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UK's DG Innovate, EVage Motors to establish e-motor manufacturing JV in Punjab

Mumbai, May 8 -- DG Innovate, a UK-based advanced R&D company developing solutions in sustainable mobility and energy storage, has entered into a joint venture (JV) with Punjab-based electric truck st... Read More


TVS Motor Co reports INR 2,083 crore net profit for FY2024

Mumbai, May 8 -- Chennai-based two-wheeler and three-wheeler manufacturer TVS Motor Company has reported its financial results for Q4 FY2024 and FY2024. The company reported revenue of INR 8,169 cror... Read More


Hero MotoCorp report INR 3,968 crore net profit for FY2024

Mumbai, May 8 -- Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters has announced its financial results for Q4 FY2024 and for FY2024. The company reported revenue of INR 9,51... Read More


New launches, stable fuel prices, positive monsoon outlook, boost India auto retail sales in April

Mumbai, May 8 -- The automotive retail sales in India for the first month of fiscal 2025 have started on an optimistic note. In fact, a total of 2.20 lakh vehicles were sold in April 2024, compared to... Read More


Greencell Mobility gets Rs 3.07 billion project financing from Sumitomo Mitsui for 350 e-buses

Mumbai, May 7 -- GreenCell Mobility, a leading player in the electric mass mobility sector, has announced that it has secured green financing of Rs 3.07 billion from leading Japanese financial institu... Read More


Switch Mobility And Magenta Mobility Collaborate

Mumbai, May 7 -- Integrated electric mobility solutions provider, Magenta Mobility and Switch Mobility, the electric vehicle arm of Ashok Leyland, have entered into a strategic partnership for the dep... Read More


Kia EV3 compact SUV teased ahead of launch

Mumbai, May 7 -- Kia Corporation(Kia) has released the first teaser images of its upcoming EV3 compact SUV, which will be the brand's most affordable electric vehicle offering yet. The teaser images ... Read More


BorgWarner to supply e-motors to Chinese EV maker XPeng

Mumbai, May 6 -- BorgWarner has bagged two high-voltage hairpin (HVH) e-motor business wins with XPeng, a Chinese electric vehicle manufacturer, to be used in its upcoming two SUV models. The recentl... Read More


Abu Dhabi's DRIFTx concludes on a high note

Mumbai, May 6 -- Abu Dhabi's inauguralDRIFTx, the global showcase of advanced and sustainable mobility technologies that showcased demonstrations on the latest smart, autonomous transportation across ... Read More


BorgWarner to supply electric Torque Vectoring and Disconnect system to Polestar and European OEM

Mumbai, May 6 -- American component company BorgWarner has announced that it has become the first-to-market its electric Torque Vectoring and Disconnect (eTVD) system for battery electric vehicles (BE... Read More