-
Hino, REE Pair Up For Next-Gen Commercial Vehicle Innovation
April 28, 2021
Hino Motors, a subsidiary of Toyota Motor Corporation, and REE Automotive, an e-mobility company, have announced a business collaboration for innovation in the next-gen commercial vehicle market.
-
Freudenberg’s Sales, Profit Dip in 2020
April 28, 2021
Global technology group Freudenberg reported a dip of 6.67 percent to INR 75,305 crore in sales in 2020. The company had reported sales of INR 80,646 crore in 2019. Profits from operations fell over 18 percent to INR 5,706 crore in 2020. Freudenberg’
-
Ford To Build New LCV In Romania In 2023
April 28, 2021
Ford announced a USD 300 million investment in its Craiova plant to build a new light commercial vehicle in 2023. The plan also includes an electric version which will debut in 2024. The investment is in line with Ford’s commitment to making its entire
-
Hero Lectro WINN Aims To Win The Last Mile Logistics Race
April 27, 2021
Hero Lectro today announced the launch of its first purpose-built cargo vehicle, the Hero Lectro WINN. This light-weight e-cycle with specially crafted storage and payload capacity is aimed at e-commerce companies and claims to address the issue of last m
-
Castrol India Announces Q1 2021 Reports
April 27, 2021
Castrol India Limited reported a strong financial delivery in Q1 2021 building on a hard-hitting second-half performance of FY 2020.
-
Elektrobit Celebrates 5 years In The Indian Automotive Software Market
April 27, 2021
Elektrobit (EB) has completed five years of service in India. The establishment contributes to product development and customer programs in the areas of highly automated driving, car connectivity and security, and user experience.
