Category: US Motoring Press

LG, Honda to set up US joint venture to make EV batteries

Tokyo — Major South Korean battery maker LG and Japanese automaker Honda are investing $4.4 billion in a joint venture in the United States to produce batteries for Honda electric vehicles in the North American market, the two companies said Monday. The plant’s site is still undecided, but construction will begin in early 2023, with… Continue reading LG, Honda to set up US joint venture to make EV batteries

Suzuki signs MoU with African mobility startup

pic credit: wearetech.africa Suzuki Motor Corporation (Suzuki) has signed a Memorandum of Understanding with African startup company, Moove Africa B.V. (Moove) and MUFG Bank (MUFG Bank) that aims to strengthen cooperation within the African continent, and leverage the respective global networks of Suzuki and MUFG Bank to support Moove’s business expansion beyond Africa.  The MoU… Continue reading Suzuki signs MoU with African mobility startup

Honda and LG Energy Solution set up lithium-ion battery plant in the US

Honda Motor Co and LG Energy Solution have announced an agreement to establish a joint venture (JV) company to produce lithium-ion batteries in the U.S. to power Honda and Acura EV models for the North American market.  The two companies will invest a total of US $4.4 billion (Rs 35,173 crore) and establish a new… Continue reading Honda and LG Energy Solution set up lithium-ion battery plant in the US

Allison Transmission to showcase new electric axles for construction trucks at Bauma 2022

Twin-motor eGen Power 130D, a 13-tonne variant, is designed for the European and APAC markets; has continuous output of 454 kilowatts and a peak output power of 652 kilowatts. Allison Transmission, which designs and manufactures conventional and electrified vehicle propulsion solutions for medium and heavy-duty commercial vehicles, is set to make a big splash at Bauma… Continue reading Allison Transmission to showcase new electric axles for construction trucks at Bauma 2022

Can synthetic fuel replace fossil fuel globally?

Spirit Racing’s Mazda Demio runs on a cooking oil-based biofuel. Human nature (take the easiest route) and financial considerations (take the most profitable route) are arguably the two things that drive society forward. That’s especially true when solving the world’s problems, such as global warming. Electrification of cars ticks both boxes but raises the question… Continue reading Can synthetic fuel replace fossil fuel globally?

Leyland extends LCV range with two Bada Dost offerings

Ashok Leyland has introduced two new offerings in its Bada Dost range, the Bada Dost i1 and i2. It has also launched a limited edition which will have a slew of features including central locking feature, keyless entry and anti-theft features, normally seen in passenger vehicles , the company said. The i1 and i2 will… Continue reading Leyland extends LCV range with two Bada Dost offerings

Suzuki Motor Corporation to invest Rs30,000cr in new manufacturing infrastructure in India

Suzuki Motor Corporation’s planned twin facilities – a battery manufacturing unit at Hansalpur in Gujarat and a vehicle manufacturing facility in Kharkhoda, Haryana will totally attract an investment of Rs 30,000 crore. Out of this kitty, Rs 20,000 crore will be invested for the Kharkhoda plant where ICE & EV manufacturing would take place. The… Continue reading Suzuki Motor Corporation to invest Rs30,000cr in new manufacturing infrastructure in India

Bosch India joins forces with PTV Group to accelerate connected mobility 

Bosch India, one of the leading suppliers of technology and services, and the PTV Group, global market leader for mobility and logistics software, today announced their partnership to advance the future of connected mobility in India. The two companies plan to execute their shared vision of building innovative digital solutions for a sustainable, eco-friendly, and… Continue reading Bosch India joins forces with PTV Group to accelerate connected mobility 

Mercedes-Benz India appoints Santosh Iyer as MD and CEO from January 2023

Santosh Iyer: “We have a fantastic winning team comprising our colleagues and franchise partners with proven records, and I am eager to continue this winning story.” Luxury car market leader Mercedes-Benz India has announced a top-management organisational change. The company has elevated Santosh Iyer, currently its Vice-President, Sales & Marketing, to the post of Managing… Continue reading Mercedes-Benz India appoints Santosh Iyer as MD and CEO from January 2023