EV makers to bet $20 billion on South and Southeast Asia, says report

The building of an electric car industry in South and Southeast Asia (SSEA) will be expensive. It will involve execution risk typical for cross-border expenditure, where entities will try to anticipate shifting poli...

Castrol India appoints Kedar Lele as Managing Director

Castrol India Limited, a leading lubricant manufacturer, has announced the appointment of Kedar Lele as its new Managing Director, effective 1 November 2024.

Anant Ambani , Murray Auchincloss inaugurate Jio-bp’s 500th EV-charging station

Anant Mukesh Ambani, Director, Reliance Industries Limited (RIL) and Murray Auchincloss, CEO, bp inaugurated the 500th Jio-bp pulse EV-charging station of Jio-bp, a fuels and mobility joint venture between RIL and b...

Evfy forays into EV charging; Installs 1st EV charging station in Delhi NCR

EVFY, an emerging start-up for electric automotive solutions, has announced its entry into the EV charging infrastructure space by installing its first Electric Vehicle (EV) charging station, marking a major step in...

Chandigarh leads in EV adoption, charging infrastructure in India

HERE Technologies, the leading location data and technology platform, in collaboration with SBD Automotive, a global automotive research firm, unveiled anElectric Vehicle (EV) Index for India.

ACMA aims at self-reliance, global competitiveness: 64th Annual Session

The Automotive Component Manufacturers Association of India (ACMA), the leading organisation for India’s auto component sector, held its 64th Annual Session on September 09, 2024, centered on the theme ‘Viksit Bhara...

Tamil Nadu CM inaugurates Renault Nissan Tech workspace in Chennai

Renault Nissan Technology & Business Centre India Private Limited (Renault Nissan Tech), a global automotive technology and business centre supporting Renault and Nissan globally with innovative mobility solutions, ...

Vinayak Bhat promoted as Chief Product Officer in Ultraviolette

Ultraviolette (UV), an innovator in future-ready Electric Vehicle Platforms and Battery Technology, has announced the promotion of Vinayak Bhat to the position of Chief Product Officer.

Volvo Group collaborates with Indian supply partners for climate neutral journey

Volvo Group is committed to becoming a climate-neutral company by 2040, and this commitment includes its supply chain and global suppliers from India. In 2022, Volvo Group developed and started sourcing fossil free ...

Kazam secures $8 Million in Series A3 funding led by Vertex Ventures SEA & India

Kazam, global technology enabler for e-mobility, has successfully raised $8 million in its Series A3 funding round, led by Vertex Ventures Southeast Asia and India.

GLIDA Inaugurates largest EV charging hub in Hyderabad

GLIDA, one of India's leading public EV Charge Point Operators (formerly known as Fortum Charge & Drive India), announced the inauguration of its largest electric vehicle charging hub in Hyderabad with 102 charging ...

Lectrix EV powers up Jumppers with 500 electric vehicles for green fleet

Lectrix EV, one of India’s leading 2WEV companies, has formed a strategic partnership with FYC Tech Pvt Ltd, popularly known as Jumppers, a pioneering last-mile delivery venture utilising an electric fleet.

BorgWarner supplies eTVD system to Polestar BEV SUVs

BorgWarner is first-to-market with its electric Torque Vectoring and Disconnect (eTVD) system for battery electric vehicles (BEVs) with launches for Polestar and an additional major European OEM.

No Indian auto maker has implemented JIT end-to-end in supply chain

Vector Consulting Group, India's fastest-growing management consulting company, unveils an in-depth research-based report on the Indian auto manufacturing industry.

Pure EV and PDSL announce JV to develop next-gen EV 2W in UK

Pure EV, India's leading EV 2W OEM announced forming a JV with Pragmatic Design Solutions Ltd (PDSL), UK. With a shared vision to transform electric mobility and enhance transportation affordability, Pure EV and PDS...

MG Motor India is now JSW MG Motor India Pvt Ltd

SAIC Motor, a global Fortune 500 company with annual revenues of around US$ 110 billion and a presence in over 100 countries and the US$ 23 billion JSW Group, (India’s leading conglomerate with interests across B2B ...

