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BorgWarner to Grow Electric Vehicle Revenue to 45 Percent
March 24, 2021
BorgWarner’s unveils project CHARGING FORWARD to increase revenue from electric vehicles from less than three percent to 45 percent by the end of this decade. Project CHARGING FORWARD consists of three steps - profitably scaling electric light vehicle
MT Bureau
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BASF Extends its Commercial Supplier Agreement with Mercedes Benz
March 24, 2021
BASF signed a contract with Mercedes-Benz in the Asia Pacific (APAC) region that extends its commercially approved supplier status with the car company to Australia, Japan, Malaysia, South Korea, Taiwan and Thailand. The agreement includes Glasurit and R-
MT Bureau
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LANXESS Hikes Compound Price
March 24, 2021
LANXESS announced a rise in prices for its engineering plastics due to increased cost for raw materials, logistics, and energy. The price hike will come into effect immediately for new orders or as the contract allows for old orders. The change will affe
MT Bureau
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Renault To Offer Electric Trucks For Each Market From 2023
March 24, 2021
Volvo Group’s subsidiary- Renault Trucks announced an all-electric truck will be available for each segment, namely distribution, construction and long-distance from 2023.
MT Bureau
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Piaggio Displays Ape' Electrik at Smart Cities India 2021 Expo
March 24, 2021
India's leading small commercial vehicle manufacturer Piaggio Vehicles showcased its Ape’ Electrik, electric version of its three wheeler at the 6th Smart Cities India 2021 Expo at Pragati Maidan. Named the Ape' Electrik, the three-wheeler is available
MT Bureau
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Steelbird Opens Helmet Shoppe in Ranchi, Jharkhand
March 23, 2021
Steelbird, Asia’s largest ISI helmet manufacturer, is on an expansion spree setting up Ranchi, Jharkhand shop. Spread over 300 sq. ft, the Steelbird Helmet Shoppe offers a wide selection of ISI certified helmets and riding gears. Stellbird aims to impro
MT Bureau