Tata AutoComp to invest Rs 500 crore in dual-clutch transmission plant in Chakan

The movers and shakers in any business are those who spot an emerging trend or a ‘white space’ in an existing market and make their move ahead of their rivals to gain the first-mover advantage. Driving in traffic-choked urban India is a tiring affair for most people, given the need to need to frequently change… Continue reading Tata AutoComp to invest Rs 500 crore in dual-clutch transmission plant in Chakan

Hexall Motors Mammoth range to net .5 million in revenues in next 24 months

Bootstrapped electric vehicle startup Hexall Motors is planning to disrupt the electric commercial vehicles market by introducing their range of innovative electric goods carriers in the L5 category, electric passenger carriers, and further scale-up to electric buses for corporates looking to provide clean mobility for their staff and meet their ESG goals. At the 2023… Continue reading Hexall Motors Mammoth range to net .5 million in revenues in next 24 months

Hexall Motors Mammoth range to net .5 million in revenues in next 24 months

Bootstrapped electric vehicle startup Hexall Motors is planning to disrupt the electric commercial vehicles market by introducing their range of innovative electric goods carriers in the L5 category, electric passenger carriers, and further scale-up to electric buses for corporates looking to provide clean mobility for their staff and meet their ESG goals. At the 2023… Continue reading Hexall Motors Mammoth range to net .5 million in revenues in next 24 months

Indian Oil’s aluminium-air battery manufacturing JV readies itself for manufacturing rollout

Indian Oil’s aluminium-air battery manufacturing JV readies itself for manufacturing rollout IOC Phinergy, a joint venture between Indian Oil Corporation (IndianOil) and Israel’s Phinergy, which specialises in hybrid lithium-ion and aluminium-air/zinc-air battery systems, is working to develop a blueprint for establishing facilities in India, even as real-world tests on vehicles provided by Mahindra & Mahindra… Continue reading Indian Oil’s aluminium-air battery manufacturing JV readies itself for manufacturing rollout

Varroc aims to regain peak turnover of Rs 12,000 crore by 2025; expects to be debt free in two years

Varroc aims to regain peak turnover of Rs 12,000 crore by 2025; expects to be debt free in two years Having exited its global lighting business, Aurangabad-headquartered auto component major, Varroc Engineering, is planning to regain its previous peak of Rs 12,000 crore in the next three years. It plans to do this by bringing… Continue reading Varroc aims to regain peak turnover of Rs 12,000 crore by 2025; expects to be debt free in two years

Tata Motors to launch 10 new products in 24-36 months

Tata Motors, India’s largest automobile company by revenues, is launching one new product every quarter in its car business for the next two to three years, as it seeks to sustain a strong market outperformance in the coming years. Having grown at double the market rate, Tata Motors is planning for 20% growth in volumes… Continue reading Tata Motors to launch 10 new products in 24-36 months

Brakes India unveils indigenous motor-on-drum brake system at Auto Expo 2023

The Rs 5,000 crore revenue TSF Group has used the platform of the Auto Expo 2023 – Components Show to showcase the latest development by its wholly-owned company, Chennai-based Brakes India. The indigenously developed motor-on-drum brake system is designed for use in passenger vehicles. Brakes India has showcased its locally-developed motor-on-drum brake system as the… Continue reading Brakes India unveils indigenous motor-on-drum brake system at Auto Expo 2023

Tata Motors expects every second car it sells to be an EV by 2030

Tata Motors, India’s largest automobile company by revenues, expects one in every two cars it sells to be electric by the end of the decade. The company, which is the market leader in the electric passenger vehicle segment in India, has already announced a portfolio of 10 products by 2026. This will help expand its… Continue reading Tata Motors expects every second car it sells to be an EV by 2030

Tata Motors expects every second car it sells to be an EV by 2030

Tata Motors, India’s largest automobile company by revenues, expects one in every two cars it sells to be electric by the end of the decade. The company, which is the market leader in the electric passenger vehicle segment in India, has already announced a portfolio of 10 products by 2026. This will help expand its… Continue reading Tata Motors expects every second car it sells to be an EV by 2030

Sibros and M&M collaborate on over-the-air update solutions for the latter’s Born Electric models

Sibros and M&M collaborate on over-the-air update solutions for the latter’s Born Electric models Sibros, a Silicon Valley-based software company, is collaborating with Mahindra & Mahindra to provide over-the-air update solutions that will be implemented on the OEM’s Born Electric portfolio of e-SUVs. Mahindra will use Sibros’ Deep Logger and Deep Updater products as the… Continue reading Sibros and M&M collaborate on over-the-air update solutions for the latter’s Born Electric models