The auto major has also appointed Kuok Meng Xiong, scion of the Kuok Group, as an Independent Director.

With the electric vehicles business at an inflection point and poised to grow exponentially, this realignment will help in providing the requisite resources as well as the direction to realising targeted growth.

With this partnership, the two business entities will exercise SBI’s Contactless Lending Platform technology to ensure uniformity, transparency and a reduced turnaround time in the loan approval process.

This new product offers the customer flexibility to operate at large band of GVW from 28T to 40.5T with best-in-class total cost of operation (TCO) benefits.

The Scrappage Policy announcement is in-line with the government vision to make scrap recycling an organised sector. Ministry of Mines has recently issued National Non-Ferrous Metal Scrap Recycling Framework, 2020 covering key non-ferrous metals like Aluminium, Copper, Zinc and Lead. The framework has been released with an objective to promote formal and well-organised recycling ecosystem, quite similar to the Scrappage Policy.

The company will invest to further expand electrification portfolio through organic and inorganic growth. It has also announced commitment to achieve carbon neutrality by 2035.

Manav Kapur, Executive Director, Steelbird International talks about new product launches, tyres for EVs and counterfeiting menace in a telephonic interaction with Pushkar Oak.

This step follows the recent announcement of sourcing clean energy from Hinduja Renewables for its operations. Together, this will help the company further reduce its carbon footprint.

Vehicle-to-everything (V2X) system testing involves high costs and safety concerns. Tata Elxsi’s V2X Emulator can reduce the time and cost of testing V2X communication by detecting defects much earlier in the development cycle, says Rakesh Rao.