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First Israeli auto firm sets up manufacturing unit in India
Automotive Industries - May 21,2024
EVR Motors inaugurates its new plant in Manesar, Haryana, as the first manufacturing operation in India for an Israeli automotive firm. The facility will produce trapezoidal geometry coils for EVR&apo .

TI Clean Mobility commits Rs 320 crore investment
Automotive Industries - May 17,2024
TI Clean Mobility, a subsidiary of Tube Investments of India Ltd, plans to invest Rs 471 crore in expansion, primarily to establish a Chennai factory for electric small commercial vehicles. The compan .

Murugappa Group plans to invest Rs 3,000 crore on EVs
Automotive Industries - May 13,2024
TI Clean Mobility, a Tube Investments of India Ltd subsidiary, signs ₹580 crore agreement with GEF Capital Partners for EV venture. The firm has raised ₹2,530 crore of its planned ₹3,000 crore f .

Honda commissions new R&D facility to accelerate electrification in India
Automotive Industries - May 13,2024
Honda R&D (India), a subsidiary of Honda Motor Co, inaugurates a new research and development center in Bengaluru to accelerate electrification in India. Aligned with Honda's global goal of carbo .

CtrlS Datacenters Ltd to ramp up its capacity to over 1 gigawatt in 4 yrs
Automotive Industries - Apr 29,2024
CtrlS Datacenters Ltd, Asia's largest Rated-4 data centre operator, plans to invest over $2 billion in the next three to four years to increase its capacity from 234 megawatts (MW) to over a giga .

Sokudo Electric to build motor and controller plant in Greater Noida
Automotive Industries - Apr 25,2024
Sokudo Electric plans a 20,000 sq. ft. advanced motor and controller plant in Greater Noida, UP, focusing on IoT-driven features and patented models for smart electric two-wheelers. With a 60-day co .

Odysse Electric looking to raise USD 5-10 million for expansion
Automotive Industries - Apr 23,2024
Odysse Electric plans to raise USD 5-10 million to fuel growth initiatives, including new product development and expanding manufacturing capabilities for the mass market. CEO Nemin Vora stated that t .

SDLG opens its maiden manufacturing facility in Bengaluru
Automotive Industries - Apr 23,2024
SDLG, a Volvo Group member, inaugurated its first manufacturing plant in Peenya, Bengaluru. With a capacity of 1,000 machines annually per shift, it focuses on five products. SDLG's growth machin .