India’s first automobile in-plant railway siding at Suzuki Motor Gujarat

Prime Minister Narendra Modi inaugurated India's first automobile in-plant railway siding at Suzuki Motor Gujarat Private Limited, a wholly-owned subsidiary of Maruti Suzuki India Limited (MSIL) via video conferenci...

Revent Precision sets up new facility in partnership with ECS Mobility

Revent Precision Engineering, in collaboration with ECS Mobility, has announced the establishment of a new state-of-the-art manufacturing facility in Dharuhera, Haryana.

Maruti Suzuki Arena celebrates with launch of ’Arena Journeys’

Celebrating the women who are breaking barriers nationwide, Maruti Suzuki India Limited has launched its new digital campaign ‘Arena Journeys’ under the Maruti Suzuki Arena brand

Zypp Electric plans to empower 2000 women riders

In celebration of International Women's Day, Zypp Electric, India's leading tech-enabled EV-as-a-service platform, announced a pioneering initiative to empower women within the green mobility sector.

Asiabrake 2024 explores latest advancements, trends in brake systems engineering

Asiabrake 2024, the 10th Annual Conference & Exhibition has brought together industry leaders, experts, and enthusiasts to explore the latest advancements and trends in brake systems engineering.

XLRI Delhi-NCR to set up India’s first dedicated school of automobile design, management

Driven by a strong post-pandemic revival, evolving consumer tastes and need for sustainable mobility solutions, India's automotive sector is poised for its next phase of growth. A critical component will be the capa...

Ajay Shanker is Ultraviolette CFO; Company partners with Mantra Academy

Ultraviolette Automotive, an electric two wheeler manufacturer, has appointed Ajay Shanker as its Chief Financial Officer (CFO). Ajay comes with a rich background spanning over 25 years in pivotal financial roles at...

ZF Group inaugurates 19th manufacturing plant in India

ZF, the third largest supplier of automotive systems for passenger vehicles, commercial vehicles, and industrial technology, has inaugurated its manufacturing plant in Oragadam, Tamil Nadu.

Omega Seiki, Attero plan to recycle over 100 MWh of battery in next 3-4 years

In a landmark move for both the electric vehicle (EV) sector and e-waste management, Omega Seiki Private Limited (OSPL), a prominent figure in the electric vehicle industry, and Attero, a distinguished leader in e-w...

Prime Minister reviews India's first indigenous alkaline electrolyser by BPCL

Bharat Petroleum Corporation Limited (BPCL), a leading player in the energy sector, marked a significant milestone at the India Energy Week 2024 in Goa. Prime Minister Narendra Modi reviewed the operation of the fir...

ASDC advocates skilling for EV industry at Bharat Mobility Global Expo -2024

Automotive Skill Development Council (ASDC), operating under the Ministry of Skill Development and Entrepreneurship, made a remarkable presence at India's inaugural Bharat Mobility Global Expo – 2024.

Beginning of golden period for mobility sector, says PM

“India is on the move and is moving fast”, said Prime Minister Narendra Modi while addressing a programme at India’s largest and first-of-its-kind mobility exhibition - Bharat Mobility Global Expo 2024 at Bharat Man...

5th edition of ACMA Automechanika New Delhi show begins in Capital

The 5th edition of ACMA Automechanika New Delhi 2024 has raised its curtain at Pragati Maidan, New Delhi. The show began with a renewed enthusiasm from the industry and is pleased to welcome 500+ exhibitors from Ind...

Honda India Group of Companies showcase technological excellence

Honda’s group of companies in India, comprising Honda Motorcycle & Scooter India (HMSI),Honda Power Pack Energy India (HEID), Honda Cars India Limited (HCIL)& HIPP (Honda India Power Products) is participating in th...

Big thrust on strengthening  EV ecosystem in Interim Budget 2024-25

Business leaders in the automotive space hailed the Interim Budget 2024-25 presented by Finance Minister Nirmala Sitharaman for its clear focus on strengthening the electric vehicle ecosystem at large.

The new Hyundai Creta, an epitome of ‘Manufacturing Excellence’

Hyundai Motor India Limited (HMIL) released a behind-the-scenes glimpse into manufacturing of the new Hyundai Creta at its state-of-the-art production facility in Sriperumbudur, Tamil Nadu.

