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VinFast expects to open India plant in first half of next year
Automotive Industries - Jun 15,2024
Vietnamese electric carmaker VinFast plans to open its India factory by mid-2024, six months ahead of schedule, following a $2 billion investment agreement with Tamil Nadu. The plant, started in Febru .

High Energy Batteries expands into fuel cells, flow batteries
Automotive Industries - Jun 12,2024
High Energy Batteries (India) Ltd announced at its AGM a strategic expansion into fuel cells and Vanadium Redox Flow Batteries (VRFB) for hydrogen-based power generation and energy storage. Emphasizin .

AURIC city to get a mega hybrid car manufacturing project
Automotive Industries - Jun 10,2024
AURIC in the Delhi Mumbai Industrial Corridor (DMIC) is set to host a major hybrid car manufacturing company, requiring a Rs 50,000 crore investment and 600 acres of land. The move is anticipated to b .

Brakes India, ADVICS joint venture to foster advanced braking in India
Automotive Industries - Jun 07,2024
Brakes India and ADVICS collaborate on developing advanced braking technology, including Electronic Stability Control (ESC), through a greenfield project in southern India. Brakes India holds a 51% st .

Tata Motors to invest Rs 9,000 crore in Tamil Nadu
Automotive Industries - Jun 04,2024
Tata Motors Group partners with the Tamil Nadu government for a new electric vehicle (EV) manufacturing unit, investing Rs. 9,000 crore over five years. The initiative aims to bolster Tata Motors&apos .

Talbros Automotive plans major capacity expansion across divisions
Automotive Industries - May 31,2024
Talbros Automotive Components Ltd. plans expansion amid 80-90% capacity utilization. Focus areas include gasket and heat shield divisions, with a new premise secured in Chakan, Pune. Capex of Rs 20 cr .

NDR Auto Components to expand operations
Automotive Industries - May 31,2024
NDR Auto plans expansion as it reaches capacity in existing plants, acquiring land near Maruti Suzuki and Kia facilities. Utilization at 80% across Haryana, Bangalore, and Gujarat. Order book at Rs 25 .

Lectrix EV to invest Rs 100 crore in FY25, plans multiple launches
Automotive Industries - May 29,2024
Lectrix EV, SAR Group's electric mobility arm, targets the two-wheeler segment with new model launches and Rs 100 crore investment in FY25 for charging infrastructure, manufacturing, and R&D. Its .