TVS buys majority stake in personal e-mobility co. EGO Movement

TVS Motor Company has announced a partnership with Swiss technology company EGO Movement as a majority shareholder, in an all-cash deal through its Singapore Subsidiary TVS Motor (Singapore) Pte Ltd. The partnership...

Schaeffler showcases innovations in field of e-mobility

Automotive and industrial supplier Schaeffler has presented its vision of sustainable mobility in its “On Track to Sustainable Mobility” showcase at IAA Mobility 2021. Along with product innovations such as its 3-in...

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.

Napino Group, Enedym partner  for SRM technology

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...

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...

Motherson, Marelli to get into smart illuminated exterior body parts for cars

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...

Bajaj Auto to gain post simplified equity structure in Pierer Mobility

Bajaj Auto’s clout in the global motorcycle market, both in the conventional IC engine space as well as the electric two wheeler space, will increase considerably once the proposed simplified equity structure in the...

Anand Group, Mando Corp set up JV company for EV components

Auto component manufacturers Anand Group of India and South Korea based Mando Corporation have announced the setting up of a new joint venture company called Anand Mando eMobility Private Limited for manufacturing a...

Sterling Gtake bags Rs 60 crore order for high speed electric 2W application

Sterling Gtake E-mobility Ltd (SGEM), NCR-based motor control units (MCUs) manufacturer for electric vehicles has announced that it has secured an order worth Rs 60 crore for MCUs from a leading 2W EV OEM.

AP procures 25000 electric 2 wheelers for govt employees

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...

Mahindra Electric appoints Suman Mishra as CEO

Mahindra Electric Mobility Ltd. (MEML), part of the Mahindra Group, announced the appointment of Suman Mishra as the Chief Executive – Mahindra Electric Mobility Ltd. (MEML) as a Whole-time Director with effect from...

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.

Dao EV, Avon alliance for mechanical parts for electric 2 wheelers

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 ...

Omega Seiki Mobility inks deal with Arjun Maini for DTM race

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...

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...

Pratap Bose lead Mahindra new Global Design Organisation

Mahindra Group has announced the appointment of Pratap Bose, a former senior employee of Tata Motors, as the Executive Vice President and Chief Design Officer to lead its newly formed Global Design organisation.

Goodyear completes acquisition of Cooper Tire & Rubber Company

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.

CESL signs agreements for over 30,000 e-vehicles with Goa, Kerala

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...

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.

Okinawa Autotech aims to clock Rs 465 crore revenue in FY 22

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...

TVS Motor Company appoints new leadership team at Norton Motorcycle

TVS Motor Company (TVS), owner of Norton Motorcycle Co Ltd (Norton) has announced the appointment of Dr Robert Hentschel as Chief Executive Officer (CEO) and Vittorio Urciuoli as Chief Technical Officer (CTO) of the...

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...

Hyundai Mobis offers deals, discounts on Hyundai accessories

With a view to promote the ease of mobility for its customers anytime, anywhere, Mobis India Limited, a player in manufacturing high-quality automotive parts and accessories for Hyundai Motors in India has offered a...

M&M step us equity stake in Meru Travel Solutions to 100pc

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...

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...

Omega Seiki MoU with C4V to introduce solid state batteries in India

Omega Seiki Pvt. Ltd., part of Anglian Omega Group of companies, announced that it will be bringing advanced chemistry cells to India in association with New York based companyC4V.C4V plans to become the first lithi...

ACMA Automechanika show gets virtual with no physical meeting

Marking the launch of ACMA Automechanika's virtual edition, Messe Frankfurt India along with ACMA (Automotive Component Manufacturers Association of India) will welcome aftermarket players on its online networking a...

Spark Minda partners with Israel based company for ADAS technology

Minda Corporation Limited, the flagship company of Spark Minda, has announced its partnership with Israel-based Ride Vision, a leading ADAS (rider assistance systems) solutions company, to bring its range of Artific...

Ralf Speth is TVS Motor Company Director, will succeed Venu Srinivasan as Chairman

TVS Motor Company has announced the appointment of global automotive industry icon Prof Sir Ralf Speth to its Board of Directors. The company further announced the appointment of Kuok Meng Xiong as an Independent D...

TVS Eurogrip launches 11 new tyre products for replacement market

TVS Srichakra Ltd., a leading manufacturer of 2 & 3 wheeler and off-highway tyres, announced the launch of eleven new products for the replacement market: eight new high-performance tyre sizes for motorcycles, two f...

Goodyear to acquire Cooper Tire & Rubber Co in US $ 2.5 billion deal

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 ...

