Uno Minda Limited announced today its plans to acquire complete ownership of its electric vehicle joint venture by purchasing the remaining 49.9% stake from German partner FRIWO Geratebau GmbH. The Rs 195 Crore transaction includes the acquisition of FRIWO’s stake in UnoMinda EV Systems Pvt Ltd (UMEV), as well as intellectual property rights, know-how, and… Continue reading Uno Minda Takes Full Control of EV Joint Venture in Rs 195 Crore Strategic Acquisition
Author: Autocar_Professional India Online News
Stellantis Expands Tamil Nadu Presence With Three New Dealerships
Stellantis India has strengthened its retail footprint in Tamil Nadu with the opening of three new dealerships in Madurai, Trichy, and Tirunelveli. The facilities, inaugurated on February 14, 2025, represent a significant expansion of the company’s presence in the state where its manufacturing operations are based. The new outlets include ‘Araspvpv Motori Private Limited’ in… Continue reading Stellantis Expands Tamil Nadu Presence With Three New Dealerships
Skill, Set, Go! How Formula Bharat is Readying Tomorrow’s Workforce
A racing track. Vehicles designed by students. Crowds cheering for the fastest cars-all perfect for an adrenaline rush at Formula Bharat. And the end goal? Skilling. As Curiosum Tech, the organisation that hosts Formula Bharat launched the ninth edition of this students’ competition from January 22 to 27, 2025, there was a renewed focus on… Continue reading Skill, Set, Go! How Formula Bharat is Readying Tomorrow’s Workforce
Bajaj Launches ABS-equipped Pulsar NS 125, Targets Young Riders
Bajaj Auto Ltd. has introduced an ABS-equipped variant of its Pulsar NS125 motorcycle, priced at ₹1,06,739 (ex-showroom Delhi). The launch marks a significant safety upgrade for India’s most powerful 125cc motorcycle segment. The new variant features a single-channel Anti-lock Braking System (ABS), building upon the 2024 updates that included LED headlamps, digital console with Bluetooth… Continue reading Bajaj Launches ABS-equipped Pulsar NS 125, Targets Young Riders
Rakesh Srivastava Joins AI Technology Firm BiUP.ai as Advisor
BiUP.ai, an emerging player in the artificial intelligence sector, has appointed former Nissan Motor India Managing Director Rakesh Srivastava as its Mentor and Advisor. The announcement, made in New Delhi on February 14, 2025, marks a significant development for the B2B SaaS platform specializing in AI-driven immersive technology. Srivastava, who brings extensive automotive industry experience… Continue reading Rakesh Srivastava Joins AI Technology Firm BiUP.ai as Advisor
Tata Technologies Launches ‘#Reignite2025’ to Help Women Engineers Restart Careers
Tata Technologies, a global product engineering and digital services company, announced the launch of ‘#Reignite2025”. The gender diversity-focused hiring campaign aims to help women engineers resume their careers after taking breaks through a comprehensive three-stage program offering specialized training and mentorship opportunities. The program addresses a significant challenge faced by women professionals who take career… Continue reading Tata Technologies Launches ‘#Reignite2025’ to Help Women Engineers Restart Careers
Interview | Aniket Kulkarni, Managing Director, Pioneer India
Leading aftermarket in-car entertainment solutions major Pioneer has recently ventured into safety devices such as dashcams, and the company is confident of registering strong growth from the Indian market. In this video, Aniket Kulkarni, Managing Director, Pioneer India, talks about the company’s product innovations for the Indian market as well ambitions to enter into direct-OE… Continue reading Interview | Aniket Kulkarni, Managing Director, Pioneer India
PMI Electro Mobility Raises ₹250 Crore from Investment Consortium
Electric bus manufacturer PMI Electro Mobility Solutions has secured ₹250 crore in funding through a preferential allotment of equity shares from a consortium led by Authum Investment & Infrastructure Limited and Gruhas. The investment comes as the company looks to expand its operations in India’s growing electric vehicle sector. The Gurugram-based company currently operates 2,000… Continue reading PMI Electro Mobility Raises ₹250 Crore from Investment Consortium
BorgWarner Secures Four Electric Motor Contracts with Chinese Automakers
BorgWarner said it has secured four new electric motor projects with three major Chinese automotive manufacturers. These projects involve supplying high-voltage hairpin (HVH) motors for hybrid and electric vehicle platforms. The company will provide 400V HVH motors for a 200kW hybrid rear-drive platform of a leading Chinese new energy vehicle (NEV) manufacturer. Production is scheduled… Continue reading BorgWarner Secures Four Electric Motor Contracts with Chinese Automakers
Hyundai India Marks 25 Years of Exports, Ships 3.7 Million Vehicles Since 1999
Hyundai Motor India Limited (HMIL) has exported 3.7 million passenger vehicles since beginning its export operations in 1999, the company announced on February 14, 2025. The automaker currently exports to over 60 countries, with Saudi Arabia, South Africa, Mexico, Chile, and Peru emerging as its largest export markets in 2024. The company exported 158,686 vehicles… Continue reading Hyundai India Marks 25 Years of Exports, Ships 3.7 Million Vehicles Since 1999