With its Computer-Aided Design and Engineering solutions, Detroit Engineered Products (DEP) is enabling the automotive industry’s accelerated shift towards sustainable and futuristic technologies, including electric vehicles. From being incepted in 1998 in Troy, Michigan, USA, DEP is now a global company with footprints in Europe, China, Korea, Japan, and India, and is empowering automotive companies… Continue reading ‘The significance of CAD, CAE cannot be overstated,’ says Radha Krishnan of DEP
Author: Autocar_Professional India Online News
EV sales in India cross 3 million units: Maharashtra tops in 2-wheelers, PVs and buses, UP in three-wheelers
India’s electric vehicle (EV) industry has clocked yet another milestone: cumulative sales have surpassed the 3-million units or 30 lakh mark at the end of October 2023. The past two years have witnessed accelerated growth for the sector – annual sales grew by 209% in CY2022 to charge past the 1-million-unit mark for the first… Continue reading EV sales in India cross 3 million units: Maharashtra tops in 2-wheelers, PVs and buses, UP in three-wheelers
EV sales in India cross 3 million units: Maharashtra tops in 2-wheelers, PVs and buses, UP in three-wheelers
India’s electric vehicle (EV) industry has clocked yet another milestone: cumulative sales have surpassed the 3-million units or 30 lakh mark at the end of October 2023. The past two years have witnessed accelerated growth for the sector – annual sales grew by 209% in CY2022 to charge past the 1-million-unit mark for the first… Continue reading EV sales in India cross 3 million units: Maharashtra tops in 2-wheelers, PVs and buses, UP in three-wheelers
Delhi government stays odd-even scheme implementation from November 13
The Delhi Government, which, on November 6, had announced the implementation of the Odd-Even traffic rationing scheme between November 13 and 20, to curb the worsening air quality in the national capital, has put it on hold. The government, on November 10 said that the scattered showers in the national capital throughout the day had… Continue reading Delhi government stays odd-even scheme implementation from November 13
M&M plans to double its electric three-wheeler sales in FY24, LMM biz may cross 1 lakh mark
Mahindra & Mahindra, the country’s largest electric three-wheeler maker is planning to more than double its sales this financial year, led by an accelerated transition to EV in the three wheeled transportation space. Already in the first six months of FY-24, the company has already exceeded sales of its last year annual sales of 35000… Continue reading M&M plans to double its electric three-wheeler sales in FY24, LMM biz may cross 1 lakh mark
M&M plans to double its electric three-wheeler sales in FY24, LMM biz may cross 1 lakh mark
Mahindra & Mahindra, the country’s largest electric three-wheeler maker is planning to more than double its sales this financial year, led by an accelerated transition to EV in the three wheeled transportation space. Already in the first six months of FY-24, the company has already exceeded sales of its last year annual sales of 35000… Continue reading M&M plans to double its electric three-wheeler sales in FY24, LMM biz may cross 1 lakh mark
Want to be in mode of rapid growth, open to inorganic opportunities – Anish Shah, MD Mahindra & Mahindra
Mahindra & Mahindra is open to inorganic opportunities in its automotive business, says Anish Shah – MD of the company but states that the “bar for acquisition is high” The maker of XUV 700 and Scorpio which has made remarkable comeback in volumes and market share over the last three years organically has seen its… Continue reading Want to be in mode of rapid growth, open to inorganic opportunities – Anish Shah, MD Mahindra & Mahindra
Want to be in mode of rapid growth, open to inorganic opportunities – Anish Shah, MD Mahindra & Mahindra
Mahindra & Mahindra is open to inorganic opportunities in its automotive business, says Anish Shah – MD of the company but states that the “bar for acquisition is high” The maker of XUV 700 and Scorpio which has made remarkable comeback in volumes and market share over the last three years organically has seen its… Continue reading Want to be in mode of rapid growth, open to inorganic opportunities – Anish Shah, MD Mahindra & Mahindra
Festive October powers strong double-digit growth for PV, two- and three-wheeler wholesales
With India in the peak period of the 90-day festive period which began over two months ago, October 2023, as expected, has delivered the goods for vehicle manufacturers in terms of wholesale dispatches to dealers. As per the monthly numbers released by apex industry body SIAM, for three vehicle categories (passenger vehicles, two- and three-wheelers),… Continue reading Festive October powers strong double-digit growth for PV, two- and three-wheeler wholesales
Samvardhana Motherson’s EV orderbook is at $17 billion
Samvardhana Motherson International’s EV order book is at $ 17 billion. The company says its automotive business order book swelled to over US$ 77 billion (Rs 64,130 crore) by end-September 2023, from being pegged at US$ 69.1 billion (Rs 57,550 crore) by end-March 2023. Vivek Chaand Sehgal, Chairman, Motherson said, “The booked business of over $… Continue reading Samvardhana Motherson’s EV orderbook is at $17 billion