Category: News Type

Geek+ expands presence in South America through global partner Körber Supply Chain

–  Geek+ to debut autonomous mobile robots in Brazilian market at Elevate Brazil SAN DIEGO, July 18, 2022 /PRNewswire/ — Geek+, the global leader in autonomous mobile robot (AMR) technology, is excited to announce that it has expanded its footprint in South America with its’ strategic partner Körber Supply Chain, a global leader in supply chain… Continue reading Geek+ expands presence in South America through global partner Körber Supply Chain

Auto & Chemical sectors most exposed to high commodity prices: Moody’s

According to the rating agency, semiconductor shortages since 2021 that have weighed on auto production will ease through year-end 2022, with better availability of these components for automotive manufacturers and auto part suppliers. New Delhi: Rising raw material costs, declining profitability and higher working capital intensity as a result of high commodity prices are having… Continue reading Auto & Chemical sectors most exposed to high commodity prices: Moody’s

Foxconn considering skill building institute in India

This matter came up during a discussion on India’s young population and the demographic dividend it offers, the country’s expanding EV ecosystem and the rapidly growing market, the people said. Foxconn is mulling setting up a skill development centre in India, possibly similar to its Hon Hai Research Institute in Taiwan, as the contract manufacturing… Continue reading Foxconn considering skill building institute in India

Construction of 14 EV charging stations begins in Delhi

Representative image The Delhi government has started building electric vehicle (EV) charging stations at 14 cluster scheme bus depots, reported TOI on Monday. According to the report, the construction of these charging stations has started at various places including bus depots at Rajghat, Chattarpur, Dwarka Sector-22, Seemapuri, Dilshad Garden, Kair, Dhichau Kalan, Rani Khera, Kanjhawala,… Continue reading Construction of 14 EV charging stations begins in Delhi

German Handelsblatt: Planned IPO: 20 percent return on sales as a goal: Porsche polishes up for the stock market004740

Porsche will Investoren den für das Jahresende geplanten Börsengang schmackhaft machen – und zwar mit einem starken Wachstum und mehr Unabhängigkeit von der Konzernmutter Volkswagen. „Porsche befindet sich in einer einzigartigen Marktposition“, sagte Vorstandschef Oliver Blume am Montag auf einem Investorentag.Einerseits biete Porsche Exklusivität und verbinde dabei Luxus mit Sport. Mit einer Jahresfertigung von 300.000… Continue reading German Handelsblatt: Planned IPO: 20 percent return on sales as a goal: Porsche polishes up for the stock market004740

Continental honours its best suppliers for 2021

Choosing the best of the best from a large global base of component suppliers can be an exacting exercise. In 2021, Continental’s global supplier network of around 7,000 suppliers delivered 170,000 different part numbers to 80 Continental Automotive production sites, with a total processed volume of around 165 billion individual components.  Now, Continental Automotive has… Continue reading Continental honours its best suppliers for 2021

ZF deepens India footprint

When Dirk Adamczyk says he is ready to swap places from Germany to India, he is obviously kidding. Yet, there is no denying the fact that ZF’s Senior Vice President, Engineering Services and Solutions, Innovation & Technology, is completely bowled over by the recently inaugurated technology centre in Hyderabad.   “The way of designing this tech… Continue reading ZF deepens India footprint

Demystifying Vehicular Safety: The Fundamentals of Engineering a Safe Vehicle

S J R Kutty, Chief Sustainability Officer and Head-Vehicle Attributes & Technical Services, Tata Motors. Road accidents account for one of the leading causes of death in the world claiming nearly 1.3 million lives each year. India itself accounts for 11 percent of global death in road accidents. Hence road safety and its awareness become… Continue reading Demystifying Vehicular Safety: The Fundamentals of Engineering a Safe Vehicle

@Ford: 700 Horsepower! New Ford F-150 Raptor R Is Most Powerful Raptor Ever for High-Performance Off-Roading

Ordering opens today for the new 2023 F-150® Raptor R™, the most powerful F-150 Raptor ever, featuring a new 5.2-liter supercharged V8 that cranks out 700 horsepower and 640 lb.-ft. of torque for even more extreme off-roading Next-level trail-conquering capability starts with long-travel suspension featuring FOX Live Valve shocks specially tuned to take advantage of… Continue reading @Ford: 700 Horsepower! New Ford F-150 Raptor R Is Most Powerful Raptor Ever for High-Performance Off-Roading