Author: Autocar_Professional India Online News

Omega Seiki plans Rs 1,900 crore electric three-wheeler plant in Karnataka

Omega Seiki Mobility has announced its plans to set-up an electric three-wheeler manufacturing facility in Karnataka, which it claims will be the world’s largest with an investment of $250 million (Rs 1,900 crore). The company says the new facility will be built in three phases and will have a production capacity of a million electric… Continue reading Omega Seiki plans Rs 1,900 crore electric three-wheeler plant in Karnataka

TVS to invest £100 million in Norton Motorcycles

TVS Motor Company will invest an additional investment in Norton Motorcycles, the British brand it acquired in April 2020.  In a stockmarket filing, the company said the investment will be towards electrification, technology, manufacturing, sustainability and the future of mobility. This announcement was made on the side lines of the UK prime minister, Boris Johnson’s visit to India The… Continue reading TVS to invest £100 million in Norton Motorcycles

Sona Comstar teams up with Canadian startup for magnet-less motors

Sona Comstar has formed a strategic partnership with Canada-based  Enedym Inc. to develop the next-generation  of switched reluctance motors (SRMs), electric propulsion, and electrified powertrains for the Indian market. Under the agreement, both the parties will develop SRM drive platforms for all kinds of Indian road and usage conditions targeting the three wheeler electric vehicles,… Continue reading Sona Comstar teams up with Canadian startup for magnet-less motors

`Ather’s strongest muscle is its engineering capability’

Electric scooter maker, Ather Energy will focus on lowering its cost structure as part of an effort to make the brand more accessible to end-users.   “We have to invest a lot more time in engineering because the current cost structures that the industry has are not super long-term viable,” Tarun Mehta, Co-founder and CEO, told Autocar… Continue reading `Ather’s strongest muscle is its engineering capability’

Sany’s localisation plan pays off

Sany India, the wholly owned subsidiary of Sany Heavy Industry, a China-based construction equipment company is banking on India’s ‘Make-in-India’ programme to enhance its footprint in the world’s third largest construction equipment (CE)  industry. Deepak Garg, Managing Director, Sany Heavy Industry ( India)  told  Autocar Professional that his company has invested over Rs 3000-3500 crore over… Continue reading Sany’s localisation plan pays off

Pinnacle Industries’ electric foray gathers momentum

When EKA, the wholly-owned arm of Pinnacle Industries, the Pune-based component manufacturer unveiled its 9-metre electric bus in Pune in early April, it was undoubtedly a major milestone for the company. The company’s top leadership is categorical that it wants to play a key role in India’s emerging EV space, and be a disruptor. As… Continue reading Pinnacle Industries’ electric foray gathers momentum

Shell Advance Fuel Save 10W-30 launched for two-wheelers

Shell India, a leading lubricant company launched the Shell Advance Fuel Save 10W-30, which it claims is engineered to enhance fuel economy and bring about savings. Priced at Rs 670 a litre, the lubricant is available in 1-litre packs across India. According to Shell India, using the new lubricant will lead to savings of around Rs… Continue reading Shell Advance Fuel Save 10W-30 launched for two-wheelers

Volvo Cars Tech makes strategic investment in StoreDot

Volvo Cars, through Volvo Cars Tech Fund has made a strategic investment in Israel-based StoreDot, which is working on extreme fast charging technologies for electric vehicles. Meir Halberstam, CFO, StoreDot said “We are moving closer to the mass production of our batteries and this investment from Volvo Cars Tech Fund is yet another huge vote… Continue reading Volvo Cars Tech makes strategic investment in StoreDot

Prabhakar Kadapa joins Etrio board

Hyderabad-headquartered EV-maker Etrio Automobiles announced Prabhakar Kadapa, an automotive industry veteran with over 39 years experience, has joined the company’s board. Kadapa, till recently, served as the CEO and MD of PSA AVTEC Powertrain (a JV of PSA Groupe, France and CK Birla Group) as well as the CEO and MD at AVTEC (A CK… Continue reading Prabhakar Kadapa joins Etrio board