Jeep Wrangler SUV is now assembled in India

Just one month after the comprehensive go-local strategy was announced by Jeep brand, Jeep India has commenced local assembling of the 2021 Jeep Wrangler in its Ranjangaon joint venture manufacturing facility.

TVS Motor Company appoints Timothy Prentice as Vice President – Design

TVS Motor Company has appointed Timothy (Tim) Prentice as Vice President – Design at TVS Motor Company. Tim is among the most acclaimed motorcycle designers globally, with significant motorcycle design milestones an...

Countdown begins for ACMA Automechanika show in New Delhi- AUTO COMPONENTS

Gearing up for the new edition of the trade fair in New Delhi, organisers of ACMA Automechanika – Messe Frankfurt India and the Automotive Component Manufacturers Association (ACMA) shared their insights on the need...

Ampere Electric plans Rs 700 cr investment for EV manufacturing plant in Tamil Nadu

Two years after its first acquisition in e-mobility, Ampere Electric, the wholly owned electric mobility subsidiary of Greaves Cotton Ltd, announced phased investment potential of Rs 700 crore over 10 years to set u...

Electric vehicles in Delhi achieve 20 million kilometres on road

Electric vehicles (EV) deployed in Delhi have completed 20 million kilometres on the road. This has resulted in a reduction of 500 kilograms of particulate matter emissions, contributing significantly to cleaner air...

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: There is a buzz in the Electric Vehicle Space

The Union Budget 2021-22 presented by Nirmala Sitharaman may not have given a single sop to the electric vehicle industry but those in this electric vehicle space are upbeat over the indirect measures in the Union B...

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 ...

Stellantis begins its journey with new Board of Directors AUTO INDUSTRY NEWS

Finally and formally two major car companies of the world, Peugeot S.A. (Groupe PSA) of France and Fiat Chrysler Automobiles N.V (FCA) of Italy, have merged and a new entity has emerged, Stellantis. The word Stellan...

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%...

ICAT event stresses on new tyre technologies, including airless tyres

Various kinds of modern technologies as well as policies relating to tyres were discussed threadbare at the 4th edition of International Symposium on Automotive Tyre Technology organised by the International Centre ...

Hero Electric partners with Earth Ride to provide e-bikes to youth

Electric two wheeler company Hero Electric has announced its partnership with Delhi-based start-up Earth Ride, to provide e-bikes to the youth of the country searching for new business enterprises.

FADA registration data reveals 11pc YOY growth in Dec 2020

The Federation of Automobile Dealers Associations (FADA) released the monthly vehicle registration data for the month of December 2020. The December registrations for the first time in FY20-21 witnessed positive gro...

Electric two wheelers witness tepid growth despite Govt subsidy, says ICRA Survey

The demand and volumes of electric two wheelers (e-2Ws) have witnessed a very lackadaisical growth in recent years and despite the government’s thrust on adoption of electric vehicles (EV).

 Kia unveils new corporate logo and global brand slogan

Kia has revealed its new corporate logo and global brand slogan that signify the automaker’s bold transformation and all-new brand purpose. The introduction of the new logo represents Kia’s ambitions to establish a ...

Peugeot, Fiat Chrysler reveal logo of Stellantis

Peugeot S.A. ("Groupe PSA") and Fiat Chrysler Automobiles N.V. ("FCA") have revealed the logo of Stellantis, the new group that will result from their 50:50 merger.

By 2030, 4W passenger vehicles, buses will see least e-adoption at 12-15 per cent

In another decade or so, by 2030, while buses and 4-wheeled passenger vehicles will have the least level of electric adoption, it will be two and three wheelers that will see a large adoption of electric vehicles. T...

ACMA Automechanika New Delhi to be held in April 2021

Finally there will be a physical meeting with the 2021 edition of ACMA Automechanika New Delhi show being organised in April 2021. This will be the first meeting point for “face-to-face networking” to revive trade d...

Tata Technologies, GKN Automotive join forces

Tata Technologies, a global engineering and product development digital services company, and GKN Automotive, a global leader in driveline systems and advanced ePowertrain technologies, announced the opening of an a...

Electric two-wheeler  sales up in Sept 2020 by 72%, says SMEV

The electric two-wheeler industry is showing signs of revival. According to the Society of Manufacturers of Electric Vehicles (SMEV), in September 2020, sales of High-Speed Electric two-wheelers (HS E2W) have increa...

eMatrixmile, Magenta to install QYK POD charging stations for EVs

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...

Ultraviolette Automotive receives Rs 30 crore funding from TVS

Following the successful nationwide unveiling of its high-performance motorcycle - the F77, Ultraviolette Automotive Pvt. Ltd., an innovator in sustainable mobility, announced that it had received an additional inve...

