The global diesel exhaust fluid (DEF) market is forecast to reach $ 21.57 billion by 2022 from $10.64 billion in 2016 at a CAGR of 13.06% during (2017-2022) driven by the increasing penetration of selective catalytic reduction (SCR) technology in exhaust system owing to stringent emission regulations and frequent re-filling of DEF, according to ReportsnReports.

Robert Bosch Venture Capital (RBVC) has sold its share in Aethon Inc, an autonomous robot maker, to Vision Technologies Land Systems Inc (VTLS), a wholly-owned subsidiary of Singapore Technologies Engineering Ltd (ST Engineering).

Ford Motor Company, which is aiming to provide customers with affordable and capable electric vehicles, has formed a joint venture with Anhui Zotye Automobile Co Ltd, a major manufacturer of zero-emission all-electric vehicles in China.The JV will develop, produce, market and service a new line of all-electric passenger vehicles in China.

Continental has introduced the Active Purge Pump (APP) as a new solution to meet stricter hydrocarbon evaporation legislation around the globe. Gasoline fuel is not only highly combustible, it also evaporates easily. The fumes - which contain benzene - pose a health hazard when inhaled and in combination with sunlight and exhaust gases they can cause photochemical smog which is a concern in large cities. This is why modern gasoline cars have a system onboard to minimise hydrocarbon emissions.

Prima Power Laserdyne has introduced SmartTechniques technology for laser welding. This new technology increases the productivity, quality and capability in laser welding as well as in laser cutting and drilling. Both the CW (continuous wave) and QCW (quasi-continuous wave) sources provide a combination of wavelength, beam quality, and power

Automotive and transportation industry is expected to drive the demand for performance elastomers market during 2017-2022, according to MarketsandMarkets study, which predicts the performance elastomers market to reach $ 16.75 billion by 2022.

Japanese auto major Nissan Motor Co has sold its electric battery business to Chinese investment firm GSR Capital for an undisclosed sum. The business to be sold to GSR includes battery plants in Tennessee, England and Japan. Nissan will first take full control of the business - Automotive Energy Supply Corp - by buying the combined 49% minority stake held by NEC Corp and its subsidiary NEC Energy Devices.

Two wheelers account for 26% of total road crash deaths in the country. With the Government mandating adoption of antilock braking systems (ABS) in motorcycle, the ride is expected to be safer and smooth. India has a poor record in road safety when it comes to driving. According to the government statistics, one serious road accident occurs every minute in the country and 16 die on Indian roads every hour.

…says Sriram Viji, Deputy Managing Directror, Brakes India Pvt Ltd, a TVS group company in the automotive component space. With its partner, the German-American auto parts maker ZF TRW, the company is focusing on bringing in latest braking technology and locatisation in India.