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India can achieve net-zero emissions by phasing out fossil-fuel cars by 2038
In the base case ETS, passenger electric vehicle (or electric car) sales continue to rise globally, even though growth has slowed in the US and Europe as a result of regulatory and political changes, and some automakers pushing back their EV targets. 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
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
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
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
India Inc. drives EV innovation for World Environment Day
World Environment Day is hosted on June 5.Read more
EMAG India shifts manufacturing landscape
In this interview with Rakesh Rao, Gujuraj Patil, MD, EMAG India, explores trends in the machine tool industry and new opportunities for EMAG.Read more