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Ultra-low voltage drives market to grow to $3.1 billion by 2027

Interact Analysis report shows a global ultra-LV drives market worth $753 million in 2021. AMR/AGV sector driving revenue growth for ultra-LV drives, accounting for 11 per cent of total market revenues in 2022, stated the report. Three companies currently dominate the market, but is likely to change. Read more

Continental underscores its strong technological and competitive position

Speaking at the company’s virtual annual shareholders’ meeting recently, Nikolai Setzer, CEO, Continental, said, “Our technological expertise ranges from the road to the cloud”. The company also formed an exclusive partnership with Aurora for autonomous trucking systems.Read more

Vitesco Technologies’ plants offers intelligent and sustainable production

German automotive supplier, Vitesco Technologies is headquartered in Regensburg. Recently to increase its local production and serve Indian customer with better product portfolio, company inaugurated a plant in Talegaon, Pune. Anurag Garg, Managing Director and Country Head India, Vitesco Technologies in this interview shares more about the state-of-the-art facility and the upcoming developments of Vitesco Technologies in India.Read more

Goldstone Technologies, Quantron AG to forge a joint venture to build digital platforms

Goldstone Technologies Limited (GTL) and e-mobility major Quantron based in Germany are to set up a joint venture (JV) in Augsburg, Germany and Hyderabad to build digital platforms offering sustainability services.Read more

Eaton launches Tech Day 2023 campaign showcasing cutting-edge technologies

The power management company Eston launches the campaign Tech Day 2023 under which will showcase Eaton's latest products from different business verticals—electrical, vehicle, and aerospace inside a trailer.Read more

US’s ExxonMobil to build lubricant manufacturing plant in India

Texas-headquartered ExxonMobil is investing nearly INR 900 crore to build a lubricant plant in Raigad, Maharashtra. Expected to start in 2025, the new plant is expected to produce 159,000 kiloliters of finished lubricants and provide 1,200 new jobs in the country.Read more

Walvoil India opens new facility in Bangalore

Walvoil Fluid Power India Pvt Ltd (Walvoil India) - a member of the Italy-based Interpump Group - inaugurated a new plant in Bangalore on March 23, 2023.Read more

ETO Motors foresee 10 times growth in charging infra solutions in coming months

The company born in 2018 with the aim to provide all-electric mobility ecosystem for passenger and logistics vehicles is now a market leader as electric mobility solution provider. ETO Motors is looking to develop and maintain greater heights in coming months, tells Pavan Chavali, Managing Director, ETO Motors. In this interview Pavan Chavali shares more about ETO Motors, its growth plans and electric three-wheeler (E3W) start ups. Read more

Mobile robots to drive demand for precision gearboxes

The markets for precision gearboxes and motion control systems are closely related. The market for planetary precision gearboxes is forecast to expand significantly, driven by high levels of demand within the mobile robots segment, says Alexander Jones.Read more

MobileDrive builds next-gen autonomous driving systems with Siemens’ digital twin technology

MobileDrive has adopted a model-based systems engineering (MBSE) approach its Advanced Driver Assistance Systems (ADAS). Its vision and technology roadmap is based on market-led vehicle requirements built using Siemens Xcelerator.Read more

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