The carmakers cited above will deploy capex in launching petrol, diesel, CNG, hybrid and EV models, ramping up capacities for domestic and export markets, and in undertaking research and development projects, company executives said. India’s consumer goods and auto majors are stepping up fresh investments in manufacturing over the next two years, betting on sustained… Continue reading On a building spree: Consumer cos, auto inc push capex pedal
Tag: Hyundai
WATO Korea Accelerates Global Expansion at Automechanika Dubai 2025
SEOUL, South Korea, Dec. 19, 2025 /PRNewswire/ — WATO Korea, a South Korean automotive parts manufacturer, is strengthening its position as a technology-driven company by expanding its presence in global markets. Founded in 1997, WATO Korea specializes in the production of core automotive components, including alternators, starter motors, wheel bearings, and drive shafts (CV axles),… Continue reading WATO Korea Accelerates Global Expansion at Automechanika Dubai 2025
Galbot Secures Over $300 Million in New Funding, Breaking Records with $3 Billion Valuation in China’s Humanoid Robot Sector
BEIJING, Dec. 19, 2025 /PRNewswire/ — Galbot has successfully completed a new funding round exceeding $300 million, bringing the company’s total funding to $800 million. This round once again sets new records for both the largest single-round financing and cumulative financing in the embodied AI sector, further cementing Galbot’s leadership in the rapidly evolving field… Continue reading Galbot Secures Over $300 Million in New Funding, Breaking Records with $3 Billion Valuation in China’s Humanoid Robot Sector
FMCG and auto majors ramp up manufacturing capacity amid demand growth and GST gains
Major Indian consumer goods and auto companies are boosting manufacturing investments over the next two years. This move signals confidence in sustained demand growth. India’s consumer goods and auto majors are stepping up fresh investments in manufacturing over the next two years, betting on sustained demand growth as the impact of the goods and services… Continue reading FMCG and auto majors ramp up manufacturing capacity amid demand growth and GST gains
Maruti Suzuki Victoris wins ICOTY 2026, TVS Apache RTX wins IMOTY: All details here
The highly anticipated 2025 Indian Car of the Year (ICOTY) and Indian Motorcycle of the Year (IMOTY) awards have been announced. Instituted in 2005 for ICOTY and 2007 for IMOTY, the awards are decided by a nationwide jury of automotive journalists who collectively evaluate and vote on the winners based on their expertise and real-world… Continue reading Maruti Suzuki Victoris wins ICOTY 2026, TVS Apache RTX wins IMOTY: All details here
Nissan Plots India Comeback with Gravite MPV and Tekton SUV
Nissan Motor India is preparing to expand its passenger vehicle portfolio from a single-model lineup to three products by the end of 2026, marking the company’s most significant market intervention following a prolonged period of product stagnation. The strategy relies heavily on leveraging Renault-Nissan Alliance platforms through badge-engineered variants, a cost-efficient approach that prioritizes market… Continue reading Nissan Plots India Comeback with Gravite MPV and Tekton SUV
Hyundai Motor India Completes 15,000-km Electric Vehicle Road Test Campaign
Hyundai Motor India Limited concluded its ‘Test Driven By 100’ campaign on December 19, 2025, after a 100-day road test that covered more than 15,000 kilometers across 10 states and 200+ destinations with a single Hyundai CRETA Electric vehicle. The campaign featured 100 creators from different parts of the country who drove the vehicle through… Continue reading Hyundai Motor India Completes 15,000-km Electric Vehicle Road Test Campaign
Hyundai Motor India Completes 15,000-km Electric Vehicle Road Test Campaign
Hyundai Motor India Limited concluded its ‘Test Driven By 100’ campaign on December 19, 2025, after a 100-day road test that covered more than 15,000 kilometers across 10 states and 200+ destinations with a single Hyundai CRETA Electric vehicle. The campaign featured 100 creators from different parts of the country who drove the vehicle through… Continue reading Hyundai Motor India Completes 15,000-km Electric Vehicle Road Test Campaign
NVIDIA, US Government to Boost AI Infrastructure and R&D Investments Through Landmark Genesis Mission
NVIDIA will join the U.S. Department of Energy’s (DOE) Genesis Mission as a private industry partner to keep U.S. AI both the leader and the standard in technology around the world. The Genesis Mission, which is part of an Executive Order recently signed by President Trump, aims to redefine American leadership in AI across three… Continue reading NVIDIA, US Government to Boost AI Infrastructure and R&D Investments Through Landmark Genesis Mission
Armada Agreement with United States Department of Energy to Accelerate Genesis Mission
SAN FRANCISCO, Dec. 18, 2025 /PRNewswire/ — Armada today announced it has entered into a Memorandum of Understanding (MOU) to become an official collaborator on the U.S. Department of Energy’s Genesis Mission, one of the most ambitious federal science and technology initiatives launched in decades. Genesis is designed to connect the nation’s National Laboratories, supercomputers,… Continue reading Armada Agreement with United States Department of Energy to Accelerate Genesis Mission