As the sun sets on the fiscal horizon, India’s Finance Minister Nirmala Sitharaman presented the Interim Budget 2024–25, revealing a verdant vision for the future. At the heart of this…
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Zoomcar Holdings has appointed Adarsh Menon as its President to lead its business. This announcement follows Zoomcar’s recent listing on NASDAQ following closing of its business combination. In his new…
Varroc Engineering has secured a new lifetime order worth Rs 3602 crore during H1 FY24, while successfully onboarding three new EV customers in the second quarter of fiscal year 2024.…
Uno Minda limited has announced its results for quarter and half year ended 30th September 2023. At a consolidated level, the company registered the highest ever quarterly performance with revenue…
Uno Minda has contracted a new EV systems plant in Farukhnagar, Haryana under a joint venture with FRIWO AG Germany. This new plant will manufacture On-Board Charger, Off-board chargers, Motor…
Finland-based mobile charger manufacturer, Salcomp has announced its plans to expand its Indian manufacturing business not only for mobile phones but also for EVs and renewable-related electronics. This move will…
India’s leading cycle manufacturer, Hero Cycles has revealed its plans to enter the electric vehicle (EV) market with a significant investment of 1,500 crore rupees ($206 million). The company’s goal…
Indian electric automotive systems and parts maker Sona BLW Precision Forgings Ltd (Sona Comstar) has planned to double the share of its global electric vehicle business to 45%-50% of revenue…
Settling its roots in the country, BYD India has recently announced its target to expand its EV portfolio with an aim to deliver 15,000 EVs in 2023. Recently, the company…
Ahmedabad based Solar group Gensol Engineering has decided to buy majority stake in a US-based electric vehicle manufacturing start-up to deliver a robust domestically manufactured electric car in India. With…