Magna has announced the start of production of a first-to-market, modular eDecoupling unit to support multiple battery electric vehicle (BEV) programs for a German premium OEM. A bolt-on stand-alone solution for BEVs, Magna’s electro-magnetic eDecoupling is a robust, field proven product technology that is integrated as a complete module. The eDecoupling is an electromechanical device… Continue reading Magna begins production of modular eDecoupling unit for BEVs
Author: Autocar_Professional India Online News
Fiat could make a comeback in India
The Stellantis Group, which operates Jeep and Citroen in India, is likely to leverage its STLA Medium (M) platform to bring back the Fiat brand to India. Unveiled earlier last month, Stellantis’ STLA M platform is understood to be making its way to India with the next-gen Jeep Compass in 2026 along with Citroen’s next-generation models, which will also use the… Continue reading Fiat could make a comeback in India
Ministry of Labour mulls social security scheme for gig workers; slated to spur demand for electric two-wheelers
The central government is mulling the launch of a pan-India social security scheme for gig workers in the e-commerce and food aggregator space after Rajasthan and Karnataka introduced similar social security measures. The Rajasthan government passed the Platform-Based Gig Workers (Registration and Welfare) Bill, 2023, in the last week of July 2023, which aims to bring gig workers into the fold of… Continue reading Ministry of Labour mulls social security scheme for gig workers; slated to spur demand for electric two-wheelers
Ministry of Labour mulls social security scheme for gig workers; slated to spur demand for electric two-wheelers
The central government is mulling the launch of a pan-India social security scheme for gig workers in the e-commerce and food aggregator space after Rajasthan and Karnataka introduced similar social security measures. The Rajasthan government passed the Platform-Based Gig Workers (Registration and Welfare) Bill, 2023, in the last week of July 2023, which aims to bring gig workers into the fold of… Continue reading Ministry of Labour mulls social security scheme for gig workers; slated to spur demand for electric two-wheelers
Tesla’s Zachary Kirkhorn steps down as CFO, Taneja to take over: Report
Kirkhorn, a company veteran of 13 years, will remain with Tesla till the end of the year. No particular reason was given for his departure. Tesla said that Zachary Kirkhorn stepped down as its chief financial officer and named its accounting head, Vaibhav Taneja, as its new finance chief, Reuters reported. Taneja who joined Tesla… Continue reading Tesla’s Zachary Kirkhorn steps down as CFO, Taneja to take over: Report
JK Tyres eyeing funds for Rs 1,100 crore investment plan
JK Tyre & Industries, the flagship company of JK Group, has revived its Rs 1,100 crore investment plan, which was postponed in 2018 due to a slowdown in macroeconomic indicators. The company is now going all out to tap into the growing demand for tyres in India. Dr. Raghupati Singhania, the Chairman and Managing Director… Continue reading JK Tyres eyeing funds for Rs 1,100 crore investment plan
JK Tyres eyeing funds for Rs 1,100 crore investment plan
JK Tyre & Industries, the flagship company of JK Group, has revived its Rs 1,100 crore investment plan, which was postponed in 2018 due to a slowdown in macroeconomic indicators. The company is now going all out to tap into the growing demand for tyres in India. Dr. Raghupati Singhania, the Chairman and Managing Director… Continue reading JK Tyres eyeing funds for Rs 1,100 crore investment plan
India poised to become a global hub for automotive component manufacturing
The Indian Auto Component Inc.’s cumulative growth in the last five years has touched 4.1 percent, with the rate of growth (5.7%) in exports being double that of imports, thereby helping reduce the trade deficit, which, in FY19 was pegged at US$ 2.5 billion. However, with the aggressive push of global automakers to de-risk their… Continue reading India poised to become a global hub for automotive component manufacturing
Tata Motors partners with South Indian Bank to offer an exclusive financing programme for authorised passenger EV dealers
Tata Motors has joined hands with South Indian Bank, to extend an exclusive Electric Vehicle Dealer Financing Program and offer comprehensive retail financing solutions to all customers. The MoU for this partnership was signed by Ramesh Dorairajan, Senior General Manager – Network Management and EV Sales, Tata Motors Passenger Vehicles and Praveen Joy, Head, Transaction… Continue reading Tata Motors partners with South Indian Bank to offer an exclusive financing programme for authorised passenger EV dealers
RAMP Global and IIISLA to digitise automotive insurance claim reporting and management in India
RAMP Global and the Indian Institute of Insurance Surveyors & Loss Assessors (IIISLA), promoted by IRDAI, have signed an exclusive agreement on automotive insurance claims. This strategic collaboration will transform the national landscape of insurance claims processing by implementing RAMP’s pioneering cloud-based technology into IIISLA’s operations. Ramp Global is a digital platform providing garage management software and other softwares to digitally transform… Continue reading RAMP Global and IIISLA to digitise automotive insurance claim reporting and management in India