Autocar_Professional India Online News – Page 1743

SMEV petitions Niti Aayog to review FAME Policy

The registered association representing Indian manufacturers of electric vehicles SMEV (Society of Manufacturers of Electric Vehicles) today petitioned the Niti Aayog, asking them to review the FAME II subsidy scheme. The Ministry of Heavy Industries’ actions over the past 18 months i.e., withholding subsidies, demanding retrospective claw backs of subsidy given in 2019, delisting companies… Continue reading SMEV petitions Niti Aayog to review FAME Policy

SMEV petitions Niti Aayog to review FAME Policy

Auto industry’s logistics supplies set to get disrupted by Cyclone Biparjoy

Cyclone Biparjoy is expected to significantly impede port operations and impose restrictions on container movement, according to Container xChange, an online marketplace for container logistics companies. If the assessment proves to be accurate, it will probably have an impact on cargo movements, including for the nation’s automotive industry, which until recently suffered from higher logistic… Continue reading Auto industry’s logistics supplies set to get disrupted by Cyclone Biparjoy

Simple Energy to launch two new affordable electric scooters in the coming quarter

Simple Energy, an electric vehicle and clean energy start-up, plans to launch two new affordable electric scooters in the coming quarter. With the commencement of the deliveries of its flagship product- Simple ONE, the company is working on the development of two new e-scooters which would be attractively priced for the consumers, it said as… Continue reading Simple Energy to launch two new affordable electric scooters in the coming quarter

Ashok Leyland’s ‘new energy portfolio’ to be ready in next two years

Chennai-based Ashok Leyland said on Thursday that its new energy portfolio, which includes CNG, LNG, hydrogen ICE, hydrogen-powered fuel cell electric vehicles, and six battery electric vehicle is likely to be completed in the next couple of years. The company said in its latest investor report that it is investing heavily in research and development for… Continue reading Ashok Leyland’s ‘new energy portfolio’ to be ready in next two years

Fiem Industries working towards avoiding supply disruptions due to fire mishap at Haryana unit

In an exchange notification (13 June 2023), FIEM Industries, a manufacturer of automotive parts and systems, said that a fire had taken place at noon that day in one of their company units in Haryana. It further stated that there was, fortunately, no loss or injury to human life, and the fire was got under… Continue reading Fiem Industries working towards avoiding supply disruptions due to fire mishap at Haryana unit

Continental launches UltraContact NXT tyres made of up to 65% renewable materials

German tyre company Continental has launched UltraContact NXT tyres, which use up to 65 percent renewable, recycled, and mass balance certified materials- the most sustainable series tyre to date, as claimed by the company. The company is the first manufacturer to launch a tire with both a high share of sustainable materials and maximum EU… Continue reading Continental launches UltraContact NXT tyres made of up to 65% renewable materials

Ministry of Corporate Affairs asks to investigate Hero MotoCorp: Report

The country’s Ministry of Corporate Affairs has asked for an investigation to gauge Hero MotoCorp’s correlation with a third party vendor in a case pertaining to alleged diversion of monies, Reuters reported, citing two government sources. The investigation has been initiated in “public interest” to examine the ownership structure of the country’s largest motorcycles maker,… Continue reading Ministry of Corporate Affairs asks to investigate Hero MotoCorp: Report

Ashok Leyland and Aidrivers join hands to produce electric terminal truck for port operations

Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer, and Aidrivers, a specialist in AI-enabled autonomous solutions, are partnering to produce autonomous electric terminal trucks to address the Net Zero emissions needs of the port industry. This unique truck model, which will be based on an Ashok Leyland… Continue reading Ashok Leyland and Aidrivers join hands to produce electric terminal truck for port operations

EVs to constitute 50% of the portfolio by 2030: Tata Motors

With a lion’s share of over 85 percent in electric passenger vehicle space, the homegrown auto major Tata Motors is confident of maintaining the lead in the country’s EV space, as per Shailesh Chandra, MD, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility. In the Annual Report 2022-2023, the company highlighted its plan to… Continue reading EVs to constitute 50% of the portfolio by 2030: Tata Motors