Auto Industry

Hyundai Motor Company and Kia Corporation signed a strategic partnership with Infineon Technologies AG,a global semiconductor leader, to secure power semiconductors in support of the growing electric vehicle demand ...

Wardwizard Innovations and Mobility Ltd., a pioneering electric vehicle manufacturer in India under the brand 'Joy e-bike', has taken a progressive step in the vision of establishing its EV Ancillary Cluster by sign...

Hyundai Motor India Limited (HMIL) has signed an Asset Purchase Agreement (APA) for the acquisition and assignment of identified assets related to General Motors India (GMI)’s Talegaon Plant in Maharashtra.

Mahindra & Mahindra and Temasek, the Singapore-headquartered global investment firm, have executed a binding agreement for Temasek to invest Rs. 1200 crore into MEAL (Mahindra Electric Automobile Limited), the four-...

The Society of Indian Automobile Manufacturers (SIAM), the apex body of the automobile industry, has launched the "Road Safety Education & Awareness Programme" exclusively designed for school students across the cou...

BorgWarner has been awarded additional high voltage coolant heater (HVCH) business with a premium European OEM for its mid-size electric vehicle platform, following an initial supply agreement in July 2022 for the O...

The Maruti Suzuki Board approved termination of the contract manufacturing agreement and exercising the option to acquire the shares of Suzuki Motor Gujarat Pvt Ltd (SMG) from Suzuki Motor Corporation (SMC) subject ...

The Indian State of Maharashtra and Gogoro Inc, a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, announced that the Maharashtra government had presente...

Modern Automotives Ltd. has become the first Indian company to achieve approval for deliveries of differential pinion shaft to BMW AG Munich. The order comprises 2.5 million units to be delivered by 2034.

The Indian State of Maharashtra announced a strategic energy partnership with Gogoro Inc. and Belrise Industries (erstwhile known as Badve Engineering Ltd) to establish an unprecedented battery-swapping infrastructu...

The Indian State of Maharashtra announced a strategic energy partnership with Gogoro Inc. and Belrise Industries (erstwhile known as Badve Engineering Ltd) to establish an unprecedented battery-swapping infrastructu...

Gestamp, the Spanish multinational Tier 1 supplier, specialised in the design, development and manufacturing of components for the automotive sector, announced its fourth hot stamping line in India at the 16th Auto ...

Sona BLW Precision Forgings Ltd. (Sona Comstar), one of the leading global providers of automotive technology solutions, has signed an agreement to acquire a 54% equity stake in Novelic, a Serbia-based company found...

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...

Honda Cars India Ltd. (HCIL) has announced that it has signed an agreement with Maruti Suzuki Toyotsu India Private Limited (MSTI) to offer its customers, an end-to-end solution for scrapping their End of Life Vehic...

Advik Hi-Tech Private Limited (Advik) and Nikki Co. Ltd. have signed a Technology Collaboration for CNG regulators in their efforts to bring sustainable innovations in Compressed Natural Gas (CNG) mobility solutions...

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...

Delta, a global leader in power and thermal management solutions, announced it has cumulatively delivered over 6,000 electric vehicle (EV) chargers to customers in India, a substantial milestone to foster the countr...

British International Investment (BII), the UK’s Development Finance Institution and impact investor and Mahindra & Mahindra (M&M) have executed a binding agreement to invest up to Rs. 1,925 crore each into a wholly...

The Flipkart Group, India’s homegrown internet ecosystem, has committed to setting an ambitious Net Zero target, to decarbonise its own operations by 2030 and the larger value chain by 2040.

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 ...

The Indian auto industry can leverage and partner with South Korea to develop the electrical vehicle (EV) market in India and through collaboration ,it can emerge as leaders for a large part of the world. This was s...

Leading Indian electric two wheeler manufacturer Okinawa Autotech has signed a joint venture agreement with Tacita, an Italian manufacturer of electric performance and cruiser motorcycles. The new company, born from...

Volkswagen and Mahindra & Mahindra Ltd. (M&M) are exploring the use of MEB electric components for Mahindra’s new “Born Electric Platform”. Both parties announced that they have signed a partnering agreement to eval...

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...

In a bid to transform itself into a high-tech company and focus on the existing growth of electronics, connectivity, electrical vehicles (EVs) product lines and the 2-wheeler segment globally, Varroc Engineering Lim...

