CSB Bank has signed a Memorandum of Understanding (MoU) with Tata Motors to offer customised financial solutions for dealers in the Commercial Vehicle segment. The partnership will enable the network of Tata Motors’ dealers to get access to flexible and specialized financial schemes to enhance their operations. Commenting on the partnership, Narendra Dixit, Head – Retail Banking & Group[Read More…]
Continental has acquired KINEXON’s specialist division for on-board operating systems for the intelligent control of autonomous mobile robots (AMR), thereby strengthening its own position in the strategic growth field of mobile robotics. The core of the acquisition is the “Brain” on-board operating system developed for the precise and networked control of autonomous mobile transport robots, including the IP rights to[Read More…]
The New Energy and Industrial Technology Development Organization (NEDO) and the Transport Department, Government of NCT of Delhi in India have been carrying out a demonstration project, which is called International Demonstration Project on Japan’s Energy Efficiency Technologies, on an IT operation support system (hereinafter called “the IT system”) for e-mobility (electric vehicles) with the aim of improving passenger’s convenience[Read More…]
After year-on-year growth of over 50% in business volume in F’23, Mahindra’s Truck and Bus Division (MTBD) inaugurated M/s. Sunrise Truck and Bus, its new, state-of-the-art dealership in Ayodhya, Uttar Pradesh. Speaking on the occasion, Jalaj Gupta, Business Head – Commercial Vehicles, Mahindra & Mahindra Ltd. said, “The ongoing growth of the Indian CV market provides an opportunity for MTBD[Read More…]
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