Industrial and automotive parts maker Schaeffler India reported a 5.1 percent year-on-year (YoY) increase in net profit at Rs 237.3 crore for the second quarter that ended June 30, 2023. The company posted a net profit of Rs 226 crore in the same quarter a year ago.During the quarter under review, the total revenue stood… Continue reading Schaeffler India Q2 profit up 5% at Rs 237.3 crore
Author: Autocar_Professional India Online News
Schaeffler India Q2 profit up 5% at Rs 237.3 crore
Industrial and automotive parts maker Schaeffler India reported a 5.1 percent year-on-year (YoY) increase in net profit at Rs 237.3 crore for the second quarter that ended June 30, 2023. The company posted a net profit of Rs 226 crore in the same quarter a year ago.During the quarter under review, the total revenue stood… Continue reading Schaeffler India Q2 profit up 5% at Rs 237.3 crore
Dr Andy Palmer joins ICE-to-EV company Everrati Automotive
Everrati Automotive, the Oxfordshire engineering firm specialising in the redefining and futureproofing of automotive icons through the integration of cutting-edge electric vehicle (EV) powertrains, today announced the appointment of Dr Andy Palmer as Board Advisor. Over a career spanning four decades, Dr Andy Palmer is one of the automotive industry’s most influential executives, leading transformational… Continue reading Dr Andy Palmer joins ICE-to-EV company Everrati Automotive
Dr Andy Palmer joins ICE-to-EV company Everrati Automotive
Everrati Automotive, the Oxfordshire engineering firm specialising in the redefining and futureproofing of automotive icons through the integration of cutting-edge electric vehicle (EV) powertrains, today announced the appointment of Dr Andy Palmer as Board Advisor. Over a career spanning four decades, Dr Andy Palmer is one of the automotive industry’s most influential executives, leading transformational… Continue reading Dr Andy Palmer joins ICE-to-EV company Everrati Automotive
TVS Motor lines up a slew of EV product launches starting Q2
TVS Motor is looking to strengthen its electric vehicle portfolio as it gears up to launch multiple products starting this quarter, said a senior company executive. He also highlighted that the company will be launching EVs in different customer segments with a complete portfolio. “We will continue to invest in new products, with many new… Continue reading TVS Motor lines up a slew of EV product launches starting Q2
Hyundai and Seoul National University open battery research centre, plan 22 joint projects
Hyundai Motor Group has announced the inauguration of its Joint Battery Research Center with Seoul National University (SNU). This collaborative effort between the Group and SNU aims to advance battery technologies and foster industry-academia cooperation to establish global leadership in the battery field. Speaking in a congratulatory speech at the event, Hong Lim Ryu, President… Continue reading Hyundai and Seoul National University open battery research centre, plan 22 joint projects
Hyundai and Seoul National University open battery research centre, plan 22 joint projects
Hyundai Motor Group has announced the inauguration of its Joint Battery Research Center with Seoul National University (SNU). This collaborative effort between the Group and SNU aims to advance battery technologies and foster industry-academia cooperation to establish global leadership in the battery field. Speaking in a congratulatory speech at the event, Hong Lim Ryu, President… Continue reading Hyundai and Seoul National University open battery research centre, plan 22 joint projects
Stellantis posts strong growth, sets new records in revenues and profit in H1 2023
Stellantis continues to deliver value across multiple dimensions, posting strong growth and setting new records in net revenues, AOI and net profit, while driving a transformative, cost-effective product pivot to electrified and software-defined vehicles across its 14 brands. As per the company, it registered net revenues of 98.4 billion euros, up 12% compared to H1… Continue reading Stellantis posts strong growth, sets new records in revenues and profit in H1 2023
Seven global carmakers join forces for high-powered EV charging network across N America
Seven of the world’s leading automakers – BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, Stellantis NV – are creating a joint venture to accelerate the transition to electric vehicles in North America, by making EV charging more convenient, accessible and reliable. The joint venture will include the development of a new, high-powered charging… Continue reading Seven global carmakers join forces for high-powered EV charging network across N America
Seven global carmakers join forces for high-powered EV charging network across N America
Seven of the world’s leading automakers – BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, Stellantis NV – are creating a joint venture to accelerate the transition to electric vehicles in North America, by making EV charging more convenient, accessible and reliable. The joint venture will include the development of a new, high-powered charging… Continue reading Seven global carmakers join forces for high-powered EV charging network across N America