Carlos Ghosn continues as Renault boss until 2022

Renault Group boss Carlos Ghosn has been tasked with making the Renault-Nissan-Mitsubishi Alliance “irreversible” by ensuring better integration, as the company’s board of directors decided to renew his position for another four years.  Implementing Renault’s ‘Drive the future’ mid-term plan will be Ghosn’s main focus, with that plan ending in the same year as Ghosn’s extended tenure comes… Continue reading Carlos Ghosn continues as Renault boss until 2022

Denso strengthens connectivity business, takes stake in Creationline

Denso Corporation has taken an equity stake in Japanese company Creationline, which excels at deploying and integrating cloud and other technologies that enable next-generation software development, including open source software. The auto industry is undergoing a once-in-a-century paradigm shift. Competition continues to intensify as new players from other industries enter the market and as speed… Continue reading Denso strengthens connectivity business, takes stake in Creationline

Cummins acquires Johnson Matthey’s automotive battery systems business

Cummins Inc has announced the acquisition of Johnson Matthey’s UK automotive battery systems business, a subsidiary of Johnson Matthey that specialises in high-voltage automotive grade battery systems for electric and hybrid vehicles. As part of the acquisition, Cummins and Johnson Matthey also agreed to collaborate on the development of high energy battery materials for commercial… Continue reading Cummins acquires Johnson Matthey’s automotive battery systems business

Mahindra & Mahindra to take 16 percent stake in Zoomcar

In November 2017, Mahindra Electric and Zoomcar launched 20 Mahindra e20 PLus EVs for hire by residents and visitors in Mysore.  Mahindra & Mahindra (M&M) has announced that it is to invest in Zoomcar India and in Zoomcar Inc, its US incorporated holding parent company, in line with the automaker’s thrust on the shared mobility… Continue reading Mahindra & Mahindra to take 16 percent stake in Zoomcar

New Pininfarina SUV and saloon designs to become first Vietnamese cars

Two striking Pininfarina car designs are set to make production in Vietnam after a unique voting process that featured almost 62,000 people. The designs, an SUV and saloon, share similar looks and were chosen over 20 other examples from rival design houses. They’re due to become primary models from a new Vietnamese car brand called Vinfast. Italian design… Continue reading New Pininfarina SUV and saloon designs to become first Vietnamese cars

Mahindra Electric unveils MESMA platform

Industry by Mayank Dhingra & Nikhil Bhatia Feb 13, 2018 Designed completely from the ground up, the Mahindra Electric Scalable Modular Architecture (MESMA) platform was one of the key highlights from the stables of Mahindra & Mahindra at 2018 Auto Expo. The company, which could be attributed to have pioneered the e-mobility drive in the… Continue reading Mahindra Electric unveils MESMA platform

Bosch to enhance localisation of electrified portfolio in India

Soumitra Bhattacharya, MD, Bosch Limited and president, Bosch India Group: “Bosch strongly believes that its current and future portfolio of electromobility solutions will be one of the key contributing factors that lead to a dynamic ecosystem in the country.” At the Bosch Technology Exposition 2018, Bosch announced its plans to significantly increase the extent of localisation of its electrified… Continue reading Bosch to enhance localisation of electrified portfolio in India

First electric Volvo to be an all-new hatchback due in 2019

Inspired by Volvo 40.2 concept (pictures) The 40.2 continued a theme first seen with the 40.1 The 40.1 concept (right) heavily inspired the XC40 (left) Volvo will launch an all-electric hatchback in 2019. Volvo’s first stand-alone electric car will be a production version of the 40.2 concept seen in May last year, Autocar UK can reveal.… Continue reading First electric Volvo to be an all-new hatchback due in 2019

Bharat Forge sets up new company in Israel

Bharat Forge, the Pune-based multinational with a presence across automotive, power, oil and gas, construction and mining, rail, marine and aerospace, has today announced establishment of a new wholly owned subsidiary ‘Indigeneous IL’ in Israel. The company has invested Rs 1.9 crore in the new subsidiary, which will focus on exploring targets in the technology… Continue reading Bharat Forge sets up new company in Israel