Uno Minda to Invest ₹550 Crore in New Maharashtra EV Powertrain Facility
Uno Minda Limited will invest ₹550 crore to set up a new manufacturing facility in Maharashtra for electric drive units and hybrid transmissions, targeting commissioning in Q2 FY28 to meet rising demand for advanced EV powertrains.
India extends deadline for rare earth magnet manufacturing scheme bids to June 2026
India pushes its rare earth ambitions further by extending the bidding timeline, encouraging wider participation and strengthening local manufacturing capabilities.
Emerson expands NI Nigel AI capabilities across test software portfolio
Emerson integrates advanced NI Nigel AI features into its test software suite to streamline workflows, enhance data analysis, and accelerate product development cycles.
Yuma Energy, MMRC to install 22 battery swapping stations on Mumbai metro line 3
The collaboration aims to strengthen Mumbai’s EV ecosystem with convenient battery swapping infrastructure along Metro Line 3.
Ola Electric S1 X+ 5.2 kWh gets ICAT nod for 4680 Bharat cell
Ola’s S1 X+ 5.2 kWh scooter receives ICAT certification for its new 4680 Bharat Cell, marking a major step in indigenous EV battery technology.
Chennai Suburban railway to roll out EV battery swapping stations
Chennai takes a major step toward green mobility as suburban railway stations prepare to host EV battery swapping infrastructure.
Greaves Cotton appoints Vinay Pawar as Group CTO to lead technology transformation
Greaves Cotton has announced Vinay Pawar as its new Group CTO, reinforcing its focus on advanced technology, digital innovation, and future-ready mobility solutions.
Battery industry seeks clarity on HSN codes and manufacturer approval norms
Lack of clarity on HSN codes and approval norms is creating hurdles for India’s battery sector, impacting compliance and industry growth.
Battery Smart secures $15 million to expand EV battery swapping network in India
Battery Smart secures fresh funding to expand its battery swapping ecosystem, aiming to boost EV adoption and improve last-mile delivery efficiency across India.
Rocklink India inaugurates advanced battery and magnet recycling plant in Uttar Pradesh
German-backed Rocklink India has opened India's first advanced lithium-ion battery and permanent magnet recycling plant in Sikandrabad, Uttar Pradesh.
Amara Raja to invest Rs 10,000 crore in lithium cell manufacturing by 2032
Amara Raja is set to invest Rs 10,000 crore in lithium cell manufacturing by 2032, aiming to expand India’s EV battery ecosystem and reduce import dependency.
Tata Group’s Agratas secures £380M UK Grant for Somerset EV Battery Plant
Agratas, Tata Group’s battery arm, has secured a £380 million grant from the UK government to support its Somerset gigafactory, accelerating EV battery production and strengthening Britain’s clean mobility ambitions.
Oil Prices Drop Sharply as Strait of Hormuz Reopens, US Stocks Hit Record Highs
Oil prices dropped sharply as Iran reopened the Strait of Hormuz for commercial tankers, easing supply concerns. US stock markets hit record highs, with airlines and cruise operators benefiting from lower fuel costs.
Bosch reports lower profitability in 2025 amid restructuring and mobility sector challenges
Bosch faces margin pressure in 2025 as restructuring and mobility challenges test its long‑term resilience.
Smart Garage Secures ₹2.4 Crore in Pre-Series A Funding to Expand Network
Smart Garage raised ₹2.4 crore in Pre-Series A funding, plans to expand from 500 to over 10,000 workshops by 2030, and will introduce new revenue models to strengthen India's automotive service infrastructure.
