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 02, 2022 OLA to set up R&D facility for electric car in UK 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.
News Jan 28, 2022 India’s auto component industries may grow by 15-17%: Brikwork Ratings 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.
News Jan 28, 2022 Renault, Nissan, Mitsubishi form joint venture for EVs French auto giant Renault and Japanese carmakers Nissan Motor and Mitsubishi Motors Corp are soon going to work together to develop electric vehicles.
News Jan 24, 2022 Motor vehicle parts manufacturers adopt AI for efficiency: TRBC Report The use of artificial intelligence (AI) in the manufacture of motor vehicle parts for all types of automotive vehicle is a major trend.
News Jan 13, 2022 Omega Seiki Mobility, Jae Sung Tech form JV to make EV powertrains The all-electric Ra314 powertrain will be the first product and will be used in OSM Rage+ in Q1 FY23
News Jan 13, 2022 Taiwanese machine tool maker expects good growth due to EV boom The machine tool industry has a historic chance of growth due to the shift to electric vehicles and demand for localised manufacturing, as per the head of the biggest Taiwanese machine tool company.
News Jan 11, 2022 High import tariff in Indian electronic sector impacting PLI India's import tariffs for the electronics sector are higher compared to countries like China and Vietnam that is negating the support provided through PLI schemes.
News Jan 06, 2022 Maharashtra, early-bird benefits, electric vehicles Disruption in the global supply chain has opened up opportunities for large-scale manufacturing in India, aided by significant policy initiatives.