News Oct 01, 2021 Raymond plans to consolidate engineering business Textile major Raymond has said its board has approved plans to consolidate the tools and hardware and auto components businesses into engineering business.
News Sep 24, 2021 ARAI develops chargers for electric vehicles The Automotive Research Association of India (ARAI) has indigenously developed a charger for electric vehicles to give a push to the EV ecosystem in the country, as per a statement.
News Sep 22, 2021 Omega Seiki Mobility unveils electric commercial vehicle M1KA Bookings for India’s first Electric Small Commercial Vehicle (SCV) ‘M1KA’to commence in Quarter 4 of 2021
News Sep 22, 2021 Continental’s India R&D centre develops affordable ADAS solutions The new affordable and reliable radar solution by Continental uses perception algorithms, making it suitable for markets like India. Rear View Systems (RVS231) is a cost-effective, compact, and highly intelligent camera with built-in features and functions
News Sep 21, 2021 US-based Allison Transmission buys AVTEC’s off-highway component units Allison to pay approximately $27 million in cash for AVTEC’s off-highway transmission portfolio and Madras Export Processing Zone (MEPZ) off-highway component machining business.
News Sep 20, 2021 Self-driving shuttles to be industrialised by Schaeffler and Mobileye Schaeffler and Mobileye, an Intel company, and the leading provider of automated driving solutions have decided on long-term cooperation.
News Sep 20, 2021 Govt PLI scheme to boost EV two-wheeler production According to an analysis done by Kotak Institutional Equities, the PLI scheme for autos provides incentives in the range of 13-18% of sales value to OEMs for manufacturing EVs in India.
News Sep 16, 2021 Govt, industry, academia launch project iRASTE In a unique collaborative initiative between the government, industry, and academia towards advancing road safety, Project iRASTE was launched in Nagpur.
News Sep 15, 2021 Greaves Launches “AutoEVMart” Retail Platform Greaves, one of India’s leading and diversified engineering companies, on the occasion of World EV Day introduced a multi-brand EV Retail platform under the brand name- ‘AutoEVmart’.