HMI completes acquisition of General Motors India Talegaon Plant

Hyundai Motor India has completed acquisition and assignment of identified assets at General Motors India’s Talegaon Plant in Maharashtra. The acquisition has been completed post fulfilment of certain conditions and...

GreenLine Mobility, Netradyne tie up to enhance fleet, driver safety

Netradyne, a provider of AI technology for fleet and driver safety, has announced its collaboration with GreenLine Mobility Solutions, India's premier LNG-powered heavy trucking logistics company.

Altair collaborates with Indian Institute of Technology Madras on EV tech

Altair, a global leader in computational science and artificial intelligence (AI), announced its collaboration with the Indian Institute of Technology (IIT) Madras to establish an eMobility simulation lab on the ins...

Automobili Lamborghini delivers over 10,000 cars in 2023; 103 cars in India

In the year 2023 that marked the 60th anniversary of its foundation, Automobili Lamborghini set a record that will live in the company's history. For the first time, the House of Sant'Agata Bolognese delivered more ...

LMG Manufacturing GmbH inaugurates i-Force plant in Hoym, Germany

The aluminum die-casting specialist LMG Manufacturing inaugurated its new production hall in Hoym/Seeland after just ten months of construction.

Tata Passenger Electric Mobility commences production at new facility in Sanand

Tata Passenger Electric Mobility Ltd. (TPEM), a subsidiary of Tata Motors, announced the start of production of passenger vehicles from its new factory in Sanand, Gujarat. This event marks a significant milestone fo...

BMW sells record 14,172 cars, 8768 bikes in CY 2023 in India

BMW Group India has continued its record-breaking success in 2023 by posting the best-ever annual sales (January – December) – for all three brands – BMW, MINI and BMW Motorrad. BMW Group India delivered 14,172 cars...

Hyundai Motor India commits additional Rs 6180 Crore for Tamil Nadu

Hyundai Motor India Limited (HMIL), announced Rs 6 180 crore investment plans in the state of Tamil Nadu (this includes Rs 180 crore towards a dedicated ‘Hydrogen Valley Innovation Hub,’ in association with IIT- Mad...

BYD Concludes 2023 with record 3 million annual sales

BYD has concluded 2023 with record-breaking sales volume, which surpasses the 3 million annual sales target and becomes the global new energy vehicle (NEV) sales champion, for the second year in a row. This year als...

5th edition of ACMA Automechanika New Delhi gets bigger, better

The three-day 5th edition of ACMA Automechanika New Delhi is scheduled to hit the ground from February 1 to 3, 2024 at Pragati Maidan, New Delhi bringing together 500+ exhibitors from 12 countries.

HMSI celebrates 15 million customers milestone in Western India

Honda Motorcycle & Scooter India (HMSI) has achieved a remarkable feat by crossing the 15 million customers mark in western region of India.

Tata Passenger Electric Mobility inaugurates exclusive TATA.ev stores

Tata Passenger Electric Mobility (TPEM), a subsidiary of Tata Motors launched its Tata.ev stores, catering solely to EV customers, in the prominent auto hubs of Sector 14 and Sohna Road, Gurugram. These stores will ...

E-Sprinto  to reach 10,000 sales milestone in 2024

In a significant milestone, e-Sprinto, an electric two-wheeler manufacturer, has successfully sold over 8000 electric scooters since its inception in March 2022.

India should avoid going the US way and slow down buying of SUVs

India a country with one of the highest fatal road accidents should avoid going the United States (US) way of going in for more for Sports Utility Vehicles (SUVs) as they make the roads less safe for other small c...

Cashless medical treatment to all injured accident victims soon, says Govt

Union Ministry of Roads Transport & Highways (MoRTH) is planning to introduce cashless medical treatment to all injured accident victims across the nation within the next three to four months.

Maruti Suzuki crosses 10 lakh automatic vehicle sales milestone

Maruti Suzuki India Limited (MSIL) has crossed the 10 lakh automatic vehicle sales milestone. As a pioneer brand in automotive innovation, Maruti Suzuki has played a critical role in popularising two-pedal automatic...

Royal Enfield introduces assured buyback programme for motorcycles

Royal Enfield, global leader in the mid-size (250cc-750cc) motorcycle segment, announced the launch of an innovative and first-of-its-kind programme in the motorcycle industry - the Assured Buyback Programme with OT...

