As the Indian economy strengthens and the number of high-net-worth individuals rises, the aspirational aspects are also reflected in high-end lifestyle purchases and luxury cars are usually among the top acquisitions. Santosh Iyer, MD of Mercedes Benz India says the Indian luxury car market will continue to grow in double digits in the coming decade,… Continue reading ‘The luxury car market could potentially double by 2030′: Santosh Iyer
Category: US Motoring Press
Tata AutoComp, Skoda Group parter to serve Indian Railway, Metro and Bus market
Tata AutoComp, an auto component player, has signed a Memorandum of Understanding (MoU) with Škoda Group. This agreement sets the framework for a strategic joint venture aimed at producing components for the growing Indian railway and public mobility market. Tata AutoComp provides systems and components for Electric Vehicles, and this partnership aims to strengthen its capabilites… Continue reading Tata AutoComp, Skoda Group parter to serve Indian Railway, Metro and Bus market
Stellantis invests $100 million in CTR to strengthen low-emission US lithium production
Stellantis and Controlled Thermal Resources Holdings Inc (CTR) have announced a major investment of over $100 million from Stellantis to advance the development of CTR’s Hell’s Kitchen project, the world’s largest geothermal lithium project with a total resource capacity to produce up to 300,000 metric tons of lithium carbonate equivalent each year. Lithium produced at… Continue reading Stellantis invests $100 million in CTR to strengthen low-emission US lithium production
Stellantis invests $100 million in CTR to strengthen low-emission US lithium production
Stellantis and Controlled Thermal Resources Holdings Inc (CTR) have announced a major investment of over $100 million from Stellantis to advance the development of CTR’s Hell’s Kitchen project, the world’s largest geothermal lithium project with a total resource capacity to produce up to 300,000 metric tons of lithium carbonate equivalent each year. Lithium produced at… Continue reading Stellantis invests $100 million in CTR to strengthen low-emission US lithium production
Hopcharge aims to triple its mobile EV charging fleet
Gurugram-based mobile EV charging start-up Hopcharge is firming up its plans to triple its two dozen-plus charging vans in Delhi and the NCR region by the end of FY 2024-25. The company says it plans to reach out to global climate funding organisations to raise funds under USD 10 million (over Rs 83 crore) to… Continue reading Hopcharge aims to triple its mobile EV charging fleet
CII organises curtain raiser for December launch of NexGen Mobility Show
In the run-up to the maiden CII NexGen Mobility Show 2023 scheduled on 15-16 December 2023, the Confederation of Indian Industry (CII) organised a curtain raiser in Pune, Maharashtra, yesterday. The two-day CII NexGen Mobility Exhibition 2023 in Pune, Maharashtra will delve into various facets of future mobility, including electric vehicles, connected and autonomous technologies,… Continue reading CII organises curtain raiser for December launch of NexGen Mobility Show
15 year old car ban: Delhi HC rules in favour of releasing vehicles: PTI
The Delhi High Court on Tuesday directed the release of several seized “end-of-life” vehicles on an undertaking by the owners to either permanently park them in private spaces or remove them from the city limits. Justice Prateek Jalan was dealing with a batch of petitions against the seizure of cars by authorities for being in… Continue reading 15 year old car ban: Delhi HC rules in favour of releasing vehicles: PTI
Allison Transmission supplies propulsion solution for Mack CNG truck
Allison Transmission has announced that Mack Trucks, one of North America’s largest producers of heavy-duty trucks, has selected the Allison 4500 Rugged Duty Series (RDS) as the exclusive transmission currently offered for its new compressed natural gas (CNG)-powered Mack Granite model. The 4500 RDS fully automatic transmission has been offered in the Mack Granite diesel… Continue reading Allison Transmission supplies propulsion solution for Mack CNG truck
Exclusive Rolls-Royce app ‘a facilitator’ for mega business deals
Rolls-Royce chief executive Torsten Müller-Ötvös has said that when members of ‘Whispers’, the luxury brand’s app-based private members’ club, connect with and talk to one another, business deals are “100%” being done that can even change an economy. He was talking during select gathering in Austria of Rolls-Royce-owning high- and ultra-high-net-worth individuals about what the company says… Continue reading Exclusive Rolls-Royce app ‘a facilitator’ for mega business deals
My Week In Cars: New Steve Cropley/Matt Prior podcast (ep. 50)
Episode 50 of the Autocar motoring podcast My Week In Cars finds our resident gearheads Steve Cropley and Matt Prior visiting Ariel to find out what’s coming next, trick a Bentley into believing there’s a 100mph speed limit, browse yet more car configurators, get excited by the Honda E, and talk much more besides, including… Continue reading My Week In Cars: New Steve Cropley/Matt Prior podcast (ep. 50)