Autocar_Professional India Online News – Page 1856

Domestic two-wheeler sales rebound on the back of strong festive demand

It is no secret that the four-wheeler industry posted better results than the two-wheeler segment in the past nine months. It was expected that during the festive period there would be a seismic shift in the two-wheeler market. In reality, that didn’t happen. Traditional strong markets in North India failed to live up to their… Continue reading Domestic two-wheeler sales rebound on the back of strong festive demand

Daimler India Commercial Vehicles posts third consecutive year of operating profit; revenues jump 50 percent in FY22 to Rs 8,217 crore

Daimler India Commercial Vehicles posts third consecutive year of operating profit; revenues jump 50 percent in FY22 to Rs 8,217 crore Buoyed by a strong revival in the Indian economy and a sharp uptick in demand for trucks and buses, Daimler India Commercial Vehicles (DICV), the German truck major, posted a 250 percent growth in operating… Continue reading Daimler India Commercial Vehicles posts third consecutive year of operating profit; revenues jump 50 percent in FY22 to Rs 8,217 crore

Centre increases ethanol procurement prices

The Centre on Wednesday announced increasing ethanol procurement prices with effect from December 1. For calculating the increments in price, a fair mechanism has been worked out that will factor in the source from where it originates. As a result, prices have been increased from Rs 49.41 per litre from existing Rs 46.66 per litre… Continue reading Centre increases ethanol procurement prices

India can emerge as global hub for 48V EV tech: Magna CTO

Global Tier 1 giant recently opened a new e-mobility engineering centre in Bengaluru with simultaneous focus on tapping growth in micro-mobility solutions. Early last month, Magna International opened a new engineering centre in Bengaluru, outlining an investment of Rs 970 crore. The company aims to drive innovation for e-mobility projects with this facility where technical… Continue reading India can emerge as global hub for 48V EV tech: Magna CTO

India can emerge as global hub for 48V EV tech: Magna CTO

Total Energies targets India’s growing EV market, launches EV fluids

Total Energies Marketing India, a subsidiary of Total Energies, has launched its new EV fluid products in India for electric and hybrid cars and electric two-wheelers. ‘Quartz EV Fluid’ for cars and ‘Hi-Perf EV Fluid’ for two-wheelers have been developed specifically for drivetrain reducers, e-motors, e-transmissions and batteries in electric and hybrid vehicles. According to… Continue reading Total Energies targets India’s growing EV market, launches EV fluids

Total Energies targets India’s growing EV market, launches EV fluids

Vredestein develops all-season EV tyre with innovative materials

Vredestein develops all-season EV tyre with innovative materials Apollo Tyres has confirmed that the new Vredestein Quatrac Pro EV, which will become Europe’s first dedicated all-season electric vehicle (EV) tyre when it goes on sale in December, will debut a range of advanced design features and materials. Developed specifically for year-round use by battery electric… Continue reading Vredestein develops all-season EV tyre with innovative materials

Yulu to invest Rs 1,200 crore in Karnataka, deploy 100,000 EVs and create battery infrastructure

Yulu to invest Rs 1,200 crore in Karnataka, deploy 100,000 EVs and create battery infrastructure Yulu, the shared electric two-wheeler Mobility-as-a-Service (MaaS) and Battery-as-a-Service (BaaS) business company, today entered into a Memorandum of Understanding (MoU) with the government of Karnataka at the Invest Karnataka Global Investors Meet in Bengaluru. The MoU was signed by R… Continue reading Yulu to invest Rs 1,200 crore in Karnataka, deploy 100,000 EVs and create battery infrastructure