59 products launched, unveiled on Day 1 of Auto Expo 2023

On the first media day at the Auto Expo 2023 in Greater Noida, vehicle exhibitors in total launched and unveiled over 59 products, including both global and India premier.

HYM Drive Systems inaugurates manufacturing facility in Ludhiana

HYM Drive Systems, a joint venture between Hero Motors Ltd. and Yamaha Motors Co. (Japan), has inaugurated its plant at Hero E-Cycle Valley in Ludhiana. Pankaj Munjal, Chairman of Hero Motors Company, inaugurated th...

Brussels plant kicks off production for new Audi Q8 e-tron

On December 14, the first Audi Q8 e-tron drove off the production line at the Brussels plant. It marks the beginning of an era for the new top model in Audi’s electric SUV range. The plant has been a role model for ...

Skoda Auto Volkswagen India’s Aurangabad Plant switches to 100% Green Energy

Global auto leader Volkswagen Group’s Aurangabad facility has transitioned to 100% ‘green’ energy, well ahead of its 2025 target. With this achievement, Skoda Auto Volkswagen India Private Limited (SAVWIPL), which m...

BorgWarner produces 1,000,000th inverter, 13,500,000th viper power switch

BorgWarner, a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, recently announced major milestones at two of its production facilities. Its Suzhou facility produced i...

Honda Cars India reaches 2 million production milestone in India

Honda Cars India Ltd (HCIL), leading manufacturer of premium cars in India, announced that the company has reached the 2 million-unit milestone in cumulative production of Honda cars in India.

BorgWarner opens new plant in India

BorgWarner has inaugurated another plant in Thiruvallur District near Chennai, India, which provides extensive manufacturing, assembly and storage space. Having two sites operating in close proximity is expected to ...

Tata Motors Electric Mobility acquires Ford India’s Sanand plant

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have signed a Unit Transfer Agreement (UTA) for the acquisition of FIPL’s manufacturing plant...

TVS Motor Company sales grow by 13% In July 2022; 2W sales up 14pc

TVS Motor Company registered a growth of 13% in July 2022 with sales of 314,639 units as against 278,855 units in the month of July 2021.

Hero Electric to set up 2nd manufacturing unit in Ludhiana, Punjab

Hero Electric, India’s largest electric two-wheeler company, performed the ground-breaking ceremony of its second plant in Ludhiana, Punjab.

Hero Electric rolls out e-scooters from Mahindra’s Pithampur plant

Hero Electric announced the rollout of its first batch of electric scooters from Mahindra Group’s Pithampur plant in Madhya Pradesh. Earlier this year, Hero Electric had announced its 5-year partnership with Mahindr...

Mecwin India to set up components manufacturing plant in Karnataka

Mecwin India, one of the fastest-growing EV startups in the country is going to invest Rs. 50 crore for setting up one of the largest manufacturing plants for EV motors and controllers in Karnataka.

In a first, electric car Nexon EV from Tata Motors catches fire

A Tata Nexon electric car caught fire in Vasai area in Mumbai, Maharashtra late June 22, 2022. Incidentally, the Nexon EV is the highest selling electric car in India. Though in the recent past there have been sever...

BHTC inaugurates manufacturing facility and R&D centre in Pune

Behr-Hella Thermocontrol GmbH (BHTC), a global technology leader in the field of Automotive Displays / HMI Solutions and climate control and thermal management, has announced the launch of its state of the art, full...

Tata Motors signs MoU for potential acquisition of Ford India Sanand plant

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have signed a Memorandum of Understanding (MOU) with the Government of Gujarat (GoG) for the ...

Marelli launches Wireless Distributed Battery Management System

Marelli, a leading global automotive supplier, has expanded its range of battery management technologies for electric vehicles with a new state-of-the-art Wireless Distributed Battery Management System (wBMS).

EVR Motors, Badve Group partner to manufacture electric motors for EVs

Badve Engineering Ltd, one of India’s leading Tier-1 automotive manufacturing companies for Indian and global OEMs, and Israeli startup EVR Motors have announced that they are forging a strategic commercial agreemen...

Bhago Mobility Solutions acquires stake in Pastiche Energy Solutions

Bhago Mobility Solutions Private Limited (Bhago), the green energy vertical for Modern Automotive Limited (MAL) has announced its latest equity acquisition in Pastiche Energy Solutions (P) Ltd (Pastiche), one of the...

