ZF Group, a manufacturer of automotive components, has commenced local production of its Electric Park Brake (EPB) system in India. The system is being supplied to a domestic passenger vehicle manufacturer for use in a newly launched electric vehicle platform. Several thousand units are expected to be delivered over the coming years. This is the […]
The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Ather Energy to support electric vehicle (EV) manufacturing and promote deep-tech startup development in India. The partnership falls under the Startup Policy Forum’s “Build in Bharat” initiative, which includes over 50 innovation-focused startups. Under the agreement, DPIIT […]
Musashi India, a wholly‑owned subsidiary of Japan’s Musashi Seimitsu Industries, today announced an investment of INR 100 million in the first year to establish a new Musashi Technology Excellence Centre (MTEC) in Bengaluru at the Atria University Campus. The centre will specialise in energy storage systems and electric‑mobility technology. The R&D centre will focus on […]
DENSO Corporation, a supplier of automotive components and systems, has announced plans to invest INR 2.5 billion to establish a manufacturing facility in Gautam Buddha Nagar, Uttar Pradesh. The plant will produce Motor Generators (MG)—key components in hybrid and electric vehicles—supporting the company’s efforts toward cleaner mobility solutions. The announcement followed a strategic meeting at DENSO’s […]
Exide Industries Limited, a manufacturer of storage batteries, has invested INR 1 billion in its wholly owned subsidiary, Exide Energy Solutions Limited (EESL), through a rights issue. With this infusion, Exide’s total investment in EESL now stands at INR 37.02 billion. The transaction does not affect Exide’s 100 percent ownership of the subsidiary. EESL, incorporated in […]
Uno Minda Limited, a supplier automotive components and systems, has completed the acquisition of the e‑Drives business assets in Vietnam from Friwo Vietnam Company Limited. The transaction was executed via its wholly owned step‑down subsidiary, Minda Industries Vietnam Company Limited, and finalized on 22 July 2025. This deal marks part of Uno Minda’s broader international expansion […]
Pastiche Energy Solutions, a manufacturer of electric vehicle (EV) battery technology, has unveiled a lithium-ion battery manufacturing facility with an initial production capacity of 1.5 GWh. The plant is equipped with automatic laser welding lines and high-power testing systems to support the production of large-capacity batteries for EVs and battery energy storage systems (BESS). The […]
SEG Automotive has completed the rapid development of a high voltage electric motor prototype at its Hosur facility in Tamil Nadu, India. Developed in just three months, the prototype has passed all mandatory validation tests and fulfilled customer performance specifications. The achievement highlights the growing role of SEG Automotive’s Indian engineering operations in the company’s […]
Everta, a Mumbai-based EV charger manufacturer, plans to scale up production to 3,000 DC fast chargers annually by 2027. The company is investing INR 1.5 billion in a new manufacturing plant in Karnataka to support this expansion, aiming to capture a significant share of India’s EV charging infrastructure market. Scheduled to become operational by the third […]
Ola Electric plans to fully transition to in-house battery and motor systems across its electric vehicle portfolio, with a phased integration of its rare earth-free motors and 4680-format lithium-ion battery cells. The company expects to utilize its 1.4 GWh cell production capacity by the end of FY26 and expand it to 5 GWh by FY27, […]
