Tube Investments acquires 50 percent equity stake in X2Fuels and Energy

Tube Investments of India (TII), part of the Murugappa Group, has acquired a 50 percent stake in X2Fuels and Energy. The acquisition would be by subscribing to 10,753 equity shares for a total consideration of Rs 6.15 crore. The company said it has been exploring growth opportunities in energy related products. This is in line… Continue reading Tube Investments acquires 50 percent equity stake in X2Fuels and Energy

Stellantis plans new retailer model in Europe to enhance customer satisfaction across brands

Stellantis plans new retailer model in Europe to enhance customer satisfaction across brands Stellantis is accelerating execution of its ‘Dare Forward 2030 Strategic Plan’ with the ambition to be number one in customer satisfaction in all markets, in both products and services. Dare Forward 2030 paves the way for Stellantis’ carbon neutrality by 2038 while achieving its ambition to… Continue reading Stellantis plans new retailer model in Europe to enhance customer satisfaction across brands

Stellantis plans new retailer model in Europe to enhance customer satisfaction across brands

Stellantis plans new retailer model in Europe to enhance customer satisfaction across brands Stellantis is accelerating execution of its ‘Dare Forward 2030 Strategic Plan’ with the ambition to be number one in customer satisfaction in all markets, in both products and services. Dare Forward 2030 paves the way for Stellantis’ carbon neutrality by 2038 while achieving its ambition to… Continue reading Stellantis plans new retailer model in Europe to enhance customer satisfaction across brands

Toyota Kirloskar to continue Innova Crysta diesel, post Innova Hycross launch

Having sold over a million Innovas in the country over a 17-year period, Toyota Kirloskar will be unveiling an all-new avatar of its best-selling model today. Sources say that while the new-gen Innova Hycross in its third generation will raise the bar on performance, safety and fuel efficiency with petrol and hybrid versions, Toyota is… Continue reading Toyota Kirloskar to continue Innova Crysta diesel, post Innova Hycross launch

Continental develops lighter brake caliper for EVs

Technology and component major Continental has announced development of a new brake design which will help deliver additional range to electric vehicles. The so-called ‘Green Caliper’, a newly developed brake caliper for disc brakes, is significantly lighter than previous designs and has a lower residual brake torque. In combination with the brake disc, the lower… Continue reading Continental develops lighter brake caliper for EVs

Continental develops lighter brake caliper for EVs

Technology and component major Continental has announced development of a new brake design which will help deliver additional range to electric vehicles. The so-called ‘Green Caliper’, a newly developed brake caliper for disc brakes, is significantly lighter than previous designs and has a lower residual brake torque. In combination with the brake disc, the lower… Continue reading Continental develops lighter brake caliper for EVs

Infosys to digitise and automate processes at Envision AESC’s EV battery plants

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

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