Autocar_Professional India Online News – Page 1493

Over 70 GWh of battery waste to reach recycling firms by 2030: CII report

India could have a significant battery waste problem on its hands, according to a new report from Confederation of Indian Industry (CII). A report on ‘Battery Manufacturing & its Ecosystem’ released by the Confederation of Indian Industry (CII), has said that an estimated 72 to 81 GWh of waste batteries (around 447,000 to 517,000 tons) would reach… Continue reading Over 70 GWh of battery waste to reach recycling firms by 2030: CII report

BorgWarner to exhibit innovative solutions for eMobility and new corporate identity at IAA Mobility

BorgWarner is set to showcase its growing, innovative product portfolio that supports automotive manufacturers in their electrification transformations at IAA Mobility. The event, hosted in Munich, Germany, September 5-8, 2023, will highlight the company’s progress on its strategic objectives and the continuous evolution of its efficient technology solutions for the transition to eMobility. The trade… Continue reading BorgWarner to exhibit innovative solutions for eMobility and new corporate identity at IAA Mobility

Zevo secures funding from Agility Ventures for sustainable supply chain solutions

Zevo, a fully integrated electric supply chain, and warehousing platform has raised funding from Agility Ventures. The funds will be used to expand its fleet of electric vehicles and micro storages, focusing on last-mile delivery and integrated logistics solutions along with electric refrigerated deliveries. The funding will be utilised towards the expansion of Zevo’s fleet of electric vehicles… Continue reading Zevo secures funding from Agility Ventures for sustainable supply chain solutions

Porsche 911 S/T priced at Rs 4.26 crore in India

Porsche has priced the 911 S/T in India at Rs 4.26 crore (ex-showroom, India), making it the most expensive 911 – and Porsche – model on sale in the country. Revealed earlier this month as the 60th birthday celebration of the 911, Porsche will produce only 1,963 units of the 911 S/T. Porsche 911 S/T exterior and interior The 911… Continue reading Porsche 911 S/T priced at Rs 4.26 crore in India

‘Our strategy is to continue with hybrid vehicles for as long as possible’: Stephan Winkelmann

As premium and sports car makers around the world are accelerating their shift towards meeting net zero goals, sportscar maker Lamborghini sees plug-in hybrid vehicles remaining its core pillar in the coming decade to transition to a zero-emission era. With a pace of electrification likely to differ from a developed to a developing world, given… Continue reading ‘Our strategy is to continue with hybrid vehicles for as long as possible’: Stephan Winkelmann

Volkswagen India rolls out new brand communication

Volkswagen India has rolled out its new brand communication ‘You’re in a Volkswagen’, capturing a 360 degree perspective on what it means to drive the car. Conceptualised by the DDB Mudra Group with media planning by PHD, the new consumer-friendly campaign takes a brand-first approach to build a robust emotional equity in the automobile market… Continue reading Volkswagen India rolls out new brand communication

‘The luxury car market could potentially double by 2030′: Santosh Iyer

As the Indian economy strengthens and the number of high-net-worth individuals rises, the aspirational aspects are also reflected in high-end lifestyle purchases and luxury cars are usually among the top acquisitions. Santosh Iyer, MD of Mercedes Benz India says the Indian luxury car market will continue to grow in double digits in the coming decade,… Continue reading ‘The luxury car market could potentially double by 2030′: Santosh Iyer

Tata AutoComp, Skoda Group parter to serve Indian Railway, Metro and Bus market

Tata AutoComp, an auto component player, has signed a Memorandum of Understanding (MoU) with Škoda Group. This agreement sets the framework for a strategic joint venture aimed at producing components for the growing Indian railway and public mobility market. Tata AutoComp provides systems and components for Electric Vehicles, and this partnership aims to strengthen its capabilites… Continue reading Tata AutoComp, Skoda Group parter to serve Indian Railway, Metro and Bus market

Stellantis invests $100 million in CTR to strengthen low-emission US lithium production

Stellantis and Controlled Thermal Resources Holdings Inc (CTR) have announced a major investment of over $100 million from Stellantis to advance the development of CTR’s Hell’s Kitchen project, the world’s largest geothermal lithium project with a total resource capacity to produce up to 300,000 metric tons of lithium carbonate equivalent each year. Lithium produced at… Continue reading Stellantis invests $100 million in CTR to strengthen low-emission US lithium production