ETAG Energietechnik, the Indian subsidiary of Germany-based ETAG (European Technology Alliance Group) GmbH, has announced plans to invest approximately ₹300 crore in a new facility in Mangalore Special Economic Zone (SEZ). The unit is expected to become operational by early 2026. According to a press release issued by the company, ETAG has acquired a land […]
Gensol Electric Vehicles (GEVPL), a subsidiary of Gensol Engineering, has announced receiving 30,000 pre-orders for its newly unveiled electric vehicles, EZIO and EZIBOT, at the Bharat Mobility Global Expo 2025. The pre-orders were placed by existing fleet operators. EZIO is a compact electric vehicle designed for urban mobility, while EZIBOT is intended for last-mile delivery […]
Jupiter Electric Mobility (JEM), a subsidiary of Jupiter Wagons Limited, has announced a partnership with logistics platform Porter to advance the adoption of electric vehicles (EVs) in the commercial transport sector. The collaboration focuses on integrating JEM’s light commercial electric vehicle, JEM Tez, into Porter’s operations across 22 cities. Under the agreement, Porter will support […]
Indus Towers Limited has announced plans to enter the Electric Vehicle (EV) charging infrastructure sector. The company’s board of directors has approved this initiative, subject to a prudential framework. Pilot EV charging stations have already been launched in Gurugram and Bengaluru. The move aligns with the government’s focus on increasing EV adoption and developing related […]
BNC Motors has inaugurated a 250,000-square-foot electric two-wheeler manufacturing facility in Coimbatore, Tamil Nadu. The new facility is designed to produce up to 15,000 vehicles per month, addressing both domestic and export markets. The plant includes in-house production capabilities for batteries, electronics, and fabrication, which the company states will support a high level of vertical […]
Tata AutoComp Systems Limited showcased its latest automotive component technologies and localisation initiatives at the Bharat Mobility Global Expo 2025. The event featured the company’s advancements in electric vehicle (EV) components, including lithium-ion battery packs, battery management systems, EV chargers, e-compressors, and integrated drivetrain solutions for both electric and internal combustion engine (ICE) vehicles. The […]
Blue Energy Motors has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to establish a manufacturing facility for electric trucks in the state. The agreement was finalized at the World Economic Forum in Davos. The company plans to invest approximately ₹3,500 crores in building the facility, which will have the capacity to […]
Vietnamese electric vehicle manufacturer VinFast has announced a $500 million investment over five years to construct a car and battery manufacturing facility in Tamil Nadu, India. The plant, currently under construction in Thoothukudi, is expected to be completed by the second half of 2025. It will have an initial production capacity of 50,000 vehicles annually, […]
Hyundai Motor India Limited (HMIL) announced its progress in localizing manufacturing processes, achieving up to 92% localization for its operations. This initiative, part of the company’s indigenization roadmap, includes collaboration with 194 suppliers to produce over 1,200 components at its Chennai facility. Since 2019, HMIL’s localization efforts have reportedly resulted in foreign exchange savings of […]
Hyundai Motor Company and TVS Motor Company have announced plans to explore a partnership aimed at developing electric three-wheelers and micro four-wheelers for the Indian market. The announcement was made at the Bharat Mobility Global Expo 2025, where Hyundai also showcased concept models of these vehicles. According to the press release, the collaboration seeks to […]