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VinFast chooses Tamil Nadu for global ev manufacturing hub in India

Sources familiar with the matter revealed that the top management of VinFast, led by Chairman Ph?m Nh?t V??ng, is expected to visit India soon to finalise a Memorandum of Understanding (MOU) with the Tamil Nadu government.Read more

EKA Mobility secures $100 mn Investment for EV Manufacturing in India

Under the agreement, Mitsui and VDL will jointly invest approximately Rs 830 crore in EKA Mobility, acquiring 'significant' minority stakes. The funds will be allocated to expand research and development efforts and increase manufacturing capabilities.Read more

JSW Group enters JV with SAIC Motor for EV manufacturing in India

The newly established entity, in which JSW Group will hold a 35% stake. The remaining ownership distribution is yet to be finalised.Read more

Toyota expands manufacturing in Karnataka with Rs 3,300 cr investment

This new facility, boasting a capacity of 100,000 units, will be situated approximately 35km from Bengaluru and has the potential to generate employment opportunities for up to 2,000 individuals.Read more

4W, 2W EV manufacturing to drives for 13 mn sq ft real estate by 2030

‘Electric Vehicles in India – New Wheels on the Roads’, a report by India’s leading real estate consulting firm, CBRE South Asia shows trends, growth, and influence of electric vehicles (EVs) on the real estate sector in India.Read more

The vision of EV manufacturing industry by 2025

The road to success of electric vehicles will be flawless if the industry is able to eliminate the existing roadblocks and make these vehicles more efficient. By 2025, the electric vehicle (EV) manufacturing industry will have undergone a radical transformation, says Tushar Chhabhaya.Read more

Decision-makers under pressure to enhance automation in EV manufacturing, Zebra study

Zebra Technologies Corporation conducted a survey named Automotive Ecosystem Vision Study which reveals preferences of customers, fleet managers and manufacturers, for upcoming automation of Electric Vehicles, in the industry. Hybrid EVs, sustainable choices, eco-friendliness are key priorities in their vehicle purchase and lease decisions.Read more

M&M to invest Rs 10,000 crore in EV manufacturing plant in Pune

The company, through its subsidiary, will make investments of approximately Rs 10,000 crore over a period of 7-8 years for setting up the manufacturing facility, development, and production of Mahindra’s upcoming Born Electric Vehicles (BEVs).Read more

Sona Comstar launches Motor T family of motors & controllers

Sona BLW Precision Forgings Ltd (Sona Comstar) has introduced its next generation of motors and controllers, Motor T with optimised controller family.Read more

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