MG Motor India has announced its foray into the non-fungible token (NFT). With this, the OEM says it has become the first carmaker in India to launch a collection of NFTs. A non-fungible token is a unit of data stored on a digital ledger, most commonly known as blockchain technology. The structure certifies a digital asset… Continue reading MG first carmaker in India to launch NFTs
Author: Autocar_Professional India Online News
Mahindra Treo e-autorickshaw launched in Maharashtra at Rs 209,000
L-R: Suman Mishra, CEO, Mahindra Electric Mobility; Subhash Desai, Minister of Industries & Mining, Maharashtra; Avinash Dhakne, Transport Commissioner – Maharashtra and Ashish Malik, head of Sales, Marketing & Customer Care, Mahindra Last Mile Mobility. Mahindra Electric Mobility has launched its electric three-wheeler (passenger carrier) the Treo in Maharashtra at Rs 209,000 (ex-showroom, Mumbai) post FAME-II,… Continue reading Mahindra Treo e-autorickshaw launched in Maharashtra at Rs 209,000
Kia reveals Carens, its fourth model for India
Kia has unveiled the Carens, a name which is a combination of Car and Renaissance, and means the rebirth of the car, as per the Korean carmaker. With SUVs being the flavour of the passenger vehicle market globally, Kia is pitching the Carens as a recreational vehicle, and not simply calling it an MPV. The… Continue reading Kia reveals Carens, its fourth model for India
REE, Hitachi join forces to accelerate EV adoption
Hitachi America and REE Automotive have announced newly formed strategic agreement to ease and accelerate the adoption of electric vehicles across the entire EV value chain, including enabling manufacturing at scale, delivering commercial vehicle charging infrastructure and energy management, and providing comprehensive digital fleet management and operations for full visibility across EV fleets as organisations… Continue reading REE, Hitachi join forces to accelerate EV adoption
Tata Group meets Tamil Nadu CM, third time in four months
Tata Motors’ Executive Director Girish Wagh and team with Tamil Nadu Chief Minister today. Image: CMO Tamil Nadu/Twitter) The meetings between Tamil Nadu Chief Minister M K Stalin and the leadership team of the Tata Group continue. Earlier today, Tata Motors’s Executive Director Girish Wagh met the Chief Minister of Tamil Nadu in Chennai. There… Continue reading Tata Group meets Tamil Nadu CM, third time in four months
Sentient Labs showcases made-in-India hydrogen fuel cell bus
Pune-based R&D innovation firm Sentient Labs has demonstrated an indigenously developed Hydrogen Fuel Cell Bus. The start-up is incubated by KPIT Technologies which has collaborated with CSIR (Council of Scientific and Industrial Research)-NCL (National Chemical Laboratory) and CSIR-CECRI (Central Electrochemical Research Institute) to develop the hydrogen fuel cell technology. The start-up says its vision is… Continue reading Sentient Labs showcases made-in-India hydrogen fuel cell bus
Switch Mobility to set up production and R&D hub in Spain
Switch Mobility, the electric bus and light commercial vehicle OEM and part of Ashok Leyland, is to break ground on a new manufacturing and technology centre in Castilla y Leon, Spain on January 27, 2022. With a significant presence already in the UK and India, the new facility will extend Switch’s footprint as part of the… Continue reading Switch Mobility to set up production and R&D hub in Spain
Union Cabinet approves Rs 76,000 crore PLI scheme for semiconductors
In what is good news for India Auto Inc, the Union Cabinet has cleared a production-linked incentive scheme (PLI) worth over Rs 76,000 crore for semiconductor production over the next six years. The development, though expected, comes at a time when the country’s auto sector like its global peers is witnessing a severe crunch of semiconductors,… Continue reading Union Cabinet approves Rs 76,000 crore PLI scheme for semiconductors
Ford to offer generous compensation to dealers
Ford, which announced its exit from the Indian market in early September 2021, has agreed to compensate its dealers in India over the next few years for the potential of lost sales and service work. It is understood the compensations are sizeable. While the carmaker had already assured customers of continued support for service, parts and warranty,… Continue reading Ford to offer generous compensation to dealers
TVS Motor and BMW Motorrad expand partnership to future tech and EVs
TVS Motor Company and BMW Motorrad have announced that they are extending and expanding their long-term partnership with the joint development of new platforms and future technologies, including Electric Vehicles (EVs). TVS Motor Co’s scope will include the design and development of future BMW Motorrad products and delivering world-class quality, supply chain management, andindustrialisation. Under… Continue reading TVS Motor and BMW Motorrad expand partnership to future tech and EVs