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Indian govt pushes for advanced vehicle connectivity to enhance road safety
A draft report from an Indian government panel suggests that automakers incorporating advanced connectivity features in vehicles, enabling communication with other vehicles and external systems, could receive better crash test ratings.Read more
India, Italy forge landmark defence pact for joint ventures and cooperation
India and Italy have formalised a significant defence agreement aimed at bolstering their military collaboration.Read more
Schaeffler announces merger with Vitesco, accelerating EV market presence
Both Schaeffler and Vitesco possess similar e-mobility technology portfolios. While Vitesco primarily deals in combustion-engine components, it has recently secured significant orders for its electric-drive division.Read more
What does the global competitive landscape look like for mobile geared products?
Affected by the stagnant off-highway vehicle market in China, the global market for geared products used in mobile applications was estimated to grow marginally by 0.6% to $11.2 billion in 2022.Read more
Continental, DeepDrive develop wheel hub drive with integrated brake
As a first milestone, both companies will jointly develop a combined unit comprising drive and brake components for mounting directly on the vehicle wheel.Read more
India's E-scooter startups struggle amidst localisation challenges
A significant setback has emerged as several of these startups face criticism for importing parts from China instead of sourcing locally.Read more
Oil India ventures into green hydrogen valleys, renewable energy initiatives
The firm's chairman and managing director, Ranjit Rath, revealed in an interview that OIL is also keen on investing in bioethanol and traditional renewable energy projects.Read more
Accord to supply millions of NavIC chipsets to in next 3 yrs, revolutionise vehicle industry
This development gains significance due to the government's mandate for a NavIC-based vehicle tracking system in commercial vehicles, and the imminent requirement for smartphones to integrate NavIC chipsets alongside other GPS.Read more
Vedanta accelerates steel asset sale, focuses on core mining in restructuring move
Recently, Vedanta announced plans to restructure its operations, creating separate commodity-focused entities to strengthen its financial position.Read more
M&M accelerates global expansion with new vehicles, electric portfolio
M&M's focus lies on the international market, where it intends to introduce its latest products like the XUV700 and Scorpio-N, alongside a new range of electric vehicles.Read more