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Maha govt & Gogoro to partner on Ultra Mega Project for Smart Battery Infrastructure

Maharashtra’s Ultra Mega Project offer outlines an eight year phase 1 investment plan that includes more than $500 million investment in manufacturing and $1 billion in smart battery infrastructure.Read more

EAM to invest $650 mn to establish EV battery components facility in USA

Epsilon Advanced Materials (EAM), India’s leading battery materials company is looking to power 1 million electric vehicles through its proposed facility in USA. The company commits largest Indian investment in USA’s EV battery industry.Read more

Modern Automotive provides special steel engineering solutions to OEMs

Modern Automotives since its inception in 2005 has gradually seen a growth process with its added solutions in the global market. In the growing electric vehicle market, the company recently set its name to export Differential Pinion Shafts to BMW. Aditya Goyal, Managing Director, Modern Automotives Limited, in this interview shares that the company aims to increase export operations to 25 per cent by 2025Read more

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

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

BorgWarner unveils new logo marking transformation to eMobility

Signaling a new chapter, BorgWarner launches a new logo which is future-focused, dynamic and reinforces BorgWarner’s vision of a clean, energy-efficient world. The company expects eProduct revenues of over $10 billion by 2027.Read more

Piaggio Vehicles appoints Dhiraj Tripathi as Vice President - Export & Electric Vehicles

Piaggio Vehicles Pvt Ltd (PVPL), a 100 per cent subsidiary of the Italian auto giant Piaggio Group appoints Dhiraj Tripathi as Vice President - Export & Electric Vehicles. Tripathi will be responsible for the Sales, Service, Marketing & Business Development for EVs and Exports.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

Hindustan Zinc upraises safe, smart & sustainable mining in India

With drones, IIOT sensors, SmartDrive EVs, and Personnel Tracking System, one of world’s largest zinc-lead-silver producers, Hindustan Zinc is raising bars for the Indian mining sector by setting up advanced-level technology in mining and underground mining operationRead 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

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