Tata Motors

Indian Oil Corporation completes second round of investment in Phinergy, bringing its holding in the company to 17%

Retrieved on: 
Wednesday, February 14, 2024
Oxygen, Indian Oil Corporation, Atmosphere, Tata Motors, Indus Towers, TEL, Oil, Maruti Suzuki, Metal, Electricity, Hindalco Industries, Telecommunications, Renewable energy

TEL AVIV, Israel, Feb. 14, 2024 /PRNewswire/ -- Phinergy (TASE: PNRG) - which develops metal-air technology that produces electricity by combining oxygen from the air with metals - is delighted to announce that multinational energy giant, Indian Oil Corporation, has completed its second round of investment in the company in the amount of $12.5 million. This brings Indian Oil's holding in Phinergy to 17%, purchased in two installments for a total of $25 million, based on an average company value of $146 million.

Key Points: 
  • This brings Indian Oil's holding in Phinergy to 17%, purchased in two installments for a total of $25 million, based on an average company value of $146 million.
  • Over the years, Phinergy has established strategic activity in the Indian subcontinent, comprising a comprehensive energy ecosystem and applications in the world of telecom backup power.
  • David Mayer, CEO of Phinergy, says: "Phinergy is consistently moving towards its business goals, while increasing its presence in Israel, Europe and India.
  • We are proud that our partner in India - Indian Oil Corporation - has decided to increase its holding, after years of fruitful cooperation in building a comprehensive ecosystem in the Indian subcontinent.

Indian Oil Corporation completes second round of investment in Phinergy, bringing its holding in the company to 17%

Retrieved on: 
Wednesday, February 14, 2024
Oxygen, Indian Oil Corporation, Atmosphere, Tata Motors, Indus Towers, TEL, Oil, Maruti Suzuki, Metal, Electricity, Hindalco Industries, Telecommunications, Renewable energy

TEL AVIV, Israel, Feb. 14, 2024 /PRNewswire/ -- Phinergy (TASE: PNRG) - which develops metal-air technology that produces electricity by combining oxygen from the air with metals - is delighted to announce that multinational energy giant, Indian Oil Corporation, has completed its second round of investment in the company in the amount of $12.5 million. This brings Indian Oil's holding in Phinergy to 17%, purchased in two installments for a total of $25 million, based on an average company value of $146 million.

Key Points: 
  • This brings Indian Oil's holding in Phinergy to 17%, purchased in two installments for a total of $25 million, based on an average company value of $146 million.
  • Over the years, Phinergy has established strategic activity in the Indian subcontinent, comprising a comprehensive energy ecosystem and applications in the world of telecom backup power.
  • David Mayer, CEO of Phinergy, says: "Phinergy is consistently moving towards its business goals, while increasing its presence in Israel, Europe and India.
  • We are proud that our partner in India - Indian Oil Corporation - has decided to increase its holding, after years of fruitful cooperation in building a comprehensive ecosystem in the Indian subcontinent.

Tata Elxsi delivers healthy growth in Q3 FY'24 with revenue from operations growing at 3.7% QoQ, and EBITDA margin at 29.5%

Retrieved on: 
Tuesday, January 23, 2024
Transport, Industrial design, Tata Motors, Communication, SDV, Health care, Quarter, Holiday, PAT, Net income, Digital, Environment, HMI, EPS, System integration, PBT, Per stirpes, Yoy, Growth, Bookkeeping

BANGALORE, India, Jan. 23, 2024 /PRNewswire/ -- Tata Elxsi (BSE: 500408) (NSE: TATAELXSI), amongst the world's leading providers of design led technology services, announced its third quarter results for the period ending 31st December 2023.

Key Points: 
  • Highlights of the Quarter Ended December 31, 2023:
    Revenues from operations at Rs.
  • 33.15, +3.2% QoQ, +6.0% YoY
    Transportation growth at 2.7% QoQ, 15.6% YoY, aided by deal wins and ramp-up of Software Defined Vehicle (SDV) engagements.
  • We are staying close to our customers and building on both growth and efficiency offerings for customers in this industry.
  • Our Design-Digital strategy is continuing to drive differentiation and growth, with our Design business growing strongly at 12.3%.

[INVNT GROUP]™ the Global Brand Storytelling Agency Portfolio, Expands to South Asia Opening Tenth Office in Mumbai, India

Retrieved on: 
Wednesday, January 10, 2024
Sun Pharma, Tata Motors, Mindshare (firm), Advertising, Pandey, Samsung, Lead, Creativity, Marketing, Media, Hitachi, Entertainment

Mumbai, India, Jan. 10, 2024 (GLOBE NEWSWIRE) -- [INVNT GROUP] The Global BrandStory Project™, announces its expansion into South Asia opening its tenth office across seven countries in Mumbai, India.

