Ramkrishna Forgings has bagged a four-year export order worth Rs 1150 crore from a European Tier 1 supplier of new differential housing case business. Lalit Khetan, Executive Director & CFO, Ramkrishna Forgings said, “It gives us great pleasure to announce the award of new Differential housing case business by one of the major global Tier… Continue reading New Rs 1150 crore order win for Ramkrishna Forgings
Author: Autocar_Professional India Online News
OEMs must push for the best regulations
India needs to design and develop its own systems for safety, and which are optimised for the Indian market, said Alejandro Furas, secretary general, Global NCAP. He was speaking at an online event on safety in the Indian automotive market. His keynote address entitled “Raising the bar on vehicle safety” was delivered as part of… Continue reading OEMs must push for the best regulations
Switch Mobility unveils new electric bus for European market
Switch Mobility unveiled the new fourth generation Switch e1 bus, a fully electric bus tailored for the European market. The Switch e1 combines a lightweight monocoque construction with advanced NMC battery technology. With a 389kWh battery capacity and ZF hub motors, it is possible to fast charge the Switch e1 in under 3 hours and… Continue reading Switch Mobility unveils new electric bus for European market
Vincent Cobee: ‘We will be respectful of Indian customers and create value’
You have launched the C5 Aircross earlier in a very small way but the C3 obviously is the big one. It seems like a very measured launch for Citroen in India. Don’t you think a bigger bang approach is better?We have looked at the Indian market for quite some time and it is extremely competitive, and very… Continue reading Vincent Cobee: ‘We will be respectful of Indian customers and create value’
Why Carlos Tavares is betting big on India
Carlos Tavares is clearly someone who thinks long term. The CEO of Stellantis is also a pragmatist who takes one thing at a time. These two traits came through strongly during a recent virtual meeting with select Indian journalists in Chennai where Tavares dwelt upon the Jeep and Citroen brands, the imperatives of electrification and… Continue reading Why Carlos Tavares is betting big on India
InoBat and Green Lithium agree on strategic partnership
InoBat, supplier of batteries for electric vehicles and Green Lithium, an innovative mineral processing company agreed a strategic partnership to build and operate the first large-scale commercial lithium refinery in the UK. The two companies will work together to accelerate the development of a ‘cradle-to-cradle’ UK battery value chain, from the provision of low-carbon lithium… Continue reading InoBat and Green Lithium agree on strategic partnership
Volvo Car India announces local assembly of XC40 Recharge, launch in July
Volvo Car India announced that its all-electric offering the XC40 Recharge will be assembled in India for the local market at the company’s Hosakote plant near Bengaluru, Karnataka. The launch is planned in July with expected deliveries starting in October this year. Volvo Car India targets introducing a new all-electric model every year commencing 2022.… Continue reading Volvo Car India announces local assembly of XC40 Recharge, launch in July
May sales cause of cheer but still short of pre-Covid levels : FADA
The Federation of Automobile Dealers Associations (FADA)’s retail sales data for May 2022 saw sales across all vehicle categories increase three-fold but these numbers have to be seen against an extremely low base of May 2021 when the country witnessed its devastating second Covid wave with curfews, and lockdowns that almost brought the country to… Continue reading May sales cause of cheer but still short of pre-Covid levels : FADA
Digital retail picks up pace
Auto dealerships in India are staring at an existential crisis amid a growing digitalisation, rapidly changing buyer behaviour and shrinking margins. This is making the need to scale up and re-invent by investing in people, processes and technology even more imperative, said auto industry veterans, top officials from insurance and finance companies and government functionaries… Continue reading Digital retail picks up pace
Maruti sets up 20 MWp solar plant at Manesar
Reinforcing its commitment to maximize the use of renewable energy in operations, Maruti Suzuki India has set up a 20 MWp solar power plant at its Manesar facility. The initiative will contribute 28,000 MWH2 per annum of company’s energy requirements. The power generated would be equivalent to the energy required for the production of over 67,000 cars… Continue reading Maruti sets up 20 MWp solar plant at Manesar