Hyundai Motor Group partners with IITs for electrification research

Hyundai Motor Group has partnered with the Indian Institutes of Technology (IITs) to establish a research collaboration focused on batteries and electrification. The partnership involves IIT Delhi, IIT Bombay, and IIT Madras, aiming to address the specific needs of the Indian market in these areas.   A Hyundai Center of Excellence (CoE) will be set… Continue reading Hyundai Motor Group partners with IITs for electrification research

Tata AutoComp Systems names Manoj Kolhatkar as Managing Director & CEO

Tata AutoComp Systems Limited (TACO), a leading automotive components company serving Indian and global OEMs, has appointed Manoj Kolhatkar as its new Managing Director & CEO. This announcement comes amid a broader focus on innovation and global expansion, as evidenced by recent developments in the Tata ecosystem.   Arvind Goel, Chairman of Tata AutoComp Systems… Continue reading Tata AutoComp Systems names Manoj Kolhatkar as Managing Director & CEO

Schaeffler India appoints Shibi Mathew as Head of Human Resources and CSR

Schaeffler India, a motion technology company, has appointed Shibi Mathew as Head of Human Resources and Corporate Social Responsibility (CSR), effective November 4, 2024.  Mathew brings over 22 years of experience in strategic and operational HR to the company, along with a strong track record in pivotal leadership roles. Her expertise in building high-performing teams,… Continue reading Schaeffler India appoints Shibi Mathew as Head of Human Resources and CSR

Suzuki Motorcycle India concludes Suzuki Matsuri in Mumbai

Suzuki Motorcycle India Pvt Ltd (SMIPL), the two-wheeler arm of Suzuki Motor Corporation, successfully concluded the third edition of its flagship motorcycling festival, Suzuki Matsuri. Held at Richardson & Cruddas, Mulund West, Mumbai, the event saw over 4,600 participants from diverse backgrounds coming together for a day of activities, entertainment, and community bonding. Devashish Handa,… Continue reading Suzuki Motorcycle India concludes Suzuki Matsuri in Mumbai

SFIO raids Hero Electric, Benling, Okinawa for FAME subsidy misappropriation

The Serious Fraud Investigation Office (SFIO), under the Ministry of Corporate Affairs, has conducted search operations at electric vehicle makers Hero Electric, Benling India and Okinawa Autotech’s as part of the ongoing investigation over alleged FAME II scheme fund misappropriation case. The cases arise from alleged fraudulent availing of subsidies amounting to Rs 297 crores… Continue reading SFIO raids Hero Electric, Benling, Okinawa for FAME subsidy misappropriation

Valeo and ROHM Semiconductor to co-develop next-gen power electronics

Automotive technology company Valeo and ROHM Semiconductor, a major semiconductor and electronic component manufacturer, plan to collaborate and optimize the next generation of power modules for electric motor inverters using their combined expertise in power electronics management. As a first step, ROHM will provide its 2-in-1 Silicon Carbide (SiC) moulded module TRCDRIVE pack to Valeo… Continue reading Valeo and ROHM Semiconductor to co-develop next-gen power electronics

Valeo and ROHM Semiconductor to co-develop next-gen power electronics

Automotive technology company Valeo and ROHM Semiconductor, a major semiconductor and electronic component manufacturer, plan to collaborate and optimize the next generation of power modules for electric motor inverters using their combined expertise in power electronics management. As a first step, ROHM will provide its 2-in-1 Silicon Carbide (SiC) moulded module TRCDRIVE pack to Valeo… Continue reading Valeo and ROHM Semiconductor to co-develop next-gen power electronics

Recycled plastic bottles increase share of sustainable materials in Continental car tyres

Continental is increasing the proportion of recycled materials in its tyres. More plants have recently been converted to use polyester fabric made from recycled polyethylene terephthalate (PET) bottles. This increases the recycled content of many tyre lines by an average of three percent. Depending on the tyre size, up to 15 PET bottles are used… Continue reading Recycled plastic bottles increase share of sustainable materials in Continental car tyres

Aramco acquires 10% equity in Horse Powertrain

Aramco, one of the world’s leading integrated energy and chemicals companies, through a wholly owned subsidiary, Aramco Asia Singapore, has completed the purchase of a 10% equity stake in Horse Powertrain, a global leader in hybrid and internal combustion powertrain solutions. The transaction builds on Aramco’s efforts to develop new mobility solutions with the potential… Continue reading Aramco acquires 10% equity in Horse Powertrain

ZF produces its 40 millionth passenger car axle drive

ZF has celebrated a new production milestone: production of 40 million passenger car axle drives for international passenger car OEMs since 1997. Add the 10 million bevel gear sets and differentials installed in ZF automatic and dual-clutch transmissions with integrated final drives, the total surpasses 50 million ZF final drives delivered. At present, ZF is… Continue reading ZF produces its 40 millionth passenger car axle drive