Browsing: News

India has seen a rise in ownership of cars in the past decade and more cars means more traffic on the road and more honking. As a result, horn failures have become more common, sparking an increased demand for high-quality OEM spec horns. Customers often face a choice between expensive replacement horns from the manufacturer’s service center or opting for aftermarket alternatives. However, aftermarket options may compromise quality, durability, and safety standards compared to the original part.

Read More

The Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry today announced the findings of its Industry Performance Review for the fiscal year 2023-24. The turnover of the automotive component industry stood at Rs. 6.14 lakh crore (USD 74.1 billion) for the period April 2023 to March 2024, registering a growth of 9.8% over the previous year.

Read More

Hyundai Motor India Limited (HMIL) has signed an MoU with CHARGE ZONE to bolster HMIL’s EV roadmap in alignment with the Government of India’s EV adoption strategies. CHARGE ZONE will install DC 60 kW fast chargers across 100 HMIL dealerships in India. The MoU was signed by Jae Wan Ryu, Function Head – Corporate Planning at HMIL, and Kartikey Hariyani, Founder & CEO of CHARGE ZONE, at HMIL’s headquarters in Gurugram, Haryana.

Read More

Mahindra Last Mile Mobility Limited (MLMML) has announced a strategic partnership with Ecofy. This collaboration aims to accelerate the adoption of electric three-wheelers in India, combining Mahindra’s manufacturing expertise with Ecofy’s innovative financing solutions. Suman Mishra, MD & CEO of MLMML, emphasized the partnership’s role in making green mobility accessible and affordable, supporting micro-entrepreneurs with tailored finance solutions.

Read More