Kalyani Powertrain, a wholly-owned subsidiary of Bharat Forge, has signed a technology licensing agreement with Taiwan’s Compal Electronics to manufacture X86 platform servers in India. The companies finalized a Memorandum of Understanding on March 6, 2025, to develop server business using locally manufactured solutions, supporting the Indian government’s “Make in India” initiative. Under the agreement,… Continue reading Kalyani Powertrain Partners With Taiwan’s Compal Electronics to Manufacture Servers in India
Category: US Motoring Press
Hindustan Zinc Reaches 25% Women in Workforce, Sets Higher Target
Hindustan Zinc Limited, India’s largest zinc producer, announced it has achieved 25% women representation in its workforce, a significant milestone in the traditionally male-dominated metals and mining sector. The company now aims to reach 30% women representation by 2030 as part of its Sustainable Development Goals. The achievement comes as the company prepares to mark… Continue reading Hindustan Zinc Reaches 25% Women in Workforce, Sets Higher Target
Continental wins Tyre Manufacturer of the Year award, lauded for eco-friendly production
Continental has been awarded ‘Tire Manufacturer of the Year’ at this year’s Tire Technology International Awards for Innovation and Excellence. The premium tyre manufacturer received a further honour for its tyre plant in Lousado, Portugal, which can produce tyres CO2-neutrally since last year. This makes Continental the only tyre manufacturer to win two of the… Continue reading Continental wins Tyre Manufacturer of the Year award, lauded for eco-friendly production
Tesla Cannot Succeed in India: JSW’s Sajjan Jindal
Amid reports on Tesla’s imminent entry into India, JSW Group Chairman Sajjan Jindal, whose company is a recent entrant into the automotive sector, expressed skepticism about Tesla’s success in India while asserting that the US electric carmaker would not be able to compete with domestic automakers here. “He [Tesla’s Elon Musk] cannot be successful in… Continue reading Tesla Cannot Succeed in India: JSW’s Sajjan Jindal
Govt Sanctions Rs 74 cr Payment to Ola Electric under PLI Scheme
Ola Electric Technologies Private Ltd has been sanctioned an incentive payment of ₹73.74 crore to under the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components for FY24, according to a regulatory filing by Ola Electric Mobility Limited. This likely makes it the first two-wheeler maker to do so. “The payment of Rs. 73,74,36,612/-… Continue reading Govt Sanctions Rs 74 cr Payment to Ola Electric under PLI Scheme
Volkswagen ID Every1 previews entry level electric city car for Europe
Volkswagen has vowed to realise its long-held goal of an ‘affordable’ £17,000 (Rs 17.32 lakh) electric car in 2027 with the arrival of the production version of the new ID Every1 concept car. Described by Volkswagen as a model “from Europe for Europe”, the new car will serve as the spiritual successor to the Up as an A-segment city… Continue reading Volkswagen ID Every1 previews entry level electric city car for Europe
Volkswagen ID Every1 previews entry level electric city car for Europe
Volkswagen has vowed to realise its long-held goal of an ‘affordable’ £17,000 (Rs 17.32 lakh) electric car in 2027 with the arrival of the production version of the new ID Every1 concept car. Described by Volkswagen as a model “from Europe for Europe”, the new car will serve as the spiritual successor to the Up as an A-segment city… Continue reading Volkswagen ID Every1 previews entry level electric city car for Europe
Volkswagen ID Every1 previews entry level electric city car for Europe
Volkswagen has vowed to realise its long-held goal of an ‘affordable’ £17,000 (Rs 17.32 lakh) electric car in 2027 with the arrival of the production version of the new ID Every1 concept car. Described by Volkswagen as a model “from Europe for Europe”, the new car will serve as the spiritual successor to the Up as an A-segment city… Continue reading Volkswagen ID Every1 previews entry level electric city car for Europe
Yamaha develops five-seater electric golf cart with in-house battery tech
Yamaha Motor Co has announced that it will launch new five-seater electric golf carts, G30Es and G31EPs, in Japan in June 2025. The company is also planning to introduce both models to the Taiwanese market at a later date. Yamaha has targeted annual sales of 1,600 units of the two electric golfa carts. The new… Continue reading Yamaha develops five-seater electric golf cart with in-house battery tech
Yamaha develops five-seater electric golf cart with in-house battery tech
Yamaha Motor Co has announced that it will launch new five-seater electric golf carts, G30Es and G31EPs, in Japan in June 2025. The company is also planning to introduce both models to the Taiwanese market at a later date. Yamaha has targeted annual sales of 1,600 units of the two electric golfa carts. The new… Continue reading Yamaha develops five-seater electric golf cart with in-house battery tech