Young-jo Ji, president of Hyundai Motor Group’s innovation division, and Sajib Jesudas, president of UL Commercial, signed the agreement for SLBESS product certification and demonstration. Hyundai Motor Group is working with UL, a global safety certification company, to strengthen the safety of the Second Life Battery Energy Storage System (SLBESS) for electric vehicles. On July… Continue reading Hyundai to enhance safety of reused EV batteries
Author: Autocar_Professional India Online News
UVeye gets $60 million investment in Series C funding to support global expansion
Israel-based UVeye, a supplier of high-speed vehicle inspection systems for the auto industry has received $60 million (Rs 445 crore) in additional funding to support its global expansion plans. The company says CarMax, W.R. Berkley Corporation and F.I.T. Ventures are among the participants in UVeye’s Series C funding round. UVeye counts Volvo Cars, Hyundai Motors… Continue reading UVeye gets $60 million investment in Series C funding to support global expansion
EVs universally superior at combating climate change: ICCT
A new comprehensive analysis by the International Council on Clean Transportation (ICCT) has found that – in all modelled regions from across the world – a battery electric vehicle (BEV) sold today will emit less greenhouse gas emissions (GHGs) compared to all other fuels and drivetrains over the life of the vehicle, from raw material extraction to… Continue reading EVs universally superior at combating climate change: ICCT
GKN Automotive developing modular 800V electric drivetrains
British engineering firm GKN Automotive will ramp up development of its next-generation electric powertrain hardware, because of the increasing demand for EVs. The automotive components supplier will accelerate production of new ‘eDrive’ technologies using 800V electrics, which the firm says allows for faster charging times, increased driving range and higher levels of performance. The company’s eDrive system has been in… Continue reading GKN Automotive developing modular 800V electric drivetrains
BASF and Porsche to develop high-performing lithium-ion battery for EVs
BASF has been selected by Cellforce Group, a joint venture between Porsche and Customcells, as the exclusive cell development partner for its next-generation lithium-ion battery. As part of the collaboration, BASF will provide high-energy HED NCM cathode active materials to contribute to high-performance battery cells for fast charging and high energy density. Cellforce Group, based in… Continue reading BASF and Porsche to develop high-performing lithium-ion battery for EVs
350 EV charging stations installed across India under FAME
As global initiatives to achieve net zero emission gain momentum, India too is pushing the pedal to the metal. As many as 350 EV charging stations have been installed across the country under the Faster Adoption and Manufacturing of Hybrid and EV (FAME) scheme. Krishan Pal Gurjar, Minister of State for Heavy Industries informed the Parliament that his… Continue reading 350 EV charging stations installed across India under FAME
Volkswagen India showrooms to sport new brand design and logo
Volkswagen Passenger Cars India today announced the implementation of the carmaker’s new brand design and logo across all its 150 dealerships in the country. The German carmaker had first revealed the new logo and brand design at the 2019 Frankfurt Motor Show. Volkswagen’s rebranding is one of the largest projects globally covering 171 markets in… Continue reading Volkswagen India showrooms to sport new brand design and logo
Sonalika opens new harvester plant in Himachal Pradesh
New Sonalika Samrat combine harvester is produced at the Amb plant in Himachal Pradesh. The Sonalika Group has set up a new high-tech harvester manufacturing facility at Amb in Himachal Pradesh, with an investment of Rs 200 crore. The company has also rolled out a new harvester called Sonalika Samrat at Rs 25.5 lakh. Spread… Continue reading Sonalika opens new harvester plant in Himachal Pradesh
Used car retailer Spinny raises Rs 800 crore in Series D Round funding
Spinny founders Niraj Singh; Mohit Gupta and Ramanshu Mahaur. Spinny, a used car retailing platform in India, has closed its Series D Funding round with $108 million (Rs 800 crore) from new and existing investors. The round was led by Tiger Global, which has alspo backed a number of Indian unicorns such as Flipkart, Byju’s,… Continue reading Used car retailer Spinny raises Rs 800 crore in Series D Round funding
Kirloskar Group gets future-ready
With the need to be future-ready, the Kirloskar Group of companies led by Atul and Rahul Kirloskar has announced a new focus on getting into customer-centric segments. With this refresh, the company also acquired a new logo. The five companies that have got the brand refresh include Kirloskar Oil Engines, Kirloskar Chillers, Kirloskar Pneumatic, Kirloskar… Continue reading Kirloskar Group gets future-ready