Cimex Inc. Pvt. Ltd., BYD’s partner in Nepal, has signed an agreement for 50 units of BYD e6 with Self Drive Nepal Pvt. Ltd., a subsidiary of Spark Group for emission-free rental fleet operation. This is a single la...

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 ...

The ground-breaking ceremony for the manufacturing facility of HYM Drive Systems, a Joint Venture between Hero Motors and Yamaha Motors Co. (Japan) took place on April 2, 2022, presided over by Pankaj Munjal, Chairm...

Hero Electric has partnered with ReadyAssist, a leading 24/7 roadside assistance company for training and upskilling 20,000 mechanics for servicing EVs under its Private Garage Owners (PGO) initiative. With the risi...

Lanxess is securing strong support on its growth path and intensifying its long-standing cooperation with Siemens. The companies have now signed a contract for the procurement of technical goods for the global produ...

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...

Even as India gets ready to buy the premium electric car from BMW, the BMW iX that will be launched in the coming days in the country, globally there is reason for BMW to celebrate. BMW Group celebrated the delivery...

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...

Tata Motors Ltd (TML) and TPG Rise Climate have entered into a binding agreement whereby TPG Rise Climate along with its co-investor ADQ, shall invest in a subsidiary of Tata Motors that will be newly incorporated. ...

The Federation of Automobile Dealers Associations (FADA), the apex body representing the Indian auto retail industry has among its several demands to the government sought clarity on the Non-Disclosure Agreement (ND...

C4V, the U.S based technology provider, announced that it has secured a contract from India based electric vehicle manufacturer Omega Seiki Mobility to supply next generation high performance Lithium-Ion Batteries f...

LML Ltd, the erstwhile Kanpur (UP) based two wheeler manufacturer owned by the Singhania family is now the property of Yogesh Bhatia controlled SG Corporate Mobility Pvt.Ltd. SG Corporate owns Detel, the flagship b...

Napino Auto & Electronics Ltd., India’s premier Tier 1 automotive component manufacturing company, has announced a strategic partnership with Enedym Inc., a Canada based company with patented Switched Reluctance Mot...

Samvardhana Motherson Automotive Systems Group BV (SMRPBV), (a Motherson Group company), has signed an MOU with Marelli Automotive Lighting to explore a new technological partnership focused on smart illuminated ext...

In an exclusive interview, Uday Narang, Chairman, Anglian Omega Group & Omega Seiki Mobility talks about his company plans to enter the two and four wheeler electric vehicle space.

Convergence Energy Services Limited (CESL), a government of India company under Ministry of Power, signed an agreement with New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to provide 25000...

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...

Dao EV Tech, an electric mobility manufacturing start-up based out of Hyderabad has entered into a strategic agreement with Avon, a leading bicycles manufacturer in the country. As per the MoU, Dao EV Tech and Avon ...

ZF Friedrichshafen AG (ZF) has divested its entire equity stake in Brakes India, a leading supplier of braking systems in the Indian market and a global supplier of ferrous castings. The acquisition of ZF’s equity s...

In continuation of its efforts to promote India and Indians globally, Omega Seiki Mobility Pvt. Ltd. (OSM), part of the Anglian Omega Group has announced its partnership with India’s first DTM driver Arjun Maini for...

Can you recall any Indian automobile manufacturer that has a railway station named after it? Yes, the iconic Hindustan Motors Ltd. (HML) has one named after it and it goes by the name of “Hind Motor” railway station...

The Goodyear Tire & Rubber Company has announced that it has completed its acquisition of Cooper Tire & Rubber Company, finalising the merger agreement made public on February 22, 2021.

Convergence Energy Services Limited (CESL), a 100% subsidiary of Indian government owned Energy Efficiency Services Ltd (EESL) has forged key partnerships on World Environment Day in an effort to further the deploy...

BorgWarner has entered into a global agreement to supply its advanced eTurbo to a major European OEM for use in a high-voltage hybrid passenger car. BorgWarner's advanced electric boosting technology provides signif...

Siddharth Shriram, an eminent industrialist based in Delhi and hailing from a prestigious business family died on May 17, 2021 at the age of 76 due to covid related complications. He was admitted to Medanta Hospital...

As part of its growth strategy in the shared mobility space, Mahindra and Mahindra Ltd. (M&M) announced that it has entered into definitive agreements with shareholders of Meru Travel Solutions Private Limited (Meru...

