Jaguar TCS Racing Reveal I-Type 6 - The Most Advanced All-Electric Jaguar Race Car Ever

* The new Jaguar I-TYPE 6 is the most advanced and efficient electric Jaguar race car ever, designed to win the 2023 ABB FIA Formula E World Championship

* Lighter, more powerful and faster, the Jaguar I-TYPE 6 will set new performance benchmarks for an all-electric race car with a top speed of 200mph

* The Jaguar I-TYPE 6 features regenerative braking so powerful it has no conventional rear brakes

* Technology transfer from the Jaguar I-TYPE 6 will support reimagining Jaguar’s future as an all-electric modern luxury brand from 2025

* All-new asymmetric livery from Jaguar's Creative team means unique cars for drivers and a distinctive new identity for the Gen3 era

* After Jaguar TCS Racing’s highest ever points haul in Formula E last year, returning drivers Mitch Evans and Sam Bird bring vital continuity and consistency

* Jaguar TCS Racing enter Season 9 with FIA Three-Star Environmental Accreditation, the highest possible rating, illustrating the team’s commitment to sustainability

* New season welcomes a new partner, with Wolfspeed joining the team as Official Power Semiconductor Partner

* Jaguar TCS Racing will race in Mexico City on 14 January 2023 for first of 17 races in 12 cities. Jaguar TCS Racing will race in Hyderabad India, on 11th February 2023

Jaguar TCS Racing have today revealed the Jaguar I-TYPE 6, designed and engineered to compete for the 2023 ABB FIA Formula E World Championship, as the innovative all-electric motorsport category moves into a new Gen3 era.

The Jaguar I-TYPE 6 is the most advanced and efficient electric Jaguar race car ever. It is the first FIA Formula E race car to feature both front and rear powertrains, as 250 kW regen is added to the front and 350 kW regen added at the rear, doubling the regenerative capability over the Gen2 model and removing the need for conventional rear brakes.

Commencing in January 2023, the Gen3 era of Formula E will bring faster and more exciting wheel-to-wheel racing on street circuits across the globe. Pioneering new cutting-edge technologies, the third generation of Jaguar’s Formula E race car will set new performance benchmarks: 74 kg lighter and 100 kW more powerful than the cars that have preceded it, and now capable of reaching a maximum speed of 321 km/h.

Jaguar TCS Racing head into the 2023 season with a new, distinctive identity. The compelling colour palette features carbon black, satin white and sophisticated gold accents, with the asymmetric design of the Jaguar I-TYPE 6 livery creating two unique cars for drivers Mitch Evans and Sam Bird. Uniquely in Formula E, the Jaguar driver line-up remains the same for the third consecutive season bringing valuable consistency.

The next generation of Formula E will continue to be a real-world test bed for Jaguar TCS Racing and Jaguar Land Rover, as the team develops and innovates new cutting-edge technology to compete for World Championship success, it will power important race-to-road learning for electric powertrain, sustainability and software technologies.

Innovation and technology transfer from the Jaguar I-TYPE 6 will directly enable the reimagination of Jaguar as an all-electric, modern luxury brand from 2025. Racing in a zero-emission motorsport category with the world’s most sustainable race car showcases Jaguar Land Rover’s own commitment to have zero tailpipe emissions and to achieve carbon net zero across its supply chain, products and operations by 2039 as part of its Reimagine strategy.

Jaguar TCS Racing are entering the 2023 season having recently been awarded FIA Three-Star Environmental Accreditation, the highest possible rating. It confirms that the team demonstrate best practice and commitment in environmental management, while continuously striving to improve existing processes.

Ahead of the 2023 championship, Wolfspeed has been confirmed as Official Power Semiconductor Partner. The partnership builds on Wolfspeed’s existing relationship with the team since 2017, where its advanced Silicon Carbide technology has been used to accelerate on-track efficiency and performance. It comes as Jaguar Land Rover also recently announced a strategic partnership with Wolfspeed, securing supply of Silicon Carbide semiconductors for the next generation of electric vehicle inverters. Both partnerships will support the technology and knowledge transfer from race-to-road with a particular focus on efficiency. 

After two successful years with the team, Micro Focus is renewing its partnership as Official Technical Partner. Its world-class software and services, such as IDOL and Vertica Analytics Platform, are embedded into the team’s operations, enabling them to collect and process vast amounts of data, creating more accurate predictions and time-critical decisions during races, which leads to more points, podiums and wins for the team.

