BEST issues ‘blacklisting’ notice to Causis firm over non-supply of 700 double decker e-buses, ET Auto

Causis officials could not be contacted for comment on the blacklisting notice. The civic-run Brihanmumbai Electric Supply and Transport (BEST) undertaking on Monday served a “blacklisting” notice to private firm Causis E-Mobility for its alleged failure to supply 700 electric double decker buses as per a contract awarded to it, a senior official said. BEST…

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India will probably be the only region of substantial growth in the next two years: Bosch Chairman, ET Auto

Stefan Hartung, Chairman of Bosch Stuttgart-Feuerbach, (Germany): The economy of the ‘Factory of the World’, China, is slowing down. Europe and the US are grappling with economic uncertainty. Amid such an economic scenario, India is attracting more bets for growth, Including from the EUR 88.2-billion technology and services company Bosch. “I’m pretty optimistic that India…

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Autoliv’s Q2 adjusted profit beats expectations helped by price hikes, ET Auto

Autoliv, the global leader in airbags and seatbelts, reports strong Q2 profit growth amid product launches and price increases. Supply chain improvements drive success as demand continues to recover. Sweden’s Autoliv , the world’s largest airbag and seatbelt maker, reported a bigger-than-expected rise in second-quarter adjusted profit on Friday as sales jumped on the back…

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City Students Develop Electric Vehicle To Transport Farm Loads, ET Auto

Featuring a sturdy metal body, the electric vehicle is specifically designed to maneuver through farmlands, allowing farmers to easily transport their produce and agricultural materials Seven students from the mechanical engineering department of Sri Eshwar College of Engineering in the city have successfully developed an innovative electric vehicle (EV) designed specifically for transporting farm loads….

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Volvo Group truck sales jump, but orders drop, Auto News, ET Auto

Volvo Group defies expectations with strong sales growth, but faces challenges as orders for new vehicles decline amid semiconductor shortages. Swedish truck maker Volvo Group reported Wednesday a sharp uptick in quarterly sales that beat expectations, but orders for new vehicles declined. The company, which also makes buses and construction equipment, reported an 18% increase…

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