Sterling Tools, the Delhi-NCR-based leading Tier-1 supplier, which clocked Rs 600 crore revenue in FY2923 in its legacy business of automotive fasteners, is eyeing speedy revenue generation growth from the EV industry in India. In mid-CY2021, the company began manufacture of 48V motor controller units (MCUs) for electric two- and three-wheelers in mid-CY2021, a diversification… Continue reading Sterling Tools’ strategy to diversify into EV parts pays off, looks to supply to e-CV OEMs
Category: US Motoring Press
Sterling Tools’ strategy to diversify into EV parts pays off, looks to supply to e-CV OEMs
Sterling Tools, the Delhi-NCR-based leading Tier-1 supplier, which clocked Rs 600 crore revenue in FY2923 in its legacy business of automotive fasteners, is eyeing speedy revenue generation growth from the EV industry in India. In mid-CY2021, the company began manufacture of 48V motor controller units (MCUs) for electric two- and three-wheelers in mid-CY2021, a diversification… Continue reading Sterling Tools’ strategy to diversify into EV parts pays off, looks to supply to e-CV OEMs
Uno Minda Group’s electric two-wheeler kit value jumps to Rs 35,000
The Gurugram-headquartered Uno Minda Group, which commissioned two EV components plants in Haryana last month, has seen its kit value for electric two-wheelers jump to Rs 35,000 per vehicle. With a range of EV-specific parts spanning on-board chargers, DC-DC convertors, and battery management system (BMS), among others, the company says it has one of the… Continue reading Uno Minda Group’s electric two-wheeler kit value jumps to Rs 35,000
Uno Minda Group’s electric two-wheeler kit value jumps to Rs 35,000
The Gurugram-headquartered Uno Minda Group, which commissioned two EV components plants in Haryana last month, has seen its kit value for electric two-wheelers jump to Rs 35,000 per vehicle. With a range of EV-specific parts spanning on-board chargers, DC-DC convertors, and battery management system (BMS), among others, the company says it has one of the… Continue reading Uno Minda Group’s electric two-wheeler kit value jumps to Rs 35,000
Tata Motors races towards record electric car and SUV sales in FY2024
Today, September 9, is World EV Day. Two days ago, on September 7, Tata Motors revealed the Nexon.ev, its next-gen iteration of the Nexon EV, the best-selling electric passenger vehicle (e-PV) in India which has also helped make the Nexon the best-selling SUV in the country amid intense market competition. The company, which is the… Continue reading Tata Motors races towards record electric car and SUV sales in FY2024
Tata Motors races towards record electric car and SUV sales in FY2024
Today, September 9, is World EV Day. Two days ago, on September 7, Tata Motors revealed the Nexon.ev, its next-gen iteration of the Nexon EV, the best-selling electric passenger vehicle (e-PV) in India which has also helped make the Nexon the best-selling SUV in the country amid intense market competition. The company, which is the… Continue reading Tata Motors races towards record electric car and SUV sales in FY2024
Stellantis offers 14.5% pay increase to UAW, days before possible strike
Demonstrators during a United Auto Workers (UAW) practice picket outside the Stellantis Mack Assembly Plant in Detroit, Michigan, US, on Wednesday, Aug. 23, 2023. Jeff Kowalsky | Bloomberg | Getty Images Stellantis on Friday offered significant four-year wage increases to its hourly workers represented by the United Auto Workers, as it scrambles to avoid a… Continue reading Stellantis offers 14.5% pay increase to UAW, days before possible strike
Looming UAW strike puts ‘Union Joe’ Biden in a tough position
watch now WASHINGTON — President Joe Biden finds himself in a tough spot between his “Union Joe” persona and his aggressive climate goals as the United Auto Workers prepare to strike. The UAW, which represents 146,000 workers at General Motors, Ford and Stellantis NV‘s North America branch, is ready to strike if their demands are not… Continue reading Looming UAW strike puts ‘Union Joe’ Biden in a tough position
An overnight locksmith can cost $400. Here’s how much you might have to fork over for other emergencies
Bluecinema Picture this: You come home after a long day. As you approach your front door, you reach for your keys — but don’t feel them in your pocket. You quickly realize you’re locked out of your home. Luckily, on-call locksmiths are available to help. However, an emergency visit like this can cost as much… Continue reading An overnight locksmith can cost $400. Here’s how much you might have to fork over for other emergencies
Used vehicle prices may have bottomed for 2023 after August increase
Used cars are offered for sale at a dealership on July 11, 2023 in Chicago, Illinois. Scott Olson | Getty Images DETROIT – Prices of wholesale used vehicles may have bottomed for the year, as Cox Automotive said prices last month increased for the first time since March. Cox reported Friday its Manheim Used Vehicle… Continue reading Used vehicle prices may have bottomed for 2023 after August increase