KPIT Technologies, an automotive software company, has transferred its sodium-ion battery technology to Trentar Energy Solutions for commercialization, the companies announced on February 12, 2025. The agreement includes a 3GWH manufacturing investment by Trentar and provides KPIT with upfront technology transfer fees plus royalties over an eight-year period. The sodium-ion battery technology, developed by KPIT… Continue reading KPIT Technologies Partners with Trentar to Commercialize Sodium-Ion Battery Technology
Author: Autocar_Professional India Online News
TVS Motor to Invest Rs 2,000 crore in Karnataka in Five Years
TVS Motor Company has signed a Memorandum of Understanding with the government of Karnataka to invest Rs 2,000 crore in the state over the next five years as it plans to set up a global capability center and expand production and engineering capabilities. Besides global capability center and production expansion plans, the two and three-wheeler… Continue reading TVS Motor to Invest Rs 2,000 crore in Karnataka in Five Years
TVS Motor to invest Rs 2,000 crore in Karnataka in 5 years
TVS Motor Company has signed a Memorandum of Understanding with the government of Karnataka to invest Rs 2,000 crore in the state over the next five years as it plans to set up a global capability center and expand production and engineering capabilities. Apart from global capability center and production expansion plans, the automaker’s plans… Continue reading TVS Motor to invest Rs 2,000 crore in Karnataka in 5 years
Zavenir Daubert Plans New Manufacturing Facility to Triple Capacity
Specialty chemicals maker Zavenir Daubert is planning to set up a new manufacturing facility in the western part of India over the next two years with an investment of $20 million (Rs 174 crore). The plans come as the Haryana-based company has set a target to grow its business by over seven-fold to Rs 1,000… Continue reading Zavenir Daubert Plans New Manufacturing Facility to Triple Capacity
CNH India aims to double its market share in tractors by 2030
The company’s approach will focus on four key pillars – expanding the domestic market, boosting exports, using design capabilities, and leveraging the local supply chain. As the tractor industry prepares for the TREM Stage 5 norms, CNH India, the parent company of New Holland and CASE India announced the production of new engines at its… Continue reading CNH India aims to double its market share in tractors by 2030
BMW Group Expands Global Partnership with Axalta for Automotive Refinish Coatings
Axalta, the NYSE-listed global coatings manufacturer, has secured a multi-year agreement with BMW Group to serve as its recommended refinish supplier across more than 50 countries, effective January 2025. The partnership applies to markets where BMW’s private paint label, ColorSystem, is not available. The agreement strengthens Axalta’s existing relationship with BMW Group, as the company… Continue reading BMW Group Expands Global Partnership with Axalta for Automotive Refinish Coatings
Zavenir Daubert Launches Advanced Smart Manufacturing Facility in Haryana
Zavenir Daubert inaugurated its new manufacturing facility in Binola, Haryana, in the presence of executives from Daubert USA and Nihon Parkerizing, Japan. The ISO-certified facility, spread across two acres, will employ over 100 people and serve both domestic and international markets, focusing on corrosion protection and metalworking fluids. The facility represents a significant expansion for… Continue reading Zavenir Daubert Launches Advanced Smart Manufacturing Facility in Haryana
PM Modi pushes energy sector to enhance battery production, storage capacity
With electric vehicle adoption accelerating across the country, Prime Minister Narendra Modi on Tuesday highlighted the need to expand battery production and storage capacity within the energy sector. “India is rapidly advancing in electric mobility. To meet this demand we must enhance battery production and storage capacity,” Modi said while addressing the India Energy Storage… Continue reading PM Modi pushes energy sector to enhance battery production, storage capacity
SIAM Exhibits Alternative Fuel Technologies at India Energy Week
The Society of Indian Automobile Manufacturers (SIAM) launched its Sustainable Mobility Pavilion today at India Energy Week 2025, highlighting the automotive sector’s progress in environmentally conscious transportation solutions. The four-day exhibition, hosted at Yashobhoomi’s India International Convention and Expo Centre in Dwarka, brings together major automotive manufacturers to showcase their developments in alternative fuel technologies.… Continue reading SIAM Exhibits Alternative Fuel Technologies at India Energy Week
SBI and Statiq Launch EV Charging Station Financing Program
The State Bank of India (SBI) has partnered with electric vehicle charging network provider Statiq to launch a first-of-its-kind financing program for EV charging infrastructure development across India. The comprehensive financing scheme addresses a critical gap in India’s EV ecosystem by providing structured funding options for businesses looking to establish charging stations. Under the program,… Continue reading SBI and Statiq Launch EV Charging Station Financing Program