Page 8- Industry Movement News

Hyundai Motor Group has scaled up its Hyundai Center of Excellence into a seven-university, pan-India research network focused on advanced battery, BMS and electrification technologies.

Auto lighting major Neolite ZKW Lighting is set to launch its Rs 600 crore IPO after receiving SEBI approval, with plans to expand production and enhance market reach.

India pushes its rare earth ambitions further by extending the bidding timeline, encouraging wider participation and strengthening local manufacturing capabilities.

Ola Electric has greenlit a Rs 2,000 crore investment aimed at expanding its battery cell production and advancing in-house technology capabilities, reinforcing its long-term EV strategy.

Emerson integrates advanced NI Nigel AI features into its test software suite to streamline workflows, enhance data analysis, and accelerate product development cycles.

From EV fleets to cleaner supply chains, India’s logistics sector is going green at a rapid pace.

Maruti Suzuki’s continued dominance in India is helping Suzuki close the gap with Honda in global sales rankings, signaling a major shift in the automotive hierarchy.

TVS Motor strengthens its board with the appointment of Ravindran Shanmugam as an Independent Director for a five-year tenure.

PTC emphasizes the growing role of AI-driven data integration in reshaping automotive engineering workflows and accelerating innovation.

VinFast is reshaping its Vietnam operations to enhance manufacturing efficiency and optimize capital allocation, signaling a strategic shift toward sustainable growth and global competitiveness.

Tata Motors achieved a 54% surge in exports during FY26, showcasing resilience despite ongoing disruptions in key Middle Eastern markets.

BorgWarner strengthens its emissions technology portfolio by supplying turbochargers and EGR coolers for upcoming Euro 7-compliant heavy-duty diesel engines.

Netradyne India records strong FY25 performance with 29% revenue growth and profitability, highlighting increased adoption of AI-driven fleet safety solutions.

EV manufacturers face rising costs for lithium, memory chips, and key metals, with lithium prices tripling and memory chip costs surging due to AI demand. Companies have raised prices and expect continued margin pressure.

LetzRyd strengthens its leadership by appointing Ambuj Mishra to enhance its AI-based fleet management platform and scale intelligent mobility solutions.