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Belgian Cycling Factory, HMC HIVE announce strategic partnership to invest $36 mn by 2026
As part of the partnership, Belgian Cycling Factory and HMC HIVE will work together to expand their existing range of products and build a combined portfolio of bicycles with advanced designs, product features and tech-enabled solutions.Read more
JSW's $4.81 bn investment powers up India's EV Manufacturing Hub in Odisha
JSW Group plans to allocate 250 billion rupees for an EV battery manufacturing plant and an EV components plant in the initial two phases of its investment strategy.Read more
Tata Motors set to kick off EV production at Sanand Plant in April
Tata Passenger Electric Mobility, a subsidiary of Tata Motors, had acquired the Sanand facility from Ford India for Rs 725.7 crore in January of the previous year.Read more
Tata Passenger Electric Mobility commences production at new facility in Gujarat
This event marks a significant milestone for the company and was celebrated with the roll-out of the first Tata branded car from this world class facility.Read more
Strong surge in Indian bus sales: Ashok Leyland, Tata Motors lead growth
From April to December 2023, Ashok Leyland reported a substantial 64% year-on-year surge in the sales of medium and heavy commercial vehicle buses, reaching a total of 11,216 units.Read more
Toshiba Transmission & Distribution receives Prestigious Star Performer Award from EEPC India
Toshiba Transmission & Distribution , a leader in India’s Transmission & Distribution equipment market, has been honoured with the Star Performer Award for the year 2019-20 by the Engineering Export Promotion Council of India.Read more
Honda explores $13.83 bn EV plant in Canada, eyes battery production
The Japanese automaker is exploring locations, including proximity to an existing automobile factory in Ontario.Read more
Global geared products market anticipates slowdown; India to prop up revenue
Interact Analysis forecasts a revenue decline of 1.9 per cent for the global geared motors and industrial gears market in 2024. It is expected that Indian and Southeast Asian markets will prop up revenue growth of geared products in APAC over the next couple of years. Read more
Tata Motors supplies 100 Starbus EVs for Bengaluru’s urban commuting
Bengaluru Metropolitan Transport Corporation (BMTC) inducts Tata Motors’ electric buses for comfortable, emission-free mass mobility.Read more
Tata Motors forecasts 30-40% growth in Indian EV Sales for 2024, unveils 3 New Models
Tata Motors is actively collaborating with CPOs to strategically place charging points along popular routes used by EV users.Read more
