Electric car sales speed to 25,000 units in April-November, headed for 40,000 in FY2023 The mega trend of electric mobility has enveloped the news stream, be it about two-, four or more wheels on electric charge. Not a day goes by without news of new electric vehicles being either launched or development plans announced, setting… Continue reading Electric car sales speed to 25,000 units in April-November, headed for 40,000 in FY2023
Author: Autocar_Professional India Online News
Mahindra’s Chakan plant becomes India’s first 5G-enabled automobile factory
Mahindra & Mahindra’s Chakan manufacturing plant has become India’s first 5G-enabled automobile manufacturing facility. Communications provider Bharti Airtel and Tech Mahindra, the leading provider of digital transformation, consulting, and business re-engineering solutions, have inked a strategic partnership under which they have deployed the ’5G for Enterprise’ solution at the automaker’s plant. The ‘5G for Business’ solution has… Continue reading Mahindra’s Chakan plant becomes India’s first 5G-enabled automobile factory
Toyota Kirloskar Motor opens its first regional stockyard in Northern India
Toyota Kirloskar Motor (TKM) today inaugurated its first regional stockyard at Faruknagar in Haryana. The facility is aimed at driving a leaner and efficient distribution network across North India. The strategically located stockyard will reduce delivery time from the current 6-8 days to a maximum of two days for TKM dealers in Punjab, Haryana, Rajasthan,… Continue reading Toyota Kirloskar Motor opens its first regional stockyard in Northern India
Formula E tops global sustainability ranking of 50 sports
Formula E has been ranked as the Best Total Performer from more than 300 global sports organisations in the 2022 Global Sustainability Benchmark in Sports (GSBS) annual report. GSBS is an independent, global not-for-profit organisation, which analyses and benchmarks the sustainability performance of professional sports organisations through an unbiased, science-driven and data-based process. The study… Continue reading Formula E tops global sustainability ranking of 50 sports
Formula E tops global sustainability ranking of 50 sports
Formula E has been ranked as the Best Total Performer from more than 300 global sports organisations in the 2022 Global Sustainability Benchmark in Sports (GSBS) annual report. GSBS is an independent, global not-for-profit organisation, which analyses and benchmarks the sustainability performance of professional sports organisations through an unbiased, science-driven and data-based process. The study… Continue reading Formula E tops global sustainability ranking of 50 sports
myTVS raises further Rs. 203 crore from Lingotto
myTVS raises further Rs. 203 crore from Lingotto myTVS, a leading Indian player in the independent automobile aftermarket business, raised Rs 203 crore from an Exor fund managed by Lingotto. Lingotto is a wholly owned subsidiary of Exor NV, one of Europe’s leading holding companies. In November 2022, myTVS announced a fundraising of Rs. 487 crore… Continue reading myTVS raises further Rs. 203 crore from Lingotto
myTVS raises further Rs. 203 crore from Lingotto
myTVS raises further Rs. 203 crore from Lingotto myTVS, a leading Indian player in the independent automobile aftermarket business, raised Rs 203 crore from an Exor fund managed by Lingotto. Lingotto is a wholly owned subsidiary of Exor NV, one of Europe’s leading holding companies. In November 2022, myTVS announced a fundraising of Rs. 487 crore… Continue reading myTVS raises further Rs. 203 crore from Lingotto
Connectivity and SDVs to drive up to 30% OEM revenues from services by 2030
As vehicles increasingly transform into computers on wheels with the growing implementation of connected infotainment units as well as telematics-based connected-car technologies that allow remote control of certain vehicle features, the business model in the automobile industry is fast changing from that of selling cars to marketing features and services. OEMs are now moving towards… Continue reading Connectivity and SDVs to drive up to 30% OEM revenues from services by 2030
Connectivity and SDVs to drive up to 30% OEM revenues from services by 2030
As vehicles increasingly transform into computers on wheels with the growing implementation of connected infotainment units as well as telematics-based connected-car technologies that allow remote control of certain vehicle features, the business model in the automobile industry is fast changing from that of selling cars to marketing features and services. OEMs are now moving towards… Continue reading Connectivity and SDVs to drive up to 30% OEM revenues from services by 2030
Cummins Group India appoints Anjali Pandey as its Chief Operating Officer
Anjali Pandey has been appointed as the Chief Operating Officer (COO) for the Cummins Group in India. As the COO, Anjali’s priorities would include partnering with Cummins customers in their energy transition journey toward decarbonisation, positioning Cummins India as the global manufacturing hub, and strengthening the group’s reputation as a leading technology solutions provider. Anjali’s… Continue reading Cummins Group India appoints Anjali Pandey as its Chief Operating Officer