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Indian Auto Component Industry – Review FY19 & Outlook

Indian Auto Component Industry – Review FY19 & Outlook

With host of new technology and innovation in the automotive manufacturing and the auto component space has led to emergence of sustainable mobility options like electric vehicles (EVs), while it is showing benefits of IoT-based platform in controlling emissions and energy.

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Automobile Industry Update: FY20

Automobile Industry Update: FY20

In FY20, the industry sales experienced a sharp decline of 14.8 per cent y-o-y vis-à-vis a growth of about 6.4 per cent during FY19 led by factors such as increased insurance costs, uneven monsoon, high ownership costs, curtailed lending by the NBFC segment,etc.

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Hyundai Motor unveils concept EV— Prophecy

Hyundai Motor unveils concept EV— Prophecy

Hyundai Motor Company has launched its new concept EV—Prophecy, expressing the company’s latest design. This visionary concept signifies Hyundai’s latest design philosophy of sensuous and sportiness, based on the last year’s 45 concept EV.

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BHEL to supply e-buses with charging infrastructure in UP

BHEL to supply e-buses with charging infrastructure in UP

Bharat Heavy Electricals Limited (BHEL), the country’s largest power equipment manufacturer, has bagged an order for the supply of electric buses along with charging infrastructure for Gorakhpur City in Uttar Pradesh in an order placed by Urban Transport Directorate (UTD), Lucknow.

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Continental produces one million ABS and ESC ECU

Continental produces one million ABS and ESC ECU

Vitesco Technologies, the Powertrain business of Continental, is presenting a cost-effective and compact hybrid transmission solution with integrated electric machines, designed for use in applications such as plug-in hybrid electric vehicles (PHEVs), at the CTI Symposium in Berlin at December 9-12, 2019.