Stellantis India Expects PV Industry to Grow Over 5% this Year on GST Boost

Stellantis India expects the passenger vehicle (PV) industry to grow more than 5% this year, supported by stronger demand following the government’s GST 2.0 reforms, Managing Director and CEO Shailesh Hazela said. “I would say that before GST, we were looking at hardly any growth in auto. But with GST reforms, the growth percentage will… Continue reading Stellantis India Expects PV Industry to Grow Over 5% this Year on GST Boost

Varroc Engineering Secures High Voltage Electronics Contract for E-Powertrain Components

Varroc Engineering has secured a contract with an electric vehicle OEM to supply high voltage electronics for e-powertrain components. The agreement, spanning eight years, will see Varroc deliver critical components from its Romania manufacturing facility with a peak annual capacity requirement of INR 8,000 million. The contract covers the supply of high voltage electronics for… Continue reading Varroc Engineering Secures High Voltage Electronics Contract for E-Powertrain Components

Varroc Engineering Secures High Voltage Electronics Contract for E-Powertrain Components

Varroc Engineering has secured a contract with an electric vehicle OEM to supply high voltage electronics for e-powertrain components. The agreement, spanning eight years, will see Varroc deliver critical components from its Romania manufacturing facility with a peak annual capacity requirement of INR 8,000 million. The contract covers the supply of high voltage electronics for… Continue reading Varroc Engineering Secures High Voltage Electronics Contract for E-Powertrain Components

Volvo Construction Equipment to Build New Crawler Excavator Plant in Sweden

Volvo Construction Equipment has announced plans to establish a new crawler excavator assembly plant in Eskilstuna, Sweden, as part of its strategy to strengthen its position in the excavator segment across Europe. The 30,000 square meter facility represents a 700 million SEK investment and will be capable of producing up to 3,500 machines annually. The… Continue reading Volvo Construction Equipment to Build New Crawler Excavator Plant in Sweden

Odysse Electric Partners with Shriram Green Finance for EV Two-Wheeler Financing

Odysse Electric Vehicles has entered into a strategic partnership with Shriram Green Finance Limited to provide financing solutions for electric two-wheelers, the companies announced on Monday. The memorandum of understanding between the premium electric vehicle manufacturer and the financing company will enable customers including everyday riders, small business owners, delivery executives, and families to access… Continue reading Odysse Electric Partners with Shriram Green Finance for EV Two-Wheeler Financing

Varroc Engineering Secures Major High Voltage Electronics Contract with EV Manufacturer

Varroc Engineering Limited has announced a significant contract win with an electric vehicle manufacturer to supply high voltage electronics for e-powertrain components, marking a strategic expansion in the electric mobility sector. The Pune-based automotive supplier will deliver a comprehensive range of high voltage electronics, including power electronics units, inverters, onboard chargers, battery management systems, and… Continue reading Varroc Engineering Secures Major High Voltage Electronics Contract with EV Manufacturer

iRasus Technologies and Jouletap Partnership Delivers Battery Performance Gains

iRasus Technologies has completed a year of collaboration with Jouletap, a lithium battery solutions provider for electric vehicles, yielding improvements in battery performance and operational efficiency through its Preksha analytics platform. The partnership, which began in November 2023, has focused on applying artificial intelligence to battery management challenges facing India’s expanding electric vehicle sector. Jouletap,… Continue reading iRasus Technologies and Jouletap Partnership Delivers Battery Performance Gains

Sonalika Unveils CNG/CBG Tractor at Agrovision 2025

Sonalika Tractors displayed its first CNG/CBG-powered tractor at the 16th Agrovision 2025 summit on Sunday, marking the company’s entry into alternative fuel farm equipment. The unveiling took place in the presence of Union Minister for Road Transport and Highways Nitin Gadkari and Union Minister of Agriculture and Farmers Welfare Shivraj Singh Chouhan. The tractor is… Continue reading Sonalika Unveils CNG/CBG Tractor at Agrovision 2025

AEIM Secures Land for Semiconductor Facility in Nava Raipur

Artificial Electronics Intelligent Materials Limited (AEIM) has been allocated 11.28 acres of industrial land in Kosala Industrial Park, Nava Raipur, marking a significant expansion for the semiconductor materials manufacturer. The Nava Raipur Atal Nagar Vikas Pradhikaran (NRDA) granted the land allotment, with the project receiving support under Chhattisgarh’s industrial policy, which provides capital subsidies of… Continue reading AEIM Secures Land for Semiconductor Facility in Nava Raipur

Top 10 MPVs in April-Oct: Maruti Ertiga Tops but Toyota Innova Hycross and Kia Carens Shine

Despite the raft of popular SUVs which are the growth drivers of the utility vehicle market, a clutch of multi-purpose vehicles led by the Maruti Ertiga, Toyota Innova and the Kia Carens continue to draw buyers with their high level of practicality and ability to transport seven people and their luggage in comfort. In fact, each… Continue reading Top 10 MPVs in April-Oct: Maruti Ertiga Tops but Toyota Innova Hycross and Kia Carens Shine