Three quarters of shoppers want the best of both worlds when it comes to buying and collecting products LONDON, July 21, 2022 /PRNewswire/ — The pandemic accelerated the world into online shopping. So much so that many experts predicted it would be the final nail in the coffin for traditional in-store, brick-and-mortar retailers. However, recent… Continue reading nShift is calling on retailers to offer ‘delivery as demanded’
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3M’s Make-in-India solution for managing NVH levels in new EVs and Hybrid vehicles
As the world transitions towards new mobility platforms such as Electric Vehicles and Hybrid Vehicles, component requirements are also seeing a shift in several aspects. Today, automotive component manufacturers are focusing on producing intelligent solutions that enhance the mobility experience of today’s vehicles in terms of drive, ride comfort, user interface, entertainment and more. One… Continue reading 3M’s Make-in-India solution for managing NVH levels in new EVs and Hybrid vehicles
Next pain point for rupee is $79 billion of unhedged debt
Indian companies are rushing to hedge their overseas dollar debt against further declines in the rupee, a process that threatens to cascade into additional losses for the battered local currency. The nation’s firms had $79 billion of unhedged offshore loans at the end of March, about 44% of their total overseas borrowings, according to the… Continue reading Next pain point for rupee is $79 billion of unhedged debt
With $87 billion, India top remittance recipient in 2021: UN report
In 2021 the top five remittance recipients in current US dollars were India, China, Mexico, the Philippines and Egypt. India received 87 billion dollars in remittances in 2021, the top remittance recipient, and way ahead of countries like China and Mexico, according to a World Health Organisation report released on Wednesday. The first WHO World… Continue reading With $87 billion, India top remittance recipient in 2021: UN report
Tata Green Batteries inks aftermarket supply pact for Tata Motors CVs
Tata AutoComp GY Batteries (Tata Green Batteries) has inked an aftermarket tie-up with Tata Motors, India’s largest commercial vehicle manufacturer, to enable Tata Green Batteries to be available for sale at Tata Motors’ authorised dealerships and workshops. According to Ravi Gupta – CEO, Tata Green Batteries, “Tata Green Batteries has been one of the major… Continue reading Tata Green Batteries inks aftermarket supply pact for Tata Motors CVs
Hero Electric conducts ground-breaking ceremony for second plant
Hero Electric performed the ground-breaking ceremony of its second plant in Ludhiana, Punjab. The upcoming facility is located near its existing one, and is aimed at enabling the company to ramp up its production capacity. The new plant will have a capacity of 200,000 two-wheelers. In a press note, the company said it has been… Continue reading Hero Electric conducts ground-breaking ceremony for second plant
European OEM ropes in L&T Tech to prevent cyber attack
L&T Technology Services, the Mumbai- based engineering and R&D (ER&D) company which offers its services to the automotive and other sectors has been approached by a leading European customer for securing its sedan models of a certain year and make. This is because the company is concerned about the likelihood of its GPS getting hacked. The demand related… Continue reading European OEM ropes in L&T Tech to prevent cyber attack
With hybrids ruled out, Hyundai backs CNG
On July 13, Hyundai Motor India (HMI) unveiled the latest generation of its flagship SUV, the Tucson which will be brought to India as a completely-knocked-down unit from South Korea and be assembled at the plant in Chennai starting August. The company which sells the SUV’s hybrid variant in overseas markets has no plans to… Continue reading With hybrids ruled out, Hyundai backs CNG
@Ford: Ford Releases New Battery Capacity Plan, Raw Materials Details to Scale EVs; On Track to Ramp to 600K Run Rate by ’23 and 2M+ by ’26, Leveraging Global Relationships
Ford has added battery chemistries and secured contracts delivering 60 gigawatt hours (GWh) of annual battery capacity to deliver global 600,000 EV run rate by late 2023 Lithium iron phosphate battery packs coming for Mustang Mach-Es sold in North America next year and F-150 Lightnings in early 2024, creating more capacity for high-demand products Ford… Continue reading @Ford: Ford Releases New Battery Capacity Plan, Raw Materials Details to Scale EVs; On Track to Ramp to 600K Run Rate by ’23 and 2M+ by ’26, Leveraging Global Relationships
Buyers to save up to $17k on list price of French-built off-roader – GoAuto.com.au
JUST as vehicles start rolling off the production line in France, a Luxury Car Tax (LCT) exemption and reclassification announced this week sees buyers of the hard-core Ineos Grenadier wagon saving between $4000 and $17,000 on the price of their new four-wheel drive. Savings will be determined by vehicle specification with lower cost two-seat versions… Continue reading Buyers to save up to $17k on list price of French-built off-roader – GoAuto.com.au