Wolfspeed and Micro Focus join an existing portfolio of world-class partners made up of global IT services, consulting and business solutions organisation Tata Consultancy Services (TCS), which continues its multi-year title sponsorship of the team. In addition, GKN Automotive, Dow, and Castrol, and suppliers Alpinestars and Uncommon are connected in the pursuit of performance and innovation for Jaguar TCS Racing.

This is the first season that Jaguar will supply its successful powertrain technology to fellow British-based team Envision Racing, meaning there will be four Jaguar powered Formula E cars on the grid.

Jaguar TCS Racing will race in Mexico City, on 14 January 2023 for the first of 17 races in 12 cities.

After Jaguar TCS Racing’s biggest points haul to date last season in Formula E, with Mitch Evans finishing runner-up in the Drivers’ World Championship, the British team are working hard to once again fight for the World Championship title in 2023.

James Barclay, Jaguar TCS Racing Team Principal: “Launch-day is always a proud and exciting moment for Jaguar TCS Racing, and this year more than ever, as we head into the Gen3 era of Formula E.

“Season 9 is set to be the most competitive and thrilling season to date, with an all-new all-electric race car, the Jaguar I-TYPE 6, iconic cities added to the calendar and our new team design has transformed the car into a work of art, in harmony with our modern luxury vision for Jaguar.

“We’re very excited to welcome Wolfspeed to the team as our Official Power Semiconductor Partner. Their expertise in Silicon Carbide technology will play a pivotal role in our powertrain performance.

“With our Title Partner, Tata Consultancy Services, alongside new and existing organisations, we have a formidable portfolio of partners, each supporting the team and applying their expertise to accelerate relevant sustainable technologies.

“As we head into our seventh season in Formula E, I have been reflecting on how far we have come as a team. Jaguar TCS Racing has a vital role to fulfil beyond the success of the racetrack, and it remains a privilege to play our part supporting the reimagination of Jaguar as an all-electric brand from 2025.

“I am incredibly proud of what we achieved last season, we had our biggest points haul to date, but we know we can do better, and we are here to compete for the World Championship. We are confident in the Jaguar I-TYPE 6 and in the strength of our talented team and I look forward to what this season will bring.”

Mitch Evans, Jaguar TCS Racing driver #9: “Last season was my best to date, finishing runner-up in the Drivers’ World Championship, so we are determined to do one better this season.

“The new Jaguar I-TYPE 6 gives us a lot more to play with, with more power and speed, and the team and I have been working tirelessly to make sure we maximise this effectively to use it to our advantage. Formula E is such a competitive category, but I can’t wait for the season to get underway in January and fight to win both the Drivers’ and Teams’ World Championship.”

Sam Bird, Jaguar TCS Racing driver #10: “Last season was full of ups and downs for me, and I couldn’t finish the season due to injury. I’ve taken the off-season to reset, come back stronger and I’m hungrier than ever to do well for the team. We’ve been focusing all our efforts into the Jaguar I-TYPE 6, and I’m really looking forward to getting back out there for my third season with the team and showing everyone what we can do.”

Jay Cameron, Wolfspeed Senior Vice President and General Manager, Power Business: “Wolfspeed is proud to strengthen our relationship with Jaguar Land Rover by serving as the Official Power Semiconductor Partner for Jaguar TCS Racing. Our Silicon Carbide semiconductor technology in the Jaguar I-TYPE 6 creates an ‘Innovation Lab on Wheels’ to engineer improved powertrain efficiency in a high-performance electric vehicle. 

“Our collaboration with Jaguar TCS Racing in the ABB FIA Formula E World Championship will support our shared goal of translating innovation from the race to the road and enable Wolfspeed to support Jaguar TCS Racing as the ultimate competitor on the track.”

Perfect Day Expands “Global Footprint And Owned Manufacturing Capacity” In India

* Company secures regulatory approval in India and purchases state-of-the-art research, pilot production, and manufacturing facilities 

Perfect Day, Inc. announces a deepening of its global vision and production prowess with two critical steps in India—a critical market for the company to scale its production capacity, extend its kinder, greener impact, and add top caliber talent to its team. The Food Safety and Standards Authority of India has approved the company’s application for its animal-free milk proteins, opening the door for commercialization in India. In the near-term, Perfect Day will export animal-free protein produced in India to meet increasing global customer demands while it works on building a roadmap for domestic commercial opportunities.  

