Toyota Kirloskar Motor Receives Investment Certificate for Third Plant at Karnataka Global Meet

Toyota Kirloskar Motor (TKM) has been awarded an investment certificate by the Karnataka government for its third manufacturing plant at the Invest Karnataka 2025 Global Investors Meet in Bengaluru. The new facility, announced in November 2023, will increase production capacity by 100,000 units annually and create 2,000 jobs. The company has invested ₹16,000 crores in… Continue reading Toyota Kirloskar Motor Receives Investment Certificate for Third Plant at Karnataka Global Meet

Controversial new Jaguar GT caught prowling in the snow

The British brand’s boss rejected any hint of nervousness about the new direction. “I’m not saying it will be easy – there will be a lot of conquest and we will definitely sell to multi-car Range Rover households,” he replied. “What is the alternative? Look at what is happening elsewhere – would I want to go… Continue reading Controversial new Jaguar GT caught prowling in the snow

KPIT transfers pathbreaking sodium ion battery tech to Trentar Energy for commercialisation

KPIT Technologies and Trentar Energy Solutions, which caters to the electrical mobility and energy storage sectors, have announced a collaboration on sodium-ion battery technology. Under the collaboration, KPIT will transfer its breakthrough sodium-ion battery technology, to Trentar Energy Solutions to operationalise and commercialise it further. In December 2023, KPIT had unveiled its pathbreaking sodium-ion battery… Continue reading KPIT transfers pathbreaking sodium ion battery tech to Trentar Energy for commercialisation

KPIT transfers pathbreaking sodium ion battery tech to Trentar Energy for commercialisation

KPIT Technologies and Trentar Energy Solutions, which caters to the electrical mobility and energy storage sectors, have announced a collaboration on sodium-ion battery technology. Under the collaboration, KPIT will transfer its breakthrough sodium-ion battery technology, to Trentar Energy Solutions to operationalise and commercialise it further. In December 2023, KPIT had unveiled its pathbreaking sodium-ion battery… Continue reading KPIT transfers pathbreaking sodium ion battery tech to Trentar Energy for commercialisation

KPIT Technologies Partners with Trentar to Commercialize Sodium-Ion Battery Technology

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

Ford Chief Executive Says Trump Policies May Lead to Layoffs

Ford Motor could be forced to lay off employees if the Trump administration ends subsidies and other financial support for electric vehicle manufacturing, the company’s chief executive said on Tuesday. Ford has invested heavily in factories to produce batteries and electric vehicles in Ohio, Michigan, Kentucky and Tennessee, Jim Farley, the Ford chief executive, said… Continue reading Ford Chief Executive Says Trump Policies May Lead to Layoffs

GM expects to mitigate up to 50% of potential North American tariffs, which Ford describes as ‘chaos’

President Donald Trump greets General Motors CEO Mary Barra (R) prior to a meeting with automobile industry leaders in the Roosevelt Room of the White House in Washington, DC, January 24, 2017. Saul Loeb | AFP | Getty Images DETROIT — General Motors believes it can mitigate up to 50% of potential tariffs President Donald… Continue reading GM expects to mitigate up to 50% of potential North American tariffs, which Ford describes as ‘chaos’

BYD shares hit record high after EV maker rolls out driver assistance tech with DeepSeek’s AI help

Chinese electric car giant BYD announced on Feb. 10, 2025, that it would integrate DeepSeek into its artificial intelligence model that powers its new driver-assistance technology. Screenshot BEIJING — Chinese electric car giant BYD shares hit a record high in Hong Kong trading Tuesday after the company said it is going all in on driver… Continue reading BYD shares hit record high after EV maker rolls out driver assistance tech with DeepSeek’s AI help

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