Gemopai targets ICE two-wheeler market by offering e2W priced under Rs 1 lakh

Gemopai, a joint venture between India’s Goreen E-Mobility and China’s Opai Electric, sets sights on achieving revenue of over US$100 million by FY2025-26. To accomplish this, the electric two-wheeler maker plans to introduce 4-5 new cost-effective models, expand its network of dealerships to 1,000, and leverage government initiatives to bolster electric vehicle manufacturing and adoption. In an interaction with Autocar Professional, Amit Raj… Continue reading Gemopai targets ICE two-wheeler market by offering e2W priced under Rs 1 lakh

Flix to enter Indian market by 2024

Flix, a global provider of sustainable travel options has announced plans to expand FlixBus operations to India. Following advancements in Europe, the Americas, and Türkiye, the company now seeks to introduce its business model to India, one of the largest bus markets globally. The first inter-city green lines are scheduled to launch in early 2024.… Continue reading Flix to enter Indian market by 2024

Flix to enter Indian market by 2024

Flix, a global provider of sustainable travel options has announced plans to expand FlixBus operations to India. Following advancements in Europe, the Americas, and Türkiye, the company now seeks to introduce its business model to India, one of the largest bus markets globally. The first inter-city green lines are scheduled to launch in early 2024.… Continue reading Flix to enter Indian market by 2024

Pricol files writ petition challenging Minda Corp’s application to CCI for acquiring 24.5% stake

Coimbatore-headquartered Pricol Ltd (Pricol) has filed a writ petition at Madras High Court against Minda Corporation, challenging the latter’s validity of application to the Competition Commission of India  (CCI)  for taking its equity shares up to 24.5% (in Pricol). “The Division Bench of the Honourable High Court of Madras has on 24th May 2023 admitted the Writ Petition… Continue reading Pricol files writ petition challenging Minda Corp’s application to CCI for acquiring 24.5% stake

Resilient Supply Chains: Driving Automotive Industry Growth through Sustainable Practices and Risk Management

With the ongoing transition towards an electrified vehicle (EV) ecosystem, automotive tier-one suppliers hold a crucial position. As the torchbearers of change across the value chain, these suppliers play a pivotal role in enabling the cohesive growth of the overall industry. While evident progress is underway, over the past few years, the industry has successfully… Continue reading Resilient Supply Chains: Driving Automotive Industry Growth through Sustainable Practices and Risk Management

Resilient Supply Chains: Driving Automotive Industry Growth through Sustainable Practices and Risk Management

With the ongoing transition towards an electrified vehicle (EV) ecosystem, automotive tier-one suppliers hold a crucial position. As the torchbearers of change across the value chain, these suppliers play a pivotal role in enabling the cohesive growth of the overall industry. While evident progress is underway, over the past few years, the industry has successfully… Continue reading Resilient Supply Chains: Driving Automotive Industry Growth through Sustainable Practices and Risk Management

RunR Mobility launches RunR HS EV model at Rs 1,25,000 to Rs 1,30,000, without subsidy (Ex-showroom)

RunR Mobility, a Gujarat-based electric vehicle comapny, has launched the RunR HS EV model, with a range of up to 110 kilometres per charge.  Electric two-wheelers in India are set to get costlier from June 1, 2023 as the government of India has revised the subsidy on the FAME India (Faster Adoption and Manufacturing of… Continue reading RunR Mobility launches RunR HS EV model at Rs 1,25,000 to Rs 1,30,000, without subsidy (Ex-showroom)

Hella plans series production of steering sensors for all-electric steer-by-wire systems

Hella has received several significant customer orders for the latest generation of steering sensors. This is an essential key technology with which Hella is significantly advancing the development of steer-by-wire systems. Series production for various well-known customers is expected to start in 2025 at Hella’s electronics plants in Recklinghausen (Germany) and Xiamen (China). Development takes… Continue reading Hella plans series production of steering sensors for all-electric steer-by-wire systems

Novelis looks to accelerate aluminium part innovation with new roll forming development line

Novelis Inc, a subsidiary of Hindalco Industries and the metals flagship company of the Mumbai-based Aditya Birla Group, has announced the start of its new roll forming development line. The new development line will help Novelis meet industry demand for a process that can produce large volumes of high-strength aluminium auto parts. Located at the company’s… Continue reading Novelis looks to accelerate aluminium part innovation with new roll forming development line

Delux Bearings, Ravi Technoforge and NHB among 19 Schaeffler Supplier Award winners

Global automotive and industrial supplier Schaeffler has presented 19 of its suppliers with the Schaeffler Supplier Award at the Supplier Day in Herzogenaurach, Germany, in honour of their exceptional performance. Three of the 19 winning component suppliers are Indian companies – the Mumbai-based Delux Bearings, Gujarat-headquartered Ravi Technoforge and NHB Ball & Roller, also based… Continue reading Delux Bearings, Ravi Technoforge and NHB among 19 Schaeffler Supplier Award winners