Tag: Tata

Tata Motors shareholders’ give nod to hive-off PV biz into new entity

On the completion of the deal, TML Business Analytics Services Limited will be changed to ‘Tata Motors Passenger Vehicles Limited’. Mumbai: Shareholders of Tata Motors have approved the hiving off of its passenger vehicles business into a separate entity. The shareholders on March 5, resolution for approving the scheme of arrangement between Tata Motors Limited… Continue reading Tata Motors shareholders’ give nod to hive-off PV biz into new entity

The true disrupter in the auto industry isn’t Tesla — it’s Fisker (TSLA, FSR)

Nobody really saw this one coming. A year ago, Henrik Fisker was an admired auto-industry veteran, but with a failed startup behind him. Fisker Automotive’s 2013 bankruptcy sent Fisker back to his roots in design for a spell, but it didn’t discourage him from taking another crack at building a car company. Fisker Inc., however,… Continue reading The true disrupter in the auto industry isn’t Tesla — it’s Fisker (TSLA, FSR)

Industry, not policies, should decide the path of e-mobility: Dr Andy Palmer

Electrification is fast becoming the dominant force of change in the automotive industry the world over. And though the need for the shift towards electric mobility is undisputed, the ‘how’ and ‘when’ do throw up plenty of debate. At Autocar Professonal’s EV Forum, held on February 22-23, Dr Andy Palmer, Chairman, Switch Mobility and former… Continue reading Industry, not policies, should decide the path of e-mobility: Dr Andy Palmer

Clean Technica: UK Plugin Vehicle Share Hits 13% In February, Up 2.3× Year-On-Year — Diesels Down 61%000648

Europe’s third largest auto market, the UK, saw 13% plugin electric vehicle market share in February, up 2.3× from 5.7% a year ago. The overall auto market was down 35.5% year-on-year due to continuing lockdowns, which are currently planned to lift in mid April. Diesel powertrain sales volume fell by over 61% year-on-year and are… Continue reading Clean Technica: UK Plugin Vehicle Share Hits 13% In February, Up 2.3× Year-On-Year — Diesels Down 61%000648

Mumbai: Up to 4% dip in electricity rates; e-vehicle charging also cheaper

The drop will be a relief to many residential, commercial and industrial users who were financially hit in the Covid-19 lockdown. Pending power bill payments today amount to over Rs 45,000 crore across the state, said sources. MUMBAI: The overall electricity tariff across power utilities in the city will either remain unchanged or decrease up… Continue reading Mumbai: Up to 4% dip in electricity rates; e-vehicle charging also cheaper

Indian state’s hiring rule spells disaster, industry group warns

Haryana’s rule affects firms including India’s biggest carmaker Maruti Suzuki and business process outsourcing firms such as Genpact. By Sankalp Phartiyal and Aditi Shah NEW DELHI: India’s northern state of Haryana, where several automakers, component suppliers and big tech firms are based, faces an investment and development crisis from a new hiring rule to tackle… Continue reading Indian state’s hiring rule spells disaster, industry group warns

Austria’s Magna helps Sony and carmakers in race for EVs

TOKYO/FRANKFURT, Germany — Magna Steyr of Austria, the world’s largest contract manufacturer of automobile bodies, is drawing attention as new entrants in the auto industry from other sectors increase amid a global shift to electric vehicles. Magna, which counts Sony among its clients, is becoming the Foxconn of the auto industry, company President Frank Klein… Continue reading Austria’s Magna helps Sony and carmakers in race for EVs

The future is connected

The role of technology has gained tremendous significance in the 21st century and many industries, businesses and communities have experienced this digital disruption first-hand. The year 2020 has been an example of how crucial technology has become in today’s ‘socially distant’ reality. The internet during this period has played a pivotal role in ensuring that… Continue reading The future is connected