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...

S&P Global Mobility India forecasts growth amidst snarled infrastructure

While the Indian automotive industry is poised to continue its growth trend in the future, it will be challenged by infrastructure hurdles, particularly within cities. Urban centers are India’s growth engines; howev...

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...

Vitesco Technologies supplies Honda with E-drive

Vitesco Technologies, a leading international supplier of modern drive technologies and electrification solutions, is delivering its integrated axle drive EMR3 (3rd generation, Electronics Motor Reducer) to Honda fo...

Magenta Mobility appoints Vishal Sharma as National Head - Asset

Magenta Mobility, an integrated electric mobility solutions provider, has announced the appointment of Vishal Sharma as its National Head - Asset.

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 ...




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