- Hindalco Industries
- Aditya Birla Group
- Mahindra Group
- BE 6
- XEV 9e
- Satish Pai
- Rajesh Jejurikar
- aluminium
Hindalco Industries Delivers 10,000 Aluminium EV Battery Enclosures To Mahindra Group
- By MT Bureau
- April 25, 2025
Aditya Birla Group’s flagship company Hindalco Industries has delivered 10,000 aluminium battery enclosures for Mahindra Group’s electric SUVs the BE 6 and XEV 9e. The aluminium casing is claimed to slash 40 percent weight reduction compared to its steel counterpart, which improves 8-10 percent vehicle range, enhanced crash safety and better thermal management.
Furthermore, the company unveiled its new INR 5 billion dedicated EV component manufacturing facility in Chakan, Pune, which marks Hindalco’s foray into supplying lightweight, crash-resistant battery enclosures. The company expects to generate 1,000 jobs, with nearly 100 percent of machine operators being women, thus reinforcing its commitment to gender diversity.
The company shared that the Chakan facility will be able to initially produce 80,000 enclosures annually, which will be scaled up to 160,000 units eventually. What’s more, it has already supplied aluminium battery packs for over 3,000 Mahindra EVs currently plying on Indian roads.
Satish Pai, Managing Director, Hindalco Industries, said, “Our Chakan facility represents a strategic shift in India’s EV ecosystem from import dependence to high-performance, localised aluminium solutions. We are proud to partner with Mahindra in this journey, which not only reflects our commitment to the mobility transition but also highlights Mahindra's leadership in driving the electrification of mobility in India. With our engineering strengths and sustainability focus, we are well-positioned to co-create the next generation of automotive solutions.”
Rajesh Jejurikar, ED and CEO (Auto and Farm Sector), Mahindra & Mahindra (M&M), said, "Mahindra is excited to partner with Hindalco in the creation of the EV journey. Their expertise in developing materials and strong engineering capabilities to offer new solutions have played a key role in developing efficient and sustainable battery enclosure solutions. We believe this will play a transformative role in shaping the future of mobility, delivering cutting-edge solutions that will accelerate electrification in the sector.”
Going forward, Hindalco has plans to support other Indian and global OEMs with its aluminium product range.
Bolt.Earth And Statiq Partner To Enable Interoperable EV Charging
- By MT Bureau
- January 08, 2026
Bolt.Earth and Statiq have announced a strategic partnership to enhance electric vehicle (EV) charging access across India. The collaboration focuses on interoperability, allowing four-wheeler users to access more charging options through a unified system.
Under the agreement, EV drivers can locate, access, and pay for chargers on both the Bolt.Earth and Statiq networks using either company's mobile application.
The partnership integrates Statiq’s DC fast-charging infrastructure for four-wheelers with Bolt.Earth’s platform. This expansion targets key cities and highways to assist with intercity travel and range anxiety.
Statiq operates a network that includes both AC and DC fast-charging solutions in urban centres and commercial hubs. Bolt.Earth provides a peer-to-peer (P2P) charging platform serving two-wheeler, three-wheeler, and four-wheeler vehicles across more than 1,900 cities.
Akshit Bansal, Founder & CEO, Statiq, said, “At Statiq, our vision has always been to make public charging simple, reliable and widely accessible. Partnering with Bolt.Earth enables us to connect two strong networks and providing EV drivers with more fast-charging options through a seamless experience. By reducing the need for multiple apps and bringing more chargers onto a unified journey, we’re taking a meaningful step towards an open, interoperable charging ecosystem that supports faster EV adoption across India.”
S Raghav Bharadwaj, CEO & Founder, Bolt.Earth, said, “Interoperability is the future of EV charging in India, and this partnership is a decisive step toward that future. By uniting Bolt.Earth’s universal network with Statiq’s robust, fast-charging infrastructure, we’re delivering unmatched accessibility and convenience to EV users. This integration aims to ease range anxiety, eliminate the hassle of multiple apps, and provide a single, real-time view of available charging points—making EV charging seamless, reliable, and user-friendly.”
Toyoda Gosei Commercialises Automotive Parts With Increased Recycled Rubber
- By MT Bureau
- December 26, 2025
Japanese automotive component supplier Toyoda Gosei Co, has launched automotive weatherstrips containing a higher percentage of recycled rubber. The components have been adopted for the Toyota Motor RAV4, with plans to expand the application of this technology to other models.
While recycling processes for steel and plastic are established, rubber has historically been incinerated for energy recovery due to the complexities of devulcanisation. This process uses heat and pressure to break the sulphur bonds that provide rubber with elasticity; however, it often weakens the material and creates odours.
Toyoda Gosei has modified its proprietary devulcanisation technology to improve the quality of regenerated rubber. These refinements have allowed the company to increase the recycled content in automotive parts from under 5 percent to 20 percent. The achievement received a Project Award from Toyota Motor.
The company is now working to apply these techniques to:
- Synthetic Rubber: Expanding use in products such as rubber hoses.
