The Q4 FY21 results depicted Greaves Cotton’s growth momentum with net profit at Rs 140 million and revenue at Rs 5.2 billion.

Chinese car companies are building electric car factories at a great speed compared to the rest of the world. LMC Automotive predicts, by 2028, China will be making over 8 million electric cars a year.

Mahindra has pressed into service 100 vehicles to overcome the transportation bottleneck with safe and quick transportation to deliver oxygen cylinders ‘on demand’

The company plans to open the centre near Detroit by the end of 2022. The $185 million lab will be a 200,000-square-foot facility to design and manufacture battery cells along with electronic controls.

The Government’s decision to bar the use of industrial oxygen will temporarily affect small and mid-sized companies focused on metal fabrication, automotive components, shipbreaking, paper and engineering works.

Speaking virtually at the Amazon Smbhav Summit recently, Nitin Gadkari said that he is in the final stages of talks with auto manufacturers about the Indian government’s support for introducing flex-fuel engines.

The Honda Motorcycle and Scooter India Pvt Ltd (HMSI) will be bringing in 100 associates to a new business vertical with the intent to increase its export volume of two-wheelers from India.

With this platform, Continental will provide future vehicle manufacturers and partners with a development environment for software-intensive vehicle architecture that they can use to implement software, sensor and big data solutions in a fraction of the development time needed before.

According to a recent report by EY, the pandemic has exerted excess pressure on smaller auto component suppliers by causing late payments, shorter cash cycles, and increased outstanding payment periods