Author: futuremobilitymedia

Toyota Motor North America (TMNA) announced executive leadership changes as David Wilson, group vice president and president of TRD, U.S.A. (Toyota Racing Development), will retire on December 16 after 35 years with the organization. General Manager Tyler Gibbs will succeed Wilson as president of TRD, a subsidiary of Toyota Motor North America (TMNA).

On August 8th, 2024, TUV Rheinland and the International Centre for Automotive Technology (ICAT) Manesar signed an MoU to collaborate on cutting-edge automotive technologies.

Maruti Suzuki India Limited, India’s leading automobile manufacturing company, today commenced export of its ‘Made-in-India’ SUV Fronx to Japan. Fronx will be the first SUV from Maruti Suzuki to launch in Japan. The landmark milestone celebrates the spirit of ‘Make in India’ initiative and echoes national pride.

Euler Motors unveiled its commercial EV manufacturing and R&D facility in the industrial hub of Palwal, Haryana. Spanning 5 lakh sq. ft., the plant has a production capacity of 36,000 vehicles annually. Built with an investment of Rs 100 crore, the factory will serve as Euler Motors’ national manufacturing hub, catering to the rising demand for its 3W HiLoad EV from across the country. as the company plans to expand its footprint from 26 to 40 cities by FY25.

EV subscription company, announces it is pivoting from vehicle subscriptions to launch a new SaaS business, Autonomy Data Services (ADS), in partnership with Deloitte. ADS has secured $2.5 million in new funding and completed a $32 million debt-for-equity swap, along with acquiring all subscription-related technology and intellectual property.

Ather Energy, a prominent name in the Indian electric two-wheeler industry, has successfully raised $71 million (INR 600 crore) from its long-time investor, the National Investment and Infrastructure Fund (NIIF). This investment values the company at $1.3 billion.

Kinetic Green, a leading Indian manufacturer of Electric Vehicles (“EV”), announced that it has secured a US$25 million investment from Greater Pacific Capital (“GPC”), a leading global private equity firm, as part of an overall targeted Series A fundraise of up to US$40 million.

Royal Enfield is all set to launch an updated version of its Classic 350 for the Indian market, bringing a significant refresh to the popular model since its last major update in 2021.

For nearly seven years, the teams have collaborated on research to make driving safer. The experiments automate a motorsports maneuver called “drifting,” where a driver precisely controls a vehicle’s direction after breaking traction by spinning the rear tires—a skill transferable to recovering from a slide on snow or ice. By adding a second car drifting in tandem, the teams have now more closely simulated dynamic conditions where cars must respond quickly to other vehicles, pedestrians, and cyclists.  

The International Centre for Genetic Engineering and Biotechnology (ICGEB) celebrated World Biofuel Day with a special event aimed at showcasing the advancements in biofuels and carbon capture technologies today at its  New Delhi campus.