Hexagon Manufacturing Intelligence India has unveiled ENSPEC, a multidimensional coordinate measuring machine (CMM). Produced at Hexagon’s Noida facility, ENSPEC is available for shipment from September 2024. The new CMM integrates advanced technology and is designed to support various industries by offering a choice of measurement solutions, including touch-trigger probes and scanning sensors. This will enable… Continue reading Hexagon launches first made-in-India coordinate measuring machine ENSPEC
Category: US Motoring Press
Ex-demo cars slash up to 54% off cost of new EVs
Dealers are offering discounts of more than 50% on ex-demonstrator electric cars as they battle slowing demand. The incentives mean that low-mileage examples of EVs such as the Nissan Leaf and Vauxhall Mokka Electric can be bought for less than their nearest petrol-powered equivalents with similar mileage. They are being offered in part to ensure the… Continue reading Ex-demo cars slash up to 54% off cost of new EVs
Why in-wheel motors are the next big thing for electric cars
In-wheel motors (IWMs) have been around since the world got serious about electric propulsion. GM’s Autonomy of 2002 concept was an FCEV with a skateboard chassis propelled by IWMs. GM had working demonstrators, including a Chevrolet S-10 pick-up with IWMs driving the rear wheels plus a single motor at the front. For the past 15… Continue reading Why in-wheel motors are the next big thing for electric cars
Alpine’s tri-motor tech to create ‘perceived lightness’ in heavy EVs
Alpine will use innovative power management software in its electric cars to ensure that a feeling of “perceived lightness” counteracts the added bulk of an EV powertrain and enables true sports car handling. The firm’s sole current model, the 1100kg A110, is one of the lightest cars in series production – a key component in… Continue reading Alpine’s tri-motor tech to create ‘perceived lightness’ in heavy EVs
Electric brand recognition pales in comparison with historic names
Covid, semiconductor chip shortages, the cost of living crisis, the threat of fines for failing to sell electric cars when the demand is not there: any one of these feels like a once-in-a-decade shock, yet the fact that these events have all come on top of each other has removed any semblance of normality in… Continue reading Electric brand recognition pales in comparison with historic names
Hyundai India submits Rs 1,500 crore PFR for modernization of Tamil Nadu plant
Hyundai Motor India, a subsidiary of the South Korean automotive giant Hyundai, recently submitted a pre-feasibility report (PFR) outlining plans for a Rs 1,500 crore revitalization and modernization project at its existing facility in Tamil Nadu. The proposed expansion aims to increase the plant’s footprint from 5.40 lakh square meters to 7.21 lakh square meters,… Continue reading Hyundai India submits Rs 1,500 crore PFR for modernization of Tamil Nadu plant
Auto giants launch a flurry of cheaper electric vehicles — taking the fight to China
Carlos Tavares, chief executive officer of Stellantis NV, beside a Citroen C5 Aircross Concept automobile at the Paris Motor Show in Paris, France, on Monday, Oct. 14, 2024. Bloomberg | Bloomberg | Getty Images PARIS, France — Several of Europe’s biggest carmakers unveiled low-cost electric vehicles (EVs) at the Paris Motor Show this week, seeking… Continue reading Auto giants launch a flurry of cheaper electric vehicles — taking the fight to China
Hyundai India IPO gets 2.4x subscription as institutional investors drive in
Hyundai Motor India’s highly anticipated Initial Public Offering (IPO) subscription concluded on Thursday, drawing subscriptions 2.37 times the number of shares on offer. The three-day subscription, which started on Tuesday, saw tepid investor interest in the first two days. However, a strong demand from Qualified Institutional Buyers (QIBs) on the final day ensured the successful… Continue reading Hyundai India IPO gets 2.4x subscription as institutional investors drive in
CEAT Q2 FY25 results: EBITDA misses consensus, revenue in line
Tyre manufacturer CEAT Ltd reported a consolidated net profit of ₹121.5 crore on consolidated revenues of ₹3,304.5 crore for the quarter ended September 30. The company’s consolidated EBITDA for the quarter stood at ₹367.9 crore, with an operating (EBITDA) margin of 11.1%, a 102 basis points decline quarterly. Its revenue rose by 8.2% on-year, and… Continue reading CEAT Q2 FY25 results: EBITDA misses consensus, revenue in line
Ferrari F80 succeeds LaFerrari with 1184bhp F1 V6 powertrain
All in, the powertrain sends a combined 1184bhp to all four wheels for a claimed 0-62mph in 2.15sec and 0-124mph in just 5.75sec. This trumps both the McLaren W1 and the Mercedes-AMG One. Different modes offer varying power levels, with Hybrid, Performance and Qualify selectable via the eManettino switch on the steering wheel. There is… Continue reading Ferrari F80 succeeds LaFerrari with 1184bhp F1 V6 powertrain