German auto giant BMW to invest $1.7bn to produce electric vehicles in US
German automobiles manufacturer BMW Group will invest $1.7 billion to produce battery electric vehicles in the US, as it targets to release at least six ... Read More
Tata Elxsi Q2FY23 profit after tax surges 39% to Rs 174.3cr
Tata Elxsi Q2FY23 results : Tata Elxsi has reported a profit after tax (PAT) for the quarter ended 30 September 2022 (Q2FY23) at INR 174.3 ... Read More
Bharat Forge, Harbinger Motors to develop electric powertrains for trucks
Kalyani Powertrain, a wholly owned subsidiary of Indian automotive forging company Bharat Forge, is set to create a joint venture (JV) with Harbinger Motors, a ... Read More
Sansera Engineering gets Rs 508m order from North American EV manufacturer
Sansera Engineering said that it has secured order confirmation for three components from an undisclosed North American manufacturer of electric vehicle (EV) passenger cars. According ... Read More
BorgWarner snaps up Rhombus Energy Solutions in deal worth up to $185m
BorgWarner, an American automotive supplier listed on the New York Stock Exchange (NYSE), has acquired Rhombus Energy Solutions, in a deal worth up to $185 ... Read More
RattanIndia backed Revolt to open new electric motorcycle store in Rajkot
Rattanindia Enterprises said that its subsidiary Revolt Motors will open a new electric motorcycle store in Rajkot, Gujarat. According to Rattanindia Enterprises, this is the ... Read More
Tata Power, Kolte-Patil Developers partner on EV charging stations
Tata Power has joined forces with real estate developer Kolte-Patil Developers (KPDL) to install electric vehicle (EV) charging stations across the latter’s projects in Pune, ... Read More
ABB acquires controlling stake in EV charging digital platform Numocity
Swiss automation company ABB, through its E-mobility unit, has agreed to acquire a controlling stake in Bengaluru-based Numocity, which has developed a digital SaaS platform ... Read More
Jindal Worldwide acquires Indian EV manufacturer Earth Energy EV
Jindal Worldwide, an Indian textiles company, is foraying into the electric vehicles (EV) sector by acquiring Earth Energy EV, a Mumbai-based electric vehicle start-up. The ... Read More
Tata Elxsi opens new technology development center in Thiruvananthapuram
Tata Elxsi, an Indian design and technology service provider, has opened a new technology development center in Thiruvananthapuram, Kerala to foster technology and research and ... Read More