BMW Group India records best-ever year to date performance for all brands

After posting the best-ever half-year in 2023, BMW Group India continues the success story by posting the best-ever year to date sales (January – September) – for all three brands – BMW, MINI and BMW Motorrad. In th...

Honda, Mitsubishi Corporation, sign MoU to explore new businesses in EV age

Honda Motor Co and Mitsubishi Corporation (MC) have announced the signing of a memorandum of understanding (MoU) to begin discussions toward the creation of new businesses with an aim of leveraging the strengths of ...

Ground-breaking innovations unveiled as TrafficInfraTech Expo opens its doors

October 11, 2023 marked the inaugural day of the highly anticipated TrafficInfratech Expo with its concurrent shows Parking Infra Tech Expo, Road Infra Tech Expo and Smart Mobility Expo. The event kicked off at Prag...

Indian automotive industry could reach $1 trillion by 2035: Arthur D. Little Report

India's automotive industry can become a global hub for design, development, and production, appealing to international mark. The Indian automotive industry can drive investments and collaboration, paving the way fo...

Domestic market for PVs with ADAS to cross $1 b by fiscal 2028: Crisil

According to a Crisil Market Intelligence & Analytics report, the domestic market for passenger vehicles with ADAS or Advanced Driver Assistance System s will cross US 1 billion by financial year 2028.

Revamp Moto begins production of 120 bikes at Nasik microfactory

Revamp Moto, a modular electric two-wheeler manufacturer, announced the launch of commencement of production of the first 120 bikes called the RM Buddie 25 at India’s first microfactory and the company’s facility in...

Manav Kapur of Steelbird takes charge as Chairperson of ACMA-YBLF

Manav Kapur, Executive Director, Steelbird International, India’s leading automotive components company, has taken charge as chairperson of ACMA-YBLF.

Shradha Suri Marwah is President, Vikrampati Singhania, VP, ACMA

The Automotive Component Manufacturers Association (ACMA), the apex body of the Indian auto component industry, announced the appointment of Shradha Suri Marwah, Chairperson & Managing Director, Subros Limited as Pr...

Hero Electric to diversify into premium EV bike market under A2B brand

Hero Electric, India's leading electric two-wheeler company and a leader in city speed e-mobility, shared its plans to create differentiated brands for market categories. In line with that strategic vision, the comp...

Indian Govt launches Bharat NCAP (New Car Assessment Programme)

Union Minister of Road Transport and Highways Nitin Gadkari launched the Bharat New Car Assessment Programme (Bharat NCAP) in New Delhi aiming to enhance road safety by elevating vehicle safety standards for up to 3...

Urban-X by Mini introduced in India

Mini India announced the launch of Urban-X by Mini in India. Urban-X supports Indian urban tech startups for the first time under the global Mini Impact Program.

Skoda Auto Volkswagen India crosses 600,000 car exports milestone

Skoda Auto Volkswagen India Private Limited (SAVWIPL), has achieved the 600,000 export milestone for cars produced at its manufacturing facility in Chakan, Pune.

Gogoro, Swiggy announce electric vehicle partnership in India

Gogoro Inc, a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, announced a vehicle partnership with Swiggy, India’s leading on-demand convenience deliver...

Mahindra unveils new visual identity for Born EVs

Mahindra Electric Automobiles Limited (MEAL), a newly set-up subsidiary of Mahindra & Mahindra, pioneers of the SUV segment in India, unveiled a powerful and distinctive new visual identity for its forthcoming range...

Maruti Suzuki True Value celebrates milestone of 50 lakh pre-owned car sales

Maruti Suzuki True Value has achieved a landmark milestone of selling 50 lakh pre-owned cars. Introduced in 2001, it has been a one-stop destination to buy and sell quality pre-owned cars. The hassle-free purchase a...

ED raids at Pawan Kant Munjal res, Hero MotoCorp yield Rs 25 crore

The Directorate of Enforcement (ED) has recovered and seized foreign currency, cash, gold and diamond jewellery (including foreign origin gold) worth 25 Crore (approx.) along with certain incriminating documents inc...