Napino Group forges licensing agreement with EVR Motors

Napino Auto & Electronics Ltd., India’s premier Tier 1 automotive component manufacturing company, has forged a commercial licensing agreement with EVR Motors, an Israeli start-up with a newly designed and patented ...

Neelanjan Banerjee new Global Head, Lubricant Additives Business, Lanxess

Neelanjan Banerjee will be taking over as the new Global Head of the Business Unit Lubricants Additives at Lanxess Corporation, USA effective July 1, 2022 after a brief work-in period.

MG Motor Halol plant to roll-out ZS electric vehicle 2022 soon

MG Motor's state-of-the-art manufacturing facility in Halol - Gujarat, will roll-out soon-to-be-launched ZS EV 2022 which mirrors MG's global U.K design cues. The new ZS EV brings to passengers best in class comfort...

Renault, Valeo, Valeo Siemens eAutomotive to develop new-gen automotive electric motor

Renault Group, Valeo and Valeo Siemens eAutomotive announced that they have signed a memorandum of understanding to form a strategic partnership for the design, co-development and manufacture in France of a new-gene...

Kinetic Green, AIMA partner to co-develop electric two-wheelers for India

Kinetic Green Energy & Power Solutions, India’s leading EV company, has today announced that they are entering into a collaboration with global electric vehicle giant, Aima Technology Group, to co-design and develop...

Skoda Slavia mid-size sedan rolls off production line in Chakan

As part of the India 2.0 project, Skoda Auto India has announced the commencement of production of its premium mid-size sedan, the Skoda Slavia, from its plant in Chakan, Pune in the state of Maharashtra.

LML Electric ties up with Saera Electric, makers of Yogo bikes

LML Electric, a company owned and controlled by Yogesh Bhatia (the man behind Detel electric bikes) has announced a strategic partnership with New Delhi based Saera Electric Auto, a sister concern of Satra Group of ...

High speed e-two wheeler sales jump 425pc, grabs 61pc of E2W market

The year 2021 has clearly shown that Indians have begun to prefer registered high speed electric two wheelers (E2W) as compared to non-registered low speed two wheelers. Thus, while registered high speed two wheeler...

Shema  E-Vehicle & Solar Pvt. Ltd. (SES)unveils two new electric 2-wheelers

Shema Electric, an Odisha based EV startup, displayed its array of electric two wheelers at EV India Expo 2021. The company unveiled its SES Tuff (High Speed) and SES Hobby (Low Speed) e-scooters. It also showcased...

E-bike sales will continue to increase rapidly in coming years

The India e-bike market was valued at USD 1.02 million in 2020, and it is expected to reach USD 30 million by 2026.

Gurpratap Boparai resigns as Skoda Auto India Managing Director

In a surprise corporate development, Gurpratap Boparai Managing Director of Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) has put in his papers with effect from January 1, 2022. The company stated that his successor...

Honda 2Wheelers India commences global engine manufacturing from Gujarat plant

Honda Motorcycle and Scooter India Pvt. Ltd. commenced the manufacturing of global engines from its 4th factory at Vithalapur (Ahmedabad district), Gujarat. Powering its 250cc (& above) category two-wheelers, the de...

Simple Energy to invest Rs 2500 crore in new plant in Tamil Nadu

Simple Energy, India’s longest range electric scooter, also among the top three EV start ups has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government for an investment up to Rs 2500 crore for co...

Ather Energy 2nd manufacturing facility in Hosur by 2022

Ather Energy, India’s leading EV scooter brand, commissioned its second manufacturing facility in Hosur to cater to the growing demand of its electric scooters - the 450X and 450 Plus. The company plans to manufactu...

Royal Enfield Thailand CKD unit commences operations

Royal Enfield announced commencement of operations of its exclusive local assembly unit and CKD facility in Thailand, one of the world’s largest automobile manufacturing hubs. Set up in partnership with GPX, this an...

Global leader in Motion Plastics, Igus, announces strong growth plans for India

Igus, the global leader in motion plastics, has announced an aggressive growth plan and strategy in the backdrop of 20 successful years of operations in India. As the 9th largest market globally and the 3rd largest ...

