⚡️Join us for an electrifying experience as we partner the Tamil Nadu Government to bring the #IndiaEVConclave on Nov 21 in Chennai. Get ready to hear from industry leaders, policymakers & find answers to the challenges faced by the industry. Register Now: https://t.co/CUyvYP4eto
UVeye to automate vehicle inspection tasks with AI for Amazon. Automated Vehicle Inspection finds more defects in hard-to-inspect places, such as damage to the undercarriage, or nails in the tyre tread than when the inspection process is done manually https://t.co/M9Aumlu9nR
Gestamp and Tata Steel UK, whose steel grades already include 17% recycled content, partner to double recycled automotive steel content with no impact on quality, strength, or formability & increase the circularity of steel in the automotive supply chain https://t.co/oRE1trH4HO
Honda develops e-clutch for motorcycles. The Honda E-Clutch uses electronic control technology to provide instantaneous, fine-tuned clutch control for optimum performance in starting, shifting gears, and stopping https://t.co/Ftfd94FXzr
Hyundai, Kia and Infineon Technologies sign multi-year supply agreement for power semiconductors; Infineon to build and reserve manufacturing capacity for the two carmakers until 2030, which will enable them to future-proof their semiconductor supplies https://t.co/9xtBPOzDQs
EXCLUSIVE VIDEO
"India's automotive industry has significantly evolved to be globally recognised for quality" – Vipin Sondhi, former MD of Ashok Leyland, details how formulation of robust standards can help India transform itself into a global testing hub https://t.co/yztpLoI2Rg
ACMA president Sunjay Kapur:"I'm optimistic about the future of the Indian auto component industry. FY2023 has firmly established us on the growth path. Embracing technology & advancements in tech is not just an option but a necessity for positioning ourselves as global leaders."
ACMA vice-president Shradha Suri Marwah: "Companies can realise as much as 20-30 percent valuation uplift by deploying sustainability-led growth and cost reduction measures. Sustainability measures are being adopted at a global pedestal."
ACMA president Sunjay Kapur: "There is a great opportunity in circularity and the recycling space within the automotive ecosystem, which is changing so rapidly. We call it 'Mobility 360-degree', and that is why the theme of the 63rd ACMA Convention is Sustainability."
ACMA kicks off 63rd Annual Convention on focus on sustainability. ACMA president Sunjay Kapur: "Sustainability is an opportunity to prove ourselves. It is also being driven by regulations & customer preferences like the increasing switch to EVs that's also pushing this change."
ACMA vice-president Shradha Suri Marwah: "As more companies realise the importance of sustainability on both their top & bottom lines, they will accelerate their efforts. We, at ACMA, are driving several sustainability initiatives. This would reach an inflection point & explode."
BREAKING: India’s Anand Group & Korea’s HL Group ink aftermarket JV (HL Anand Automotive Parts), target rapid domestic & global growth; will broaden both enterprises’ portfolios by adding new products largely for passenger vehicles & entering new markets https://t.co/7nMsBqalzn
'The Ministry is grateful to the auto industry for participating in its PLI scheme initiatives & surpassing expectations by collectively investing Rs 75,000 cr in the automotive PLI scheme. The govt has taken a decision to extend the PLI scheme by one year,' Mahendra Nath Pandey.
'Government's PLI and ACC battery schemes are moving ahead at a tremendous pace. By end-2023, or by January 2024, India will start making advanced cell chemistry battery cells in the country for the first time,' Mahendra Nath Pandey, Union Minister for Heavy Industries.
'Along with the existing testing infrastructure of ARAI in Pune, and ICAT in Manesar, we are including 2 more facilities - NATRAX, Indore and GARC, Chennai - to now get the mandate for the testing of EVs in the country,' Mahendra Nath Pandey, Union Minister for Heavy Industries.
It's a packed house at the 63rd SIAM Annual Convention in New Delhi. Stay tuned as we at Autocar Professional and Autocar India bring you exclusive news from the mega-event and coverage from our interactions with the who's who of the automotive industry
'The need of the hour, however, is to create an environmentally conscious and economically viable mode of sustainability,' Prime Minister Narendra Modi in a message to the automotive industry.
'The automotive industry is a catalyst of economic growth. While it enables job creation, at the same time, the auto sector is a great beneficiary of the demand creation in the economy,' Prime Minister Narendra Modi in a message to the automotive industry.
Global Biofuels Alliance announced at the #G20Summit2023. This India-led initiative will bring together governments, international organisations, industry & the biggest consumers and producers of biofuels; will help accelerate transition to clean energy https://t.co/ONioGQEbpn
World EV Day Special: Growing shift to e-mobility now reflected in India’s component industry numbers – EV parts supplies comprised 2.7% of best-ever turnover of Rs 560,000 crore in FY23, up 33% on strong India market sales, aftermarket & steady exports https://t.co/QzZp9iaVYW