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Hyundai Transys signs $2.2 billion deal with Saudi Arabia’s Ceer to supply EV drive systems

Hyundai Transys signs $2.2 billion deal with Saudi Arabia’s Ceer to supply EV drive systems

autherAutocar Professional Bureau     calendar25 Jun 2024

The Korean component maker has signed a contract worth KRW 3 trillion (Rs 180,540 crore) with Ceer to supply its integrated EV drive system with motor, inverter, and reduction gear. The contract marks the first time that Hyundai Transys wil...

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Force Motors partners with EY Parthenon India to launch Project DigiForce — digital transformation programme News
Force Motors partners with EY Parthenon India to launch Project DigiForce — digital transformation programme

By Autocar Pro News Desk calendar24 Jun 2024

The partnership includes redesigning of Force Motors' Digital landscape, implementing advanced digital platforms, tech...

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Lexus India announces new 8-Year vehicle warranty News
Lexus India announces new 8-Year vehicle warranty

By Autocar Pro News Desk calendar24 Jun 2024

The new comprehensive vehicle warranty has increased from 3 years / 100,000 km to 8 years/1,60,000 Km.

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‘Investments are coming through and the roadmap for the next five years is almost frozen’: Biju Balendran Interview
‘Investments are coming through and the roadmap for the next five years is almost frozen’: Biju Balendran

By Hormazd Sorabjee calendar23 Jun 2024

Biju Balendran, Managing Director of MG Motor India, spoke with Autocar Professional about MG India’s new innings unde...

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Tata Motors’ year of transformation Feature
Tata Motors’ year of transformation

By Shahkar Abidi and Ketan Thakkar calendar23 Jun 2024

Tata Motors showed remarkable performance in FY24 despite global challenges, with the CV, PV and JLR divisions achievi...

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Western India: an automotive powerhouse Feature
Western India: an automotive powerhouse

By Mayank Dhingra calendar23 Jun 2024

The western zone is now attracting EV makers with its pro-business policies, skilled workforce, and state subsidies.

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Charting the course: From 'Used Cars' to 'Pre-Loved Cars' Feature
Charting the course: From 'Used Cars' to 'Pre-Loved Cars'

By Prerna Lidhoo calendar23 Jun 2024

Despite supply-side challenges, India's used-car market is on an upswing as consumers get more comfortable with the id...

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Ferrari gears up to launch its first EV with new E-building News International
Ferrari gears up to launch its first EV with new E-building

By James Attwood, Autocar UK calendar23 Jun 2024

New facility at Maranello will house production of ICE and hybrid cars, as well as firm's first full EV. Production is...

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SUV share of Hyundai India’s PV sales jumps from 13% in FY2016 to 67% in April-May '24 Analysis Sales
SUV share of Hyundai India’s PV sales jumps from 13% in FY2016 to 67% in April-May '24

By Ajit Dalvi calendar22 Jun 2024

From two models and a 13% share of its passenger vehicle wholesales in FY2016 to seven models and a 67% share in April...

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Kia offers discounts to central paramilitary service personnel News
Kia offers discounts to central paramilitary service personnel

autherAutocar Professional Bureau calendar21 Jun 2024

The premium carmaker will extend special pricing on its popular models including the Seltos, Sonet, and Carens to para...

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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

 

64.93%

No

 

35.07%

Total Votes : 921