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Electric Vehicles sales rev up despite roadblocks, 2W records 37% growth

For EV, CY23 recorded significant growth as the sales volume of EVs surpassed 1.5 million, a 50% increase compared to CY22. Total EV volume sold was recorded at 1.53 million in CY23 compared to 1.02 in CY22. Read more

Industrial & Warehousing demand consolidates in 2023, at ~25 mn sq ft

While H1 2023 was relatively subdued, leasing activity picked up in the second half of the year, with H2 2023 witnessing a 26% rise on a half yearly basis. During the year, Pune led the demand with 25% share closely followed by Mumbai at 22%.Read more

Indian auto exports decline 21% in 2023, passenger vehicles buck trend with 5% growth

This downturn was attributed to monetary and geopolitical crises in various overseas markets. The overall exports totalled 42,85,809 units in the last year, down from 52,04,966 units in 2022.Read more

Strong surge in Indian bus sales: Ashok Leyland, Tata Motors lead growth

From April to December 2023, Ashok Leyland reported a substantial 64% year-on-year surge in the sales of medium and heavy commercial vehicle buses, reaching a total of 11,216 units.Read more

Leibniz-Institut unveils smart nanocomposites for wearable electronics, vehicles, buildings

A recent paper in ACS Applied Nano Materials described how researches combined a thermoplastic polyurethane (TPU) with TUBALLTM graphene nanotubes to fabricate a nanocomposite material capable of harvesting electrical energy from sources of waste heat.Read more

Coolants will keep the game going for us with growing EVs in auto sector

Incorporated in the year 1987, Fleetguard Filters Private Limited is a leading manufacturer and supplier of filtration products comprising of air, lube, fuel, hydraulic and water filtration to coolants and chemicals. In this interview with Ayushi Khandelwal, Niranjan Kirloskar, Managing Director of Fleetguard Filters tells how company has achieves a well-established supply chain system while maintaining the quality of its filters throughout the years.Read more

Electric vehicle sector is a big opportunity for Magal Engineering

In this interview M K Narasinga Rao, MD, Magal Engineering Co, shares details about the company’s future plans and new solutions for electric vehicles (EV) and precision sheet metal industries.Read more

LOHUM partners UAE Ministry for First EV Battery Recycling Plant

The partnership comes in light of UAE’s COP28 agenda and aligning with the UAE’s Net Zero by 2050 Strategic Initiative, Circular Economy Policy and supporting emissions-free mobility with future-ready solutions.Read more

Toyota accelerates electric ambitions in Europe with six new models by 2026

Toyota aims to sell more than 250,000 battery-powered vehicles annually in Europe by 2026, striving for significant growth in a market where it has faced increasing competition.Read more

Škoda Auto Volkswagen India unveils plans for EV, Market Penetration expansion

Company anticipates to elevate the capacity utilisation of its Aurangabad and Chakan plants to over 90%, a substantial increase from the current 70-75%.Read more

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