Government to continue FAME subsidy

The government is continuing with the FAME subsidy to bridge the price difference in EV

Temasek to invest Rs 1200 crore in Mahindra’s EV subsidiary

Mahindra & Mahindra and Temasek, the Singapore-headquartered global investment firm, have executed a binding agreement for Temasek to invest Rs. 1200 crore into MEAL (Mahindra Electric Automobile Limited), the four-...

SIAM launches road safety, awareness programme for school children

The Society of Indian Automobile Manufacturers (SIAM), the apex body of the automobile industry, has launched the "Road Safety Education & Awareness Programme" exclusively designed for school students across the cou...

BorgWarner secures e Heater business uplift with European OEM

BorgWarner has been awarded additional high voltage coolant heater (HVCH) business with a premium European OEM for its mid-size electric vehicle platform, following an initial supply agreement in July 2022 for the O...

SIAM seminar on circular economy through EPR

In order to drive circular economy, the Society of Indian Automobile Manufacturers (SIAM), the apex automotive industry body, organised a seminar on 'Achieving Circularity in the Automotive Industry through Extended...

Maruti Suzuki Board approves acquiring shares of SMG from SMC

The Maruti Suzuki Board approved termination of the contract manufacturing agreement and exercising the option to acquire the shares of Suzuki Motor Gujarat Pvt Ltd (SMG) from Suzuki Motor Corporation (SMC) subject ...

SMEV proposes a compromise solution to FAME subsidy payments issue

The SMEV has indicated reaching a possible breakthrough on the vexatious issue of subsidy payments that created a crisis in the EV industry and a log jam with the MHI.

iGowise Mobility offers holistic M-PaaS platform to EV companies

iGowise Mobility (iGo), a leading deep-tech smart-mobility startup based in Bengaluru, has announced its initiative to transform the electric vehicle (EV) industry by providing a comprehensive holistic offering for ...

Seven automakers unite to create charging network across North America

Seven of the world’s leading automakers – BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, Stellantis NV – are creating a joint venture to accelerate the transition to electric vehicles in North ...

Mobec launches India's first portable ev charging franchise network

Mobec, India's fastest-growing network of portable EV charging solutions, has announced the launch of its pan-India franchise network.

Hyundai foundation launches ‘Eco-Gram’ Waste Management Program

Hyundai Motor India Foundation (HMIF), the philanthropic arm of Hyundai Motor India Ltd. (HMIL), inaugurated a waste management plant in Gurugram.

Mahle positions itself as system champion for e-mobility

“Mahle will position itself as the system champion in e-mobility,” said Arnd Franz, Chairman of the Mahle Management Board and CEO, during a Tech Day in the run-up to the IAA Mobility in Munich in September 2023.

Suzuki Motorcycle India rolls out 5 millionth Access 125 from Gurugram plant

Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation has achieved a significant production milestone as the company rolled out 5 millionth Access 125 from its Kherki Dhau...

Saffron clad chief evangelist may bring succour to Indian electric 2W industry

The electric two wheeler industry in India is in disarray and in order to bring in a semblance of order, it has wrapped itself in saffron, or so it seems, for the time being, hoping to extricate itself from a sticky...

Mahindra XUV700 achieves 100,000 sales milestone

Mahindra & Mahindra has announced the delivery of the 100,000th unit of its flagship SUV, the XUV700. The XUV700 has achieved this milestone in less than 20 months, becoming the fastest SUV from the Mahindra portfol...

Maharashtra, Gogoro to manufacture, deploy smart battery infrastructure

The Indian State of Maharashtra and Gogoro Inc, a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, announced that the Maharashtra government had presente...

Mahindra SUV Scorpio hits 900,000 units milestone

Mahindra & Mahindra announced that it has achieved a production milestone of 900,000 units for the Scorpio SUV, marking a significant achievement for the brand that created the SUV category in India. For over two de...

Indian Automobile Industry valued at $ 108 Billion in 2022-23: Primus Partners

Primus Partners Pvt. Ltd. (Primus), a pioneer in the realm of management consulting services reported that the automobile industry registered an astounding employment figure of over 1.9 crore++ occupying paramount i...

BYD India partners with Bajaj Finance to offer finance solutions for vehicles

BYD India, a subsidiary of the world's leading New Energy Vehicle manufacturer BYD, announced the signing of a Memorandum of Understanding (MOU) with Bajaj Finance Limited (BFL), the lending arm of Bajaj Finserv Ltd...

