Michael Benz, a veteran engine specialist from the global truck maker Daimler AG has joined Tata Motors to lead its Power Systems Engineering Division for the commercial vehicle business as the company strives to stay ahead in the alternate fuel business. Benz takes charge as the Vice President of the division from Milind Peshave, who retires… Continue reading EXCLUSIVE: Daimler veteran Michael Benz joins Tata Motors CV Biz, to steer development of new generation engines
Author: Autocar_Professional India Online News
Ashok Leyland partners with IDBI Bank for providing Channel Finance facilities
Ashok Leyland, the Indian flagship company of the Hinduja Group and the commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU), with IDBI Bank, to enter into a strategic channel financing partnership for its dealers, who will be able to avail customised financial solutions. Gopal Mahadevan, CFO, Ashok Leyland, said, “With the combined strength of… Continue reading Ashok Leyland partners with IDBI Bank for providing Channel Finance facilities
Auto component makers to see around 10-12% revenue growth, says Crisil
The Indian automotive components sector is expected to witness around 10-12% growth in revenue in 2023-2024. The key factors include domestic growth buoyed by robust demand from original equipment manufacturers (OEMs) on the back of a high base of past fiscals, and steady aftermarket demand. This is despite exports continuing to remain sluggish, according to… Continue reading Auto component makers to see around 10-12% revenue growth, says Crisil
Auto component makers to see around 10-12% revenue growth, says Crisil
The Indian automotive components sector is expected to witness around 10-12% growth in revenue in 2023-2024. The key factors include domestic growth buoyed by robust demand from original equipment manufacturers (OEMs) on the back of a high base of past fiscals, and steady aftermarket demand. This is despite exports continuing to remain sluggish, according to… Continue reading Auto component makers to see around 10-12% revenue growth, says Crisil
Panasonic Energy and Mazda in talks for supply of cylindrical lithium-ion batteries
Panasonic Energy Co and Mazda Motor Corporation have agreed to enter into discussions on establishing a medium- to long-term partnership to meet demand for battery EVs and automotive batteries in a rapidly expanding market. The plan is for Panasonic Energy to supply Mazda with automotive cylindrical lithium-ion batteries manufactured at Panasonic Energy’s plants in Japan… Continue reading Panasonic Energy and Mazda in talks for supply of cylindrical lithium-ion batteries
Panasonic Energy and Mazda in talks for supply of cylindrical lithium-ion batteries
Panasonic Energy Co and Mazda Motor Corporation have agreed to enter into discussions on establishing a medium- to long-term partnership to meet demand for battery EVs and automotive batteries in a rapidly expanding market. The plan is for Panasonic Energy to supply Mazda with automotive cylindrical lithium-ion batteries manufactured at Panasonic Energy’s plants in Japan… Continue reading Panasonic Energy and Mazda in talks for supply of cylindrical lithium-ion batteries
Fifteen EV makers test StoreDot’s fast-charging battery cells, report game-changing performance
StoreDot, which has developed an extreme fast charging (XFC) high energy battery solution for electric vehicles, states that it has obtained outstanding battery performance feedback for the first evaluation and integration A-Samples testing phase of its XFC electric vehicle battery cells. As per StoreDot, the comprehensive testing programs took place over the past six months… Continue reading Fifteen EV makers test StoreDot’s fast-charging battery cells, report game-changing performance
Fifteen EV makers test StoreDot’s fast-charging battery cells, report game-changing performance
StoreDot, which has developed an extreme fast charging (XFC) high energy battery solution for electric vehicles, states that it has obtained outstanding battery performance feedback for the first evaluation and integration A-Samples testing phase of its XFC electric vehicle battery cells. As per StoreDot, the comprehensive testing programs took place over the past six months… Continue reading Fifteen EV makers test StoreDot’s fast-charging battery cells, report game-changing performance
Fifteen EV makers test StoreDot’s fast-charging battery cells, report game-changing performance
StoreDot, which has developed an extreme fast charging (XFC) high energy battery solution for electric vehicles, states that it has obtained outstanding battery performance feedback for the first evaluation and integration A-Samples testing phase of its XFC electric vehicle battery cells. As per StoreDot, the comprehensive testing programs took place over the past six months… Continue reading Fifteen EV makers test StoreDot’s fast-charging battery cells, report game-changing performance
Michelin to power its Chennai plant with renewable energy
Michelin India has signed a Power Purchase Agreement (PPA) with CleanMax Enviro Energy Solutions for supply of green energy for its factory at Thervoy Kandigai, near Chennai, which will increase the total contribution of renewable energy to 37% from current 11% and account for a reduction of 11,712 tons of CO2 emissions annually. Speaking on the… Continue reading Michelin to power its Chennai plant with renewable energy