A couple of days after Jagdish Khattar died on April 26, 2021, India’s leading car manufacturer Maruti Suzuki released half page obituaries in the country’s leading newspapers.

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 ...

Mahindra & Mahindra has signed an MoU with Mahindra MSTC Recycling Private Limited (MMRPL) towards offering its customers first of its kind end-to-end solution for scrapping of vehicles. MMRPL is engaged in the busi...

The Automotive Skill Development Council (ASDC) has signed a Memorandum of Understanding (MoU) with Magic Billion to explore possible future opportunities to impart genuine and specialised overseas opportunities to ...

Tyre majors Goodyear Tire & Rubber Company and Cooper Tire & Rubber Company announced that they have entered a definitive transaction agreement under which Goodyear will acquire Cooper in a transaction with a total ...

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...

Fiat Chrysler Automobiles or FCA as it is known has announced an expansion to the local product lineup in India, confirming that an investment of over $250 million (Rs 1828 crore approximately) has been committed to...

Mahindra & Mahindra and Ford Motor Company have mutually and amicably determined they will not complete a previously announced automotive joint venture between their companies.

Maruti Suzuki India in collaboration with Microsoft Research India has developed a smart phone based technology for testing applicants seeking driver’s license. The technology - HAMS (Harnessing Automobile for Safet...

A month after US motorcycle major Harley-Davidson announced its decision to shut its manufacturing unit in India, comes the news that Harley-Davidson and India’s leading motorcycle and scooter manufacturer Hero Moto...

Motherson Sumi Systems Limited (MSSL), via its Mexican subsidiary, Motherson Rolling Stocks S. de R.L. de C.V. (MRS), has signed an asset sale and purchase agreement to acquire the activities of Electrical Wiring In...

A Memorandum of Understanding (MoU), has been signed between eMatrixmile India Pvt Ltd and Magenta EV Solutions Private Limited for installation and commissioning of 'QYK POD' charging stations with associated infra...

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...

As both Fiat Chrysler Automobiles N.V. and Peugeot S.A. ("Groupe PSA") move towards the completion of their 50:50 merger as defined in the Combination Agreement announced on December 18, 2019, the two companies have...

Great Wall Motor (GWM), a global SUV manufacturer based in China has signed an MOU with the Maharashtra government to set up a state-of-the-art automotive manufacturing facility in Talegaon, committing an investment...

Amara Raja Batteries Limited, India’s leading Industrial and automotive battery manufacturer and Gridtential Energy, the inventor of Silicon Joule bipolar battery technology have announced that they have entered int...

Post its India debut, Great Wall Motor (GWM) is expanding its global footprint by signing an agreement for the purchase of General Motors’ manufacturing facility in Rayong, Thailand. This announcement is subject to ...

Varroc Engineering Limited, a global Tier-1 auto component supplier, has entered an agreement to manufacture EV Battery Management System (BMS) in India for Lithium Balance, a Danish BMS solutions provider.

The Central Bureau of Investigation (CBI) has booked former Maruti Udyog (now Maruti Suzuki) Managing Director and founder of Carnation Auto (the company was recently sold to Mahindra First Choice Services) Jagdish ...

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 ...

Barely five months after rejecting French auto major Groupe Renault as its bed partner, Fiat Chrysler Automobiles (FCA) has hopped back into the bed with another French automobile major – Groupe Peugeot S.A. Accordi...

Mahindra Two Wheelers Europe, a subsidiary of Mahindra & Mahindra Ltd. (M&M Ltd), will be acquiring all outstanding shares in Peugeot Motocycles (PMTC), taking its share to a complete 100pc. Peugeot Motocycles, a ma...

Ford India will be transferring its Indian operations, including its personnel and assembly plants in Chennai in Tamil Nadu and Sanand in Gujarat, as well as the Global Business Services unit, Ford Credit and Ford S...

Michelin and General Motors have presented a new generation of airless wheel technology for passenger vehicles — the Michelin Uptis Prototype (or “Unique Puncture proof Tire System”) — at the Movin’On Summit for sus...

Jaguar Land Rover and BMW Group have confirmed they are joining forces to develop next generation Electric Drive Units (EDUs) in a move that will support the advancement of electrification technologies, a central pa...

Anand Group, a leading manufacturer of automotive components in India, further consolidated its presence in the Indian automotive safety systems vertical. It announced the formation of a Tri-Party Joint Venture to m...

