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    Does the acquisition of Arm give NVIDIA the keys to autonomous driving?
    US-based NVIDIA’s announced agreement to acquire UK-based Arm from SoftBank is a significant development for automotive electronics. Arm brings CPU intellectual property (IP) expertise that has enabled low-powered, embedded solutions, and NVIDIA’s graphics processing unit (GPU) IP expertise has ...
    Mainland China’s mobility service market to drive demand for autonomous driving technology
    Since the first autonomous car competition organized by the US Department of Advanced Research Project Agency (DARPA) in 2004, the United States has been at the center stage of autonomous driving. Alphabet’s Google Self-Driving Car Project, which later became an independent company called Waymo, w...
    14-Aug-2020 Insights Technology Trends Pinned
    Mercedes-Benz recalls 956 vehicles in Australia over issue with engine control unit
    Mercedes-Benz has issued a recall of 956 vehicles in Australia over an issue with the engine control unit (ECU), according to a recall notice on the Australian Competition and Commission (ACCC) website on 13 September. The recall affects certain model year (MY) 2015–18 Mercedes-Benz AMG GT, A...
    16-Sep-2020 News Recalls
    Dana to open e-drive components facility in Pune, India, this year
    American automotive powertrain components supplier Dana has announced that it will open a new manufacturing facility for e-drive components in the city of Pune in India. According to a press release issued by Dana on 10 September, the company stated that the 4,600-square-meter (approximate...
    11-Sep-2020 News Investments
    Mahindra Electric Mobility launches ‘MESMA 48’ platform globally
    Indian automaker Mahindra and Mahindra's electric vehicle (EV) arm Mahindra Electric Mobility has launched its ‘Mahindra Electric Scalable and Modular Architecture 48 (MESMA 48)’ EV platform globally, the company announced in a press release on 9 September. “Our goal with EVs is to revolutioni...
    10-Sep-2020 News New Products
    Thailand’s Provincial Electricity Authority to further develop quick charging outlets for EVs
    Thailand’s Provincial Electricity Authority (PEA), a state power distribution arm, announced plans to develop quick electric vehicle (EV) charging outlets, according to a report by Bangkok Post on 9 September. The move is part of a larger announcement by PEA regarding a five-year capital spending ...
    Mitsubishi launches Outlander PHEV in Philippines with advanced connectivity and safety technologies
    Mitsubishi has launched the Outlander plug-in hybrid electric vehicle (PHEV) in Philippines with an 8-inch Smartphone-Link Display Audio (SDA) system and advanced safety systems, the automaker said in a press release on 5 September. The SDA is compatible with Android Auto and passengers can connect ...
    Mahindra Electric in talks with global automakers to supply EV components
    Mahindra Electric Mobility, the electric vehicle (EV) subsidiary of Mahindra and Mahindra, is in talks with global automakers to supply EV components, Live Mint reported on 7 September. According to the report, the company is in touch with around five to six global vehicle manufacturers for supply o...
    India-based EV fleet startup BluSmart raises around USD7 million in funding
    India-based electric vehicle (EV) ride-hailing startup BluSmart has raised INR510,000,000 (around USD7 million) in pre-series A funding, Autocar Professional reported on 7 September. The investors included Inflection Point Ventures, Venture Catalysts, Survam Partners, Mumbai Angels, Chhatisgarh Inve...
    Mitsubishi launches Outlander PHEV in the Philippines
    Mitsubishi Motors Philippines Corporation has officially launched the Mitsubishi Outlander plug-in hybrid (PHEV) in the Philippines. According to a press release from Mitsubishi Motors on 5 September, the company will initially start sales in the country via the Peak Motors Philippines Inc. (PMPI) d...
    08-Sep-2020 News New Products
    Singapore-based SP Group invests in EV charging company The Mobility House (TMH)
    Energy utility company SP Group has announced a strategic investment in The Mobility House AG (TMH) to explore smart charging and vehicle-to-grid (V2G) feasibility in Singapore, TMH said in a press release on 3 September. “V2G is the basis for the energy world of the future—and thanks to our ...
    07-Sep-2020 News Investments
    Indian government plans to install EV charging kiosk at 69,000 petrol pumps
    The Indian government is mulling setting up at least one EV charging kiosk each at nearly 69,000 petrol pumps across the country to push EV adoption in the country, according to a report by Bloomberg on 6 September. In addition, the government is considering making it compulsory to install EV c...
    EV battery startup Grinntech raises USD2 million in funding
    India-based lithium-ion (Li-ion) battery startup, Grinntech, has raised USD2 million in funding. According to a report filed by business news publication Business Line on 27 August, Grinntech, which is a seven-year-old startup established in Chennai, India, has secured this funding from four new inv...
