Tesla is on the cusp of launching a range of “more affordable models” in a bid to broaden its appeal after it logged its first annual decline in sales since becoming a mainstream brand. It sold 1.79 million cars last year, down from 1.81m in 2023. The new cars are intended to ultimately boost Tesla‘s… Continue reading Tesla to launch ‘more affordable models’ by the summer
Category: US Motoring Press
Rane Madras reports Q3 net loss as margins face headwinds
Rane (Madras) Limited (RML), a prominent manufacturer of steering and suspension systems, reported a consolidated net loss of ₹0.2 crore for the third quarter ended December 31, 2024, marking a sharp reversal from a profit of ₹9.1 crore in the same period last year. The company’s consolidated revenue remained relatively flat at ₹523.7 crore, showing… Continue reading Rane Madras reports Q3 net loss as margins face headwinds
Auto Expo 2025 – Dialogues | Zakir Hussein, CEO, Alkraft Thermotechnologies
With growing electrification in the heavy-commercial vehicle segment, the company eyes synergies in products such as radiators, and coolers, which find application in ICE as well as EVs. At the recently-concluded Auto Expo 2025, Autocar Professional exclusively spoke with top industry executives to gauge their future technology and business strategies for the Indian market which is likely to witness… Continue reading Auto Expo 2025 – Dialogues | Zakir Hussein, CEO, Alkraft Thermotechnologies
Auto Expo 2025 – Dialogues | Zakir Hussein, CEO, Alkraft Thermotechnologies
With growing electrification in the heavy-commercial vehicle segment, the company eyes synergies in products such as radiators, and coolers, which find application in ICE as well as EVs. At the recently-concluded Auto Expo 2025, Autocar Professional exclusively spoke with top industry executives to gauge their future technology and business strategies for the Indian market which is likely to witness… Continue reading Auto Expo 2025 – Dialogues | Zakir Hussein, CEO, Alkraft Thermotechnologies
Pricol’s nine-month profits rise 33% to Rs 1,320 million in FY25
Coimbatore-based automotive technology company Pricol Limited announced its financial results for the third quarter and nine months of FY2024-25 on January 30, 2025. The company reported consolidated profit after tax of Rs 1,320.82 million for the nine-month period, representing a 33.27% increase compared to the same period in the previous year. For Q3 FY25, Pricol’s… Continue reading Pricol’s nine-month profits rise 33% to Rs 1,320 million in FY25
Auto Expo 2025 – Dialogues | Nitin Jirafe, VP, Engine Business, Cummins India, and MD, Tata Cummins
In this exclusive interview at the Auto Expo 2025, we unravel Cummins India’s future plans in an industry which increasingly witnessing the shift to sustainable propulsion technologies. According to Nitin Jirafe, VP, Engine Business, Cummins India, and MD, Tata Cummins, “The transition to green energy will not be a ‘light switch event’. In this conversation,… Continue reading Auto Expo 2025 – Dialogues | Nitin Jirafe, VP, Engine Business, Cummins India, and MD, Tata Cummins
JSW MG Motor India launches fourth battery storage project using recycled EV batteries
JSW MG Motor India has partnered with LICO Materials to develop a new Battery Energy Storage System (BESS) that repurposes batteries from MG ZS electric vehicles. The project, unveiled on January 30, 2025, marks the company’s fourth initiative under its Project Revive program and offers storage capacities ranging from 18kWh to 300kWh. The system, developed… Continue reading JSW MG Motor India launches fourth battery storage project using recycled EV batteries
Toyota launches watershed development project in Karnataka’s drought-prone region.
Toyota Kirloskar Motor (TKM) has partnered with the Watershed Organisation Trust (WOTR) to implement a watershed management initiative in Karnataka’s Aurad Taluk, targeting 11,026 residents across nine villages. The project, named ‘Jeevan Dhara’, will cover 5,322.34 hectares and aims to address water scarcity and agricultural challenges in the region. The agreement was formalized through a… Continue reading Toyota launches watershed development project in Karnataka’s drought-prone region.
Forging a new path: The cultural shift required for automotive steel
According to Ranjan Dhar, Director and Vice President of Sales and Marketing at ArcelorMittal Nippon Steel India. “Steelmakers eyeing the automotive sector must look beyond the product itself and adopt a comprehensive approach that integrates service and ecosystem considerations. Unlike commodity steel, automotive-grade steel demands an organizational transformation—a “cultural shift” that permeates all aspects of… Continue reading Forging a new path: The cultural shift required for automotive steel
Creatara Mobility launches 2 electric scooters – IN40, VM4
New Delhi-based electric vehicle startup Creatara Mobility has launched its first set of production-ready electric scooter models: IN40 and VM4. The company has opened the bookings for these models and expects to start deliveries within a couple of months. Creatara, set up by two IIT-Delhi graduates Vikas Gupta and Ringlarei Pamei, aims to provide safe… Continue reading Creatara Mobility launches 2 electric scooters – IN40, VM4