Axis Bank, India’s third-largest private sector bank has partnered Hyundai Motor India (HMIL), to offer auto retail financing solutions to its customers through Hyundai’s end-to-end online automotive retail platform ‘Click to Buy’ (CTB). In a continuous effort to provide seamless digital solutions to its customers, Axis Bank says through this partnership with HMIL will allow… Continue reading Axis Bank partners Hyundai Motor India to provide digital smart financial solutions
Author: Autocar_Professional India Online News
JK Tyre becomes exclusive OE supplier for top-end variants of Hyundai Creta
JK Tyre & Industries a leading tyre manufacturer and the pioneer of radial tyre technology has announced that it has become an exclusive tyre partner with Hyundai Motor India for its highest selling SUV, Creta. The company says over the years it has introduced hi-technological products that are best suited for Indian roads. Through this… Continue reading JK Tyre becomes exclusive OE supplier for top-end variants of Hyundai Creta
Apple iPhone maker Foxconn ramps up EV ambitions with Byton deal
Taiwanese electronics giant Foxconn, which contract-manufactures products such as the Apple iPhone, has taken a major stake in struggling EV start-up Byton in a move set to accelerate its expansion into the car industry. Chinese-owned Byton was launched in 2017 and has shown a range of concept cars since then. It had been developing its M-Byte SUV… Continue reading Apple iPhone maker Foxconn ramps up EV ambitions with Byton deal
India the new volume growth driver for Kia Motors
After registering a 5.9 decline in its CY2020 global sales due to serious challenges posed by the Covid-19 pandemic, Kia Motors is preparing a brand transformation in 2021, based on its ‘Plan S’ business strategy. The Korean automaker registered cumulative sales of 2.61 million units in 2020, but is now targeting to sell 2.92 million… Continue reading India the new volume growth driver for Kia Motors
M&M to use part of funds kept for shelved Ford JV to develop new EV platform
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Fisker plots “radical” electric pick-up to take on Tesla Cybertruck
Fisker CEO Henrik Fisker posted the above render on Twitter. Fisker has revealed that it is considering a “radical” pick-up bodystyle for its next production vehicle, following the 2022 Ocean electric SUV – and has previewed how it could look. Sharing a render of the firm’s mooted second model on Twitter, Fisker CEO Henrik Fisker said the new electric… Continue reading Fisker plots “radical” electric pick-up to take on Tesla Cybertruck
Tata Motors partners Karnataka Bank to provide retail finance to car buyers
Tata Motors, a leading car, and commercial vehicle manufacturer has signed a Memorandum of Understanding (MoU) with Karnataka Bank in a joint effort to introduce attractive financing offers for its car buyers. Tata Motor customers can select from a variety of schemes on their future vehicle purchase available across 857 branches of Karnataka Bank which… Continue reading Tata Motors partners Karnataka Bank to provide retail finance to car buyers
Pure EV develops AI-system to automatically resolve defects in lithium-ion batteries
IIT Hyderabad-incubated startup Pure EV has announced that it has developed an Artificial Intelligence-driven hardware that automates identification and repair of defects in lithium-ion batteries of electric vehicles. The company says its next-generation technology completely does away with the requirement for customers to visit a service centre to address battery defects. Pure EV researchers have… Continue reading Pure EV develops AI-system to automatically resolve defects in lithium-ion batteries
Mahindra likely to sign term sheet with new SsangYong investor next week
India’s Mahindra & Mahindra, which holds a majority 74.65 percent stake in Korean carmaker SsangYong Motor Company (SYMC) has divulged that it is in talks with a new investor to give up its charge of South Korea’s fourth-largest carmaker, albeit one which has been struggling to cope up with the recent dynamics in the global… Continue reading Mahindra likely to sign term sheet with new SsangYong investor next week
Folks Motor develops hybrid-electric retrofit solution for cars in India
As sustainability and environment consciousness pick up pace in the automobile industry, there is a growing need for greener mobility solutions to cut down the emissions coming from vehicles at least at the tail-pipe level. While the recent BS VI emission norms have put a strict boundary around OEMs to devise methods to reduce vehicular… Continue reading Folks Motor develops hybrid-electric retrofit solution for cars in India