Ind-Ra revised auto volumes growth forecast to 12%-16% YoY from the initial forecast of 16%-20% YoY. The downward revision is due to a revision in the growth forecasts for 2Ws and PVs.

TVS Motor Company is a well-known two-wheeler and three-wheeler manufacturer. It is a flagship company of the $8.5 billion TVS Group. It has announced a new distribution partnership with ETG Logistics (ETGL).

Spark Minda, Minda Group, Aakash Minda, Spark Minda Green Mobility Solutions, Bajaj Auto, TVS Motor Company, Revolt, Ola Electric auto parts manufacturer, electric vehicle component space, EV component kit, M&A, investment, fundraising initiatives, electric two-wheelers, sensors, a central cluster, DC/DC converter, locking system, charger, telematics, battery, battery management systems, motor and motor controller supplies

Swappable Batteries Motorcycle Consortium aims to broaden the use of light EVs, such as scooters, mopeds and motorcycles. It would support the sustainable management of batteries in light EVs.

The Auto Data Regulation would come into effect from October 1, 2021. It is brought in to change the supervisory landscape of the auto industry concerning the processing of automobile data.

The leading original equipment manufacturers (OEMs) in the automotive industry are expected to gain a 9% higher share through Software-driven transformation, as per the report from the Capgemini Research Institute.

A Hyderabad-based company has built helmets with an inbuilt air-conditioner so that the industrial workers can be given good working conditions.

Indonesian nickel miner PT Vale Indonesia is aiming to start the construction of a new project at Pomalaa so that it can produce material that is used in batteries of EVs.

OEMs are struggling to supply adequate vehicles to dealers. FADA’s outlook remains a mixed bag with PVs witnessing demand-supply mismatch and the 2W segment facing a demand crunch.