    03-Sep-2020 News Investments
    INVESTMENT: Exide raises stake in EV battery JV with Leclanche in India
    Exide Industries has raised its stake in Exide Leclanche Energy Private Limited. Its electric vehicle (EV) battery joint venture (JV) with Leclanche in India, the company announced in a regulatory filing on Bombay Stock Exchange (BSE) on 31 August. Exide has invested INR331.7 million (USD4.5 million...
    02-Sep-2020 News Investments
    Tata Motors, Hyundai win tender to supply 250 EVs to the Indian government
    Tata Motors and Hyundai Motor have won tender to supply 250 electric vehicles (EVs) to the government floated by Energy Efficiency Services Ltd (EESL), according to a report by The Economic Times on 31 August. Tata Motors will supply 150 Nexon EVs, while Hyundai will supply 100 units of its Kona ele...
    Kia recalls 2,241 vehicles in Australia over a battery terminal issue
    Kia is recalling 2,241 vehicles in Australia over battery terminal issue, according to a recall notice on the Australian Competition & Consumer Commission (ACCC) website on 30 August. The recall affects certain model year (MY) 2020 Kia YP Carnival vehicles. Significance: In the subject vehicl...
    31-Aug-2020 News Recalls
    Tata Motors delivers Tigor EVs to Ministry of AYUSH in India
    Tata Motors has delivered the first batch of its Tigor electric vehicle (EV) to the government ministry charged with developing indigenous alternative medicine systems (AYUSH), the automaker announced in a press release on 26 August. As part of its tender with the Indian government's energ...
    Startup Magenta Power partners with Microsoft for developing EV charging software
    India-based startup Magenta Power has been selected by Microsoft under the startup support program for developing electric vehicle (EV) charging software, ETAuto reported on 26 August. Magenta Power will use support from Microsoft to further develop its software for ChargeGrid EV charging stati...
    Hexagon to supply hydrogen tanks to automaker in Northeast Asia for fuel cell SUV
    In a press release dated 20 August, Hexagon Composites announced that it will supply composite hydrogen cylinders to an automaker in Northeast Asia. The tank will be equipped in the automaker’s current zero-emission fuel cell electric sport utility vehicle (SUV). The cylinders will be installed in...
    EV startup EVage raises investment to launch electric delivery van
    India-based startup EVage has raised undisclosed funding to launch its first electric delivery van in the country, The Economic Times reported on 25 August. The funding round was led by mobility veteran, Ola Electric cofounder and senior advisor Anand Shah along with BryAir director Varun Pahwa...
    Lumen Freedom supplies wireless EV charging system to McLaren for Speedtail Hyper-GT
    Lumen Freedom, a manufacturer of Wireless Electric Vehicle Charging (WEVC) systems, is supplying its WEVC system to McLaren Automotive for the Speedtail Hyper-GT, the company announced in a press release on 25 August. Significance: The company’s WEVC provides hands-free, efficient, clean, and u...
    India-based Epsilon Carbon to produce carbon products for anode components of lithium-ion batteries
    Epsilon Carbon is set to develop and produce high performance carbon products for anode components of lithium-ion (Li-ion) batteries, the company announced in a press release on 24 August. Epsilon Advanced Materials has commissioned production in India to produce 5,000 tonnes of anode material annua...
    25-Aug-2020 News Investments
    India’s IIT Bombay, Shiv Nadar University develop Lithium-Sulphur battery technology
    India-based educational institution, Shiv Nadar University, has announced a key breakthrough in lithium-sulphur (Li-S) battery technology. According to a report filed by motoring publication Autocar Professional on 24 August, this research will support the development of cost-effective, compact, ene...
    25-Aug-2020 News New Products
    Indian tiremaker CEAT’s Q1 revenue down 36% y/y to USD148.6 million
    Indian tiremaker CEAT’s net sales declined 36% year on year (y/y) to INR11.2 billion (USD148.6 million) in the first quarter ended 30 June 2020, according to a regulatory filing with Bombay Stock Exchange (BSE) on 29 July. Net loss for the quarter amounted to INR347.6 million compared with a net p...
    Thailand aims to have 1.2 million EVs on road by 2030
    Thailand aims to have 1.2 million electric vehicles (EVs) on road by 2030, according to a report by Xinhua Net on 25 August citing the country’s Ministry of Energy. "We have set a goal to have 1.2 million EV cars by 2030, and we are already building facilities such as charging stations, electric s...
    Mercedes-Benz recalls 4,227 A-Class in Australia over issue with air conditioning system
    Mercedes-Benz has issued a recall of 4,227 vehicles in Australia over an issue with air conditioning (AC) system, according to a recall notice on the Australian Competition and Commission (ACCC) website on 19 August. The recall affects certain model year (MY) 2018–19 Mercedes-Benz A Class passenge...
