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MG Motor India to invest Rs 200 crore in 2021 on localising electronics

autherAutocar Professional Bureau     calendar27 Feb 2021

Company aims to enhance gross localisation in its Hector SUV from 70% to 80% this year.

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Advik Hi-Tech acquires Hanon Systems’ Bangalore unit

autherAutocar Professional Bureau calendar26 Feb 2021

Global supplier acquires Hanon Bangalore Operations, which manufactures automotive water pumps and vacuum pumps for gl...

MG Motor, Tata Power install superfast EV charging station in Chennai

autherAutocar Professional Bureau calendar26 Feb 2021

MG along with its partners has so far installed 22 superfast charging stations across 17 cities in India

Shapoorji Pallonji Group partners Enel X to enter EV charging business

autherAutocar Professional Bureau calendar26 Feb 2021

The JV will target private and public EV charging infrastructure and will benefit from the support of its shareholders...

FAME II scheme needs course correction: Hero Electric’s Naveen Munjal

By Shirish Gandhi calendar26 Feb 2021

At the current pace, the policy is set to miss its target of supporting over 15 lakh EVs by the end of fiscal year 202...

RBI Governor calls for coordinated tax cut on petrol and diesel

By Sumana Sarkar calendar26 Feb 2021

RBI Governor Shaktikanta Das has also raised the red flag on the potential impact on the cost of manufacturing and tra...

IHS Markit sees semiconductor shortage impacting auto industry till Q3-Q4, 2021

By Shahkar Abidi calendar26 Feb 2021

With the current shortage, semiconductor production has approximately doubled the normal lead time to at least 26 week...

Semiconductor shortage hits Bajaj Auto’s premium bike range

By Murali Gopalan calendar26 Feb 2021

Coupled with inadequate supplies of ABS parts from Bosch, KTM numbers could be down by 6,000 units this month

Maruti Suzuki and IIM Bangalore shortlist 26 start-ups for incubation

autherAutocar Professional Bureau calendar26 Feb 2021

Collaboration to enable start-ups to channelise their efforts to bring industry-ready solutions and become large-scale...

ACMA honours the movers and shakers of India's component industry in CY2020

By Sricharan R calendar25 Feb 2021

In what reflects the resilience of the supplier fraternity in a difficult year, there were 305 applications for the aw...