Last Updated:November 28, 2024, 14:51 IST In line with Hero MotoCorp’s vision to “Be the Future of Mobility,” the programme aims to foster a tech-driven ecosystem of innovation and talent. Hero MotoCorp. (File photo) Hero MotoCorp, the world’s largest maker of motorcycles and scooters, has launched the Hero For Startups (HFS) programme, aimed at reshaping … Read more
Xiaomi founder, chairman and chief executive Lei Jun on Wednesday marked the roll-out of the firm’s 100,000th electric vehicle (EV) from the assembly line with a social-media post of himself sleeping on the factory floor, paying homage to what Elon Musk did during the early days of Tesla. In a post published at 7:57am on … Read more
Image: Bradley Brownell I absolutely love renting trailers from U-Haul to transport my garbage vehicles around the country. Trailer rentals are significantly less expensive than buying, insuring and registering your own trailer with minimal downsides. The Auto Transport has long been a favorite of mine, and the company’s motorcycle trailer is even better. There are … Read more
Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, said it has appointed Michael Moebius as the president and chief procurement & supply chain officer. He will succeed Muthu Maruthachalam C in the role. Moebius was earlier working as the head of quality management at Daimler Truck Asia in Japan, where … Read more
Good morning! It’s Friday, November 1, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Steve’s Ideal Winter Car Is, Of Course, a Subaru BRZ 1st Gear: The Future Of EVs Depends On … Read more
Last Updated:October 30, 2024, 15:44 IST The upcoming SUV will feature a robust 60-kilowatt-hour battery pack, although its range has yet to be revealed. This new model is part of Toyota’s ambitious plan to launch 10 battery-powered vehicles by 2026. (Image: Shutterstock) Japanese automaker Suzuki Motor’s Indian unit will supply its first-ever electric vehicle to … Read more
Despite the slump in the Indian automotive industry, Neil Barua, newly appointed CEO of PTC, a Nasdaq-listed global software company that, among others, provides product development software to global automakers like Volkswagen, BMW, and Toyota, said India is the right place to be now. Since taking over as the CEO and global head in February, … Read more
Auto component major ANAND Group is investing Rs 600 crore in the ongoing financial year to strengthen its capabilities, including in bringing advanced and emerging technologies to the Indian market, especially for electric vehicles and sports utility vehicles. The investment being made this fiscal is part of the Rs 3600 crore earmarked by the $ … Read more
New Delhi:The domestic automotive industry has crossed Rs 20 lakh crore mark in FY24 and has the potential to be worth $1.6 trillion (about Rs 134 lakh crore) by 2047, driven by electric vehicles (EVs), according to industry leaders. The automotive industry in the country is poised to be one of the key growth engines … Read more
The global automotive industry is undergoing a seismic shift towards electric vehicles (EVs) driven by the urgent need to reduce carbon emissions and the rapid advancements in technology. While electric cars and bikes have garnered significant attention, the electrification of heavy-duty trucks represents the next crucial frontier, especially for a country like India. The transport … Read more
