Author: Autocar_Professional India Online News

Debashis Mitra: ‘Our focus is on last mile connectivity’

Why is the ride important?It is about addressing the range anxiety across the electric three-wheeler space. In case of ICEs, you know the location of the next petrol pump and you can refuel easily. For EVs, the range is important now and that too on a single charge. The event is to prove that we… Continue reading Debashis Mitra: ‘Our focus is on last mile connectivity’

Mysuru to Bengaluru non-stop in EV

An electric three-wheeler runs non-stop for 147km on single charge – Well, this is something that was achieved recently by Altigreen, the Bengaluru based three-wheeler EV company. This feat was something that has not been seen so far in the Indian last mile connectivity industry, the company claims. Altigreen, with its maiden product neEV, had… Continue reading Mysuru to Bengaluru non-stop in EV

People are worried about affordability of their mobility: 2022 Continental Study

People are increasingly worried about the affordability of their mobility. This is one of the key findings of the Mobility Study 2022, published two days ago by Continental. Continental conducted the representative mobility study together with renowned market research company infas for the seventh time. In May 2022, infas surveyed 6,000 citizens aged between 18… Continue reading People are worried about affordability of their mobility: 2022 Continental Study

American Axle names Mahindra CIE among its top global suppliers

Representational image of AAM’s differential assembly. American Axle & Manufacturing (AAM) named its top suppliers during the company’s recent 28th Annual Supplier Day. The award recognizes key suppliers with Supplier of the Year and Supplier Excellence Awards. AAM has recognizsed exceptional suppliers each year since its founding in 1994. “We congratulate our Supplier of the Year… Continue reading American Axle names Mahindra CIE among its top global suppliers

How BMW’s Robot In the Cloud is driving autonomous logistics

In today’s technology-dominated industrial environment, there are plenty of gains to be had in being autonomous, connected and intelligent. And that’s just what the BMW Group is doing. As part of the two-year, 1.2-million-euro (Rs 9,924 crore) ‘Robot in the Cloud’ research project funded by the Bavarian Ministry of Economic Affairs, the BMW Group is… Continue reading How BMW’s Robot In the Cloud is driving autonomous logistics

HeroMoto Corp’s June sales up 3.3 percent

Hero MotoCorp sold 13.90 lakh units in Q1 of 2022-23, a double-digit growth of 35.7 percent over the corresponding quarter of the previous fiscal (FY’22), when it sold 10.25 lakh units. Sequentially, this translates into a growth of 17 percent over the last quarter of the fiscal year (January-March) 2021-2022, when the company had sold… Continue reading HeroMoto Corp’s June sales up 3.3 percent

Bharat Forge  completes acquisition of JS Autocast

Bharat Forge along with its subsidiary, BF Industrial Solutions have  completed the previously announced acquisition of JS Autocast Foundry India at an  enterprise value of  Rs 489.63 crores. Bharat Forge in a statement noted that this acquisition will significantly enhance its  capabilities and addressable market segments both domestically and in export markets, especially in niche industrial… Continue reading Bharat Forge  completes acquisition of JS Autocast

Volvo Cars to set up EV plant in Slovakia

Volvo Cars has announced plans to set up a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and to capture future growth potential. The new state-of-the-art plant will be climate neutral and build only electric cars, underpinning the company’s ambition to become fully… Continue reading Volvo Cars to set up EV plant in Slovakia

Centre levies cess on crude, export duties on petrol, diesel

In what  could come as a respite for motorists who have to pay for high fuel rates, as Centre has come down heavily on domestic crude producers   who are believed to be making   windfall gains by selling  it to domestic refiners at international parity prices in addition to exporting it.  A cess of Rs 23250 per… Continue reading Centre levies cess on crude, export duties on petrol, diesel