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EV startup River to open Rs 10 billion manufacturing facility in Telangana
The company has already invested about Rs 2.5 billion in its R&D facility and leased factory in..
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Commercial vehicles to decline 3-6%; two-wheelers to grow 7-9% in FY25 India
Both segments have experienced significant transformations and faced unique challenges over the..
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TI Clean Mobility to launch new EVs despite financial losses
TICMPL reported a revenue of Rs 1.23 billion but incurred a substantial loss before tax amounti..
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Altair & ARAI join hands to advance technology and digital transformation goals
This collaboration is set to harness state-of-the-art digital twin technology, data-driven desi..
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Bharat Forge Class-8 truck orders in North America fall to 14-month low
The defence-to-auto component-supplier Bharat Forge has presence in the class 8 trucks market i..
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Chinese auto manufacturer BYD to establish $1 bn manufacturing plant in India
Due to its Chinese connections, BYD is partnering with Hyderabad-based Megha Engineering and In..
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Volvo: Despite fluctuations, EVs to be the future
In India, 27,300 electric cars were sold in the first quarter of 2024-25 with no year-on-year g..
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Ashok Leyland unveils vehicle disposal facility & platform for old vehicles
The Hinduja flagship is also developing a digital platform named Re.AL for the used vehicle bus..
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CEAT appoints Vishal Pawar as Senior Vice President – Global Sales
Pawar began his career at TAFE (Tractors and Farm Equipment Limited). Then, he moved to CEAT an..
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Abhinava Rizel to launch hybrid EV motors for passenger and cargo 3-wheelers
In September 2022, MM Forgings put Rs 158.4 billion for an 88% stake in Abhinava Rizel...
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NSK Steering Systems to be renamed Rane Steering Systems after RHL buy out
Despite the change in ownership, the company will maintain its existing technology license and ..
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Critical EV components to be localised by 2030
Achieving 100% localisation in India is not feasible due to the scarcity of certain rare earth ..
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