Valeo has inaugurated a new manufacturing line for electric powertrain systems at its Pune facility. The line was inaugurated on March 28 in the presence of Mr. Velusamy R, President – Automotive Business, Mahindra & Mahindra, and Mr. Xavier Dupont, CEO, Valeo Power Division. The new facility will manufacture Valeo’s advanced 3-in-1 e-Axle, which integrates […]
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EKA Mobility, a leader in sustainable mobility solutions and KPIT Technologies, a global leader in building mobility technology solutions for a cleaner, smarter, and safer world, have entered into an MOU to develop and integrate cutting-edge electric powertrain technology components. This collaboration aims to set new benchmarks for efficiency, performance, and sustainability in India’s electric commercial […]
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Minda Corporation Limited, the flagship company of Spark Minda Group, has announced a strategic partnership with Flash Electronics to create the fastest growing EV platform in the country. Mr. Ashok Minda, Chairman & Group CEO, Minda Corporation, shared his excitement about the partnership: “I have had the privilege of knowing Mr. Sanjeev Vasdev for many […]
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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 […]
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