Autocar_Professional India Online News – Page 54

Ashok Leyland Reports Record Q3 Performance Driven by Profitable Growth Focus

Chennai-based commercial vehicle manufacturer Ashok Leyland has reported its strongest-ever third quarter performance, with net profit surging 31% to Rs. 762 crore, driven by strong domestic demand and growing exports. The company, a flagship of the Hinduja Group, has maintained its market leadership in the key MHCV segment while expanding into new vehicle categories. The… Continue reading Ashok Leyland Reports Record Q3 Performance Driven by Profitable Growth Focus

NxtWave Partners with TIER IV and Autoware Foundation to Build Autonomous Vehicle Developer Community

NxtWave has joined forces with TIER IV and the Autoware Foundation to build the world’s largest Autonomous Vehicle (AV) Developer Community. Launched under the SkillUp India 4.0 initiative, this collaboration aims to equip Indian youth with advanced skills in autonomous vehicle technology, thereby positioning India at the forefront of the global Physical AI revolution. This… Continue reading NxtWave Partners with TIER IV and Autoware Foundation to Build Autonomous Vehicle Developer Community

Epsilon Group to Invest Rs 15,350 Crore in Karnataka EV Battery Materials Manufacturing

Epsilon Group has signed a memorandum of understanding with the Karnataka government to invest Rs. 15,350 crore in manufacturing facilities for electric vehicle battery materials and testing. The investment, spread over 10 years, includes Rs. 9,000 crore for a graphite anode plant, Rs. 6,000 crore for a lithium iron phosphate cathode facility, and Rs. 350… Continue reading Epsilon Group to Invest Rs 15,350 Crore in Karnataka EV Battery Materials Manufacturing

Logistics Veteran Pirojshaw Sarkari Joins Billion Electric’s Advisory Council

Billion Electric Mobility has appointed Pirojshaw Sarkari as the Lead of its Advisory Council to strengthen its electric vehicle charging infrastructure across India’s highways. Sarkari, who brings over 30 years of experience in logistics and supply chain management, will focus on developing a network of charging stations for electric trucks and buses. The appointment comes… Continue reading Logistics Veteran Pirojshaw Sarkari Joins Billion Electric’s Advisory Council

Happy Forgings Signs Supply Agreement for Heavy Industrial Components with Global Manufacturer

Happy Forgings Limited (HFL) has entered into a Memorandum of Understanding with a global manufacturer of industrial and construction equipment for the long-term supply of heavy forged and precision-machined components. The agreement, announced in Ludhiana on February 12, 2025, paves the way for a binding supply contract expected to commence in 2028. The customer has… Continue reading Happy Forgings Signs Supply Agreement for Heavy Industrial Components with Global Manufacturer

Magna supplies eDrive system to electrified Mercedes-Benz G-Class

Technology company Magna, which is one of the world’s largest suppliers in the automotive industry with a global team of over 175,000 employees across 343 manufacturing operations and 107 product development, engineering and sales centres spanning 28 countries, has strengthened its partnership with German luxury carmaker, Mercedes-Benz. For several decades, Magna, which is also one… Continue reading Magna supplies eDrive system to electrified Mercedes-Benz G-Class

Magna supplies eDrive system to electrified Mercedes-Benz G-Class

Toyota Kirloskar Motor Receives Investment Certificate for Third Plant at Karnataka Global Meet

Toyota Kirloskar Motor (TKM) has been awarded an investment certificate by the Karnataka government for its third manufacturing plant at the Invest Karnataka 2025 Global Investors Meet in Bengaluru. The new facility, announced in November 2023, will increase production capacity by 100,000 units annually and create 2,000 jobs. The company has invested ₹16,000 crores in… Continue reading Toyota Kirloskar Motor Receives Investment Certificate for Third Plant at Karnataka Global Meet

KPIT transfers pathbreaking sodium ion battery tech to Trentar Energy for commercialisation

KPIT Technologies and Trentar Energy Solutions, which caters to the electrical mobility and energy storage sectors, have announced a collaboration on sodium-ion battery technology. Under the collaboration, KPIT will transfer its breakthrough sodium-ion battery technology, to Trentar Energy Solutions to operationalise and commercialise it further. In December 2023, KPIT had unveiled its pathbreaking sodium-ion battery… Continue reading KPIT transfers pathbreaking sodium ion battery tech to Trentar Energy for commercialisation