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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Zypp Electric, India’s leading tech-enabled EV-as-a-service platform, in partnership with Indofast Energy (A 50-50 joint venture between IndianOil and SUN Mobility), is set to revolutionize last-mile logistics with a major expansion plan. The company has announced its intent to deploy 100,000 electric two-wheelers (E2Ws) over the next 12-18 months. This landmark procurement builds upon the […]
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MAHLE has won its first series order for a new, high-performance cooling module in the megawatt charging sector. The cooling module will be installed in fast-charging stations for electric commercial vehicles. The customer is a European cable manufacturer and outfitter of megawatt charging systems (MCS) who particularly rated the performance and cost efficiency of the […]
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Renault Trucks, a leading player in the truck industry and a pioneer in low-carbon mobility, has announced the addition of three Flexis electric LCVs to its offer. This expansion of the manufacturer’s range of electric transport solutions demonstrates its continued commitment to the energy transition and its dedication to addressing the specific challenges of urban […]
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TATA.ev, the leader of India’s electric vehicle (EV) revolution, today announced a bold, groundbreaking initiative to transform the nation’s charging infrastructure. Building on the success of surpassing 200,000 EV sales, TATA.ev boosted its commitment to make EVs more accessible and convenient by more than doubling the number of available charge points to 400,000 by 2027. […]
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VE Commercial Vehicles Ltd. (VECV), a joint venture between Volvo Group and Eicher Motors, inaugurated a dedicated manufacturing facility and delivered the first batch of Eicher Pro X trucks to leading Indian logistics providers who gathered at Bhopal. This follows the successful launch of the Eicher Pro X small truck at Bharat Mobility Global Expo […]
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