‘We understand the speed and sequence of EV adoption’: Dharm Vahalia

Chennai-based Ascend Performance Materials is actively engaged with all major global OEMs and Tier I companies, many of whom are also operating in India. Over the past decade, the company has been a partner to market leaders in the EV segment where it helps them build battery modules, battery seals, wire harness retainers, connectors, suspension… Continue reading ‘We understand the speed and sequence of EV adoption’: Dharm Vahalia

Petronet LNG to establish 4-5 compressed biogas stations, includes them as part of Rs 1,700 crore capex plan for FY24

Petronet LNG to establish 4-5 compressed biogas stations, includes them as part of Rs 1,700 crore capex plan for FY24 Petronet LNG (PLNG), India’s largest player in the LNG sector, plans to establish 4-5 compressed biogas stations. The initiative has already been incorporated into the company’s capex plan, which stands at approximately Rs 1,700 crore… Continue reading Petronet LNG to establish 4-5 compressed biogas stations, includes them as part of Rs 1,700 crore capex plan for FY24

‘India is one of the most competitive markets in the world’: Thierry Koskas, CEO, Citroen

‘India is one of the most competitive markets in the world’: Thierry Koskas, CEO, Citroen Citroen CEO Thierry Koskas believes that the C3 Aircross can become the main competitor in this busy segment, as he goes on to highlight India’s plans for the company and touches upon why India is one of the most competitive… Continue reading ‘India is one of the most competitive markets in the world’: Thierry Koskas, CEO, Citroen

MHI’s Rs 800 crore recovery crackdown on EV OEMs is first subsequent FAME II resolution after clearance

MHI’s Rs 800 crore recovery crackdown on EV OEMs is first subsequent FAME II resolution after clearance The Ministry of Heavy Industry’s tightened screening of EV OEMs has a total impact of 800+ crores, with the EV industry obligated to pay 292.23 crore as a refund to the customer and 545 crores as the estimated… Continue reading MHI’s Rs 800 crore recovery crackdown on EV OEMs is first subsequent FAME II resolution after clearance

StoreDot to manufacture extreme fast-charging EV batteries in the US, Europe and Asia

StoreDot to manufacture extreme fast-charging EV batteries in the US, Europe and Asia StoreDot, which has developed an extreme fast charging (XFC) high energy battery solution for electric vehicles, has announced its global manufacturing strategy in three continents to best serve its global automotive customers. The company’s manufacturing strategy is focused on localising its supply chain… Continue reading StoreDot to manufacture extreme fast-charging EV batteries in the US, Europe and Asia

StoreDot to manufacture extreme fast-charging EV batteries in the US, Europe and Asia

StoreDot to manufacture extreme fast-charging EV batteries in the US, Europe and Asia StoreDot, which has developed an extreme fast charging (XFC) high energy battery solution for electric vehicles, has announced its global manufacturing strategy in three continents to best serve its global automotive customers. The company’s manufacturing strategy is focused on localising its supply chain… Continue reading StoreDot to manufacture extreme fast-charging EV batteries in the US, Europe and Asia

Volvo Group partners with Narayana Health, launches advanced medical services mobile clinic

Volvo Group partners with Narayana Health, launches advanced medical services mobile clinic The Volvo Group, in association with Narayana Health, has built an advanced mobile community clinic called ‘Wellness on Wheels’ to provide free community screening and medical services in rural parts of Karnataka as well as in other states of the country. ‘Wellness on… Continue reading Volvo Group partners with Narayana Health, launches advanced medical services mobile clinic

Mercedes-Benz Trucks begins eActros roadshow through five European countries

Mercedes-Benz Trucks started its eActros sales tour through five European countries on May 2. The route of the three electric trucks for distribution haulage will initially run from the Mercedes-Benz Worth plant via Austria to Italy. After a subsequent loop through Germany, the eActros will continue on to the Netherlands and Belgium. Several stopovers will… Continue reading Mercedes-Benz Trucks begins eActros roadshow through five European countries

Mercedes-Benz Trucks begins eActros roadshow through five European countries

Mercedes-Benz Trucks started its eActros sales tour through five European countries on May 2. The route of the three electric trucks for distribution haulage will initially run from the Mercedes-Benz Worth plant via Austria to Italy. After a subsequent loop through Germany, the eActros will continue on to the Netherlands and Belgium. Several stopovers will… Continue reading Mercedes-Benz Trucks begins eActros roadshow through five European countries

Magna wins new high-voltage eDrive business with European premium carmaker

Magna International has announced it has been awarded a high-volume contract with a Europe-based global premium OEM to supply its new eDrive system (eDS Mid). The eDrive is planned for 2027 model SUVs / sedans, with production expected to begin in 2026. “The electrified powertrain technologies of the future are being developed today. We are… Continue reading Magna wins new high-voltage eDrive business with European premium carmaker