Exide In Talks With Two Leading 2W OEMs To Supply Lithium Batteries

Battery major Exide Industries, which is setting up a gigafactory to manufacture lithium-ion cells, is in advanced stage talks with two leading two-wheeler OEMs and three-wheeler players to form partnerships for cell supply. “We have been in advanced discussion with two of the leading OEMs for 2-wheelers on the cylindrical side. Similarly, on the 3-wheeler… Continue reading Exide In Talks With Two Leading 2W OEMs To Supply Lithium Batteries

Exide In Talks With Two Leading 2W OEMs To Supply Lithium Batteries

Battery major Exide Industries, which is setting up a gigafactory to manufacture lithium-ion cells, is in advanced stage talks with two leading two-wheeler OEMs and three-wheeler players to form partnerships for cell supply. “We have been in advanced discussion with two of the leading OEMs for 2-wheelers on the cylindrical side. Similarly, on the 3-wheeler… Continue reading Exide In Talks With Two Leading 2W OEMs To Supply Lithium Batteries

Car makers are going back to cheeky ad campaigns

The process of choosing a car, ploughing your money into it and then having to explain so many times why you’ve done it inevitably makes automotive culture a bit tribal – and, critically, adversarial. It’s puerile to laugh or sneer at someone who simply made a different choice and yet, just occasionally, we do it. We can’t… Continue reading Car makers are going back to cheeky ad campaigns

EV charger manufacturing gets turbo boost in Tamil Nadu

TN is one of the front-runners in both EV and EV infrastructure related manufacturing. Tamil Nadu’s electronic and electrical production ecosystem is diversifying into EV charger manufacturing. Top players such as Delta India and Eaton are looking at the entire range of chargers from small 60 kW to 350 kW as the demand switches towards… Continue reading EV charger manufacturing gets turbo boost in Tamil Nadu

India’s auto sector duty concession offer to UK under FTA is very nuanced: Official

Tariffs on automotive imports will be reduced from over 100 per cent to 10 per cent under quotas on both sides, benefiting companies such as Tata-JLR. India’s duty concession offer for the auto sector under the free trade agreement (FTA) with the UK is “very nuanced” with relaxations and quotas linked to engine capacity and… Continue reading India’s auto sector duty concession offer to UK under FTA is very nuanced: Official

Demerger to bring strategic clarity, long-term returns for shareholders: Tata Motors chairman

N Chandrasekaran The proposed demerger of Tata Motors into two listed entities will bring strategic clarity, enabling long-term returns for shareholders, according to Chairman N Chandrasekaran. Addressing shareholders in the company’s 80th Integrated Annual Report for FY25, he noted that the demerger of Tata Motors into two listed entities — Commercial Vehicles and Passenger Vehicles… Continue reading Demerger to bring strategic clarity, long-term returns for shareholders: Tata Motors chairman

Vehicle involvement key for relief under no-fault basis: Karnataka High Court

The high court, on appeal, observed that the tribunal had erred by applying the standard of negligence, which is relevant only under Section 166 of the Act. Karnataka high court has ruled that under Section 163A of the Motor Vehicles (MV) Act, compensation is payable solely based on vehicle involvement in the accident, and not… Continue reading Vehicle involvement key for relief under no-fault basis: Karnataka High Court

JLR Enters FY26 Debt-Free and Electrified, Eyes Scalable Growth Under Reimagine Strategy: CEO Adrian Mardell

Jaguar Land Rover delivered its strongest operational performance to date in FY25, setting records and achieving a significant debt milestone, CEO Adrian Mardell said in the company’s annual report, crediting the Reimagine strategy for driving the transformation. “The robustness of JLR’s Reimagine strategy was affirmed in FY25 as the Company set new records,” Mardell stated.… Continue reading JLR Enters FY26 Debt-Free and Electrified, Eyes Scalable Growth Under Reimagine Strategy: CEO Adrian Mardell

Tata Motors claims Rs 527 crore as PLI incentive

Underlining the efforts for localization in its electric vehicles, Tata Motors said it recognized Rs 527 crore as incentives under the government’s production-linked incentive (PLI) scheme for automobile and auto components during the financial year 2025.  “In FY25, we recognised PLI incentive of ₹527 crores on receipt of approval and money for FY24 and also… Continue reading Tata Motors claims Rs 527 crore as PLI incentive

Tata Motors claims Rs 527 crore as PLI incentive

Underlining the efforts for localization in its electric vehicles, Tata Motors said it recognized Rs 527 crore as incentives under the government’s production-linked incentive (PLI) scheme for automobile and auto components during the financial year 2025.  “In FY25, we recognised PLI incentive of ₹527 crores on receipt of approval and money for FY24 and also… Continue reading Tata Motors claims Rs 527 crore as PLI incentive