Mahindra Electric’s new CTO Martin Murray bets on affordable EV solution in India

Mahindra Electric, the country’s leading electric vehicle manufacturer, is aggressively looking to make green mobility a reality in India. At present, the company sells electric three- and four-wheelers  and is working on a wide array of products to make India a leading EV hub. Last week, Mahindra Electric announced that Martin Murray who has worked… Continue reading Mahindra Electric’s new CTO Martin Murray bets on affordable EV solution in India

Audi tests exoskeletons for employees in production for overhead tasks

German luxury carmaker Audi wants to further improve its employees’ ergonomics in its production facilities. For this reason, the company is currently conducting a comparative study of two exoskeletons. These external support structures are designed to help employees when they are performing overhead tasks by protecting their joints and tiring their muscles less quickly. All… Continue reading Audi tests exoskeletons for employees in production for overhead tasks

Aston Martin confirms funding talks with potential strategic investors

Aston Martin has confirmed it is in talks with potential investors in a statement to the Stock Exchange. “The Company confirms that is reviewing its funding requirements and various funding options,” the statement read. “It is also engaged in early stage discussions with potential strategic investors in relation to building longer term relationships which may or… Continue reading Aston Martin confirms funding talks with potential strategic investors

Volkswagen, Orix sign MoU for retail leasing

Volkswagen India and Orix Auto Infra have signed a MoU to offer leasing solutions to Indian customers. Orix is ORIX a wholly owned subsidiary of Orix Corporation, Japan. The collaboration comprises of a retail leasing solution, which will be offered in six cities initially, Delhi, Mumbai, Pune, Chennai, Hyderabad & Bengaluru. Gradually, the program will… Continue reading Volkswagen, Orix sign MoU for retail leasing

BMW Group makes AI algorithms for smart production public

German luxury carmaker, BMW Group has deployed a extensive number of artificial intelligence (AI) applications in production, for instance, AI relieves workers of monotonous tasks such as checking whether the warning triangle is placed in the right spot in the trunk. This task is now performed by a camera and self-learning software that compares the… Continue reading BMW Group makes AI algorithms for smart production public

Nio nets key Mobileye autonomous tech deal, but still needs cash

Chinese EV start-up Nio has secured a key deal to build an advanced self-driving car using technology developed by Intel’s Mobileye division – but the firm is still searching for new funding to meet its ambitious growth plans. Nio, which currently offers a range of electric SUVs in China, has agreed to construct a new… Continue reading Nio nets key Mobileye autonomous tech deal, but still needs cash

Skoda Auto Volkswagen India’s new solar-power rooftop installation to slash C02 emissions at Pune plant

25,770 photovoltaic panels covering 63,000 square metres of roof space produce 12.2 million kWh of energy a year and help reduce CO2 emissions resulting from car production at the Chakan, Pune plant. Skoda Auto Volkswagen India has commissioned one of the largest solar-power rooftop systems in India at its plant in Chakan, Pune. Together with… Continue reading Skoda Auto Volkswagen India’s new solar-power rooftop installation to slash C02 emissions at Pune plant

Ceratizit Group breaks ground on plant expansion in Bangalore

The Ceratizit Group of Luxembourg, which is a leading global manufacturer of hard material products for wear protection and cutting tools, has had the ground-breaking ceremony of Ceratizit India’s expanded plant in Bangalore. The move is in line with the company’s plan to cater to the steadily increasing demand for cutting tools in Asian markets. The expansion ceremony, held in end-November,… Continue reading Ceratizit Group breaks ground on plant expansion in Bangalore