Greaves Electric inaugurates Rs 700 crore plant in Ranipet, Tamil Nadu

Greaves Electric Mobility, the e-mobility arm of Greaves Cotton Limited and one of the market leaders in the E-2W and E-3W segments, inaugurated its largest EV production facility in Ranipet, Tamil Nadu. The 35-acre...

Maruti Suzuki, largest car makers are now car crushers

Maruti Suzuki India Ltd (MSIL), the largest car makers in the country is now all set to become the largest car breakers of the country. The company has set up a vehicle scrapping and recycling unit at Noida in the s...

Battrixx launches dual power electric vehicle smart batteries

Battrixx, a wholly owned subsidiary of Kabra Extrusion technik Limited (KET), launched its Dual Power Electric Vehicle (EV) smart batteries.

Cars24 to launch Mega Refurbishment Labs in major Indian cities

Cars24, a leading e-commerce platform for pre-owned vehicles, has announced the launch of seven company-owned refurbishment centres called Mega Refurbishment Labs (MRLs) this year. These MRLs will be set up across 3...

TVS rolls out 100,000 unit of BMW 310cc motorcycle from Hosur facility

TVS Motor Company announced the roll out of 100,000 unit of BMW Motorrad’s 310cc series of motorcycles. The motorcycle was rolled out from the TVS Motor’s Hosur facility by KN Radhakrishnan, Director & CEO, TVS Moto...

Motherson company acquires 60pc stake in China joint venture for auto mirrors

Samvardhana Motherson Automotive Systems Group BV (SMRPBV) has acquired a majority stake in Nanchang JMCG Mekra Lang Vehicle Mirror Co., Ltd by Ningbo SMR Huaxiang Automotive Mirrors Ltd. (SMR NBHX); which is a 50:5...

Hero Electric to hike production capacity to over 5 lakh by March 2022

Hero Electric, India’s largest EV two wheeler maker, is expanding capacity of its all new production facility in Ludhiana owing to growing demand being witnessed by the brand. With this initiative, Hero Electric aim...

Ford to cease manufacturing vehicles in India: shuts down plants

Ford India has announced that it will cease manufacturing vehicles for sale in India immediately. The manufacturing of vehicles for export will wind down at Sanand vehicle assembly plant by Q4 2021, and Chennai engi...

HOP Electric plans 2nd manufacturing facility; signs 30 new channel partners

Electric two-wheeler manufacturer HOP Electric Mobility, having recently launched two unique products HOP Leo and HOP LYF, is now planning to expand its presence in multiple states and also set up a second plant.

Ampere Experience Center unveiled for electric vehicles

Ampere Electric, the e-mobility arm of Greaves Cotton and one of the leading players in the electric 2-wheelers and electric 3-wheelers has unveiled its first Ampere Experience Center in Ranipet in the southern stat...

10,000th Tata Safari rolls out of manufacturing facility

Automobile major Tata Motors has rolled out the10,000th unit of the all new Safari from its manufacturing facility in Pune. Despite all restrictions, after the 100th rollout in February 2021, the last 9,900 units o...

Mercedes-Benz prepares to go all-electric by 2030

Mercedes-Benz is getting ready to go all electric by the end of the decade, where market conditions allow. Shifting from electric-first to electric-only, the world’s pre-eminent luxury car company is accelerating to...

STMicroelectronics reveals highly integrated, flexible automotive LED driver

STMicroelectronics, makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities, has revealed a highly integrated and flexible automotive LED driver.

Ola Electric raises US$100 million debt from Bank of Baroda

Ola Electric and Bank of Baroda have signed the largest long-term debt financing agreement in Indian EV industry. This 10-year debt of US$100 million is towards the funding and financial closure of the Phase 1 of th...

Hero Electric raises Rs.220 crore from GII and existing investor OAKS

Hero Electric Vehicles has announced the first part of their Series B funding of Rs.220 crore. Gulf Islamic Investments (GII) led the round along with participation from OAKS.

Nissan unveils EV36Zero in UK, a one billion pound Electric Vehicle Hub

Nissan has unveiled Nissan EV36Zero, a one billion pound (Rs 10,000 crore approx.) flagship Electric Vehicle (EV) Hub creating a world-first EV manufacturing ecosystem.