    25-Aug-2020 News Recalls
    Indian government holds discussion with automotive industry representatives to boost localization
    The Indian government held discussion with various automotive industry representatives to discuss ways to reduce imports in the automobile industry and increase localization of auto components, according to a report by The Economic Times on 22 August. The meeting focused on the possibilities of incr...
    Yokohama doubles manufacturing capacity at Indian plant
    Yokohama India, a wholly-owned subsidiary of Japan-based Yokohama Rubber, has more than doubled the manufacturing capacity at its Indian plant in Bahadurgarh, Haryana, according to a report by Autocar Professional on 10 August. The company has begun commercial production at its Bahadurgarh plant in ...
    24-Aug-2020 News Investments
    Maruti Suzuki teams up with IIM Bangalore to incubate mobility startups
    Maruti Suzuki India Limited has partnered with Nadathur S. Raghavan Centre for Entrepreneurial Learning (NSRCEL), the startup hub and incubation center at the Indian Institute of Management, Bangalore (IIMB) incubate startups in the area of mobility, the automaker said in a press release on 20 Augus...
    Apollo Tyres’ Q1 sales down 33.7% y/y to USD375.2 million
    Indian tiremaker Apollo Tyres has reported a 33.7% year-on-year (y/y) decline in sales to INR28.2 billion (USD375.2 million) for the first quarter ended 30 June 2020, according to a regulatory filing by the company on 5 August. The company posted loss before taxes of INR1.6 billion compared with pro...
    India-based startup EVage introduces 'Exoskeleton Structures' for EVs
    India-based startup EVage has introduced a new 'Exoskeleton Structures' for electric vehicles (EVs), the company announced in a press release on 17 August. The exoskeleton structure will provide a common platform for launch of  sport utility vehicles (SUVs), vans, delivery vehicles, and trucks....
    20-Aug-2020 News New Products
    Indian auto component industry’s turnover in FY 2019/20 declines 11.7% y/y to USD49.2 billion
    The turnover of the Indian auto component industry declined 11.7% year-over-year (y/y) to INR 3.49 trillion (USD49.2 billion) in financial year ended 31 March 2020, according to a press release by the Automotive Components Manufacturers Association of India (ACMA) on 19 August. According to the asso...
    Varroc’s Q2 revenue falls 55.5% y/y to USD169.1 million
    Varroc Engineering has reported a decline of 55.5% year on year (y/y) in revenue from operations to INR12.7 billion (USD169.1 million) for the first quarter ended 30 June 2020, according to a regulatory filing on 14 August. Net loss for the quarter stood at INR2.9 billion compared with net profit of...
    Tritium launches new DC fast charger for EVs
    Tritium has launched a new DC fast charger for electric vehicles (EV), according to a company press release on 19 August 2020. The company claims that its new RT175-S smart charging system powers EVs to an 80% charge in 15 minutes on average. The RT175-S is easy to install, boasts a power efficiency...
    19-Aug-2020 News New Products
    Okaya to provide charging stations for Prakriti E-Mobility’s EV fleet in India
    Okaya Power Group, a provider of electric vehicle (EV) charging stations in India, has entered into a partnership with Prakriti E-Mobility to provide charging stations for the latter’s fleet operations, according to a report by Press Trust of India on 18 August. Significance: Okaya has deployed...
    Volvo recalls 24,977 vehicles in Australia over seatbelt issue
    Volvo is recalling 24,977 vehicles in Australia over seatbelt issue, according to a recall notice on the ACCC website on 12 August. The recall affects certain model year (MY) 2007–18 Volvo S60, S80, V60, V60 Cross Country, V70, XC60, and XC70 vehicles. Significance: In the subject vehicles, the...
    19-Aug-2020 News Recalls
    Australian company Jemena signs new deal with Hyundai for supplying hydrogen gas
    Australian Company Jemena has signed a deal with Hyundai for supplying hydrogen gas for hydrogen vehicle refuelling, the company announced in a press release on 10 August. Jemena has committed, through a Memorandum of Understanding (MOU) with Hyundai Australia and Coregas, to produce and deliver hyd...
    Volvo recalls 1,409 vehicles in Australia over issue with cooling system
    Volvo is recalling 1,409 vehicles in Australia over an issue with cooling system, according to a recall notice on the ACCC website on 16 August. The recall affects certain model year (MY) 2014–17 Volvo S60, V60, XC60, V40, and V40CC vehicles equipped with a 4-cylinder diesel engine. Signif...
