Autocar_Professional India Online News – Page 409

Antonio Filosa Appointed CEO of Stellantis, Effective June 23

Stellantis N.V. has named Antonio Filosa as its next Chief Executive Officer, effective June 23, following a unanimous decision by the company’s Board of Directors. Filosa, who currently serves as Chief Operating Officer for the Americas and Chief Quality Officer, will take over CEO responsibilities as the company enters a critical phase of global transformation… Continue reading Antonio Filosa Appointed CEO of Stellantis, Effective June 23

Chinese Export Curbs on Rare Earth Magnets Could Disrupt Indian Auto Production: Reuters

Indian auto manufacturers may face production shutdowns within days due to China’s export restrictions on rare earth magnets, according to industry sources and documents seen by Reuters. China, which processes over 90% of these magnets globally, implemented new rules in April requiring import permits—initially seen as a response to U.S. tariffs. However, the impact is… Continue reading Chinese Export Curbs on Rare Earth Magnets Could Disrupt Indian Auto Production: Reuters

ASDC and CBSE Launch National Automobile Olympiad 2025 for School Students

The Automotive Skills Development Council (ASDC), in collaboration with the Central Board of Secondary Education (CBSE), has announced the fourth edition of the National Automobile Olympiad (NAO) 2025. The initiative is open to students from Classes 6 to 12 across all educational boards and aims to introduce young learners to emerging automotive technologies. The theme… Continue reading ASDC and CBSE Launch National Automobile Olympiad 2025 for School Students

Battery Summit 2025 Brings Together Over 500 Participants to Discuss Energy Storage Innovation and Collaboration

The Battery Summit 2025 convened over 500 participants from across government bodies, research institutions, startups, and the private sector to deliberate on India’s progress and future roadmap in battery technology and energy storage solutions. The summit, held in New Delhi, focused on strengthening domestic capabilities, promoting innovation, and enhancing collaboration to support the country’s energy… Continue reading Battery Summit 2025 Brings Together Over 500 Participants to Discuss Energy Storage Innovation and Collaboration

Schaeffler to Invest Over Half a Billion Euros in India Over Next 5 Years

German automotive and industrial component maker Schaeffler AG has reaffirmed its commitment to India, announcing plans to invest more than €100 million every year over the next five years to expand its operations in the country. The move underscores the company’s long-term strategy to tap into India’s growing automotive and industrial sectors. “If we compare… Continue reading Schaeffler to Invest Over Half a Billion Euros in India Over Next 5 Years

Schaeffler CEO Sees India as Key Growth Hub Amid Global Challenges

Schaeffler AG, the German motion technology company, views India as a cornerstone of its global growth strategy, citing its resilient partnerships, skilled talent base, and long-term business potential, according to CEO Klaus Rosenfeld, who spoke with select Indian media on Wednesday. “In this geopolitical environment with all the tensions, with all the stress in supply… Continue reading Schaeffler CEO Sees India as Key Growth Hub Amid Global Challenges

Schaeffler CEO Sees India as Key Growth Hub Amid Global Challenges

Pioneer Opens R&D Center in Bengaluru to Develop Automotive and Mobility Technologies

Pioneer India, a subsidiary of Japan-based Pioneer Corporation, has inaugurated its new Research & Development (R&D) Center in Bengaluru. This step marks a significant expansion of the company’s innovation and development capabilities in India, following its earlier announcement in 2023 about establishing a presence in the city. The new facility will focus on the development… Continue reading Pioneer Opens R&D Center in Bengaluru to Develop Automotive and Mobility Technologies

Wardwizard Signs Deal to Lease 7,500 Electric Scooters to XiCon International

Wardwizard Innovations & Mobility Limited has entered into a partnership with XiCon International Limited to lease 7,500 electric scooters over the next two financial years. The agreement covers deployment of Wardwizard’s Wolf+ model scooters in Mumbai, Ahmedabad, Delhi, and Pune for last-mile delivery operations. The memorandum of understanding signed between the two companies outlines XiCon’s… Continue reading Wardwizard Signs Deal to Lease 7,500 Electric Scooters to XiCon International