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Daimler India plans to manufacture E-buses, hydrogen trucks
Automotive Industries - Aug 09,2023
Daimler India Commercial Cars (DICV) is reportedly considering entering the Indian market with electric buses and hydrogen trucks, aligning with India's transition towards zero-emission vehicles. .

Lord’s Mark Industries, Kerala Automobiles establish JV for EV production
Automotive Industries - Aug 07,2023
Mumbai-based Lord's Mark Industries Limited has partnered with Kerala Automobiles Ltd to manufacture electric 2 and 3-wheelers, passenger vehicles, and loaders. The joint venture aims to produce .

Eicher Motors Q1 net rises 50 per cent
Automotive Industries - Aug 04,2023
Eicher Motors, the parent company of Royal Enfield, reported a 50% increase in Q1 net profit to Rs 918 crore, attributed to higher sales and revenue. Income from operations rose 17% to Rs 3,986.4 cror .

M&M to invest Rs 500 crore to strengthen its EV infra in Tamil Nadu
Automotive Industries - Aug 01,2023
Mahindra & Mahindra has increased its investment in Tamil Nadu's EV infrastructure by over 500 crore to accelerate the development of EV platforms for electric SUVs. They invested 210 crore to bu .

Toyota plans to establish ancillary manufacturing unit in India
Automotive Industries - Aug 01,2023
Toyota is considering establishing an auxiliary manufacturing facility in India to capitalize on New Delhi's emergence as a manufacturing hub and reduce dependence on China for supplies. The Japa .

Bajaj Auto increases push in EV market, lines up Rs 500-crore investments
Automotive Industries - Aug 01,2023
Bajaj Auto is intensifying its efforts in the electric vehicle (EV) market for both two-wheelers and three-wheelers. After evaluating product performance and customer reactions, the Pune-based company .

Sona Comstar to invest Rs 100 crore in Chennai facility
Automotive Industries - Jul 31,2023
Sona BLW Precision Forgings (Sona Comstar), a leading automotive technology provider, plans to invest Rs 99.7 crore to expand its Chennai facility's production capacity of EV traction motors and .

Navsari to get a PM Mitra Park at 1141 acres, to create around 3 lakh jobs
Automotive Industries - Jul 13,2023
The Indian textile industry is one of the world's largest in terms of production capacity and raw material availability. To enhance global competitiveness, the central government aims to develop .