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Indian Auto Component Industry To Grow By Upto 10% In FY2026 Says ICRA
February 20, 2025
In FY2026, ICRA estimates that the auto component sector will pump in INR 250-350 billion investment towards enhancing capacity, localisation/capability development and new technologies (including EVs) among others.
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Mahle Bags Order For High-Performance Cooling Module For EV Chargers
February 20, 2025
The module will be used in fast-charging stations for e-commercial vehicles, which typically are installed on service stations on and off-highways.
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Todd Morgan Joins Uno Minda As Global Head of Lighting Technologies and Innovation
February 19, 2025
Morgan comes with over three decades of experience in the automotive lighting industry.
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Continental Automotive’s R&D Optimisation Drive To See 3,000 Job Cuts Globally By 2026
February 19, 2025
At present, Continental’s Automotive sector employs around 92,000 people, including 31,000 in R&D as of 31 December 2024.
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Kinetic Engineering Appoints Vinayak Shevade As New CFO
February 17, 2025
He will be responsible for driving the company’s financial strategy amid its ambitious expansion plans.
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Uno Minda To Acquire JV Partner FRIWO’s Stake in UnoMinda EV Systems Along With IP and R&D Team For INR 1.95 Billion
February 14, 2025
The acquisition also includes the Intellectual Property Rights (IPR), the know-how and R&D team relating to the e-drives business technologies including the required control hardware and service software, from FRIWO's locations in Germany and Vietnam.
