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Search Keyword: hybrid

Cummins to acquire Meritor for $2.6 bn to raise EV parts production
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.

Renault, Nissan, Mitsubishi form joint venture for EVs
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.

Balu Forge buys precision machining unit of Mercedes Benz Truck Factory in Germany
News
  Jan 24, 2022

Balu Forge buys precision machining unit of Mercedes Benz Truck Factory in Germany

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

SKF extends support to automakers to increase EV production
News
  Jan 14, 2022

SKF extends support to automakers to increase EV production

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.

SKF extends support to automakers to increase EV production
News
  Jan 14, 2022

SKF extends support to automakers to increase EV production

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.

Global automobile production dips due to low manufacturing
News
  Dec 31, 2021

Global automobile production dips due to low manufacturing

Around 10 million less vehicles were produced in 2021 as a result of supply chain issues, market intelligence group LMC Automotive has revealed.

Daimler, BYD Tie Up for Auto Venture Denza
News
  Dec 30, 2021

Daimler, BYD Tie Up for Auto Venture Denza

Daimler Greater China Ltd. and BYD Auto Industry Co. Ltd. signed an equity transfer agreement in December to realign the structural setup of their joint venture.

Biden takes step to control fuel related climate change
News
  Dec 27, 2021

Biden takes step to control fuel related climate change

In a major step to fight climate change, the Biden administration is raising vehicle mileage standards to significantly reduce emissions of planet-warming greenhouse gases.

US auto component maker Dana sees opportunity in India’s EV space
News
  Dec 21, 2021

US auto component maker Dana sees opportunity in India’s EV space

American auto component maker Dana has said that India offers huge opportunities for the company in the EV space and it continues to invest in all its facilities depending upon the demand.

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