The first model is expected to hit the market in 2022. Tork Motors meets the subsidy requirements of the (FAME-II) scheme and will produce electric two-wheelers (e-2Ws) and electric three-wheelers (e-3Ws).
With governments around the world pursuing more stringent norms on emissions and fuel economy, companies are gearing up with new energy-efficient powertrain systems, says Rakesh Rao. With market for auto booming in Asia, global auto component companies are eyeing for bigger share of the market. Meanwhile, in India, the new emission norm (BS VI to be rolled out from April 1, 2020) is forcing companies to modify their powertrain systems. The demand for new products is also getting a boost with auto makers making their next generation powertrains.
German technology company Continental and Indian Institute of Technology (IIT) Madras have joined hands for advanced research in machine learning (ML). A Memorandum of Understanding (MoU) was signed on May 4, 2018, between Continental and IIT Madras to take forward this partnership. Continental is a global automotive manufacturing company specialising in tyres, brake systems, interior electronics, automotive safety, powertrain and chassis.
More and more people are flocking to cities. According to a 2014 UN study, two-thirds of the world’s population will be living in cities by 2050 – and they will also be driving their cars there. However, it would perhaps be more accurate to say that they’ll be trying to drive their cars there, because global traffic jam statistics tell us that individual “mobility” in cities will be severely restricted.