The company has recorded over 2 lakhs monthly seat capacity and 80 per cent increase in revenue.
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Iyer replaces Martin Schwenk who will assume the responsibility as the President and Chief Executive Officer of Mercedes-Benz Thailand.
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Electrification is seen as a challenge for Maruti that wants New Delhi to incentivise all cleaner technologies, including hybrid and ethanol, and not just EVs, which it expects to launch only in 2025.
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Rising demand for electric vehicles (EV) around the world is encouraging automakers such as Tesla, Volkswagen and Stellantis to step up efforts to secure raw materials needed for making batteries.
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The companies will establish a joint venture to start producing lithium-ion batteries in Ohio, where Honda's main factory is located, according to the report, adding that they are aiming to start construction in 2023 and mass-production in 2025.
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LTTS has an existing Near Shore Center which provides engineering and R&D services for BMW Group’s suite of infotainment consoles and its family of hybrid electric vehicles.
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Xiaomi and BAIC are exploring various options including Xiaomi buying a stake in Beijing Hyundai No. 2 plant, which has a licence to make cars in China.
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With this campaign, we aim to cultivate the right road safety habits amongst the new & upcoming riders as well as help adults in understanding the importance of using the roads safely, says Prabhu Nagaraj, Operating Officer - Brand & Communication, Honda Motorcycle & Scooter India
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Under the Audi Approved: plus programme, Audi India offers 24x7 Roadside Assistance and complete vehicle history before purchase.
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Both companies say that this partnership will boost electric two-wheeler charging and swapping infrastructure.
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