MAHLE finalizes sale of its OEM thermostat business to Admetos
MAHLE has finalized the sale of its OEM thermostat business as of May 2, 2024. The sale transfers the thermostat segment to the industrial...
Moto Morini India announces new prices for the X-CAPE Range
Adishwar Auto Ride India (AARI) unveiled its 2024 plans for the iconic Italian marquee Moto Morini with an aggressive price revision. The Moto Morini...
Relux Electric secures 250 cr funding for highway hyper charging expansion
Relux Electric, a fastest growing EV charging infrastructure provider, has secured Rs. 250 crore of cumulative project funding from a group of private real...
ESMT Berlin and BMW Group enter third year of Change Maker Fellowship
ESMT Berlin and the BMW Group are partnering for the third time to offer BMW Group Change Maker Fellowships. The 10 full-tuition fellowships for...
Bentley Discontinues GT V8, GTC V8 and Flying Spur V8 in the UK, European...
Bentley Motors has confirmed the retirement of its current-generation 4.0-litre twin-turbo V8 engine from the Continental GT, Continental GTC and Flying Spur model lines....
Atul Greentech secures INR 32.50 crore funding
Atul Greentech Private Limited, the electric three-wheeler manufacturing subsidiary of Atul Auto Limited which is the listed company, has secured funding of Rs. 32.50...
Sona Comstar reports 31% increase in Net Profit in FY24
Sona BLW Precision Forgings Ltd. (Sona Comstar), a leading automotive technology company providing mission-critical systems and components for electrified and non-electrified powertrain segments, on...
Indian startup ePlane to develop electric air taxi prototype by March 2025
IIT Madras incubated air taxi startup ePlane company expects to develop its certifiable prototype by March next year. The company’s founder and chief executive...
Gurpratap Boparai steps down from Mahindra & Mahindra
Gurpratap S Boparai has resigned as Mahindra & Mahindra’s (M&M) CEO of automotive business in Europe and CEO- MTBD (Mahindra Truck & Buses Division)...
Capex for EV components to exceed Rs. 25,000 cr in the next 3-4 years:...
Spurred by Government support in the form of subsidies, enhanced awareness, and increasing product launches, the electric vehicle (EV) segment in India has seen...