Auto Industry

Business leaders in the automotive space hailed the Interim Budget 2024-25 presented by Finance Minister Nirmala Sitharaman for its clear focus on strengthening the electric vehicle ecosystem at large.

In order to drive circular economy, the Society of Indian Automobile Manufacturers (SIAM), the apex automotive industry body, organised a seminar on 'Achieving Circularity in the Automotive Industry through Extended...

As India targets net zero emissions by 2070 and plans to meet 50 percent of its electricity requirements from renewable energy sources by 2030, Skoda Auto Volkswagen India has taken another significant step towards ...

Cummins Group in India, a leading power solutions technology provider, said it would present its Destination Zero decarbonisation strategy and product range at the 16th Auto Expo in the Indian capital New Delhi next...

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...

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.

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...

Scania India a capacity of 2500 trucks and 1000 buses. We have to double that by 2017-18. We need that by then. As soon as we reach a peak in India which I hope will not take many years, then we hope to export also.