Simple Energy plans to launch a B2B product by 2021, a new powertrain by mid-2023 and an e-bike by 2022. It was currently focusing on setting up a factory with one million capacity at Hosur

Automotive Component Manufacturers Association of India (ACMA) announced the appointment of Mr. Sunjay J Kapur, Chairman, SONA Comstar Ltd. as President for the 2021-22 session.

U.S. officials have approved licenses worth hundreds of millions of dollars for China's blacklisted telecom company Huawei to buy chips for its growing auto component business, according to sources.

Automobile industry body SIAM said that it has urged the government to let dealer workshops function as inspection and certification centres under the vehicle scrappage policy.

Pricol Limited announced a strategic partnership with Candera, a leading Human-Machine Interface (HMI) tool provider and development partner for worldwide automotive and industrial customers.

According to the report generated by India Ratings (Ind-Ra), the domestic auto sector is facing a tough time because of the shortages of semiconductor chips.

Amitabh Kant, CEO, Niti Aayog said that, the transition of automobiles towards electric mobility is inevitable and the auto industry should make the change to make India a global EV leader.

Harish Hirani, Director, CSIR-CMERI, said that India aims to be a 'Global Manufacturing Powerhouse' in future and the Government of India is taking rapid strides in establishing its foundations.

The automobile industry of Tamil Nadu is divided over the Centre’s new vehicle scrapping policy.