News Jan 28, 2022 Kinetic Green Energy and China’s AIMA Tech tie up to produce EVs Pune-headquartered Kinetic Green Energy & Power Solutions has teamed up with China-based electric vehicle giant Aima Technology Group to co-design and develop electric two-wheelers for India.
News Jan 28, 2022 Reliance eyes sodium ion battery market with Faradion buy Reliance New Energy Solar Ltd (RNESL), subsidiary of Reliance Industries Ltd (Reliance), has signed agreements to acquire 100% shareholding in Faradion Limited (Faradion) for a value of Pound 100 million.
News Jan 28, 2022 Renault, Nissan, Mitsubishi form joint venture for EVs French auto giant Renault and Japanese carmakers Nissan Motor and Mitsubishi Motors Corp are soon going to work together to develop electric vehicles.
News Jan 28, 2022 Tube Investments to put in Rs 3.5 billion in EV venture Tube Investments of India (TII), part of the Murugappa group, announced its plans to form a subsidiary to carry on the proposed electric three-wheeler venture and other EV-related projects.
News Jan 24, 2022 Balu Forge buys precision machining unit of Mercedes Benz Truck Factory in Germany Balu Forge Industries Ltd (BFIL) has recently acquired the Precision Machining unit of the Mercedes Benz Truck Factory in Mannheim, Germany.
News Jan 24, 2022 Motor vehicle parts manufacturers adopt AI for efficiency: TRBC Report The use of artificial intelligence (AI) in the manufacture of motor vehicle parts for all types of automotive vehicle is a major trend.
News Jan 19, 2022 Auto component maker ZF launches CV solutions German auto component company ZF announced the start of its new commercial vehicle (CV) solutions division.
News Jan 19, 2022 ICRA comes out with revised downward growth forecast for auto industry Rating agency Icra revised downwards the revenue growth forecast for the auto components industry in the current fiscal to 15-17 percent.
News Jan 19, 2022 Honda to start EV battery swapping for 3-wheelers in Bengaluru Japanese auto major Honda Motor will start offering battery-swapping service to electric three-wheelers in Bengaluru by the end of June.