The world is literally standing at crossroads- the interface between human experience and technology and Autocar Professional seeks to connects the dots between the OEMs and the suppliers with its Connectivity & Electronics Special March 1 issue. This 64-page issue brings you exclusive interviews, in-depth analysis and detailed insight about how automobiles are increasingly transforming into computers… Continue reading Autocar Professional’s March 1 issue is all about connectivity
Author: Autocar_Professional India Online News
Atumobile begins deliveries of retro-vintage electric motorcycle
Hyderabad-based EV start-up, Atumobile has commenced delivery of its new-generation electric motorcycle, Atum 1.0. Launched on September 1 2020, the Atum1.0 ehas a base price of Rs 50,000. The company claims to have received over 400 bookings from across India since launch. Atum 1.0 is powered by a portable lithium-ion battery pack, claimed to see full charge in… Continue reading Atumobile begins deliveries of retro-vintage electric motorcycle
MG Motor, Tata Power install superfast EV charging station in Chennai
Rapidly advancing the EV infrastructure in India, MG Motor and Tata Power have deployed a 50 kW Superfast public EV charging station in Chennai. The deployment is in line with MG’s vision to enhance the national EV charging ecosystem with 50 kW and 60 kW DC superfast charging stations. MG along with its partners has… Continue reading MG Motor, Tata Power install superfast EV charging station in Chennai
Advik Hi-Tech acquires Hanon Systems’ Bangalore unit
Advik Hi-Tech, a leading global automotive component manufacturer, today completed the acquisition of Hanon Bangalore Operations (Hanon Bangalore), from Hanon Systems, South Korea. This plant currently manufactures automotive water pumps and vacuum pumps for global vehicle manufacturers, with scope for expansion. Advik says the acquisition is a strategic fit as it accelerates Advik Hi-Tech’s global… Continue reading Advik Hi-Tech acquires Hanon Systems’ Bangalore unit
Suzuki Motor Corp’s five-year plan bullish on growth from India
After celebrating 100 years of its existence in March last year, Japanese auto giant Suzuki Motor Corporation (SMC) has revealed its next five-year mid-term management plan which determines its actionable outlines for growth between April 2021 and March 2026. The company is going to rely on emerging economies like India, which will continue to be… Continue reading Suzuki Motor Corp’s five-year plan bullish on growth from India
Omega Seiki Mobility plans to invest Rs 100 crore for EV manufacturing plant in Bangladesh
Delhi-NCR-based Omega Seiki, an electric vehicle manufacturing company has announced that it will set up an electric vehicle manufacturing facility near Dhaka in Bangladesh, with an investment of Rs 100 crore. This the company says will be the first project of any Indian EV company in international markets. The new entity will be called OSM-Bangladesh… Continue reading Omega Seiki Mobility plans to invest Rs 100 crore for EV manufacturing plant in Bangladesh
Motherson Sumi reaffirms revenue target of US$36 billion by 2025
Motherson Sumi Systems’ restructuring exercise, which is expected to get complete by August this year, will allow the Group to pursue acquisition opportunities more aggressively. In a recent interaction with investors, the company reaffirmed its focus on generating revenue over US$36 billion (Rs 266,436 crore) with return on capital employed (ROCE) of about 40 percent by… Continue reading Motherson Sumi reaffirms revenue target of US$36 billion by 2025
Continental picks up stake in AI chip start-up Recogni, bets on future of autonomous vehicles
German technology company Continental has acquired a minority stake in the German-US start-up Recogni, which is working on a new chip architecture for object recognition in real-time based on artificial intelligence (AI). The processors of the future are intended for use in Continental’s high-performance vehicle computers, among other applications, where they will perform rapid processing… Continue reading Continental picks up stake in AI chip start-up Recogni, bets on future of autonomous vehicles
Amazon India to deploy Mahindra Electric’s Treo Zor for deliveries in 7 cities
E-commerce major Amazon India has announced its partnership with Mahindra Electric to further strengthen its commitment towards electric mobility in the country. In 2020, Amazon India had announced that its fleet of delivery vehicles will include 10,000 electric vehicles (EVs) by 2025, which is part of the company’s global commitment of adding 100,000 electric vehicles… Continue reading Amazon India to deploy Mahindra Electric’s Treo Zor for deliveries in 7 cities
Droom digital platform sees growing usage from used car and two-wheeler buyers
New Delhi-headquartered online marketplace Droom recently released its annual automobile industry trend report, which reported a 300 percent increase in digital adoption by consumers. The report highlighted that the Covid-19 pandemic accelerated this digital adoption and the shift was more pronounced among used cars and 2-wheelers as opposed to new ones. The company’s annual automobile… Continue reading Droom digital platform sees growing usage from used car and two-wheeler buyers