Hyundai Motor Group invites start-ups to apply for 2023 innovation programme

Start-ups can apply to one of 18 global projects under six different tech themes, including autotech, mobility service, smart factory, robotics, metaverse and proptech. Hyundai Motor Group has announced its 2023 first-half ZER01NE Accelerator program, an open innovation platform to facilitate collaboration between start-ups and various teams under the Group on various projects. This program… Continue reading Hyundai Motor Group invites start-ups to apply for 2023 innovation programme

BMW’s Leipzig plant produces its 3,333,333rd vehicle

BMW Group Plant Leipzig’s latest accomplishment has been the rollout of its 3,333,333rd customer car since going on stream in 2005. Of the three models currently rolling off the Leipzig production lines – the BMW 1 Series, 2 Series Gran Coupe and 2 Series Active Tourer – it was a 1 Series that was to mark… Continue reading BMW’s Leipzig plant produces its 3,333,333rd vehicle

Hyundai next-gen Verna to launch on 21st March; exterior revealed

Ahead of its global debut on March 21, 2023, Hyundai has officially released the first exterior image of the new Verna sedan. Bookings for the Verna are currently open with the booking amount set at Rs 25,000. Hyundai says the new Verna gets the brand’s Sensuous Sportiness design language that is also seen on newer models like the Tucson SUV, the latest-gen… Continue reading Hyundai next-gen Verna to launch on 21st March; exterior revealed

Delta Electronics Unveils Microgrid-based Green EV Charging Station at ELECRAMA 2023

Delta Electronics Unveils Microgrid-based Green EV Charging Station at ELECRAMA 2023 Delta Electronics, Noida-based EV charging equipment and motor drive manufacturer showcased a wide portfolio of IoT-based smart green solutions which included a smart microgrid-based Green EV Charging Station and the new Open-Loop Variable-Torque Standard Drive VP3000 Series at ELECRAMA 2023. The solution integrates Delta’s… Continue reading Delta Electronics Unveils Microgrid-based Green EV Charging Station at ELECRAMA 2023

Dalmia Cement switches to LNG trucks for cleaner logistics

Dalmia Cement Bharat Limited (DBCL), a leading Indian cement manufacturer and a subsidiary of Dalmia Bharat Limited deployed its first fleet of LNG trucks today. DCBL has tied up with GreenLine Logistics (Green Planet Logistics), a LNG-fueled heavy trucking logistics company, for this significant initiative towards building a ‘green’ supply chain with an initial order of 35 trucks. The first… Continue reading Dalmia Cement switches to LNG trucks for cleaner logistics

Dalmia Cement switches to LNG trucks for cleaner logistics

Dalmia Cement Bharat Limited (DBCL), a leading Indian cement manufacturer and a subsidiary of Dalmia Bharat Limited deployed its first fleet of LNG trucks today. DCBL has tied up with GreenLine Logistics (Green Planet Logistics), a LNG-fueled heavy trucking logistics company, for this significant initiative towards building a ‘green’ supply chain with an initial order of 35 trucks. The first… Continue reading Dalmia Cement switches to LNG trucks for cleaner logistics

Delhi Transport Department bans bike taxi

After being banned in Meghalaya, Karnataka & Maharashtra, the fledgling US$ 50.5 million Indian Bike taxi market has suffered yet another jolt with Delhi banning the commercial usage of bike taxis. A public order of the Delhi Transport Department noted bike taxis in Delhi-NCR violated the Motor Vehicle Act, 1988, as the Act prohibits using two-wheelers… Continue reading Delhi Transport Department bans bike taxi

Delhi Transport Department bans bike taxi

After being banned in Meghalaya, Karnataka & Maharashtra, the fledgling US$ 50.5 million Indian Bike taxi market has suffered yet another jolt with Delhi banning the commercial usage of bike taxis. A public order of the Delhi Transport Department noted bike taxis in Delhi-NCR violated the Motor Vehicle Act, 1988, as the Act prohibits using two-wheelers… Continue reading Delhi Transport Department bans bike taxi

Lumax Auto Technologies to acquire 75% stake in IAC Group’s India business for Rs 440 crore

Lumax Auto Technologies to acquire 75% stake in IAC Group’s India business for Rs 440 crore Lumax Auto Technologies Limited (“LATL”), a leading Tier-1 automotive systems and components supplier, has signed an agreement to acquire majority stake in IAC International Automotive India Private Limited (“IAC India”) from the International Automotive Components Group (“IAC Group”). This… Continue reading Lumax Auto Technologies to acquire 75% stake in IAC Group’s India business for Rs 440 crore

Magenta Mobility announces opening of new sustainable office in Gurugram; plans to hire over 450 employees by 2024.

Magenta Mobility announces opening of new sustainable office in Gurugram; plans to hire over 450 employees by 2024. Magenta Mobility, home-grown integrated electric mobility and charging solutions provider, announced its expansion in North India by opening a larger new office in Gurugram. This move is in line with Magenta Mobility’s #Missionelectric which intends to strengthen… Continue reading Magenta Mobility announces opening of new sustainable office in Gurugram; plans to hire over 450 employees by 2024.