Formula E has been ranked as the Best Total Performer from more than 300 global sports organisations in the 2022 Global Sustainability Benchmark in Sports (GSBS) annual report. GSBS is an independent, global not-for-profit organisation, which analyses and benchmarks the sustainability performance of professional sports organisations through an unbiased, science-driven and data-based process. The study… Continue reading Formula E tops global sustainability ranking of 50 sports
Category: US Motoring Press
Formula E tops global sustainability ranking of 50 sports
Formula E has been ranked as the Best Total Performer from more than 300 global sports organisations in the 2022 Global Sustainability Benchmark in Sports (GSBS) annual report. GSBS is an independent, global not-for-profit organisation, which analyses and benchmarks the sustainability performance of professional sports organisations through an unbiased, science-driven and data-based process. The study… Continue reading Formula E tops global sustainability ranking of 50 sports
myTVS raises further Rs. 203 crore from Lingotto
myTVS raises further Rs. 203 crore from Lingotto myTVS, a leading Indian player in the independent automobile aftermarket business, raised Rs 203 crore from an Exor fund managed by Lingotto. Lingotto is a wholly owned subsidiary of Exor NV, one of Europe’s leading holding companies. In November 2022, myTVS announced a fundraising of Rs. 487 crore… Continue reading myTVS raises further Rs. 203 crore from Lingotto
myTVS raises further Rs. 203 crore from Lingotto
myTVS raises further Rs. 203 crore from Lingotto myTVS, a leading Indian player in the independent automobile aftermarket business, raised Rs 203 crore from an Exor fund managed by Lingotto. Lingotto is a wholly owned subsidiary of Exor NV, one of Europe’s leading holding companies. In November 2022, myTVS announced a fundraising of Rs. 487 crore… Continue reading myTVS raises further Rs. 203 crore from Lingotto
Connectivity and SDVs to drive up to 30% OEM revenues from services by 2030
As vehicles increasingly transform into computers on wheels with the growing implementation of connected infotainment units as well as telematics-based connected-car technologies that allow remote control of certain vehicle features, the business model in the automobile industry is fast changing from that of selling cars to marketing features and services. OEMs are now moving towards… Continue reading Connectivity and SDVs to drive up to 30% OEM revenues from services by 2030
Connectivity and SDVs to drive up to 30% OEM revenues from services by 2030
As vehicles increasingly transform into computers on wheels with the growing implementation of connected infotainment units as well as telematics-based connected-car technologies that allow remote control of certain vehicle features, the business model in the automobile industry is fast changing from that of selling cars to marketing features and services. OEMs are now moving towards… Continue reading Connectivity and SDVs to drive up to 30% OEM revenues from services by 2030
Cummins Group India appoints Anjali Pandey as its Chief Operating Officer
Anjali Pandey has been appointed as the Chief Operating Officer (COO) for the Cummins Group in India. As the COO, Anjali’s priorities would include partnering with Cummins customers in their energy transition journey toward decarbonisation, positioning Cummins India as the global manufacturing hub, and strengthening the group’s reputation as a leading technology solutions provider. Anjali’s… Continue reading Cummins Group India appoints Anjali Pandey as its Chief Operating Officer
RDE norms to kill 17 cars, SUVs in India by April 2023
Come April 2023, the Indian Auto Industry will be met by a new set of emission regulations, called RDE or Real Driving Emissions norms. RDE can also be understood as Phase 2 of the BS6 emission norms, which will require all cars to achieve emission targets in real-world conditions, apart from also being tested in… Continue reading RDE norms to kill 17 cars, SUVs in India by April 2023
Ramkrishna Forgings to take majority stake in EV parts company Tsuyo
Ramkrishna Forgings, a leading supplier of rolled, forged, and machined products, has approved an investment to acquire up to 51% of Tsuyo Manufacturing, a New Delhi-based start-up company engaged in manufacturing powertrain solutions for electric vehicles. Tsuyo Manufacturing, which has two plants in Greater Noida and is a subsidiary company of JYVA Engineering, manufactures a varied… Continue reading Ramkrishna Forgings to take majority stake in EV parts company Tsuyo
Ramkrishna Forgings to take majority stake in EV parts company Tsuyo
Ramkrishna Forgings, a leading supplier of rolled, forged, and machined products, has approved an investment to acquire up to 51% of Tsuyo Manufacturing, a New Delhi-based start-up company engaged in manufacturing powertrain solutions for electric vehicles. Tsuyo Manufacturing, which has two plants in Greater Noida and is a subsidiary company of JYVA Engineering, manufactures a varied… Continue reading Ramkrishna Forgings to take majority stake in EV parts company Tsuyo