FEV is a globally leading engineering provider and software developer for intelligent, safe and secure mobility applications and systems. Addressing the transformative shift of the automotive industry in recent years, FEV is driving the integration of connected mobility and cloud technologies. These advancements are revolutionising the way, we interact with vehicles, providing enhanced safety, convenience,… Continue reading BRANDED CONTENT: FEV is enabling the shift to connected mobility and cloud computing in future cars
Author: Autocar_Professional India Online News
‘India’s passenger vehicle market likely to double by FY31’: Hisashi Takeuchi
Maruti Suzuki India Managing Director Hisashi Takeuchi estimates the country’s passenger vehicle (PV) market to touch 6-7 million units annually by FY31, and grow to double in size from its present levels. In FY23, the PV segment registered sales of over 4 million units to become the third-largest market in the world. “Going ahead, the… Continue reading ‘India’s passenger vehicle market likely to double by FY31’: Hisashi Takeuchi
‘India’s passenger vehicle market likely to double by FY31’: Hisashi Takeuchi
Maruti Suzuki India Managing Director Hisashi Takeuchi estimates the country’s passenger vehicle (PV) market to touch 6-7 million units annually by FY31, and grow to double in size from its present levels. In FY23, the PV segment registered sales of over 4 million units to become the third-largest market in the world. “Going ahead, the… Continue reading ‘India’s passenger vehicle market likely to double by FY31’: Hisashi Takeuchi
Production of advanced chemistry cell batteries in the country likely to start by January 2024
The production of the first set of advanced chemistry batteries in India is slated to begin by January 2024, as per Union Minister Mahendra Nath Pandey. The government had approved the PLI (production linked incentives scheme) for the manufacturing of ACC (Advanced Chemistry Cell) batteries, at an estimated expenditure of Rs 18,100 crore. The Minister… Continue reading Production of advanced chemistry cell batteries in the country likely to start by January 2024
Anand Group and Korea’s HL Group ink aftermarket JV, target rapid domestic and global growth
The $2-billion-plus Anand Group, a leading manufacturer of world-class auto systems and components, has signed a joint venture (JV) with Korea’s $8.1-billion HL Group. The JV will increase the size of the Indian conglomerate’s aftermarket business two-fold while building the Korean entity’s presence in India. The JV will expand the aftermarket portfolio with products manufactured… Continue reading Anand Group and Korea’s HL Group ink aftermarket JV, target rapid domestic and global growth
Hyundai executive director Kim Chang-hwan elected as president of FISITA
Hyundai Motor Company and Kia executive director Kim Chang-hwan, who is concurrently serving as the head of the Battery Development Center and the head of the Hydrogen Fuel Cell Development Center, has been elected as the next president of the Federation International des Societes d’Ingenieurs des Techniques de I’Automobile (FISITA). This is the first time… Continue reading Hyundai executive director Kim Chang-hwan elected as president of FISITA
Chery to use Cipia’s AI technology in 10 new car models
Israel- based Cipia, the AI and computer vision-based in-cabin automotive solutions provider, has announced that it had been awarded 10 additional design wins for automaker Chery, one of the top automakers in China. The deal will see Cipia’s Driver Sense driver monitoring system (DMS) installed in 10 car models, in addition to the 8 Chery models… Continue reading Chery to use Cipia’s AI technology in 10 new car models
Schaeffler and H2 Green Steel intensify cooperation
Schaeffler, the motion technology company, and Swedish startup H2 Green Steel have decided to intensify their already close partnership. Following a recent equity funding round, Schaeffler has agreed to invest a further 65 million euros, a significant increase that takes its total stake to 100 million euros. That’s the most equity Schaeffler has ever put… Continue reading Schaeffler and H2 Green Steel intensify cooperation
Venice to buy 90 hydrogen buses from Solaris
Venice, one of the world’s unique cities, which is facing a host of challenging environmental issues, is another Italian city that is committed to developing emission-free mobility, not only through the purchase of battery buses but also hydrogen-powered ones. Solaris has announced that it has secured a major contract to supply hydrogen buses to Venice. Transport company Azienda Veneziana della Mobilita has ordered a total of 90 hydrogen… Continue reading Venice to buy 90 hydrogen buses from Solaris
Venice to buy 90 hydrogen buses from Solaris
Venice, one of the world’s unique cities, which is facing a host of challenging environmental issues, is another Italian city that is committed to developing emission-free mobility, not only through the purchase of battery buses but also hydrogen-powered ones. Solaris has announced that it has secured a major contract to supply hydrogen buses to Venice. Transport company Azienda Veneziana della Mobilita has ordered a total of 90 hydrogen… Continue reading Venice to buy 90 hydrogen buses from Solaris