#AutoNews #CarIndustry #EVs #TwoWheelers #AutoComponents
The new-generation Suzuki Swift has bagged a four-star rating in the Japan New Car Assessment Programme (JNCAP) crash tests. The National Agency for Automotive Safety and Victims’ Aid (NASVA) has published the detailed test reports and footage of tests conducted on the latest Swift, set to launch in India in May.
Kia EV2 to be Brand’s Cheapest EV; Spied for the First Time
Kia is preparing to introduce several low-cost EVs, including the ‘EV2‘ positioned as the brand’s most affordable electric vehicle with an estimated starting price of $14,500. The upcoming Kia EV2 has been spied testing for the first time.
Tata to Build Jaguar Land Rover Cars at Tamil Nadu Factory
Tata Motors has signed an MoU with the Tamil Nadu government to set up a new $1 billion facility to manufacture Jaguar Land Rover models, potentially the first time JLR cars would be built from the ground up in India for domestic and export markets.
Tesla’s Elon Musk Says India Visit Postponed to Later This Year
Tesla CEO Elon Musk stated that his much-anticipated trip to India would be delayed due to “very heavy Tesla obligations,” though he looks forward to visiting later this year to potentially announce an investment and launch made-in-India Tesla vehicles.
Charging Network Operators, Energy Companies Partner to Create UPI-like Network for EV Charging
20 energy companies have come together to create the Unified Energy Interface (UEI), an open energy network aimed at facilitating seamless payment and transaction interoperability within EV charging networks.
IIT Kanpur and NATRAX to Work Together on Emission Control, Innovative Solutions
The Indian Institute of Technology Kanpur (IITK) & National Automotive Test Tracks (NATRAX) have signed an MoU to collaborate on areas like real drive emission (RDE), emission norms, and other innovative solutions.
Bajaj Chetak to Get an Affordable Variant in May
Bajaj Auto is planning to introduce a new base variant of the Chetak electric scooter next month, positioned below the existing Urbane and Premium trims.
Hero MotoCorp Expands Operations in Nepal with New Assembly Facility
Hero MotoCorp has inaugurated a new assembly facility in Nepal’s CG Industrial Park, where four of its products – Xpulse 200 4V, Super Splendor, Splendor+, and Xoom 110 scooter – will be assembled locally.
Wardwizard Eyes Fresh Funds of USD 180 Million
Vadodara-based Wardwizard Innovations & Mobility is planning to raise roughly USD 180 million by FY25, with USD 30 million expected through an American Depository Receipts (ADR) issue to establish an EV ancillary cluster.
Odysse Electric Looking to Raise USD 5-10 Million for Expansion
Electric two-wheeler maker Odysse Electric is looking to raise USD 5-10 million to drive growth plans including new product development and scaling up manufacturing capabilities as it targets the mass segment.
Bajaj Auto Eyeing Big Bike Space for Rs 15,000 Crore Pulsar Brand with New 400 Model
With the launch of the new Pulsar NS400 on May 3, Bajaj Auto is looking to expand the Rs 15,000 crore Pulsar brand into the big bike space.
Tata Elxsi-Renesas MCU for EVs Enables Cost Optimisation, Speedier Time to Market
Tata Elxsi and Renesas Electronics have reported advances in developing a Motor Control Unit (MCU) for electric vehicles, enabling cost optimisation and speedier time to market.
Emmforce AutoTech to Raise Rs 54 Crore Through IPO on April 23
Emmforce AutoTech, an aftermarket drivetrain component manufacturer, has announced its initial public offering (IPO) to raise Rs 54 crore.
Ramkrishna Forgings: Approval to Supply Power Train Components to USA’s Largest Electric Passenger Vehicle Producer Put on Hold
Ramkrishna Forgings Limited has notified that the earlier approval from USA’s largest electric passenger vehicle manufacturer to supply power train components has been put on hold.
Samvardhana Motherson International Presentation on Simplification of International Business
Samvardhana Motherson International Limited has informed about a presentation by its subsidiary SMRP B.V. regarding the simplification of international business.
Sona Comstar Inaugurates New Manufacturing Plant in Mexico
Sona Comstar, a global automotive technology solutions provider, has inaugurated a new manufacturing plant in Mexico’s Fipasi Industrial Park to cater to the growing EV demand in North America.
Uno Minda Acquires Stake from Westport Fuel Systems in Minda Westport Technologies
Uno Minda Limited has acquired a 26% stake in Minda Westport Technologies Limited from Westport Fuel Systems Italia S.R.L. for Rs. 14.81 crores, increasing its stake to 76%.
Bridgestone Eyes 25% Revenue, 11% Volume Growth in India by 2026
With India as its fastest growing market, Japanese tyre manufacturer Bridgestone is targeting 25% revenue growth and over 11% volume growth in the country by 2026, focusing on premium products and services.
