Inside the industry: Is Ford’s F1 deal worth the investment?

If the official figures are to be believed, Formula 1 was seen by a cumulative 1,500,000,000 people last year, giving the sport another upward tick on its hockey stick graph of growth in the wake of embracing social media, the popularity of its behind-the-scenes Netflix show and, lest we forget, two half seasons of nail-biting… Continue reading Inside the industry: Is Ford’s F1 deal worth the investment?

4WD Volkswagen ID 2 to spawn electric Golf R replacement

Volkswagen is considering a higher-riding version of the upcoming ID 2, with all-wheel drive and the potential for a performance variant which would in essence replace the Volkswagen Golf R.  Dubbed the ID 2X, the rugged variant would be similar to Volkswagen‘s previous Alltrack models. But with four-wheel-drive on hold for now, the firm has yet to receive a… Continue reading 4WD Volkswagen ID 2 to spawn electric Golf R replacement

Nissan begins all-electric heavy-duty truck trials in the US

Nissan is now using two battery electric vehicle (BEV) heavy-duty, Class 8 trucks to deliver new vehicles from the Port of Los Angeles to dealerships in the Los Angeles region. Two major manufacturers of electric heavy-duty trucks, Nikola and Kenworth, will each provide trucks that will pull traditional car haulers. The program is being conducted… Continue reading Nissan begins all-electric heavy-duty truck trials in the US

Nissan begins all-electric heavy-duty truck trials in the US

Nissan is now using two battery electric vehicle (BEV) heavy-duty, Class 8 trucks to deliver new vehicles from the Port of Los Angeles to dealerships in the Los Angeles region. Two major manufacturers of electric heavy-duty trucks, Nikola and Kenworth, will each provide trucks that will pull traditional car haulers. The program is being conducted… Continue reading Nissan begins all-electric heavy-duty truck trials in the US

Ultraviolette to raise $120 million for expansion

TVS Motor Company backed Ultraviolette Automotive Pvt. Ltd. plans to raise $120 million to fund its vehicle development and expansion plan. The maker of F77 high performance electric bikes has commenced deliveries to customers from its manufacturing facility in Bengaluru. The funds will fuel the company’s global expansion plans and support its ongoing vehicle platform… Continue reading Ultraviolette to raise $120 million for expansion

Ultraviolette to raise $120 million for expansion

TVS Motor Company backed Ultraviolette Automotive Pvt. Ltd. plans to raise $120 million to fund its vehicle development and expansion plan. The maker of F77 high performance electric bikes has commenced deliveries to customers from its manufacturing facility in Bengaluru. The funds will fuel the company’s global expansion plans and support its ongoing vehicle platform… Continue reading Ultraviolette to raise $120 million for expansion

Yamaha begins trials for last-mile delivery business in Tanzania

Yamaha Motor Co announced today that its group company CourieMate Co has signed a collaborative agreement with Tokyo-based Wassha Co, a startup developing businesses in Africa, to commercialise a last-mile delivery business in Tanzania. Based on this agreement, the two companies are proceeding with real-world proof-of-concept (PoC) testing in the country. Yamaha Motor Group company… Continue reading Yamaha begins trials for last-mile delivery business in Tanzania

RP Group to clock Rs 600 crore revenues in FY2023, targets speedy growth from OEM trim-fabric supplies

RP Group to clock Rs 600 crore revenues in FY2023, targets speedy growth from OEM trim-fabric supplies Dehradun-based RP Group, which is known through its aftermarket car seat cover brand – Autoform – is likely to close FY2023 with overall revenues touching Rs 600 crore. The company, which dominates the aftermarket car seat cover industry… Continue reading RP Group to clock Rs 600 crore revenues in FY2023, targets speedy growth from OEM trim-fabric supplies

Bosch and Nokia plan joint 6G research to integrate communications and sensors

Bosch and Nokia have announced that they will expand the alliance they entered into in 2017 to develop industrial IoT solutions in the area of 5G so that it also addresses the new 6G technology. The announcement was made at the Mobile World Congress 2023 in Barcelona. The two companies are conducting joint research on… Continue reading Bosch and Nokia plan joint 6G research to integrate communications and sensors

Volvo Cars to open new software development facility in Poland

Volvo Cars is to open a brand-new Tech Hub in Krakow, Poland’s second-largest city. The facility will be a key software development centre and play a crucial role in Volvo’s strategic ambition to be a fully electric brand by 2030 and a leader in new technology, not least through in-house software development. The Tech hub… Continue reading Volvo Cars to open new software development facility in Poland