The Karnataka government and US-based International Battery Company (IBC) on Tuesday signed an MoU (Memorandum of Understanding), to set up a recyclable Lithium-ion battery manufacturing unit with an outlay of Rs 8,000 crore (US $ 1 billion) in the state, PTI reported. IBC India, President Venkatesh Valluri and Principal Secretary for Department of Commerce and… Continue reading Karnataka Government and IBC ink pact to set up recyclable lithium-ion battery plant: PTI
Author: Autocar_Professional India Online News
Lord’s Mark Industries and KAL (Govt of Kerala undertaking) sign JV agreement for Electric Vehicles
Lord’s Mark Industries, a diversified group, has announced a joint venture with Kerala state-owned Kerala Automobiles Ltd (KAL) to spearhead the manufacturing of 2-wheelers – electric scooters and bikes, 3-wheelers – passenger and loader. The strategy behind the partnership focuses on the latest planning for two-wheeler and three-wheeler electric vehicles to be manufactured at the… Continue reading Lord’s Mark Industries and KAL (Govt of Kerala undertaking) sign JV agreement for Electric Vehicles
CEAT flags-off Historic 22,000km overland expedition from India to Siberia
CEAT, India’s leading tyre manufacturer, has announced the title sponsorship of the extreme overland pioneers, Wander Beyond Boundaries (WBB), as they embark on a historic 22,000km overland drive from Mumbai, India to Magadan, traversing 5 countries and 6 time zones. The flag-off ceremony was done by Arnab Banerjee, MD and CEO, CEAT, at RPG House,… Continue reading CEAT flags-off Historic 22,000km overland expedition from India to Siberia
CEAT flags-off Historic 22,000km overland expedition from India to Siberia
CEAT, India’s leading tyre manufacturer, has announced the title sponsorship of the extreme overland pioneers, Wander Beyond Boundaries (WBB), as they embark on a historic 22,000km overland drive from Mumbai, India to Magadan, traversing 5 countries and 6 time zones. The flag-off ceremony was done by Arnab Banerjee, MD and CEO, CEAT, at RPG House,… Continue reading CEAT flags-off Historic 22,000km overland expedition from India to Siberia
SANY India delivers 8 Units of SCC7500A, one of the biggest Crawler Cranes in India, to Sanghvi Movers
SANY India, a manufacturer of construction equipment has delivered 8 units of the SANY SCC7500A 750 Tonne crawler cranes, in the first quarter of financial year 2023-24, to Sanghvi Movers Limited, (SML). With the delivery of these 8 Units of Sany SCC7500A, 750 Tonne Crawler Cranes, SML now owns 10 Units of these cranes which is the largest… Continue reading SANY India delivers 8 Units of SCC7500A, one of the biggest Crawler Cranes in India, to Sanghvi Movers
Porter announces leadership restructuring
Porter, a tech-based, on-demand logistics company, has restructured its key leadership. Working towards the core purpose of ‘Moving a billion dreams, one delivery at a time’, Uttam Digga, Co-founder of Porter, assumes the role of Chief Executive Officer, while Pranav Goel, transitions to the role of Executive Vice Chairman. Shruti Ranjan Satpathy gets additional responsibility… Continue reading Porter announces leadership restructuring
Magenta Mobility appoints Vishal Sharma as National Head – Asset
With a track record spanning over 14 years, Vishal Sharma brings valuable expertise in Fleet Management, OEM Relationships, and Vehicle Asset Management, having led roles at brands such as Ola Electric, Ola Fleet Technologies, Hyundai, and Mahindra Navistar. Magenta Mobility, an integrated Electric Mobility solutions provider, has announced the appointment of Vishal Sharma as its… Continue reading Magenta Mobility appoints Vishal Sharma as National Head – Asset
SAIC Motor joins hands with Audi to develop electric vehicles
SAIC Motor, China’s largest carmaker, announced on July 27 that it signed an MoU (Memorandum of Understanding) with German carmaker Audi on jointly developing intelligent and electric vehicles. According to the MoU, both sides will leverage their respective advantages and strengths to speed up Audi’s development of new electric vehicles in order to meet the… Continue reading SAIC Motor joins hands with Audi to develop electric vehicles
SAIC Motor joins hands with Audi to develop electric vehicles
SAIC Motor, China’s largest carmaker, announced on July 27 that it signed an MoU (Memorandum of Understanding) with German carmaker Audi on jointly developing intelligent and electric vehicles. According to the MoU, both sides will leverage their respective advantages and strengths to speed up Audi’s development of new electric vehicles in order to meet the… Continue reading SAIC Motor joins hands with Audi to develop electric vehicles
Foxconn to invest US$600 mn in Karnataka for components, chipmaking machinery
Taiwanese firm Foxconn will invest US$ 600 million in two manufacturing projects in Karnataka, including one which will be a partnership with U.S.-based Applied Materials, a state government statement said, as reported by Reuters. The company will invest US$ 350 million for manufacturing components for smartphones, including for iPhones. It will also invest US$ 250… Continue reading Foxconn to invest US$600 mn in Karnataka for components, chipmaking machinery