Suzuki Motor to launch six EVs in India by 2030, expects EVs and Hybrids to account for 40 percent of its total sales

Suzuki Motor to launch six EVs in India by 2030, expects EVs and Hybrids to account for 40 percent of its total sales Suzuki Motor Corporation, the small car specialist has committed to an investment of 4.5 trillion yen or Rs 2.82 lakh crore till the end of the decade with an aim of doubling… Continue reading Suzuki Motor to launch six EVs in India by 2030, expects EVs and Hybrids to account for 40 percent of its total sales

Continental bats for development and use of open-­source software

Technology company Continental has adopted a manifesto that emphasises its commitment to collaborative work with Free and Open-Source Software (FOSS). Open-source software are programs whose source code is open and accessible. Corresponding software can be used, analysed, modified and distributed by all users in compliance with the respective license provisions. The use of open-source software… Continue reading Continental bats for development and use of open-­source software

Schwing Stetter India celebrates 25th anniversary with new logo

Concreting and construction equipment manufacturer Schwing Stetter India today unveiled its silver jubilee logo and tagline to celebrate the milestone of turning 25 years in India in 2023.  The unveiling took place at its corporate headquarters and works at Sriperumbudur, Tamil Nadu, in the presence of the company’s employees and partners. V G Sakthikumar, Managing… Continue reading Schwing Stetter India celebrates 25th anniversary with new logo

Toyota appoints Lexus boss as its new CEO, Akio Toyoda becomes Toyota chairman

Above (L-R): Akio Toyoda, Koji Sato and Takeshi Uchiyamada. (Photo: Noriaki Mitsuhashi/N-RAK Photo Agency) Lexus and Gazoo Racing boss Koji Sato will take over as Toyota CEO from April, as Akio Toyoda becomes the company’s new chairman. Current chairman Takeshi Uchiyamada – chief engineer of the original Toyota Prius – will retain a seat on the board. Sato became president of Lexus… Continue reading Toyota appoints Lexus boss as its new CEO, Akio Toyoda becomes Toyota chairman

Toyota appoints Lexus boss as its new CEO, Akio Toyoda becomes Toyota chairman

Above (L-R): Akio Toyoda, Koji Sato and Takeshi Uchiyamada. (Photo: Noriaki Mitsuhashi/N-RAK Photo Agency) Lexus and Gazoo Racing boss Koji Sato will take over as Toyota CEO from April, as Akio Toyoda becomes the company’s new chairman. Current chairman Takeshi Uchiyamada – chief engineer of the original Toyota Prius – will retain a seat on the board. Sato became president of Lexus… Continue reading Toyota appoints Lexus boss as its new CEO, Akio Toyoda becomes Toyota chairman

Smart locks for two-wheelers to be key growth drivers for Tier 1 suppliers

On January 23, India’s largest-selling scooter – the Honda Activa – received a major technological upgrade in the form of a new smart-lock system that allows features like remote lock-unlock as well as accurately finding the location of one’s two-wheeler in a busy parking lot at the press of a button on the key fob.… Continue reading Smart locks for two-wheelers to be key growth drivers for Tier 1 suppliers

Honda and GS Yuasa to develop high-capacity, high-output lithium-ion battery

Honda Motor Co and GS Yuasa have announced that they have reached a basic agreement toward collaboration for a high-capacity, high-output lithium-ion battery. The two companies will discuss specifics with the goal of establishing a joint venture company by the end of 2023. In order to address the rapidly growing demand for batteries, the two companies plan… Continue reading Honda and GS Yuasa to develop high-capacity, high-output lithium-ion battery

Honda and GS Yuasa to develop high-capacity, high-output lithium-ion battery

Honda Motor Co and GS Yuasa have announced that they have reached a basic agreement toward collaboration for a high-capacity, high-output lithium-ion battery. The two companies will discuss specifics with the goal of establishing a joint venture company by the end of 2023. In order to address the rapidly growing demand for batteries, the two companies plan… Continue reading Honda and GS Yuasa to develop high-capacity, high-output lithium-ion battery

Porsche India sells record 779 cars and SUVs in 2022, notches 64% growth

Porsche India has announced that 2022 has been its best year in terms of sales in the country. The German manufacturer sold a total of 779 cars and SUVs last year and its EV – the Taycan – accounted for 10% of entire sales. Worldwide sales for Porsche in 2022 were sold 309,884 vehicles, an increase of 3%… Continue reading Porsche India sells record 779 cars and SUVs in 2022, notches 64% growth

Lamborghini India achieves best-ever annual sales in CY2022

In line with the global sales trend for luxury carmakers last year, Lamborghini too has announced record global sales for CY2022 – 9,233 cars – and an increase of 10% over CY2021 numbers. Of this, the India market contributed 92 units, which is Lamborghini India’s best-ever annual sales to date and a year-on-year growth of 33… Continue reading Lamborghini India achieves best-ever annual sales in CY2022