Continental to reveal sustainable concept tyre at IAA Mobility

Along with the sustainable concept tyre, Continental will also use of recycled PET bottles in its tyre production (pictured above). Continental is set to commemorate its 150th anniversary at IAA Mobility next week by presenting what it says are “groundbreaking answers to crucial questions about the future of mobility.” ‘Safe. Connected. Convenient. Driving the future… Continue reading Continental to reveal sustainable concept tyre at IAA Mobility

Kia sells 217,204 units in August, sees flat growth

Kia has announced total global sales of 217,204 units in August 2021, which marks a 0.1 percent increase year over year. The Sportage and Seltos SUV models led Kia’s global sales in August, selling 32,388 and 20,561 units respectively. The Rio subcompact sedan (also known as Pride in some markets) was third with 17,769 units.… Continue reading Kia sells 217,204 units in August, sees flat growth

Mahesh Babu takes charge as COO and CEO, Switch Mobility India

Switch Mobility, Ashok Leyland’s electric mobility arm, has announced that Mahesh Babu will hold two leadership positions with immediate effect: Chief Operating Officer of Switch Mobility Ltd and CEO of Switch Mobility, India. Babu has over 25 years of experience in mobility and joins Switch from Mahindra Electric where he was MD and CEO. Under his leadership, Mahindra Electric launched… Continue reading Mahesh Babu takes charge as COO and CEO, Switch Mobility India

Semiconductor shortage chips into car sales in August

Domestic sales in the passenger vehicle (PV) segment in India took a beating in August 2021, what with carmakers grappling with the ongoing global semiconductor shortage, which has compelled companies to cut production due to unavailability of electronic chips. Carmakers such as Maruti Suzuki India have reportied an 8.71 percent drop in wholesales to dealers but… Continue reading Semiconductor shortage chips into car sales in August

Spark Minda acquires stake in start-up making EV charging products

Minda Corporation (MCL), through its subsidiary Spark Minda Green Mobility Solutions, has entered into definitive agreements for acquiring 26 percent equity stake in EVQPOINT Solutions, a start-up working on EV charging solutions. With this investment, the Spark Minda Group will become EVQPOINT’s exclusive technology and manufacturing partner for battery chargers and EV supply equipment. The… Continue reading Spark Minda acquires stake in start-up making EV charging products

Drought and fire fuel chip shortage, TSMC sees it extending into 2022

As the chip shortage continues to affect auto production, spike in demand for electronics may not be the only trigger for the shortage. Drought in Taiwan and fire at Japan’s Renesas Electronics earlier this year may have exacerbated the crisis. One of the world’s biggest semiconductor producers, Taiwan’s TSMC has said the shortages will extend into 2022 but… Continue reading Drought and fire fuel chip shortage, TSMC sees it extending into 2022

Royal Enfield launches 2021 Classic 350, upgrades chassis, engine and features

Royal Enfield today launched the 2021 Model Year Classic 350 which gets a fair number of changes. While the styling takes cues from RE’s vintage G2 model, the big changes are on the powerplant front. The new Classic 350 is powered by the Meteor engine, the ‘J-platform’ 349cc engine replacing the 346 Unit Construction Engine.… Continue reading Royal Enfield launches 2021 Classic 350, upgrades chassis, engine and features

Ather Energy working on sub-Rs 100,000 electric scooter

Bangalore-based electric vehicle company Ather Energy is gearing up for new competition. It plans to launch its most affordable e-scooter, which is expected to be priced similar (sub-Rs 100,000) to new rivals like Ola Electric and Simple Energy. At present, Ather sells two models in India – the 450 Plus at Rs 113,000 and the… Continue reading Ather Energy working on sub-Rs 100,000 electric scooter

Elgi gets NASSCOM to digitally upskill its workforce

Elgi Equipments, one of India’s leading air-compressor manufacturers, has partnered NASSCOM’s FutureSkills Prime initiative. This will enable it to equip every employee with a set of foundational digital skills , continually adapt to new ways of working, and add value beyond what can be done by automated systems and intelligent machines.  FutureSkills Prime is a skilling… Continue reading Elgi gets NASSCOM to digitally upskill its workforce