Montra Electric, the electric vehicle (EV) arm of the Murugappa Group, has set an ambitious revenue target of ₹700 crore for the current fiscal year, up from ₹182 crore in…
EV manufacturing
Sterling Tools Limited, a leading automotive component manufacturer in India, announced that its subsidiary, Sterling Gtake E-Mobility Limited (SGEM), has partnered with Landworld Technology Co. Ltd., China, to locally manufacture…
BYD Co., the Chinese electric vehicle (EV) and battery manufacturer, is set to intensify its operations in India following a significant thaw in diplomatic relations between China and India. After…
In a major boost to India’s electric mobility ambitions, the Hinduja Group announced plans to invest Rs 7,500 crore in Tamil Nadu’s electric vehicle (EV) ecosystem. The announcement was made…
Ford Motor Company has introduced its Universal EV Platform and Universal EV Production System, aiming to significantly reduce electric vehicle costs while improving manufacturing efficiency. The first vehicle built on…
The Ministry of Heavy Industries (MHI) has officially extended the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme by two years, pushing its closing date from 31…
Huawei and Chery’s electric vehicle (EV) joint venture, Luxeed, has announced a substantial investment of 10 billion yuan (approximately $1.4 billion USD) to accelerate product development and manufacturing capacity in…
In a significant regulatory move to ensure quality and safety in the electric vehicle (EV) sector, the Indian government is set to make audits of production facilities mandatory for all…
Vietnamese electric vehicle (EV) manufacturer VinFast has officially opened its first manufacturing facility in India, which represents a major advance in its global expansion. The plant, located in Thoothukudi, Tamil…
In a landmark move to strengthen India’s electric mobility ecosystem, the Government of India has unveiled the ambitious PM E-DRIVE Scheme, targeting wide-scale adoption of electric and hybrid vehicles while…