BERLIN: Mercedes will invest billions of dollars to mode<br>ize its plants in China, Germany and Hungary in the coming years, Automobilwoche reports, as the automaker prepares to switch to electric cars and cut emissions. The European Union has set a goal of increasing CO2 emissions per passen...
Mar 21, 2023
Major automakers and technology companies around the world have committed billions of dollars to making autonomous car technology a reality. Industry researchers estimate that it will take some time for the automotive sector to reach the point where most driving situations can be handled by cars the...
Mar 20, 2023
New Delhi: KSB, Ltd., a pioneer supplier for pumps, valves and systems, has acquired technology from Bharat Pumps and Compressors Ltd, Naini, Prayagraj. With this acquisition, KSB Limited becomes the sole and exclusive owner and shall have rights in the technology of products manufactured by BP & CL...
Mar 20, 2023
Hyundai Ve<br>a 2023 price in India to be announced on March 21 The model gets a new turbo-petrol engine Hyundai India is all set to launch the new generation Ve<br>a in the country tomorrow. The updated model has already commenced arriving at local dealerships across the country. Bookings o...
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Mar 17, 2023
NEW DELHI: Malaysia's Petronas has offered 38 billion rupees ($460 million) to buy a 20% stake in the green energy arm of India's largest power producer NTPC in the first such deal of its kind by a state-run firm, three sources told Reuters. The offer price was higher than the Rs 30 billion NTPC ha...
Mar 17, 2023
New Delhi: Hero Electric said on Wednesday that it will launch more than 10 lakh vehicles annually in the next two to three years from its manufacturing units in India. The company, which launched new versions of its three electric scooter models priced between INR 85,000 and Rs 1.3 lakhs, plans to ...
Mar 17, 2023
SAIC Volkswagen Automotive Co is offering 3.7 billion yuan (USD 537 million) in cash subsidies for car purchases in China, joining more than 40 brands in slashing prices ahead of emissions rule changes in the world's largest auto market. SAIC-VW said on its WeChat account that the joint v...
Mar 16, 2023
The 2023 Hyundai Ve<br>a is gearing up for an official launch in the country on March 21, and ahead of that, the company started manufacturing the midsize sedan. The South Korean automaker also revealed some background on the advanced technologies used in the manufacturing process of the n...