FEV opens world’s largest high-voltage battery development centre

Professor Stefan Pischinger, President and CEO of FEV Group, inaugurated the world’s largest development and test center for high-voltage batteries for passenger and commercial vehicles on September 25, in the presence of Minister President of the federal state of Saxony-Anhalt, Dr. Reiner Haseloff. The durability testing center (known by its German abbreviation eDLP), set up… Continue reading FEV opens world’s largest high-voltage battery development centre

Volkswagen India launches digitally integrated service outlet for used-car business

German automajor Volkswagen Passenger Cars India has launched its digitally integrated service outlets for pre-owned cars christened – Das WeltAuto (DWA) Excellence Centres, through virtual inauguration of five outlets in a day across key cities of Coimbatore, Hyderabad, Bangalore, Cochin and Thrissur. Through this initiative, Volkswagen aims to strengthen its one-stop solution to buy, sell… Continue reading Volkswagen India launches digitally integrated service outlet for used-car business

Hella reports better than expected results in first three months of fiscal year 2021

Automotive lighting major Hella has announced that despite the continuing highly negative effects of the Covid-19 pandemic on the global automotive industry, it witnessed better than originally expected results for the first three months of fiscal year 2020/2021. The currency and portfolio-adjusted consolidated sales in the first quarter (June to August 2020) dropped by 10.6… Continue reading Hella reports better than expected results in first three months of fiscal year 2021

Hyundai Motor Group appoints Alain Raposo to lead powertrain tech unit

Hyundai Motor Group announced today it has appointed Alain Raposo as Executive Vice President in charge of its Powertrain Tech Unit at the Group’s Research and Development Division. Alain Raposo will be responsible for engine, transmission and electrification development for Hyundai and Kia brands at Hyundai Motor Group’s global R&D headquarters, starting on September 28.… Continue reading Hyundai Motor Group appoints Alain Raposo to lead powertrain tech unit

MG Motor India begins booking for Gloster SUV

L-R: Rajeev Chaba, president & MD, MG Motor India and Gaurav Gupta, chief commercial officer, MG Motor India unveil the MG Gloster SUV. British carmaker MG Motor India has unveiled its premium SUV offering the MG Gloster, which it says is the country’s first Autonomous (Level 1) vehicle. The Gloster SUV is as the OEMs… Continue reading MG Motor India begins booking for Gloster SUV

Lithium-ion battery cell cost to fall to $73 by 2030: IHS Markit

The average cost of a lithium-ion (Li-ion) battery cell, which is used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added, will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit.… Continue reading Lithium-ion battery cell cost to fall to $73 by 2030: IHS Markit

SEAT names Wayne Griffiths as its new president

As SEAT’s new president, Wayne Griffiths will lead the company and its two brands from October 1. The SEAT Board of Directors chaired by Volkswagen Group Chief Executive Officer Herbert Diess has appointed Wayne Griffiths as the new President of the SEAT company, effective October 1. Griffiths will also continue as CEO and President of… Continue reading SEAT names Wayne Griffiths as its new president

Difficult market situation to see Continental and Osram repatriate lighting systems JV

Around two-and-a-half years after Continental and Osram confirmed their new JV to leverage their expertise in lighting and electronics, the Continental Executive Board has decided to repatriate the joint venture with Osram. Continental and Osram each have a half share in the joint venture, which was founded in 2018 and specializes in intelligent lighting systems for… Continue reading Difficult market situation to see Continental and Osram repatriate lighting systems JV

Mercedes-Benz Research and Development India selects Capgemini for delivery transformation and operational excellence

Representational image courtesy: Capegemini Global IT-services provider Capgemini has been selected by Mercedes-Benz Research and Development India (MBRDI) to provide application development and maintenance services. The company says the contract was awarded as part of a vendor consolidation exercise, where Capgemini was selected as one of the major partners in this multi-vendor deal, for its… Continue reading Mercedes-Benz Research and Development India selects Capgemini for delivery transformation and operational excellence

BASF to reduce 2,000 headcount from Global Business Services unit by end-2022

BASF is planning realignment of its Global Business Services unit. The division was set up on January 1, 2020, as part of the implementation of BASF’s corporate strategy. As of that date, around 8,400 employees worldwide were transferred to Global Business Services and since then have been providing services for BASF’s business units, ranging from… Continue reading BASF to reduce 2,000 headcount from Global Business Services unit by end-2022