SEMIKRON and Danfoss Silicon Power announced a merger to create a joint business specialised in power electronics focusing on power semiconductor modules.

Indian tech company Ola has announced plans to invest Pound 100 million in the UK to open a research and development facility for a planned electric car, in a significant boost to the British automotive industry.

The domestic auto components industry may see a revenue growth of 15-17 % this fiscal and 10-12% in the next financial year on the back of recovery in automobile sales, according to a report.

Balu Forge Industries Ltd (BFIL) has recently acquired the Precision Machining unit of the Mercedes Benz Truck Factory in Mannheim, Germany.

Japanese auto major Honda Motor will start offering battery-swapping service to electric three-wheelers in Bengaluru by the end of June.

The revolution of the North American automotive industry is in progress with the growing demand for battery electric vehicles (BEVs), and SKF is well-positioned to support the industry's growth goals.

The revolution of the North American automotive industry is in progress with the growing demand for battery electric vehicles (BEVs), and SKF is well-positioned to support the industry's growth goals.

Cars24, a leading e-commerce platform for pre-owned vehicles, said that it has launched its second largest Mega Refurbishment Lab in Bengaluru.

TÜV SÜD laid the foundation stone for a new state-of-the-art facility for testing and certifying electrical, electronic products and medical devices to national and international standards in Bengaluru.