Saint-Gobain has signed a Power Purchase Agreement (PPA) in India with Vibrant Energy – a portfolio company of Macquarie Asset Management’s Green Investment Group (MAM-GIG) – to provide wind-solar electricity to 6 local Saint-Gobain sites. The 20-year PPA will begin delivery in 2024 and bring the renewable electricity share in India to 65% in 2025. Under… Continue reading Saint-Gobain signs Power Purchase Agreement (PPA) in India with Vibrant Energy
Author: Autocar_Professional India Online News
JK Tyre expects “strong double digit” growth in FY24 amid robust domestic demand and improving exports
JK Tyre, which witnessed a 22% jump in consolidated revenues at Rs14,681 crore during FY2023 on back of robust domestic demand in key segments- commercial and passenger vehicle tyres- expect to hit “strong double digit” growth in FY24. Speaking at a post result conference call Anshuman Singhania, Managing Director, JK Tyre said, “We hope to see… Continue reading JK Tyre expects “strong double digit” growth in FY24 amid robust domestic demand and improving exports
‘We need multiple solutions to fix the road safety epidemic’: Thomas Broberg, Senior Technical Advisor, Safety, Volvo Cars
There is a need for several solutions to address the issues of road safety in India. Stressing the importance of collaboration between industry, academia, and government agencies, Thomas Broberg, Senior Technical Advisor, Safety, Volvo Cars Safety Centre mentioned how initiatives around joint awareness and dialogue, are integral as preventive measures for accidents. As part of the… Continue reading ‘We need multiple solutions to fix the road safety epidemic’: Thomas Broberg, Senior Technical Advisor, Safety, Volvo Cars
Tesla reinitiates talks for new factory proposal in India- Report
Reuters has learnt from a person in the know that in today’s discussions with Indian government officials, US Automaker Tesla has suggested establishing a factory in the country, to make electric cars for export as well as domestic sale. The proposition comes after the country refused to accept the automaker’s request to reduce import tax… Continue reading Tesla reinitiates talks for new factory proposal in India- Report
Pricol files for objection in CCI against Minda Corp
Coimbatore-based auto component maker Pricol said it has filed an objection with the competition regulator Competition Commission of India (CCI) against Minda Corporation Ltd over the acquisition of a 24.5 percent stake in the company. “We would like to inform that the Company has filed a preliminary objection against the Minda Corporation Limited’s (Minda) application… Continue reading Pricol files for objection in CCI against Minda Corp
Jaguar Land Rover reduces breakeven point to three lakh units, company on course for four lakh units’ volumes in FY24
In a bid to protect itself from the volume’s volatility in the future, Tata Motors-owned Jaguar Land Rover (JLR) has brought down the breakeven point to three lakh units annually. The break-even point has almost halved from close to the six lakh units range it had at the end of FY19. With wholesale volumes of… Continue reading Jaguar Land Rover reduces breakeven point to three lakh units, company on course for four lakh units’ volumes in FY24
Jaguar Land Rover reduces breakeven point to three lakh units, company on course for four lakh units’ volumes in FY24
In a bid to protect itself from the volume’s volatility in the future, Tata Motors-owned Jaguar Land Rover (JLR) has brought down the breakeven point to three lakh units annually. The break-even point has almost halved from close to the six lakh units range it had at the end of FY19. With wholesale volumes of… Continue reading Jaguar Land Rover reduces breakeven point to three lakh units, company on course for four lakh units’ volumes in FY24
Continental India’s CEO stresses the importance of safety as a fundamental right in the automotive industry
Prashanth Doreswamy, Continental India’s President & CEO, believes that safety is a fundamental right and not just a mere feature in the automotive industry. “Safety is not just a good-to-have feature. It is a basic right. State-of-the-art design & implementation must be the target. Having local R&D helps us identify the ‘white spots’ – market-specific needs… Continue reading Continental India’s CEO stresses the importance of safety as a fundamental right in the automotive industry
Audi India introduces ‘Charge my Audi’, one-stop application for multiple charging stations
Audi, the German luxury car manufacturer, today announced the introduction of ‘Charge my Audi’ on the myAudiConnect app – a one-stop solution that gives Audi e-tron customers access to multiple electric vehicle charging partners, all on one app. Charge my Audi eliminates the hassle of downloading multiple applications. Audi e-tron customers can initiate the charging… Continue reading Audi India introduces ‘Charge my Audi’, one-stop application for multiple charging stations
Continental’s new brake system for ESC debuts with Changan, production planned in India
Technology company Continental has supplied Chinese car manufacturer Changan with its new generation of electronic brake systems for Electronic Stability Control (ESC), the MK 120 ESC. This marks the first time that the MK 120 ESC enters series production worldwide. Changan has equipped its latest Oshan X5 Plus and Uni-T models available in the Chinese… Continue reading Continental’s new brake system for ESC debuts with Changan, production planned in India