News Jan 14, 2022 ACMA recommends uniform 18% GST on all auto components A moderate rate of 18 per cent will not only address this challenge but will also enhance the tax base through better compliance, says Sunjay Kapur, President, Automotive Component Manufacturers Association (ACMA).
News Jan 14, 2022 SKF extends support to automakers to increase EV production The revolution of the North American automotive industry is in progress with the growing demand for battery electric vehicles (BEVs), and SKF is well-positioned to support the industry's growth goals.
News Jan 14, 2022 SKF extends support to automakers to increase EV production The revolution of the North American automotive industry is in progress with the growing demand for battery electric vehicles (BEVs), and SKF is well-positioned to support the industry's growth goals.
News Jan 14, 2022 Tesla’s arrival in India may take time: Elon Musk Getting a foothold in India for his Tesla is not going to be easy for Elon Musk. He stated that, he is still working through a lot of challenges with the government, in a Twitter post.
News Jan 13, 2022 Cars24 launches mega refurbishment lab in Bengaluru Cars24, a leading e-commerce platform for pre-owned vehicles, said that it has launched its second largest Mega Refurbishment Lab in Bengaluru.
News Jan 13, 2022 Taiwanese machine tool maker expects good growth due to EV boom The machine tool industry has a historic chance of growth due to the shift to electric vehicles and demand for localised manufacturing, as per the head of the biggest Taiwanese machine tool company.
News Jan 13, 2022 MG Motor India, ACMA tie-up to promote skills in EV Sector MG Motor India has joined hands with the Automotive Component Manufacturers Association of India (ACMA) with a vision to educate and foster skill development in the EV component industry.
News Jan 13, 2022 Omega Seiki Mobility, Jae Sung Tech form JV to make EV powertrains The all-electric Ra314 powertrain will be the first product and will be used in OSM Rage+ in Q1 FY23
News Jan 13, 2022 EV maker Edison Motors acquires SangYong Motor for $ 254.65 mn A consortium led by South Korean electric carmaker Edison Motors Co has agreed to acquire debt-ridden SsangYong Motor Co Ltd for $254.65 million.