Auto Industry

India has the world’s largest and fastest growing two-wheeler market. It is the cheapest and quickest form of local travel. Forecasts peg the number of vehicles sold annually to reach 26.6 million units by 2025.

After two-year hiatus owing to the pandemic, the Automotive Skills Development Council (ASDC), India's first sector skill council for automobile industry successfully organised skill-oriented brainstorming ASDC’s Pa...

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 ...

The Automotive Skills Development Council (ASDC) has partnered with National Program on Career Awareness (NPOCA) for its flagship programme, the ASDC National Automobile Olympiad. The Automobile Olympiad is a nation...

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...

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.

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...

With 2 million electric vehicles estimated to be plying the roads by 2026, building the charging infrastructure for EVs has become paramount. Addressing the infrastructure demand, Hero Electric, India’s No.1 electri...

Cummins India, in collaboration with the Work Integrated Learning Programmes (WILP) Division of BITS Pilani, is fostering a culture of continuous learning and upskilling amongst employees through bespoke learning pr...

Maruti Suzuki India Ltd (MSIL), the largest car makers in the country is now into the crushing business. Maruti Suzuki Toyotsu India Private Limited is a 50:50 joint venture between Maruti Suzuki India Limited and T...

Yamaha Motor Moto Business Service India (MBSI) announced its entry into the EV segment for 4 - wheeler asset management services by partnering with Malbork, a Bangalore based all electric sustainable energy powered...

The Automotive Component Manufacturers Association (ACMA), the apex body of the Indian auto component industry successfully hosted the seventh edition of the ACMA Atmanirbhar Excellence Awards & Technology Summit.

Major automotive shows like the Auto Expo-The Motor Show, Auto Expo- The Components Show and the ACMA Automechanika will now be coming back to life after a couple of years disruption caused by the covid-19 pandemic...

Sundaram-Clayton Limited (SCL), a leading auto component manufacturing and distribution group, announced that R Gopalan, Non-Executive Independent Director of the Company has been appointed as Chairman of the Board ...

Revolt Motors, India’s next gen-mobility company announced the opening of its first flagship store in Noida. The new store will be the brand’s second retail outlet in Uttar Pradesh, after opening the first one in Lu...

The National Highway for EV (NHEV) Working Group members met Advisor NITI Aayog Sudhendu J Sinha (Infrastructure, Connectivity – Transport and Electric Mobility) and discussed the recently announced policy for ‘Batt...

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...

As per a research report released by Emkay Global Financial Services the overall revenue growth for companies (ex-Tata Motors) under coverage to remain flat YoY in Q3FY22, as volume growth was affected by temporary ...

Hero Electric announced its partnership with Turtle Mobility, a startup offering last-mile delivery connectivity solutions to e-commerce and grocery companies. Hero Electric will deliver 200 scooters by the end of 2...

The year 2021 has clearly shown that Indians have begun to prefer registered high speed electric two wheelers (E2W) as compared to non-registered low speed two wheelers. Thus, while registered high speed two wheeler...

Leading global automotive supplier, Marelli, announced that following almost four years with the Company, Beda Bolzenius will stand down as CEO and President and he will be succeeded by David Slump, a 30-year indust...

Hero Electric, India’s largest electric two-wheeler company, is the most preferred brand in the Indian EV market today, according to the latest JMK research findings. To celebrate the same, Hero Electric launched i...

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...

Godrej& Boyce, the flagship company of the Godrej Group announced that its business Godrej Lawkim Motors has launched the electronic switch (E-Switch) technology for its range of general-purpose motors. This will re...

Automotive Skills Development Council (ASDC), the first Sector Skill Council of India, has announced the appointment of their new president Vinod Aggarwal during the ASDC Annual Conclave 2021.

Hero Electric, India’s largest EV two wheeler maker, is expanding capacity of its all new production facility in Ludhiana owing to growing demand being witnessed by the brand. With this initiative, Hero Electric aim...

ePropelled, the Massachusetts-based technology company that offers leading-edge electric propulsion systems, has announced the release of a groundbreaking new electric vehicle (EV) propulsion system to be showcased...

