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.
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.
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.
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.
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.
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.
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.
News Apr 01, 2021 HMIL registers 100 per cent over March ‘20 Domestic sales account for 52600 units while the company exported 12021 units
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.