Autocar_Professional India Online News – Page 1791

Volvo Cars to open new software development facility in Poland

Volvo Cars is to open a brand-new Tech Hub in Krakow, Poland’s second-largest city. The facility will be a key software development centre and play a crucial role in Volvo’s strategic ambition to be a fully electric brand by 2030 and a leader in new technology, not least through in-house software development. The Tech hub… Continue reading Volvo Cars to open new software development facility in Poland

Volvo Cars to open new software development facility in Poland

Nandan Nilekani backed Divgi TorqTransfer floats IPO to raise funds amidst bruises from Russia and China exports

Nandan Nilekani backed Divgi TorqTransfer floats IPO to raise funds amidst bruises from Russia and China exports Pune-based Divgi Torqtransfer Systems, which bought out its joint venture partner BorgWarner in 2016, announced raising funds through an initial public offering (IPO) route in order to fund its expansion plans. Divgi, a supplier of system-level transfer cases, torque couplers,… Continue reading Nandan Nilekani backed Divgi TorqTransfer floats IPO to raise funds amidst bruises from Russia and China exports

Nandan Nilekani backed Divgi TorqTransfer floats IPO to raise funds amidst bruises from Russia and China exports

Shriram Automall’s 120-city SAMIL utsav generated over Rs 185 crore

During a day-long Utsav festival on Sunday, Shriram Automall India Limited (SAMIL), a major pre-owned marketplace for vehicles and equipment, generated business worth approximately Rs 185 crore. In a statement, the company claimed that footfalls surpassed 25,000 on its 12th business anniversary, which was held in over 120 cities across the nation. Approximately 7500 vehicles, equipment,… Continue reading Shriram Automall’s 120-city SAMIL utsav generated over Rs 185 crore

Yulu plans to invest $500 million in three years, eyes 10X growth in revenues

Yulu, India’s largest shared electric mobility player plans to invest $500 million in the next three years as it aims to have a fleet of one million electric two wheelers in operation by 2025. With the production at Bajaj Auto’s factory in Akurdi commencing, Yulu intends to ramp up its fleet to 50000 units by… Continue reading Yulu plans to invest $500 million in three years, eyes 10X growth in revenues

Yulu plans to invest $500 million in three years, eyes 10X growth in revenues

EV shared mobility specialist Yulu plans to invest $500 million in three years, eyes 10X growth in revenues

EV shared mobility specialist Yulu plans to invest $500 million in three years, eyes 10X growth in revenues Yulu, India’s largest shared electric mobility player plans to invest $500 million in the next three years as it aims to have a fleet of one million electric two wheelers in operation by 2025. With the production… Continue reading EV shared mobility specialist Yulu plans to invest $500 million in three years, eyes 10X growth in revenues

EV shared mobility specialist Yulu plans to invest $500 million in three years, eyes 10X growth in revenues

BMW rolls out iX5 Hydrogen pilot fleet

After four years of development work, the BMW iX5 Hydrogen vehicle and development project has entered its critical next phase. The BMW Group is providing international media representatives with the first vehicles in a pilot fleet that will go into service this year, paving the way for potential series production. The German carmaker began production… Continue reading BMW rolls out iX5 Hydrogen pilot fleet