Autocar_Professional India Online News – Page 359

Business wins, cost management aids Schaeffler India Oct-Dec show

Auto and industrial solutions provider Schaeffler India Ltd today reported healthy growth in key earnings metrics for the December quarter, on the back of new business wins and cost management. The company’s board also recommended a dividend of Rs 28 per share, for the year. The company clocked a standalone bottomline of Rs 2.49 billion… Continue reading Business wins, cost management aids Schaeffler India Oct-Dec show

Volvo Group Reports Decreased Sales Amid Market Normalization

Volvo Group announced a 3% decrease in net sales for 2024, reaching SEK 526.8 billion (EUR 46 billion) as global freight and construction markets normalized after years of strong growth. The company reported this figure in its 2024 Annual Report published Thursday. Vehicle sales dropped 5% compared to 2023, though service sales increased by 4%.… Continue reading Volvo Group Reports Decreased Sales Amid Market Normalization

Ather Energy Expands Testing Facility to Accelerate EV Development

Ather Energy Limited has expanded its Product Testing & Validation Centre in Bengaluru, strengthening its research and development capabilities for electric two-wheelers. The facility, known as The Juggernaut, now spans 38,692 square feet and focuses on ensuring quality, reliability, and performance while accelerating product development processes. The expanded center houses specialized laboratories for structural durability,… Continue reading Ather Energy Expands Testing Facility to Accelerate EV Development

Exclusive: Bosch India Embraces Strategic Partnerships, Investments to Drive Next-Gen Mobility

Bosch India plans to expand investments in electric vehicle manufacturing, new products, engineering capabilities, and strategic partnerships as the mobility industry undergoes a rapid transformation, particularly with the rise of Software-Defined Vehicles (SDVs) and Vehicle-to-Everything (V2X) connectivity. The company believes that it needs to transition from a siloed approach to an open, partnership-driven model to… Continue reading Exclusive: Bosch India Embraces Strategic Partnerships, Investments to Drive Next-Gen Mobility

Hilti India Achieves GPTW Certification for 8th Consecutive Year, Ranks 19th Among Mid-Size Workplaces

Hilti India, a global leader in construction solutions, has secured the Great Place to Work (GPTW) certification for the eighth consecutive year. The company also ranked 19th in the 2024 GPTW India’s 100 Great Mid-Size Workplaces, while earning recognition as one of the best workplaces for millennials and women. The certification, known for its rigorous… Continue reading Hilti India Achieves GPTW Certification for 8th Consecutive Year, Ranks 19th Among Mid-Size Workplaces

VinFast Expands European Market Presence Through German Dealer Partnership

Vietnamese electric vehicle manufacturer VinFast announced today a strategic expansion of its European distribution network through a new partnership with German automotive retailer Autohaus Hübsch. The agreement establishes VinFast’s first dealerships in Germany, with two showrooms opening in Chemnitz and Werdau. Both locations will operate under the company’s comprehensive 3S model, providing sales, service, and… Continue reading VinFast Expands European Market Presence Through German Dealer Partnership

Tata Group to Sign MoUs with 10 Semiconductor Companies, Announces Major Facility in Assam

Tata Group Chairman Natarajan Chandrasekaran announced plans to sign Memorandums of Understanding with 10 additional semiconductor companies to strengthen the industry ecosystem in India, reported ANI News. The announcement came during his address at the Advantage Assam Investors Summit 2.0 in Guwahati on Tuesday. Chandrasekaran highlighted that several global semiconductor partners, including ASMPT, DISCO, Besi,… Continue reading Tata Group to Sign MoUs with 10 Semiconductor Companies, Announces Major Facility in Assam

Why Battery Swapping is a Catalyst for India’s Electrification Drive

With electric vehicles (EVs) emerging as a cornerstone of the nation’s decarbonisation strategy, innovative solutions are essential to overcome barriers and accelerate adoption. Union Minister Shri Piyush Goyal recently highlighted battery swapping’s role in complementing traditional charging infrastructure, envisioning a future where EV adoption becomes a “people’s movement.” Battery swapping, a game-changing approach, offers speed,… Continue reading Why Battery Swapping is a Catalyst for India’s Electrification Drive

Bajaj Auto Introduces GoGo: New Electric Three-Wheeler Brand

Bajaj Auto Ltd. has launched Bajaj GoGo, its dedicated brand of electric three-wheelers, featuring a range of 251 kilometers per charge. The company unveiled three passenger variants—P5009, P5012, and P7012—with prices starting at INR 3,26,797 for the P5009 and INR 3,83,004 for the P7012 (ex-showroom Delhi). Bookings have commenced across all Bajaj Auto dealerships nationwide.… Continue reading Bajaj Auto Introduces GoGo: New Electric Three-Wheeler Brand