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SFIO raids Hero Electric, Benling, Okinawa for FAME subsidy misappropriation

SFIO raids Hero Electric, Benling, Okinawa for FAME subsidy misappropriation

autherAutocar Professional Bureau     calendar03 Dec 2024

The three electric vehicle makers availed subsidies worth Rs 297 crores under the FAME II scheme through fraudulent ways.

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Valeo and ROHM Semiconductor to co-develop next-gen power electronics
Valeo and ROHM Semiconductor to co-develop next-gen power electronics

autherAutocar Professional Bureau calendar03 Dec 2024

The two companies plan to optimize the next generation of power modules for electric motor inverters. As a first step,...

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Recycled plastic bottles increase share of sustainable materials in Continental car tyres
Recycled plastic bottles increase share of sustainable materials in Continental car tyres

autherAutocar Professional Bureau calendar03 Dec 2024

Polyester fabric made from recycled PET bottles introduced in further tyre plants. Proportion of recycled materials in...

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Aramco acquires 10% equity in Horse Powertrain
Aramco acquires 10% equity in Horse Powertrain

autherAutocar Professional Bureau calendar03 Dec 2024

Aramco’s investment is expected to accelerate Horse Powertrain’s efforts to develop next‑generation ICE and hybrid pow...

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ZF produces its 40 millionth passenger car axle drive
ZF produces its 40 millionth passenger car axle drive

autherAutocar Professional Bureau calendar03 Dec 2024

ZF is the market leader in axle drives for conventional (front engine and rear-wheel drive) internal combustion engine...

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Honda Motorcycle & Scooter India achieves sales of 4,72,749 units in November 2024
Honda Motorcycle & Scooter India achieves sales of 4,72,749 units in November 2024

autherAutocar Professional Bureau calendar02 Dec 2024

HMSI reports strong domestic and export figures while unveiling the Activa e: and QC1 in the electric segment. The com...

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Carraro India secures SEBI nod for Rs 1,812 crore IPO
Carraro India secures SEBI nod for Rs 1,812 crore IPO

autherAutocar Professional Bureau calendar02 Dec 2024

The IPO is a complete Offer for Sale (OFS) by its parent company, Carraro International S.E.

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VE Commercial Vehicles posts 7.3% growth in November sales
VE Commercial Vehicles posts 7.3% growth in November sales

autherAutocar Professional Bureau calendar02 Dec 2024

Eicher’s sales grew 7.4% year-on-year in November.

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Pricol acquires Sundaram Auto Components’ injection moulding business for Rs 215.3 crore
Pricol acquires Sundaram Auto Components’ injection moulding business for Rs 215.3 crore

autherAutocar Professional Bureau calendar02 Dec 2024

This acquisition will enable Pricol to scale the injection moulding business into an independent business vertical and...

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Ultraviolette F99 sets record as fastest Indian motorcycle at the Valley Run
Ultraviolette F99 sets record as fastest Indian motorcycle at the Valley Run

autherAutocar Professional Bureau calendar02 Dec 2024

The Ultraviolette F99 clocked a quarter-mile time of 10.712 seconds, with plans underway to attempt the record for the...

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MOST READ

POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

64.26%

No

 

35.74%

Total Votes : 761