Archive for February, 2018

Ashok Leyland partners Phinergy

Ashok Leyland partners Phinergy

Ashok Leyland has signed a Letter of Intent (LoI) with Phinergy, Israel, for the development of varying energy management solutions to the customers. Phinergy has developed cutting edge technology solutions for the use of aluminum-air batteries for EVs and other applications. Ashok Leyland and Phinergy will tailor the unique technology to meet the demanding high-energy requirements of CVs in the[Read More…]

by February 18, 2018 News
MAN unveils new bus range

MAN unveils new bus range

MAN Trucks India has unveiled a new CLA front-engine bus chassis. Offered in two guises – a 8.250 (4×2) and 22.300 (6×2) multi-axle, the bus chassis is powered by MAN D-0836 turbo-diesel engine that produces 250 hp and 300 hp respectively. Having high localisation levels, the bus chassis is made by MAN Trucks India at its Pithampur plant. Aimed at[Read More…]

by February 18, 2018 News
Uber’s Ex CEO sells stake

Uber’s Ex CEO sells stake

Uber Technologies Inc., co-founder Travis Kalanick has sold nearly a third of his 10 per cent stake in the company for about USD 1.4 billion. SoftBank completed its long-awaited investment agreement with Uber making it the company’s largest shareholder, and providing a huge payout for co-founder Travis Kalanick among other early backers. The former CEO owns 10 per cent of[Read More…]

by February 18, 2018 News

Morth and London Transport MoU

The Ministry of Road Transport and Highways (MoRTH) recently signed an MoU with Transport for London (TFL). Looking to draw from TFL’s expertise and revamp the public transport architecture in the country, Union Minister Nitin Gadkari said, that the country needs a good transport policy to promote an efficient public transport system. Terming an effective public transport system as one[Read More…]

by February 18, 2018 News