Skoda Auto is pressing ahead with the automation of its manufacturing processes in the Czech Republic. In gearbox production at the Vrchlabi component plant, a new smart handling robot has taken over the complex task of moving forged parts for the workforce. The company has developed this system in-house to build up expertise in production… Continue reading Skoda deploys smart robot to handle forged transmission parts at Vrchlabi plant
Author: Autocar_Professional India Online News
Bosch reports robust Q4 revenue, profit jumps 5x
Bosch reported a 44 percent increase in total revenue from operations at Rs 3217 crore in Q4 FY2021 YoY (FY2020 revenue: 2,236 crore). Its standalone Q4 FY2021 profit came in at Rs 482 crore, nearly five times compared to the same quarter last year. Speaking on the results, Soumitra Bhattacharya, Managing Director, Bosch and President… Continue reading Bosch reports robust Q4 revenue, profit jumps 5x
Magenta EV Solutions raises Rs 120 crore in Series A funding
Mumbai-based, electric vehicle charging solutions company, Magenta EV Solutions (Magenta) has raised more than $15 million (Rs 120 crore) in Series A funding from eminent Indian-American cardiologist, philanthropist billionaire and serial entrepreneur, Dr. Kiran Patel. Founded by Maxson Lewis and Darryl Dias, Magenta was Incorporated in 2017, and in the last three years, it has… Continue reading Magenta EV Solutions raises Rs 120 crore in Series A funding
Eberspaecher Group maintains strong outlook for 2021
German supplier Eberspaecher Group has announced that despite the unprecedented challenging fiscal year 2020 that was heavily impacted by the economic effects of the Coronavirus pandemic, the current year marks the sign of transformation for the company. ‘Exhaust Technology’, which is the company’s biggest division will change to a more independent operational structure and conduct… Continue reading Eberspaecher Group maintains strong outlook for 2021
Pune-based start-up launches driver status monitor cameras
Commemorating UN Global Road Safety Week 2021, Pune-based Safe Cams Digital Eye Solutions (Safe Cams) has launched a Driver Status Monitor (DSM) system-based camera. The company says at present the DSM functionality has been made available in 3 camera devices being sold by Safe Cams – SC 200 AI, SC DS02 and SC 400. While… Continue reading Pune-based start-up launches driver status monitor cameras
Tata Motors wins Rs 44 crore CESL contract for 300 EVs
Tata Motors, with its Nexon EV and Tigor sedan, was the No. 1 electric carmaker in India, in FY2021. Tata Motors, which was the No. 1 electric car OEM in India in FY2021 with sales of 4,216 units and 64% of all-India sales, has just received a new order for its electric passenger vehicles. The… Continue reading Tata Motors wins Rs 44 crore CESL contract for 300 EVs
Toyota selects ZF and Mobileye to develop and supply ADAS solution
German Tier 1 supplier ZF and Mobileye, an Intel company, have been chosen by Toyota Motor Corp to develop and supply Advanced Driver Assistance Systems (ADAS) for use in multiple vehicle platforms starting in the next few years. As part of the agreement, ZF a leading manufacturer of automotive cameras driven by Mobileye technology, will… Continue reading Toyota selects ZF and Mobileye to develop and supply ADAS solution
Tata Motors’ Q4 FY2021 revenue up 42 percent, in line with estimates
Tata Motors’ India operations continued its strong sequential recovery in the last quarter of FY2021 and Jaguar Land Rover’s business too reflected retail recovery in China and North America in Q4. The consolidated net revenue for Q4 came in at Rs 88,628 crore, up 41.8 percent from the revenue of Rs 75,654 crore in the year-ago period.… Continue reading Tata Motors’ Q4 FY2021 revenue up 42 percent, in line with estimates
Tata Motors’ Q4FY2021 revenue up 42 percent, in-line with estimates
Tata Motors’ India operations continued its strong sequential recovery in the last quarter of FY2021 and Jaguar Land Rover’s business too reflected retail recovery in China and North America in Q4. The consolidated net revenue for Q4 came in at Rs 88,628 crore, up 41.8 percent from the revenue of ₹75,654 crore in the year-ago period. The… Continue reading Tata Motors’ Q4FY2021 revenue up 42 percent, in-line with estimates
Israel’s ElectReon, Stellantis and Iveco to demonstrate potential of wireless EV charging in Italy
Israel-based ElectReon, a leading provider of inductive in-road charging technology for commercial and passenger electric vehicles (parked, slow-moving or driving at speeds) has announced that it will join ‘Arena of the Future’ project in Brescia, Italy where the company will integrate its wireless technology to charge two Stellantis vehicles, and an Iveco bus while driving.… Continue reading Israel’s ElectReon, Stellantis and Iveco to demonstrate potential of wireless EV charging in Italy