Bosch Limited said it will enter into a joint venture with Tata Autocomp Systems Limited to establish a manufacturing business for e-axles and electric traction motors in India. The board approved the proposal on 18 March 2026, and the agreement is scheduled to be executed on 23 March 2026, subject to regulatory approvals and agreed […]
KKR announced on 18 March 2026 that it will commit up to USD 310 million to form a strategic partnership with Allfleet India Private Limited and PMI Electro Mobility Solutions Private Limited to expand an electric bus platform in India. The transaction includes the acquisition of a majority stake in Allfleet and a minority stake […]
The India-European Union Trade and Technology Council (TTC) held its second workshop on electric vehicle (EV) charging technologies from 15 to 17 March 2026 at the Joint Research Centre (JRC) in Ispra, Italy. The workshop focused on strengthening cooperation on standardisation, smart and bidirectional charging, megawatt charging systems, and wireless power transfer. The programme brought […]
Tsuyo Manufacturing, an electric mobility company and e-mobility component manufacturer, has received clearance from the Government of Karnataka to establish an EV powertrain manufacturing and validation facility in the Hubli-Dharwad region. The project will be developed on a 20-acre site with an investment of INR 2.5 billion and will focus on integrated manufacturing and testing […]
Exicom Tele-Systems Limited inaugurated an integrated manufacturing facility in Hyderabad on 16 March 2026 to expand production of electric vehicle (EV) charging systems and critical power solutions. The facility is intended to support rising demand for EV charging infrastructure, lithium-ion battery systems, and power electronics used in telecom networks, data centres, and other infrastructure requiring […]
Eugen Forschner GmbH began production at its new plant in Chennai, India, on 24 February 2026, marking the start of operations at the facility and the company’s entry into local manufacturing in the Indian market. The plant forms part of the company’s expansion through its subsidiary Forschner Automotive India Private Limited, incorporated in October 2025. […]
Ashok Leyland Limited has begun construction of a battery pack manufacturing facility at Pillaipakkam near Chennai in Tamil Nadu. The project marks the development of a greenfield unit intended to support the company’s electric mobility manufacturing and battery pack production capabilities. The project will involve an investment of INR 4–5 billion and forms part of […]
Kinetic Engineering Limited announced a promoter group capital infusion of INR 400 million to strengthen its balance sheet and support expansion in electric vehicle (EV) and automotive component businesses. The development was disclosed on 11 March 2026 and comes as the company expands its activities in EV components, battery systems, and precision engineering. The investment […]
Minda Corporation Limited said its wholly owned subsidiary Spark Minda Green Mobility Systems Private Limited has signed a joint venture agreement with Turntide Drives Limited, United Kingdom, to develop and manufacture electric vehicle (EV) powertrain components in India. The agreement was signed on 09 March 2026 and the venture will operate through the incorporation of […]
Centre for Development of Advanced Computing (C-DAC), Indian Institute of Technology Madras and Lucas TVS have developed a 30 kW Wide Band Gap (WBG)-based Integrated Drive System (IDS) for electric vehicle applications. The system was launched in Chennai on 02 March 2026 under the National Mission on Power Electronics Technology (NaMPET) of the Ministry of […]
