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Kia Rolls Out 1.5 Millionth Made-In-India Vehicle From Anantapur Facility
April 25, 2025
Interestingly, the Anantapur facility has so far manufactured over 700,668 units (46.7 percent) of Seltos, followed by 519,064 units (34.6 percent) of the Sonet, 241,582 units (16.1 percent) of the Carens, 23,036 units (1.5 percent) of the Syros and 16,17
MT Bureau
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Ergon Labs Bags INR 500 Million Order To Supply IPC Technology From Omega Seiki
April 25, 2025
Ergon’s IPC is claimed to offer 30 percent (17 degrees) gradeability, with peak torque operation extended from the industry-standard 1 minute to 3-5 minutes.
MT Bureau
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Hindalco Industries Delivers 10,000 Aluminium EV Battery Enclosures To Mahindra Group
April 25, 2025
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.
MT Bureau
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Maruti Suzuki India Clocks INR 139 Billion Net Profit For FY2025
April 25, 2025
The company, with sales of 2.23 million vehicles, clocked revenue of INR 1,451 billion in FY2025, up 7.5 percent YoY, as against INR 1,349 billion for the same period last year.
MT Bureau
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Stellantis’ Chinese Partner Leapmotor Plots India Entry By December 2025
April 25, 2025
The report further stated that Xin acknowledged the fact that while India was a potentially huge market for Leapmotors, but it would be difficult to make a profit in the country.
MT Bureau
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Elektrobit, Metoak Ink Strategic Partnership to Advance Software Defined Vehicle Tech
April 24, 2025
The collaboration integrates Elektrobit’s EB corbos Linux for Safety Applications – an open-source operating system compliant with automotive safety standards – with Metoak’s high-performance chips and driving algorithms.
MT Bureau