Autocar_Professional India Online News – Page 1690

KPIT and ZF join forces to develop cutting-edge automotive middleware stack

Above (L-R): Kishor Patil, CEO of KPIT Technologies, and Dirk Walliser, SVP, R&D at ZF. KPIT and ZF will transfer their middleware activities from the joint development cooperation to the independent software company Qorix. KPIT Technologies, the Pune-based leading independent software development and integration partner to the automotive and mobility industry, and Germany’s ZF Group,… Continue reading KPIT and ZF join forces to develop cutting-edge automotive middleware stack

Shell and Volkswagen unveil charging station that enables connection to low-voltage grid

Shell Germany and the Volkswagen Group are jointly driving forward the expansion of the charging infrastructure for electric mobility. On May 4, 2023, the first innovative 150 kW Elli Flexpole charging station was put in operation at a Shell service station in Gottingen, Germany. The charging station of the Volkswagen brand Elli has a unique… Continue reading Shell and Volkswagen unveil charging station that enables connection to low-voltage grid

Shell and Volkswagen unveil charging station that enables connection to low-voltage grid

Battery tech firm Nyobolt to slash EV charging time to minutes

Nyobolt, the battery technology company, is planning to slash electric car charging time down to just a few minutes as it brings its patented fast-charging battery technology to the world of electric vehicles through a partnership with design and engineering business, CALLUM. Through the CALLUM partnership, Nyobolt plans to reset the bar on what fast… Continue reading Battery tech firm Nyobolt to slash EV charging time to minutes

Battery tech firm Nyobolt to slash EV charging time to minutes

Sundram Fasteners’ consolidated revenue touches Rs 5,000 crore

netSundram Fasteners (SFL) has reported a standalone net profit of Rs 116.41 crore during the quarter ended March 31, 2023 as against net profit of Rs 71.41 crore during the same period in the previous year, posting an increase of 63.20 per cent. The company achieved the twin milestones of crossing consolidated revenues of Rs… Continue reading Sundram Fasteners’ consolidated revenue touches Rs 5,000 crore

CEAT reports net profit of Rs 132 crore in Q4

Tyre maker CEAT, a part of the RPG Group, reported a net profit of Rs 132 crore in the fourth quarter, aided by higher revenue and lower raw material cost. The company’s consolidated net revenue from operations stood at Rs 2,874.8 crore in Q4FY23 versus Rs 2,592 crore in the corresponding period last year. The… Continue reading CEAT reports net profit of Rs 132 crore in Q4

BRANDED CONTENT: In tune with the industry needs

ARaymond, a 157 years old family-owned company established in 1865, has a headquarter in Grenoble, France. ARaymond is a leading global fastening & assembly solution provider, offering Innovation, Value Creation, Sustainable solutions to its market. ARaymond has 29 manufacturing plants in 26 countries worldwide. They design, engineer, and manufacture assembly systems that eliminate the need… Continue reading BRANDED CONTENT: In tune with the industry needs

Grosse Kleimann succeeds Olaf Henning as head of aftermarket business unit of MAHLE Group

Global automotive parts supplier MAHLE Group on Thursday appointed Philipp Grosse Kleimann as head of the aftermarket business unit and a member of the MAHLE Management Committee, effective, August 1, 2023. Under the new role, he will report directly to the CEO. Grosse Kleimann succeeds Olaf Henning (55), who was heading the business unit since… Continue reading Grosse Kleimann succeeds Olaf Henning as head of aftermarket business unit of MAHLE Group

Hero MotoCorp’s consolidated net profit rises by 31% to Rs 811 crore in Q4FY23

Hero MotoCorp, the country’s largest two-wheeler company, reported a consolidated net profit of Rs 811 crore in Q4FY23, reflecting a growth of 31% over a similar period, the previous year. The company’s consolidated revenue stood at Rs 8,434 crore, a growth of 13% in Q4FY23, as against Q4FY22. The company also declared a final dividend… Continue reading Hero MotoCorp’s consolidated net profit rises by 31% to Rs 811 crore in Q4FY23