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Bharat FIH shuts R&D and supply chain subsidiary amid revenue decline

In 2021, Bharat FIH had established two subsidiaries—Bharat Taiwan Corporation and Rising Stars Hi-Tech—to enhance research, product development, and engineering capabilities. Read more

PG Electroplast enters electric vehicle manufacturing for Spiro Mobility

Spiro Mobility, which recently opened a Global Technology Office in Pune, India, is planning to develop green mobility solutions for the Indian market.Read more

Schaeffler to lay off 4,700 jobs amid challenges in Europe’s auto sector

Overall, the job cuts will affect around 3.1% of Schaeffler's workforce of 120,000, which increased after its merger with electric powertrain specialist Vitesco.Read more

Atul Greentech and Jio Platforms partner to drive innovation in EVs

This collaboration leverages Jio's advanced IoT mobility technology, integrating cutting-edge hardware, software, and connectivity to provide real-time telematics data and high reliability for users.Read more

Kinetic Green appoints Manav Mehra as senior executive VP of 2-wheeler SBU

His focus will be on expanding the dealer network, boosting market penetration, towards service and sales excellence, and strengthening brand presence across the country.Read more

LML secures patent for 'LML Star' electric scooter design

The LML Star stands out with its unique and futuristic appearance, embodying LML’s philosophy of combining bold aesthetics with reliability.Read more

GOI introduces new EV charging guidelines to boost electric vehicle growth

The implementation of these guidelines is expected to stimulate public-private partnerships, involving state agencies, power utilities, and private stakeholders, ensuring a coordinated approach to expanding the EV charging network.Read more

JSW Group confirms Rs 400 billion EV project will stay in Odisha

The original plan involved setting up an EV vehicle and component manufacturing plant in Naraj, Cuttack district, and a copper smelter and lithium refinery in Paradip, Jagatsinghpur district.Read more

New energy vehicles to gain acceptance by 2030: Survey

Additionally, buyers indicated a willingness to pay up to 49% more for an EV.Read more

Min of Heavy Industries organises event celebrating FAME’s success in India

The FAME Scheme was launched to give a major boost to the development and adoption of electric vehicles in the country.Read more

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