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

BorgWarner begins supply of EGR modules for FCA mild hybrids

BorgWarner’s exhaust gas recirculation (EGR) module which includes cooler and valve will be the company’s first gasoline EGR module to be used on mild-hybrid engine technology for Fiat Chrysler Automobiles (FCA) in ...

Tata Motors delivers Tata Tigor EVs to Ministry of Ayush

Tata Motors has delivered Tigor electric vehicles to the Ministry of Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homoeopathy (AYUSH) in Delhi, as a part of its tender with EESL. The first batch of Tigor EVs was ...

Tata Motors rolls out 1000th Nexon EV

Tata Motors announced a significant milestone in the electric vehicle (EV) domain by rolling out the 1000th Nexon EV from its plant in Pune.

JLR develops  contactless touchscreen to help fight bacteria and viruses

New contactless touchscreen technology developed by Jaguar Land Rover and the University of Cambridge will help keep drivers’ eyes on the road and reduce the spread of bacteria and viruses in a post COVID-19 world.

STELLANTIS is the new group name post merger of FCA, Groupe PSA

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...

Zero domestic sales for auto majors; Bajaj Auto, Hyundai largest exporters in April 2020

As was expected, the Indian automobile manufacturers recorded zero sales in the domestic market, while a few managed to record a handful of exports during the lockdown period of April 2020 as a result of the ongoing...

ZERO DARK APRIL 2020: Indian Auto Industry staring at Rs 92000 crore loss for 40-day lockdown

If one were to calculate by what SIAM has to say wherein each day of plant closure will trigger a loss of more than Rs 2300 crore in turnover for auto OEMS and component manufacturers, then what we are looking at i...

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 sells 3384 passenger vehicle units in March 2020, slump of 88pc

Mahindra & Mahindra Ltd. (M&M Ltd.) sold a total of 3384 units of passenger vehicles in March 2020 (domestic as well as exports) as compared to 27,646 units in the corresponding period last year. This meant, the co...

Rapido bike taxi temporarily suspends services

As the Indian Government announced a 21-day lockdown in order to contain the coronavirus, India’s largest bike share mobility company Rapido has decided to limit its services temporarily under further notice.

Varroc showcases  roadmap for future of mobility

15th Edition of the Auto Expo-The Components Show 2020 by showcasing solutions for electric mobility, connected vehicles, and light weighting.

Mahindra Electric launches new brand identity

Mahindra Electric Mobility Ltd unveiled a new corporate brand identity with a new logo and tagline - ‘Spark the New’. The new brand identity is meant to give the brand a renewed thrust to achieve its global ambition...

Kia Motors announces ‘Plan S’ for EV, mobility solutions by 2025

Kia Motors Corporation has announced details of ‘Plan S’, its mid- to long-term strategy aimed at progressively establishing a leadership position in the future automotive industry, encompassing electrification and ...

World premiere of Volkswagen charging robots in underground parkings

Volkswagen Group Components has presented a new and visionary charging concept which involves mobile robots that will charge electric vehicles completely autonomously in future. In short, every parking space can bec...

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...

Hyundai, Kia debut virtual reality design evaluation system

Hyundai Motor Company and Kia Motors Corporation have debuted a new virtual reality (VR) design evaluation system at the brands’ global design headquarters. The new system, introduced to the Namyang Research and Dev...

Auto Expo- The Motor Show 2020 begins Feb 7-11, 2020

Auto Expo, the biggest extravaganza and much-awaited event, a true representation of India’s automotive industry, is slated to kick-start the excitement of Auto Expo – The Motor Show2020 from February 7 to 11, 2020 ...

Mercedes-Benz Lab1886 supports Rolls-Royce Power Systems

Lab1886, the innovation unit for business models within Mercedes-Benz AG, is now supporting drive and energy system provider Rolls-Royce Power Systems AG in a pilot project in the field of stationary energy supply s...

Delta Electronics India introduces E-Mobility Tech Experience Centre

Delta Electronics India, a leading Power and Energy management company, has unveiled its state-of-the-art E-Mobility Tech Experience Centre aimed at strengthening electric vehicle charging infrastructure of the coun...

NuGen Mobility Summit-2019 begins at Manesar on Nov 27

More than 200 automobile as well as auto components companies will display their products, while there would be live test demonstrations, training sessions, panel discussion and test track demonstrations of vehicles...

Selfies, discussions for German Chancellor Dr. Angela Merkel at Continental office

It was not merely a selfie time with German Federal Chancellor Dr. Angela Merkel at Continental’s India facility in Gurugram. While the Chancellor did meet the staff of the company and take time out for some picture...