    18-Aug-2020 News Recalls
    CEAT Tyres supplies OE tires for Mahindra’s new Thar SUV
    India-based CEAT Tyres is supplying tires as original equipment (OE) fitment for Mahindra’s all-new Thar, which was revealed earlier this week, Autocar Professional reported on 15 August. The new Thar, which goes on sale from 2 October, will be equipped with Czar AT tires from CEAT. The company wi...
    Lumax Industries’ Q1 revenues decline 80.6% y/y to USD10.3 million
    Lumax Industries has reported an 80.6% year-on-year (y/y) decline in revenue from operations to INR780 million (USD10.3 million) for the first quarter ended 30 June 2020, according to a company press release on 12 August. Loss before tax for the period was INR534.7 million, compared with profit befo...
    Lexus participates in on-road connected vehicle project for safety in Australia
    Lexus Australia will participate in an on-road connected-vehicle project in Australia aimed at eliminating crashes or mitigating their effects, the automaker said in a press release on 7 August. It will be part of the Ipswich Connected Vehicle Pilot project in Queensland which will use Dedicated Sho...
    Tata Motors recalls Zest, Tiago hatchbacks in India over potential emission issue
    Tata Motors has issued a recall program for its hatchbacks Tiago and Zest in India over potential emission compliance issue, ET Auto reported on 10 August. The recall campaign affects the Zest AMT and Tiago 1.05 RTQ BS-IV variants. The number of affected vehicles was not disclosed by the automa...
    11-Aug-2020 News Recalls
    POLICY: India’s capital city Delhi announces new EV policy
    India’s capital city Delhi has announced a new electric vehicle (EV) policy to boost demand for EVs in the region, The Economic Times reported on 7 August. The three-year policy aims to have 25% of the new vehicles registered in Delhi to be EVs by 2024. Under the policy, EV buyers will get purchas...
    Kia unveils Sonet compact SUV in India with 57 UVO Connect features
    Kia Motors has unveiled the Sonet compact SUV in India with 57 UVO Connect features, the carmaker said in a press release on 7 August. The Sonet includes the UVO Voice Assist feature which is activated by the command ‘Hello, Kia’. The voice-recognition technology can be used to make phone cal...
    10-Aug-2020 News New Products
    COVID-19 pandemic: ROHM Electronics operating at 50% capacity in Philippines
    ROHM’s unit ROHM Electronics Philippines is operating at a maximum rate of 50%, the company said in a press release on 5 August. ROHM said that the Philippine government put Metro Manila and neighboring provinces under modified enhanced community quarantine (MECQ) beginning 4 August ...
    06-Aug-2020 News COVID-19
    Bureau Veritas to host two C-V2X Plugfests in America and Asia in October
    Bureau Veritas will host two cellular vehicle-to-everything (C-V2X) Plugfests in America and Asia in October, the company said in a press release on 3 August. The events, in Seoul, South Korea, between 5–8 October and in Detroit, US, between 12–16 October, will be a part of OmniAir's w...
    EESL, Noida Authority enters agreement to promote EV charging stations in India
    Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, government of India, has signed an agreement with the New Okhla Industrial Development Authority (NOIDA) to promote adoption of electric vehicles (EV) and installation of public EV charging stations and r...
    Mercedes-Benz recalls 3,115 vehicles in Australia over issue with seat belt buckle housings
    Mercedes-Benz has issued a recall of 3,115 vehicles in Australia over an issue with its seat belt buckle housings, according to a recall notice on the Australian Competition and Commission (ACCC) website on 28 July. The recall affects certain model year (MY) 2018–19 Mercedes-Benz C, CLS, E, and GL...
    30-Jul-2020 News Recalls
    Mitsubishi Motors recalls 1,948 vehicles in Australia over seatbelt issue
    Mitsubishi Motors is recalling 1,948 vehicles in Australia over seatbelt issue, according to a recall notice on the Australian Competition and Consumer Commission (ACCC) website on 14 July. The affected models include model year (MY) 2020 Mitsubishi Outlander and Outlander plug-in hybrid electric ve...
    27-Jul-2020 News Recalls
    Honda recalls nearly 22,000 vehicles in Australia over fuel pump issue
    Honda is recalling 22,366 vehicles in Australia over issue with fuel pump assembly, according to a report by The West Australian newspaper citing a recall notice on the Australian Competition and Consumer Commission (ACCC) website. The affected models include model year (MY) 2018 Accord, MY 2019 Cit...
    20-Jul-2020 News Recalls
    Spark Minda’s FY 2019/20 sales down 9% y/y to USD373.8 million
    Spark Minda has reported a 9% year-on-year (y/y) decline in sales to INR28.13 billion (USD373.8 million) for the fiscal year ended 31 March 2020, according to a regulatory filing by the company on 16 July. Net loss for the fiscal year was INR1.9 billion, compared with a net profit of INR1.6 billion ...
