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Minda Corporation Limited (referred to as “Minda Corp” or the “Company”; NSE: MINDACORP, BSE: 538962), the flagship company of Spark Minda has entered into a technical collaboration with DAESUNG, Korea, the leading automotive electronics company to bring the Next Gen Advanced Driver Assistance System (ADAS) solutions to the Indian automotive market. Both companies signed the Technology Licence and Assistance Agreement (TLA) on October 28th, 2022. This part...
2023 Kia EV6 Bookings re-open today!
Kia India today commenced the bookings for its best-selling and 2023 World Performance Car of the Year - The 2023 Kia EV6. The company is also offering exclusive ownership privileges to the first 200 buyers which include 95% buyback policy within 30 days, free periodic maintenance for 5 years, and 8 years/ 160000 Kms warranty on the battery. Kia launched the EV6 in June 2022 and started its electrification journey in India. Since then, it has already sold 432 units with an overwhelmi...
Sterling Tools Limited (BSE: 530759) (NSE: STERTOOLS), the second largest automotive fastener manufacturer and, through its subsidiary, the leading manufacturer of Motor Control Units (MCUs) in India, has signed a Memorandum of Understanding (MoU) with South Korea’s, Yongin Electronics, a major supplier of components to the Hyundai Kia Motor Group. This strategic agreement, expected to generate INR 250 crore in business over the next 5 years, marks a crucial step in a...
Mahesh Babu, CEO, Mahindra Electric, tells TURN OF SPEED about its own battery technology, its powertrains, the EV revolution in India being led by two and three wheelers, and how it believes that India has a strong and stable policy in FAME. TOS: Tell us about the MESMA 48 platform. It is all the buzz, and is enabling so much at Mahindra Electric. MB: Mahindra Electric Scalable Modular Architecture (MESMA) is India’s first electric architecture that has ...
