Webinar | Future Disruptions in Automotive Design with Autodesk Studio tools

Automotive design is witnessing a profound transformation on a global scale and the change is being driven by a confluence of factors, such as the transition towards greener vehicles, and the rapid advancement in technology. The rise of electric vehicles (EVs), autonomous driving capabilities, and connectivity features, is compelling designers to reimagine traditional vehicle layouts… Continue reading Webinar | Future Disruptions in Automotive Design with Autodesk Studio tools

Tata Motors switches to pure EV architecture with Punch EV

Four years into the launch of its ICE-derived Nexon EV, Tata Motors has switched to its Gen-2 EV architecture, christened ‘Acti.ev’, with the all-new Punch EV, launched on January 17. The company says despite the Punch EV bearing a similar ‘top hat’ as its internal-combustion engine (ICE) counterpart, a lot has changed underneath, in terms… Continue reading Tata Motors switches to pure EV architecture with Punch EV

Daimler Truck and Linde’s sLH2 tech sets new standards for liquid hydrogen refuelling

Daimler Truck and Linde Engineering have reached an important milestone in hydrogen infrastructure on the way to decarbonizing transportation. In recent years, engineers from both companies have worked together to develop sLH2 technology, a new process for handling liquid hydrogen. Compared to gaseous hydrogen, this innovative approach allows for higher storage density, longer range, faster… Continue reading Daimler Truck and Linde’s sLH2 tech sets new standards for liquid hydrogen refuelling

Matt Prior: Not all cars were better “back in the day”

There’s an enjoyable story which our sibling title Classic & Sports Car covered about a TVR Griffith, an MG RV8 and a Marcos Mantara. Or at least it’s a story that I was enjoying, right up to the point when I remembered that I had read a group test of those three cars (along with a… Continue reading Matt Prior: Not all cars were better “back in the day”

Rane Group announces merger of Rane Brake Lining Ltd. and Rane Engine Valve Ltd. into Rane (Madras)

The Board of Directors of Rane (Madras) Limited (“RML”), Rane Brake Lining Limited (“RBL”) and Rane Engine Valve Limited (“REVL”), at their respective meetings held today, have approved the proposed reorganisation through a scheme of arrangement (“Scheme”) which entails merger of RBL and REVL into RML (“Transaction”). The merger significantly simplifies the group structure by… Continue reading Rane Group announces merger of Rane Brake Lining Ltd. and Rane Engine Valve Ltd. into Rane (Madras)

MRF reports 3-fold increase in third-quarter profit

Indian tyre maker MRF has reported a 3-fold increase in third-quarter profit. It reported a profit of Rs 503.94 crore compared to Rs 161.17 crore in the year  ago period. Revenue from operations stood at Rs 6,162.46 crore in Q3 FY24 versus Rs 5,644.55 crore in the year-ago period. The company’s total expenses are Rs 5557.67… Continue reading MRF reports 3-fold increase in third-quarter profit

Hyundai chooses JP Morgan, Citi to bolster USD 3 billion IPO: Report

Hyundai Motor has picked JP Morgan and Citi for its nearly USD 3 billion India IPO, bolstering plans to take its India unit public in the world’s third-biggest auto market, Reuters reported citing persons in the know.  The firm plans to file regulatory papers in India by May- June,  two of the three sources informed… Continue reading Hyundai chooses JP Morgan, Citi to bolster USD 3 billion IPO: Report

Govt hikes FAME 2 outlay by Rs 1,500 crore; Says scheme sops till March 31

The Ministry of Heavy Industries has enhanced the financial outlay for the second phase of the Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicle (FAME) scheme by Rs 1,500 crore to Rs 11,500 crore. The FAME 2 scheme was rolled out in 2019 with an outlay of Rs 10,000 crore for three years ending… Continue reading Govt hikes FAME 2 outlay by Rs 1,500 crore; Says scheme sops till March 31

To get the $7,500 electric vehicle tax credit, you may no longer have to wait until tax season

Halfpoint Images | Moment | Getty Images Consumers no longer have to wait to file their annual tax returns to get a tax break for the purchase of a new electric vehicle. At the start of 2024, the federal “new clean vehicle” tax credit became available as a point-of-sale discount — worth up to $7,500… Continue reading To get the $7,500 electric vehicle tax credit, you may no longer have to wait until tax season

BMW i16 is the radical i8 successor that never was

BMW designed a radical mid-engined hybrid supercar to succeed the i8 – but never put it into production.  Kept secret for four years but now revealed by BMW head designer Domagoj Dukec on social media, the striking i16 could have been the M performance division’s second bespoke model after the 1978 M1 supercar. As it… Continue reading BMW i16 is the radical i8 successor that never was