News Updates

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.

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.

India Resurgence Fund ("IndiaRF"), promoted by Piramal Enterprises Limited and Bain Capital Credit has made an announcement related to an investment of $830 million in Setco Group.

COGOS Technologies Pvt Ltd which is a Bangalore-based logistics company has announced that it has been able to raise $2 Million in Pre-Series A funding.

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.

At the Hydrogen Wave global online forum, Hyundai Motor Group has presented its vision to promote hydrogen energy and set up a global hydrogen society.

According to a regulatory filing, Maruti Suzuki India Limited (MSIL) has experienced a price hike of 1.9% on its entire product line which includes Swift, Baleno, Ciaz, S-Cross, Alto 800, and S-Presso.