NEW YORK, Oct. 4, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The Global Foundry Market size is estimated to grow by USD 23.70 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 13.89% during the forecast period. Focus on technology upgrades is driving market growth, with… Continue reading Foundry Market to Grow by USD 23.70 Billion (2024-2028), with AI-Driven Insights on Technology Upgrades Boosting Growth – Technavio
Tag: JLR
Waymo to add Hyundai EVs to robotaxi fleet under new multiyear deal
Hyundai Motor and Waymo have agreed to a multiyear, strategic partnership that includes the self-driving company adding the South Korean automaker’s Ioniq 5 electric vehicle to its robotaxi fleet. Courtesy image Hyundai Motor and Waymo have agreed to a multiyear, strategic partnership that includes the self-driving company adding the South Korean automaker’s Ioniq 5 electric… Continue reading Waymo to add Hyundai EVs to robotaxi fleet under new multiyear deal
Nissan Magnite facelift priced at Rs 5.99 lakh
Nissan India has launched the Magnite facelift, with prices starting from Rs 5.99 lakh (ex-showroom, India). This mid-life refresh brings along some styling updates and introduces a few new features. However, no mechanical changes have been made to the compact SUV. These prices are, however, introductory and will be applicable for the first 10,000 deliveries,… Continue reading Nissan Magnite facelift priced at Rs 5.99 lakh
Carmakers ramp up pressure on chancellor for EV sales subsidies
The UK bosses of BMW, Ford and Land Rover-maker JLR were among those who wrote to Rachel Reeves. Photograph: Christopher Furlong/Getty View image in fullscreen The UK bosses of BMW, Ford and Land Rover-maker JLR were among those who wrote to Rachel Reeves. Photograph: Christopher Furlong/Getty Carmakers ramp up pressure on chancellor for EV sales… Continue reading Carmakers ramp up pressure on chancellor for EV sales subsidies
RSB Transmissions secures Bain Capital Investment for global expansion and M&A
Bain Capital’s financial and strategic support is expected to fuel RSB Transmissions’ growth initiatives and global expansion efforts. RSB Transmissions, a global leader in automotive, construction, and equipment systems manufacturing, has announced a strategic investment from Bain Capital, a top global private investment firm. This investment aims to support RSB’s growth initiatives, focusing on mergers… Continue reading RSB Transmissions secures Bain Capital Investment for global expansion and M&A
Mahindra LMM estimates e-SCV segment to touch 46,000 units monthly by 2030
Mahindra Last-Mile Mobility or Mahindra LMM, which is the leading electric three-wheeler manufacturer in the country, with sales of 6,140 units (+22% YoY) in September 2024, estimates volumes in the electric four-wheeler small commercial vehicle (e-SCV) segment to hit 46,000 units monthly by the end of the decade. The company says that while e-SCVs that see… Continue reading Mahindra LMM estimates e-SCV segment to touch 46,000 units monthly by 2030
Jeep Compass Anniversary Edition revealed
Jeep has introduced a special Anniversary Edition of the Compass as it celebrates the SUV’s eighth anniversary in India. The limited-run model gets some visual enhancements and an exclusive set of accessories over the standard version to set it apart. Bookings for the Compass Anniversary Edition are open at authorised dealerships and online. The Compass… Continue reading Jeep Compass Anniversary Edition revealed
RSB transmissions secures investment from Bain Capital to Drive Global Expansion and M&A Strategy
RSB Transmissions, a manufacturer in the automotive, construction, and equipment systems sectors, has announced a strategic investment from Bain Capital, a global private investment firm. The investment will support RSB’s plans for growth, focusing on mergers and acquisitions (M&A) and expanding its global operations, the company claims. Founded in 1973 by R.K. Behera and S.K.… Continue reading RSB transmissions secures investment from Bain Capital to Drive Global Expansion and M&A Strategy
Indian steel majors best-placed producers globally: Nomura
India’s steel companies are well-positioned within the global metals sector. India’s steel industry is set to expand significantly over the next few years, with plans to add around 23 million tonnes (MT) of crude steel capacity between FY24 and FY27, according to a report by Nomura. As per the report, the industry is reflecting a… Continue reading Indian steel majors best-placed producers globally: Nomura
Skoda unveils Elroq electric SUV with over 560km range
Skoda has globally unveiled the all-new Elroq electric SUV, debuting the brand’s ‘Modern Solid’ design language. It is Skoda’s first EV in the midsize SUV space that’s positioned between the flagship Enyaq iV and the upcoming Epiq compact EV due in 2025. It has already gone on sale in Europe, and while there’s no confirmation on an India launch,… Continue reading Skoda unveils Elroq electric SUV with over 560km range