Sona BLW Precision Forgings has become the first automobile component producer to be certified under the Auto Production Linked Incentive (PLI) programme. The business submitted seven applications for various goods…
EV
The E1+ electric scooter from Bounce Infinity will retail for Rs 89,999 (ex-showroom, India) till March 31. Compared to the previous pricing of Rs 1.13 lakh, this is a considerable…
Servotech Power Systems has bagged a significant order for nearly 1500 DC fast EV chargers from Hindustan Petroleum Corporation Limited (HPCL) and other EV charger OEMs. The order is valued…
Brihan Mumbai Electric deliver & Transport Undertaking (BEST) has given Olectra Greentech Ltd a contract to deliver 2,400 electric buses. The company’s shares closed at Rs 2,102.95 on the NSE,…
VinFast Auto has announced that it will break ground at its integrated electric vehicle (EV) manufacturing site in Thoothukudi City, Tamil Nadu on February 25, 2024. VinFast and the Tamil…
Ramkrishna Forgings has bagged another significant global order. The North American market has awarded the corporation a $220 million (Rs 1,832 crore) deal. The business claims that this deal, which…
Ajay Shanker has been hired as the Chief Financial Officer (CFO) of Ultraviolette Automotive. Shanker worked at Schneider Electric, IIM Bangalore – NSRCEL, Aricent (Flextronics), Cannon Inc., and Yamaha Motors…
Chargeup has entered into strategic partnerships with Credit Fair and Ascend Capital, to help facilitate 3EW financing. Chargeup is striving to bridge the gap between energy and car finance for…
Soracom Inc and Suzuki Motor Corporation have signed an agreement to pursue applications of advanced IoT technologies in the field of mobility services. The move is motivated by the fast…
Ultraviolette has partnered with Mantra Academy, to develop world-class design talent and boost India’s position in the global automotive design environment. As part of this collaboration, Mantra Academy students showcased…