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

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

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

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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