Auto Industry

Vector Consulting Group, India's fastest-growing management consulting company, unveils an in-depth research-based report on the Indian auto manufacturing industry.

On March 25th, BYD, the world's leading manufacturer of new energy vehicles and power batteries, became the world's first automaker to roll off its 7 millionth new energy vehicle, the Denza N7, symbolizing another g...

Greaves Cotton Limited announced the launch of a stirring Rap Anthem video titled '#CountMeIn' celebrating International Women's Day 2024.

Driven by a strong post-pandemic revival, evolving consumer tastes and need for sustainable mobility solutions, India's automotive sector is poised for its next phase of growth. A critical component will be the capa...

Ultraviolette Automotive, an electric two wheeler manufacturer, has appointed Ajay Shanker as its Chief Financial Officer (CFO). Ajay comes with a rich background spanning over 25 years in pivotal financial roles at...

ZF, the third largest supplier of automotive systems for passenger vehicles, commercial vehicles, and industrial technology, has inaugurated its manufacturing plant in Oragadam, Tamil Nadu.

In a landmark move for both the electric vehicle (EV) sector and e-waste management, Omega Seiki Private Limited (OSPL), a prominent figure in the electric vehicle industry, and Attero, a distinguished leader in e-w...

Bharat Petroleum Corporation Limited (BPCL), a leading player in the energy sector, marked a significant milestone at the India Energy Week 2024 in Goa. Prime Minister Narendra Modi reviewed the operation of the fir...

The 5th edition of ACMA Automechanika New Delhi 2024 has raised its curtain at Pragati Maidan, New Delhi. The show began with a renewed enthusiasm from the industry and is pleased to welcome 500+ exhibitors from Ind...

Honda’s group of companies in India, comprising Honda Motorcycle & Scooter India (HMSI),Honda Power Pack Energy India (HEID), Honda Cars India Limited (HCIL)& HIPP (Honda India Power Products) is participating in th...

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.

Hyundai Motor India has completed acquisition and assignment of identified assets at General Motors India’s Talegaon Plant in Maharashtra. The acquisition has been completed post fulfilment of certain conditions and...

In the year 2023 that marked the 60th anniversary of its foundation, Automobili Lamborghini set a record that will live in the company's history. For the first time, the House of Sant'Agata Bolognese delivered more ...

The aluminum die-casting specialist LMG Manufacturing inaugurated its new production hall in Hoym/Seeland after just ten months of construction.

Tata Passenger Electric Mobility Ltd. (TPEM), a subsidiary of Tata Motors, announced the start of production of passenger vehicles from its new factory in Sanand, Gujarat. This event marks a significant milestone fo...

BMW Group India has continued its record-breaking success in 2023 by posting the best-ever annual sales (January – December) – for all three brands – BMW, MINI and BMW Motorrad. BMW Group India delivered 14,172 cars...

Honda Motorcycle & Scooter India(HMSI) inaugurated a new3rd assembly line at its fourth two-wheeler plant at Vithalapur in the state of Gujarat (India)adding a capacity of 6.5 lakh units

The three-day 5th edition of ACMA Automechanika New Delhi is scheduled to hit the ground from February 1 to 3, 2024 at Pragati Maidan, New Delhi bringing together 500+ exhibitors from 12 countries.

Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry announced the findings of its Industry Performance Review for the first half o...

iVoomi, an electric two-wheeler OEM, is all set to redefine the way people experience electric vehicles by focusing strong on enhancing battery technology and introducing cloud data connectivity.

In a significant milestone, e-Sprinto, an electric two-wheeler manufacturer, has successfully sold over 8000 electric scooters since its inception in March 2022.

Continental announced a collaboration with Synopsys to accelerate the development and validation of software features and applications for the Software-Defined Vehicle (SDV).

Union Ministry of Roads Transport & Highways (MoRTH) is planning to introduce cashless medical treatment to all injured accident victims across the nation within the next three to four months.

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 ...

After posting the best-ever half-year in 2023, BMW Group India continues the success story by posting the best-ever year to date sales (January – September) – for all three brands – BMW, MINI and BMW Motorrad. In th...

Luxury car maker Mercedes-Benz India announced strong sales momentum in the January-September 2023 period, delivering 12,768 new cars to customers. With a growth of 11% YTD, Mercedes-Benz continued to witness all-ro...

Electric Vehicles (EV) penetration in India will reach 50pc by FY33 led by strong and sustained government support. Moreover, incentives of Rs 1.8 trillion over FY 24-28E would lead to battery demand of 250Gwh and e...

Michael Perschke, former Managing Director of Audi India, has been appointed to the Board of Goldstone Technologies (GTL), a pioneering Indian company specialising in business intelligence, data analytics and EV Tec...

