Continental signs MoU with IIT-Palakkad

Continental’s Technical Center India (TCI) and Indian Institute of Technology (IIT) Palakkad have signed a Memorandum of Understanding for a three-year joint research programme. By collaborating on autonomous driving technologies, connected mobility, and advanced safety solutions, Continental and IIT-Palakkad can utilise the technical expertise of Continental and the academic expertise of IIT-Palakkad. To benefit IIT-Palakkad… Continue reading Continental signs MoU with IIT-Palakkad

Rolls-Royce, Hyundai partner for electric and hydrogen propulsIon tech for aircraft

L-R: Warren East, CEO of Rolls-Royce and Euisun Chung, Chairman of Hyundai Motor Group. Rolls-Royce and Hyundai Motor Group are to collaborate on bringing all-electric propulsion and hydrogen fuel cell technology to the Advanced Air Mobility (AAM) market. The partnership will leverage Rolls-Royce’s aviation and certification capabilities and Hyundai Motor Group’s hydrogen fuel cell technologies… Continue reading Rolls-Royce, Hyundai partner for electric and hydrogen propulsIon tech for aircraft

Mahindra Electric’s 50,000th milestone

The Mahindra Group’s last-mile mobility arm, Mahindra Electric Mobility (MEML), has celebrated the milestone of 50,000 electric 3-wheeler customers. Mahindra Electric began its electric 3-wheeler journey with the e Alfa Mini in 2017 and has since launched the Treo, Treo Yaari, Treo Zor, and e Alfa Cargo. Suman Mishra, CEO MEML said, “It is indeed a… Continue reading Mahindra Electric’s 50,000th milestone

Ola to invest Rs 4,000 crore in Battery Innovation Centre in Bengaluru

Ola Electric has announced a big-ticket investment of US$ 500 million (Rs 3994.5 crore) to set up a state-of-the-art Battery Innovation Center (BIC) in Bangalore. The company claims “BIC will be one of the world’s largest and most advanced cell R&D facilities with more than 165 unique and cutting-edge lab equipment to cover all aspects… Continue reading Ola to invest Rs 4,000 crore in Battery Innovation Centre in Bengaluru

BharatBenz set to fire on all cylinders

When Daimler India Commercial Vehicles (DICV) recently celebrated its 10th anniversary at its Oragadam plant near Chennai, its employees were literally over the moon. As Satyakam Arya, MD & CEO recalls, it was a “wonderful day” where people felt truly elated. “The Indian market is not for the fainthearted. Look how we have played this… Continue reading BharatBenz set to fire on all cylinders

Autocar Professional’s South India Special is out!

The July 15 2022 issue of Autocar Professional is a ‘South India Special’. The southern part of the country, be it Tamil Nadu, Karnataka, Telangana or Andhra Pradesh have been attracting big ticket investment from key auto manufacturers. The Chennai-Bangalore industrial corridor is a key automotive hub in the country now. Andhra Pradesh and Telangana… Continue reading Autocar Professional’s South India Special is out!

German Handelsblatt: Porsche: Germany’s most profitable car manufacturer polishes up for the stock market004745

Porsche will Investoren den für das Jahresende geplanten Börsengang schmackhaft machen – und zwar mit einem starken Wachstum und mehr Unabhängigkeit von der Konzernmutter Volkswagen. „Porsche befindet sich in einer einzigartigen Marktposition“, sagte Vorstandschef Oliver Blume am Montag auf einem Investorentag.Einerseits biete Porsche Exklusivität und verbinde dabei Luxus mit Sport. Mit einer Jahresfertigung von 300.000… Continue reading German Handelsblatt: Porsche: Germany’s most profitable car manufacturer polishes up for the stock market004745

ROLLS-ROYCE & HYUNDAI MOTOR GROUP SIGN MOU TO LEAD THE WAY IN THE ADVANCED AIR MOBILITY MARKET USING ALL-ELECTRIC PROPULSION AND HYDROGEN FUEL CELL TECHNOLOGY

The Memorandum of Understanding (MOU) between Rolls-Royce and Hyundai Motor Group includes five strategic aims: Collaborating on the technology development and requirements of power and propulsion systems for Hyundai’s Advanced Air Mobility Division. Collaborating on the industrialisation of Rolls-Royce power and propulsion systems for the Advanced Air Mobility market. Development of electric propulsion systems based… Continue reading ROLLS-ROYCE & HYUNDAI MOTOR GROUP SIGN MOU TO LEAD THE WAY IN THE ADVANCED AIR MOBILITY MARKET USING ALL-ELECTRIC PROPULSION AND HYDROGEN FUEL CELL TECHNOLOGY

German Handelsblatt: Porsche: Germany’s most profitable car manufacturer polishes up for the stock market004744

Porsche will Investoren den für das Jahresende geplanten Börsengang schmackhaft machen – und zwar mit einem starken Wachstum und mehr Unabhängigkeit von der Konzernmutter Volkswagen. „Porsche befindet sich in einer einzigartigen Marktposition“, sagte Vorstandschef Oliver Blume am Montag auf einem Investorentag.Einerseits biete Porsche Exklusivität und verbinde dabei Luxus mit Sport. Mit einer Jahresfertigung von 300.000… Continue reading German Handelsblatt: Porsche: Germany’s most profitable car manufacturer polishes up for the stock market004744

@FCA: Free2move Becomes a World Leader in Mobility With Acquisition of Share Now

July 18, 2022 , Amsterdam – Today, Free2move announced the completion of the acquisition of Share Now, the market leader and pioneer of free-floating car sharing in Europe. With this acquisition, Free2move continues its aggressive growth plan as a worldwide mobility leader, expanding its mobility hubs concept to 14 new cities. Share Now’s executive management team… Continue reading @FCA: Free2move Becomes a World Leader in Mobility With Acquisition of Share Now