There are growing indications that the ASEAN could be seeing growth in electric mobility in the near future. According to an LMC Automotive report, there have recent developments in vehicle electrification in South East Asia, especially in the region’s two key markets of Indonesia and Thailand. Indonesia, which has one of the world’s richest reserves… Continue reading Indonesia and Thailand bet big on vehicle electrification
Author: Autocar_Professional India Online News
Mahle develops magnet-free electric motor
The new traction motor from Mahle is wear-free, compact, and not dependent on rare earth elements. Mahle has announced development of a new kind of magnet-free electric motor that does not require rare earth elements. This not only makes production more environmentally compatible, but also brings advantages in terms of costs and resource security. The… Continue reading Mahle develops magnet-free electric motor
App-based fuel delivery service starts operation in Mumbai
The Fuel Delivery, an app-based door-to-door fuel delivery service provider has announced the formal launch of its Mumbai operations. The start-up aims to cater to sectors like real estate (both under construction and occupied projects), hospitals, corporate office parks, schools and institutions, banks, shopping malls, warehouses, and the agricultural sector. The company says given the… Continue reading App-based fuel delivery service starts operation in Mumbai
Waaree Energy raises $2 million in seed funding for EV battery tech
Waaree Energy Storage Systems (WESS), part of the Mumbai-headquartered Waaree Group has raised $2 million (Rs 14 crore) from HNI’s in seed funding. The newly infused operating capital will drive expansion of WESS’s manufacturing capabilities and aid product development with emphasis on smart IOT-based batteries for electric vehicles. WESS says it is addressing demands of… Continue reading Waaree Energy raises $2 million in seed funding for EV battery tech
Bosch, Shell and VW develop renewable petrol with 20% lower CO₂ emissions
The new fuel, called Blue Gasoline, like R33 Blue Diesel, contains up to 33% renewables, ensuring a well-to-wheel reduction in carbon emissions of at least 20% per kilometre driven. Following on from renewable low-carbon fuels like R33 Blue Diesel, Bosch, Shell and Volkswagen have now come up with a low-carbon gasoline (petrol). Their new fuel, called… Continue reading Bosch, Shell and VW develop renewable petrol with 20% lower CO₂ emissions
Mahindra to acquire Meru for Rs 97.66 crore, Pravin Shah appointed CEO
In continuation of its strategic intent to grow its presence in the shared mobility space, Mahindra & Mahindra has entered into definitive agreements with shareholders of Meru Travel Solutions (Meru) to buy their respective stakes in ride sharing company Meru. M&M is to acquire 44.14% shares from private equity investor, True North and others for an amount not… Continue reading Mahindra to acquire Meru for Rs 97.66 crore, Pravin Shah appointed CEO
Samvardhana Motherson Group completes Plast Met acquisition
Indian Tier 1 automotive components major, Samvardhana Motherson Automotive Systems Group has announced successful closure of its acquisition of a majority stake in Turkey’s Plast Met Group, through its subsidiary – Samvardhana Motherson Reflectec (SMR). The automotive giant had initiated the acquisition earlier this year in January, wherein the company was looking to acquire a… Continue reading Samvardhana Motherson Group completes Plast Met acquisition
Bosch sets up JV with China’s Qingling Motors for fuel cells
Bosch is taking the next step to help fuel cells as emission-free drive solutions achieve a global breakthrough. Together with the premium commercial vehicle manufacturer Qingling Motors, the company has now established a joint venture in China, named Bosch Hydrogen Powertrain Systems (Chongqing) Co. The new company will develop, assemble and market fuel cell systems… Continue reading Bosch sets up JV with China’s Qingling Motors for fuel cells
Ola to extend electric drive to cars
Ola Electric, which is busy building a mega factory in Tamil Nadu for its foray into the electric two-wheeler industry, is now gearing up to enter the Indian electric passenger vehicle (PV) segment. From the looks of it, the company aims to gain an early mover advantage in this nascent EV space that just has… Continue reading Ola to extend electric drive to cars
Tenneco supplies intelligent suspension to BMW iX3
The BMW iX3, the German automaker’s first all-electric SUV, will feature an optional Continuously Variable Semi-Active Suspension with external valve (CVSAe) technology from Tenneco. The new crossover SUV, the first of 13 BMW next-generation EVs scheduled for launch by 2023, will be available in Europe and China later this year. The CVSAe suspension, one of… Continue reading Tenneco supplies intelligent suspension to BMW iX3