VinFast Auto, the Vietnam-based EV producer’s market capitalisation has crossed that of General Motors and Ford Motor, as the company debuted on Nasdaq Global Select Market via s SPAC deal, according to Bloomberg. The company is worth about US$65 billion as shares held onto gains Tuesday, rising to $28.11 in New York — up nearly… Continue reading VinFast valuation crosses that of General Motors, Ford Motor: Report
Author: Autocar_Professional India Online News
New Kia Seltos secures over 31,716 bookings in just one month
After recording the segment’s highest first-day bookings, Kia India’s New Seltos has clocked 31,716 bookings in just one month. Pre-bookings for the SUV began on 14 July 2023 at a price ranging between Rs 10.89 lakh and Rs 19.99 lakh (ex-showroom). Seltos is the core brand that established Kia in India and the earlier version… Continue reading New Kia Seltos secures over 31,716 bookings in just one month
Uno Minda commissions two new plants for manufacturing of EV components and systems
Uno Minda, a global manufacturer and supplier of proprietary automotive solutions and systems, has recently commissioned a new EV systems plant in Farukhnagar, Haryana under a joint venture with FRIWO AG Germany. This new plant will manufacture On-Board Charger, Off-board charger, Motor Control Units, DCDC converters, Battery Management Systems, and many more products catering to EV 2-wheelers… Continue reading Uno Minda commissions two new plants for manufacturing of EV components and systems
Uno Minda commissions two new plants for manufacturing of EV components and systems
Uno Minda, a global manufacturer and supplier of proprietary automotive solutions and systems, has recently commissioned a new EV systems plant in Farukhnagar, Haryana under a joint venture with FRIWO AG Germany. This new plant will manufacture On-Board Charger, Off-board charger, Motor Control Units, DCDC converters, Battery Management Systems, and many more products catering to EV 2-wheelers… Continue reading Uno Minda commissions two new plants for manufacturing of EV components and systems
Boris Mergell to head User Experience Business at Continental
From September 1, 2023, Boris Mergell will take over as head of the User Experience (UX) business area at Continental Automotive. He will drive the development of forward-looking display solutions, head-up displays and UX assets in the form of software functions for innovative experiences of the mobility of the future. In this role, Boris Mergell… Continue reading Boris Mergell to head User Experience Business at Continental
Boris Mergell to head User Experience Business at Continental
From September 1, 2023, Boris Mergell will take over as head of the User Experience (UX) business area at Continental Automotive. He will drive the development of forward-looking display solutions, head-up displays and UX assets in the form of software functions for innovative experiences of the mobility of the future. In this role, Boris Mergell… Continue reading Boris Mergell to head User Experience Business at Continental
TVS Motor-BMW Motorrad exploring expanding manufacturing network for EVs
Celebrating 10 years of its association with BMW Motorrad, TVS Motor Company is in discussion with the German auto major to expand the manufacturing network beyond India to cater to the future growth of the alliance, which includes the recently unveiled BMW CE 02 electric bike, said a senior company official. KN Radhakrishnan, Director and… Continue reading TVS Motor-BMW Motorrad exploring expanding manufacturing network for EVs
TVS and BMW Motorrad partnership turns 10, sells over 140,000 sub-500cc bikes
Scripting an exemplary partnership in the two-wheeler industry, India’s TVS Motor Company and Germany’s BMW Motorrad are celebrating 10 years of their strategic partnership. Spanning over product development, design, technology, knowledge sharing, and developing common platforms for both their global customers, the strategic partnership between the two companies has achieved a series of milestones globally.… Continue reading TVS and BMW Motorrad partnership turns 10, sells over 140,000 sub-500cc bikes
Hyundai Motor India signs ‘Asset Purchase Agreement’ for acquisition of identified assets at GM India Talegaon Plant
Having exited the Indian car market almost 6 years ago, General Motors has finally exited the world’s third largest car market by signing the commercial agreement with South Korean car maker to sell its Talegaon plant assets. The commercial agreement was signed on Wednesday morning in National Capital Region. Autocar Professional had exclusively reported a… Continue reading Hyundai Motor India signs ‘Asset Purchase Agreement’ for acquisition of identified assets at GM India Talegaon Plant
Volvo Trucks begins selling electric trucks in Malaysia
Volvo Trucks is continuing its entry into new markets with its battery electric truck offering. Malaysia is the latest example, where the logistics company Swift Haulage Berhad has purchased two Volvo FM Electric trucks. Malaysia has a national plan to reach net zero greenhouse gas emissions by 2050, and electrifying road transports is one important… Continue reading Volvo Trucks begins selling electric trucks in Malaysia