Author: News Desk

Global automakers earmark ~$600 bn for EVs over next decade

News Desk

Aggressive emission and carbon neutrality targets set by regulators worldwide entails a faster transition from traditional automakers to next-gen electric vehicle (EV) manufacturers. Therefore, automakers are committing operational investments of nearly US$600bn to secure their position in the future automotive market, says GlobalData, a leading data and analytics company. Broadly, the investments announced focus on […]

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BorgWarner Completes Acquisition of Santroll’s Light Vehicle eMotor Business

News Desk

Move expected to strengthen company’s electric propulsion systems leadership BorgWarner has announced that it has completed its acquisition of Santroll Automotive Components, a carve-out of Santroll’s eMotor business. The acquisition is expected to strengthen BorgWarner’s vertical integration, scale, and portfolio breadth in light vehicle e-motors while allowing for increased speed to market. “We are pleased to […]

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ACMA successfully organises three concurrent shows

News Desk

While the EV Summit and Exhibition showcased the industry capabilities in new-age industry, ATPSE and i-Auto Connect displayed the industry’s technical and export strengths The Automotive Component Manufacturers Association of India (ACMA) successfully concluded three concurrent events – the ACMA EV Summit and Exhibition, the Auto Technology Partnership Summit and Expo (ATPSE) and i-Auto Connect, […]

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Toyota Mirai Fuel Cell EV aims to create Green Hydrogen-based ecosystem in India

News Desk

Union Minister for Road Transport and Highways Nitin Gadkari has launched what is claimed to be the ‘world’s most advanced technology developed’ – Green Hydrogen Fuel Cell Electric Vehicle (FCEV) Toyota Mirai. The launch function in New Delhi was also graced by Union Ministers Hardeep Puri, RK Singh, and Mahendra Nath Pandey, Masakazu Yoshimura, MD, […]

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