The company also completed its acquisition of Sterling Biotech Limited (SBL), advancing the company’s manufacturing capacity and owned manufacturing network. This acquisition will double the company’s production capability in the near-term with the addition of four high-value assets, including two operational manufacturing facilities in Masar, Gujarat—more than returning on Perfect Day’s immediate investment of 1.5x the winning auction price of Rs 638 crore. These manufacturing facilities include robust precision fermentation capabilities with existing fermenters that will allow the company to expand its precision fermentation capabilities in the months ahead while continuing to service existing SBL customers in both the pharma and protein sectors. 

“We’re scaling our impact to all corners of the world. Expanding our commercialization and manufacturing capabilities in India is a critical step forward,” said Narayan TM, Perfect Day’s President. “Through regulatory approval and the acquisition of these state-of-the-art facilities in India, we’ve grown our presence in this important market, extending our ability to meet increasing global demand and deliver even more products to consumers.”    

The facilities also are outfitted for other premium, pharmaceutical-grade ingredient production, including gelatin and dicalcium phosphate. This marks another chapter in Perfect Day’s mission as it expands its technology capabilities, ingredient innovation, and planet positive impact beyond animal-free milk proteins.  

“This strategic acquisition stands to vastly expand our ability to make and sell protein while leveraging our robust technology platform across new ingredient opportunities," said Ryan Pandya, CEO and co-founder of Perfect Day. “Our mission is one driven by collaboration, and we look forward to working closely with Sterling Biotech’s existing customers and employees as we continue to expand our investment in India and drive positive change together.”  

Today’s news comes amid a period of significant growth for Perfect Day. The company continues extending the impact of its animal-free whey protein, quantified by its ISO-conformant, third-party expert panel reviewed life cycle assessment, through its ingredient partners and consumer brands—consumers can now find kinder, greener products across six categories in three countries. It also recently announced the identity and vision of its global enterprise biology business, nth Bio, which gives leaders in precision fermentation access to essential tools and infrastructure to make world-changing goods, from everyday commodities to life-saving vaccines.  

This work is led by the team of Perfect Day employees in the US, India, Singapore, Hong Kong, and the UK who exemplify how protecting the future of our planet is a truly global mission. Adding the talent associated with SBL to this mission-driven team was a critical strategic component of this acquisition. Perfect Day plans to retain all existing employees from SBL, deepening its investment in this important workforce and adding to the incredible team they have already built in India. Perfect Day’s team in India will now be based in Gujarat, Karnataka, and Tamil Nadu, with potential additional states in the future as the team grows in this important market. 

About Perfect Day, Inc.   

Founded in 2014 by Ryan Pandya and Perumal Gandhi, Perfect Day is on a mission to create a kinder, greener tomorrow through the harmony of science and nature. Leveraging expertise across biology, food innovation, and consumer products, Perfect Day supports companies in developing, scaling, and commercializing next-generation products that satisfy market demands and champion a path toward a sustainable future.  

The company’s flagship product, the world’s first precision-fermented protein, debuted in 2020 and today can be found in animal-free ice creams, cream cheese, baked goods, and sports nutrition products across the U.S., Hong Kong, and Singapore. Instead of relying on cows, Perfect Day utilizes microflora to create proprietary animal-free milk protein. Perfect Day’s protein can be used across a range of products to deliver the same taste and texture while supporting the planet. An ISO compliant, third-party reviewed life cycle assessment (LCA) found that Perfect Day’s whey protein reduces blue water consumption by up to 99%, greenhouse gas emissions by up to 97%, and non-renewable energy use by up to 60%, when compared to conventional production methods.  

To learn more, visit perfectday.com or follow along on Facebook, Twitter, Instagram, and LinkedIn.  

EKA Mobility’s “Next-Gen Commercial Electric Vehicles” To Feature AAM’s e-Beam Technology

American Axle & Manufacturing Inc. (AAM), a leading global Tier 1 automotive supplier of driveline and metal forming technologies, and EKA Mobility, an electric vehicle, and technology company, have announced a collaboration whereby AAM will supply EKA Mobility's first ever e-Beam axle for the company's 2.5T battery electric commercial vehicle. 