    Maruti Suzuki to recall 134,885 vehicles in India over issue with fuel pump
    Maruti Suzuki is recalling 134,885 vehicles in India over an issue with fuel pump, according to a report by Autocar Professional on 15 July. The recall covers Wagon R (1-litre) manufactured between 15 November 2018 and 15 October 2019 and Baleno (petrol) manufactured between 8 January 2019 and 4 Nov...
    16-Jul-2020 News Recalls
    INTERVIEW: OEMs globally are moving up the lighting value chain, says Varroc’s Arjun Jain
    Varroc is a global tier-1 automotive component group offering a range of exterior lighting systems, plastic and polymer components, electrical-electronics components, and precision metallic components for passenger cars. In an interview with IHS Markit, Arjun Jain, president, Electrical-Electronics ...
    15-Jul-2020 News Interviews
    COVID-19 pandemic: Spark Minda says Q1 profitability is expected to be impacted
    Spark Minda said in a regulatory filing on 14 July that the company expects its first quarter 2021 profitability to be impacted due to the COVID-19 pandemic. The company also expects profitability for the fourth quarter of fiscal year (FY) 2020/21 to be impacted; however, the details of the sam...
    JOINT VENTURE: Hyundai Transys, APM Automotive form JV to produce car seats in Indonesia
    Hyundai Transys, a Hyundai Motor Group (HMG) company, has formed a joint venture (JV) with Malaysian auto parts supplier APM Automotive Holdings Berhad to produce and supply car seats and related components Kota Deltamas industrial complex in Cikarang, Western Java, Indonesia, the South Korean autom...
    All future models in India will feature UVO Connect, says Kia
    Kia will launch all future models in India with connectivity features in the form of UVO Connect, Vivek Goswami, general manager of product planning at Kia Motors India told Autocar India last week.  “Our intention is to offer this feature (UVO Connect) on all the cars which we bring in this ...
    Lumax Auto plans USD9.3 million capex in FY 2020/21
    Lumax Auto Technologies plans to spend approximately INR700 million (USD9.3 million) in capex in fiscal year  (FY) 2020/21, according to an investor call on 9 July. Of this, around INR500 million would be spent on new product lines including urea tank and the oxygen sensors, and the remaining a...
    Nissan trials V2G technology in Australia
    Nissan, along with the Australian government, is set to start trials of vehicle-to-grid (V2G) technology in Australia, the company announced in a press release on 8 July. Under the trial, 51 Nissan LEAF EVs deployed across Australia. They will form part of the ACT Government fleet, and will provide ...
    COVID-19 pandemic: JTEKT India expects business to normalize in second half of FY 2021
    Automotive components supplier JTEKT India has announced that it expects the current business scenario to normalize during the second half of the 2021 fiscal year. In a notice filed by the company to the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on 29 June, JTEKT India stated...
    10-Jul-2020 News COVID-19
    Indian startup BrightBlu receives investment for EV charging solutions
    India-based electric vehicle (EV) charging startup BrightBlu has received investment from Sytse Zuidema, former CEO of European EV charge point operator NewMotion, according to a company press release on 7 July. Zuidema now becomes a new shareholder and director on the board of BrightBlu. “His ...
    COVID-19 pandemic: Igarashi Motors resumes operations at Chennai plant in India
    On 6 July, Igarashi Motors India Limited resumed operation at its Chennai plant in Tamil Nadu, India, with reduced manpower, the company said in a regulatory filing on 6 July. “The Management Taskforce of the Company has taken all measures to comply with the COVID Guidelines relating to safety, he...
    07-Jul-2020 News COVID-19
    Hyundai equips Venue compact SUV in India with intelligent manual transmission
    Hyundai Motor India Ltd. (HMIL) has introduced the intelligent Manual Transmission (iMT) technology in India. Venue compact sport utility vehicle (SUV) is the first vehicle from the company to offer the new two-pedal clutch-less technology in India, the automaker announced in a press release on 3 Ju...
    07-Jul-2020 News New Products
    SPIN-OFF: Motherson Sumi Systems creates new subsidiary for wiring harness business in India
    Indian auto components major Motherson Sumi Systems Ltd. has incorporated on 2 July 2020 a wholly owned subsidiary called ‘Motherson Sumi Wiring India Limited (MSWIL),’ according to a filing with the Bombay Stock Exchange (BSE). The new subsidiary will be the transferee entity into which the dom...
    POLICY: Indian state Karnataka removes registration fee, stamp duty for EVs
    The Cabinet of India’s Karnataka State Government on 25 June decided to completely waive stamp duty and registration charges for the manufacture and sale of electric vehicles (EVs) in a bid to push EV adoption in the state, according to a report by Deccan Herald. Significance: The decision is i...
