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Ola Electric set to invest Rs. 3,500 crore in five years under PLI scheme.

Ola Electric has committed total investments of Rs. 3,500 crore in five years, much higher than the minimum investment required for such firms (Rs. 2,000 crore) under the production-linked incentive... Full Story

Tata Motors signs MoU with Maharashtra to set up vehicle scrapping facility.

Tata Motors, India’s largest commercial vehicle manufacturer, recently signed a memorandum of understanding (MoU) with the Maharashtra government to support setting... Full Story

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Tata Motors 'to invest' Rs. 7,500 cr in commercial vehicles, focus on EVs.

Tata Motors will invest Rs. 7,500 crore in five years in commercial vehicles (CV) as it seeks to recast the business... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

Hyundai to invest Rs. 1,400 crore in Telangana's Mobility Valley: Minister.
In a major fillip to the Telangana government's proposed Mobility Valley, Korean auto major Hyundai has announced an investment of Rs. 1,400 crore in the upcoming project for setting... Full Story
Olectra commences trials of heavy-duty electric tipper.
Electric mobility firm Olectra Greentech has announced that it has begun trials of its 6x4 heavy-duty electric tipper as part of its plans to expand... Full Story
Kia to ramp up production in Andhra Pradesh factory as semiconductor crisis eases, demand grows.
South Korean automobile manufacturer Kia said it will shortly start a third shift at its factory in Andhra Pradesh amid easing of supply constraints of semiconductors to... Full Story
Lord’s Mark Industries to form jt venture with Kerala Automobiles for manufacturing EVs .
Mumbai based Lord’s Mark Industries Pvt Ltd. has entered into a joint venture with Kerala Automobiles Ltd. (KAL) for the manufacture of electric vehicles (EVs). The... Full Story
Kia India rolls out first unit of Kia Carens from Anantapur facility ahead of launch.
Kia India recently said it has rolled out the first unit of its recreational vehicle (RV), Kia Carens, from its Anantapur manufacturing facility in Andhra Pradesh, ahead of its launch. The vehicle,... Full Story
Greaves Electric Mobility plans to drive in new electric scooter, cargo three-wheeler.
Leading electric two and three-wheeler manufacturer Greaves Electric Mobility, an arm of Greaves Cotton Ltd., is working on a new set of products, which will... Full Story
Mahindra Electric aims to double production capacity, to add half a dozen models.
Playing catch-up in the personal electric mobility space, Mahindra Electric is aiming to march ahead in the last-mile mobility segment. Led by strong demand, the company is... Full Story
Hero Electric plans capacity expansion to five million units in five years.
Leading electric two-wheeler maker Hero Electric is looking to expand production capacity to five million units in the next five years to meet growing demand for electric vehicles... Full Story