The Small Industries Development Bank of India (SIDBI) has granted INR 12.45 CR to ETO Motors to deploy 300 Electric 3-Wheelers (E3W) in Hyderabad and Delhi for first and last mile passenger connectivity. ETO Motors, as part of the financial support, will also build an EV Charging Infrastructure to support the deployment of 300 E3Ws… Continue reading SIDBI grants Rs 12.45 crore to deploy 300 Electric 3-wheelers in Delhi and Hyderabad
Category: US Motoring Press
Taking software designed vehicles to the next level
The landscape of vehicle utility is rapidly evolving, driven by consumer demands for more integrated and intelligent vehicles. Modern vehicles are no longer mere transportation means; they are becoming extensions of our digital lives. According to Amol Sawant, Senior Manager Product Marketing and Technical Pre-Sales at Sibros, the push for data-driven design and product engineering excellence is resulting… Continue reading Taking software designed vehicles to the next level
Taking software designed vehicles to the next level
The landscape of vehicle utility is rapidly evolving, driven by consumer demands for more integrated and intelligent vehicles. Modern vehicles are no longer mere transportation means; they are becoming extensions of our digital lives. According to Amol Sawant, Senior Manager Product Marketing and Technical Pre-Sales at Sibros, the push for data-driven design and product engineering excellence is resulting… Continue reading Taking software designed vehicles to the next level
Taking software designed vehicles to the next level
The landscape of vehicle utility is rapidly evolving, driven by consumer demands for more integrated and intelligent vehicles. Modern vehicles are no longer mere transportation means; they are becoming extensions of our digital lives. According to Amol Sawant, Senior Manager Product Marketing and Technical Pre-Sales at Sibros, the push for data-driven design and product engineering excellence is resulting… Continue reading Taking software designed vehicles to the next level
Schaeffler gets 420-million euro loan from European Investment Bank for R&D of sustainable technologies
The European Investment Bank (EIB) has granted Schaeffler AG a loan of 420 million euros. These funds with a term of up to ten years are earmarked for research and development in selected areas, with a focus on sustainable technologies in the European Union. The funding will be used to cover part of the staff… Continue reading Schaeffler gets 420-million euro loan from European Investment Bank for R&D of sustainable technologies
EU and UK sign off deal providing much-needed certainty for EU EV manufacturing
The EU and UK have on December 21 signed off on extending current battery and electric vehicle (EV) rules of origin under the Trade and Cooperation Agreement (TCA). European manufacturers have welcomed this solution, which will help support the competitiveness of Europe’s burgeoning electric vehicle manufacturing industry. “The long-awaited deal to extend rules of origin… Continue reading EU and UK sign off deal providing much-needed certainty for EU EV manufacturing
EU and UK sign off deal providing much-needed certainty for EU EV manufacturing
The EU and UK have on December 21 signed off on extending current battery and electric vehicle (EV) rules of origin under the Trade and Cooperation Agreement (TCA). European manufacturers have welcomed this solution, which will help support the competitiveness of Europe’s burgeoning electric vehicle manufacturing industry. “The long-awaited deal to extend rules of origin… Continue reading EU and UK sign off deal providing much-needed certainty for EU EV manufacturing
Tata Motors’ electric car and SUV sales to surpass 75,000 units in FY2024
Tata Motors, which is the market leader in India’s passenger vehicle segment, with a 71% market share between April and November 2023, had earlier this year aimed to double its EV sales to 100,000 units in FY2024. However, this big number may not be achievable albeit it is well set to clock total EV sales… Continue reading Tata Motors’ electric car and SUV sales to surpass 75,000 units in FY2024
Tata Motors’ electric car and SUV sales to surpass 75,000 units in FY2024
Tata Motors, which is the market leader in India’s passenger vehicle segment, with a 71% market share between April and November 2023, had earlier this year aimed to double its EV sales to 100,000 units in FY2024. However, this big number may not be achievable albeit it is well set to clock total EV sales… Continue reading Tata Motors’ electric car and SUV sales to surpass 75,000 units in FY2024
New car sales are expected to rise slightly next year in the U.S.
New Kia cars are displayed on the sales lot at San Leandro Kia on May 30, 2023 in San Leandro, California. Justin Sullivan | Getty Images DETROIT – Sales of new vehicles in the U.S. are expected to increase slightly next year, as the automotive industry continues to normalize from the coronavirus pandemic and other… Continue reading New car sales are expected to rise slightly next year in the U.S.