Autocar_Professional India Online News – Page 1603

Magna wins new high-voltage eDrive business with European premium carmaker

Magna International has announced it has been awarded a high-volume contract with a Europe-based global premium OEM to supply its new eDrive system (eDS Mid). The eDrive is planned for 2027 model SUVs / sedans, with production expected to begin in 2026. “The electrified powertrain technologies of the future are being developed today. We are… Continue reading Magna wins new high-voltage eDrive business with European premium carmaker

Magna wins new high-voltage eDrive business with European premium carmaker

Kia bets big on software-defined vehicle tech with flagship EV9 SUV

Kia today introduced its Software Defined Vehicle (SDV) technology through its EV9 SUV’s on-demand features and over-the-air (OTA) software updates, allowing customers to remotely purchase and install new software functions based on their needs. Kia, which is affiliated with the Hyundai Motor Group, has recently launched its flagship electric SUV, the EV9. Notably, it is… Continue reading Kia bets big on software-defined vehicle tech with flagship EV9 SUV

Buoyed by a strong EV order book Sona Comstar posts a 35 percent jump in Q4 revenues

Buoyed by a strong EV order book Sona Comstar posts a 35 percent jump in Q4 revenues Powered by a strong order book of Rs 21,500 crore as of March 31, 2023, of which 77 percent is from its electric vehicle programmes, Sona Comstar ended its FY23 fourth quarter. with a 35% year-on-year increase in… Continue reading Buoyed by a strong EV order book Sona Comstar posts a 35 percent jump in Q4 revenues

SMEV welcomes MHI’s efforts to restore status quo

The Society Of Manufacturers Of Electric Vehicles SMEV has today welcomed the move by the Ministry to start settling pending issues of OEMs and bring the sector back to its feet. “The beginning of resolution of disputed issues for OEMs augurs well for the sector”, said Sohinder Gill, Director General SMEV. “It is time that the… Continue reading SMEV welcomes MHI’s efforts to restore status quo

Amara Raja eyeing government’s lithium initiatives as it rushes to finish first phase of lithium-ion battery gigafactory by Apr ’26

Amara Raja eyeing government’s lithium initiatives as it rushes to finish first phase of lithium-ion battery gigafactory by Apr ’26 Amara Raja Batteries, one of the country’s leading industrial and automotive battery companies, is willing to participate in government-sponsored initiatives aimed at sourcing lithium from within the country. The company which claims to be making rapid progress… Continue reading Amara Raja eyeing government’s lithium initiatives as it rushes to finish first phase of lithium-ion battery gigafactory by Apr ’26

VIDA announces new prices for VIDA V1 and VIDA V1 Pro, as it aims to expand to 100 cities in 2023

VIDA announces new prices for VIDA V1 and VIDA V1 Pro, as it aims to expand to 100 cities in 2023 VIDA, Powered by Hero, the emerging mobility brand of Hero MotoCorp, is set to expand its operations in the country, as it plans to increase its presence to 100 cities within this calendar year… Continue reading VIDA announces new prices for VIDA V1 and VIDA V1 Pro, as it aims to expand to 100 cities in 2023

Device-agnostic electric mobility software platform Kazam raises US$ 3.6 million in funding

Device-agnostic electric mobility software platform Kazam raises US$ 3.6 million in funding Kazam, a device-agnostic electric mobility software platform for Charge Point Operators, Fleet Operators, and Electricity Grids, has raised US$ 3.6 million in a round led by Avaana Climate Fund. Other investors include Third Derivative and existing investors Inflection Point Ventures and We Founder Circle.… Continue reading Device-agnostic electric mobility software platform Kazam raises US$ 3.6 million in funding

Apollo Tyres collaborates with SAP Cloud as it aims for US$5 billion in revenues by FY26

Apollo Tyres collaborates with SAP Cloud as it aims for US$5 billion in revenues by FY26 Apollo Tyres is collaborating with global software and cloud solutions company SAP to move its digital core onto the cloud, while it aims to achieve a revenue goal of U$ 5 billion by FY26. “Agility and business innovation are crucial to addressing… Continue reading Apollo Tyres collaborates with SAP Cloud as it aims for US$5 billion in revenues by FY26

Autocar Professional’s May 1, 2023, issue is out!

The highlight of the issue is about two Honda entities in India – Honda Cars and Honda Motorcycle and Scooters. We take a deep-dive to understand their businesses, strategies and what plans they have as they both have taken very different approaches. CompanywatchMahindra & Mahindra’s record SUV sales performances and Mercedes-Benz retail model of the… Continue reading Autocar Professional’s May 1, 2023, issue is out!