ZF reveals electric high-speed air compressor for fuel-cell-powered M&HCVs

As part of ZF’s latest drive towards the decarbonisation of the commercial vehicle industry, the Group’s Commercial Vehicle Solutions (CVS) division has announced the world premiere of a key next-generation eMobility product. A new compressor pushes air into the fuel cell which enable the chemical reaction for generating electricity. ZF has also announced this to… Continue reading ZF reveals electric high-speed air compressor for fuel-cell-powered M&HCVs

Godawari Electric Motors inaugurates a new showroom in Delhi

Godawari Electric Motors, manufacturer of the Eblu range of products, inaugurated its new showroom – Santosh Tyres & Wheels in Shahdara, New Delhi. This is the company’s second showroom in the Delhi-NCR region. The first showroom was inaugurated in Gurugram.  Santosh Tyres & Wheels is a new incumbent in India’s electric vehicle market. Hyder Khan,… Continue reading Godawari Electric Motors inaugurates a new showroom in Delhi

Hyundai sells 1.02 million units worldwide in Q1 2023, India contributes 14.45%

Hyundai Motor Company has had a strong first-quarter in calendar year 2023. The Korean carmaker has reported global sales of 1,021,712 units in the January-March period, a 13.2% increase from a year earlier (Q1 CY2022: 902,691 units). Sales in markets outside of Korea rose by 10.7% to 830,665 units, and sales in Korea increased 25.6%… Continue reading Hyundai sells 1.02 million units worldwide in Q1 2023, India contributes 14.45%

KSH Distriparks adds 40 trailers to its existing fleet to penetrate the lighter vehicle segment

KSH Distriparks adds 40 trailers to its existing fleet to penetrate the lighter vehicle segment KSH Distriparks, the Pune-based container logistics solutions provider, has announced the acquisition of 40 new trailers, to penetrate the lighter vehicle segment and focus on increasing its trailer transportation share in the Pune region. With the addition of new vehicles, the… Continue reading KSH Distriparks adds 40 trailers to its existing fleet to penetrate the lighter vehicle segment

ICRA pegs domestic tyre demand growth at 6-8% for FY24, supported by stable growth in replacement segment

ICRA pegs domestic tyre demand growth at 6-8% for FY24, supported by stable growth in replacement segment Credit rating agency ICRA pegs domestic tyre demand growth at 6-8% for FY24, supported by stable growth in the replacement segment and sustained demand momentum in the OEM segment. It also expects the demand momentum in the OEM… Continue reading ICRA pegs domestic tyre demand growth at 6-8% for FY24, supported by stable growth in replacement segment

Autoliv to set up airbag cushion plant in Vietnam

Autoliv, the worldwide leader in automotive safety systems, has announced its plan to build a new state-of-the-art airbag cushion and fabric plant in Vietnam, serving Asia. The investment in the new textile facility is in response to customer demands and is intended to meet expanded future airbag production needs for the growing Asia market. The… Continue reading Autoliv to set up airbag cushion plant in Vietnam

Lexus uses intelligent navigation tech to improve fuel and emissions efficiency

Luxury carmaker Lexus has announced development and introduction of ‘Predictive Efficient Drive’, a new technology that helps improve the performance of its hybrid electric and plug-in hybrid electric systems, reducing fuel consumption and exhaust emissions.  The system analyses driving habits and real-time traffic information to maximise energy recovery and electrified driving. With the help of… Continue reading Lexus uses intelligent navigation tech to improve fuel and emissions efficiency

Lexus uses intelligent navigation tech to improve fuel and emissions efficiency

Luxury carmaker Lexus has announced development and introduction of ‘Predictive Efficient Drive’, a new technology that helps improve the performance of its hybrid electric and plug-in hybrid electric systems, reducing fuel consumption and exhaust emissions.  The system analyses driving habits and real-time traffic information to maximise energy recovery and electrified driving. With the help of… Continue reading Lexus uses intelligent navigation tech to improve fuel and emissions efficiency

KPIT Technologies expects to grow by 27–30% in FY24 on back of robust business visibility for next 3-5 years

KPIT Technologies expects to grow by 27–30% in FY24 on back of robust business visibility for next 3-5 years KPIT Technologies, a software-driven solutions provider for car and truck manufacturers, reported revenue of US$418 million (Rs 3447.246 crore) during FY23, a 27.4% increase from the previous year. The company expects revenue growth to be between… Continue reading KPIT Technologies expects to grow by 27–30% in FY24 on back of robust business visibility for next 3-5 years

Hyundai Motor Group and SK On to set up EV battery cell plant in the US

Hyundai Motor Group has announced its plan to set up an electric vehicle (EV) battery cell production joint venture in the US with partner SK On. In November 2022, the Group signed a memorandum of understanding (MOU) with SK On to secure EV battery supply for North America. The total investment amount for the joint… Continue reading Hyundai Motor Group and SK On to set up EV battery cell plant in the US