Apollo Tyres’ profit doubles in Q3 on robust sales

Apollo Tyres more than doubled its profit in Q3 FY2021 to Rs 444 crore compared to Rs 174 crore in Q3 FY2020 on the back of strong sales across geographies. The sales in Q3 grew 14 percent to Rs 4,965 crore (Q3 FY202 sales at Rs 4,347 crore). The operating profit for the tyre maker… Continue reading Apollo Tyres’ profit doubles in Q3 on robust sales

Ather Energy’s new plant in Hosur goes on stream

Ather Energy’s new plant in Hosur, Tamil Nadu, is spread across 400,000 square feet. (Image: Twitter/Guidance TN) Fourteen months after Bangalore-based electric scooter manufacturer Ather Energy had signed an MoU for a 400,000 square feet electric vehicle manufacturing facility with the government of Tamil Nadu, the plant has gone on stream. Thus far, Ather’s 450X and… Continue reading Ather Energy’s new plant in Hosur goes on stream

New Magnite brings the buzz back in Nissan showrooms

Nissan Motor India, which has little to show in terms of passenger vehicle market share, has reasons for cheer with its latest offering in the compact SUV space – Nissan Magnite – drawing huge consumer interest. The budget-friendly crossover, which undercuts rivals by as much as Rs 190,000, ex-showroom, is seeing customers queuing for this… Continue reading New Magnite brings the buzz back in Nissan showrooms

Jaguar Land Rover to use advanced lightweight composites for future EVs

Jaguar Land Rover is preparing for future electric vehicles with advanced lightweight composite research that will help deliver increased range, greater performance and a more dynamic drive. The Tucana project is a four-year programme to make the UK a world leader in low-carbon technology, helping prevent 4.5 million tonnes of CO2 emissions between 2023 and 2032 by accelerating… Continue reading Jaguar Land Rover to use advanced lightweight composites for future EVs

Subcompact Renault Kiger unveiled in India, launch in Q1

Renault India today took wraps off its Renault Kiger compact SUV. The car was unveiled to the global audience in an event in New Delhi. The Renault Kiger which was first showcased as a Concept car at the Auto Expo 2020, is based on Renault-Nissan’s compact modular frame (CMF-A) platform which also underpins the recently… Continue reading Subcompact Renault Kiger unveiled in India, launch in Q1

Skoda Kushaq unveiled ahead of world premiere in March

Skoda Auto India today unveiled its first model under the ‘India 2.0’ revival strategy and the midsized crossover which was christened Skoda Kushaq on January 7, is out in the flesh albeit in camouflaged form.  The new crossover, which is built on Skoda’s MQB-A0-IN platform aims to cater to the India-specific requirements of design, quality,… Continue reading Skoda Kushaq unveiled ahead of world premiere in March

Hyundai launches AI-driven humanoid robot for automated customer services

Hyundai Motor Group has launched the ‘DAL-e’, a highly advanced customer service robot that independently communicates with people using precise recognition capabilities and mobility functions. The DAL-e is an acronym for ‘Drive you, Assist you, Link with you-experience’. Designed to pioneer the future of automated customer services, the DAL-e is equipped with state-of-the-art artificial intelligence… Continue reading Hyundai launches AI-driven humanoid robot for automated customer services

Hyundai becomes third OEM to invest in Israel’s UVeye

Israel-based UVeye, a developer of automated vehicle-inspection systems, has secured strategic investments from Hyundai Motor Company and several other investors to accelerate the company’s global expansion plans. The company counts Volvo and Toyota Motor Corporation among its early backers. The company has raised more than $40 million (Rs 296 crore) from carmakers and other strategic… Continue reading Hyundai becomes third OEM to invest in Israel’s UVeye