Ansys, a global leader and innovator of engineering simulation software, and Tata Consultancy Services (TCS), a leading global IT services, consulting, and business solutions organization, have signed a memorandum of understanding (MOU) to bolster electric vehicle (EV) technology development. Under the agreement, TCS will develop a Center of Excellence (CoE) for Advanced Digital Engineering for […]
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By Martin Kunz, President and CEO, Concentric AB Manufacturers of construction equipment are facing a complex challenge: they need to curb emissions as well as reduce dependency on diesel fuel, and they need to do it as quickly as possible. Is the electrification of construction vehicles a viable step in the right direction, and if […]
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Volvo Cars and Northvolt have selected Gothenburg, Sweden to establish a new battery manufacturing plant which will commence operations in 2025, create up to 3,000 jobs and complement the planned R&D centre that both companies announced in December as part of an investment of approximately SEK 30 billion. The new plant and close ties with […]
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India is on an electrification spree in the automotive sector. Comprising of two, three, and four-wheeler vehicles, it is presently growing and will witness a boom in the coming times. As per a report by KPMG, the government is targeting 40% EV adoption by 2032 at a CAGR of 22%. It further states that the […]
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With the sales start this year of three new heavy-duty all-electric models, Volvo Trucks believes the time is right for a rapid upswing in electrification of heavy road transport. This positive outlook is based on the ability of Volvo’s electric trucks to meet a broad variety of transport needs. In the EU for example, almost […]
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Switch Mobility Automotive Limited, the EV arm of Ashok Leyland, has joined hands with Siemens Limited, a global technology powerhouse known for their engineering excellence, innovation, quality and reliability over 170 years, to address the potential of the e-mobility market in India, driven by a strong commitment to support zero emission mobility through lowest Total […]
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Introduces toll-free number to address myths and queries of customers related to EVs Okinawa Autotech, one of the fastest-growing and most disruptive electric two-wheeler manufacturers in India, has introduced a toll free number to address the myths and queries associated with the adoption of electric vehicles. The company urges people across the country to switch […]
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By Srinath Rengarajan, Automotive Expert at Oliver Wyman Across all major automotive markets globally, we are witnessing a transformative shift to electric mobility. Even during the ongoing Covid-19 pandemic, while vehicle sales have dropped significantly in many of these markets, the uptake of electric vehicles have bucked the trend in 2020. Their role in decarbonizing […]
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BorgWarner has unveiled Project CHARGING FORWARD at its latest Investor Day. The project represents an acceleration of its electrification strategy, which is expected to bring the company’s electric vehicle revenue from less than 3% of total revenues today to approximately 45% in 2030. Frédéric Lissalde, President and CEO of BorgWarner, said, “Our company’s 100-plus year […]
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Article by By Prabhat Khare, Director, KK Consultants An electric vehicle (EV), is a vehicle that uses one or more electric motors or traction motors for propulsion as its main drive which may be powered through a collector system by electricity from off-vehicle sources, or may be self-contained with a battery, solar panels, fuel cells […]
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