ReadyAssist, Okaya EV partner to provide full stack after sales support

ReadyAssist and Okaya EV have announced their strategic partnership to provide a full stack after sale service and emergency assistance to Okaya’s B2B and B2C customers. Okaya EV is an EV 2-wheeler manufacturer and ...

SMEV asks for contingency support from Ministry of Commerce and Industry

Society of Manufacturers of Electric Vehicles (SMEV), the registered association representing Indian manufacturers of electric vehicles , has in its latest communication reached out to the Minister of Commerce and I...

DriveX with Rs 12–14 crore turnover in FY23 aims 10X YOY growth

In an interview with Motown India’s Roy P Tharyan, the Co-founder & CTO, DriveX, Christopher Sargunam, talks about his company’s short journey since its initial investment from TVS. DriveX has also been co founded b...

SMEV petitions NGT to support Green Tax on ICE 2 wheelers

The Society of Manufacturers of Electric Vehicles (SMEV), the registered association representing Indian manufacturers of electric vehicles, has petitioned the National Green Tribunal (NGT) expressing concerns that ...

EV battery manufacturing to drive demand for 2,400 acres of land by 2030:CBRE

CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, has announced the findings of its report, ‘Electric Vehicles in India – New Wheels on the Roads’. The report focuses on the real estate strateg...

e-Sprinto sets ambitious plans to sell 10,000 electric 2W by 2023 fiscal end

e-Sprinto has announced its ambitious plans to sell 10,000 eco-friendly electric two-wheelers by the end of the fiscal year 2023. Thus far, the bootstrapped startup has successfully sold over 5500 units of its innov...

Retail auto sales records 10pc growth YOY, reveals FADA May 2023 data

Overall, the Indian automobile market has witnessed a resurgence across the various segments for the month of May 2023. This was revealed in the retail sales figures announced by the Federation of Automobile Dealers...

Electric two wheeler industry besieged with woes of a strange kind

Usually every industry has a body that represents the genuine grievances, fears and wishes of companies it represents. The Society of Indian Automobile Manufacturers (SIAM) represents OEMs (vehicle manufacturers) op...

SAIC of China to give up majority equity stake in MG Motor India

MG Motor India, an iconic British automobile brand and part of Chinese auto major SAIC has announced its strategic 5-year business roadmap to Indianise the business operations for sustainable growth and meaningful ...

Stellantis appoints Aditya Jairaj as Deputy MD, Head of Jeep India operations

The Stellantis Group has appointed Aditya Jairaj as the Deputy Managing Director of Stellantis India, effective May 4. Jairaj will also lead the Jeep brand’s operations in the country.

Honda Motorcycle & Scooter India commences all India despatches of Shine motorcycle

Honda Motorcycle & Scooter India (HMSI) has commenced all India despatches of Shine from its 3rd Factory in Narsapura (Karnataka).

Skoda Auto Volkswagen India launches student car project in India

Skoda Auto Volkswagen India Private Limited (SAVWIPL), which manages the Indian region of five Volkswagen Group brands – Skoda, Volkswagen, Audi, Porsche, and Lamborghini, has announced its first-ever student car pr...

Mobec successfully raises $1 mn during ongoing seed fundraise

Mooting the idea of providing mobile-tech charging for passenger electric vehicles, anytime and anywhere, Mobec Innovations Pvt Ltd, India’s first full-stack M-CAAS (Mobile-Charging as a Service) green company, has ...

JLR to invest 15 billion UK pounds over next five years

JLR announced plans to accelerate its transition to become the world’s leading modern luxury car manufacturer revealing its Halewood plant, in the UK, will become an all-electric production facility and its next gen...

Keshub Mahindra, Chairman Emeritus, Mahindra Group passes away at 99

Keshub Mahindra, Chairman Emeritus, Mahindra Group passed away peacefully in the morning of April 12, 2023. The 99-year-old, nonagenarian, was a well-known philanthropist who redefined good corporate governance in I...

Modern Automotives to export differential pinion shafts to BMW AG

Modern Automotives Ltd. has become the first Indian company to achieve approval for deliveries of differential pinion shaft to BMW AG Munich. The order comprises 2.5 million units to be delivered by 2034.




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