Battery major Amara Raja Energy & Mobility Ltd plans to invest over Rs 1,000 crore in its New Energy Business during the financial year 2026, as it continues to prioritize research and development, and manufacturing of lithium-ion (Li-ion) cells. Recognising the growing demand for Li-ion batteries, India’s largest lead acid battery manufacturer is setting up… Continue reading Amara Raja to invest over Rs 1,000 crore for Li-ion cell biz in FY26
Category: US Motoring Press
Ultraviolette launches the F77 MACH 2 and new innovations at EICMA 2024
Ultraviolette has launched the F77 MACH 2 at the 110th edition of EICMA in Milan, marking a significant milestone in the company’s European expansion. The F77 MACH 2 is priced at 9,990 € and is approved for road use for all motorcycle license holders, including those with A1 and A2 licenses across Europe. In addition… Continue reading Ultraviolette launches the F77 MACH 2 and new innovations at EICMA 2024
Sharad Agarwal appointed Chief Business Officer at Classic Legends
Sharad Agarwal joins Classic Legends as Chief Business Officer, overseeing sales, network expansion, and service, Classic Legends has announced the appointment of Sharad Agarwal as its Chief Business Officer (CBO). With a strong background in scaling businesses, Sharad brings valuable strategic experience to help the company achieve its business objectives. In his new role, Sharad… Continue reading Sharad Agarwal appointed Chief Business Officer at Classic Legends
Ducati unveils the new Panigale V2 and Streetfighter V2 at EICMA 2024
Ducati has introduced new models in its twin-cylinder bike lineup, the Panigale V2 and Streetfighter V2, featuring the latest Ducati V2 engine. These models, unveiled at EICMA, highlight Ducati’s focus on performance, offering a combination of lightness, sporty track capabilities, and road-riding enjoyment. The Panigale V2 marks a significant step forward in Ducati’s sportbike development,… Continue reading Ducati unveils the new Panigale V2 and Streetfighter V2 at EICMA 2024
Tractor retail sales grows 3% in October; Escorts Kubota sees decline
Retail sales of tractors increased by 3% YoY in October 2024 on the back of robust market sentiments, supported by a better monsoon, the festival season, and increase in minimum support price, according to the Federation of Automobile Dealers Associations (FADA). The total retail tractor sales grew to 64,433 units in October 2024 from 62,507… Continue reading Tractor retail sales grows 3% in October; Escorts Kubota sees decline
Marelli joins Nissan Formula E Team as technical partner
Marelli has announced a new role as the technical partner for the Nissan Formula E Team, under an initial two-year agreement. With more than a century of experience as a technology partner in both the automotive and motorsport sectors, Marelli is focused on collaborating with customers and partners to advance mobility. This partnership allows the… Continue reading Marelli joins Nissan Formula E Team as technical partner
Mahindra Tractors launches personalised virtual drive experience
As part of its 60th-anniversary celebration, Mahindra Tractors, India’s top tractor brand, has introduced a virtual tractor drive experience. This new initiative enables customers to create a personalised, realistic video of themselves driving a Mahindra Tractor. Following the launch of “Desh ka Tractor: Mitti se juda, Junoon se Saja,” a campaign honoring the Indian farming… Continue reading Mahindra Tractors launches personalised virtual drive experience
Henkel records 3.3% organic increase in group sales year-over-year
Henkel Group continued its growth trajectory into the third quarter of 2024, recording group sales of around 5.5 billion euros, a 3.3% organic increase year-over-year. The growth was attributed to effective price strategies and strong demand across the company’s main business units. In nominal terms, this represents a 1.0% rise compared to Q3 2023, showing… Continue reading Henkel records 3.3% organic increase in group sales year-over-year
Henkel Adhesives Technologies India records 3.3% organic increase in group sales year-over-year
Henkel Adhesives Technologies India continued its growth trajectory into the third quarter of 2024, recording group sales of around 5.5 billion euros, a 3.3% organic increase year-over-year. The growth was attributed to effective price strategies and strong demand across the company’s main business units. In nominal terms, this represents a 1.0% rise compared to Q3… Continue reading Henkel Adhesives Technologies India records 3.3% organic increase in group sales year-over-year
Sterling Tools partners with China’s GLVAC to manufacture high voltage components for Electric Vehicles in India
Sterling Tools Limited, India’s second-largest automotive fastener manufacturer, has announced a partnership with Kunshan GLVAC Yuantong New Energy Technology Co., Ltd. (GLVAC YT), a subsidiary of China’s Kunshan GuoLi Electronic Technology Co., Ltd. (GLVAC). Through its wholly-owned subsidiary Sterling Tech-Mobility Limited, Sterling Tools aims to localise the production of advanced High Voltage Direct Current (HVDC)… Continue reading Sterling Tools partners with China’s GLVAC to manufacture high voltage components for Electric Vehicles in India