    MG Motor to support development of six startups in India
    MG Motor India has signed up six startups for its ongoing MG Developer Program and Grant, the Economic Times reported on 29 June. Highway Delite, Socialcore, InCabEx, CamCom, ClearQuote, and the Alexa-based project Meeseeks are the shortlisted startups. “Our goal is to indigenously develop a co...
    Rane Group’s FY 2020 revenue falls 17.4% y/y to USD589.7 million
    Rane Holdings Limited, the holding company of Rane Group, has reported a 17.4% year-on-year (y/y) decline in total net revenues to INR44.4 billion (about USD589.7 million) for the fiscal year ended 31 March 2020, according to a company press release on 24 June. EBITDA stood at INR3.5 billion, down 4...
    Motherson Sumi Systems to spin off Domestic Wiring Harness business into new entity
    The Board of Directors of Motherson Sumi Systems Limited (MSSL) approved 2 July a draft composite scheme of amalgamation and arrangement amongs MSSL, a new company which is in the process of being incorporated as a wholly owned subsidiary of MSSL (resulting company), and Samvardhana Motherson I...
    Varroc’s FY 2019/20 revenue down 7.5% y/y to USD1.5 billion
    Varroc Engineering has reported a decline of 7.5% year on year (y/y) in revenue from operations to INR111.2 billion (USD1.5 billion) for the fiscal year ended 31 March 2020, according to a regulatory filing on 25 June. Net profit for the year stood at INR1.91 million compared with net profit of INR4...
    M&A: Cooper Standard divests certain operations in Europe and India to Mutares SE & Co.
    In a press release dated 1 July, Cooper Standard has announced that it has completed divestments in European rubber fluid transfer and specialty sealing businesses, as well as its Indian operations, to Mutares SE & Co. KGaA. The transaction included approximately 2,500 employees and two manufact...
    India’s ACMA fears manufacturing disruption due to import clearance delays
    The Indian auto industry body, the Automotive Component Manufacturers Association of India (ACMA) has mentioned that all import consignments coming in from Mainland China are being subjected to complete manual inspection, which is leading to undue delays in customs clearance. In a report filed by...
    COVID-19 pandemic: PPAP Automotive resumes operations at Tamil Nadu plant in India
    PPAP Automotive Limited has resumed operations at its Tamil Nadu plant in India in compliance with directives issued by the central/state governments and local administration, the company said in a BSE filing on 1 July. Significance: PPAP had earlier suspended operations at its Tamil Nadu facilit...
    02-Jul-2020 News COVID-19
    Minda Industries’ FY 2019/20 revenues down 7.5% y/y to USD727.2 million
    Minda Industries, the flagship company of the Indian auto parts supplier Uno Minda Group, has reported a 7.5% year-on-year (y/y) decrease in revenue from operations to INR54.65 billion (USD727.2 million) for the fiscal year ended 31 March 2020, the company said in a regulatory filing on 29 June. The...
    Visteon supplies digital clusters for new Hyundai Creta SUV in India
    Visteon is supplying digital instrument cluster for the new Hyundai Creta SUV in India, Autocar Professional reported on 28 June. The new SUV features an optional 7.0-inch ‘Supervision Cluster’ that has a digital display with an inbuilt turn-by-turn navigation and display destination information...
    COVID-19 pandemic: Indian supplier industry aims to reduce dependence on mainland Chinese imports
    The Indian auto component industry is working on steps to reduce import dependence on China and focus more on localization, according to a report by Press Trust of India (PTI) citing industry body Automotive Component Manufacturers Association of India (ACMA). The domestic automotive industry is ...
    COVID-19 pandemic: Suprajit Engineering’s most plants in India are operating at limited capacity
    Suprajit Engineering has informed that most of its plants in India are operating at limited capacity, according to its regulatory filing on the Bombay Stock Exchange (BSE) on 12 June. The company said most of the plants have resumed operations with a very low level of production and reduced workforc...
    22-Jun-2020 News COVID-19
    COVID-19 pandemic: PPAP Automotive to suspend production at plant in Tamil Nadu, India
    India-based auto components manufacturer PPAP Automotive Limited has suspended operations at its Tamil Nadu facility from 19 June until 30 June due to lockdown announced by the state government to contain the spread of the COVID-19 pandemic, the company said in a regulatory filing on 19 June. Sig...
    22-Jun-2020 News COVID-19
    Honda recalls 55,354 vehicles in Malaysia over faulty fuel pump
    Honda is recalling 55,354 vehicles in Malaysia over faulty fuel pumps, according to a company press release on 18 June. The recall covers 298 units of the model year (MY) 2018 Accord sedan, 5,367 units of the MY 2018 BR-V sport utility vehicle (SUV), 9,122 units of the MY 2018 Civic sedan, 8,070 uni...
