-
Valeo Posts EUR 5.3 Billion In Q1 Sales, Reaffirms 2025 Targets Despite Global Headwinds
May 05, 2025
The company is targeting a 5 percent reduction in administrative and selling costs and a 15 percent cut in investments for property, plant, equipment and intangible assets in the first half of 2025 compared to the same period last year.
MT Bureau
-
Sundram Fasteners Reports Record Q4 And FY25 Results Driven By Export Growth And Domestic Demand
May 01, 2025
During the year, Sundram Fasteners incurred a CAPEX of INR 3.7 billion towards capacity expansion and new projects across internal combustion engine vehicles (ICE), plug-in hybrids and electric vehicles.
MT Bureau
-
UNO Minda Commits INR 4.23 Billion New Greenfield Plant For Manufacturing EV Powertrain For PVs & CVs
April 30, 2025
UNO Minda Auto Innovations, a subsidiary of the company, will execute the project, which subsequently will be converted into a joint venture company with Suzhou Inovance Automotive (Inovance Automotive).
MT Bureau
-
ZF To Launch Next-Generation Range Extender Technology In 2026
April 29, 2025
A range extender combines a combustion-powered generator with an electric motor, producing energy for the vehicle battery once its charge drops.
MT Bureau
-
Uno Minda Launches Projector Headlights For 7-Seater MPVs In Indian Aftermarket
April 26, 2025
The new headlights are designed to improve visibility and meet safety needs during night driving and adverse weather. They feature a hard-coated lens to prevent yellowing and damage and include Japanese optics with an integrated projector for better beam
MT Bureau
-
Hindalco Industries Delivers 10,000 Aluminium EV Battery Enclosures To Mahindra Group
April 25, 2025
Furthermore, the company unveiled its new INR 5 billion dedicated EV component manufacturing facility in Chakan, Pune, which marks Hindalco’s foray into supplying lightweight, crash-resistant battery enclosures.
MT Bureau