Author: Autocar_Professional India Online News

LG and Magna to manufacture electric powertrain components

LG Magna e-Powertrain headquarters in Incheon, South Korea LG Electronics and Magna International have signed a transaction agreement to set up a joint venture between the two companies. The new company, to be called LG Magna e-Powertrain, is headquartered in Incheon, South Korea and will be led by a strong management team. Leading the new company will… Continue reading LG and Magna to manufacture electric powertrain components

Benteler develops pioneering door concept without B-pillar

German metal processing specialist company Benteler has developed a new door concept that removes the need for a B-pillar. This production-ready product is even lighter than existing solutions on the market and offers improved safety and material features. It not only makes mobility lighter, safer and more sustainable but also more convenient and makes vehicle… Continue reading Benteler develops pioneering door concept without B-pillar

CATL unveils sodium-ion batteries, claims 80% charge in 15 minutes

Contemporary Amperex Technology Co Ltd (CATL) has unveiled its first-generation sodium-ion battery, together with its AB battery pack solution, which is able to integrate sodium-ion cells and lithium-ion cells into one pack. Sodium-ion batteries are billed as a new solution for the use of clean energy and transportation electrification, aimed at early realisation of the… Continue reading CATL unveils sodium-ion batteries, claims 80% charge in 15 minutes

Mercedes-Benz extends contract with Capgemini for software development till 2024

French multinational information technology company Capgemini has been awarded a contract extension by Mercedes-Benz until 2024 for the development and maintenance of the core Electric/Electronic Product Data Management (EE-PDM) application in an R&D environment. The EE-PDM application is used for the development and documentation of electronic vehicle components and was implemented by an international team… Continue reading Mercedes-Benz extends contract with Capgemini for software development till 2024

Dana to supply e-drivetrain components to Switch Mobility, also takes 1% stake

Dana, the global leader in drivetrain and e-propulsion systems, and Switch Mobility, the electrified commercial vehicles company and subsidiary of Ashok Leyland, have announced a strategic agreement. Dana is to make a strategic investment in Switch Mobility and will also be a preferred supplier of electric drivetrain components for the company’s e-bus and EV commercial… Continue reading Dana to supply e-drivetrain components to Switch Mobility, also takes 1% stake

Maruti Suzuki India’s Q1 margin hit due to rising commodity prices

India’s largest carmaker, Maruti Suzuki India’s Q1 margins hit multi-quarter lows and the Q1FY2022 profit slipped significantly from Q4FY2021 due to rising raw material prices.  MSIL’s Q1FY2022 net revenue came in at Rs 16,798.7 crore compared to Rs 3,677.5 crore revenue recorded in Q1FY2021. The jump seems significant on account of a lower base in… Continue reading Maruti Suzuki India’s Q1 margin hit due to rising commodity prices

Anand Group and Mando set up JV to tap electric 2-, 3W parts market

The multi-company Anand Group and Mando Corporation are to set up a new joint venture called Anand Mando eMobility, aimed at tapping the growing market for two- and three-wheeler powertrain electrification. The Anand Group will hold a majority stake of 60% in the JV, with Mando Corporation the balance 40%. This will be the second… Continue reading Anand Group and Mando set up JV to tap electric 2-, 3W parts market

Hyundai opens spanking new HQ in Gurgaon, likely to set up in-house design studio

Hyundai Motor India (HMI), which is celebrating its silver jubilee in India, inaugurated its new corporate headquarters in Gurgaon today. The new 10-storied headquarter in Gurgaon, which is Delhi-NCR’s IT belt, is a greenfield project spread across 28,000 square metres. Work on this project had first commenced in February 2018. Hyundai moved to this bigger… Continue reading Hyundai opens spanking new HQ in Gurgaon, likely to set up in-house design studio

SsangYong reveals design of next-gen SUV

SsangYong Motor Company (SMC), owned by India’s Mahindra Group, has released the design of its next-generation SUV. Under the code name of X200, the new car carries the brand’s newly created design vision and philosophy, presenting the value and future direction of its new products. A spokesperson for SMC said: “The design of the new… Continue reading SsangYong reveals design of next-gen SUV