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Anand Group exploring possibility of PE infusion in its EV arm Anevolve

Anand Group exploring possibility of PE infusion in its EV arm Anevolve

Ketan Thakkar & Shruti Mishra     calendar09 Feb 2023

The company eyes $500 million revenue from EV business in the next five years. To participate in the growth of EV business, the NCR headquartered, auto component major has lined up an investment of Rs 1,000 crore for Anevolve EV division by...

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Cummins Q3 net profit up 50% to Rs 479 crore News
Cummins Q3 net profit up 50% to Rs 479 crore

autherAutocar Professional Bureau calendar08 Feb 2023

Company says in the recent budget the Government of India has a stronger outlay for the infrastructure sector, includi...

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Endurance bets on after-market business outperformance News
Endurance bets on after-market business outperformance

By Shahkar Abidi & Ketan Thakkar calendar08 Feb 2023

Endurance Technologies expects aftermarket segment potential to touch $100 million in three to five years and the mult...

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Minda Corp net profit rises 41% to Rs 52 crore News
Minda Corp net profit rises 41% to Rs 52 crore

autherAutocar Professional Bureau calendar08 Feb 2023

Lifetime EV orderbook of 24% of the total order wins in 9MFY23.

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Hero Electric to source wiring harness solutions from Dhoot Transmission News National
Hero Electric to source wiring harness solutions from Dhoot Transmission

autherAutocar Professional Bureau calendar08 Feb 2023

Dhoot Transmission has collaborated with the EV OEM on the 3D design for the wiring harness which is designed to deliv...

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Tata AutoComp goes local to make EVs affordable Feature
Tata AutoComp goes local to make EVs affordable

By Ketan Thakkar & Shruti Mishra calendar08 Feb 2023

The group has lined up Rs 2,500 crore investment to become a full service parts supplier for EVs in India barring batt...

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Schaeffler India appoints Sumithasri Eranti as its new chairperson News National
Schaeffler India appoints Sumithasri Eranti as its new chairperson

autherAutocar Professional Bureau calendar07 Feb 2023

Ms. Eranti, who has over 25 years of experience in business leadership, technology, consulting and the financial servi...

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Pune’s Flash Electronics partners with Slovenia’s GEM motors for hub motors News
Pune’s Flash Electronics partners with Slovenia’s GEM motors for hub motors

autherAutocar Professional Bureau calendar06 Feb 2023

The collaboration has expanded Flash’s scope to offer e-motors ranging from 1kW to 540kW for various categories of ele...

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ATS ELGi expands wheel aligners portfolio with 2 new-age products News
ATS ELGi expands wheel aligners portfolio with 2 new-age products

autherAutocar Professional Bureau calendar05 Feb 2023

Showcased at the recently held AutoExpo 2023, ATS Elgi has received a strong order book from the show.

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Autocar Professional’s February 1, 2023, issue is out! News
Autocar Professional’s February 1, 2023, issue is out!

By Chandan B Mallik calendar03 Feb 2023

Stay up-to-date with news, features, and interviews in this 72-page issue.

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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

 

64.50%

No

 

35.50%

Total Votes : 769