Supplies of the auto part were choked by the war in Ukraine, which is home to a significant chunk of the world's production, with wire harnesses made there fitted in hundreds of thousands of new vehicles every year.
Read MoreAs Executive Director and Head of Operations, Vyankatesh will lead Mercedes-Benz India’s transformation journey into electrification and technology driven digitization and smart manufacturing prowess. His appointment is effective from June 1, 2022.
Read MoreElectric Vehicles (EVs) are expected to contribute toward achieving net-zero emissions. However, to convert the millions of vehicles on Indian roads into EVs, the country would need several terawatt-hours of electricity additionally but with the majority of the existing energy generation coming from coal-fired power stations, this indirectly leads to losing out on the environmental benefits of clean road transportation.
Read MoreThe transfer will include the land & buildings, the complete vehicle manufacturing plant, machinery & equipment and the transfer of all eligible employees of Ford’s vehicle manufacturing operations at Sanand, Gujarat.
Read MoreTotal spend over the next two years, i.e, FY23 and FY24 would be Rs. 1,100 crore, including maintenance Capex of around Rs 300 crore, said JK Tyre, CFO, Sanjeev Aggarwal
Read MoreThe company plans to have five to six products in the high-speed electric scooters segment after two years. It is also eyeing around 8-10 percent of the fast-growing electric two-wheeler market in three years' time.
Read MoreThe Gujarat-based company, which sells electric two-wheelers under the Joy brand, plans to come up with an R&D centre and an assembly plant to set up the 1GWh cell production plant at its electric vehicle ancillary cluster in Vadodara.
Read MoreExplaining the process, Delhi Transport Commissioner, Ashish Kundra said when a vehicle comes for fitness tests, a device checks its noise levels and a probe is inserted to check the smoke emitted by it.
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