Auto Industry

Lectrix EV, one of India’s leading 2WEV companies, has formed a strategic partnership with FYC Tech Pvt Ltd, popularly known as Jumppers, a pioneering last-mile delivery venture utilising an electric fleet.

HMC HIVE, a Hero Motors Company, from its integrated e-cycle manufacturing facility at Hero Cycle Valley in Ludhiana, announced its partnership with Belgian Cycle Factory, a leading cycling company in Europe and own...

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...

Gogoro Inc, a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, announced a vehicle partnership with Swiggy, India’s leading on-demand convenience deliver...

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-...

BYD India, a subsidiary of the world's leading New Energy Vehicle manufacturer BYD, announced the signing of a Memorandum of Understanding (MOU) with Bajaj Finance Limited (BFL), the lending arm of Bajaj Finserv Ltd...

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 ...

e-Sprinto has announced its ambitious plans to sell 10,000 eco-friendly electric two-wheelers by the end of the fiscal year 2023. Thus far, the bootstrapped startup has successfully sold over 5500 units of its innov...

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 ...

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...

Electric two wheeler manufacturer Ather Energy sold 3779 units in April 2022, recording a 255 per cent growth compared to April 2021. The company rolled out a new OTA upgrade to offer a new SmartEco mode.

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 ...

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...

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 ...

Hero Electric and the Mahindra Group announced their collaborative intent wherein the latter Group will manufacture Hero Electric’s most popular electric bikes – Optima and Nyx at their Pitampur plant to meet the gr...

Power Global, a leading provider of high-performance clean energy and mobility products for everyday applications, has announced a strategic partnership to supply its eZee swappable lithium-ion battery technology to...

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...

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...

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...

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...

Okinawa Autotech, a leading electric vehicle (EV) manufacturer has announced a range of milestones achieved over the last financial year, as well as the roadmap for the ongoing financial year. The company clocked a...

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...

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

Mahindra & Mahindra’s Farm Equipment Sector (FES), a part of the Mahindra Group announced an investment of CHF 4.3 million (US$4.3 million- Rs 30.04 crore approx.) for an 11.25% stake in Switzerland based agri techn...

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 ...

PlusAI, Inc., a leading global self-driving company focused on enabling large-scale autonomous commercial trucking fleets, showcased its full-stack L4 autonomous truck technology at CES 2019. PlusAI also demonstrate...

A new research report by Nissan India and Save LIFE Foundation brought attention to the startling number of Indians compromising their own but also their children’s safety. Released by Nitin Gadkari, Union Minister ...

Indian electric vehicle manufacturer Twenty Two Motors and KYMCO, a Taiwanese two wheeler manufacturer announced their partnership in India enabling them to share knowledge, technology and expertise to create premi...

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...

For lack of technical or economic synergies, leading automotive players Skoda Auto and Tata Motors Ltd have ended their detailed negotiations on a strategic partnership. Skoda has assessed and evaluated a potential ...

Triumph Motorcycles of UK and Bajaj Auto have announced a global partnership to deliver a range of mid-capacity motorcycles (300cc to 500cc) benefiting from the collective strengths of both companies. This partnersh...

Tata Motors and Castrol have announced the signing of a three-year strategic partnership agreement for supply of Commercial Vehicle Oils to Tata Motors globally. The agreement will cover over 50 markets including SA...

Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation, (MMC) have announced that they have signed a Basic Agreement to form a far-reaching strategic alliance between the two Japanese automakers. Following an MMC ...

Tata Motors has announced its strategic partnership with Bharat Forge Limited and General Dynamics Land Systems (GDLS) in the defence segment. Tata will be building Future Infantry Combat Vehicles (FICV) for the Ind...

The wholly owned subsidiaries of HMCL --- HMCL NA, Inc. and HMCL Americas, Inc.----as per a “Settlement Agreement,” have agreed that HMCL Americas Inc. will acquire the ownership of certain tangible and intangible a...

Leading automobile manufacturer in India Mahindra & Mahindra will invest around Japanese Yen 3 billion (USD 25 million / Rs 159 crore approx.) for acquiring 33pc voting stake in Japan based Mitsubishi Heavy Industri...

India’s leading manufacturer of two wheelers Hero MotoCorp Ltd (HMCL) has announced that the US based company Erik Buell Racing in which it had invested US $ 25 million (Rs 156 crore by today’s exchange rate) has ce...

The Renault-Nissan Alliance and Daimler AG will expand their five-year strategic cooperation into the pickup truck segment said a press note from Renault. Together, Nissan and Daimler will develop a 1-ton pickup tru...

Mahindra Two Wheelers Ltd. (MTWL), part of the Mahindra Group, and Peugeot Scooters (PMTC), part of the Euro 54 billion PSA Group based in France announced on January 20, 2015 that they have completed the necessary...

Mahindra Two Wheelers Ltd. (MTWL), an unlisted subsidiary of Mahindra & Mahindra has made a binding offer to acquire a 51pc stake in Peugeot Motocycles (PMTC), part of the Euro 54 billion PSA Group based in France, ...

Power management company Eaton has signed a framework agreement with Great Wall Motors Co. Ltd. (GWM) to create a long-term strategic partnership that drives growth for both companies through greater technical exch...

Mahindra Reva and Carzonrent, leaders in cab rental industry announced a strategic partnership to la

CEAT Ltd, an RPG Enterprise company and one of India’s leading tyre manufacturers and A K Khan & Com

Hero MotoCorp Ltd. (HMCL) has announced forging a strategic partnership with Erik Buell Racing (EBR)

Anand Mahindra, Vice Chairman and Managing Director, Mahindra Group, has been appointed Honorary Amb

Hinduja Group flagship Ashok Leyland and Krishnapatnam Port Company Limited (KPCL) have recently

Mahindra completes acquisition of Ssangyong