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Auto and Transport Industry News
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Setco Automotive achieves export milestone with flywheels for US market
Setco Automotive Limited, a leader in manufacturing M&HCV clutches and premium truck products, has reached a major milestone…
Accenture to acquire AOX to accelerate software-defined vehicle development
Accenture, a global leader in professional services, has announced an agreement to acquire AOX, a German company renowned…
ChargePoint posts Q3 FY2025 revenue of $100m amid shifting market dynamics
ChargePoint Holdings, Inc. (NYSE: CHPT), a prominent player in electric vehicle charging, reported its financial results for the…
Bombardier partners with Honeywell in $17bn aviation technology revolution
Bombardier, the renowned business jet manufacturer from Canada, has taken a bold step into the future of aviation…
Aramco, TotalEnergies and SIRC join forces for sustainable aviation fuel development
Aramco, TotalEnergies, and the Saudi Investment Recycling Company (SIRC) have taken a significant step toward advancing sustainable aviation…
Pricol announces acquisition of injection moulding business from Sundaram Auto Components
Pricol Limited, a leader in automotive component industry, has unveiled a strategic acquisition of Sundaram Auto Components Limited…
GM accelerates EV plans with Lansing battery plant sale to LG Energy Solution
General Motors Company (GM) is set to sell its stake in the nearly completed Lansing battery plant to…
Tesla stock soars after self-driving breakthrough and Wall Street upgrade
Tesla stock surge continued as the company unveiled a groundbreaking update to its Full Self-Driving software, reinforcing investor…
DOE backs $7.54bn loan for Stellantis-Samsung SDI’s EV battery plants in Indiana
The U.S. Department of Energy (DOE) has conditionally committed to a monumental loan of $7.54 billion to StarPlus…
Hero Motocorp breaks records with 4.60 lakh bikes and scooters sold in November
Hero MotoCorp, the world’s largest two-wheeler manufacturer leader, reported impressive sales figures for November 2024. The company achieved…