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Rosmerta Technologies plans to invest Rs 200 crore scrappage initiatives
This significant expansion comes in the wake of the company's existing facility in Manesar (Haryana), capable of processing 30,000 vehicles annually.Read more
VinFast Auto explores Indian manufacturing, eyes entry into EV market
VinFast Auto proceeds with this investment plan, it would mark a significant milestone as the first Vietnamese automaker to establish a presence in India.Read more
Zetwerk unveils Rs 1000 cr investment plan to expand consumer electronics manufacturing
The company aims to focus on various aspects of EV technology, including battery management systems, battery packs, power drainage solutions, and associated electronic components.Read more
Maruti Suzuki targets record exports and expands electric portfolio
Maruti Suzuki plans to gradually expand its range of vehicles running on alternative fuels. To achieve this, the company intends to incorporate hybrid or electric vehicles into its export offerings.Read more
JBM Electric Vehicles forays into European Markets, launches all Electric City Bus
JBM Electric Vehicles, India?s leading electric bus manufacturer, launches all Electric City Bus ? ECOLIFE and Luxury Coach ? GALAXY at Bus World, Brussels 2023.Read more
Montra Electric, Ecofy to revolutionise EV Financing for vehicles in India
This strategic collaboration will make it easy for customers to own a Montra Electric Super Auto while expanding Ecofy's Commitment to Climate Finance and Accelerate the pan-India Adoption of Electric Mobility.Read more
Indian govt pushes for advanced vehicle connectivity to enhance road safety
A draft report from an Indian government panel suggests that automakers incorporating advanced connectivity features in vehicles, enabling communication with other vehicles and external systems, could receive better crash test ratings.Read more
Schaeffler announces merger with Vitesco, accelerating EV market presence
Both Schaeffler and Vitesco possess similar e-mobility technology portfolios. While Vitesco primarily deals in combustion-engine components, it has recently secured significant orders for its electric-drive division.Read more
India's E-scooter startups struggle amidst localisation challenges
A significant setback has emerged as several of these startups face criticism for importing parts from China instead of sourcing locally.Read more
Accord to supply millions of NavIC chipsets to in next 3 yrs, revolutionise vehicle industry
This development gains significance due to the government's mandate for a NavIC-based vehicle tracking system in commercial vehicles, and the imminent requirement for smartphones to integrate NavIC chipsets alongside other GPS.Read more