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Goyal urges auto component makers to seek investment from EFTA countries

The minister urged the industry to create a road map to become the world's largest auto market, combining organic growth with international outreach. Read more

India's auto comp industry to triple to $200 billion by 2030

By 2030, sales to original equipment manufacturers (OEMs) could grow to $89 billion, while exports may soar to $100 billion, representing a CAGR of 30%.Read more

Panasonic unveils factory automation solution for Indian OEMs

These solutions comprise of a Network Function Integrated Type HL-G2 SERIES - Laser Sensor, Motion Controller GM1, and Minas A7 servo systems.Read more

CSI launches India operations to decarbonize India's auto sector by 2070

The report highlights that OEMs will need to invest approximately $ 323 billion to develop electric vehicles (EVs) alongside existing technologies.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

Tata Motors launches India’s first SUV Coupe-Curvv.ev

The car is priced at an attractive starting price of Rs 1.749 million with a long driving range of 585 km.Read more

BorgWarner receives BEV electric orders from global OEMs

BorgWarner’s eXD technology is applicable to all architectures, including front and rear drive units for electric, hybrid and ICE vehicles, and offers a wide range of selectable modes depending on vehicle performance needs.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

A rundown of the global battery recycling market

As the capacity of li-ion batteries increases, the amount of scrap batteries in production are also piling up fast, making battery recycling a focal point for the market.Read more

Auto component industry sees 9.8% rise with Rs 6.14 trillion trade surplus

Domestic component supply to original equipment manufacturers (OEMs) grew by 8.9% to Rs 5.18 trillion, with the electric vehicle (EV) manufacturing sector accounting for 6% of total component production.Read more

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