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Servotech receives orders of DC fast EV chargers from BPCL & other OEMs

The project valued at around Rs 200 million will involve manufacturing, supplying, installing, and deploying these chargers nationwide, particularly at BPCL petrol pumps as part of the BPCL E-drive Project. Read more

Zen Mobility launches new pod variants- ThermoFlex and LoadMax

Equipped with cutting-edge technologies such as telematics, IoT integration, geo-fencing with remote vehicle locking, trip data monitoring, and battery state-of-charge (SOC) tracking, these variants are the result of extensive customer feedback and trials.Read more

Amara Raja Invests €20million in InoBat

InoBat, specialises in research, development, and production of batteries for electric vehicles.Read more

India witnessed $29.6 billion in private equity investments

The investment distribution in 2023 saw a notable shift with traditional sectors such as manufacturing, healthcare, and energy, accounting for about 75 % of the total investments, up from around 60 % in 2022.Read more

MAHLE finalises OEM thermostat business sale to BTT Solutions

MAHLE is focusing on electrification and systems for thermal management, as well as cost leadership in components for highly efficient, green combustion engines.Read more

IIT-Madras bred start-up, Mindgrove develops India’s first secure IoT

It will allow Indian Original Equipment Manufacturers to use an Indian SoC in their products and help reduce the cost of their feature-rich devices.Read more

Servotech secures order worth Rs. 111 Crore from IOCL and other OEMs

The order secured by IOCL involves Servotech manufacturing, supplying and installing DC EV chargers nationwide, prioritizing deployment at Indian Oil petrol pumps and other said locations.Read more

85% industry revenue comes from sale of components to domestic vehicle OEMs

In the domestic market, passenger vehicle (PV) OEMs contributed more than 46% to the component industry's revenue, followed by two-wheeler manufacturers at 19%, and Medium and Heavy Commercial Vehicle (M&HCV) at 7%.Read more

BorgWarner Increases Power Electronics Business with European OEM

By combining the inverter and converter elements, the compact CIDD can manage both a vehicle's electric drive and its accessory systems.Read more

Surfex introduces automated shot peening for high volumes

Surface Finishing Equipment is a pioneer in shot blasting & shot peening machine, blast room system, paint booth & baking oven systems manufacturers in India. It unveils its revolutionary robotic shot peening machine for mass production.Read more

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