Electric Mobility

Gujarat Fluorochemicals Announces IFC Investment in Subsidiary for Integrated Battery Materials Facility

Gujarat Fluorochemicals Limited has announced that the International Finance Corporation will invest about USD 50 million in its subsidiary GFCL EV Products Limited to develop an integrated battery materials facility. The investment will be made through compulsorily convertible instruments and is intended to expand domestic capacity in battery chemicals, cathode active materials and binders. According […]

Precision Camshafts Advances New Programmes, Investment Plans and E-Mobility Development

Precision Camshafts Limited outlined its ongoing programme execution and capital commitments across its camshaft and e-mobility operations. The company reported progress on several engine programmes awarded over the past year, supported by an investment of approximately INR 1.2 billion to establish new manufacturing plants in Solapur. These programmes include supplies for Maruti Suzuki’s new three-cylinder […]

VinFast to Invest USD 500 Million to Expand Tamil Nadu Facility for Electric Buses and Two-Wheelers

VinFast, the electric vehicle manufacturer owned by Vingroup JSC, signed a memorandum of understanding (MoU) with the Government of Tamil Nadu on 4 December 2025 to expand its Thoothukudi manufacturing facility. The agreement allocates additional land for new production capacity and marks the second phase of the company’s previously announced USD 2 billion commitment in […]

Musashi India expands Bengaluru plant, raises annual capacity to 6.5 million transmission sets

Musashi India, a subsidiary of Japan’s Musashi Seimitsu Industries engaged in the manufacture of transmission components for two-wheelers and four-wheelers, has completed the Phase 2 expansion of its Bengaluru manufacturing facility. The enlarged plant is scheduled to become fully operational by December 2025, increasing capacity across conventional and electric mobility product lines. The project adds […]

Samhyun to Establish EV Drivetrain and Motor Systems Unit in Chennai

Samhyun Motions and Controls India Private Limited, the Indian subsidiary of Samhyun Co., Limited headquartered in in Changwon in Gyeongsangnam-do, South Korea, has acquired an eleven-acre industrial parcel in Sri Perumbudur, Chennai, to establish a new facility for manufacturing electric vehicle (EV) motor components. The land was purchased from Tata Chemicals, with JLL advising exclusively […]

Turntide Technologies Opens New Facility and Centre of Excellence in Pune

Turntide Technologies, a developer of power electronics, electric motors, and industrial automation systems, has inaugurated a new office and Centre of Excellence in Pune to expand its support for original equipment manufacturers, system integrators, and Tier 1 suppliers in India. The facility is intended to strengthen the company’s presence in one of the largest markets […]

Craftsman Automation scales up EV and export manufacturing capacities with steady order inflows

Craftsman Automation Limited is expanding capacity and strengthening its presence in electric vehicle (EV) and export markets, backed by a solid order book from domestic and global original equipment manufacturers (OEMs). The Coimbatore-based company is adding new facilities and modernising existing ones to meet growing demand for lightweight and precision-engineered components. Craftsman is adding capacity […]

Shakti Pumps executing INR 17 billion expansion to double Pump, Motor, Inverter and Solar Structure capacities

Shakti Pumps (India) Limited, a manufacturer of solar and submersible pumping systems, is in the process of expanding its manufacturing capacities across pumps, motors, inverters, and solar structures under a capital expenditure programme of INR 17 billion. The capex plan also includes setting up a 2.2 gigawatt solar domestic content requirement (DCR) cell and photovoltaic […]

Minda Corporation commits INR 20 billion capex over five years to broaden product portfolio and expand EV component capacity

Minda Corporation Limited, a supplier of automotive components and systems, has announced plans to invest INR 20 billion over the next five years to expand manufacturing, strengthen localisation, and accelerate its electric vehicle (EV) product portfolio. The announcement was made during the company’s earnings call for the second quarter of the financial year ending March […]

Tsuyo Manufacturing Secures USD 4.5 Million to Expand EV Powertrain Operations

Tsuyo Manufacturing Private Limited, a New Delhi-based electric vehicle (EV) component maker, has raised USD 4.5 million in a funding round led by climate-focused venture capital firm Avaana Capital, with participation from several strategic investors. The funding will support the establishment of a new greenfield manufacturing plant, the creation of a research and development centre, […]