Autocar_Professional India Online News – Page 290

Ola regains No. 1 e2W title in January, outsells TVS and Bajaj Auto

January 2025, which is the first month of the current calendar year and the 10th of the current fiscal year (FY2025) has witnessed retail sales of 97,677 electric two-wheelers, up 19% year on year (January 2024: 82,149 units). This is as per the latest sales data on the Vahan portal (February 1, 2025, 7am). Cumulative… Continue reading Ola regains No. 1 e2W title in January, outsells TVS and Bajaj Auto

Ola regains No. 1 e2W title in January, outsells TVS and Bajaj Auto

Hero MotoCorp’s electric vehicle business to become fully independent unit

Hero MotoCorp Ltd announced on Friday that it would move the electric vehicle and Emerging Mobility Business Unit (EMBU) into a fully independent unit from February 1. The EMBU was created by the automaker in 2019 to drive innovations in emerging mobility, including electric vehicles. The EV & Emerging Mobility Business Unit will transition to… Continue reading Hero MotoCorp’s electric vehicle business to become fully independent unit

Why Electra EV chose edge computing, and not cloud computing, for its SDV offering

EV powertrain supplier Electra EV has decided to change its IT infrastructure strategy by relying more on edge computing rather than cloud-based systems for its recently launched Software-Defined Vehicle (SDV) offerings. “We don’t rely on the cloud, we rely on the edge,” said Samir Yajnik, CEO & Executive Director of Electrodrive Powertrain Solutions, emphasizing the company’s… Continue reading Why Electra EV chose edge computing, and not cloud computing, for its SDV offering

How Ashok Leyland uses AI for supplier invoice processing

In the automotive industry, where speed and precision are paramount, an efficient billing process can mean the difference between a seamless supply chain and costly delays. For Ashok Leyland, one of India’s leading commercial vehicle manufacturers, the daily challenge of processing nearly 10,000 invoices from around 1,000 suppliers used to be a resource-intensive operation. Today,… Continue reading How Ashok Leyland uses AI for supplier invoice processing

Hero MotoCorp CEO Niranjan Gupta, CBO Ranjivjit Singh to exit

India’s largest two-wheeler maker Hero MotoCorp on Friday said its Chief Executive Officer Niranjan Gupta has resigned from the company. The automaker’s current Executive Director for Operations Vikram Kasbekar will be the acting CEO. “The company announced that Niranjan Gupta has decided to pursue other opportunities and is stepping down from his role as Chief… Continue reading Hero MotoCorp CEO Niranjan Gupta, CBO Ranjivjit Singh to exit

Reduce dependence on imported EV parts – Economic Survey

With a view to reducing dependence of foreign countries such as China, the Economic Survey for 2024-24 has called for government policies aimed at de-risking EV supply chains by promoting a more self-reliant ecosystem. China plays a central role in the global supply chain for EV components, such as batteries and rare-earth minerals, and any… Continue reading Reduce dependence on imported EV parts – Economic Survey

FICCI highlights economic survey focus on deregulation and business ease

The Economic Survey 2024-25 has highlighted the need to improve manufacturing sector competitiveness, suggesting scaling-up R&D and innovation spend. FICCI has suggested the creation of a robust ecosystem for domestic manufacturing, emphasizing Production Linked Incentives (PLI) for critical sectors. The Economic Survey cited FICCI’s report on the development of a complete value chain through PLI… Continue reading FICCI highlights economic survey focus on deregulation and business ease

Aftermarket alloy wheels leader Neo Wheels guns for future growth

Leading aftermarket alloy wheels brand Neo Wheels, which commands a 35-37% market share, is eyeing future growth, driven by the growing consumer aspirations and premiumisation of the market. The company which caters to end customers with its wide range of gravity die-casted alloy wheels in the 12-inch to 20-inch category is bullish about strong growth, and… Continue reading Aftermarket alloy wheels leader Neo Wheels guns for future growth

Auto Expo 2025 – Dialogues | Jagdish Singh, Chairman and MD, GNA Enterprises

At the recently-concluded Auto Expo 2025, Autocar Professional exclusively spoke with top industry executives to gauge their future technology and business strategies for the Indian market which is poised to witness significant growth. In this latest video, Jagdish Singh, Chairman and Managing Director, GNA Enterprises, talks about the homegrowh component maker’s presence at the exhibition with its entire range of… Continue reading Auto Expo 2025 – Dialogues | Jagdish Singh, Chairman and MD, GNA Enterprises