News Oct 19, 2022 Ashok Leyland unveils vehicle platform JEET 4x4 at DefExpo 2022 The company showcased products like JEET 4x4 (a proven vehicle platform, equipped to perform in hills, high altitude, cross country, plains & desert terrain), LBPV 4x4 (light bullet proof vehicle 4x4) and Tank T72 GB Assembly aggregates (gear boxes).
News Oct 19, 2022 FPT Industrial opens new ePowertrain plant in Italy The new production site is the first totally carbon-neutral plant of Iveco Group (which owns FPT Industrial), achieving its targets by offsetting its CO2 emissions with the purchase of energy from renewable sources and carbon credits.
News May 05, 2022 Leading Chinese EV maker selects BorgWarner for sourcing eMotors BorgWarner’s high-voltage hairpin eMotors to be used in the Chinese brand’s second-generation 800V propulsion system platform
News Apr 11, 2022 Omega Seiki, Log 9 to launch EVs in tier II and III cities Omega Seiki Mobility (OSM) and Log9 Materials have formed a strategic partnership to deploy 10,000 3-Wheeler Rage+ Rapid EV’s in Tier II and III markets of India by FY24.
News Apr 11, 2022 SEMIKRON, Danfoss tie up to develop power electronics SEMIKRON and Danfoss Silicon Power announced a merger to create a joint business specialised in power electronics focusing on power semiconductor modules.
News Apr 11, 2022 Vehicle prices to go up due to high input costs Small cars, sports utility vehicles, sedans, and two-wheelers are set to get costlier with automakers raising prices to partially absorb the impact of high material costs.
News Feb 26, 2022 Adani, Ballard ink pact for JV for hydrogen fuel cells The Adani Group said that it has signed a non-binding Memorandum of Understanding with Nasdaq-listed Ballard Power Systems.
News Feb 26, 2022 Cummins to acquire Meritor for $2.6 bn to raise EV parts production US truck engine maker Cummins Inc said that it will buy auto parts maker Meritor Inc for $2.58 billion in cash, to beef up its electric and hybrid vehicle parts offerings.
News Feb 26, 2022 Motherson, Valeo tie up to produce auto interior lighting Samvardhana Motherson Automotive Systems Group BV (SMRP BV) and Valeo have signed a Memorandum of Understanding (MoU) to create the vehicle interiors through integration of lighting systems