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Hyundai sales in India on track to scale new highs
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Cars with an electric motor made up 41 per cent of sales in the second quarter in Europe, with 9.9 per cent battery-only cars and the rest hybrids that combine electric power with internal combustion, according to the European Automobile Manufacturers’ Association.
The world’s largest contract electronics maker, Foxconn already plays a lynchpin role in assembling gadgets for a host of top international brands including Apple’s iPhone.
The civic body will receive 105 light commercial vehicles in the first batch of delivery in November, which will be deployed without any delay.
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Ramashankar Pandey has resigned from Hella Lighting India and Hella Germany management board. With more than 20 years of entrepreneurial and turnaround specialist experience in the auto component industry, he has versatile experience both in manufacturing and marketing.
The company’s main manufacturing plant in Kancheepuram, Tamil Nadu, manufactures 400,000 chips every day and these have already been released into the market. Within the next few months, Polymatech aims to attain its full capacity of manufacturing 1 million chips daily (300 million a year), the company said.
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