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Danfoss stays the course in H1 2024; India remains the fastest-growing region
After three years of significant growth, the first half of 2024 has proven to be challenging for Danfoss due to lower demand in select key markets. Strong double-digit growth in H1 in India supported the Danfoss Group’s ambitious plans to double sales in the country by 2025.Read more
Tata Motors inks MoU with DE and Thunderplus to fit 250 fast-charging stations
E-commerce companies, parcel & courier service providers, among other industries, are increasing the adoption of commercial EVs for the last-mile deliveries to reduce their carbon footprint. Read more
General Motors lays off over 1,000 software and services employees globally
The reduction primarily targets teams which oversees vehicle infotainment, OnStar services, and GM's Super Cruise advanced driver-assist system. Read more
Euler Motors unveils Rs 1 billion EV factory in Haryana; to supply 36,000 EVs
The plant features advanced automation technologies, including an EMS Hanger system for efficient vehicle handling, Trailing Arm Fitment Assist for improved assembly, and a vacuum-based brake oil filling machine to reduce spillage.Read more
TVS Motor to invest Rs 22 billion in FY2; 50% to capex
TVS Motor's recent acquisition, Norton Motorcycles, will see the launch of six new products over the next three years. Read more
Bharat Forge Q1; Defence revenue up 147%, order book at Rs 54 billion
The profit was impacted by an exceptional loss of Rs 1.46 billion, including an impairment provision of Rs 1.45 billion related to its investment in Tork Motors Pvt. Ltd., where Bharat Forge holds a 64.29% stake.Read more
Tata Motors launches India’s first SUV Coupe-Curvv.ev
The car is priced at an attractive starting price of Rs 1.749 million with a long driving range of 585 km.Read more
Tata Motors to launch Curvv EV with in-built Charge Point Aggregator on August 7
Alongside the EV, the Curvv will be available with traditional ICE options, catering to a broader audience.Read more
Made-in-India Yamaha Ray ZR 125 sees success in Europe
The model has shipped around 13,400 units between the January to July period in 27 European countries.Read more
BorgWarner provides Buick vans with wet clutch and hydraulic control module
With a compact and lightweight design, it facilitates clutch pressure control and cooling for the clutch and electrical motor and integrates the tandem E- pump and temperature sensor.Read more