Ansys, a global leader and innovator of engineering simulation software, and Tata Consultancy Services (TCS), the leading global IT services, consulting, and business solutions organisation, have signed an MoU to bolster electric vehicle (EV) technology development. Under the agreement, TCS will develop a Centre of Excellence (CoE) for Advanced Digital Engineering for vehicle electrification in… Continue reading Ansys and TCS join forces to develop solutions for e-powertrain components
Category: US Motoring Press
Mahindra introduces metaverse platform XUV400verse
With the XUV400verse Mahindra is one the latest automakers to jump on the metaverse platform for their Electric XUV400 to strengthen their outreach with millennial and Gen-Z audiences. The XUV400verse will jostle for attention between existing automakers like Maruti, MG Motors, and even luxury car maker Volvo who all are looking to provide an immersive brand experience… Continue reading Mahindra introduces metaverse platform XUV400verse
Mahindra introduces metaverse platform XUV400verse
With the XUV400verse Mahindra is one the latest automakers to jump on the metaverse platform for their Electric XUV400 to strengthen their outreach with millennial and Gen-Z audiences. The XUV400verse will jostle for attention between existing automakers like Maruti, MG Motors, and even luxury car maker Volvo who all are looking to provide an immersive brand experience… Continue reading Mahindra introduces metaverse platform XUV400verse
Mahindra introduces metaverse platform XUV400verse
With the XUV400verse Mahindra is one the latest automakers to jump on the metaverse platform for their Electric XUV400 to strengthen their outreach with millennial and Gen-Z audiences. The XUV400verse will jostle for attention between existing automakers like Maruti, MG Motors, and even luxury car maker Volvo who all are looking to provide an immersive brand experience… Continue reading Mahindra introduces metaverse platform XUV400verse
Ferrari heir establishes trust for supercar firm stake
Piero Ferrari, son of founder Enzo and Ferrari’s second-largest shareholder, put in place a family trust this month to manage his 10 percent stake in the Italian luxury sports carmaker, as per Reuters, citing a US regulatory filing. The move outlines succession plans in relation to the group’s shareholding structure. Piero Ferrari’s daughter Antonella, as… Continue reading Ferrari heir establishes trust for supercar firm stake
Ferrari heir establishes trust for supercar firm stake
Piero Ferrari, son of founder Enzo and Ferrari’s second-largest shareholder, put in place a family trust this month to manage his 10 percent stake in the Italian luxury sports carmaker, as per Reuters, citing a US regulatory filing. The move outlines succession plans in relation to the group’s shareholding structure. Piero Ferrari’s daughter Antonella, as… Continue reading Ferrari heir establishes trust for supercar firm stake
Vedanta implements EV policy for all employees.
Vedanta implements EV policy for all employees. Vedanta, a globally diversified natural resources company, has announced the implementation of its EV policy for all employees, with incentives ranging from 30 percent to 50 percent for different employee grades to purchase 4-wheeler and 2-wheeler electric vehicles. According to the company, road transportation accounts for nearly 12… Continue reading Vedanta implements EV policy for all employees.
Auto parts sector revenue grows 35% in H1FY23
Riding high on robust vehicle sales India’s auto parts makers recorded 34.8 percent growth in revenue at Rs 2.65 lakh crore in the fiscal first half from a year earlier, showed data issued on Wednesday by the Automotive Component Manufacturers Association (ACMA). According to Vinnie Mehta, Director General, ACMA with vehicle sales and exports gaining… Continue reading Auto parts sector revenue grows 35% in H1FY23
Axalta’s automotive colour for 2023 is Techno Blue
Axalta Coating Systems has announced its 2023 Global Automotive Colour of the Year – Techno Blue. This is the ninth year the company has featured a trending colour. According to the company, Techno Blue is a pulsating colour that is right on beat with the rhythm of today’s lively energy. The modern, whimsical shade also… Continue reading Axalta’s automotive colour for 2023 is Techno Blue
Tata Motors to double EV production
Led by the launch of the new Tiago.EV, Tata Motors, India’s largest electric car maker, is aiming to double its monthly EV volumes to about 8,000-10,000 units per month. Tata Motors is set to cross EV sales of 50,000 units annually in FY23, which means, it is on course for a billion-dollar revenue from its… Continue reading Tata Motors to double EV production