Infosys to digitise and automate processes at Envision AESC’s EV battery plants Infosys, a global leader in next[1]generation digital services and consulting, has inked a strategic collaboration with battery technology company Envision AESC. Through this collaboration, Infosys will help develop a cloud-based platform to digitise and automate manual processes at Envision AESC’s Electric Vehicle (EV)… Continue reading Infosys to digitise and automate processes at Envision AESC’s EV battery plants
Author: Autocar_Professional India Online News
Ultraviolette launches F77 electric motorcycle at Rs 380,000
Bengaluru-based and TVS Motor-backed Ultraviolette Automotive today launched its electric motorcycle, the F77. The F77 is on offer in two variants – Original and Recon – which differ in terms of peak output figures, battery capacity and range. There’s also a limited edition of which only 77 units are available. The Original variant, which uses a… Continue reading Ultraviolette launches F77 electric motorcycle at Rs 380,000
Ultraviolette launches F77 electric motorcycle at Rs 380,000
Bengaluru-based and TVS Motor-backed Ultraviolette Automotive today launched its electric motorcycle, the F77. The F77 is on offer in two variants – Original and Recon – which differ in terms of peak output figures, battery capacity and range. There’s also a limited edition of which only 77 units are available. The Original variant, which uses a… Continue reading Ultraviolette launches F77 electric motorcycle at Rs 380,000
Continental aims to outpace market, eyes new greenfield facility
Having grown at 2.5 times the market rate, Hannover-based automotive component major Continental AG is planning to outpace the market in the coming years. To cater to its growth aspirations and offer high tech products, the company is planning to set up a new greenfield facility in the coming 12-15 months which will help in… Continue reading Continental aims to outpace market, eyes new greenfield facility
Tata Motors and HDFC Bank to offer EV inventory finance to dealers
In a bid to increase EV adoption in the country, Tata Motors has partnered HDFC Bank, India’s largest private sector bank, to offer an electric vehicle dealer financing solution to its authorised passenger EV dealers. Under this scheme, Tata Motors will provide its dealers additional inventory funding over and above their ICE finance limit with… Continue reading Tata Motors and HDFC Bank to offer EV inventory finance to dealers
Tata Motors and HDFC Bank to offer EV inventory finance to dealers
In a bid to increase EV adoption in the country, Tata Motors has partnered HDFC Bank, India’s largest private sector bank, to offer an electric vehicle dealer financing solution to its authorised passenger EV dealers. Under this scheme, Tata Motors will provide its dealers additional inventory funding over and above their ICE finance limit with… Continue reading Tata Motors and HDFC Bank to offer EV inventory finance to dealers
TVS Motor expands ASEAN retail footprint with new showroom in Singapore
TVS Motor Company today inaugurated its first TVS Experience Centre in Singapore, thereby expanding its retail footprint in the ASEAN region. The new showroom will offer a range of premium motorcycles including the flagship Apache RR310 and Apache RTR range. TVS has partnered with ‘Motorsport Pte of the Chong Aik Group, which will be the… Continue reading TVS Motor expands ASEAN retail footprint with new showroom in Singapore
Rising market demand, positive sentiments lift Commercial Vehicle sector
The commercial vehicle (CV) industry is set to record a volume growth of 20-22 percent in FY23, benefitting from the strong demand and supply cycle while cost pressure remains high, according to a CareEdge report. It may be noted, post recording the highest volume growth in fiscal 2019 since fiscal 2001, the CV industry went… Continue reading Rising market demand, positive sentiments lift Commercial Vehicle sector
Volvo Car India announces price hike on select models
Swedish luxury car maker Volvo Car India has announced an increase in the ex-showroom prices of some models like the XC90, XC60 and XC40 Recharge. The company has cited rising input cost pressures for this besides continued disruption of global supply chains leading to higher logistic costs. However, the prices of the S90 Petrol Mild-Hybrid,… Continue reading Volvo Car India announces price hike on select models
Flash Electronics aims to double revenue to Rs 2,600 crore by 2025, eyes 30 percent of its business from EV parts
Flash Electronics aims to double revenue to Rs 2,600 crore by 2025, eyes 30 percent of its business from EV parts Riding on the soaring demand for green mobility, homegrown electric and electronic automotive systems and parts maker Flash Electronics intends to double its net revenue to about Rs 2,600 crore and plans to garner… Continue reading Flash Electronics aims to double revenue to Rs 2,600 crore by 2025, eyes 30 percent of its business from EV parts