Virtual Forest gets $4mn grant from Israel R&D hub to develop ASIL-certified EV motor controllers for e3w Electronics design expert Virtual Forest has been awarded a USD 4 million grant from GITA (Global Innovation and Technology Alliance) which is part of the India-Israel Industrial R&D and Technological Innovation Fund (I4F) to develop ASIL-certified EV motor… Continue reading Virtual Forest gets $4mn grant from Israel R&D hub to develop ASIL-certified EV motor controllers for e3w
Author: Autocar_Professional India Online News
Sona Comstar produces its 350 millionth gear, last 100 million in only 3 years
Sona BLW Precision Forgings (Sona Comstar) has achieved the production milestone of 350 million gears since its inception 24 years ago. The company began manufacturing precision forged differential gears at its plant in Gurgaon, Haryana, in 1999 and in Pune, Maharashtra, in 2005. Today, from its plants in India, Sona Comstar caters to seven of… Continue reading Sona Comstar produces its 350 millionth gear, last 100 million in only 3 years
Maruti Suzuki signs up with SMAS Auto Leasing as 5th partner for subscription-based services
Maruti Suzuki signs up with SMAS Auto Leasing as 5th partner for subscription-based services Maruti Suzuki has signed up with SMAS Auto Leasing as its 5th partner for subscription-based services after inking similar deals with players like Orix, ALD Automotive, Quiklyz by Mahindra Finance, and Myles. Shashank Srivastava, Senior Executive Officer, Marketing and Sales, Maruti… Continue reading Maruti Suzuki signs up with SMAS Auto Leasing as 5th partner for subscription-based services
Nissan India plans aftersales overhaul ahead of new SUV, EV launches
As is already known, the Renault Nissan Alliance is to launch six new made-in-India models starting from 2025, as part of a Rs 5,300 crore) investment. However, in the lead up to that, Nissan India will also be shoring up its dealer network and service centres to prepare for the new launches. Moreover, the Japanese brand acknowledged… Continue reading Nissan India plans aftersales overhaul ahead of new SUV, EV launches
BorgWarner appoints Brady Ericson as CEO, Chris Gropp as CFO of Phinia Inc
BorgWarner has announced that Brady Ericson will serve as President and Chief Executive Officer, and Chris Gropp will serve as Executive Vice-President and Chief Financial Officer of the separate, publicly traded company that will result from completion of the previously announced proposed spin-off of BorgWarner’s Fuel Systems and Aftermarket segments. BorgWarner also announced today that… Continue reading BorgWarner appoints Brady Ericson as CEO, Chris Gropp as CFO of Phinia Inc
BMW and Valeo to co-develop next-gen Level 4 automated parking tech
BMW Group and Valeo are taking their long-existing relationship to the next level with a new partnership. After the announcement of their collaboration for ADAS domain controller, sensors and software for parking and maneuvering for BMW’s upcoming platform generation ‘Neue Klasse’, they have announced their cooperation for the co-development of fully automated parking technologies up… Continue reading BMW and Valeo to co-develop next-gen Level 4 automated parking tech
ZF bullish on ESC market in India, explores technology localisation
German automotive Tier-1 major ZF, one of the largest global suppliers of active and passive safety systems for passenger cars, believes there is strong market potential for ESC (Electronic Stability Control) system supplies in India. The company is engaged in developmental work for future-oriented active safety technologies for vehicles at its Indian technical centre in… Continue reading ZF bullish on ESC market in India, explores technology localisation
Eicher’s Q3 revenue grows 29 percent with high demand for Royal Enfield bikes
Eicher Motors has announced its unaudited consolidated financial results for Q3 FY2023, and the company has registered a 29 percent year-on-year (YoY) uptick in its total operational revenues that stood at Rs 3,721 crore (Q3 FY2022: Rs 2,881 crore). Its profit after tax (PAT) for the quarter stood at Rs 741 crore, registering a growth… Continue reading Eicher’s Q3 revenue grows 29 percent with high demand for Royal Enfield bikes
Eicher’s Q3 revenue grows 29 percent with high demand for Royal Enfield bikes
Eicher Motors has announced its unaudited consolidated financial results for Q3 FY2023, and the company has registered a 29 percent year-on-year (YoY) uptick in its total operational revenues that stood at Rs 3,721 crore (Q3 FY2022: Rs 2,881 crore). Its profit after tax (PAT) for the quarter stood at Rs 741 crore, registering a growth… Continue reading Eicher’s Q3 revenue grows 29 percent with high demand for Royal Enfield bikes
Eicher’s Q3 revenue grows 29 percent with high demand for Royal Enfield bikes
Eicher Motors has announced its unaudited consolidated financial results for Q3 FY2023, and the company has registered a 29 percent year-on-year (YoY) uptick in its total operational revenues that stood at Rs 3,721 crore (Q3 FY2022: Rs 2,881 crore). Its profit after tax (PAT) for the quarter stood at Rs 741 crore, registering a growth… Continue reading Eicher’s Q3 revenue grows 29 percent with high demand for Royal Enfield bikes