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TVS Motor acquires Italy's Engines Engineering S.p.A.

The acquisition highlighted TVS Motor’s commitment to strengthening its design and engineering base to accelerate the development of next-generation mobility platforms.Read more

Vedanta invests Rs 125 bn in metal manufacturing to advance EV industry

These funds will be used to expand aluminium, zinc, nickel, copper and steel capacity, strengthening electric vehicle (EV) supply chains and enabling India’s clean mobility transition.Read more

Pricol Limited to acquire Sundaram Auto Components’ Injection Moulding business

The debt-free acquisition is being made through an all cash deal for an amount of Rs 2.15 billion and is subject to adjustments, if any, as defined in the agreement at the time of closing the deal.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

Ola Electric secures PLI certification, paving the way for subsidies, boosting EV affordability

This achievement marks Ola Electric as the first Indian electric two-wheeler (e2W) company to secure certification under the PLI scheme, with the ministry reportedly granting approval on December 27 after a four-month process.Read more

BCIC advocates manufacturing growth for India's export ambitions

Bangalore Chamber of Industry and Commerce (BCIC) asserted that India's manufacturing sector must increase its contribution to the country's GDP from 16.5% to 20% to achieve the ambitious export target of $8.3 trillion by 2047.Read more

TN set to attract Rs 50,000 cr investments, generate 150,000 jobs in EV sector by 2025

Prominent EV companies contributing to the significant production in Tamil Nadu include Ola Electric, TVS Motor, Ather in Krishnagiri, Ampere Vehicles in Ranipet, BYD India in Kancheepuram, Stellantis in Tiruvallur, and E-Royce Motors in Coimbatore.Read more

TVS Motor launches NEO AMI 125 Scooter in Africa, expands global reach

With a business footprint spanning over 80 countries across Asia, Africa, and Latin America, the company recently expanded into the European market.Read more

TVS Motor forges strategic partnership with Emil Frey for key European markets

This partnership signifies a significant step towards global expansion for TVS Motor Company, leveraging Emil Frey's extensive distribution network and deep market insights in Europe.Read more

Tamil Nadu drives India's electric vehicle revolution

According to data from the Ministry of Road Transport and Highways’ VAHAN Dashboard, a total of 1,044,600 EVs were registered in the country until September 20, 2023, out of which 414,802 were produced in Tamil Nadu.Read more

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