Author: Autocar_Professional India Online News

Magenta signs pact with Telengana nodal agency for EV deployment

Magenta Power management and TSREDCO officials sign the agreement for deployment of electric vehicles in state departments. EV solutions company, Magenta has signed an agreement with Telangana’s nodal agency for promotion of Energy Conservation Initiatives, TSREDCO for transitioning government officers’ transport fleet from ICE vehicles to EVs across state departments. As part of this initiative… Continue reading Magenta signs pact with Telengana nodal agency for EV deployment

Tata Motors’ Guenter Butschek to step down on June 30, will continue as consultant for FY2022

Tata Motors has announced that Guenter Butschek will be stepping down from his role as CEO and MD from June 30, 2021. Butschek had informed his desire to relocate to Germany at the end of the contract for personal reasons but will continue as a consultant to the company till the end of this fiscal… Continue reading Tata Motors’ Guenter Butschek to step down on June 30, will continue as consultant for FY2022

Lanxess develops new design for EV charging inlets

The boom in electric vehicles is causing a sharp rise in demand for plastics destined for charging infrastructure. Specialty chemicals major Lanxess believes this offers a wealth of opportunities to use its Durethan polyamides and Pocan polyesters. The company has now used its thermoplastic compounds in a new design concept for EV charging inlets. These… Continue reading Lanxess develops new design for EV charging inlets

Toyota Kirloskar Motor to share best practices with ACMA member companies

Toyota Kirloskar Motor (TKM) has signed a Memorandum of Understanding (MoU) with the Automotive Component Manufacturers Association of India (ACMA) to share its best practices like people development and lean management principles with ACMA member companies. The initiative will be undertaken by TKM through its training arm Toyota Learning and Development India (TLDI).  The MoU… Continue reading Toyota Kirloskar Motor to share best practices with ACMA member companies

Hyundai, Kia and Grab to accelerate EV adoption in Southeast Asia

Hyundai Motor Group and Grab Holdings Inc have announced an enhancement of their ongoing strategic partnership in mobility services. The next phase of the partnership will focus on accelerating EV adoption in Southeast Asia.  The Group, including Hyundai Motor Company and Kia Corporation which are the Group’s affiliates, and Grab will further develop new pilots and… Continue reading Hyundai, Kia and Grab to accelerate EV adoption in Southeast Asia

Denso invests in Seurat Technologies to accelerate 3D metal printing

Denso has announced its investment in Seurat Technologies, participating in the metal additive manufacturer’s Series B funding round. The investment will help speed the development and commercialisation of Seurat’s patented additive manufacturing technology and is Denso’s latest move to bolster its digital transformation. Founded in July 2015, Seurat Technologies is creating the next generation of metal… Continue reading Denso invests in Seurat Technologies to accelerate 3D metal printing

Volvo Car Group and Northvolt to set up JV, plan gigafactory in Europe

Volvo Car Group plans to set up a joint venture with Swedish battery company Northvolt to develop and produce more sustainable batteries, tailored to power the next generation of pure electric Volvo and Polestar cars. As a first step for the 50/50 JV, Volvo Car Group and Northvolt aim to set up a research and… Continue reading Volvo Car Group and Northvolt to set up JV, plan gigafactory in Europe

Faurecia acquires Scottish backlighting tech major DesignLED

Faurecia has, earlier this month, acquired DesignLED. Based in Scotland, DesignLED specialises in advanced backlighting technologies. DesignLED has developed advanced, flexible technology uniquely suited to a growing range of automotive lighting and human machine interface (HMI) applications. The acquisition will help strengthen Faurecia’s display technologies and immersive experiences offered for its ‘Cockpit of the Future’. Formed… Continue reading Faurecia acquires Scottish backlighting tech major DesignLED