Key Points: 
  • Mumbai, India, Jan. 10, 2024 (GLOBE NEWSWIRE) -- [INVNT GROUP] The Global BrandStory Project™, announces its expansion into South Asia opening its tenth office across seven countries in Mumbai, India.
  • "We are excited to extend our reach and expertise to South Asia, a region that is rapidly emerging as a hub for technological and marketing communications innovation.
  • “I am elated to lead [INVNT GROUP]’s expansion into South Asia, particularly in the dynamic and crowded Indian market.
  • With this expansion, [INVNT GROUP] continues to uphold its vision of engaging audiences everywhere by crafting compelling and impactful brand stories across all platforms.

Gen 3 HMI Design Jointly Developed by Tata Motors and Tata Elxsi Wins the German Design Award

Retrieved on: 
Monday, December 18, 2023
SDV, Safety, Tata Motors, Engineering, Creativity, Internal combustion engine, Advanced driver-assistance system, Tata Group, German Design Award, Electric vehicle, SUV, Origami Angel, 2D, Growth, 3D, HMI, ADAS, EV, OTA, Innovation, ICE, Automotive industry, Industrial design, Airline

BENGALURU, India, Dec. 18, 2023 /PRNewswire/ -- Tata Elxsi, a global design company that blends technology, creativity, and engineering, along with Tata Motors, one of India's leading automotive companies, has won the esteemed German Design Award 2024. Both global leaders were acclaimed with the coveted Excellent Product Design award for their outstanding contribution to the Tata Motors Gen 3 HMI design.

Key Points: 
  • Both global leaders were acclaimed with the coveted Excellent Product Design award for their outstanding contribution to the Tata Motors Gen 3 HMI design.
  • Tata Motors Gen 3 HMI, crafted by Tata Elxsi, represents a futuristic digital cockpit experience designed primarily for Electric Vehicles (EV) and then thoughtfully adapted for Internal Combustion Engine (ICE) Vehicles.
  • The Gen 3 HMI's features are inspired by global trends in HMI design that can cater to international markets.
  • The jury remarked, "The digital vehicle cockpit 'Gen 3 HMI' from Tata Elxsi combines 2D and 3D optics in its modern and progressive design.

Gen 3 HMI Design Jointly Developed by Tata Motors and Tata Elxsi Wins the German Design Award

Retrieved on: 
Monday, December 18, 2023
SDV, Safety, Tata Motors, Engineering, Creativity, Internal combustion engine, Advanced driver-assistance system, Tata Group, German Design Award, Electric vehicle, SUV, Origami Angel, 2D, Growth, 3D, HMI, ADAS, EV, OTA, Innovation, ICE, Automotive industry, Industrial design, Airline

BENGALURU, India, Dec. 18, 2023 /PRNewswire/ -- Tata Elxsi, a global design company that blends technology, creativity, and engineering, along with Tata Motors, one of India's leading automotive companies, has won the esteemed German Design Award 2024. Both global leaders were acclaimed with the coveted Excellent Product Design award for their outstanding contribution to the Tata Motors Gen 3 HMI design.

Key Points: 
  • Both global leaders were acclaimed with the coveted Excellent Product Design award for their outstanding contribution to the Tata Motors Gen 3 HMI design.
  • Tata Motors Gen 3 HMI, crafted by Tata Elxsi, represents a futuristic digital cockpit experience designed primarily for Electric Vehicles (EV) and then thoughtfully adapted for Internal Combustion Engine (ICE) Vehicles.
  • The Gen 3 HMI's features are inspired by global trends in HMI design that can cater to international markets.
  • The jury remarked, "The digital vehicle cockpit 'Gen 3 HMI' from Tata Elxsi combines 2D and 3D optics in its modern and progressive design.

Automotive Tire Market size to grow by USD 49.25 billion from 2022 to 2027|APAC is estimated to account for 40% of the global market - Technavio

Retrieved on: 
Friday, December 1, 2023
Sample, Tata Motors, Hatchback, Investment, CEAT, Methanol, Styrene, Golf, Comprehensive, Growth, Volatile organic compound, BRIC, USD, Table tennis rubber, US EPA, Original equipment manufacturer, Michelin, Puncture, NESHAP, ATV, Air pollution, General Motors, MACT, SUV, OEM, Geography, Population growth, Unique, Hyundai, Formaldehyde, Great Wall Motor, MRF, Urbanization, Organic compound, Toluene, Risk, Pirelli, Natural rubber, Transport, Tire manufacturing, Retail, Pet industry

NEW YORK, Dec. 1, 2023 /PRNewswire/ -- The automotive tire market size is estimated to grow by USD 49.25 billion from 2022 to 2027, growing at a CAGR of 7%.