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...

The Government has approved a Production Linked Incentive (PLI) Scheme for the Indian auto industry and also the drone industry to enhance India’s manufacturing capabilities

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...

From silk saris to a silky smooth track for testing vehicles. The age-old city of Kanchipuram, in Tamil Nadu, is known for its magnificent temples and the exquisite silk wear that includes the traditional saris. Now...

Mahindra & Mahindra has unveiled its new visual identity including a brand-new logo that will differentiate its SUV portfolio. The all-new visual identity is in tune with the company’s focus to be makers of sophisti...

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’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...

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...

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...

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 ...

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...

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.

BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, and one of the first to produce one million electric passenger cars globally, has shipped the first 100 European-specification BYD Tang SUVs for custom...

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...

Nitin Gadkari, Minister of Road Transport & Highways, Micro, Small & Medium Enterprises, Government of India recently requested Rajeev Chaba, President and Managing Director, MG Motor India and Paytm Founder & CEO V...

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 ...

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...

India’s leading rating agency ICRA has estimated that the revenue decline for the Indian auto component industry will be limited to 6-8% in FY2021 supported by the better-than-expected demand pick-up across most seg...

Vishal Mathur, Senior Vice President, LMD Truck Business – VECV elaborates upon VECV’s Light & Medium Duty (LMD) business in India, the company’s product offering and the several advantages offered by Eicher trucks....

The Board of Directors of Mahindra and Mahindra Limited announced that Dr. Anish Shah presently the Deputy Managing Director and Group Chief Financial Officer would take over as the Managing Director and Chief Execu...

While providing strong incentives to owners of old vehicles to scrap old and unfit vehicles through registered scrapping centres, the central government in its much awaited Vehicle Scrapping Policy has proposed that...

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 ...

Federation of Automobile Dealers Associations (FADA), the apex national body of automobile retail in the country has informed that it is initiating an Annual Dealer Satisfaction Study in association with Premon Asia...

Volvo Cars India has announced that Jyoti Malhotra has been appointed as Managing Director of the company. Forty nine year old Jyoti Malhotra will be the first Indian to head Volov Cars in India. Jyoti, currently se...

Ather Energy, India’s first intelligent electric vehicle manufacturer, began operations from its mega-factory in Hosur, Tamil Nadu from January 2, 2021. Since then, Ather Energy has begun deliveries in Mumbai, Pune,...

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...

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 ...

ACMA Automechanika New Delhi is all set to go hybrid from 2021. Messe Frankfurt India together with Auto Component Manufacturers of India (ACMA) have announced that the 5th edition through its new dynamic digital mo...

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...

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...

Tepex continuous-fiber-reinforced thermoplastic composites from Lanxess are characterised by their high inherent flame-retardant properties. One of the reasons for this is their high fiber content. They therefore al...

ICRA, an independent and professional investment Information and Credit Rating Agency states that automobile dealerships across India continue to face tough times. As if the demand slowdown due to macroeconomic chal...

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...

The turnover of the Indian automotive component industry has registered a de-growth of (-) 11.7 per cent compared to the previous year at Rs. 3.49 lakh crore (USD 49.2 billion) for the period April 2019 to March 202...

ABB India has opened a new robotics facility in Bengaluru in the state of Karnataka in South India to cater to several industries including automotive. ABB is one the leading suppliers of robot, robot systems and ma...

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...

The TVS Group has announced the passing away of P. Vijayaraghavan. “It is with profound grief and sadness that we mourn the passing and honour the life of Mr. P. Vijayaraghavan,” a company note said.

Vikram Pawah has been appointed as the President of BMW Group India effective August 1, 2020 along with his present role as Chief Executive Officer of BMW Group Australia and New Zealand.

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...

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...

