NEW YORK, Oct. 18, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The Global Transmission and Distribution (T and D) Equipment Market size is estimated to grow by USD 17 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 5.24% during the forecast period. Increasing… Continue reading Transmission and Distribution (T&D) Equipment Market to grow by USD 17 Billion from 2024-2028, driven by infrastructure investment, with AI impacting market trends – Technavio
Tag: Hyundai
German FAZ: There is little sign of the car crisis 007976
There is also good news from the automotive world. While European automakers like Volkswagen and Stellantis are deep in crisis, the world’s third-largest carmaker, Hyundai Motor, began listing its India business on Monday. The South Korean company wants to raise around three billion dollars by issuing shares. That would value the business at $17 billion,… Continue reading German FAZ: There is little sign of the car crisis 007976
Skoda-Volkswagen to use affordable CMP 21 platform for EVs in India
Skoda Auto Volkswagen India Pvt Ltd (SAVIPL) is gearing up to produce a range of mainstream electric vehicles to be manufactured at the company’s Chakan facility. Both Skoda and VW are yet to introduce EVs in India and have been struggling for a while to launch the Skoda Enyaq and VW ID.4 at a competitive… Continue reading Skoda-Volkswagen to use affordable CMP 21 platform for EVs in India
Mahindra introduces Scorpio Classic Boss Edition
Mahindra has introduced a special Boss Edition of the Scorpio Classic for the festive season. It is a dealer-level upgrade that’s essentially an accessory pack with a few visual changes to the interior and exterior over the standard model. Pricing for this edition is yet to be revealed. Mahindra Scorpio Classic Boss Edition: what’s new… Continue reading Mahindra introduces Scorpio Classic Boss Edition
car&bike opens new used car store in Hyderabad in partnership with VVC Motors
Mahindra First Choice-backed auto portal, car&bike, recently launched a used car store, car&bike Select, in partnership with VVC Motors. The new store, located in Auto Nagar, Hyderabad, offers customers a wide range of certified multi-brand used cars, including models from popular manufacturers such as Hyundai, Maruti, Honda, Tata, Mahindra, and Toyota. The store also provides… Continue reading car&bike opens new used car store in Hyderabad in partnership with VVC Motors
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
How Digital Twins Are Driving Efficiency and Cutting Emissions in Manufacturing
Improving the sustainability of manufacturing involves optimizing entire product lifecycles — from material sourcing and transportation to design, production, distribution and end-of-life disposal. According to the International Energy Agency, reducing the carbon footprint of industrial production by just 1% could save 90 million tons of CO₂ emissions annually. That’s equivalent to taking more than 20… Continue reading How Digital Twins Are Driving Efficiency and Cutting Emissions in Manufacturing
German FAZ: There is little sign of the car crisis 007964
There is also good news from the automotive world. While European automakers like Volkswagen and Stellantis are deep in crisis, the world’s third-largest carmaker, Hyundai Motor, began listing its India business on Monday. The South Korean company wants to raise around three billion dollars by issuing shares. That would value the business at $17 billion,… Continue reading German FAZ: There is little sign of the car crisis 007964
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
Mobis invests in BEV parts plants in Slovakia
Hyundai Mobis signs Investment Agreement in Bratislava Hyundai Mobis Company, the main component manufacturing affiliate of South Korea’s Hyundai Motor Group (HMG), has agreed to invest around KRW350bn (US$257m) to build new manufacturing facilities in Slovakia to produce components for battery electric vehicles (BEVs). Slovakia is home to several global automakers including HMG’s Kia Corporation,… Continue reading Mobis invests in BEV parts plants in Slovakia