Tsuyo signs MoU with Suzhou LvKON for BEV and HEV solutions LvKON will also play an important role in creating a production line for heavy-duty motors and gearboxes that meet Tsuyo’s… November 19, 2023 15:04 IST
Tata AutoComp inaugurates manufacturing line for battery energy storage system The lithium-ion-based BESS will be manufactured under its joint venture Tata AutoComp Gotion Green Energy Solutions. November 19, 2023 08:50 IST
Vitesco Tech starts manufacturing e-axle in Korea Vitesco Technologies says its electric axle drives EMR3 and EMR4 are successful products because they offer an attractive combination of… November 16, 2023 16:25 IST
Ramkrishna Forgings raises Rs 1,000 crore through QIP The company says its first-ever QIP has witnessed a strong response from marquee domestic and foreign institutional investors. November 15, 2023 17:35 IST
TVS Eurogrip showcases off-road higway tyre range at Agritechnica At present, TVS Eurogrip exports to over 85 countries across the world and Germany is one of the important markets… November 15, 2023 11:43 IST
Valeo bags multi-million-dollar order for supplying e-powertrain and on-board charger combo for Mahindra’s Born Electric range The total order is close to a billion dollars and was already included in the total amount of orders for high-voltage… Updated: November 13, 2023 14:15 IST
Kinetic Engineering posts Rs 1.7 crore profit for Q2 FY2024 The company says it has extended its supply programme for driveline products to American Axle for another 7 years. November 10, 2023 08:00 IST
Samvardhana Motherson International reports Rs 451 crore profit in Q2 FY2024 During the quarter the company registered 22% of automotive business coming from electric vehicles. November 9, 2023 16:29 IST
Continental reports 299 million euros in profit for Q3 CY2023, downgrades automotive sales outlook The company found that according to preliminary figures, the global production of passenger cars and light commercial vehicles amounted to… November 9, 2023 14:46 IST
EICMA 2023: TVS Eurogrip unveils adventure tyres Bridging the gap between road and off-road, the prototypes for two new Trail products were showcased for the first time… November 9, 2023 12:15 IST
Pricol posts Rs 33 crore profit for Q2 FY2024 The company says it made key investments in surface-mount technology (SMT) for printed circuit board (PCB) assembly line and disc brake… November 9, 2023 08:00 IST
Cummins India posts Rs 329 crore profit for Q2 FY2024 The stable fiscal and monetary policies, the government’s continued emphasis on infrastructure development, and PLI led capex is keeping the… November 8, 2023 12:48 IST
Varroc Engineering reports 55.7 crore profit for Q2 FY2024 The company grew its revenues by 3 percent on a YoY basis, despite weak growth in overseas markets due to… Updated: November 8, 2023 12:15 IST
Apollo Tyres reports Rs 474 crore profit for Q2 FY2024 The company attributes the robust performance, especially from Indian operations, which was witnessed in the second quarter, and in the… November 8, 2023 10:41 IST
Continental to expand manufacturing capacity for connected technologies in India As the vehicle architecture is evolving, Continental says it continues to evaluate the demand for the products to accordingly invest… November 8, 2023 09:00 IST
Uno Minda reports Rs 225 crore profit for Q2 FY2024, benefits from growth across product categories The company attributes the performance to its growth amongst all product segment led by alloy wheel, automotive lighting and automotive… November 7, 2023 17:21 IST
BorgWarner to supply additional combined inverter and DC/DC converter to European OE By combining the inverter and converter elements, the compact CIDD can manage both a vehicle’s electric drive and its accessory… November 7, 2023 08:41 IST
Bharat Forge posts Rs 346 crore profit in Q2 FY2024 In H1 FY2024, the standalone business secured new orders worth Rs 740 crore across various segment including Rs 300 crore… November 6, 2023 14:42 IST
