OSM to raise USD 200 million to boost its EV & drones business
Omega Seiki Mobility (OSM) is in talks with private equity firms and banks for funds to expand its electric vehicles business and begin commercial...
Honda outlines a global strategy for electric cars
Honda is gearing up for an electrification shift in North America with two models developed with General Motors going on sale next year and...
ONGC to invest Rs. 1 lakh crore by 2030 to enhance capacity
Oil and Natural Gas Corp (ONGC) is planning to invest INR 1 lakh crore by 2030 to expand its petrochemicals manufacturing capacity, which will...
TVS to refund INR 20 cr to customers as goodwill benefit scheme
TVS Motor Company on Wednesday said it will refund around INR 20 crore as a goodwill benefit scheme to customers who have paid over...
HMSI commences all India dispatches of Shine
Continuing in the direction of creating a new paradigm in mass mobility, Honda Motorcycle & Scooter India (HMSI) commenced all India dispatches of Shine...
Sona BLW Precision Forgings Ltd registers INR 744 cr revenue in Q4 FY23
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, has...
Uno Minda announces key leadership changes to drive future growth
Uno Minda Limited (“Uno Minda”) (formerly known as Minda Industries Limited), a Tier-1 supplier of proprietary automotive solutions and systems to original equipment manufacturers...
Škoda Auto plans to unveil six new electric vehicles by 2026
Škoda Auto, the Czech carmaker, has announced its plans to accelerate its electric mobility campaign and transformation by launching four all-new e-vehicles and two...
Bajaj Auto to boost production of Chetak to 10,000 units a month by June
Bajaj Auto Ltd is ramping up production of its electric scooter Chetak to around 10,000 units a month by June, having overcome supply chain...
Exxon reports a record first-quarter profit on higher output
Exxon Mobil Corp reported a record first-quarter profit that was more than double from a year ago and topped Wall Street estimates as rising...