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UNO Minda Commits INR 4.23 Billion New Greenfield Plant For Manufacturing EV Powertrain For PVs & CVs
April 30, 2025
UNO Minda Auto Innovations, a subsidiary of the company, will execute the project, which subsequently will be converted into a joint venture company with Suzhou Inovance Automotive (Inovance Automotive).
MT Bureau
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Cygni Energy Bets Big on EVs, Alternative Chemistries with INR 2.5 Billion Gigafactory Investment
April 30, 2025
With a sharp focus on electric mobility, energy storage systems, and next-generation battery chemistries, Cygni is positioning itself to meet growing domestic and international demand for sustainable energy solutions.
Nilesh Wadhwa
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JBM Partners Hitachi ZeroCarbon To Get Access To Real-time Battery Data
April 30, 2025
The partnership will provide JBM access to real-world insight into the performance and resilience of electrified transport in a high-demand urban environment, accelerating cost-effective and clean transport in Indian cities.
MT Bureau
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Indofast Energy, EVeez To Deply 20,000 E-Bikes In 24 Months
April 30, 2025
The partners have collaborated to drive EV adoption in the last-mile delivery space. Now, they aim to expand the association across new geographies, which will enable reduction in operational costs, minimise downtime and enhance efficiency for delivery pa
MT Bureau
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Daewoo Launches Automotive Lubricant Range In Partnership With Mangali Industries In India
April 29, 2025
With this association, Mangali Industries will introduce Daewoo’s range of lubricants for the two-wheelers, passenger cars, commercial vehicles and agriculture segments.
MT Bureau
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RenewBuy Enters Auto Loan Segment with Launch of RB Wheelz, Targets Disbursing INR 15 Billion Loan In FY2026
April 29, 2025
In the final quarter of FY25, RenewBuy disbursed nearly INR 1 billion in automotive loans.
MT Bureau