Autocar_Professional India Online News – Page 1548

Battery Smart secures US$ 33 million in Pre-Series B funding

The company’s existing investors, Tiger Global and Blume Ventures, as well as new investors, The Ecosystem Integrity Fund (EIF) and British International Investmen took part in the Pre-Series B funding round (BII). Battery Smart, a network for swapping batteries, said on Thursday that it had raised US$ 33 million (around Rs 272 crore) in a… Continue reading Battery Smart secures US$ 33 million in Pre-Series B funding

Vitesco Technologies displays its 48-volt electric drive, which caters to 80% of EV content for e2w OEMs

The Regensburg-based German automotive supplier for drivetrain and powertrain technologies and Tier 1 component manufacturer, today unveiled its 48-volt electric drive, claiming to have met 80 percent of the content requirements for electrified vehicles in the country. The company unveiled its 48-volt powered electric scooter for fully electric three- and four-wheel vehicles at its Talegaon… Continue reading Vitesco Technologies displays its 48-volt electric drive, which caters to 80% of EV content for e2w OEMs

Vitesco Technologies displays its 48-volt electric drive, which caters to 80% of EV content for e2w OEMs

ZF inks long-term supply pact with Volta Trucks

ZF’s Commercial Vehicle Solutions (CVS) division and Volta Trucks, the all-electric commercial vehicle manufacturer and services provider, have announced a long-term agreement, for some of the core systems and components in the all-electric Volta Zero. “Agile, new truck manufacturers like Volta Trucks need strong partners in their supplier base helping them to reduce R&D costs… Continue reading ZF inks long-term supply pact with Volta Trucks

Valeo’s new wiper blade made from natural, renewable and recycled materials

Valeo has launched Canopy, the first wiper designed to reduce CO2 emissions by 61% compared to a Valeo wiper blade representative of the majority of wiper blades commercialised in the European market. The company says the performance has been verified by Bureau Veritas. Valeo Canopy’s rubber blade is made of more than 80% natural, renewable or… Continue reading Valeo’s new wiper blade made from natural, renewable and recycled materials

Triumph Motorcycles could potentially sell half a million to a million units in the years to come – says Rajiv Bajaj, MD of Bajaj Auto

Rajiv Bajaj, MD of Bajaj Auto says Triumph Motorcycles can potentially sell half a million-to-million units globally in the times to come and his company would “want to be part of the journey.” Speaking to the media post the launch of Speed 400 in Pune, executed after five years of exhaustive work, Bajaj said, “The… Continue reading Triumph Motorcycles could potentially sell half a million to a million units in the years to come – says Rajiv Bajaj, MD of Bajaj Auto

Continental opens hydrogen tech centre in Hamburg

Continental has opened a new TechCenter for hydrogen technologies at its site in Hamburg-Harburg, Germany. In the future, the ContiTech group sector will use the TechCenter as a collaborative platform for knowledge exchange in this area. Innovations and the transfer of existing technical solutions for new applications in the field of hydrogen technologies are to… Continue reading Continental opens hydrogen tech centre in Hamburg

Bajaj-Triumph eyes volumes of 40,000 to 50,000 units of mid-size bike sales globally in FY24

Bajaj-Triumph will be hoping to produce and sell about 40,000 to 50,000 units of its much-awaited mid-size motorcycle in FY24, globally. Launched at an aggressive price of Rs 2.23 lakh for the first 10,000 customers, the company had received over 2,500 bookings for the Speed 400x, within a couple of hours of the price announcement… Continue reading Bajaj-Triumph eyes volumes of 40,000 to 50,000 units of mid-size bike sales globally in FY24

Stellantis India opens digital hub in Hyderabad

The 75,000 square feet facility was inaugurated by KT Rama Rao, among other government officials and Stellantis management team, and will accommodate over 700 work stations. Stellantis India has opened a Digital Hub in Hyderabad, which will provide end to end capabilities in product development, IT services and software technologies. The 75,000 square feet… Continue reading Stellantis India opens digital hub in Hyderabad

Triumph launches Speed 400 at Rs 2.23 lakh for the first 10,000 customers

Aimed at younger buyers, Premium British Motorcycle maker Triumph has entered the fast-growing mid-size motorcycle market in India in partnership with Bajaj Auto. This comes close on the heels of the iconic US brand Harley Davidson’s launch of the 440 cc bike. Both these companies look to challenge the dominance of the Royal Enfield- the mid-size motorcycle specialist. … Continue reading Triumph launches Speed 400 at Rs 2.23 lakh for the first 10,000 customers