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BorgWarner bags four new electric motor projects from major Chinese OEMs

BorgWarner bags four new electric motor projects from major Chinese OEMs

Published : 14, Feb 2025

The projects include the supply of 400V high-voltage hairpin (HVH) motors to a prominent Chinese new energy vehicle supplier for their 200kW hybrid rear-drive platform, with production...

Godawari Electric Motors collaborates with Shriram Finance Ltd

Godawari Electric Motors collaborates with Shriram Finance Ltd

Published : 13, Feb 2025

Shriram Finance Ltd. will serve as the preferred finance partner for Godawari Electric Motors, providing tailored financing solutions that will help customers make the transition to...

 Statiq partners with SBI to launch India's first-of-its-kind EV charging station financing scheme

Statiq partners with SBI to launch India's first-of-its-kind EV charging station financing scheme

Published : 13, Feb 2025

Under this scheme, SBI will provide term loans ranging from Rs10 lakh to Rs 5 crore at concessional interest rates, with an additional 2 per cent interest subvention for loans up to...

 Ashok Leyland reports highest Q3 net profit of Rs 762 crore

Ashok Leyland reports highest Q3 net profit of Rs 762 crore

Published : 12, Feb 2025

It reported an all-time high Q3 EBITDA of Rs 1,211 Cr (12.8 per cent) compared to Rs 1,114 Cr (12.0 per cent) in Q3 FY24, marking the eighth consecutive quarter with double-digit EBITDA...

Duracell Inc. grants licensing rights to Satya Intl for batteries and automotive accessories across Asia and Africa

Duracell Inc. grants licensing rights to Satya Intl for batteries and automotive accessories across Asia and Africa

Published : 4, Feb 2025

Under this agreement, Satya Intl will deliver an extensive range of lead-acid, tubular, inverter, and UPS batteries to consumers under the Duracell brand.

Magna expands in India with new state-of-the-art facility in Chakan

Magna expands in India with new state-of-the-art facility in Chakan

Published : 31, Jan 2025

This state-of-the-art facility spans 65,000 sq. ft. and is dedicated to producing advanced latches and mirrors for automotive applications, primarily supporting customers in western...

Škoda Auto commemorates 25 Years in India

Škoda Auto commemorates 25 Years in India

Published : 31, Jan 2025

Today, India plays a crucial role in Škoda's internationalisation strategy, enabling the company to tap into sales potential across the ASEAN region, the Middle East, Australia, and...

igus unveils the world's first bicycle made from recycled ocean plastics

igus unveils the world's first bicycle made from recycled ocean plastics

Published : 29, Jan 2025

Currently on a global tour across 16 countries, the bicycle arrived in India on 27th January 2025. The tour officially began at the company's headquarters in Cologne, Germany.

Zypp Electric appoints Parag Raheja as Executive Vice President

Zypp Electric appoints Parag Raheja as Executive Vice President

Published : 21, Jan 2025

In this role, Raheja will oversee fleet operations and rider experience, advancing Zypp Electric’s mission to revolutionise sustainable transportation.

Marposs to unveil cutting-edge e-mobility and manufacturing solutions at IMTEX 2025

Marposs to unveil cutting-edge e-mobility and manufacturing solutions at IMTEX 2025

Published : 21, Jan 2025

From enhancing battery safety to ensuring drivetrain efficiency, these innovative solutions position Marposs as a leader in cutting-edge testing systems.