Ola Electric is delaying the expansion of its cell manufacturing plant capacity, citing lower-than-anticipated growth of the electric vehicle market. The company is now limiting its cell manufacturing capacity to 5 GWh till the financial year 2029, compared to the earlier plan of setting up 20 GWh capacity by mid-2026. This adjustment is also expected… Continue reading Ola Electric Delays Expanding Cell Capacity Beyond 5 Gwh; May Miss PLI Scheme Timeline
Category: US Motoring Press
Ola Electric Delays Expanding Cell Capacity Beyond 5 Gwh; May Miss PLI Scheme Timeline
Ola Electric is delaying the expansion of its cell manufacturing plant capacity, citing lower-than-anticipated growth of the electric vehicle market. The company is now limiting its cell manufacturing capacity to 5 GWh till the financial year 2029, compared to the earlier plan of setting up 20 GWh capacity by mid-2026. This adjustment is also expected… Continue reading Ola Electric Delays Expanding Cell Capacity Beyond 5 Gwh; May Miss PLI Scheme Timeline
Pavna Sunworld Autotech Begins Oil Pump Production for Hero MotoCorp
Pavna Industries Limited’s subsidiary, Pavna Sunworld Autotech Pvt. Ltd., has commenced production and supply of oil pumps to Hero MotoCorp Ltd. (HMCL), India’s largest two-wheeler manufacturer, on July 14, 2025, from its manufacturing facilities to support Hero’s volume-leading Splendor and Glamour motorcycle models across all six of HMCL’s Indian plants. The oil pump supply contract… Continue reading Pavna Sunworld Autotech Begins Oil Pump Production for Hero MotoCorp
Pavna Sunworld Autotech Begins Oil Pump Production for Hero MotoCorp
Pavna Industries Limited’s subsidiary, Pavna Sunworld Autotech Pvt. Ltd., has commenced production and supply of oil pumps to Hero MotoCorp Ltd. (HMCL), India’s largest two-wheeler manufacturer, on July 14, 2025, from its manufacturing facilities to support Hero’s volume-leading Splendor and Glamour motorcycle models across all six of HMCL’s Indian plants. The oil pump supply contract… Continue reading Pavna Sunworld Autotech Begins Oil Pump Production for Hero MotoCorp
DriveX Hires Pulkit Gupta as Senior Vice President of Sales
DriveX Mobility has appointed Pulkit Gupta as Senior Vice President of Sales, the company announced Monday. The hiring comes as the pre-owned two-wheeler platform prepares to expand its retail presence through company-owned and franchise models. Gupta brings nearly 20 years of experience in automotive sales and channel development to the Bangalore-based company. His career spans… Continue reading DriveX Hires Pulkit Gupta as Senior Vice President of Sales
DriveX Hires Pulkit Gupta as Senior Vice President of Sales
DriveX Mobility has appointed Pulkit Gupta as Senior Vice President of Sales, the company announced Monday. The hiring comes as the pre-owned two-wheeler platform prepares to expand its retail presence through company-owned and franchise models. Gupta brings nearly 20 years of experience in automotive sales and channel development to the Bangalore-based company. His career spans… Continue reading DriveX Hires Pulkit Gupta as Senior Vice President of Sales
Ola Electric to Introduce Rare-Earth-Free Motors in October-December Quarter
Amid China’s restrictions on the supply of rare earth magnets, India’s major electric two-wheeler maker Ola Electric plans to introduce rare earth-free motors in its two-wheeler from the October-December quarter of this financial year. The company said rare earth elements pose a major long-term risk for auto OEMs. “For the last couple of years, we… Continue reading Ola Electric to Introduce Rare-Earth-Free Motors in October-December Quarter
Ola Electric to Introduce Rare-Earth-Free Motors in October-December Quarter
Amid China’s restrictions on the supply of rare earth magnets, India’s major electric two-wheeler maker Ola Electric plans to introduce rare earth-free motors in its two-wheeler from the October-December quarter of this financial year. The company said rare earth elements pose a major long-term risk for auto OEMs. “For the last couple of years, we… Continue reading Ola Electric to Introduce Rare-Earth-Free Motors in October-December Quarter
Ola Electric to Introduce Rare-Earth-Free Motors in October-December Quarter
Amid China’s restrictions on the supply of rare earth magnets, India’s major electric two-wheeler maker Ola Electric plans to introduce rare earth-free motors in its two-wheeler from the October-December quarter of this financial year. The company said rare earth elements pose a major long-term risk for auto OEMs. “For the last couple of years, we… Continue reading Ola Electric to Introduce Rare-Earth-Free Motors in October-December Quarter
Mahindra Denies Plans for Rare Earth Production with Uno Minda
Mahindra & Mahindra Ltd. has issued a clarification to stock exchanges denying reports about potential collaboration with Uno Minda for rare earth production. The company’s statement, dated July 14, 2025, addressed an article published in the Economic Times on July 10 that suggested both companies were exploring local rare earth production to reduce dependence on… Continue reading Mahindra Denies Plans for Rare Earth Production with Uno Minda