EKA Mobility is a subsidiary of Pinnacle Industries Limited, India’s largest integrated commercial vehicle seating, interiors, and specialty vehicles company.  

The collaboration will enhance EKA’s battery-electric commercial vehicle portfolio through the use of AAM's industry-leading components and technologies. The partnership will accelerate the development of efficient, sustainable, reliable, and profitable electric light commercial vehicles globally, and will extend EKA’s soon-to-be-launched 2.5T small commercial vehicle. 

"We are delighted to collaborate with AAM as one of our key partners in bringing our new energy commercial electric vehicles to market,” said Dr. Sudhir Mehta, Chairman, EKA & Pinnacle Industries Limited. “Together with AAM’s extensive knowledge, presence, and leadership in the global automotive markets, we look forward to bringing zero-emission mobility solutions globally.” 

“AAM continues to grow our electric propulsion business with strategic opportunities in new markets with new customers like EKA,” said David C. Dauch, AAM Chairman and Chief Executive Officer. “Our goal is to be a key OEM partner in electric propulsion from components to full systems. This collaboration is another example of how AAM is helping its global customers transition to an electric future.”  

Mehta said that EKA is committed to choosing the most advanced technologies in order to extend product life, making vehicles even more sustainable and valuable.  

“AAM is producing some of the best technology in electric mobility, and this partnership is a step toward our shared vision of cleaner, sustainable and efficient mobility,” Mehta said.  

EKA Mobility recently launched its 9-meter electric bus that provides a solid platform for sustainable and efficient public transport in cities around the world, along with reliable and profitable operations for customers. The product, completely designed and manufactured in India, received the Central Motor Vehicle Rules (CMVR) certification from ARAI. The first vehicles will be on the roads soon. The company also plans to launch a range of light commercial vehicles that will offer a 50-percent reduction in the total cost of ownership and will be a game-changer in the last-mile delivery vehicle segment.  

To learn more about AAM’s e-Beam axles and AAM’s full electric drive technology portfolio, visit AAM.com/Future.  

About EKA: 

EKA is an automotive & technology company creating a new global CV electric mobility paradigm. With an industry-leading team, cutting-edge technology, modular designs, and lean manufacturing processes, EKA’s vision is to bring reliable and efficient mobility solutions to the masses. EKA’s sharable technologies and low-investment production processes will enable the lowest TCO and democratize electric vehicles for mass adaptation. To learn more, visit ekamobility.com.

Mr. M Paramasivam Appointed- As Executive Director Of Punjab National Bank

The Appointments Committee of the Cabinet (ACC) has approved the appointment of Mr M Paramasivam as the Executive Director of Punjab National Bank with effect from 1st December 2022 for a period of three years.  

Mr Paramasivam, an agriculture graduate, started his journey in Canara Bank as Agricultural Extension officer in the year 1990 and has served the bank for last 32 years in various capacities as Branch Head of VLBs, as Regional and Circle head of various regional and circle offices and also headed Priority Credit Wing at Head Office, Canara Bank. 

His experience and contribution is spread across multiple domains of Branch Banking, Credit, Priority Sector, Forex and Trade Finance, Compliance, among others. During his tenure as Wing Head at Prioroty Credit Wing at Head Office, Canara Bank, FRUITS portal was started in coordination with NABARD and Karnataka State Government. He was also instrumental in commencement of Agri Credit Centres in terms of EASE-3 norms. 

Mr Paramasivam has also undertaken Leadership Development Strategy Program organised by Banks Board Bureau and Indian Banks’ Association. 

MAHE Is Pleased To Announce The Appointment Of Dr. P Giridhar Kini As The Registrar

Manipal Academy of Higher Education is pleased to announce the appointment of Dr. P Giridhar Kini as the Registrar, MAHE, Manipal effective December 01, 2022. He takes over the charge from Dr. Narayana Sabhahit who was elevated as the Pro Vice Chancellor – Technology & Science, MAHE, Manipal from December 01, 2022.

Dr. Giridhar has been serving MAHE in various academic & administrative capacities since 1999. He was appointed as the Director Admissions, MAHE in January 2018. During his tenure, the MAHE Admissions Team ensured a smooth admissions process, even during the pandemic period.

