Author: Autocar_Professional India Online News

Hyderabad-based e-tractor start-up Cellestial raises Rs 3 crore in funding

Hyderabad-based start-up Cellestial E-mobility, which showcased its electric tractor a year ago has announced that it has achieved $35 million (Rs 260 crore) valuation in its Pre-Series A funding. The company says buoyed by its sustainable business model, growing user response coupled with a consistent revenue generation it has closed its initial raise of $500,000… Continue reading Hyderabad-based e-tractor start-up Cellestial raises Rs 3 crore in funding

ARAI Academy’s global conference sees experts push for industry-academia partnership

Growing level of collaboration between India Auto Inc and academia can only power a new dynamic for industry. (Image: Franchise India) On May 24 and 25, the Automotive Research Association of India (ARAI) Academy organised a two-day virtual conference on ‘Automotive Research & Development’ wherein Autocar Professional’s executive editor, Sumantra Barooah, moderated a panel discussion.… Continue reading ARAI Academy’s global conference sees experts push for industry-academia partnership

Petrol just 6 paise short of Rs 100-a-litre mark in Mumbai

The price of petrol in Mumbai, which has been scaling record highs since the past month, will cross the Rs 100-a-litre mark in the next price hike – the 15th in May 2021 – which should happen any day soon, maybe even tomorrow. Today’s price increase – the 14th this month – sees an increase… Continue reading Petrol just 6 paise short of Rs 100-a-litre mark in Mumbai

ATS Group’s new Bangalore EV test facility to commence operations in July

ATS Group’s Managing Director Ramanathan Srinivasan Automotive Test Systems Group (ATS), one of the largest suppliers of automotive testing equipment ranging from simulation to validation and vehicle durability, is setting up a new testing facility for electric vehicles in Bangalore. The new EV testing facility, which will come up in Bangalore, will be operational by… Continue reading ATS Group’s new Bangalore EV test facility to commence operations in July

Lockheed Martin, GM to develop next-gen lunar rover for NASA

Unlike the Apollo rovers that only travelled 7.6km from the landing site, next-gen lunar vehicles are being designed to traverse significantly farther distances to the Moon’s south pole Lockheed Martin and General Motors are teaming up to develop the next generation of lunar vehicles to transport astronauts on the surface of the Moon, fundamentally evolving and expanding… Continue reading Lockheed Martin, GM to develop next-gen lunar rover for NASA

Tesla Cybertruck amasses a million pre-orders worth $37 billion

The Tesla Cybertruck, which was first revealed in November 2019, continues to attract more interest from potential buyers. A clue to the massive market enthusiasm came early after the reveal when in barely after week, 200,000 people had placed a deposit on the radical pickup. It also helps that the deposit is a refundable US$… Continue reading Tesla Cybertruck amasses a million pre-orders worth $37 billion

Volkswagen plans big-ticket investment to accelerate sales in Germany

Volkswagen has announced plans to invest a triple-digit euro amount over three years – the largest programme in Germany to date – to rev up sales and distribution in its home market. Among other items, the planned investments of the program include the upgrading of dealerships and showrooms, a broad-based product and service training offensive… Continue reading Volkswagen plans big-ticket investment to accelerate sales in Germany

Lithium Urban acquires SmartCommute, to become a full-stack transportation solution provider

Bangalore-headquartered Lithium Urban Technologies (Lithium Urban), a leading corporate sustainable mobility solutions provider has acquired SmartCommute, an end-to-end Employee Transport Services SaaS platform. With this move, Lithium Urban will now evolve into a full-stack transportation solutions provider across form factors. SmartCommute was founded in 2014 with the purpose of simplifying employee transportation services for corporates… Continue reading Lithium Urban acquires SmartCommute, to become a full-stack transportation solution provider

Skoda uses swarm data intelligence to warn drivers of slippery roads

Skoda Auto’s latest tech update is a swarm data intelligence-based service to warn drivers of slippery roads. The Czech carmaker’s ‘Local Hazard Information Service’ provides drivers with detailed information about current road conditions. The system collects and evaluates anonymous data and, if necessary, warns of a slippery road surface or road damage via the infotainment… Continue reading Skoda uses swarm data intelligence to warn drivers of slippery roads