Hyundai Motor India rolls out 10 millionth car from Chennai plant

Leading car manufacturer Hyundai Motor India Ltd (HMIL), achieved a production milestone by rolling out its 10 millionth car from its manufacturing facility in near Chennai in the southern state of Tamil Nadu.

Electric 2 and 3 wheeler makers give thumbs up to FAME II subsidy hike

The electric vehicle industry has welcomed the Indian Government's move to increase subsidy to electric bikes and scooters by 50%, subject to those that meet the Faster Adoption and Manufacturing of Hybrid and Elect...

Interview with Woosuk Leem, Managing Director, AS Parts Division, Mobis India

Motown India speaks to Woosuk Leem, Managing Director, AS Parts Division, Mobis India to get more details about the Hyundai Mobility Membership App and its advantages.

Toutche Electric plans aggressive network expansion in India for e-bicycles

In a bid to capture the new e-bike boom, Toutche Electric, one of the fastest-growing startups in the micro-mobility space has announced an aggressive roadmap to expand its dealer network in India.

Indian auto industry covid-19 relief: Part 4

Nitin Gadkari, Minister of Road Transport & Highways, Micro, Small & Medium Enterprises, Government of India recently requested Rajeev Chaba, President and Managing Director, MG Motor India and Paytm Founder & CEO V...

Ola EV is new, fully electric vehicle only category, available across London

Ola, one of the world’s leading mobility companies, announced that it is launching a new electric vehicle category on its ride hailing platform, which will allow riders to specifically book rides in a fully electric...

Oxygen, medical help pour in from Indian auto companies among shut downs

The Indian auto industry is going all out to help the country in production of oxygen, even as it is grappling with woes at its own end. India Yamaha Motor (IYM) is among the companies that have decided to suspend m...

Stellantis announces key leadership appointments for India & Asia Pacific region

Stellantis India & Asia Pacific has announced key leadership appointments for its operations both within in India and the region. Roland Bouchara, has been appointed to the role of CEO &Managing Director for Stella...

Kia India gets new company logo & slogan ‘Movement that inspires’

Changing its name from Kia Motors India to Kia India, this wholly owned subsidiary of Kia Corporation of South Korea has announced the relaunch of its brand in India with a focus on illuminating its transition from...

Huawei launches a full set of intelligent vehicle components for OEMs

At Auto Shanghai 2021, Huawei has launched its next-generation intelligent components and solutions, including the 4D imaging radar, AR-HUD, and MDC 810 during its Huawei Inside (HI) product launch titled "Focused ...

Jaya Hind Industries extends tech cooperation with KS Huayu Alutech Germany

Jaya Hind Industries Private Limited, a Dr. Abhay Firodia group company, which has had a 12 year-long successful technical tie-up with KS Huayu Alutech GmbH (KSATAG) announced that the agreement for the manufacture ...

FY2020-2025 revenue to remain modest for Indian Components industry, says ICRA

India’s leading rating agency ICRA has estimated that the revenue decline for the Indian auto component industry will be limited to 6-8% in FY2021 supported by the better-than-expected demand pick-up across most seg...

ASDC, FADA join hands with Google to lead industry’s Digital Transformation

Recognising the need to prepare over 20,000 auto dealerships to engage with customers in the ongoing and post pandemic era, Automotive Skills Development Council (ASDC) and Federation of Automobile Dealers Associati...

TVS Motor Company inaugurates new Dubai showroom

TVS Motor Company has inaugurated a showroom in Dubai. The company announced a new distribution partnership with Public Motors, part of the reputed Ghaf Investments L.L.C, in the United Arab Emirates.

Ather Energy offers first glimpse of 123,000 sq. ft. Hosur EV manufacturing facility

Ather Energy, India’s first intelligent electric vehicle manufacturer, began operations from its mega-factory in Hosur, Tamil Nadu from January 2, 2021. Since then, Ather Energy has begun deliveries in Mumbai, Pune,...

OLA to deploy ABB robotics, automation solutions at electric scooter factory

Ola, one of the leading mobility companies in the world, has announced that it has selected ABB as one of its key partners for robotics and automation solutions for its mega-factory in India that will roll out the m...

UNION BUDGET 2021-22 & INDIAN AUTO INDUSTRY

The Union Budget 2021-22 presented by Nirmala Sitharaman, Union Minister of Finance may have got a standing ovation from the punters of the Indian stock market, but for the Indian auto industry, the direct benefits ...

