SWITCH Mobility Automotive Ltd., a subsidiary of Ashok Leyland and part of the Hinduja Group, has signed a Memorandum of Understanding (MoU) with electric mobility solutions provider Vertelo to deploy 1,000 electric commercial vehicles across India over the next three to five years. Under the agreement, Vertelo will lease and fund SWITCH’s electric light commercial […]
Royal Enfield plans to launch two electric motorcycle models under the Flying Flea brand by early 2026. The models, named FF-C6 with a classic design and FF-S6 with scrambler styling, will debut over the next two years, with the FF-C6 expected to be released in 2025, followed by the FF-S6 in 2026. In a recent […]
The electric vehicle (EV) industry is set to invest an estimated $20 billion across South and Southeast Asia (SSEA) as automakers expand their presence in response to anticipated demand growth. A recent report by S&P Global Ratings projects annual EV sales in the region to increase by more than 20% from 2024 to 2026, driven […]
Mahindra & Mahindra (M&M) has inaugurated two new testing facilities in Kanchipuram, Tamil Nadu, aimed at enhancing SUV safety and advancing battery technology. These facilities, including a passive safety lab and a battery and cell research lab, represent an investment of over ₹300 crore, according to a press release issued by the company. The passive […]
Ford Motor Company is evaluating changes in its strategy for its Chennai plant, with potential plans to focus on hybrid and internal combustion engine (ICE) vehicle components in addition to electric vehicles (EVs). This approach comes as the company assesses market volatility, particularly in China and Southeast Asia, which has affected EV demand. Sources indicate […]
Gujarat Fluorochemicals Limited (GFCL) has secured a capital investment of ₹1,000 crore for its electric vehicle (EV) battery materials subsidiary, GFCL EV Products. The investment round was led by InoxGFL Group promoters, alongside contributions from other investors and family offices from major Indian business groups, as stated in a company press release. This funding values […]
Jaguar Land Rover (JLR) has opened a new Open Innovation Hub in India, focused on advancements in electric vehicle (EV) technology, artificial intelligence (AI), and autonomous driving systems. The India facility is JLR’s fifth such hub, following similar centres in the UK, US, Israel, and Brazil. This expansion aligns with JLR’s ongoing initiative to foster […]
MoldTecs has opened its first manufacturing plant in India, located in Bawal, Haryana. The facility will produce technical plastic components for the automotive sector, marking a strategic expansion into the Indian market. The new plant aims to support the increasing demand from local original equipment manufacturers (OEMs) in India’s automotive industry. In a company-issued press […]
Mantra E-Bikes is set to establish a new 10-acre manufacturing facility in Hisar, Haryana, aimed at expanding production capacity to meet its target of selling 40,000 electric scooters by 2025. The facility will employ modern technology and automation to enhance operational efficiency and maintain product quality. In 2023, Mantra E-Bikes broadened its product line by […]
