Battery for Mitsubishi Challenger Car

India stationary energy storage market to grow thirtyfold by 2032

A new IESA study highlights massive growth potential in India’s stationary energy storage sector, fueled by rising renewable energy adoption, grid stability needs, and supportive government policies.

Tata AutoComp introduces performance incentives ahead of potential IPO

Tata AutoComp’s new incentive strategy signals strong IPO readiness while aligning employee performance with long-term growth and profitability goals.

Supreme Court permits sale of Rs 40.59 crore battery stock in Exide Amara Raja case

The Supreme Court has allowed the sale of battery stock worth Rs 40.59 crore in the ongoing Exide Industries and Amara Raja dispute, offering temporary relief while the larger legal battle continues.

Spiro raises $215 million to accelerate EV battery swapping across Africa

Spiro’s latest $215 million funding round marks a major push toward scaling battery-swapping networks and EV infrastructure across Africa, supporting faster adoption of electric mobility.

Cummins India Q4 profit surges to Rs 650 crore on strong domestic demand

Cummins India delivered a strong Q4 performance with Rs 650 crore profit, supported by rising domestic demand and steady market momentum.

China unveils 2026 automotive standards plan focused on AI, chips, and battery innovation

China has released its 2026 automotive standards roadmap, focusing on artificial intelligence, chip development, and next-generation battery technologies to strengthen its leadership in the global electric and smart vehicle market.