News Updates

Kia India, the fastest-growing carmaker in the country, announced the sales of 1,00,000 units of its compact SUV – Sonet, a feat achieved in less than 12 months of its launch in India.

According to an analysis done by Kotak Institutional Equities, the PLI scheme for autos provides incentives in the range of 13-18% of sales value to OEMs for manufacturing EVs in India.

ETO has deployed the electric three-wheeler passenger vehicles Trilux, in Kevadia, Gujarat, where 100 local young unemployed women have been trained to drive them following ETO’s 3E principles.

Tata Motors has signed a Solar Power Purchase Agreement with Tata Power wherein it is going to install and operate a 3 MWp rooftop solar project at its plant in Pune.

Redwood is a battery recycling startup that is looking for a new location so that it can build its North American battery materials manufacturing facility

In a unique collaborative initiative between the government, industry, and academia towards advancing road safety, Project iRASTE was launched in Nagpur.

Schwing Stetter India, manufacturer of concreting and construction equipment, unveiled their state of the art All New Self-loading Mixer – SLM 4600, a flagship model.

Birla Carbon which is the leading carbon black manufacturer has recently announced that it will enter into the Energy Systems market with its participation at The Battery Show 2021.

It is estimated that over a period of five years, the PLI Scheme for automobile and auto components industry will lead to fresh investment of over Rs 42,500 crore, incremental production of over Rs 2.3 lakh crore