As we had reported earlier, Hero MotoCorp has plans to expand the Vida lineup and to that end the company has now patented a new electric scooter’s design. From the looks of things, this new Vida model appears to be a cost-effective offering. The front drum brake, the more basic leading link front suspension setup and… Continue reading Hero patents new Vida e-scooter design
Author: Autocar_Professional India Online News
Daimler India CEO expects 10-55 tonne CV market to cross half-million mark by 2030
Satyakam Arya, Managing Director and CEO of Daimler India Commercial Vehicles expects the commercial vehicle industry in India to clock a CAGR (Compound Annual Growth Rate) of close to 5% over the next six years. Arya anticipates the truck segment to reach 450,000 units by 2030, a significant increase from the estimated 330,000–350,000 units expected… Continue reading Daimler India CEO expects 10-55 tonne CV market to cross half-million mark by 2030
Prawaas 4.0 to be held from August 29-31 at BIEC
The Bus and Car Operators Confederation of India (BOCI) has announced the 4th edition of Prawaas 4.0, India’s premier Multimodal Transport Show, scheduled to take place from August 29-31 at the Bangalore International Exhibition Centre (BIEC). With the overarching theme of “Safe, Smart, and Sustainable Passenger Mobility,” Prawaas 4.0 aims to bring together all stakeholders… Continue reading Prawaas 4.0 to be held from August 29-31 at BIEC
Daimler India Commercial Vehicles posts record year in 2023, sales and revenue see over 20% growth
Daimler India Commercial Vehicles – the local subsidiary of Europe’s largest truck maker Daimler AG, registered a record performance in 2023, with strong double-digit growth. During the last calendar year, Daimler India Commercial Vehicles (DICV) posted 39% growth in domestic sales and 13% growth in cumulative sales for the entire year. Effectively, the company posted… Continue reading Daimler India Commercial Vehicles posts record year in 2023, sales and revenue see over 20% growth
Daimler India Commercial Vehicles posts record year in 2023, sales and revenue see over 20% growth
Daimler India Commercial Vehicles – the local subsidiary of Europe’s largest truck maker Daimler AG, registered a record performance in 2023, with strong double-digit growth. During the last calendar year, Daimler India Commercial Vehicles (DICV) posted 39% growth in domestic sales and 13% growth in cumulative sales for the entire year. Effectively, the company posted… Continue reading Daimler India Commercial Vehicles posts record year in 2023, sales and revenue see over 20% growth
Nissan Motor India to build portfolio of 4 cars, expects equal share from domestic market, exports
Makoto Uchida, the global CEO of Nissan Motor Corporation says the company is redesigning its strategy with the joint venture Renault in India. As part of its revamped plan, Nissan Motor not only expects its product portfolio to increase to 4 models in the next three years, but it also plans on bringing in… Continue reading Nissan Motor India to build portfolio of 4 cars, expects equal share from domestic market, exports
Ashok Leyland declares interim dividend of Rs 4.95 per share, record date fixed for 3 April
Ashok Leyland, the flagship company of the Hinduja Group, and the second largest commercial vehicle manufacturer in India has declared an interim dividend of Rs 4.95 per equity share for the financial year ending 2023-24, the company said in an exchange notification on 25 March 2024. “The Board of Directors of the Company, at their… Continue reading Ashok Leyland declares interim dividend of Rs 4.95 per share, record date fixed for 3 April
Tech Talk: How sodium-ion batteries could slash the price of EVs
The accelerating march of progress must be giving product planners at car manufacturers a tough time. Car technology has never been in such a state of flux as it is now, and given lithium-ion batteries only really became a commercial big deal in the 1990s, the sudden shift towards cars powered by them is extraordinary.… Continue reading Tech Talk: How sodium-ion batteries could slash the price of EVs
Hyundai Motor Group co−hosts Korea-Africa Business Forum to foster partnerships for sustainable development
The Hyundai Motor Group co-hosted a 2024 Korea-Africa Business Forum in Seoul on March 25 in partnership with the Centre for Sustainable Structural Transformation (CSST) at SOAS University of London and the Korea-Africa Foundation. The forum discussed how Korean and African stakeholders can work together as strategic partners for sustainable development amidst ongoing geopolitical uncertainty.… Continue reading Hyundai Motor Group co−hosts Korea-Africa Business Forum to foster partnerships for sustainable development
ZF rebrands passive safety systems division to ZF Lifetec, eyes rapid growth
The ZF Group has announced the rebranding of its Passive Safety Systems division to ‘ZF Lifetec’. The new branding is part of the current legal separation of the Passive Safety Systems division within the ZF Group. In 2023, ZF Passive Safety Systems achieved sales of around €4.7 billion. As a leading passive safety system provider,… Continue reading ZF rebrands passive safety systems division to ZF Lifetec, eyes rapid growth