Autocar_Professional India Online News – Page 1642

Kia breaks ground on electric purpose-built vehicles factory

Kia held a ground-breaking ceremony today for its dedicated plant for the production of battery-electric purpose-built vehicles (PBV). Kia President and CEO Ho Sung Song, on behalf of Hyundai Motor Group, said: “Hyundai Motor, Kia, and Hyundai Mobis together plan to invest KRW 24 trillion in the domestic EV industry by 2030, with the goal… Continue reading Kia breaks ground on electric purpose-built vehicles factory

Kia breaks ground on electric purpose-built vehicles factory

NGK Spark Plugs India to be renamed Niterra India

NGK Spark Plugs India, a Japanese manufacturer, and seller of spark plugs, sensors, and other automotive components has announced that it will be renaming the company as Niterra India , effective from April 2023. Niterra has been derived from the Latin words ‘niteo’ meaning ‘shine’ and ‘terra’ meaning ‘earth’, which symbolises the company’s commitment towards… Continue reading NGK Spark Plugs India to be renamed Niterra India

Nysha Mobility Tech raises US$3.5 million in seed funding

Nysha Mobility Tech (NMT), a Bengaluru-based electric vehicle (EV) startup that aims to transform the EV manufacturing ecosystem, has raised US$3.5 million in its seed funding round. A combination of equity and debt, the seed round saw participation from Touchstone Ventures, Panthera Peak Capital, and select family offices and angel investors. The company aims to… Continue reading Nysha Mobility Tech raises US$3.5 million in seed funding

Apollo Tyres develops car and SUV tyres with 75% sustainable materials

Apollo Tyres is pushing the sustainable mobility solutions envelope. After producing a concept agricultural tyre using 75% sustainable materials, the company has now announced a similar achievement with passenger vehicle tyres. This is aligned with Apollo Tyres’ sustainability roadmap of increasing the usage of sustainable raw material to 40% by 2030. The new passenger vehicle… Continue reading Apollo Tyres develops car and SUV tyres with 75% sustainable materials

Keeway K300-N, K300-R prices slashed by up to Rs 54,000

Keeway has revised the prices of its K300 N street naked and the K300 R fully-faired sportbike, with all three colour options now costing the same. Keeway K300 N, K300 R price cut detailsThe K300 N is now priced at Rs 2.55 lakh, which, compared to its earlier price range of Rs 2.65 lakh-2.85 lakh,… Continue reading Keeway K300-N, K300-R prices slashed by up to Rs 54,000

Machine tool maker ENRX sees EV boom as chance to expand business

The global automotive industry is undergoing a significant transformation from internal combustion engine (ICE) vehicles to all-electric vehicles (EVs). The machine tool industry has an immense chance for growth thanks to the shift to EVs and the demand for more localised manufacturing, Vishal Lodha, Managing Director (India) of ENRX Group, told Autocar Professional. Bengaluru-based ENRX,… Continue reading Machine tool maker ENRX sees EV boom as chance to expand business

Force Motors launches 10-seater Citiline MUV at Rs 15.93 lakh

Force Motors has launched the 10-seater Citiline MUV at Rs 15.93 lakh (ex-showroom). The MUV is based on the Trax Cruiser, which is sold as a commercial vehicle. The Citiline does not qualify in Maharashtra as a private vehicle as the state rules allow for only upto 8-seaters to be registered as a private vehicle.… Continue reading Force Motors launches 10-seater Citiline MUV at Rs 15.93 lakh

HARMAN opens new centre in Chennai, Tamil Nadu; plans to hire 200 engineers by 2023 end

HARMAN opens new centre in Chennai, Tamil Nadu; plans to hire 200 engineers by 2023 end HARMAN, an automotive electronics technology company and subsidiary of Samsung Electronics Co., has announced the opening of a new Automotive Engineering Centre in Chennai, Tamil Nadu. The Chennai centre, which will be fully functional by Q2 CY23, will support HARMAN… Continue reading HARMAN opens new centre in Chennai, Tamil Nadu; plans to hire 200 engineers by 2023 end