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Norton Motorcycles, under TVS Motor Company’s ownership, is gearing up for global expansion with a significant investment of £200 million. This investment will fund new product development, state-of-the-art facilities, and research, marking a new phase for Norton. The company plans to introduce six new models over the next three years, with a focus on the USA, Germany, France, Italy, and India.
Ashok Leyland has bagged the single largest fully built bus order from the Maharashtra State Road Transport Corporation (MSRTC) for 2104 units of Viking passenger buses. These modern, fully built buses will be fully compliant with the latest CMVR standards, will feature an AIS 153 compliant body, and will have the proven iGEN6 BS VI OBD II technology with 197 HP H-Series Engine, and Rear Air Suspension, among other significant features. These buses will be manufactured at Ashok Leyland’s exclusive bus body plants with state-of-the-art technology and will offer enhanced safety, improved comfort, and a lower total cost of ownership for MSRTC.
Altair has signed an MoU with the Automotive Research Association of India (ARAI) to foster technology and digital transformation in the automotive and heavy engineering sectors. This collaboration will leverage digital twin technology, data-driven design, and AI-powered engineering solutions to drive innovation and sustainability. Both organisations will work together to enhance digital transformation and product development.
Continental Tires has expanded its retail presence in India by opening a new store in Kalyan Nagar, Bengaluru. This state-of-the-art 4,000-square-foot facility is set to redefine the automotive retail experience, offering a comprehensive range of cutting-edge products and services.
YS Chakravarti, MD & CEO of Shriram Finance Ltd. speaking about the June 2024 Mobility Bulletin said, “With the new government in place and with monsoon rain expected to gain strength, businesses are hopeful that policy action from the government will help push economic activity into a higher orbit. The slowdown across sectors including road transport, vehicle sales appears temporary.”
Gaurav Gupta, Chief Growth Officer at JSW MG Motor India, emphasized their commitment to enhancing the EV ownership experience and accelerating EV adoption. The partnership aims to make EV fast charging more convenient and accessible, facilitating hassle-free long-distance journeys.
As part of the EV4ECO scheme for the electric mobility ecosystem, the Small Industries Development Bank of India (SIDBI), the…
Ashok Leyland in partnership with Hinduja Leyland Finance, extended the corporate social responsibility program, ‘Road to School’, to 352 schools in Erode, Salem and Dharmapuri Districts of Tamil Nadu.
“People know Luminar for pioneering LiDAR systems for global production vehicles, but since 2017 we have also been building next-generation AI-based software for improved safety and autonomy,” said Austin Russell, Founder and CEO of Luminar.
“By expanding on our wildly popular Southwest Prime microtransit service, we will stay on the cutting edge and ensure that we can provide a premium transit service for years to come,” said Erik Hansen, CEO of SouthWest Transit.