People not ready for shared autonomous mobility, says UK study

Autonomous vehicles may sound like an innovation that will solve our mobility woes, but the fact is that people don’t want it the way it has been perceived. People not only have a lack of trust in safety technology ...

Groupe PSA, FCA to merge into Euros 170 billion auto behemoth

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...

Nissan EV test car comes with twin-motor all-wheel control technology

Auto major Nissan has revealed a high-power, twin-motor all-wheel-control test car equipped with new technologies being developed for the company’s next generation of EVs.

Ford hands over control to Mahindra in India through new joint venture

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...

Mahindra passenger sales down 32 per cent in Aug 2019

Mahindra & Mahindra Ltd. (M&M Ltd.) in the passenger vehicles segment (which includes UVs, Cars and Vans), sold 13,507 vehicles in August 2019, compared to 19,758 vehicles in August 2018. This is a 31.63pc drop in s...

Varroc to acquire 74% stake in CarIQ, a leading Telematics solution provider

Varroc Engineering Limited, a global Tier 1 auto component manufacturer, has agreed to acquire 74% stake in the Pune-based CarIQ Technologies, a leading integrated connected vehicle solution provider to OEMs, fleet ...

Continental to shift focus on electric mobility

Due to the rapid change in the mobility landscape, Continental is putting more focus on the electric future of mobility. To keep pace with the change, Continental’s Powertrain division will be renamed as Vitesco Tec...

Sennheiser enters automotive sector with Ambeo

Audio equipment giant Sennheiser, has entered the automotive sector with an Ambeo immersive audio solution for in-car entertainment and communication in collaboration with Southern California-based luxury automaker,...

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 Power, Tata Motors join hands to install e charging stations

Tata Power and Tata Motors have announced their partnership to install 300 fast charging stations by the end of the FY20, across key five cities namely Mumbai, Delhi, Pune, Bangalore and Hyderabad.

Indian Army officials to use electric cars in New Delhi

The Indian Army in step with government policies on environmental protection has launched an ecological initiative with employing electric cars for use of its officials in New Delhi in partnership with Energy Effici...

Mahindra passenger vehicles domestic sales in July 2019 records -15 per cent dip

Utility vehicle manufacturer Mahindra & Mahindra recorded a negative growth of 15 per cent in sales for July 2019 for its passenger vehicles division which comprises utility vehicles, cars and vans. The company sol...

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.

Auto industry hails GST reduction on electric vehicles

Society of Indian Automobile Manufacturers (SIAM) welcomed the government’s decision to reduce the GST rate on electric vehicles from the present 12% to 5%.

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...

MoRTH draft notification for CMVR amendments to boost electric vehicles

The Ministry of Road Transport & Highways has issued a draft notification for amendments to the Central Motor Vehicles Rules for providing a boost to electric vehicles

KSL Cleantech plans to scale up electric vehicle business

Building on the success of its solar business, Kolkata-based KSL Cleantech Ltd. (formerly known as Kirti Solar Limited), one of the largest and most experienced solar photovoltaic companies in India, is gearing up t...

MG partners with Fortum to set up 50 KW DC fast-charging EV stations ahead of EZS launch

As part of its commitment towards sustainable mobility, MG Motor India and Fortum Charge & Drive India have undertaken the first step towards creating DC Fast Charging infrastructure (50 KW) in the country.

Besides 18-year low, every passenger vehicle player registers negative growth in May 2019

While the month of May 2019 registered an 18-year low in terms of domestic sales for passenger vehicles (PV), the disturbing factor is that each and every of the 17 PV player recorded a negative growth. Such is the ...

22Kymco to set up plant in Bhiwadi for electric, gasoline scooters

22Kymco, a joint venture between 22Motors and Kwang Yang Motor Company (Kymco) has announced setting up a manufacturing facility in Bhiwadi, Haryana.

Government EV targets need to be practical says auto industry

The Indian auto industry is not too happy with the aggressive road map being laid out by the government in bringing electric vehicles into the country. Both the Society of Indian Automobile Manufacturers (SIAM) and ...

ZF expands e-mobility division with new buildings, locations

ZF Friedrichshafen AG has expanded its E-Mobility division with new buildings and locations. The technology company opened a new building for administration, R&D, and sales at the divisional headquarters in Schweinf...

eBikeGo announces joint venture with Vpledge Delivery

eBikeGo an electric bike rental and delivery platform entered into a joint venture with Vpledge Delivery recently. In this exclusive partnership, eBikeGo will be providing theire co-friendly electric scooters for hy...




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