Key Points: 
  • NEW YORK, Dec. 1, 2023 /PRNewswire/ -- The automotive tire market size is estimated to grow by USD 49.25 billion from 2022 to 2027, growing at a CAGR of 7%.
  • These factors collectively fuel the growth of the APAC automotive tire market during the forecast period.
  • Therefore, the OEM segment plays a crucial role in driving the growth of the global automotive tire market during the forecast period.
  • The automotive tires e-retailing market size is estimated to grow at a CAGR of 15.3% between 2022 and 2027.

Global Hydrogen Fuel Cell Buses Market Report 2023 - Falling Prices and Advances in Technology Drive Growth

Retrieved on: 
Tuesday, November 28, 2023
Hydrogen, FCB, Carbon, Volvo Buses, Carbon footprint, Hyzon Motors, Tata Motors, City, Advanced Vehicle Technology Competitions, Growth, Hyundai, Transport, Renewable energy

DUBLIN, Nov. 28, 2023 /PRNewswire/ -- The "Global Market for Hydrogen Fuel Cell Buses, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Nov. 28, 2023 /PRNewswire/ -- The "Global Market for Hydrogen Fuel Cell Buses, 2023" report has been added to ResearchAndMarkets.com's offering.
  • This comprehensive study highlights the rapid growth and potential of hydrogen fuel cell buses (FCBs) as a sustainable and clean mode of public transportation.
  • This growth is attributed to falling prices of hydrogen FCBs and advances in technology that have reduced the cost of fuel cells and related components.
  • Advances in Technology: Ongoing advancements in fuel cell technology and manufacturing are contributing to cost reductions in hydrogen FCBs.

Automotive Interior Materials Market to Surpass US$ 80.08 Billion by 2030 - Coherent Market Insights

Retrieved on: 
Friday, November 17, 2023
Sale, Dow Chemical Company, Plastic, Research, Primary energy, Tata Motors, Recycling, BASF SE, CO2, PCR, TPE, BASF, Dashboard, Adient, Avient Corporation, Analysis, Component, Vehicle, Partnership, Toyota Prius, Growth, Kirloskar, SE, PV, Kia India, Lear Corporation, Speciality chemicals, Paint, Faurecia, Veolia

BURLINGAME, Calif., Nov. 17, 2023 /PRNewswire/ -- According to Coherent Market Insights, Global automotive interior materials market size was valued at US$ 56.26 Billion in 2022 and is expected to surpass US$ 80.08 Billion by 2030 and is anticipated to witness a compound annual growth rate (CAGR) of 4% from 2023 to 2030.

Key Points: 
  • BURLINGAME, Calif., Nov. 17, 2023 /PRNewswire/ -- According to Coherent Market Insights, Global automotive interior materials market size was valued at US$ 56.26 Billion in 2022 and is expected to surpass US$ 80.08 Billion by 2030 and is anticipated to witness a compound annual growth rate (CAGR) of 4% from 2023 to 2030.
  • The global automotive interior materials market has witnessed significant growth in the recent years and this is attributed to the growing demand for premium automotive interiors.
  • Moreover, increasing disposable income of consumers coupled with the growing advancement in technology are further anticipated to foster the market growth.
  • Global Automotive Interior Materials Market Segmentation:

Automotive Interior Materials Market to Surpass US$ 80.08 Billion by 2030 - Coherent Market Insights

Retrieved on: 
Friday, November 17, 2023
Sale, Dow Chemical Company, Plastic, Research, Primary energy, Tata Motors, Recycling, BASF SE, CO2, PCR, TPE, BASF, Dashboard, Adient, Avient Corporation, Analysis, Component, Vehicle, Partnership, Toyota Prius, Growth, Kirloskar, SE, PV, Kia India, Lear Corporation, Speciality chemicals, Paint, Faurecia, Veolia

BURLINGAME, Calif., Nov. 17, 2023 /PRNewswire/ -- According to Coherent Market Insights, Global automotive interior materials market size was valued at US$ 56.26 Billion in 2022 and is expected to surpass US$ 80.08 Billion by 2030 and is anticipated to witness a compound annual growth rate (CAGR) of 4% from 2023 to 2030.

Key Points: 
  • BURLINGAME, Calif., Nov. 17, 2023 /PRNewswire/ -- According to Coherent Market Insights, Global automotive interior materials market size was valued at US$ 56.26 Billion in 2022 and is expected to surpass US$ 80.08 Billion by 2030 and is anticipated to witness a compound annual growth rate (CAGR) of 4% from 2023 to 2030.
  • The global automotive interior materials market has witnessed significant growth in the recent years and this is attributed to the growing demand for premium automotive interiors.
  • Moreover, increasing disposable income of consumers coupled with the growing advancement in technology are further anticipated to foster the market growth.
  • Global Automotive Interior Materials Market Segmentation: