In a bid to accelerate its push in the electric vehicle space, Pankaj Munjal backed Hero Motors, the auto-components arm of Hero Motors Company (HMC) Group has raised equity from private equity firm GEF Capital Partners and its Limited Partners for a minority stake for an undisclosed sum. With a total investment of Rs 1,500… Continue reading Pankaj Munjal backed Hero Motors raises equity from PE firm GEF Capital Partners
Author: Autocar_Professional India Online News
Pankaj Munjal backed Hero Motors raises equity from PE firm GEF Capital Partners
In a bid to accelerate its push in the electric vehicle space, Pankaj Munjal backed Hero Motors, the auto-components arm of Hero Motors Company (HMC) Group has raised equity from private equity firm GEF Capital Partners and its Limited Partners for a minority stake for an undisclosed sum. With a total investment of Rs 1,500… Continue reading Pankaj Munjal backed Hero Motors raises equity from PE firm GEF Capital Partners
Visteon showcases cutting-edge digital cockpit solutions at CES
Technology company Visteon is showcasing a range of digital cockpit technologies at CES 2023 designed to enable automakers to create safer, connected and more convenient driving experiences. As automobiles continue their evolution towards electrified, connected, software-defined vehicles, Visteon is aligning its technologies to those trends particularly with digital cockpit technologies. As part of this alignment,… Continue reading Visteon showcases cutting-edge digital cockpit solutions at CES
Switch Mobility to showcase e-LCVs and a new range of electric buses at AutoExpo 2023
Switch Mobility to showcase e-LCVs and a new range of electric buses at AutoExpo 2023 Ashok Leyland-backed Switch Mobility has announced that they will be showcasing a range of eLCVs christened as the IeV series at the AutoExpo 2023. The range will be targeted at last mile and mid-mile mobility applications. A new range of… Continue reading Switch Mobility to showcase e-LCVs and a new range of electric buses at AutoExpo 2023
Qualcomm reveals next-gen in-car tech with radical concept at CES
American electronics giant Qualcomm has built a concept to show car makers the potential of its next-generation technology, including a digital ecosystem, state-of-the-art voice control and high-end artificial intelligence (AI). Revealed at CES in Las Vegas, the unnamed concept has been designed to present the firm’s new Snapdragon Digital Chassis technology, which powers a “highly personalised and intuitive” in-car… Continue reading Qualcomm reveals next-gen in-car tech with radical concept at CES
ZF surpasses production of 50 million automotive cameras
ZF, the world’s leading supplier of automotive cameras, has announced that it has produced its 50 millionth automotive camera and has surpassed the 10 million-mark annually for automotive smart camera production, an industry first. ZF manufactures cameras around the globe at its plants in Marshall, Illinois in the United States, Anting, China, Peterlee in the… Continue reading ZF surpasses production of 50 million automotive cameras
Continental reveals curved display with invisible control panel at CES 2023
Technology company Continental is showcasing its Curved Ultrawide Display at CES 2023 in Las Vegas. ‘Ultrawide’ refers to a width of 1.29 metres, curving from one A-pillar to the other. The 47.5-inch TFT display is illuminated by more than 3,000 LEDs on a 7,680 by 660 pixel active area. The matrix backlight produces excellent high-contrast… Continue reading Continental reveals curved display with invisible control panel at CES 2023
The Indian government gives nod for $2.11 billion incentives under the Green Hydrogen Mission
The Indian government gives nod for $2.11 billion incentives under the Green Hydrogen Mission The Government of India (GoI) has given the green signal to a $2.11 billion incentive plan to promote green hydrogen. The plan, which was approved on January 4, 2023, is intended to help the industry attract an investment of up to… Continue reading The Indian government gives nod for $2.11 billion incentives under the Green Hydrogen Mission
The Indian government gives nod for $2.11 billion incentives under the Green Hydrogen Mission
The Indian government gives nod for $2.11 billion incentives under the Green Hydrogen Mission The Government of India (GoI) has given the green signal to a $2.11 billion incentive plan to promote green hydrogen. The plan, which was approved on January 4, 2023, is intended to help the industry attract an investment of up to… Continue reading The Indian government gives nod for $2.11 billion incentives under the Green Hydrogen Mission
CESL floats second tender under the National Electric Bus Program, this time for 4,675 eBuses for Rs 5000 crore
CESL floats second tender under the National Electric Bus Program, this time for 4,675 eBuses for Rs 5000 crore Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), an arm of the Power Ministry – Government of India on Thursday announced the second tender of electric buses under the National Electric Bus… Continue reading CESL floats second tender under the National Electric Bus Program, this time for 4,675 eBuses for Rs 5000 crore