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News Updates

Chip shortage may reduce India’s auto volume growth: Crisil
News
  Oct 29, 2021

Chip shortage may reduce India’s auto volume growth: Crisil

The ongoing chip shortage is likely to moderate passenger vehicle sales growth to 11-13% this fiscal, down from the earlier volume growth forecast of 16-17 per cent, delaying the industry recovery as the waiting period is increasing amid strong demand due to production curbs, says a Crisil report.

BorgWarner to supply electric motors for new electric truck
News
  Oct 29, 2021

BorgWarner to supply electric motors for new electric truck

German OEM has selected BorgWarner’s HVH250 (High Voltage Hairpin) electric motors to power a heavy-duty truck model

Punjab CM Seeks Global Support for State’s Progress
News
  Oct 27, 2021

Punjab CM Seeks Global Support for State’s Progress

As a precursor to two-days Progressive Punjab Investors Summit-2021 on October 26 & 27, Punjab Chief Minister Charanjit Singh Channi on Saturday met a delegation of German companies operating there.

Huntsman launches low-emission polyurethane systems for auto interiors
News
  Oct 27, 2021

Huntsman launches low-emission polyurethane systems for auto interiors

These innovative technologies allow global automotive formulators and foam manufacturers to produce high-performance polyurethane foams, while significantly reducing interior emissions levels to meet OEMs’ requirements.

Micron Technology to invest $ 150 bn in semiconductor business
News
  Oct 25, 2021

Micron Technology to invest $ 150 bn in semiconductor business

Micron Technology will invest $150 billion in semiconductor research and development and manufacturing over the next 10 years.

Haryana to finalise own Electric Vehicle Policy
News
  Oct 25, 2021

Haryana to finalise own Electric Vehicle Policy

Haryana will finalise its Electric Vehicle Policy 2021 within the next month. The announcement was made by Dushyant Chautala, Deputy Chief Minister of the state

KPIT ties up with German auto part maker ZF
News
  Oct 25, 2021

KPIT ties up with German auto part maker ZF

Two weeks after announcing its plans to invest more in developing ‘computer-controlled vehicle technology’, KPIT Technologies has announced a tie-up with ZF, a billionaire German automobile technology provider.

Magnesium shortage could adversely affect auto industry
News
  Oct 25, 2021

Magnesium shortage could adversely affect auto industry

Supply chain issues may arise with a magnesium shortage in China and the ongoing global microchip shortage heavily impacting auto industry production, including for General Motors.

Auto sector moves towards recycling of parts and batteries
News
  Oct 22, 2021

Auto sector moves towards recycling of parts and batteries

From ageing electric batteries to old engines to rear-view mirrors, the auto industry is revving up its recycling efforts as it faces pressure to reduce its colossal carbon footprint.

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