Autocar Professional Magazine
Autocar Professional: Jun 2023
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Articles in This Issue
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Epsilon Advanced Materials to set up battery performance material testing facility in India

autherAutocar Pro News Desk calendar30 May 2023

State-of-the-art facility aims to advance domestic capabilities in testing advanced cell-grade materials and bolster the Indian battery performance materials testing and manufacturing within EV ecosystem.

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Ola Electric targeting IPO by year end, ropes in Goldman, Kotak: Report

autherAutocar Pro News Desk calendar25 May 2023

If the company disposes of a 10 percent interest in the listing, which is the minimum requirement for a listing, legally, at the price, it could be the country’s largest listing in 2023.

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Flix to enter Indian market by 2024

autherAutocar Pro News Desk calendar25 May 2023

Year 2022 saw the company reach a global revenue of over EUR 1.5 billion.

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Pricol files writ petition challenging Minda Corp's application to CCI for acquiring 24.5% stake

autherAutocar Pro News Desk calendar25 May 2023

The Pricol management had earlier reiterated its opposition to what many claim is a "hostile takeover attempt" by fellow automotive firm Minda Corporation. 

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Ashok Leyland to spend 'normal' capex of Rs 600-750 crore in FY24 after two years of tightening

autherAutocar Pro News Desk calendar23 May 2023

According to Shenu Agarwal, the development should be viewed in the context of the industry's volume growth trends, which will now necessitate some debottlenecking to improve operational efficiency.

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Varroc Engineering bags Rs 5,178 crore in new order wins, including Rs 1,797 crore from key seven EV customers

autherAutocar Pro News Desk calendar23 May 2023

Tarang Jain, Chairman and Managing Director, Varroc, said, “Automobile production in India during Q4 FY23 grew on a YoY basis for most of the segments, due to the easing of semiconductor issues and improved economic activity.