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...
GoMechanic, a leading technology-enabled auto after-sales service and spare parts company, has announced securing US$42Mn in Series C funding in a round led by Tiger Global Management with the existing investors Seq...
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).
The boom in electric vehicles is causing a sharp rise in demand for plastics destined for charging infrastructure. Lanxess is convinced that this area offers a wealth of opportunities to use its Durethan polyamides ...
BMW Group India is accelerating its network expansion in the Delhi NCR region with the opening of Bird Automotive’s third showroom in Gurugram. Situated at Trilium Avenue, Sector 29, Gurugram Haryana,...
Following to the launch of the Tesla Center in Gurugram, Tesla has now announced the opening of its first Tesla charging station in Gurugram at DLF Horizon Center.
Dylect, one of India’s fastest-growing lifestyle tech brands, has announced the launch of Flow Prime, a powerful yet compact pressure washer designed to bring professional-grade cleaning into everyday...