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Since 2020, Continental’s AMRs have been successfully deployed at several own production locations worldwide and the experience gained has now been incorporated into the AMR version for the external market. Due to the load density, the electric vehicles are as small and compact as possible but can carry very heavyweights, the company added.

Market developments will continue to be characterized by high volatility in the coming months, said the company. After a production output of 77.1 million passenger cars and light commercial vehicles last year, Continental expects an increase of between 4% and 6% for the year as a whole (previously: 6% to 9%).

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Apart from Guleria, Pradeep Pandey senior vice-president (customer service), HMSI has put in his papers. In February this year Shekhar MC, formerly general manager (finished vehicles logistics), too exited the company and joined Ola Electric Mobility.

The buses will benefit from the central government subsidy offered under the remodeled FAME II scheme administered by the Ministry of Heavy Industries. “With the very low discovered prices under the Grand Challenge, a savings of approximately Rs 361 crore of national subsidy can be realised, which in turn may be utilised for additional buses,” it said.

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