Unmindful of the huge losses that the auto industry is incurring because plant shutdowns as a result of the country-wide lockdown in the midst of coronavirus or covid-19 fears, several auto companies and auto compon...

The domestic automotive industry is likely to be negatively impacted due to the recent outbreak of coronavirus (COVID-19) across China and neighbouring countries in South-East Asia.

Mahindra Ecole Centrale (MEC) has announced the launch of its first Autonomous Underwater Vehicle (AUV) named Black Pearl. Created by MEC students and mentored by their professors, the Black Pearl is a self-propelle...

As a global leader in clean and energy-efficient technology solutions for combustion, hybrid and electric vehicles, BorgWarner will be showcasing its broad product portfolio at the 15th edition of the Auto Expo 2020...

After the company announced some major board level changes and other high level management changes on December 20, 2019, Mahindra & Mahindra has now announced further leadership changes.

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...

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 ...

Cars24, a leading tech platform for used cars, was till recently a very popular platform for people to sell their used cars. Now the company has announced that consumers can buy cars from its platform. It will now o...

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...

Vitesco Technologies which was earlier known as Continental Powertrain division will be exhibiting its motorcycle solutions at the upcoming Eicma 2019 (public days 7–10 November).

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...

For Union Minister Nitin Gadkari, it’s been a journey from taking on a confrontationist attitude to one of being benign and accommodating. At the 59th Annual Convention of the Society of Indian Automobile Manufactu...

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...

Honda Cars India Ltd. (HCIL) registered monthly domestic sales of 8,291 units in August 2019 whereas the number of export units stood at 227. The company had sold 17,020 units in domestic market in August 2018. The ...

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,...

Toyota Kirloskar Motor sold a total of 10423 units in the domestic market in July 2019 as against 13677 units in July 2018. This meant a degrowth of 24 per cent. The company exported 868 units of the Etios series in...

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%.

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...

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 ...

The good news is that Mahindra & Mahindra is ready with its BS VI engines across its entire diesel and gasoline portfolio. The entire transition will be costing the company upwards of Rs 1000 crore. With its portf...

Flash Electronics India Ltd, a leading electronic and electric auto components player has filed a law suit against Royal Enfield challenging patent infringement in the US regarding production of an important compone...

As India moves towards adopting complete electric mobility by 2030, the International Centre for Automotive Technology (ICAT), located in Manesar, in the northern automotive hub of India, have begun to offer testing...

Valeo, the French automotive technology supplier has set-up a state-of-the-art R&D Test Lab facility with an investment of INR 250 Million. The 15,000 square feet facility at Navalur, Chennai will further strengthen...

Society of Indian Automobile Manufacturers (SIAM) in association with the Competition Commission of India (CCI) and Automotive Component Manufacturers Association of India (ACMA), organised a workshop on competition...

Axalta, the world’s leader in automotive refinish coatings and a leading global supplier of liquid and powder coatings, opened its largest and most advanced Refinish Training Centre, spread over 20,000 square feet i...

The 13th SIAM Styling and Design Conclave and 11th Automotive Design Challenge organised by the Society of Indian Automobile Manufacturers (SIAM) based on the theme: ‘Shaping Tomorrow’s Mobility Business’ saw a myri...

MG (Morris Garages) Motor India inaugurated its new corporate headquarters in Gurugram. The commercial space for the new India headquarters, acquired by the company at a cost of Rs 150 crore, will also house the com...

The Institute of Technology, Nirma University from Ahmedabad was declared the ‘Best eBAJA Team’ and the Government College of Engineering from Pune was declared the ‘Best mBAJA Team’at the end of the 12th edition of...

In line with the strategy for India, Renault-Nissan Alliance India has signed a memorandum of understanding with National Skill Development Corporation (NSDC) to train its workforce in the Alliance plant in Chennai ...

With the “Snap,” presented at the CES in Las Vegas in early 2018, Swiss powerhouse of ideas Rinspeed for the first time presented a vehicle, where the chassis (“Skateboards“) and bodies (“Pods”) can be swapped out a...