TVS Indeon Ltd., a 100% subsidiary of leading automotive electrical components manufacturer Lucas TVS Ltd., today inaugurated its enhanced Battery Pack Production facility at the SIPCOT Industrial Park, Thervoy Kandigai, Gummidipoondi. This significant milestone was launched by Smt. D Sneha, I.A.S – Executive Director (SIPCOT, TIDAL, TIDCO) and Mr. K. N. Radhakrishnan, Director & CEO, […]
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Clocks distance of 3,823 km in just 76 hours TATA.ev, India’s largest 4-wheeler EV manufacturer and the pioneer of India’s EV evolution, today recorded the fastest EV drive from Kashmir to Kanyakumari in only 76 hours and 35 minutes (over 19 hours less than the incumbent record holder, the erstwhile Nexon EV MAX) led by India’s very own […]
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Statiq, India’s leading EV charging solutions provider, has unveiled its latest charging station at Express Avenue Mall, Chennai. This new facility includes two 60kW dual-gun chargers and three 3-in-1 chargers, ensuring compatibility with various EV models. As Statiq’s sixth charger in Chennai and the 190th in South India, the installation reinforces its commitment to building […]
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Ola Electric, India’s largest pure-play EV company, today announced its sales for the month of February 2025. Backed by a strong S1 portfolio and sales-and-service network of 4,000 stores across the country, the company sold more than 25,000 units in February with a market share of over 28%, cementing its market leadership in the EV […]
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Numeros Motors, a new-age original equipment manufacturer specializing in indigenous electric vehicles, today introduced its mutiutility e-scooter, Diplos Max in Hyderabad. Engineered to redefine clean mobility, Diplos Max marks the company’s entry into the personal mobility segment for diverse applications ,under its flagship Diplos platform.These vehicles embody the principles of safety, reliability, and durability making them ideal […]
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Euler Motors, a leading electric commercial vehicle manufacturer, and Tata Power Renewables, one of India’s largest integrated power companies, have signed a long-term Memorandum of Understanding (MoU). Under this MoU, Tata Power Renewables will provide Fast Chargers for Euler Motors’ entire product range to ensure seamless charging accessibility to all customers. With this, Euler Motors […]
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India’s leading automotive components major – the Kinetic Group today announced readiness of its advanced battery manufacturing facility at Ahmednagar. With an investment of Rs. 50 crore, the facility marks the Group’s entry into EV battery manufacturing that will make Range-X brand of batteries for two and three-wheeler electric vehicles (EVs). Located in Ahmednagar, the […]
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TATA.ev, the pioneer of India’s EV revolution and leader of the Indian EV market with over 2 Lakh EVs on the road, extended the celebration of this momentous milestone by thanking its customers and unveiling a set of limited period exclusive benefits for the next 45 days to not only encourage new customers to adopt […]
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Yuma Energy, one of India’s largest and fastest-growing battery-as-a-service (BaaS) companies, has announced the acquisition of Grinntech Motors & Services Pvt. Ltd., a Chennai-based growth-phase start-up specializing in the design and development of innovative, affordable, and high-quality energy storage solutions. The milestone acquisition furthers Yuma Energy’s mission to accelerate the adoption of clean energy solutions […]
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ICRA expects the revenue growth of the Indian auto component industry (represented by a sample of 46 auto ancillaries with aggregate annual revenues of over Rs 3,00,000 crore in FY2024, accounting for close to 50% of the industry) to ease to 7-9% in FY2025 and 8-10% in FY2026, from the highs of ~14% in FY2024. […]
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