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JBM Auto secures $100 million for electric bus expansion
JBM ECOLIFE Mobility plans to utilise the funds to introduce 650 additional electric buses in multiple states in a phased manner.Read more
Bain Capital to invest in auto component maker RSB Transmissions
Bain Capital, a multi-asset alternative investment firm, invests across various asset classes, including private equity, credit, public equity, venture capital, real estate, life sciences, and insurance. 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
Mercedes-Benz to manufacture EQS SUV 580 in India
The EQS SUV 580, which is not yet available in India, features a 122 kWh battery and an impressive range of 809 km on a single charge, with a projected price of Rs 14 million.Read more
TSF Group showcases product line for global markets at IAA 2024
On display would be its extensive range of Braking solutions for the light commercial and heavy commercial vehicles including complete pneumatic braking systems.Read more
Goodluck India opens new Rs 2.1 billion hydraulic tubes plant
The new plant will manufacture hydraulic tubes with a diameter of 219 mm and a thickness of 15 mm, which are expected to replace imports and meet high domestic and international demand due to their specialised quality.Read more
Scania India appoints Silvio Munhoz as Managing Director
His appointment marks a new chapter, as the company continues to focus on delivering transport solutions and reinforcing its sustainability initiatives in the regionRead more
Automechanika displayed innovative futuristic mobility solutions
Sustainable technologies, products and solutions were a particular focus of this year’s Automechanika.Read more
India braces for EV surge with new model launches
Currently, EV adoption in India is around 2%, but the government aims for a 30% penetration in the passenger car segment by 2030.Read more
Ford to resume manufacturing in India for export markets
With engine manufacturing operations in Sanand, India remains Ford's second-largest salaried workforce globally.Read more