Cyrus Mistry (left) had succeeded Ratan Tata as chairman of Tata Sons in 2012 but was ousted four years later. The Supreme Court today pronounced its long-awaited verdict in the Tata-Mistry case, one of corporate India’s bitterest-ever boardroom brawls, ruling in favour of Tata Group and junking appeals by Cyrus Investments. The verdict was pronounced… Continue reading Tata-Mistry case: Supreme Court rules in favour of Tata Group, junks appeals of Cyrus Mistry camp
Tag: JLR
Foretellix Partners with Jingwei HiRain, to Accelerate the Use of its Automated Driving Systems Verification & Validation Platform in China
BEIJING and TEL AVIV, Israel, March 25, 2021 /PRNewswire/ — Jingwei HiRain, a Tier 1 provider and a leading high-tech automotive technology supplier in China, and Foretellix, a leading Automated Driving Systems Verification solution provider, announced a new partnership to accelerate the distribution and adoption of Foretify™, Foretellix’s verification & validation platform and enable mass… Continue reading Foretellix Partners with Jingwei HiRain, to Accelerate the Use of its Automated Driving Systems Verification & Validation Platform in China
Berlin’s Blacklane raises $26M to expand its high-end chauffeur-driven sustainable car service
As the Ubers of the world continue to scale, a smaller on-demand transportation startup has raised some funding in Germany, underscoring the opportunities that remain for startups in the space targeting specific service niches. Blacklane — the Berlin startup that provides on-demand black-car chauffeur services in Berlin, London, Dubai, Los Angeles, New York, Paris, Singapore… Continue reading Berlin’s Blacklane raises $26M to expand its high-end chauffeur-driven sustainable car service
Ralf Speth to take over as TVS Motor Chairman in 2023
Ralf Speth, who joined the TVS Motor Company Board of Directors on Wednesday, will take over as Chairman in January 2023. Venu Srinivasan will become Chairman Emeritus at that point in time. The former CEO of Jaguar Land Rover has been appointed to the TVS Motor Board ‘with a clear eye on the future’. Speth… Continue reading Ralf Speth to take over as TVS Motor Chairman in 2023
Auto industry CEOs discuss CO2 with Timmermans
Brussels, 24 March 2021 – Under the umbrella of the European Automobile Manufacturers’ Association (ACEA), the CEOs of Europe’s car makers met last week with the European Commission Vice-President for the European Green Deal, Frans Timmermans, for a constructive discussion on climate change and CO2 emissions. “EU policy makers and the auto industry share the… Continue reading Auto industry CEOs discuss CO2 with Timmermans
@niche: Unique flat EV chassis maker REE to open large facility in the UK000667
We’ve written about Israeli company REE Automotive and its remarkable super-flat modular EV chassis several times before. The company has a drastically disruptive offer for automakers; we’ll build you a skateboard electric vehicle chassis full of batteries, as well as your entire electric drivetrain, with more or less whatever characteristics you want in the motors,… Continue reading @niche: Unique flat EV chassis maker REE to open large facility in the UK000667
India’s carbon neutral aim hinges on top emitters using hydrogen
Emissions from India’s steel industry are projected to more than triple to 837 million tons over the next three decades as demand for the alloy more than quadruples, The Energy and Resources Institute said in a report last year. India’s steel mills, the second-largest producers globally, expect hydrogen-based production to be key to cutting pollution… Continue reading India’s carbon neutral aim hinges on top emitters using hydrogen
Ineos founder’s Land Rover rival faces launch delay due to Covid lockdowns
The Land Rover-rival being built by the billionaire Sir Jim Ratcliffe may be delayed by up to six months amid difficulties caused by the coronavirus pandemic. Ineos, the chemicals company founded by Ratcliffe, had planned to deliver the first of the new Grenadier vehicles in early 2022, but is now considering a new launch date… Continue reading Ineos founder’s Land Rover rival faces launch delay due to Covid lockdowns
Continental electronics-laden Jaguar i-Pace launched in India at Rs 1.05 crore
Jaguar Land Rover, which recently announced its intent to go all-electric by as early as 2025, today introduced the Jaguar i-Pace electric crossover in India. Launched at a price-tag of Rs 1.05 crore, ex-showroom, India, the i-Pace is only the second electric luxury SUV currently on sale in the country after the Mercedes-Benz EQC. The… Continue reading Continental electronics-laden Jaguar i-Pace launched in India at Rs 1.05 crore
India to launch supercharged push for global electric vehicle players
To benefit from the scheme automakers must meet conditions including minimum global revenue of $1.4 billion. For auto parts makers it is $69 million. The companies must grow by at least 8% each year to qualify for the incentives, which are also linked to the distance between the factory and point of sale. By Aditi… Continue reading India to launch supercharged push for global electric vehicle players