Union Minister of Road Transport and Highways Nitin Gadkari launched the Bharat New Car Assessment Programme (Bharat NCAP) in New Delhi aiming to enhance road safety by elevating vehicle safety standards for up to 3...

Mini India announced the launch of Urban-X by Mini in India. Urban-X supports Indian urban tech startups for the first time under the global Mini Impact Program.

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...

Skoda Auto Volkswagen India Private Limited (SAVWIPL), has achieved the 600,000 export milestone for cars produced at its manufacturing facility in Chakan, Pune.

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.

Maruti Suzuki True Value has achieved a landmark milestone of selling 50 lakh pre-owned cars. Introduced in 2001, it has been a one-stop destination to buy and sell quality pre-owned cars. The hassle-free purchase a...

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...

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...

Vitesco Technologies, a leading international supplier of modern drive technologies and electrification solutions, is delivering its integrated axle drive EMR3 (3rd generation, Electronics Motor Reducer) to Honda fo...

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 SMEV has indicated reaching a possible breakthrough on the vexatious issue of subsidy payments that created a crisis in the EV industry and a log jam with the MHI.

iGowise Mobility (iGo), a leading deep-tech smart-mobility startup based in Bengaluru, has announced its initiative to transform the electric vehicle (EV) industry by providing a comprehensive holistic offering for ...

Seven of the world’s leading automakers – BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, Stellantis NV – are creating a joint venture to accelerate the transition to electric vehicles in North ...

Valeo, the global automotive technology provider, has set-up a second line in Sanand, Gujarat, to manufacture Ultrasonic Sensors in India.

Leading industrial and automotive supplier, Schaeffler India Limited announced the appointment of Aashish Bhatia as President Automotive Technologies (Automotive OE business).

The electric two wheeler industry in India is in disarray and in order to bring in a semblance of order, it has wrapped itself in saffron, or so it seems, for the time being, hoping to extricate itself from a sticky...

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...

Global leading industrial and automotive supplier, Schaeffler India Limited announced the inauguration of manufacturing hall 2 at its manufacturing facility at Savli, Vadodara Gujarat.

ReadyAssist and Okaya EV have announced their strategic partnership to provide a full stack after sale service and emergency assistance to Okaya’s B2B and B2C customers. Okaya EV is an EV 2-wheeler manufacturer and ...

JLR has announced a new collaboration with Everstream Analytics, the industry-leading supply chain mapping and risk analytics experts, which will embed AI into JLR’s supply chain management.

Usually every industry has a body that represents the genuine grievances, fears and wishes of companies it represents. The Society of Indian Automobile Manufacturers (SIAM) represents OEMs (vehicle manufacturers) op...

Honda Motorcycle & Scooter India (HMSI) has commenced all India despatches of Shine from its 3rd Factory in Narsapura (Karnataka).

Ceat Limited, a leading tyre manufacturer, has successfully completed a best practice Five Star Occupational Health and Safety Audit conducted by British Safety Council demonstrating its commitment towards the conti...

JLR announced plans to accelerate its transition to become the world’s leading modern luxury car manufacturer revealing its Halewood plant, in the UK, will become an all-electric production facility and its next gen...

ZF Aftermarket is expanding its product offering in India with the launch of three new TRW products. With the new products,

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.

Sun Mobility, the leading provider of energy infrastructure and services for electric vehicles (EVs), has entered into an association with Zomato, an online ordering and food delivery platform, to power 50,000 elect...

TVS Motor Company has announced that the TVS HLX series has achieved a milestone of 3 million sales across 54 countries. This is the fastest million milestone that the brand has achieved in 17 months and it represen...

“India should target making two and three-wheelers sales 100% electric in the next five years. This will not only help reduce air pollution but also ensure that we become a global manufacturing champion for electri...

Asia’s first multi-brand affordable mobility platform and India’s first and only digital-first two wheeler platform, DriveX has launched its first state of the art DriveX Technical Centre, a highly developed service...

BorgWarner has announced Brady Ericson will serve as President and Chief Executive Officer, and Chris Gropp will serve as Executive Vice President and Chief Financial Officer of the separate, publicly traded company...

Toyota Kirloskar Motor (TKM) announced that Ms. Manasi Tata will take over as the new Vice Chairperson with immediate effect. Furthermore, Ms. Manasi will also take over as the Vice Chairperson of Toyota Kirloskar A...

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 ...

With the focus on clean mobility, the electric powertrain is adopted across major vehicle segment globally. In India, Light Electric Mobility has already gained big momentum based on local driving and usage patterns...