Dr. Sabhahit is associated with MAHE for over 34 years. During his tenure as the Registrar since 2015, Dr. Sabhahit has exceptionally managed responsibilities entrusted on him. Along with other top leaders, he has successfully managed UGC Inspection, IOE Empowered Committee visits and NAAC peer team visit etc. His leadership during the difficult times including the pandemic period is highly appreciated.

Toyota Kirloskar Motor Wholesales 11765 Units In November 2022

* Registers a growth of 31% in wholesales from April to November 2022

TKM today announced that the company sold a total of 11,765 units in the month of November 2022. For reference, TKM had sold 13,003 units in the month of November 2021.

Mr. Atul Sood, Associate Vice President, Sales and Strategic Marketing, TKM said, “We began last month with demand soaring and positive sentiments building towards the unveil of the much awaited, all- new Innova HyCross. The Urban Cruiser Hyryder too, has been receiving good traction from the market. Cumulative wholesales from April to November 2022, registered a growth of 31% when compared to cumulative wholesales in the same period last year.

However, last month also witnessed an irreparable loss for TKM, with the untimely and sudden demise of Mr. Vikram S. Kirloskar, Vice Chairman, TKM. He has been a core pillar of strength, not just for TKM but the entire Indian Automotive Industry. A true visionary and leader, we hope that we will be able to fulfill his dream of bringing in not just practical but ever-better, sustainable, cleaner & safer mobility solutions to India”, he concluded expressing his grief.

Introducing Mivi Watch Model E, Brand Is All Set To Disrupt The Wearables Market With Launch Of Its First Smartwatch

Mivi, a truly made-in-India consumer tech brand, today announced its entrance into the “affordable” wearable category with the launch of its inventive and ‘truly Made in India’ range of smartwatches; Model E. Aesthetically designed, to offer a perfect balance of style and functionality, these smartwatches are available in five different colors: Pink, Blue, Red, Grey, Green, Black and will be available on Flipkart and on the Mivi website at a special price of INR 1299.

The lightweight smartwatch has a display of 1.69 inch and is enabled with a fully functional HD font touch screen. The watch is also equipped with Bluetooth 5.1 and has a 200 mAh lithium polymer battery with a magnetic line for charging.

Mivi’s ‘Made-in-India’ smartwatch will include pre-installed workout modes such as cycling, jogging, hiking, walking, yoga, and many others. To put it another way, this smartwatch will make your workouts far more productive, among other things. It is designed keeping in mind the hectic schedule of the mass, it charges completely in 1.5 hours and lasts for 5-7 days of use and has a stand-by of 20 days. The watch is also rated with an IP68 which makes it water resistant during a swim or a workout. The device also has a G-sensor that makes it easy to track step count and monitor sleep, heart rate, blood pressure, oxygen saturation, and exercise data record along with Menstrual cycle tracking making it especially convenient for women.

Midhula Devabhaktuni, Co-founder and CMO, Mivi, said, “In this current world where everyone is trying to get healthier both mentally and physically, a smartwatch is more of a necessity than an accessory. We are delighted to expand our portfolio in smart wearables and are hoping that Mivians will support us through this journey. Our Made-In-India smartwatch is equipped with the best technology and is available at the most affordable rates. This is the most opportune time for us and based on consumer needs, we are constantly striving to introduce ideal Made-in-India products to the Indian market. With this launch, we will be offering innovative technology to the youth of India.”

The smartwatch has silicone straps for style and a stainless steel dial for durability. It is also compatible with both Android and iOS for maximum accessibility and for the users to enjoy a seamless experience. The watch also offers full music control, dial selection, message push, daily alarm clock, photo control, weather information and supports 28 languages with 120 sports modes.

About Mivi

Founded in 2016, Mivi, the brainchild of Viswanadh Kandula and Midhula Devabhaktuni, strives to take the Indian electronic gadgets industry to the next level by fulfilling the need for high quality electronic gadgets at affordable prices in the Indian market. Mivi is a one-of-a-kind company specializing in the audio category, from TWS to sound bars, which have gone from a luxury to a necessity for everybody with a smartphone. The brand aspires to create a difference in the Indian electronics market by introducing high-quality ‘Made in India’ products coming from its Hyderabad manufacturing factory. Mivi currently has a 1500+ strong team and is looking to expand its presence PAN India – from tier 1 to tier 4 cities.