Italian manufacturer Ferrari, which remains the world’s strongest automobile brand as per the 2023 Brand Finance global study, has signed a Memorandum of Understanding with Samsung Display. The OLED (organic light-emitting diode) technology pioneering company is to develop an advanced display solution for Ferrari’s next-generation models. Benedetto Vigna, Ferrari’s CEO, joined JS Choi, President and… Continue reading Ferrari’s future cars to use Samsung Display’s advanced OLED tech
Author: Autocar_Professional India Online News
Tata Nexons past 500,000 production milestone in 67 months
Tata Motors and the half-a-million mark are getting familiar these days. From achieving sales of over 500,000-units for the first time in a calendar year in 2022 and repeating the feat in a fiscal in FY2023, the carmaker has announced its latest 500,000 milestone – production of the Nexon compact SUV. The 500,000th Nexon rolled… Continue reading Tata Nexons past 500,000 production milestone in 67 months
Top ministers, 75 MPs and MLAs bat to reinstate workers at GM Talegaon plant after Hyundai takeover
Top ministers, 75 MPs and MLAs bat to reinstate workers at GM Talegaon plant after Hyundai takeover The signing of a term sheet by General Motors and Hyundai Motor last month to explore the acquisition of GM India’s plant in Talegaon, Pune, has drawn strong support from a cross-section of politicians. They include two Central… Continue reading Top ministers, 75 MPs and MLAs bat to reinstate workers at GM Talegaon plant after Hyundai takeover
Mahindra Racing appoints R Velusamy as Chairman
R Velusamy – Senior Vice President and head of Automotive Product Development at Mahindra & Mahindra – is taking on an additional role within the Mahindra family. Alongside his current role, he’s also been appointed Chairman of Mahindra Racing in a move that will further bridge Mahindra’s passenger vehicle and racing operations. Velusamy has been… Continue reading Mahindra Racing appoints R Velusamy as Chairman
Kia breaks ground on electric purpose-built vehicles factory
Kia held a ground-breaking ceremony today for its dedicated plant for the production of battery-electric purpose-built vehicles (PBV). Kia President and CEO Ho Sung Song, on behalf of Hyundai Motor Group, said: “Hyundai Motor, Kia, and Hyundai Mobis together plan to invest KRW 24 trillion in the domestic EV industry by 2030, with the goal… Continue reading Kia breaks ground on electric purpose-built vehicles factory
Kia breaks ground on electric purpose-built vehicles factory
Kia held a ground-breaking ceremony today for its dedicated plant for the production of battery-electric purpose-built vehicles (PBV). Kia President and CEO Ho Sung Song, on behalf of Hyundai Motor Group, said: “Hyundai Motor, Kia, and Hyundai Mobis together plan to invest KRW 24 trillion in the domestic EV industry by 2030, with the goal… Continue reading Kia breaks ground on electric purpose-built vehicles factory
Kia breaks ground on electric purpose-built vehicles factory
Kia held a ground-breaking ceremony today for its dedicated plant for the production of battery-electric purpose-built vehicles (PBV). Kia President and CEO Ho Sung Song, on behalf of Hyundai Motor Group, said: “Hyundai Motor, Kia, and Hyundai Mobis together plan to invest KRW 24 trillion in the domestic EV industry by 2030, with the goal… Continue reading Kia breaks ground on electric purpose-built vehicles factory
NGK Spark Plugs India to be renamed Niterra India
NGK Spark Plugs India, a Japanese manufacturer, and seller of spark plugs, sensors, and other automotive components has announced that it will be renaming the company as Niterra India , effective from April 2023. Niterra has been derived from the Latin words ‘niteo’ meaning ‘shine’ and ‘terra’ meaning ‘earth’, which symbolises the company’s commitment towards… Continue reading NGK Spark Plugs India to be renamed Niterra India
Nysha Mobility Tech raises US$3.5 million in seed funding
Nysha Mobility Tech (NMT), a Bengaluru-based electric vehicle (EV) startup that aims to transform the EV manufacturing ecosystem, has raised US$3.5 million in its seed funding round. A combination of equity and debt, the seed round saw participation from Touchstone Ventures, Panthera Peak Capital, and select family offices and angel investors. The company aims to… Continue reading Nysha Mobility Tech raises US$3.5 million in seed funding
Apollo Tyres develops car and SUV tyres with 75% sustainable materials
Apollo Tyres is pushing the sustainable mobility solutions envelope. After producing a concept agricultural tyre using 75% sustainable materials, the company has now announced a similar achievement with passenger vehicle tyres. This is aligned with Apollo Tyres’ sustainability roadmap of increasing the usage of sustainable raw material to 40% by 2030. The new passenger vehicle… Continue reading Apollo Tyres develops car and SUV tyres with 75% sustainable materials