Dana Sets Sights on Becoming the World’s Best Drivetrain Supplier

As electrification, new energy vehicles, and rising sustainability and emissions demands reshape the automotive industry, Dana Inc is investing aggressively in research, training, and regional agility to stay ahead, with a clear long-term goal of becoming the best drivetrain supplier in the world. Speaking to this publication on the pace of change sweeping the industry, […]

Continue Reading

Ultraviolette Raises $85 Million to Scale Manufacturing and Fuel Global Expansion

Ultraviolette announced a new funding round of $85 million, led by Deep Tech Fund Yali Capital and TDK Ventures, with investment from Lip-Bu Tan, Chairman of Walden International & Advisor to Ultraviolette, alongside the company’s current and long-term investors. The funding marks an important milestone in Ultraviolette’s journey as it scales manufacturing capabilities, advances its […]

Continue Reading

Würth Future-Proofs Workshop as New Mobility Reshapes Economics

As electric vehicles disrupt decades-old aftermarket revenue streams like oil changes and routine servicing, global automotive solutions provider Würth Group scripts its strategy to bring back previously outsourced services, such as smart repair, glass repair, and AC servicing, back into workshops, while betting heavily on technologies that work regardless of what powers the vehicle. Speaking […]

Continue Reading

Ola Electric Secures ₹95.81 Crore PLI-Auto Incentive 

Ola Electric has received a sanction order from the Ministry of Heavy Industries, Government of India, for the release of incentives amounting to ₹95.81 Crore (₹95,80,91,273) under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme).  The sanction pertains to the Demand Incentive under the PLI-Auto Scheme for FY 2026-27, and authorises the payment to […]

Continue Reading

Mahindra Expands Battery-as-a-Service Programme Across Its Electric Origin SUV Range

Mahindra has announced the expansion of its Battery-as-a-Service (BaaS) programme across its entire Electric Origin SUV portfolio, extending it to the BE 6 SPORTEQ, XEV 9S, and XEV 9e. The BaaS programme enables customers to finance the vehicle and battery separately through a dual-financing structure, significantly lowering the upfront cost of EV ownership. Under the […]

Continue Reading

Ola Electric Launches S1Z with Indigenous LFP Battery Technology, Priced from ₹79,999

Ola Electric has launched the S1Z, its most accessible scooter range, becoming the first scooter in India to feature the company’s indigenously developed Bharat Cell LFP technology. Available in 3.1 kWh and 5.1 kWh variants at introductory prices of ₹79,999 and ₹99,999 (ex-showroom) respectively, the S1Z targets the country’s largest EV buying segment. The 3.1 […]

Continue Reading