Royal Enfield forays into Japan with first standalone, flagship store in Tokyo

Royal Enfield, manufacturers of mid-size motorcycles (250 cc - 750cc), has announced the launch of its first standalone, flagship Store in Tokyo, commencing its operations in Japan. Located in Suginami-Tokyo, the ne...

Maruti Suzuki begins production and export of Jimny SUV from India

Maruti Suzuki India has commenced export of Suzuki’s celebrated compact off-roader Jimny from India. The first shipment of 184 units left from Mundra port to Latin American countries such as Columbia and Peru. The i...

Earth Energy EV to launch six new electric scooters and commercial vehicles

Earth Energy EV, an automotive startup has announced its plans to launch six new commercial and non-commercial vehicles commercially in the market this year. The company plans to introduce electric vehicles with 96%...

2021 TVS Apache RTR 160 4V launched in Bangladesh

TVS Motor Company has introduced the 2021 TVS Apache RTR 160 4V with Bluetooth enabled TVS SmartXonnect in Bangladesh. This is the first-of-its-kind two-wheeler connected cluster technology in the country.

Honda Cars India stops production at Greater Noida factory

Honda Cars India Ltd. (HCIL) has stopped production of its cars at its Greater Noida plant. The Japanese company has two plants in India, one in Greater Noida which was established first, and the other at Tapukara ...

Daimler, Infosys tie up for technology-driven IT infrastructure transformation

Daimler AG and Infosys of India have announced a long-term strategic partnership for a technology-driven IT infrastructure transformation.

Mercedes-Benz starts local production of AMG in India

Mercedes-Benz India has commenced local production of the first-ever AMG vehicle in India- the AMG GLC 43 4MATIC Coupé. With this Mercedes-Benz India will be producing the new generation cars (NGC), the sedans, the ...

TVS Apache crosses 4 million global sales milestone

TVS Motor Company has uncorked the bubbly for reaching the 4 million global sales milestone for its premium motorcycle brand, TVS Apache. Launched in 2005, the TVS Apache series is the fastest-growing premium motorc...

Bridgestone custom built Potenza tyres for Maserati MC20

Bridgestone has been selected as the exclusive tyre supplier for the MC20, Maserati’s new super sports car. This collaboration between two industry leaders conquers new ground, with Bridgestone enhancing the incredi...

Tata Power, Tata Motors sign PPA to commission India’s largest carport at Pune

Tata Power, India's largest integrated power utility has achieved a new milestone by signing a Power Purchase Agreement (PPA) with Tata Motors to commission India’s largest carport. With 6.2 MWp capacity, the projec...

Toyota, Honda to test mobile power generation / output system

Toyota Motor Corporation (Toyota) and Honda R&D Co., Ltd. (Honda) will create a mobile power generation/output system, Moving e

Studds sets up Asia's biggest helmet manufacturing facility in Haryana

Studds Accessories Ltd., the world’s largest manufacturer of two-wheeler helmets (in terms of volumes sold in a year), has commenced operations at its new, state-of-the-art manufacturing facility at Faridabad in Har...

ABB India new robotics facility to cater to automotive industry

ABB India has opened a new robotics facility in Bengaluru in the state of Karnataka in South India to cater to several industries including automotive. ABB is one the leading suppliers of robot, robot systems and ma...

Lanxess polyamide 6 comes handy in making hybrid vehicle bolster

Thermoplastics with easy-flowing properties are usually somewhat more expensive than comparable standard materials; however, they offer advantages that ultimately pay off in terms of processing, production costs and...

Apollo Tyres aims leadership in premium two-wheeler segment in India

Apollo Tyres is aiming for leadership in the premium two-wheeler segment in India, and service the global markets with high-end bias and steel radial tyres. The premium segment constitutes nearly 20% of the two-whee...

Huawei partners with carmakers to cultivate 5G automobile ecosphere

Huawei, the world’s leading information and communications technology (ICT) provider, has established an alliance with 18 automakers to build a 5G-enabled automobile ecosphere to accelerate commercial use of 5G tech...

COVID-19 PANDEMIC: Indian auto industry puts best foot forward

In spite of the fact that the Indian auto industry will be incurring a loss of approximately Rs 50,000 crore in turnover for the 21-day plant shutdown as a result of the countrywide lockdown due to the ongoing coron...

