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Hikrobot launches Forklift Latent Mobile Robot QF-1000 in India

The newly launched Forklift Latent Mobile Robot equipped with both the chassis and forks to combine flexibility with the ability of directly carrying pallet load.Read more

Škoda Auto Indiaunveils new compact SUV- Kylaq

The all-new compact SUV is Škoda Auto India’s first ever foray into the compact SUV segment.Read more

General Motors lays off over 1,000 software and services employees globally

The reduction primarily targets teams which oversees vehicle infotainment, OnStar services, and GM's Super Cruise advanced driver-assist system. Read more

Vivo secures partial occupancy certificate from YEIDA for new manufacturing hub

This milestone marks a key development in one of YEIDA’s initial large-scale projects, with the total built-up area reaching 160,000 square meters.Read more

India's automotive sector can help reach the $1 trillion export goal

As of FY 2023, India leads globally in manufacturing three-wheelers and tractors, ranks second in two-wheelers and buses, and third in passenger vehicles and heavy-duty trucks. Read more

Euler Motors unveils Rs 1 billion EV factory in Haryana; to supply 36,000 EVs

The plant features advanced automation technologies, including an EMS Hanger system for efficient vehicle handling, Trailing Arm Fitment Assist for improved assembly, and a vacuum-based brake oil filling machine to reduce spillage.Read more

L&T Semiconductor Technologies to secure 6 clients by September-end

The contracts are expected to total $150 million annually.Read more

Samvardhana Motherson reports Q1 results; rise in profit, loss in share price

Following the results, Samvardhana Motherson's shares fell by as much as 4.5%, closing 2.8% lower at Rs 182.9. Despite this decline, the stock has gained 70% in 2024.Read more

TVS Motor to invest Rs 22 billion in FY2; 50% to capex

TVS Motor's recent acquisition, Norton Motorcycles, will see the launch of six new products over the next three years. Read more

Amazon India partners with Gentari to deploy 10,000 EVs by 2025

By the end of 2023, Amazon India had already deployed over 7,200 EVs and is on track to meet its target of 10,000 EVs by 2025.Read more

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