Escorts Kubota Limited (EKL) announced a 15.7% increase in standalone net profit to ₹1,250.9 crore for the fiscal year ended March 2025, according to a press release issued today in Faridabad. The company’s revenue from continuing operations rose 4.7% to ₹10,187.0 crore, compared with ₹9,730.7 crore in the previous year. The agricultural and construction equipment… Continue reading Escorts Kubota Reports 15.7% Growth in FY25 Standalone Profit to ₹1,250.9 Crore
Author: Autocar_Professional India Online News
Rilox EV and Hala Mobility Partner to Roll Out 400 Electric Two-Wheelers Monthly Across India
In a move aimed at expanding electric mobility solutions across India, Rilox EV has entered into a multi-year original equipment manufacturer (OEM) partnership with Hala Mobility. The agreement will facilitate the nationwide deployment of electric two-wheelers, with approximately 400 vehicles set to be introduced each month. The initiative will begin with low-speed electric two-wheelers and… Continue reading Rilox EV and Hala Mobility Partner to Roll Out 400 Electric Two-Wheelers Monthly Across India
Renault Opens First new’R Store in Maharashtra, Expands Retail Footprint in Mumbai
Renault India has inaugurated its first new’R store in Maharashtra and second in the country, located in Kandivali, Mumbai. The new showroom aligns with Renault’s “renault. rethink.” brand transformation initiative and features the company’s New Visual Identity (NVI) aimed at offering a more modern and customer-friendly retail environment. The Mumbai store follows the new design… Continue reading Renault Opens First new’R Store in Maharashtra, Expands Retail Footprint in Mumbai
Continental Achieves 200 Million Radar Sensor Milestone, Secures €1.5 Billion in New Orders
Continental has announced the production of its 200 millionth radar sensor, cementing its position as a market leader with over 20 percent share in automotive safety technology. The company also revealed it has secured major series orders from various vehicle manufacturers worth approximately €1.5 billion in the first quarter of 2025, with production scheduled to… Continue reading Continental Achieves 200 Million Radar Sensor Milestone, Secures €1.5 Billion in New Orders
Uno Minda to Invest ₹200 Crore in New Two-Wheeler Alloy Wheel Facility in Haryana
Uno Minda Limited, a leading automotive technology supplier, has announced plans to establish a new manufacturing facility for two-wheeler alloy wheels in Bawal, Haryana with an investment of approximately ₹200 crore. The company’s Board of Directors has approved the project, which will have an installed production capacity of 1.5 million alloy wheels annually. The investment… Continue reading Uno Minda to Invest ₹200 Crore in New Two-Wheeler Alloy Wheel Facility in Haryana
NXP’s New Imaging Radar Processors Set to Transform Autonomous Driving Technology
NXP Semiconductors unveiled its third-generation S32R47 imaging radar processors today, designed to address the demanding requirements of Level 2+ to Level 4 autonomous driving systems. The new processors, built on 16 nm FinFET technology, deliver up to twice the processing power of previous generations while improving system cost and power efficiency. The S32R47 family enables… Continue reading NXP’s New Imaging Radar Processors Set to Transform Autonomous Driving Technology
Bosch Pushes Forward with Ambitious Strategy 2030 Despite Market Headwinds
The Bosch Group is forging ahead with its ambitious Strategy 2030 despite facing significant market headwinds in 2024, as the technology giant reported a 1.4 percent decline in sales revenue to 90.3 billion euros. The company saw its EBIT (earnings before interest and taxes) from operations drop to 3.1 billion euros, resulting in an EBIT… Continue reading Bosch Pushes Forward with Ambitious Strategy 2030 Despite Market Headwinds
Kia India Expands Carens Lineup with New Carens Clavis
Kia India has introduced the Carens Clavis, the newest addition to its Carens range, aimed at customers looking for a versatile, feature-rich, and spacious family vehicle. The Carens Clavis can be booked nationwide across Kia dealerships and online, with deliveries expected to follow soon. It combines functionality with modern styling and a tech-forward interior, and… Continue reading Kia India Expands Carens Lineup with New Carens Clavis
Bosch Launches €250 Million Fund to Support Global Deep-Tech Startups
Bosch, one of Europe’s largest corporate venture capital investors, announced today the launch of a new €250 million fund through its subsidiary Bosch Ventures. The announcement comes as the company continues its bold commitment to providing venture capital to startups worldwide despite current economic turbulence. Stefan Hartung, chairman of the board of management of Robert… Continue reading Bosch Launches €250 Million Fund to Support Global Deep-Tech Startups
FEV Develops New EV-battery – system Sets Benchmark in Comprehensive Safety and Performance Tests
FEV and Mahindra have jointly developed a new high energy density lithium iron phosphate (LFP) battery system for Mahindra’s Electric Origin SUVs, following extensive safety and performance testing. The system passed comprehensive international safety evaluations, including fuel fire, nail penetration, and rollover tests. The battery system comes in two variants with capacities of 59 kWh… Continue reading FEV Develops New EV-battery – system Sets Benchmark in Comprehensive Safety and Performance Tests