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Hinduja Tech Limited has signed a definitive agreement to acquire TECOSIM Group, expanding its presence in European and international markets and solidifying its status as a leading provider of mobility engineering services. This acquisition will enhance Hinduja Tech’s global delivery capabilities and provide a nearshore delivery offering for European customers. TECOSIM, with over 650 employees, brings extensive expertise and innovative solutions, strengthening Hinduja Tech’s market reach and service offerings. The deal is expected to close in the coming months, pending regulatory approvals.

Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, together with ITD Industries, opened the first commercial hydrogen refueling station for the heavy-duty transportation sector in Ontario. The station, located at ITD Industries’ headquarters in Etobicoke, ON, is situated at 161 The Westmall, a pivotal location near Highway 401, Highway 427, and the Queen Elizabeth Highway (QEW).

According to the news report from the technology-focused media DIGITIMES Asia, supply chain sources noted that Nvidia collaborates with numerous Tier 1 suppliers and automakers, continuously adjusting and enhancing its platform based on customer feedback and demands. Unlike Tesla, which focuses primarily on cameras, Nvidia’s platform is compatible with various sensory components and systems. Nvidia also has ample computational resources at its disposal, ready to capitalize on the autonomous driving boom whenever it occurs.

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.

With great pleasure, we present Future Mobility Magazine (FMM), your one-stop shop for everything futuristic about transportation! With the fast-changing nature of transport, FMM seeks to offer an exhaustive coverage of the state of mobility. We’ll examine cutting-edge innovations like connected, autonomous, and AI-powered mobility, and strive to get a glimpse of how consumer behaviour is changing, and offer in-depth analyses of market trends and investment prospects. Anticipate coverage of the newest legislation and regulations, in-depth interviews and profiles of influential people, and developments in intelligent and sustainable mobility solutions.

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.

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.

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.

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.