    22-Jun-2020 News Recalls
    Wheels India’s FY 2019/20 revenue down 22.3% y/y to USD355 million
    India-based Wheels India’s revenues declined by 22.3% year on year (y/y) to INR26.7 billion (around USD355 million) in the fiscal year ended 31 March 2020, the company said in a regulatory filing on 17 June. The company’s Automotive Components segment posted revenue of INR21.7 billion, down 30.6...
    Hyundai delivers 20 NEXO FCEVs to Australian government
    Hyundai Motor Company Australia (HMCA) has delivered the first 20 zero-emissions NEXO Hydrogen fuel-cell electric vehicles (FCEVs) to the Australian government, according to a press release on 18 June 2020. The FCEVs will be deployed by the ACT Government fleet from the third quarter 2020. The SUVs ...
    Lumax Industries’ FY 2019/20 revenue down 13.5% y/y to USD212.8 million
    Lumax Industries has reported a 13.5% year-on-year (y/y) decline in revenue from operations to INR16 billion (USD212.8 million) for the fiscal year ended 31 March 2020, according to a company regulatory filing on 18 June. Profit before tax for the period was also down by 31.6% y/y to INR917.3 millio...
    Sammitr Group gets approval to build BEVs in Thailand
    Sammitr Group has received approval to build battery electric vehicles (BEV) from the Board of Investment (BoI) in Thailand, Reuters reported on 17 June. As per the approval, Sammitr Group will invest TBH5.5 billion (USD182.9 million) to build 30,000 BEVs a year. Significance: In total, BoI has a...
    India places restriction on tire imports from mainland China
    The government of India has imposed restrictions on the import of several categories of tires in a bid to promote domestic manufacturing, according to a press release on the Directorate General of Foreign Trade (DGFT) website on 12 June. The government has put curbs on imports of certain new pn...
    COVID-19 pandemic: Motor supplier Igarashi to suspend operation at Chennai plant in India until 30 June
    Igarashi Motors India Limited has suspended operations at Chennai plant in India from 19 June until 30 June due to the ongoing COVID-19 pandemic, according to a regulatory filing by the company on 17 June. Igarashi Motors India is mainly engaged in the production and export of permanent magnet DC mo...
    18-Jun-2020 News COVID-19
    WABCO India resumes manufacturing operations in limited capacity
    According to a notice provided by auto components manufacturer WABCO India to the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on 4 June, the company has restated production activities at its plants across India in a phased manner. The capacity enabled at the company’s plan...
    18-Jun-2020 News COVID-19
    COVID-19 pandemic: Latest lockdown in Tamil Nadu, India, could impact operations at some automakers, suppliers
    Tamil Nadu has announced an intense lockdown in Chennai and three neighboring districts Kanchipuram, Chengalpattu, and Tiruvallur for 12 days starting 19 June to curb the sharp increase in COVID-19 cases. The state government move is expected to adversely impact the manufacturing operation...
    17-Jun-2020 News COVID-19
    Australian EV startup H2X plans to introduce hydrogen fuel cell SUV and van in 2022
    New Australian electric vehicle (EV) startup H2X is planning to launch a hydrogen fuel cell sport utility vehicle (SUV) and van in 2022, the company announced in a press release on 12 June. The Snowy SUV is expected to have a range of 650 km, and a van with a range of 400–700 km. The vehicles will...
    16-Jun-2020 News New Products
    AuVitronics secures contract to supply absorber FR bumper to Toyota Motor Vietnam
    AuVitronics Limited has secured an order for supply of absorber FR bumper to Toyota Motor Vietnam, according to a report by MG Link News on 10 June. The said part will be installed on the rear side of the front bumper cover in the upcoming Corolla and approved after a rigorous process and stringent ...
    Porsche to launch all-electric Taycan in Australia in December 2020
    Porshce is planning to launch its all-electric sportscar Taycan in Australia in December 2020, the automaker announced in a press release earlier in June. Porsche has opened booking for Taycan 4S, Turbo, and Turbo S variants via Porsche Centers around Australia. “The highest compliment you can aff...
    15-Jun-2020 News New Products
    Malaysia’s MARii, MCE enter pact to develop component for connected and autonomous mobility
    The Malaysia Automotive Robotics and IoT Institute (MARii) and Multi-Code Electronics Industries (MCE) have signed a Memorandum of Understanding (MOU) for the development of key components for autonomous driving and connected mobility in Malaysia, MARii said in a press release last week. Under the M...
