Autocar_Professional India Online News – Page 1535

Hyundai Mobis develops system to independently control all four wheels

Hyundai Mobis has announced that it has succeeded in developing the in-wheel system, which lets the motor control each wheel directly. The key technologies for in-wheel system, including drive motor and the controller, have been developed by Hyundai Mobis in-house. As per the company, the in-wheel system is yet to be mass-produced anywhere in the… Continue reading Hyundai Mobis develops system to independently control all four wheels

Valeo wins GM’s Supplier of the Year award in ADAS

Valeo, a France-based firm focused on technologies for driver assistance, has been awarded by General Motors as Supplier of the Year in the category of Advanced Driver Assistance Systems (ADAS). The company has extensive technological and industrial expertise in Advanced Driver Assistance Systems (ADAS), enabling it to produce very efficient solutions at optimal cost. The company has sold more… Continue reading Valeo wins GM’s Supplier of the Year award in ADAS

Valeo wins GM’s Supplier of the Year award in ADAS

LANXESS reports group sales of Euro 8.088 billion in 2022, 32.6% jump from previous year’s Euro 6.101 billion

LANXESS reports group sales of Euro 8.088 billion in 2022, 32.6% jump from previous year’s Euro 6.101 billion LANXESS, the German specialty chemicals company that offers products used in the automotive industry, reported group sales to the tune of Euro 8.088 billion in 2022, up 32.6 percent on the previous year’s figure of Euro 6.101 billion. EBITDA pre-exceptionals… Continue reading LANXESS reports group sales of Euro 8.088 billion in 2022, 32.6% jump from previous year’s Euro 6.101 billion

RevFin aims to finance 2 million electric vehicles in next 5 years

RevFin aims to finance 2 million electric vehicles in the next 5 years, having financed over 17,118 Electric vehicles in the last 51 months, which means that in the last 1530 days every single day, Revfin financed 11 electric vehicles. The Delhi-based digital consumer lending platform has teamed up with 26 OEMs (original equipment makers) including Kinetic… Continue reading RevFin aims to finance 2 million electric vehicles in next 5 years

Government support and favourable cost economics to drive electric three wheeler penetration to 14–16% by FY25: ICRA

Government support and favourable cost economics to drive electric three wheeler penetration to 14–16% by FY25: ICRA Electric three-wheelers, including e-rickshaws are expected to gain traction going forward due to favourable operating economics and the government’s focus on cleaner means of transportation, particularly for commercial applications, as per an ICRA report. According to the report,… Continue reading Government support and favourable cost economics to drive electric three wheeler penetration to 14–16% by FY25: ICRA

SUN Mobility to power 50K food delivery vehicles for Zomato

Sun Mobility has entered into an association with Zomato to power 50k electric 2-wheelers, across India over the next 24 months. State-of-the-art battery swap solutions will be used for last-mile deliveries. The Bengaluru-based provider of universal energy infrastructure and services for electric vehicles will deploy these electric two-wheelers pan India, to promote last-mile sustainability solutions. This association… Continue reading SUN Mobility to power 50K food delivery vehicles for Zomato

SUN Mobility to power 50K food delivery vehicles for Zomato

TVS Motor Company launches new Products in Ghana, Africa

TVS Motor Company, the Chennai-based maker of two and three-wheelers, has launched seven new products in Ghana, Africa. The company has introduced an array of offerings, including the Bebek – TVS Neo NX, three variants of the TVS HLX series (TVS HLX 125, TVS HLX 150 & TVS HLX 150X), the TVS Apache 180, and… Continue reading TVS Motor Company launches new Products in Ghana, Africa