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EV import scheme can affect Hyundai’s business

This policy will enable foreign OEMs to set up manufacturing bases in India, and also enter the domestic sales market, which will also intensify competition in the industry.Read more

Tata Technologies, Microsoft & Tata Motors for InnoVent hackathon

Apart from cash prizes and paid internship opportunities being offered by Tata Technologies, top projects will also receive complimentary access to Microsoft Azure Sandbox and mentorship from experts at Tata Technologies and Tata Motors, emphasising real-world application.Read more

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

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

CEAT custom-builds tyres for futuristic car Bujji in film Kalki 2898AD

The block design with a circular support base ensures better traction and stability, while the special shoulder design is optimised for better cornering capabilities.Read more

Israel based EVR Motors to setup manufacturing unit in India

The company has already secured commercial agreements with prominent Indian automotive firms.Read more

VE Commercial Vehicles announces joint venture with iTriangle Infotech

The joint venture aims to strengthen VECV's surround-service portfolio for Eicher truck and bus customers, enhancing its ability to address the rapidly evolving people and logistics ecosystem in India and select export markets. Read more

DG Innovate sign joint venture with EVage Motors to enter domestic EV space

UK-based advanced R&D firm DG Innovate announced its entry into the domestic electric vehicle space with electric commercial vehicle startup EVage Motors. Read more

Tata Motors celebrates 9,00,000th vehicle rollout from Lucknow facility

The state-of-the-art manufacturing facility is a significant hub for production of commercial vehicles, including green mobility solutions.Read more

Increasing automation drives servo motors demand

The market for servo motors was significantly influenced by the growing use of automation across a number of industries, including manufacturing, automotive, electronics, and packaging, says Adroit Market Research report. Read more

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