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Setco Auto reports record-breaking H1 FY25 revenue and EBITDA growth

The EBITDA margin for Q2 FY25 stood at 16.2%.Read more

Jupiter Wagons shares surge 7% on acquisition of Log9's battery tech assets

The deal includes Log9’s engineering and production teams, as well as its manufacturing facility in Devanahalli, Bangalore.Read more

Tata Motors starts LNG-powered truck delivery to Clean Green Fuel and Logistics

A Memorandum of Understanding to supply an additional 350 units of Prima 5530.S LNG was also signed between Tata Motors and Clean Green Fuel and Logistics Pvt. Ltd.Read more

JK Tyre approves merger with Cavendish Industries

Shareholders of Cavendish Industries will receive 92 shares of JK Tyre for every 100 shares held.Read more

Thermo King launches upgraded high-roof truck solutions in Aisa Pacific

Featuring a series of innovative technologies, the newly upgraded solutions have significantly improved energy efficiency by 20%, offering exceptional performance for heavy-duty refrigeration trucks.Read more

CEAT inaugurates new Truck Bus Radial (TBR) line at Chennai facility

With a 25% green cover, 40% of the plant’s energy is sourced from renewable energy, including a 5 MW solar rooftop installation, with plans to increase this to 50% by 2025. Read more

Eicher incentivise purchase of new vehicles under Vehicle Scrappage Policy

The program supports the national endeavor to phase out old, unsafe and polluting vehicles.Read more

BorgWarner launches eFan system for heavy-duty BEV trucks

The eFan system is comprised of three components, including a fan, e-motor and integrated high-voltage inverter and has the capacity to reach up to 10 kW power and 40 Nm torque.Read more

EV startup River to open Rs 10 billion manufacturing facility in Telangana

The company has already invested about Rs 2.5 billion in its R&D facility and leased factory in Bengaluru, which has a capacity of 100,000 units per year.Read more

Bharat Forge Class-8 truck orders in North America fall to 14-month low

The defence-to-auto component-supplier Bharat Forge has presence in the class 8 trucks market in North America. Bharat Forge late last month had announced an additional investment of $40 million in Bharat Forge America.Read more

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