    15-Jun-2020 News New Products
    Motherson Sumi expects ‘tremendous amount of acquisition opportunity’ due to COVID-19 pandemic
    Motherson Sumi targets revenues of USD18 billion in the current fiscal year, after falling halfway short of the target it set five years ago for fiscal 2020, according to a report by ET Auto on 12 June. The company is aiming for doubling revenues within a year owing to “tremendous amount of a...
    Audi launch e-tron models in Australia in September
    Audi is planning to launch its e-tron models, e-tron, and e-tron Sportback, in Australia in September this year, the company announced in a press release on 10 June. Audi will offer potentially six different variants from the outset, with two distinct batteries and two body styles, as well as two li...
    12-Jun-2020 News New Products
    Tata AutoComp join hands with Tellus Power Green to set up EV charging stations in India
    India-based auto component conglomerate Tata AutoComp Systems has signed a memorandum of understanding (MOU) with US-based DC charging infrastructure company Tellus Power Green for supply of AC and DC fast chargers for electric vehicles (EVs), Tata AutoComp said in a release on 11 June. The compa...
    Toyota recalls 1,552 vehicles in Australia over suspension issue
    Toyota has issued a recall of 1,552 vehicles in Australia over an issue with suspension issue, according to a recall notice on the Australian Competition and Commission (ACCC) website on 9 June. The recall affects 409 units of model years (MY) 2020 RAV4 (AXAH54), 416 units of RAV4 (AXAH52), 642 unit...
    10-Jun-2020 News Recalls
    COVID-19 pandemic: Minda's German subsidiary files for insolvency
    Minda Corp’s German subsidiary Minda KTSN Plastic Solutions GmbH (MKTSN) has filed for insolvency, the Indian supplier said in a regulatory filing on 9 June. “MKTSN has been operating in a challenging and competitive market in Europe. We truly left no stone unturned to improve the fortunes of...
    10-Jun-2020 News COVID-19
    Tata Power to deploy 50-kW DC superfast EV chargers at MG Motor dealership in India
    Tata Power has signed a memorandum of understanding (MOU) with MG Motor to deploy electric vehicle (EV) chargers at latter’s dealership in India, Tata Power said in a press release on 8 June. As part of the MOU, Tata Power will deploy 50-kW DC superfast chargers at select MG dealership locati...
    Steel Strips Wheel expects to reach 75% of pre-COVID-19 production levels by September
    India-based Steel Strips Wheel Ltd (SSWL) said in a regulatory filing on 8 June that all its plants are currently functional following lockdown relaxations and that the company expects to reach 75% of pre-COVID-19 levels of production by September this year. In addition, SSWL expects alloy wheel cap...
    09-Jun-2020 News COVID-19
    COVID-19 pandemic: Lumax says profitability for Q4 2020 and Q1 2021 likely to be adversely impacted
    Indian auto parts supplier Lumax Industries said in a regulatory filing on 1 June that the company expects the profitability for the fourth quarter of 2020 and the first quarter of 2021 likely to be adversely impacted due to the ongoing COVID-19 pandemic. Significance: The company informed that d...
    09-Jun-2020 News COVID-19
    EESL plans to install 2,000 EV chargers in India in FY2020–21
    Energy Efficiency Services Limited (EESL) is planning to install around 2,000 electric vehicle (EV) chargers in India during the current fiscal year (FY) 2020/21, news agency Indo-Asian News Service reported on 6 June. Nearly 500 of these will be installed in the Delhi-National Capital Region (...
    New South Wales to triple annual procurement of electrified vehicles
    The New South Wales (NSW) government in Australia is planning to triple the annual procurement of electrified vehicles by 2023, news website The Driven reported on 2 June, citing a spokesperson from the Department of Planning, Industry and Environment. The NSW government has set a 30% procurement ta...
    Bosch creates new subsidiary in India for automotive business
    Bosch has created a new wholly owned subsidiary in India for automotive business, according to a regulatory filing by the company on 1 June. The company has incorporated “Robert Bosch India Manufacturing and Technology Private Limited” on 31 May 2020. Significance: Bosch continues to inv...
    Bosch plans new plant in Malaysia for semiconductor components and sensor testing
    Bosch is looking to build a semiconductor components manufacturing and sensor testing facility in Penang, Malaysia, New Strait Times reported on 3 June. The report added that construction of the plant at Batu Kawan Industrial Park is expected to start in 2021 with first-series production expected...
    MG Motor plans to increase investment in EV business in India from 2022
    MG Motor is planning to pump in additional investment into electric vehicle (EV) business in India from 2022, Live Mint reported on 3 June, citing Rajeev Chaba, president, MG Motor India. According to the report, MG Motor is considering launching a new, more affordable EV in India in 2022. This will...
    04-Jun-2020 News Investments
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