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 23, 2021 Indian auto sector would attract investments: Arun Goel Addressing the media in Chennai, Arun Goel, Secretary, Union Ministry of Heavy Industries, said that the country has seen investments of around $34.5 billion in the last five years.
News Sep 23, 2021 New PLI scheme to change Indian automobile sector 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.
News Sep 23, 2021 VE Commercial to expand electric vehicles production through PLI 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.
News Sep 22, 2021 Wardwizard to increase investment in EV business Electric vehicle maker WardWizard Innovations & Mobility plans to invest Rs 1.5 billion in the business in the next six months to ramp up technology and infrastructure, due to increased demand.
News Sep 22, 2021 How M&As play an important role in the growth of auto industry The impact of pandemic will be there for quite some time to stay and one can definitely expect a rise in the merger and acquisitions (M&As) numbers, says Manav Kapur, Executive Director, Steelbird International.
News Sep 22, 2021 Schaeffler opens e-mobility plant in Hungary New plant demonstrates Schaeffler’s advanced capabilities in sustainability and e-mobility. The 15,000 sqm production facility for electrified powertrain components and systems meets highest standards of sustainability
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