The new lab features a unique model of collaboration with Israeli startups and an exclusive partnership with the Israel Innovation Authority (IIA).
Expands light duty trucks portfolio
Aiming to introduce it on passenger vehicles by 2024
Next-generation range of ULTRA Business Utility Vehicles(BUV)
Blames it on ‘French political conditions’
Merged entity looking at achieving a turnover of Rs. 1000 Crore by 2023
To develop next generation electric drive systems.
Merger expected to take place on the back of Setco group purchasing all the stake owned by Lingotes Especiales S.A. (technology & JV partner) in Lava cast Pvt. Ltd.