Refex Green Mobility withdraws proposed asset takeover from Gensol Engineering amid market scrutiny
Find out why Refex Green Mobility and Gensol Engineering called off their proposed EV asset takeover and how it’s affecting investor sentiment. Read More
Tata Motors faces 9% sales decline in February 2025 as passenger and commercial vehicle demand softens
Tata Motors reported a decline in total vehicle sales for February 2025, reflecting ongoing challenges in both the passenger and commercial vehicle segments. The company ... Read More
Rivian projects higher deliveries in 2025 but faces mounting losses amid expansion
Rivian Automotive, Inc. (NASDAQ: RIVN) has provided its financial and operational guidance for 2025, signaling both growth and ongoing financial hurdles. The electric vehicle (EV) ... Read More
Uno Minda takes full control of UMEV, strengthens position in electric vehicle market
Uno Minda Limited, a leading automotive components manufacturer, has announced a major strategic acquisition to solidify its role in the fast-growing electric vehicle market. The ... Read More
Arcadium Lithium acquisition by Rio Tinto nears completion after regulatory approvals
Arcadium Lithium plc has reached a significant milestone in finalizing its $6.7 billion acquisition by Rio Tinto, having now secured all necessary global regulatory approvals. ... Read More
Sundaram Clayton expands die-casting operations with world-class facility, reports strong growth
Sundaram Clayton Limited (SCL), a major manufacturer of aluminium die-casting components, has taken a significant step forward with the launch of a state-of-the-art die-casting facility ... Read More
American Axle and Dowlais announce $1.44bn merger to create global driveline leader
The global automotive supply chain is undergoing a major transformation as American Axle & Manufacturing Holdings, Inc. (AAM) and Dowlais Group PLC announce a definitive ... Read More
Kinetic Engineering secures Rs 177cr investment to propel EV innovation and growth
Kinetic Engineering Limited (KEL), a leader in India's automotive components sector, has unveiled a strategic INR 177 crore investment initiative aimed at transforming the company ... Read More
Bharat Mobility Global Expo 2025: India’s transformative step toward sustainable mobility
The Bharat Mobility Global Expo 2025, inaugurated by Prime Minister Narendra Modi on January 17, marks a defining moment in India’s mobility landscape. With the ... Read More
Tata Motors’ Q3 FY25 sales reflect mixed growth across key segments
Tata Motors Limited reported its Q3 FY25 sales, revealing steady overall performance despite contrasting results across its commercial and passenger vehicle segments. The company achieved ... Read More