Advanced vehicle diagnostic systems provider UVeye, has received an investment from the capital venture arm of General Motors, GM Ventures to help fund the company’s development and commercialisation of its technology. In addition, UVeye has also entered into a commercial agreement with General Motors to expand its automated high-speed systems to GM dealerships in various markets. The two companies… Continue reading GM invests in UVeye to enhance customer service
Author: Autocar_Professional India Online News
ZF develops modular system for special vehicles
At Interschutz 2022, ZF will be showcasing for the first time a new modular drive system for special vehicles that guarantees manufacturers maximum flexibility and reliability for extreme use cases. Comprising an automatic transmission, transfer case and electric motor, the modular concept is perfectly equipped for heavy use on rough terrain, airports, construction sites and… Continue reading ZF develops modular system for special vehicles
Autoliv adapts to new business conditions, targets 12-17% growth in 2022
Autoliv, the global leader in automotive safety systems, is adapting to new business conditions and is beginning to see results from its price increase negotiations with customers to offset inflationary pressures. According to the company, year-to-date, global LVP (light vehicle production) has been limited by supply side issues and COVID-19 related lockdowns in China, rather… Continue reading Autoliv adapts to new business conditions, targets 12-17% growth in 2022
Fixcraft acquires auto spares brand, VMotive
Vivek Sharma, Founder and CEO, Fixcraft says the acquisition will deepen its play in the repair and after sales segment Fixcraft, a car repair and service startup has acquired VMotive, the automotive spares brand of Vogo. As part of the acquisition, employees of V-Motive will also join Fixcraft. The company said that with the acquisition, it… Continue reading Fixcraft acquires auto spares brand, VMotive
Bharat Forge consolidates EV business
Bharat Forge has decided to consolidate its electric vehicle (EV) business initiatives under Kalyani Powertrain Limited (KPL), a wholly-owned subsidiary of the company. The company’s Investment Committee – Strategic Business’ of the company – approved the transfer of Bharat Forge’s stake in Refu Drive GmbH, a JV company, to KPL subject to necessary approvals from… Continue reading Bharat Forge consolidates EV business
80 percent Urus buyers are first-time Lamborghini owners
“The Lamborghini Urus is a real gamechanger for us,” says Sharad Agarwal, head, Lamborghini India, after introducing the Italian marque’s conventionally-powered, V12 roadster, the Aventador Ultimae, in New Delhi on June 15. The Urus, a departure from typical low-slung sports cars of the likes of the Aventador and Huracan, was introduced in July 2018, and… Continue reading 80 percent Urus buyers are first-time Lamborghini owners
Ntorq 125 Race XP powers ahead
Before the slump in sales triggered by a series of price increments due to the regulatory requirements on additional safety equipment such as ABS and CBS that became effective in April 2019, and the further price hikes due to BS VI emission requirements a year later, scooters were riding in the fast lane. A popular… Continue reading Ntorq 125 Race XP powers ahead
Govt relaxes fuel supply authorisation norms
The Centre on Friday announced the relaxing of criteria for grant of authorisation for marketing of transportation fuel to facilitate greater participation from the private sector oil companies. The extension of the universal service obligation (USO) is aimed at maintaining petrol and diesel supplies during the specified working hours ,and in specified quality and quantity. This has been done… Continue reading Govt relaxes fuel supply authorisation norms
Volvo Energy invests in Connected Energy
Volvo Energy has joined a slew of new investors such as Caterpillar VC Inc, Mercuria and OurCrowd and Hinduja Group to invest in Newcastle, UK-based Connected Energy which makes second-life vehicle batteries into commercial battery storage systems. Connected Energy has 16 operational systems across Europe in countries like Belgium, Germany, and the Netherlands with its… Continue reading Volvo Energy invests in Connected Energy
Mumbai college aims for the stars in Formula Student contest
A team of engineering students from KJ Somaiya College in Mumbai are looking forward to taking part in the Formula Student Electric 2022 at which they will showcase their all-electric Formula 4 race car. Orion Racing’s race car named Lemnos was displayed earlier this week at the Godrej & Boyce plant in Vikhroli, a Mumbai… Continue reading Mumbai college aims for the stars in Formula Student contest