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Japan’s Musashi Seimitsu to invest Rs 700 mn in India to make EV components
The company will manufacture 2W E-Axle comprising of motor, PCU, and Gear Box at its Bengaluru plant starting October 2023. It has signed MoU with Bharat New-Energy Company (BNC) to develop drivetrain technology.Read more
Centre plans Master App for real-time EV charging slot availability
A stakeholder meeting was organized by Niti Aayog on June 7, where representatives from companies operating public EV chargers discussed the app and potential plans for a beta version in the coming weeks.Read more
Tesla agrees to set up vendor base and start EV assembly in India
The move follows the Indian government's request for a domestic assembly plant and vendor base. Tesla aims to integrate manufacturing and the supply chain, potentially expediting vendor selection.Read more
EMAG is a go-to Solution Provider for Indian Manufacturing, says MD
The German Machine builder EMAG organised Technology Events at Rajkot, Aurangabad & Bengaluru to create awareness about the capabilities EMAG possess to bring many critical manufacturing solutions.Read more
Erisha E Mobility signs MoU with UP govt to invest 400 cr in EV charging hubs
Erisha E Mobility and government of Uttar Pradesh to invest $50 million towards the construction of 100 EV charging hubs in Gautam Buddha Nagar district of UP. 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
Bearing sector is experiencing an upsurge in demand
In this interview with Rakesh Rao, Sanjeev Taparia, Chief Sales & Marketing Officer, National Engineering Industries Ltd, elaborates on strategies to be adopted by NEI as the company aims to more than double its sales by 2025.Read more
Flender reinvents itself at Hannover Messe 2023
Flender introduced Flender One gearbox to revolutionise the market. With Flender One, customers will receive a gear unit solution that is precisely tailored to their application and preventing waste while utilising the smallest drive concept possibleRead more
Varroc Engineering order win for Rs 5,178 cr includes key seven EV customers
Varroc Engineering bags order for Rs 5,178 crore during FY23 out of which Rs 1,796.8 crore oreder is from EV manufacturers. Company’s consolidated revenue from continued operations was Rs 6,863.1 crore in FY 22-23, registering a growth of 17.4 per cent on YoY basis.Read more
Ceat’s EV tyres to power MG Motors latest electric vehicles, Comet
Ceat is committed towards innovative and high-quality tyre solutions for the growing electric vehicle (EV) market in India and in this lead the company has come together with MG Motors for the launch of the MG Comet, the newest EV in India.Read more