Abhishek Poddar said, “We’re pleased to have closed this $405 million fundraising for Vertelo, MAM’s largest investment commitment in the electric vehicle space in Asia.” Macquarie Asset Management, leading infrastructure asset manager, raised $405 million for Vertelo, a fleet electrification solutions platform in India. The funding includes $205 million from institutional investors, and $200 million… Continue reading Macquarie raises $405 mn for Indian EV platform Vertelo
Tag: Tata
Hyundai Exter Pro Pack launched; prices start from Rs 7.98 Lakh
Hyundai Exter Pro Pack has been launched from Rs 7.98 lakh (ex-showroom). The Exter Pro Pack gets cosmetic upgrades, more features and a new exterior paint shade. As part of the new Pro Pack, the Exter gets additional plastic cladding along the wheel arches. Additionally, there’s a new faux side skid plate as well that… Continue reading Hyundai Exter Pro Pack launched; prices start from Rs 7.98 Lakh
Tata Elxsi Establishes ‘SUZUKI-TATA ELXSI Cloud HIL Center’ to Accelerate Software-Defined Vehicle Programs
TRIVANDRUM, India, Aug. 21, 2025 /PRNewswire/ — Tata Elxsi, a global leader in design and technology services, and Suzuki Motor Corporation, a Japanese multinational mobility manufacturer, today inaugurated the SUZUKI–TATA ELXSI Cloud HIL Center in Trivandrum, India. This dedicated facility is Suzuki’s first full-vehicle cloud-enabled Hardware-in-the-Loop (HIL) validation center and represents the second engineering center established… Continue reading Tata Elxsi Establishes ‘SUZUKI-TATA ELXSI Cloud HIL Center’ to Accelerate Software-Defined Vehicle Programs
Lear Earns Seven Top Finishes in J.D. Power Seat Quality and Satisfaction Study, Leading All Automotive Suppliers
SOUTHFIELD, Mich., Aug. 21, 2025 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global leader in automotive Seating and E-Systems technology, achieved seven top-four finishes in the J.D. Power 2025 U.S. Seat Quality and Satisfaction StudySM— more than any other seating competitor for the third consecutive year. Lear Corporation Logo. (PRNewsFoto/Lear Corporation) (PRNewsfoto/Lear Corporation) Lear’s achievements in the… Continue reading Lear Earns Seven Top Finishes in J.D. Power Seat Quality and Satisfaction Study, Leading All Automotive Suppliers
Western carmakers ‘have ceded affordable EV market to China’
BYD Seagull on display in Bangkok. The Chinese carmaker has become known for its more affordable electric vehicles – Anusak Laowilas/NurPhoto Affordable Chinese electric vehicles (EVs) are poised to dominate Britain’s roads as Western brands turn to luxury models, experts have said. About 10pc of new cars sold in the UK already come from China,… Continue reading Western carmakers ‘have ceded affordable EV market to China’
Tata Elxsi Establishes ‘SUZUKI-TATA ELXSI Cloud HIL Center’ to Accelerate Software-Defined Vehicle Programs
TRIVANDRUM, India, Aug. 21, 2025 /PRNewswire/ — Tata Elxsi, a global leader in design and technology services, and Suzuki Motor Corporation, a Japanese multinational mobility manufacturer, today inaugurated the SUZUKI–TATA ELXSI Cloud HIL Center in Trivandrum, India. This dedicated facility is Suzuki’s first full-vehicle cloud-enabled Hardware-in-the-Loop (HIL) validation center and represents the second engineering center established… Continue reading Tata Elxsi Establishes ‘SUZUKI-TATA ELXSI Cloud HIL Center’ to Accelerate Software-Defined Vehicle Programs
July 2025 new car pre-registration figures
SMMT released figures for July pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in July 2025 that were defined as pre-registrations. The Supply of New Cars Order 2000 requires motor manufacturers to publish the number of pre-registered cars supplied and the gross income received… Continue reading July 2025 new car pre-registration figures
Industry Explores Future Needs at Diecast Summit 2025
The Tooling business of Godrej Enterprises Group, along with its global partners, hosted the Diecast Summit 2025 on August 19 in Vikhroli, Mumbai. The event was organized in collaboration with technology partners Voestalpine, Oskar Frech Group, Magma, and Kraemer & Grebe. The summit brought together more than 100 representatives from customer and partner organizations, including… Continue reading Industry Explores Future Needs at Diecast Summit 2025
Gadkari Pushes For Flash Charging Electric Bus System on Highways
In a bid to improve sustainable public transport services across cities, Minister of Road, Transport and Highways Nitin Gadkari on Wednesday advocated the rollout of a flash-charging-based electric articulated bus system on new highways. “It is essential to transform the public transport system in the country…With new highways connecting the cities seamlessly, I wish to… Continue reading Gadkari Pushes For Flash Charging Electric Bus System on Highways
Autocar Professional’s Aug 15, 2025 Edition is out!
In this edition, Autocar Professional examines Tata Motors’ bold global move— the €3.8 billion acquisition of Iveco Group’s core business. The cover story explores the strategic logic, financial structure, and integration challenges of the deal, positioning it as a defining moment in Tata’s bid to join the top ranks of global commercial vehicle players. The… Continue reading Autocar Professional’s Aug 15, 2025 Edition is out!