Rosmerta, in association with SIAM, is all set to host the most promising awareness initiative on road safety. As a market leader in the mobility solutions, Rosmerta pioneers the innovation led products and solution...

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...

Altair, a global leader in computational science and artificial intelligence (AI), has invested $10 million in Xscape Photonics, a start-up that developed patented technology for photonic chips for ultrahigh-bandwid...

Saarloha Advanced Materials Private Limited (Saarloha), a Kalyani group company, has launched first of its kind in India, green steel under the brand “Kalyani Ferresta” in the presence of Jyotiraditya Scindia, Union...

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...

Apollo Tyres has inaugurated an advanced tyre testing facility, which is housed at its Global R&D Centre, Asia in Chennai, India. The new facility will help improve upon the efficiency and effectiveness of product d...

Schaeffler, leading global supplier to the automotive and industrial sectors, is expanding its software and electronics expertise. The company has inaugurated a new centre of competence in software development in Pu...

Spain based Grupo Antolin, a global supplier of technological solutions for car interiors, inaugurated its new state of the art Global Design and Business Services office in Pune.

Mercedes-Benz India announced an organisational change in its Sales & Marketing function effective from February 1, 2023. Lance Bennett, currently associated as the General Manager and Company Director, Mercedes-Ben...

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.

Technical plastics such as polyamide 6 offer numerous benefits for the design of battery enclosures for electric vehicles – in terms of sustainability, manufacturing costs, weight savings and economical functional i...

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...

Society of Indian Automobile Manufacturers (SIAM), the apex automobile industry body, organised its 62nd Annual Convention at New Delhi. Prime Minister of India Narendra Modi in his message highlighted the significa...

Kalyani Powertrain Limited (KPTL), a wholly owned subsidiary of Bharat Forge Ltd., is all set to drive the company’s vision for sustainable development, by investing in cutting-edge technologies. KPTL was founded i...

Leading industrial and automotive supplier, Schaeffler India Limited announced the flag-off of the second leg of Repxpert Mobile Aftermarket Technical Training Van.

TVS Supply Chain Solutions (TVS SCS), one of the largest and fastest growing supply chain solutions providers in India, announced the inauguration of its Training Academy at Oragadam, industrial corridor, near Chenn...

Mercedes-Benz today made an important organisational announcement. After an extremely successful stint in India, Martin Schwenk will assume the responsibility as the President and Chief Executive Officer, Mercedes-B...

The Indian automotive components industry has registered a turnover of Rs. 4.20 lakh crore (USD 56.5 billion) for the period April 2021 to March 2022, registering a growth of 23 per cent over the previous year.

Jaguar Land Rover, part of the Tata Motors Group, has taken another step towards a new era of electrification and connectivity by opening a facility to test the next generation of vehicles for electrical and radio ...

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.

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...

Integrated automotive and industrial supplier, Schaeffler India has inaugurated its first aftermarket experience centre in Pune. The Aftermarket division of Schaeffler is responsible for the spare parts business of ...

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...

Automotive supplier Mahle has developed the most durable electric motor available. The traction motor, which is unique on the market, can run indefinitely with high performance. A new cooling concept makes this tech...

Volvo Group is committed to becoming a climate neutral company by 2040 and this includes its supply chain and global suppliers from India. As a key milestone in this journey, Volvo Group in India launched the first ...

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.

iCreate (International Centre for Entrepreneurship and Technology) India's leading innovation-based start-up incubator announced the launch of EVangelise’22 - India’s largest EV innovation challenge, in partnership ...

The electric vehicle division of KLB Komaki, known for producing powerful and sporty electric two-wheelers is now ready to charge up India’s EV infrastructure with high-end peer-to-peer charging points across the le...

Okinawa Autotech, India’s No-1 selling electric two-wheeler brand has announced the setting up of a mega factory in Karoli, Rajasthan. It will be one of the most comprehensive units and the first such attempt made ...

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).

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...

BorgWarner’s battery management system (BMS) has been selected by a leading global vehicle manufacturer to equip the entirety of its B-segment, C-segment and light commercial vehicle platforms. Initially, model year...

Indian global automotive components manufacturer Advik Hi-Tech Private Limited”) has announced that it has signed a Joint Venture (JV) with Australian clean energy Company Pure Hydrogen Corporation Limited.

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...

Skill-Lync, an engineering ed-tech start-up, has announced that a team of 10 students and technical engineers have built a full-scale in-house SUV prototype called -Lyncer S1.

Magenta, a leading EV charging company, successfully developed and installed Delhi's first LEV AC EV charger under the state government's plan, which allows for the construction of private EV chargers for a net cost...

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 ...