Ather Energy Partners with Infineon Technologies to Enhance Electric Scooter Performance in India

Ather Energy and Infineon Technologies have signed a memorandum of understanding to collaborate on semiconductor technologies for electric vehicles in India. The partnership, formalized in Seoul, South Korea, aims to integrate Infineon’s microcontrollers, sensors, and power management solutions into Ather’s electric scooters and charging systems. The collaboration focuses on improving energy efficiency, charging speeds, and… Continue reading Ather Energy Partners with Infineon Technologies to Enhance Electric Scooter Performance in India

Schaeffler India Opens Fifth Manufacturing Plant in Tamil Nadu to Boost Powertrain Production

Schaeffler India Limited inaugurated its fifth manufacturing facility in Shoolagiri, Tamil Nadu, today, marking a significant expansion of the German motion technology company’s operations in India. The 16,500 square meter facility will produce conventional and hybrid powertrain components, including planetary gear systems and hybrid transmission components. The plant represents the first phase of development on… Continue reading Schaeffler India Opens Fifth Manufacturing Plant in Tamil Nadu to Boost Powertrain Production

Schaeffler India Opens Fifth Manufacturing Plant in Tamil Nadu to Boost Powertrain Production

Schaeffler India Limited inaugurated its fifth manufacturing facility in Shoolagiri, Tamil Nadu, today, marking a significant expansion of the German motion technology company’s operations in India. The 16,500 square meter facility will produce conventional and hybrid powertrain components, including planetary gear systems and hybrid transmission components. The plant represents the first phase of development on… Continue reading Schaeffler India Opens Fifth Manufacturing Plant in Tamil Nadu to Boost Powertrain Production

VECV Signs Partnership Deal with Statiq to Expand EV Charging Access

VE Commercial Vehicles has entered into a partnership with EV charging solutions provider Statiq to expand charging infrastructure access for its electric truck and bus customers. The companies signed a memorandum of understanding on Tuesday to integrate Statiq’s network of over 8,000 charging points into VECV’s MyEicher fleet management application. Under the agreement, Statiq will… Continue reading VECV Signs Partnership Deal with Statiq to Expand EV Charging Access

VECV Signs Partnership Deal with Statiq to Expand EV Charging Access

VE Commercial Vehicles has entered into a partnership with EV charging solutions provider Statiq to expand charging infrastructure access for its electric truck and bus customers. The companies signed a memorandum of understanding on Tuesday to integrate Statiq’s network of over 8,000 charging points into VECV’s MyEicher fleet management application. Under the agreement, Statiq will… Continue reading VECV Signs Partnership Deal with Statiq to Expand EV Charging Access

India’s Power Demand to Rise 6% Annually on Electric Vehicles, Data Centers

India’s electricity demand is expected to grow at 6-6.5% annually over the next five years, driven by electric vehicles, data centers and green hydrogen production, according to credit rating agency ICRA. This represents an acceleration from the 5% growth rate achieved over the past decade. The rating agency projects power demand growth of 5-5.5% for… Continue reading India’s Power Demand to Rise 6% Annually on Electric Vehicles, Data Centers

Infobip Deploys NVIDIA DGX B200 Systems to Advance AI Development in Central Europe

Infobip has integrated NVIDIA DGX B200 systems into its data center infrastructure, positioning the global communications platform among the first companies in Central Europe to deploy NVIDIA’s Blackwell GPU technology. The company will use the supercomputing systems for the IPCEI-CIS project, a European Union initiative aimed at developing next-generation communications platforms. The deployment supports the… Continue reading Infobip Deploys NVIDIA DGX B200 Systems to Advance AI Development in Central Europe

Chargeup secures INR 50 crore credit line for commercial EV financing

Chargeup has partnered with Mega Corporation Limited and Shivakari Finance to establish a combined credit line of INR 50 crore for commercial electric vehicle financing. The collaboration aims to deploy 4,000 commercial EVs over the next 12 months, targeting last-mile drivers across India. The partnerships address challenges that have limited EV financing in India’s commercial… Continue reading Chargeup secures INR 50 crore credit line for commercial EV financing

Chargeup secures INR 50 crore credit line for commercial EV financing

Chargeup has partnered with Mega Corporation Limited and Shivakari Finance to establish a combined credit line of INR 50 crore for commercial electric vehicle financing. The collaboration aims to deploy 4,000 commercial EVs over the next 12 months, targeting last-mile drivers across India. The partnerships address challenges that have limited EV financing in India’s commercial… Continue reading Chargeup secures INR 50 crore credit line for commercial EV financing

Tata Altroz to cross 300,000 sales soon, refreshed model to spur demand

The Tata Altroz is set to drive past the 300,000-unit sales milestone in the Indian market soon. As per SIAM wholesales data, Tata Motors’ premium hatchback has clocked cumulative wholesales of 296,425 units till end-April 2025. Expect the minuscule gap of 3,575 units to be bridged in early June 2025, as a result of the… Continue reading Tata Altroz to cross 300,000 sales soon, refreshed model to spur demand