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Electric Truck Maker Nikola Files For Bankruptcy Protection
February 20, 2025
Nikola now joins the list of alternative energy-focused automotive and allied companies globally, who aimed at disrupting the market with their potential solutions, but ended up burning millions of dollars in investor money.
MT Bureau
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Indian Auto Component Industry To Grow By Upto 10% In FY2026 Says ICRA
February 20, 2025
In FY2026, ICRA estimates that the auto component sector will pump in INR 250-350 billion investment towards enhancing capacity, localisation/capability development and new technologies (including EVs) among others.
MT Bureau
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Skoda Auto India Onboards Actor Ranveer Singh As Its First Brand Superstar
February 20, 2025
The company recently introduced the Skoda Kylaq, its first-ever sub-4-metre SUV, which is expected to bring incremental volumes for the Czech automaker in India.
MT Bureau
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Yuma Energy Buys Grinttech To Strengthen Vertically Integrated BaaS Ecosystem
February 20, 2025
As per the understanding, Yuma Energy will integrate Grinntech’s expertise in battery technologies, R&D and manufacturing to build a vertically integrated BaaS ecosystem.
MT Bureau
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Altair Introduces HyperWorks 2025 Simulation Platform
February 20, 2025
The platform aims to bring the industry closer towards a zero-prototype world, where design is perfected in the virtual domain before reaching the physical world.
MT Bureau
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Mahle Bags Order For High-Performance Cooling Module For EV Chargers
February 20, 2025
The module will be used in fast-charging stations for e-commercial vehicles, which typically are installed on service stations on and off-highways.
MT Bureau