News Apr 11, 2022 Vehicle prices to go up due to high input costs Small cars, sports utility vehicles, sedans, and two-wheelers are set to get costlier with automakers raising prices to partially absorb the impact of high material costs.
News Apr 11, 2022 US-based Triton to set up commercial electrical vehicle unit in Gujarat Triton Electric Vehicle LLC has signed an agreement with the Gujarat government to set up a commercial electric vehicle manufacturing plant at Bhuj in the Kutch district with a total investment of Rs 108 billion.
News Feb 26, 2022 Motherson, Valeo tie up to produce auto interior lighting Samvardhana Motherson Automotive Systems Group BV (SMRP BV) and Valeo have signed a Memorandum of Understanding (MoU) to create the vehicle interiors through integration of lighting systems
News Feb 26, 2022 Ukraine crisis may hamper global auto industry Russian troops are on the move, pushing into two regions of separatist-controlled Ukraine and threatening to invade the rest of the country. But there could be some serious collateral damage to the U.S. and its allies.
News Feb 26, 2022 Electric bus manufacturing projects take off in Maharashtra After two-, three- and four-wheelers, electrification of the mass transit segment is now taking off. Work on two projects, of nearly Rs 50 billion in greenfield electric bus-manufacturing projects, has started in Pune.
News Feb 26, 2022 TVS Motor Company reaches 1 million unit export mark in 2021-22 TVS Motor Company, a reputed two-wheeler and three-wheeler manufacturer globally, announced that its two-wheeler exports clocked 1 million units in FY21-22.
News Feb 26, 2022 Adani, Ballard ink pact for JV for hydrogen fuel cells The Adani Group said that it has signed a non-binding Memorandum of Understanding with Nasdaq-listed Ballard Power Systems.
News Feb 26, 2022 Bharat Forge to acquire JS Autocast The auto component maker Bharat Forge Limited along with its subsidiary, BF Industrial Solutions Limited announced 100% acquisition of Coimbatore-based JS Autocast Foundry India Private Limited.
News Feb 26, 2022 Cummins to acquire Meritor for $2.6 bn to raise EV parts production US truck engine maker Cummins Inc said that it will buy auto parts maker Meritor Inc for $2.58 billion in cash, to beef up its electric and hybrid vehicle parts offerings.