Continental’s semi-dry brake system gets orders worth over 2 billion euros

Technology company Continental has received a major award in the third quarter for the series production of its semi-dry brake system (also known as Future Brake System, FBS), valued about 1.5 billion euros (Rs 12,298 crore). This increases the lifetime sales to more than 2 billion euros (Rs 16,398 crore) for this new system. The… Continue reading Continental’s semi-dry brake system gets orders worth over 2 billion euros

Skoda celebrates production milestones: 750,000th Kodiaq, 4m EA211 engines, 15m transmissions

Skoda celebrates production milestones: 750,000th Kodiaq, 4m EA211 engines, 15m transmissions Skoda Auto has recorded three production milestones since the start of the month: the 750,000th Kodiaq SUV rolled off the production line in Kvasiny, while the carmaker had also produced four million EA211 engines and 15 million of the latest-generation transmissions. Both these components… Continue reading Skoda celebrates production milestones: 750,000th Kodiaq, 4m EA211 engines, 15m transmissions

Automovill raises Rs 2.15 crore in pre-series A round led by Inflection Point Ventures

Automovill raises Rs 2.15 crore in pre-series A round led by Inflection Point Ventures Automovill, a mobility services provider, has raised Rs 2.15 crore in a Pre-Series A round led by Inflection Point Ventures. The company has said the funds raised will primarily be used to expand the current scope of capital expenditure, including improving operations and broadening… Continue reading Automovill raises Rs 2.15 crore in pre-series A round led by Inflection Point Ventures

ZF manufactures its two millionth electric motor

ZF has achieved the production milestone of two million electric motors. The technology company supplies automotive manufacturers with electric motors for different vehicle types – from hybrid and electric axle drives for electric passenger cars to electric central drives for commercial vehicles. The two million units produced contribute significantly to reducing CO2 emissions. “Our production… Continue reading ZF manufactures its two millionth electric motor

Uno Minda forms JV with Buehler Motor for EV traction motors; Incurs capex of Rs 110 crore

Uno Minda forms JV with Buehler Motor for EV traction motors; Incurs capex of Rs 110 crore Auto component major Uno Minda has entered into a Joint Venture (JV) agreement with Buehler Motor, a Germany-based global supplier of customised mechatronic drive solutions. They will jointly develop, manufacture and market traction motors in India and other… Continue reading Uno Minda forms JV with Buehler Motor for EV traction motors; Incurs capex of Rs 110 crore

Uno Minda forms JV with Buehler Motor for EV traction motors; Incurs capex of Rs 110 crore

Uno Minda forms JV with Buehler Motor for EV traction motors; Incurs capex of Rs 110 crore Auto component major Uno Minda has entered into a Joint Venture (JV) agreement with Buehler Motor, a Germany-based global supplier of customised mechatronic drive solutions. They will jointly develop, manufacture and market traction motors in India and other… Continue reading Uno Minda forms JV with Buehler Motor for EV traction motors; Incurs capex of Rs 110 crore

Volvo Group inaugurates new tech lab in Bengaluru

With an intent to establish the largest technology centre outside of Sweden, Volvo Group today inaugurated its new Vehicle Tech Lab at its Bengaluru campus in India. Located in the software capital’s Bagnane Tech Park in CV Raman Nagar, the new tech lab will have a virtual reality zone, a driving simulator, a 3D printing… Continue reading Volvo Group inaugurates new tech lab in Bengaluru

Volvo begins deliveries of electric trucks with fossil-free steel to customers

In September this year, Volvo Trucks started series production of heavy-duty electric, 44-tonne trucks, as the first global truck manufacturer to achieve this. Some of the electric trucks will also be the first trucks in the world that are built with fossil-free steel. “Our journey to net zero emissions includes both making our vehicles fossil free… Continue reading Volvo begins deliveries of electric trucks with fossil-free steel to customers

Volvo begins deliveries of electric trucks with fossil-free steel to customers

In September this year, Volvo Trucks started series production of heavy-duty electric, 44-tonne trucks, as the first global truck manufacturer to achieve this. Some of the electric trucks will also be the first trucks in the world that are built with fossil-free steel. “Our journey to net zero emissions includes both making our vehicles fossil free… Continue reading Volvo begins deliveries of electric trucks with fossil-free steel to customers

Bosch to invest 10 billion euros in digitalisation and connectivity by 2025

Global component and technology major remains on the offensive in its digital transformation. By 2025, the supplier of technology and services will have invested 10 billion euros (Rs 81,990 crore) in digitalisation and connectivity. Two-thirds of this will go toward developing and expanding promising new technologies, with a focus on sustainability, mobility, and Industry 4.0.… Continue reading Bosch to invest 10 billion euros in digitalisation and connectivity by 2025