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Search Keyword: auto industry

Ford to set up plant to produce electric vehicle batteries in US
News
  Apr 30, 2021

Ford to set up plant to produce electric vehicle batteries in US

The company plans to open the centre near Detroit by the end of 2022. The $185 million lab will be a 200,000-square-foot facility to design and manufacture battery cells along with electronic controls.

Maersk launches weekly double-stacked train for auto companies
News
  Apr 23, 2021

Maersk launches weekly double-stacked train for auto companies

Maersk, one of the world’s leading shipping companies, has launched a double-stacked train service between Gurugram and APM Terminals to serve the automotive sector.

 Auto production in India hit by semiconductor shortage
News
  Apr 23, 2021

Auto production in India hit by semiconductor shortage

The auto industry is struggling to keep up the production as per the market demand owing to a major semiconductor shortage. Increased demand for cars and electronic gadgets is widening the gap.

Nitin Gadkari: India to become world’s Number 1 electric vehicle maker
News
  Apr 22, 2021

Nitin Gadkari: India to become world’s Number 1 electric vehicle maker

Speaking virtually at the Amazon Smbhav Summit recently, Nitin Gadkari said that he is in the final stages of talks with auto manufacturers about the Indian government’s support for introducing flex-fuel engines.

General Motors to lay off 1419 workers from Talegaon plant
News
  Apr 21, 2021

General Motors to lay off 1419 workers from Talegaon plant

The Employees Union will be legally challenging General Motors for issuing layoff notices to 1419 of its Talegaon employees and evoking Section 25 of the Industrial Dispute Act on Friday.

M&M plans Rs 30 bn investment to boost electric vehicles biz
News
  Apr 15, 2021

M&M plans Rs 30 bn investment to boost electric vehicles biz

Mahindra and Mahindra Ltd (M&M) is all set to invest Rs 30 billion in its electric vehicles (EVs) business within the next three years.

Hero MotoCorp sells 5.77 lakh units of two-wheelers in March ‘21
News
  Apr 02, 2021

Hero MotoCorp sells 5.77 lakh units of two-wheelers in March ‘21

The company is witnessing strong preference for the wide range of motorcycles and scooters– including the premium motorcycles Xpulse and Hunk.

HMIL registers 100 per cent over March ‘20
News
  Apr 01, 2021

HMIL registers 100 per cent over March ‘20

Domestic sales account for 52600 units while the company exported 12021 units

Auto industry: Localisation movement needs government support
News
  Mar 30, 2021

Auto industry: Localisation movement needs government support

While there has been huge pressure on automakers and even component suppliers to manufacture fuel efficient vehicles and additionally meet the new challenges of the changing regulations for ICE vehicles, industry is hoping for a support from the government. On one hand it is developing EV ecosystem and on the other the industry meeting new regulatory challenges that government is imposing based on the Paris Pact.

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