Author: Autocar_Professional India Online News

Commercial EV startup Turno raises over $3 million

L-R, Sudhindra Reddy and Hemanth Aluru, Co-founders, Turno. A commercial EV start-up based in Bengaluru, Turno, has raised $3.1 million in equity funding. The investment was led by Stellaris Venture Partners, along with Avaana Capital. Turno’s unique model enables the retail segment – individuals and SMEs – which constitutes 90 percent of commercial vehicles in… Continue reading Commercial EV startup Turno raises over $3 million

Shell launches used oil management service

Shell signs its first partnership with IFP Petro Products for used oil collection. Energy major Shell has launched a new initiative, used oil management service, which it claims is to organise India’s waste oil disposal system and to increase the rate of re-refining thereby achieving its circular economy goals while reducing waste. The company has set a target… Continue reading Shell launches used oil management service

Honda to electrify 15% of motorcycles, 30% of automobiles by 2030

Honda Motor Co today released the ‘Honda Sustainability Report 2022’ which comprehensively summarises Honda’s approach to sustainability and initiatives toward the realization of the Honda 2030 Vision to serve people worldwide with the ‘joy of expanding their life’s potential’, from the perspective of ESG (Environment, Social and Governance). Advancing powertrain electrification is among the many… Continue reading Honda to electrify 15% of motorcycles, 30% of automobiles by 2030

Mahle Powertrain in cutting-edge research to replace diesel with ammonia for CV engines

MAHLE Powertrain is leading an innovative project to develop technologies to replace diesel with ammonia in heavy duty combustion engines. Funded through the UK Government’s Net Zero Innovation Portfolio as part of the Red Diesel Replacement project, the company and its partners aim to develop zero and low-carbon fuels for use in off-highway sectors such… Continue reading Mahle Powertrain in cutting-edge research to replace diesel with ammonia for CV engines

Volkswagen and Siemens invest $450m in Electrify America’s growth vision

Volkswagen together with Siemens, the leading global technology company, is investing $450 million (Rs 3,513 crore), valuing Electrify America at $2.45 billion (Rs 19,129 crore). Through its financing arm Siemens Financial Services (SFS), Siemens becomes a minority shareholder in Electrify America with a low triple-digit million USD investment and will hold a seat on the… Continue reading Volkswagen and Siemens invest $450m in Electrify America’s growth vision

Hyundai reveals Ioniq 6 EV ahead of world premiere in July

Hyundai Motor Company today revealed the streamlined design of the Ioniq 6, the second model in its Ioniq dedicated all-electric-vehicle line-up brand. The Ioniq 6, which Hyundai describes as an ‘Electrified Streamliner’, is high on the aerodynamics quotient and makes innovative use of sustainable materials to reflect today’s EV customers’ values.  The latest and most… Continue reading Hyundai reveals Ioniq 6 EV ahead of world premiere in July

Renault Group, Atos launch service for manufacturing excellence

The Renault Group and Atos, a digital transformation company has launched ID@scale (Industrial Data @ Scale), a new service for industrial data collection to support manufacturing companies in their digital journey towards Industry 4.0. ID@S (Industrial Data @ Scale) will enable manufacturers to collect and structure data from industrial equipment at scale to improve operational… Continue reading Renault Group, Atos launch service for manufacturing excellence

Capgemini targets tier 1 talent

Capgemini, a leading provider of software services to the automotive sector and others, is reaching out to tier-2 and tier-3 cities in order to meet its target of hiring over 60,000 employees in the current year. It could not be independently ascertained as to how much of the new hirings will be allocated to the auto segment.  Like many… Continue reading Capgemini targets tier 1 talent

Tata hikes CV prices for a third time

Tata Motors has announced its third  price hike of the current year, with the latest one to begin from July, thereby making the vehicles’ tag price dearer by 1.5-2.5 percent. The auto major had taken a similar increase of 2.5 percent and 2-2.5 percent starting January and April respectively across all its segments – M&HCV,… Continue reading Tata hikes CV prices for a third time