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Visteon completes acquisition of India based AllGo Embedded Systems

Cockpit automotive electronics specialist Visteon completed acquisition of Bengaluru, India based AllGo Embedded Systems. AllGo develops embedded software/middle ware for automotive and smart phone markets in the multimedia domain with vast experience in Linux and android. By Baishakhi Dutta With the connection...

World’s first ‘one-cell’ EV powertrain system to be manufactured in India

IPEC Drive Systems is an Indo-Finnish partnership that is reimagining electric mobility. IPEC Drive Systems Pvt Ltd (IDS), the newly formed joint-venture between IPEC India Pvt Ltd and L7 Drive Ltd of Finland, was formally launched by Ms Nina Vaskunlahti,...

Varroc Engineering plans to launch IPO

Tata opportunities Fund-backed auto components maker Varroc Engineering Ltd plans to go public and has hired investment banks to advise it on the share sale, said two people aware of the development. Founded in 1990, Aurangabad-based Varroc supplies exterior lighting...

Battery swapping: A sustainable solution for the EV ecosystem

India has ambitious plans of achieving 100 per cent electric mobility by 2030. However, there are multiple challenges that lie ahead on this course. By Akshay Singhal, CEO & founder, Log 9 Materials Currently, electric vehicle (EV) adoption in India is...

NAP to open prospects of partnerships for Indian-Korean auto firms

On the eve of India-Korea Business Summit 2018, organized by Confederation of Indian Industry on Tuesday, the conglomerates of automobile industry of India highlighted the areas where Korean counterpart can work together to enhance technology and innovations in the...

Govt unveils draft National Auto Policy to promote green mobility

The government today sought stakeholders' comments on a draft National Auto Policy, which seeks to promote clean and safe mobility and adopt a long-term roadmap to harmonise emission standards with global benchmarks by 2028. The policy also envisages propelling India's...

Auto firms in Gujarat face supply crunch amid increasing demand

Auto makers who rushed to Gujarat to set up manufacturing plants are now facing the problem of a shortfall in the number of auto parts vendors as car makers seek to boost capacity to meet rising demand. The problem is...

Booming business lies ahead for India’s automotive components industry

The Indian automotive industry is going through a dramatic transformation. Political stability, new regulations, increasing competition and rising consumer expectations are bound to reshape the way automobile and components manufacturers go about their business in India. By Baishakhi Dutta At present,...

Nissan seeks autonomous vehicle patents in India

Japanese carmaker Nissan has sought about five patents (three of them filed in May 2017) on technologies relating to autonomous vehicles. As per the abstract of the filings with the Indian patent office, the technologies will help car sense road...

Pricol commissions state-of-the-art Greenfield manufacturing plant in Pune

Pricol Limited, a leading manufacturer of automotive components for the global automotive market, recently inaugurated its high-efficiency plant built across 6.58 Acres in Phulgaon, Pune. The new facility incorporates Green concepts of Solar power and Variable Frequency Drive (VFD)...

Impact of Machine Learning on Various Sectors

Have you ever wondered how products like Alexa and Siri made millions? Well, these smart products are the part of this trending digital technology which is standing at the verge of technologies like machine learning and artificial intelligence. Most...

Writing the rules for autonomous vehicles

Self-driving vehicles are a good idea. Why? Because a world that invests enormous amounts of energy and precious resources building complex machines that spend most of their lives doing nothing is hardly on the path to sustainability. Last year,...

Govt to offer incentives for electric vehicles

To encourage alternate pollution free transport in the country, Department of Heavy Industry has formulated FAME – India Scheme (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India) having thrust on hybrid and electric vehicles to become...

Indian Oil, HPCL, BPCL eyeing electric vehicles, renewables business

Wary of being left behind in the race for renewable and electric vehicles, oil marketing companies are quietly drawing up plans to expand their modest presence in renewable energy space.  Indian Oil Corp. Ltd, the largest of the three big...

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Lithium-Ion Battery Market To Reach $95.3 Billion By 2030: Report

This year, lithium ion batteries with 48-99 WH capacity are anticipated to capture over 30 per cent of the global market By 2025,...

Government Sets Up Task Force to Bring IIT, IISc to Work On Futuristic Defence...

The task force will also look at identifying higher education Institutions that can work on developing these technologies The task force is chaired...

TCS Partners With Qualcomm To Launch 5G Innovation Hub in Hyderabad

The hub will look into possibilities opened up by 5G in different industries The companies will develop solutions to help customers build...

Transition Of The Auto Mobile Industry Towards Hybrids And Electric Vehicles Will Lead To...

Auto component manufacturing industry in India to see four times growth by 2026 from 3.5 lakh crore in FY 2018 Nearly 50 per...

Nikola Corporation Announces New Battery Technology

The technology reduces material cost reduction per kWh by 50 per cent compared to lithium-ion cells Recently, the company entered into a...