Hyundai Mobis’ future growth to ride on software-driven integrated platforms

Hyundai Mobis has unveiled its ‘New Mobis’ vision at CES 2023, declaring a leap forward as a mobility company that provides an integrated platform centered on software. Using the platform of the world’s most influential technology event, being held in Las Vegas, Hyundai Mobis also redefined the essence of its brand name as ‘Mobility Beyond… Continue reading Hyundai Mobis’ future growth to ride on software-driven integrated platforms

Hyundai Motor India increases its share of Hyundai’s global sales to 14% in CY2022

Hyundai Motor India increases its share of Hyundai’s global sales to 14% in CY2022 Hyundai Motor Company has reported total global sales of 3.94 million vehicles (3,944,579 units) in CY2022, a 1.4% increase over CY2021’s 3,890,726 units. In its statement, the Korean carmaker said, “Despite the challenging business environment caused by the ongoing pandemic and component… Continue reading Hyundai Motor India increases its share of Hyundai’s global sales to 14% in CY2022

Sony Honda JV reveals Afeela electric sedan at CES

Sony Honda Mobility, the joint venture formed between the two Japanese industrial giants last year, has revealed the name of its new electric vehicle brand and has given a prototype its debut at CES in Las Vegas.  The EV brand, which will be named ‘Afeela’, was detailed on stage by Sony Honda Mobility chief executive Yasuhide Mizuno, who said it represented… Continue reading Sony Honda JV reveals Afeela electric sedan at CES

Sony Honda JV reveals Afeela electric sedan at CES

Sony Honda Mobility, the joint venture formed between the two Japanese industrial giants last year, has revealed the name of its new electric vehicle brand and has given a prototype its debut at CES in Las Vegas.  The EV brand, which will be named ‘Afeela’, was detailed on stage by Sony Honda Mobility chief executive Yasuhide Mizuno, who said it represented… Continue reading Sony Honda JV reveals Afeela electric sedan at CES

Electric Pe targets five-city network expansion from its $5million funding

Electric vehicle charging app aggregator ElectricPe which recently raised $5 million plans to utilise the funds for network expansion and to scale up operations. The Bengaluru-based company will add five more South Indian cities to its network over the next 24 months. “We want to create a holistic full-stack consumer-facing platform and the route to… Continue reading Electric Pe targets five-city network expansion from its $5million funding

Electric Pe targets five-city network expansion from its $5million funding

Electric vehicle charging app aggregator ElectricPe which recently raised $5 million plans to utilise the funds for network expansion and to scale up operations. The Bengaluru-based company will add five more South Indian cities to its network over the next 24 months. “We want to create a holistic full-stack consumer-facing platform and the route to… Continue reading Electric Pe targets five-city network expansion from its $5million funding

Pankaj Munjal backed Hero Motors raises equity from PE firm GEF Capital Partners

In a bid to accelerate its push in the electric vehicle space, Pankaj Munjal backed Hero Motors, the auto-components arm of Hero Motors Company (HMC) Group has raised equity from private equity firm GEF Capital Partners and its Limited Partners for a minority stake for an undisclosed sum. With a total investment of Rs 1,500… Continue reading Pankaj Munjal backed Hero Motors raises equity from PE firm GEF Capital Partners

Pankaj Munjal backed Hero Motors raises equity from PE firm GEF Capital Partners

In a bid to accelerate its push in the electric vehicle space, Pankaj Munjal backed Hero Motors, the auto-components arm of Hero Motors Company (HMC) Group has raised equity from private equity firm GEF Capital Partners and its Limited Partners for a minority stake for an undisclosed sum. With a total investment of Rs 1,500… Continue reading Pankaj Munjal backed Hero Motors raises equity from PE firm GEF Capital Partners

Visteon showcases cutting-edge digital cockpit solutions at CES

Technology company Visteon is showcasing a range of digital cockpit technologies at CES 2023 designed to enable automakers to create safer, connected and more convenient driving experiences. As automobiles continue their evolution towards electrified, connected, software-defined vehicles, Visteon is aligning its technologies to those trends particularly with digital cockpit technologies. As part of this alignment,… Continue reading Visteon showcases cutting-edge digital cockpit solutions at CES

Switch Mobility to showcase e-LCVs and a new range of electric buses at AutoExpo 2023

Switch Mobility to showcase e-LCVs and a new range of electric buses at AutoExpo 2023 Ashok Leyland-backed Switch Mobility has announced that they will be showcasing a range of eLCVs christened as the IeV series at the AutoExpo 2023. The range will be targeted at last mile and mid-mile mobility applications. A new range of… Continue reading Switch Mobility to showcase e-LCVs and a new range of electric buses at AutoExpo 2023