Carmaker Stellantis announced a strategy to embed AI-enabled software in 34 million vehicles across its 14 brands, hoping the tech upgrade will bring in $22.6 billion in annual revenue by 2030.

LiteAuto GmbH, a German company, will set up an advanced design and manufacturing facility in Telangana with an investment of Rs 1,500 crore.

The auto components industry is poised for a 10- 15 per cent growth in fiscal 2022, following a 3 per cent slide in FY21 during peak Covid pandemic, according to Sunjay Kapur.

Government’s productivity linked incentive (PLI) scheme for auto and component industry is set to change it in a big way through electric vehicles (EV), new technologies and new players in the market.

VE Commercial Vehicles Ltd, a joint venture between Volvo Group and Eicher Motors, are keen to take advantage of the productivity linked incentive (PLI) through expansion plans for electric vehicles.

Bookings for India’s first Electric Small Commercial Vehicle (SCV) ‘M1KA’to commence in Quarter 4 of 2021

It is estimated that over a period of five years, the PLI Scheme for automobile and auto components industry will lead to fresh investment of over Rs 42,500 crore, incremental production of over Rs 2.3 lakh crore

Tata Motors, India’s largest commercial vehicle manufacturer, announced the launch of the CNG variant of its most iconic commercial vehicle— the Tata 407.

Dassault Systèmes announced that Cell Propulsion has chosen the 3DEXPERIENCE platform on cloud to enable collaboration across teams and bridge the gap between design and manufacturing seamlessly.