Fiat Chrysler Automobiles N.V. has delivered a non-binding letter to the Board of Groupe Renault proposing a combination of their respective businesses as a 50/50 merger. Groupe Renault has confirmed receipt of a pr...

Mahindra Group and Ford Motor Company have taken the next step in strengthening their ongoing strategic alliance in India with a definitive agreement to co-develop a midsize sports utility vehicle (SUV). Under the n...

Even though reports suggest that Groupe PSA would be using the iconic ‘Ambassador’ name for its electric vehicles in India in the future, there was no official confirmation on it during the unveiling of the Citroen ...

Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) have finally elaborated on their plans to work together not only in India but also globally by leveraging each other’s core strengths on electr...

Hyundai Motor Group and Ola, one of the world’s largest ride-hailing platforms, announced a strategic partnership under which Hyundai Motor Company (Hyundai) and Kia Motors Corporation (Kia) will make their biggest ...

Cero (Mahindra MSTC Recycling Pvt. Ltd.) has become India’s first authorised recycler for motor vehicles, having received accreditation by the Delhi Government on December 21, 2018. Cero, a joint venture between Mah...

Kia Motors India has signed a Memorandum of Understanding (MoU) with the state of Andhra Pradesh to collaborate on the ‘Partnership for Future Eco Mobility’, The partnership reinforces Kia’s commitment to support th...

The Mahindra Group took a big step forward in its commitment to becoming carbon neutral by 2040, with its Igatpuri manufacturing plant recently becoming India’s first carbon neutral manufacturing facility. This was ...

Mahindra First Choice Services (MFC Services) has entered into an asset acquisition agreement with the official liquidator of Carnation Auto (India) Pvt. Ltd. (CAPL). As a result, MFC Services will acquire key asset...

The new Electronic Control System developed by Magneti Marelli for the upcoming season of Moto2 was presented during the Technical Press Conference organised by Dorna at Circuit Ricardo Tormo in Valencia to present ...

Mahindra & Mahindra and Castrol India, a leading automotive and industrial lubricant manufacturing company in the country, announced the signing of a new strategic partnership agreement between the two companies. U...

Greaves Cotton, one of India’s leading diversified engineering companies, announced that they have entered into definitive agreements pursuant to which Greaves Cotton will acquire a majority stake in EV company Ampe...

Automotive major Fiat Chrysler Automobiles (FCA) has filed a trade complaint against the Anand Mahindra-controlled Mahindra & Mahindra (M&M) seeking to stop the latter from selling the Roxor off-road vehicle in the ...

Minda Industries Limited, flagship company of Uno Minda Group has announced acquisition of Germany based iSYS RTS GmbH, a leading developer of embedded systems and software to global vehicle manufacturers. The agree...

Audi, the German automobile manufacturer and Huawei, a leading information and communications technology company, have signed a memorandum of understanding (MoU) for a strategic cooperation. The agreement forms part...

The BMW Group and Chinese manufacturer Great Wall Motor have signed an agreement to produce MINI electric vehicles through a new 50:50 joint venture based in China. During an event for autonomous and connected drivi...

Audi AG and Hyundai Motor Group are driving the development of fuel cell technology. The two companies plan to cross-license patents and grant access to non-competitive components. The agreement is currently subject...

Synergies Castings Limited, India’s leading aluminium alloy wheel manufacturer announced the signing of an MoU with the Government of Andhra to establish a major greenfield aluminium casting and specialty alloy whee...

Rolls-Royce Power Systems and Pune-based automobile manufacturer Force Motors have signed a joint venture agreement in which Force Motors will hold a 51% and Rolls-Royce Power Systems a 49% stake. The new joint vent...

Pune based Kinetic Group’s company Kinetic Green Energy & Power Solutions Ltd signed a MOU (Memorandum of Understanding) with luxury brand Tonino Lamborghini to jointly set up a new joint venture company in India (i...

Interview with Pranav Desai, CEO, Laish-Madison Motor Werks Pvt Ltd.Cleveland CycleWerks is not just a motorcycle company but a brand born out of passion keeping in mind the need of riders around the world. They hav...

It was towards the end of 2017 that Bosch had successfully completed its sale of its subsidiary SEG Automotive Germany GmbH, the former Robert Bosch Starter Motors Generators Holding GmbH, together with all subsidia...