Mahindra Intertrade has signed a Memorandum of Understanding (MoU) with MSTC Ltd. (a Government of India enterprise, known formerly as Metal Scrap Trading Corporation Limited) to set up an auto shredding facility. Auto-shredding in India is largely an unorganised activity with vehicles long past their usable life, especially in rural and semi-urban India. Older vehicles are currently dismantled in an[Read More…]
Rural sentiments seem to be on the rise. Tractors posted good sales in April 2016. Mahindra posted a 22 per cent growth by selling 20,074 units. Escorts posted a 10.3 per cent growth, clocking sales figures of 4,000 units. Sonalika International tractors posted a seven per cent growth by selling 5,392 units. Albeit industry experts are cautious. They are of[Read More…]
KPIT Technologies’ Revolo for buses has won the ‘Promising Transport Innovation Award’ at the International Transport Forum (ITF) 2016 Summit in Leipzig, Germany. Revolo enables clean urban mobility, and is a versatile system designed to work across different bus formats. The key components of the system are lithium ion batteries, electric motors, a power transmission unit and smart electronic control[Read More…]
German supplier Continental is focusing on sustainability through a mobility concept that is safer, cleaner and connected. Catering to the needs of many commercial vehicle manufacturers the world over, the company, according to Dr. Elmar Degenhart, Continental’s chairman of the Executive Board, is looking at efficient, intelligent, and sustainable mobility solutions. With an eye on clean air and lower emissions,[Read More…]
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