- Natural Rubber: Developing processes for materials used in higher volumes across the industry.
The company intends to collaborate with vehicle manufacturers to establish a system for collecting and regenerating rubber from end-of-life vehicles. This circular model aims to reduce carbon emissions and improve resource circulation within the automotive supply chain.
Toyoda Gosei stated that by leading rubber recycling efforts, it seeks to address long-standing industry challenges regarding waste management and material strength in recycled elastomers.
- Greenfuel Energy Solutions
- Lumax Auto Technologies
- LATL
- Maruti Suzuki India
- CNG
- WEH Gas Tech
- Deepak Jain
- Anmol Jain
- Akshay Kashyap
Greenfuel Energy Solutions Starts Ferrule-less Tube Production In Manesar
- By MT Bureau
- December 22, 2025
Greenfuel Energy Solutions, a subsidiary of Lumax Auto Technologies (LATL), has opened a manufacturing line for ferrule-less tubes and fittings at its Manesar facility. The line was inaugurated by the leadership team of Maruti Suzuki India.
The project involves an initial investment of INR 250 million, with a further INR 500 million planned over the next five years. The facility has the capacity to supply components for approximately 100,000 vehicles, with production ramping up in phases.
The facility localises the production of ferrule-less tubes and fittings for CNG vehicles, a technology that was previously imported. The solution uses torque-tightened assembly for mass production. Greenfuel developed the line in collaboration with its German partner, WEH Gas Tech, adapting the technology for Indian conditions.
Deepak Jain, Director, Lumax Auto Technologies, said, “The localisation of this technology reflects our strong commitment to the ‘Make in India’ agenda. By bringing critical manufacturing capabilities onshore, we are accelerating technology transfer, strengthening domestic supply chains, and enhancing India’s competitiveness in advanced automotive manufacturing.”
Anmol Jain, Managing Director, Lumax Auto Technologies, added, “This initiative lays the foundation for scalable and sustainable growth. It improves operational efficiencies, deepens collaboration with OEM partners, and enables faster validation cycles supporting the evolution of Indian manufacturing towards higher value-added capabilities.”
The transition to domestic manufacturing is intended to reduce reliance on global supply chains and eliminate costs associated with import duties and foreign-exchange exposure.
Akshay Kashyap, MD & CEO, Greenfuel Energy Solutions, said, “We are the first and only company in India to localise ferrule-less tubes and fittings along with the underlying manufacturing technology. This Make-in-India solution offers ease of installation, reduced labour costs, and enhanced safety for the automotive industry. We have already commenced supplies to a leading OEM and are witnessing strong interest from others.”
“This technology has been proven in Europe and used by an established German automotive brand for over seven years. We have successfully indigenised it in India in collaboration with our long-standing German partner, WEH Gas Tech, a relationship spanning nearly two decades. While the core line was sourced from Germany, it has been adapted and optimised for Indian operating conditions, combining global credibility with local engineering expertise,” added Kashyap.
In 2024, Lumax Auto Technologies Limited acquired a 60 percent stake in Greenfuel Energy Solutions’ alternate fuels business for INR 1.53 billion. The division reported revenues of INR 1.7 billion in the first half of the year and maintains an order book of approximately INR 2 billion. The expansion aligns with the industry-wide shift toward alternate-fuel platforms in India.
- Uno Minda
- ICSI National Awards
- The Institute of Company Secretaries of India
- Ministry of Corporate Affairs
- Dr Raj Bhushan Choudhary
- P T Usha
- D Y Chandrachud
- Tuhin Kanta Pandey
- Securities and Exchange Board of India
- SEBI
Uno Minda Receives ICSI National Award For Corporate Governance
- By MT Bureau
- December 22, 2025
Tier 1 automotive component supplier Uno Minda has been named the ‘Best Governed Company’ at the 25th ICSI National Awards for Excellence in Corporate Governance. The company received the award in the Listed Segment (Medium Category) during a ceremony held on 19 December 2025.
The Institute of Company Secretaries of India (ICSI), a body under the Ministry of Corporate Affairs, recognised Uno Minda for its governance framework, Board structure and transparency. The evaluation also considered stakeholder value enhancement, CSR, and sustainability. The company treats governance as an enabler of growth and value creation.
The award was presented by Dr Raj Bhushan Choudhary, Minister of State for Jal Shakti, and P T Usha, Member of Parliament and President of the Indian Olympic Association.
The jury for the awards was chaired by Dr Justice D Y Chandrachud, former Chief Justice of India. Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India (SEBI), attended the event as Guest of Honour.
This recognition follows other governance awards received by the company. Uno Minda was previously granted the ‘Amrop–ET India’s Best Board’ Award in 2021 for Board effectiveness and leadership. It also received the Golden Peacock Award for Excellence in Corporate Governance in 2020 from the Institute of Directors.
The ICSI National Awards are intended to promote governance standards that support the socio-economic objectives of the Government of India.

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