M&M, Maruti Suzuki, Krishna Maruti, Bharat Seats gear up to make ventilators, masks

Unmindful of the huge losses that the auto industry is incurring because plant shutdowns as a result of the country-wide lockdown in the midst of coronavirus or covid-19 fears, several auto companies and auto compon...

Valeo launches universal flat wiper blades in India

Valeo, the global automotive technology supplier has launched Universal Flat Wiper Blades for the Indian market. This advanced wiper technology will be manufactured at Valeo’s Vallam site located near Chennai.

Coronavirus can disrupt India’s automotive supply chain, says ICRA

The domestic automotive industry is likely to be negatively impacted due to the recent outbreak of coronavirus (COVID-19) across China and neighbouring countries in South-East Asia.

NEI aims investment of Rs  100 crores; launches needle bearing

National Engineering Industries Ltd (NEI), part of the CK Birla Group, launched ‘needle bearing’ as a part of its comprehensive range of bearings at Auto Expo Components 2020 in New Delhi.

Renault India commences exports of Triber MPV to South Africa

Renault India has commenced exports of Renault Triber MPV to South Africa. Renault Triber MPV accommodates seven adults in less than 4 meters. Renault Triber also offers 625L boot space - the largest boot capacity o...

Delhi gets new electric vehicle policy; Industry hails move

In order to curb rising pollution, the capital city of New Delhi is serious about getting in more electric vehicles to replace IC engine powered vehicles. Announcing its EV policy, the Delhi government aims to regis...

Anand Mahindra, Dr Goenka part of top M&M management restructuring

Anand Mahindra will take on the role of Non-Executive Chairman of the Board of Mahindra & Mahindra Ltd with effect from April 1, 2020. Dr. Pawan Goenka will be re-designated as Managing Director and CEO of the compa...

Volkswagen India gets rooftop solar PV power project in India at Chakan facility

Volkswagen India Pvt Ltd (SAVWIPL) has successfully installed its largest rooftop solar PV power project in the auto Industry world-wide and one of India’s largest rooftop installation at its manufacturing facility ...

From candle light to digital light, automotive lighting with Mercedes-Benz

Believe it or not, in 1886 the world’s first cars were equipped with candle lights. More than a century later, modern cars of today are equipped with digital lights. Mercedes-Benz takes you through this journey of t...

Hyundai plant in Ulsan to use BASF Elastoflex for production of car seats

Hyundai Motor Company’s (HMC) plant in Ulsan will exclusively use BASF Elastoflex flexible polyurethane (PU) foam systems for the production of its car seats. The highly resilient PU foam is a low volatile organic c...

Dürr presents first automatic guided vehicles for paint shop of future

Automobile production of the future is moving away from the production line and toward modular workstations. An important feature is flexible automatic guided vehicles or AGVs for short. Dürr presented for the firs...

First Kia Seltos rolls out of Anantapur plant

Kia Motors India has rolled out the production version of its first car for India, the Seltos, manufactured at its state-of-the-art facility in Anantapur, Andhra Pradesh. The first Kia Seltos was rolled off the asse...

Revolt Intellicorp rolls out first RV 400 electric motorcycle from Manesar Plant

The much-awaited Revolt RV 400 – India’s first AI-enabled motorcycle has been rolled out from Revolt Intellicorp’s Manesar plant. The motorcycle has been developed after two years of intensive research to localise i...

Tata Motors passenger vehicle domestic sales drops 31pc at 10485 units in July 2019

Leading automobile company Tata Motors recorded a decline of 31% in passenger vehicle domestic sales at 10,485 units, as compared to July 2018 sales which is in line with the decline on the industry (31%), and as a ...

KSL Cleantech Limited, Huaihai Holding Group JV for electric vehicle business

KSL Cleantech Limited (formerly known as Kirti Solar Limted) has entered into a Joint Venture (JV) with the China’s Huaihai Holding Group, one of the largest companies in the field of electric mini vehicles.

GST rate on all electric vehicles reduced from 12% to 5%

The government has announced the reduction of Goods and Services Tax (GST) rate on all electric vehicles from 12% to 5%. The GST rate on charger or charging stations for Electric vehicles is also reduced from 18% to...




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