Day: June 19, 2020

Top Five: Global EV Platforms

The prevalent world wide platform technique is almost nothing new. Carmakers have sought to cut development and development fees by applying the same kit of pieces to create a vary of different designs for decades. Nonetheless, with the EV revolution arrives the chance to additional hone development.

And which is superior news much too – with battery selling prices even now representing a major chunk of the automobile charge, getting other ways to trim expense is essential to hold EVs economical and interesting to finish individuals.

For our most recent Best 5, we have been getting a look at 5

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Truckmakers look for new export markets to sell BS-VI range, Auto News, ET Auto

Daimler India Commercial Vehicles have already started shipments for some markets.
Daimler India Professional Cars have presently started shipments for some markets.

Chennai: Truck exports have develop into crucial presented the sharp drop in income in the domestic sector owing to the slowdown and the demand disruption brought about by the Covid pandemic. At this time for Ashok Leyland core export markets incorporates Center East, and Africa.

“Our initial aim will be on non-emissioned markets where present platforms will enjoy but our new range will give us the potential to tap other global emissioned markets as very well,” mentioned Vipin Sondhi, MD of the enterprise. One of the new markets the

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Hero Chairman Pawan Munjal invests in car service startup GoMechanic, Auto News, ET Auto

 Chairman and CEO of Hero MotoCorp Pawan Munjal had also invested about $1 million in Ola Electric Mobility through his family trust in March this year.
Chairman and CEO of Hero MotoCorp Pawan Munjal experienced also invested about $one million in Ola Electric powered Mobility through his loved ones belief in March this year.

New Delhi: Auto fix and provider resolution startup GoMechanic has elevated an undisclosed amount of expenditure from Pawan Munjal, Chairman, MD & CEO, Hero MotoCorp.

According to GoMechanic, this will come in addition to the Collection B round of institutional funding received by them. It will be utilized to bolster its engineering stack, fuel geographical growth, streamline spare elements procurement and amplify brand advertising.

The startup experienced before elevated Rs a hundred

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M&M eyes PE funding for EV business, Auto News, ET Auto

With the pandemic having caused havoc, especially in the automotive industry, M&M feels it better to stay fully invested in its electric vehicle business rather than ceding space to a new player, especially as the government remains bullish on this sector.
With the pandemic possessing triggered havoc, especially in the automotive market, M&M feels it greater to keep completely invested in its electric powered automobile organization alternatively than ceding space to a new player, especially as the governing administration continues to be bullish on this sector.

Mumbai: Mahindra & Mahindra is seeking to catch the attention of private equity (PE) funding for its decade-previous electric powered automobile organization. This is aspect of the company’s newly-declared tactic of seeking at less enterprises which would be lucrative in the prolonged operate.

It marks a sharp shift in the company’s tactic provided that just

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After Maruti and Hyundai, Toyota Kirloskar Motor employees test Covid-19 positive, Auto News, ET Auto

According to the auto major, the two employees had attended work on June 7 and 16 respectively. (Representational image)
According to the vehicle big, the two employees experienced attended operate on June seven and sixteen respectively. (Representational impression)

Bengaluru: Two employees at a plant of Toyota Kirloskar Motor in Karnataka’s Bidadi have analyzed beneficial for COVID-19, the automobile company has educated.

According to the vehicle big, the two employees experienced attended operate on June seven and sixteen respectively.

Beforehand, employees of Maruti Suzuki and Hyundai far too have been detected with Coronavirus an infection.

“As a initially phase and via proper get in touch with tracing, TKM has begun identifying all individuals employees who may well have experienced major

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