Commercial vehicle manufacturer Ashok Leyland has begun construction of a battery pack manufacturing facility near Chennai in the southern Indian state of Tamil Nadu. The project involves an investment of…
EV manufacturing
The price gap between electric vehicles (EVs) and internal combustion engine (ICE) cars is rapidly closing, with EVs expected to reach price parity with petrol and diesel vehicles in the…
India’s electric vehicle (EV) industry has attracted Rs 2.23 lakh crore in investment from 2020 to 2025, covering only 18% of the estimated Rs 12.5 lakh crore needed to meet…
Foxconn, the world’s largest contract electronics manufacturer, highlighted its expanding ambitions in the electric vehicle industry by unveiling the latest developments of its Model A electric vehicle during its annual…
Tesla Inc. has announced the departure of Siddhant Awasthi, the chief engineer overseeing the company’s highly anticipated Cybertruck program. After serving the company for eight years, Awasthi’s exit represents a…
On October 28, 2025, stocks associated with Indian EVs and the automotive sector, had a mixed day of trading as investors were cautious, while there are also uncertainties globally, and…
In a significant boost to its growth ambitions, Enigma Automobiles, one of India’s fastest-growing electric two-wheeler manufacturers, has secured a ₹6.5 crore credit facility from the State Bank of India…
JBM Electric Vehicles (JBM EV), a leading global electric bus manufacturer and EV ecosystem provider, has unveiled its next-generation all-electric city bus — ECOLIFE e12 — at Busworld 2025 in…
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…
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…