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Toyota expands manufacturing in Karnataka with Rs 3,300 cr investment
This new facility, boasting a capacity of 100,000 units, will be situated approximately 35km from Bengaluru and has the potential to generate employment opportunities for up to 2,000 individuals.Read more
Talbros Automotive secures Rs 580 cr new business, including major EV order
A notable portion of this new business, valued at Rs 270 crore or 46% of the total, is related to electric vehicles (EVs) and comes from a prominent export original equipment manufacturer (OEM).Read more
Indian govt considers exempting key EV components from localisation norms
However, this new consideration is met with opposition from local players such as Mahindra & Mahindra and Tata Motors, as well as foreign companies with decades-long operations in India.Read more
Amitabh Kant urges to scrap import duties for exported goods
Kant suggested that while import duties on products intended for domestic consumption, such as furniture and food items, could be increased, maintaining competitive pricing for exports is crucial.Read more
Tesla turns to Made In India parts, diversifies suppliers from China
Key players in this supply chain include Sona Comstar, the largest Indian supplier for Tesla, along with Graziano Trasmissioni India (a DANA group company), Tata AutoComp Systems, CISWW Engineering India, and Bharat Forge.Read more
Valeo to supply electric powertrain for Mahindra & Mahindra’s EV program
The total order is close to 1 billion dollars and was already included in the total amount of orders for high voltage powertrain announced in Valeo’s Q3 results.Read more
UK-India FTA talks centered on mid-range Electric Vehicles market access
The British government is determined to gain access to India’s mid-priced EV market, particularly in the $40,000-$60,000 (Rs 33.30-49.9 lakh) range.Read more
MG Partners with Shoonya for sustainable EV Future in India
Companies’ Zero Pollution Mobility campaign led by NITI Aayog, alongside prominent leaders from the electric mobility sector in India.Read more
Amazon launches global last mile fleet programme in India with all EVs
The programme will help more than 300 Delivery Service Partners (DSPs) to make customer deliveries with zero tailpipe emissions.Read more
Honeywell Pioneers Safety Solutions for Growing EV Market in India
Company's lithium-ion battery safety sensors are instrumental in detecting potential battery fires, providing crucial protection for drivers.Read more