Auto Industry

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...

STMicroelectronics, makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities, has revealed a highly integrated and flexible automotive LED driver.

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 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.

Nissan has unveiled Nissan EV36Zero, a one billion pound (Rs 10,000 crore approx.) flagship Electric Vehicle (EV) Hub creating a world-first EV manufacturing ecosystem.

Leading car manufacturer Hyundai Motor India Ltd (HMIL), achieved a production milestone by rolling out its 10 millionth car from its manufacturing facility in near Chennai in the southern state of Tamil Nadu.

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 ...

Tata Motors has announced that Guenter Butschek who had informed his desire to relocate to Germany at the end of the contract for personal reasons, will therefore be stepping down from his role as CEO & MD from June...

ZF Friedrichshafen AG (ZF) has divested its entire equity stake in Brakes India, a leading supplier of braking systems in the Indian market and a global supplier of ferrous castings. The acquisition of ZF’s equity s...

Toyota Kirloskar Motor (TKM), has announced the signing of a Memorandum of Understanding (MoU) with the Automotive Component Manufacturers Association of India (ACMA).