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Tata Motors, to spend Rs 160-180 billion as capex on EV arm till FY30
Giants like Tata Motors, Mahindra and Mahindra (M&M), Maruti Suzuki India Ltd (MSIL), Hyundai Motor India Ltd (HMIL), JSW MG Motor India, Nissan Motor Corporation, and Renault SA have indicated big-ticket investment for creating capacities.Read more
CMS to manufacture Zbee e-3Ws in Pune; eyes global expansion
The company intends to manufacture the Zbee in India for global export. Read more
Sundram Fasteners receives Rs 40 billion in EV orders; to expand further
Sundram Fasteners aims to increase the share of non-automotive revenue from 30% to 50% over the next five years. Read more
MAHLE SmartBike Systems launches X30; drive system for e-Bikes
The X30 System is compatible with all components, accessories, and digital ecosystem of the new X Series family.Read more
Godrej & Boyce announces motor components operations; eyes EV sector
Godrej & Boyce aims to double the revenue from the motor components business in the next three years.Read more
TPEM’s Punch.ev & Nexon.ev receive 5-star safety ratings from Bharat-NCAP
Punch.ev set a major milestone by receiving the highest ever scores achieved by any vehicle till date.Read more
Tata Power adds high-capacity fast charging points for e-bus charging network
The move enables e-mobility across 30+ bus depots for State Transport Corporations like DTC, BEST, BMTC, JSCL, SSCL, BRTS-AJL through OEM partnerships.Read more
Jitendra New EV appoints Sachin Shende as National Head of Sales & Marketing
Established in 2016 under the Shah group, Jitendra New EV Tech Pvt. Ltd is a foray into the future of transportation. The Shah Group is a diversified conglomerate that operates across real estate, automotive, retailing, software, and manufacturing and is headed by Jitendra Shah, a first-generation entrepreneur. Read more
TeamLease Degree Apprenticeship to bridge Indian semiconductor sector skill gap
Despite the promising growth trajectory, TeamLease’s internal projections indicate a deficit of 250,000 to 300,000 professionals by 2027 in the semiconductor industry, encompassing R&D, design, manufacturing, and advanced packaging. Read more
JK Tyre & EKA Mobility to provide electric mobility solutions
Beginning with the currently deployed fleet in Mumbai, the company will offer comprehensive support to EKA's fleet across all cities.Read more