With most developed countries adopting a ‘Beyond China’ strategy after experiencing the adversities of logistical challenges and market downturn triggered by the pandemic in 2020, India is fast emerging as a key alternative to become the next global manufacturing destination for the automotive industry. While the country offers a huge advantage in terms of relatively… Continue reading Global supply chain realignment to favour India as a manufacturing hub
Author: Autocar_Professional India Online News
Schaeffler India Q4 CY2022 revenues register 18 percent growth
Tier 1 components major Schaeffler India has registered an 18 percent year-on-year (YoY) growth in its Q4 CY2022 revenues which stood at Rs 1,795 crore for the October-December 2022 period. The company’s total revenue for the entire 12-month period of the last calendar stood at Rs 6,867 crore, up 23.5 percent (CY2021: Rs 5,560 crore).… Continue reading Schaeffler India Q4 CY2022 revenues register 18 percent growth
Sona Comstar chairman Sunjay Kapur invests in EV charging operator Sunfuel Electric
Sona Comstar chairman Sunjay Kapur invests in EV charging operator Sunfuel Electric Sona Comstar chairman Sunjay Kapur has invested as an angel investor an undisclosed amount through his family office to acquire a stake in Delhi-based EV charging operations start-up – Sunfuel Electric – which was founded in 2020 to set up EV charging infrastructure… Continue reading Sona Comstar chairman Sunjay Kapur invests in EV charging operator Sunfuel Electric
Sona Comstar chairman Sunjay Kapur invests in EV charging operator Sunfuel Electric
Sona Comstar chairman Sunjay Kapur invests in EV charging operator Sunfuel Electric Sona Comstar chairman Sunjay Kapur has invested as an angel investor an undisclosed amount through his family office to acquire a stake in Delhi-based EV charging operations start-up – Sunfuel Electric – which was founded in 2020 to set up EV charging infrastructure… Continue reading Sona Comstar chairman Sunjay Kapur invests in EV charging operator Sunfuel Electric
Valvoline introduces Champ 4T engine oil for up to 125cc two-wheelers
Valvoline Cummins India has introduced Champ 4T Fuel Efficient – a two-wheeler engine oil which is claimed to be engineered to enhance the vehicle’s fuel efficiency by up to 8 percent. The 4-stroke two-wheeler engine oil meets requirements of all leading motorcycles up to 125cc engine displacement and the company claims it is suitable for all generations… Continue reading Valvoline introduces Champ 4T engine oil for up to 125cc two-wheelers
FreshBus gets 26 cr seed funding for proposed intra-city EV bus market foray
Bengaluru-based EV start-up FreshBus plans to introduce 24 electric buses in the Bengaluru-Hyderabad Intercity network basis the 26 crores seed funding it has secured from ixigo (Le Travenues Technology Limited) for the launch of premium inter-city electric buses it plans to introduce from April 2023 with a range of 375 Km on a single charge.… Continue reading FreshBus gets 26 cr seed funding for proposed intra-city EV bus market foray
Ricardo named official Ducati supplier for 2023
Ricardo, a global strategic, environmental, and engineering consulting company, has been confirmed in 2023 as a partner of Ducati Motor Holding, in the role of official supplier, consolidating a collaboration between the two companies. The two businesses have a long-standing relationship, having worked together on several key projects for a range of different two-wheeled vehicle… Continue reading Ricardo named official Ducati supplier for 2023
Visteon sales up 35% in 2022, $6 billion in new business and 45 new products launched
Visteon sales up 35% in 2022, $6 billion in new business and 45 new products launched Visteon Corporation today reported its fourth quarter and full-year 2022 financial results that exceed its previous outlook. For the year ending December 31, 2022, the technology company reported net sales of $3,756 million, representing year-on-year growth of 35 percent.… Continue reading Visteon sales up 35% in 2022, $6 billion in new business and 45 new products launched
Ather Energy plans to have a network of 3500 fast chargers by 2023
To ensure minimal range anxiety for its buyers, Ather Energy, the country’s premium electric scooter maker has finished installing over 1000 fast charging stations across 80 cities, which it plans to grow over 3.5 times to 2500 stations by the end of 2023. The company claims, it has become India’s largest fast-charging network for two-wheelers… Continue reading Ather Energy plans to have a network of 3500 fast chargers by 2023
Ather Energy plans to have a network of 3500 fast chargers by 2023
To ensure minimal range anxiety for its buyers, Ather Energy, the country’s premium electric scooter maker has finished installing over 1000 fast charging stations across 80 cities, which it plans to grow over 3.5 times to 2500 stations by the end of 2023. The company claims, it has become India’s largest fast-charging network for two-wheelers… Continue reading Ather Energy plans to have a network of 3500 fast chargers by 2023