Daimler Truck, Mitsubishi Fuso, Hino and Toyota to accelerate CASE tech development, MFTBC and Hino to merge

Daimler Truck Holding AG, Mitsubishi Fuso Truck and Bus Corporation (MFTBC), Hino Motors and Toyota Motor Corporation today concluded a Memorandum of Understanding (MoU) on accelerating the development of advanced technologies and merging MFTBC and Hino. As per the MoU, the four automakers will collaborate toward achieving carbon neutrality and creating a prosperous mobility society… Continue reading Daimler Truck, Mitsubishi Fuso, Hino and Toyota to accelerate CASE tech development, MFTBC and Hino to merge

Epsilon Advanced Materials to set up battery performance material testing facility in India

Mumbai-based battery materials manufacturer Epsilon Advanced Materials (EAMPL), has inked a Memorandum of Understanding (MoU) with KRI Inc, a prominent Japanese research company, to set up a cutting-edge Advanced Technology Centre with an investment of Rs 300 crore. The location of the facility has not been announced yet. It may be recollected that in November… Continue reading Epsilon Advanced Materials to set up battery performance material testing facility in India

Epsilon Advanced Materials to set up battery performance material testing facility in India

Mumbai-based battery materials manufacturer Epsilon Advanced Materials (EAMPL), has inked a Memorandum of Understanding (MoU) with KRI Inc, a prominent Japanese research company, to set up a cutting-edge Advanced Technology Centre with an investment of Rs 300 crore. The location of the facility has not been announced yet. It may be recollected that in November… Continue reading Epsilon Advanced Materials to set up battery performance material testing facility in India

MediaTek and Nvidia to develop AI cabin solutions for software-defined vehicles

Global fabless semiconductor company MediaTek has announced a partnership with accelerated computing major Nvidia  to deliver a complete range of in-vehicle AI cabin solutions for the next generation of software-defined vehicles (SDVs). The collaboration combines the strength of each company’s automotive portfolios to deliver the most compelling solutions for state-of-the-art connected cars. Through this collaboration, MediaTek will develop automotive SoCs integrating a new… Continue reading MediaTek and Nvidia to develop AI cabin solutions for software-defined vehicles

ASDC and NPOCA announce National Automobile Olympiad 2023

The Automotive Skills Development Council (ASDC) has announced the commencement of the second edition of the National Automobile Olympiad, in association with the National Program on Career Awareness (NPOCA). The Olympiad aims to create awareness about the automotive industry among students and to showcase their skills, creativity, and innovation in a competitive environment, which can… Continue reading ASDC and NPOCA announce National Automobile Olympiad 2023

Volvo Trucks launches new safety systems to keep cyclists and pedestrians safe

Aiming to increase the safety of cyclists and pedestrians, and also facilitate the drivers’ work, Volvo Trucks is now introducing a range of new safety systems for its vehicles. Among the features that have been developed to increase the safety of pedestrians and cyclists while at the same time facilitating the work of the driver,… Continue reading Volvo Trucks launches new safety systems to keep cyclists and pedestrians safe

Wardwizard sets up CoE for EV skill development of retired defence personnel

Electric two-wheeler manufacturer Wardwizard Innovations & Mobility, which retails the Joy e-bike brand in India, has signed a Memorandum of Understanding (MoU) with the Dogra Regiment and set up the Wardwizard’s EV Centre of Excellence (CoE) at Dogra Regimental Centre, Ayodhya Cantt in Faizabad, Uttar Pradesh. The strategic collaboration aims to provide specialised skill development… Continue reading Wardwizard sets up CoE for EV skill development of retired defence personnel

Wardwizard sets up CoE for EV skill development of retired defence personnel

Electric two-wheeler manufacturer Wardwizard Innovations & Mobility, which retails the Joy e-bike brand in India, has signed a Memorandum of Understanding (MoU) with the Dogra Regiment and set up the Wardwizard’s EV Centre of Excellence (CoE) at Dogra Regimental Centre, Ayodhya Cantt in Faizabad, Uttar Pradesh. The strategic collaboration aims to provide specialised skill development… Continue reading Wardwizard sets up CoE for EV skill development of retired defence personnel

Altigreen Propulsion Labs mulls securing Rs 700 crore in funding: Report

Altigreen Propulsion Labs is mulling securing around Rs 700 crore (US$ 85 million), as it looks to bolster production and fund new models, Bloomberg reported citing persons in the know.  The firm, which includes the likes of Mukesh Ambani as an investor, is looking at a US$ 350 million valuation in the fresh capital raise,… Continue reading Altigreen Propulsion Labs mulls securing Rs 700 crore in funding: Report

MHI allegedly proposes to deregister Greaves Electric Mobility from FAME India Scheme Phase II Scheme

Greaves Electric Mobility (GEMPL) informed the stock exchanges on May 26, that the Ministry of Heavy Industries vide its letter dated May 25, 2023, has alleged that the company purportedly failed to adhere to the Phased Manufacturing Programme Guidelines and allegedly has proposed to deregister it from FAME India Scheme Phase II (‘Scheme’). MHI has… Continue reading MHI allegedly proposes to deregister Greaves Electric Mobility from FAME India Scheme Phase II Scheme