US Motoring Press – Page 2702 – I wish I had more to offer

Tamil Nadu announces new EV Policy, targets Rs 50,000 crore investments in EV space

Tamil Nadu announces new EV Policy, targets Rs 50,000 crore investments in EV space Tamil Nadu Government today introduced new EV policy, which gives various sops including reimbursement of state goods and services tax (SGST), investment and turnover based subsidy, advanced chemistry cell subsidy, electrification of public and commercial transport, formation of electric vehicle cities… Continue reading Tamil Nadu announces new EV Policy, targets Rs 50,000 crore investments in EV space

Ford axes 3800 jobs in Europe, 1300 of them in the UK

Ford has announced 3800 job cuts across Europe – primarily in Germany and the UK – as part of a dramatic cost-cutting programme. Ford of Europe boss Martin Sander announced the cuts today, explaining that the company’s local workforce is being downsized in pursuit of a “leaner and more cost-competitive structure”. Ford’s European engineering operations are… Continue reading Ford axes 3800 jobs in Europe, 1300 of them in the UK

Ford axes 3800 jobs in Europe, 1300 of them in the UK

Domestic CV industry continues to recover steadily, approaching pre-Covid highs: ICRA

Domestic CV industry continues to recover steadily, approaching pre-Covid highs: ICRA The domestic commercial vehicle (CV) industry is expected to grow by 7–10% in FY2024, following growth of 24-26% in FY2023, according to ICRA. This growth would be fueled by the government’s ongoing focus on infrastructure development as well as the continued strength of underlying… Continue reading Domestic CV industry continues to recover steadily, approaching pre-Covid highs: ICRA

MAHLE climatic wind tunnel ‘goes electric’

Over 40 degrees Celsius heat, the sun burning on the car, hardly cooling wind. These are difficult conditions for the temperature-sensitive Lithium-ion battery. If an electric car is then charged quickly, the battery can become too hot and be damaged. To be able to test this realistically, MAHLE has now equipped its climatic wind tunnel in… Continue reading MAHLE climatic wind tunnel ‘goes electric’

MAHLE climatic wind tunnel ‘goes electric’

Tata Daewoo Commercial Vehicles launches 2023 Dexen Vision in South Korea

Tata Daewoo Commercial Vehicles, a wholly owned subsidiary of Tata Motors, launched its new light and intermediate truck, Dexen Vision, in South Korea. “The Dexen Vision is designed and engineered keeping in mind the evolving needs of the drivers and fleet owners and offers a competitive edge in the South Korean commercial vehicle industry,” the… Continue reading Tata Daewoo Commercial Vehicles launches 2023 Dexen Vision in South Korea

ICRA revises FY2024 outlook for toll roads to stable from positive

ICRA has revised the outlook on the toll roads sector to stable from positive for FY2024, against the backdrop of easing WPI inflation to 4.95 percent in December 2022 and an expected WPI inflation of less than 2 percent in March 2023. The inflation-linked toll hike should be relatively modest at 2-5 percent in FY2024,… Continue reading ICRA revises FY2024 outlook for toll roads to stable from positive

Skoda Auto Volkswagen India installs 18.5 MW solar rooftop at Chakan plant

Skoda Auto Volkswagen India has taken another significant step towards green energy. In line with the Volkswagen Group’s global ‘goTOzero’ mission, the company has inaugurated a 18.5 MW solar-power rooftop at its Chakan plant in Pune, Maharashtra. Besides reducing its dependence on non-renewable energy, this move will help meet the Group’s global target of carbon… Continue reading Skoda Auto Volkswagen India installs 18.5 MW solar rooftop at Chakan plant