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Ashok Leyland unveils vehicle platform JEET 4×4 at DefExpo 2022
The company showcased products like JEET 4x4 (a proven vehicle platform, equipped to perform in hills, high altitude, cross country, plains & desert terrain), LBPV 4x4 (light bullet proof vehicle 4x4) and Tank T72 GB Assembly aggregates (gear boxes).
FPT Industrial opens new ePowertrain plant in Italy
The new production site is the first totally carbon-neutral plant of Iveco Group (which owns FPT Industrial), achieving its targets by offsetting its CO2 emissions with the purchase of energy from renewable sources and carbon credits.
Leading Chinese EV maker selects BorgWarner for sourcing eMotors
BorgWarner’s high-voltage hairpin eMotors to be used in the Chinese brand’s second-generation 800V propulsion system platform
Denso, USJC tie-up to manufacture semiconductors
Leading auto component supplier Denso announced its collaboration with United Semiconductor Japan Co. (USJC), a subsidiary of global semiconductor foundry United Microelectronics Corporation, for the production of power semiconductors.
Extended lockdown in China may affect the domestic auto industry
The operations of domestic automobile manufacturers may get further impacted if the lockdown in several cities of China, including Shanghai, to check Covid-19 infections gets prolonged.
India eyes Bangladesh as a major auto hub
As Sri Lanka is engulfed by its economic crisis, the new destination for Indian auto companies seems to be Bangladesh which is on the brink of a major economic boom, spurring auto majors to look eastwards.
Vehicle prices to go up due to high input costs
Small cars, sports utility vehicles, sedans, and two-wheelers are set to get costlier with automakers raising prices to partially absorb the impact of high material costs.
SEMIKRON, Danfoss tie up to develop power electronics
SEMIKRON and Danfoss Silicon Power announced a merger to create a joint business specialised in power electronics focusing on power semiconductor modules.
US-based Triton to set up commercial electrical vehicle unit in Gujarat
Triton Electric Vehicle LLC has signed an agreement with the Gujarat government to set up a commercial electric vehicle manufacturing plant at Bhuj in the Kutch district with a total investment of Rs 108 billion.