Williams Advanced Engineering and Castrol to co-develop EV fluids

L-R” Paul McNamara, Technical Director WAE and Rebecca Yates, VP (Advanced Mobility), Castrol Williams Advanced Engineering (WAE) and Castrol have entered into a five-year technical partnership to co-develop high performance Electric Vehicle (EV) Fluids. As part of the agreement, Castrol will become the official supplier of EV Thermal Fluids for WAE’s growing electrification programmes and… Continue reading Williams Advanced Engineering and Castrol to co-develop EV fluids

British EV start-up One Moto to launch 3 scooters in India

The fast-growing Indian electric two-wheeler market is drawing not just domestic start-ups but also firms based in developed markets. Among the latest to plug in to the Indian EV market is UK-based One Moto, which will launch three e-scooters – Commuta, Electa and Byka – at price starting at Rs 120,000 in January 2022. The… Continue reading British EV start-up One Moto to launch 3 scooters in India

Arun Sirdeshmukh:  ‘Ola Cars is aiming at leadership position in India’s used-car market .’

Within a month of launching its used-vehicle business, Ola Cars claims to have sold more than 5,000 vehicles on its platform. The CEO of Ola Cars speaks to Nilesh Wadhwa on the company’s growth strategy, the sharp focus on customer satisfaction and developing an expansive service network. What is the strategy behind Ola’s diversification into… Continue reading Arun Sirdeshmukh:  ‘Ola Cars is aiming at leadership position in India’s used-car market .’

ZF acquires Bestmile’s tech for real-time vehicle-agnostic fleet management

With Bestmile’s technology, ZF is set to build the commercial vehicle industry’s first Mobility Orchestration Platform. ZF has acquired Bestmile’s technology, representing a significant step towards launching the commercial vehicle industry’s first Mobility Orchestration Platform. Advancing ZF’s ‘Next Generation Mobility’ strategy, this platform will help operators to realise ambitions for Transportation as a Service (TaaS)… Continue reading ZF acquires Bestmile’s tech for real-time vehicle-agnostic fleet management

Varroc Lighting Systems appoints Christian Psschel as CEO

Tier 1 lighting and electronic control units supplier Varroc Lighting Systems has appointed Christian Paschel as the new CEO of November 1, will replace Stephan Vedie, who left the company in September. Paschel joins Varroc Lighting Systems from Hella, where he was previously a member of the Executive Board and Head of Sales in the… Continue reading Varroc Lighting Systems appoints Christian Psschel as CEO

Minda Corp acquires Stoneridge Inc’s 49% share in electronics JV

In what is seen as a move to accelerate its engagement in the automotive electronics domain, Minda Corporation has acquired its joint venture partner Stoneridge Inc of the USA’s entire 49% stake in Minda Stoneridge Instruments. It will also expand its technical collaboration with Stoneridge Inc, which is a leading manufacturer of electronics instruments. Commenting on… Continue reading Minda Corp acquires Stoneridge Inc’s 49% share in electronics JV

Volvo Cars urges world leaders for more clean energy investment to maximise EV potential

Volvo Cars has urged world leaders and energy providers to significantly boost investments in clean energy, in order for its and other electric cars to deliver on their true potential in terms of climate benefit. The call coincides with a newly published report into the overall lifecycle carbon emissions of Volvo Cars’ latest fully electric… Continue reading Volvo Cars urges world leaders for more clean energy investment to maximise EV potential

Jaguar Land Rover posts Rs 2,735 crore loss after chip shortage

Jaguar Land Rover posted a £302 million (Rs 2,735 crorer) loss from July to September 2021 as the impact of the ongoing semiconductor shortage results in tens of thousands of lost sales. The British firm, which is owned by Tata Motors, sold 92,700 cars in the second financial quarter of 2021, compared with 114,000 in… Continue reading Jaguar Land Rover posts Rs 2,735 crore loss after chip shortage

EValuating Tata Motors’ electric bet

The billion-dollar fund infusion by TPG Rise Climate provided a big boost to the Tata Motors valuations and the stock. Not only did you see the stock locked in circuit but it also hit fresh 52-week highs and found a renewed buzz in the bourses. But the question is can you consider it as a… Continue reading EValuating Tata Motors’ electric bet

Tata Motors losses expand on supply side concerns

Tata Motors losses have widened for the third consecutive quarter and the automotive bellwether has posted a consolidated loss of Rs 4,442 crore for in Q2FY2022 compared to a loss of Rs 314 crore in Q2FY2021. The net revenue however came in higher at Rs 61,379 crore, up 14.7 percent from Q2FY2021 revenue of Rs 53,530 crore.… Continue reading Tata Motors losses expand on supply side concerns