Author: News Desk
EV share in auto components to be 9-11% by fiscal 2027
Shift presents both opportunities and challenges for auto component players Revenue of the electric vehicle (EV) components’ market in India is likely to rev up at a compound annual growth rate of ~76% to Rs 72,500 crore in fiscal 2027 from Rs 4,300 crore last fiscal. That will take the share of EVs in the […]
Continue ReadingHARTING sets up new production plant in Chennai
Establishing a renewed factory space of over 32,000 sq. feet in India is an important step in the continuous development of the company’s global manufacturing network HARTING’s focus in the Indian market has been in the transportation, energy, machinery and factory automation, data centre, wind as well as PGTD sectors. Recently, HARTING India unveiled its […]
Continue ReadingMG Group sets up EV Park in Telangana
The facility, which will support start-ups in the electric vehicle (EV) space, was inaugurated by KT Rama Rao Garu, Minister for Municipal Administration and Urban Development, Industries and Commerce and Information Technology, Government of Telangana MG Group with its expertise in bus and coach building recently announced the setting up of an EV Park through […]
Continue ReadingGulf Oil takes focused steps to become future-proof
Gulf Oil, a leading Global Automotive and Industrial lubricant player, has taken the right steps to be future-proof with equity stakes in Indra Renewable Technologies, UK, and SaaS provider Techperspect Software Pvt Ltd. Gagan Mathur, Head (Business Development Cluster Markets-), Gulf Oil Lubricants India Ltd., spoke to Rajesh Rajgor in an exclusive conversation Aim of […]
Continue ReadingLucas TVS looks to increase EV penetration through customisation
Lucas TVS, a prominent provider of mechatronic solutions to the automotive, consumer and industrial products industries, is at the forefront of EV technology development. Sanjeevi Anandan, Manager (EV Marketing), Lucas TVS Ltd. spoke to Rajesh Rajgor Solutions across Segments At the Lucas TVS pavilion here, we are showcasing solutions for electric vehicles ranging from e-cycle […]
Continue ReadingTata Motors bags DTC order for 1500 e-buses under CESL tender
Tata Motors has bagged a prestigious order of1500 electric buses from Delhi Transport Corporation (DTC) under the larger tender by Convergence Energy Services Limited. Tata Motors will supply, operate and maintain air-conditioned, low-floor, 12-metre fully built electric buses for 12 years, as per the contract. Tata Starbus electric buses offer state-of-the-art technology for sustainable, eco-friendly and […]
Continue ReadingTube Investments of India expands footprint in clean mobility
Tube Investments of India Limited has been actively exploring growth opportunities in clean mobility. The company formed a 100% subsidiary viz. TI Clean Mobility Private Limited (TICMPL) to consolidate and focus on its clean mobility ventures. TICMPL has existing interests in 3-wheeler electric vehicle and electric tractors (operated through its subsidiary Cellestial E-Mobility Private Limited). […]
Continue ReadingDelta crosses 6,000 EV Chargers in India
Delta, a global leader in power and thermal management solutions, has announced it has cumulatively delivered over 6,000 electric vehicle (EV) chargers to customers in India, a substantial milestone to foster the country’s e-mobility transition. The close cooperation between Delta and major stakeholders in the EV charging infrastructure sector, which includes major charge point operators, […]
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