Automotive component supplier Mahle has reported a significant boosted in sales and earnings. From January to June 2021, consolidated sales grew by 32 percent to about 5.7 billion euros, growing faster than the global automobile market. The highest growth rates were recorded in the Electronics and Mechatronics business area. Increased sales, productivity along with numerous… Continue reading Mahle sales up 32% in H1 2021 but rising input costs prices, chip woes could impact H2
Author: Autocar_Professional India Online News
Tata Tigor EV launched with aggressive Rs 11.99 lakh pricing
Synchronising the official launch and pricing of its Tigor EV with the announcement of a strong 4-star Global NCAP crash test rating, Tata Motors today launched the electric sedan at a starting price of Rs 11.99 lakh. With this, the Tigor EV becomes the most affordable electric sedan in India. Available in three variants –… Continue reading Tata Tigor EV launched with aggressive Rs 11.99 lakh pricing
Ideanomics to acquire electric CV maker, VIA Motors in all stock deal
Nasdaq listed commercial electric vehicles and associated energy consumption play, Ideanomics entered an agreement to acquire 100 percent stake in US-based electric commercial vehicle maker, VIA Motors International in an all-stock deal. The transaction valued upto $630 million is subject to regulatory and shareholder approval. The agreement values VIA at $450 million. VIA shareholders will receive… Continue reading Ideanomics to acquire electric CV maker, VIA Motors in all stock deal
Napino Group partners Enedym for cost-slashing magnet-less e-motors
The Gurgaon-based Napino Group has partnered Canada’s Enedym to manufacture complete motor solutions for the electric two-wheelersegment in India, which is poised to become a US$ 9 billion (Rs 66,609 crore) market by 2027. Under the agreement, Napino will license Enedym’s patented Switched Reluctance Motor (SRM) technology, which will be supplied for electric two-wheelers –… Continue reading Napino Group partners Enedym for cost-slashing magnet-less e-motors
Tata Tigor EV shines with 4-star rating in Global NCAP’s first EV crash test
Tata Motors has received yet another strong safety rating for its passenger vehicles. The Tata Tigor EV, the first Electric Vehicle (EV) ever tested by Global NCAP, has received a strong four-star rating for both adult and child occupants, in the latest crash test under the safety watchdog’s ‘Safer Cars For India’ programme. According to… Continue reading Tata Tigor EV shines with 4-star rating in Global NCAP’s first EV crash test
TVS targets true-blue bikers with ‘Built To Order’ platform
L-R: R Babu, VP & Head of R&D, TVS Motor Co and Meghashyam Dighole, Head – (Marketing) Premium Motorcycles, TVS Motor Co. TVS Motor Company today launched its ‘Built To Order’ (BTO) platform, marking its foray into the factory customisation and personalisation segment. The new business vertical will empower the customers to customise and personalise… Continue reading TVS targets true-blue bikers with ‘Built To Order’ platform
MG Motor India gifts Tokyo Paralympics winner Bhavina Patel a customised SUV
MG Motor India has joined the rest of the country in celebrating Bhavina Patel’s silver-medal winning game of table tennis at Tokyo Paralympics 2020. Patel scripted history by becoming the first Indian woman Paralympian to bring home a medal in table tennis. Congratulating Bhavina on her big win, Rajeev Chaba, President & Managing Director, MG Motor… Continue reading MG Motor India gifts Tokyo Paralympics winner Bhavina Patel a customised SUV
ACMA’s Vinnie Mehta: ‘Chip shortage a reality we have to deal with’
The global semiconductor shortage does not seem to get addressed any time soon. According to Vinnie Mehta, director general, ACMA, its impact may continue even in 2022. The SIAM and ACMA annual conventions held last week reiterated the need for increasing localisation, particularly with regard to electronic and semiconductor components, where India is a big… Continue reading ACMA’s Vinnie Mehta: ‘Chip shortage a reality we have to deal with’
Ashok Leyland inaugurates oxygen generator plants in Hosur
Ashok Leyland, one of India’s leading commercial vehicle manufacturers has set up 2 Oxygen Generator Plants at government Hospital, Hosur, which were inaugurated by Minister for Health and Family Welfare, Subramaniam in the presence of Dr. A Chellakumar, MP, Krishnagiri; R Gandhi, Minister for Handlooms and Textiles; Y Prakash, MLA Hosur and Balachander NV, chief… Continue reading Ashok Leyland inaugurates oxygen generator plants in Hosur
Bajaj Chetak, TVS iQube see strong demand, April-July sales cross FY2021 numbers
While the Bajaj Chetak has clocked sales of 1,723 units in the first 4 months of FY2022 (FY2021: 1,395), the TVS iQube has gone home to 1,486 buyers (FY2021: 1,061). Longstanding IC engine players Bajaj Auto and TVS Motor Co, which have plugged into the India electric mobility story, are witnessing increasing demand for their… Continue reading Bajaj Chetak, TVS iQube see strong demand, April-July sales cross FY2021 numbers