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).
Tag: mobility
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Hyundai Motor completes acquisition of Boston Dynamics
Hyundai Motor Group announced the acquisition of a controlling stake in Boston Dynamics at a value of US $ 1.1 billion. Additional financial details were not disclosed.
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KPIT acquires PathPartner for Rs 1.9 bn to boost software integration
KPIT Technologies announced the signing of an agreement to acquire a stake in Pathpartner Technology. The deal is expected to close in Q2 FY 2021-22.
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Electric mobility start-up Cell Propulsion raises $ 2 mn
Bengaluru-based mobility and electric vehicle technology start-up, Cell Propulsion, recently raised funding of $2 Million (debt + equity) in a growth round from existing investors.
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A ‘MOVE’ TOWARDS SUSTAINABLE MASS MOBILITY
Mobility is a key to unlock the potential of the country's economy and people as it keeps the engine of life running.
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New powertrain systems empowering clean mobility
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.
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Germany’s Continental ropes in IIT Madras for safe mobility solutions
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.
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EVs to turn the wheels of fortune
The Indian auto industry is one of the largest in the world. The industry accounts for 7.1 per cent of the country's gross domestic product (GDP).
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Continental’s cutting-edge brake technology MK C1 enables the next step to highly automated driving
While automated driving is a big step into the future of safe and comfortable individual mobility, one thing will not change: In conjunction with the steering, the brakes will remain the most important element of active safety.
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Continental advances with the demo vehicle CUbE the development of technologies for driverless vehicles
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.
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