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Bharat Mobility Global Expo 2025 - Spotlight on the Components Show
Bharat Mobility is finally back with an exclusive range of lineups and innovation. The event is hosted at Yashobhoomi, Bharat Mandapam and India Expo Centre and Mart.
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China Proposes Further Export Curbs on Battery, Critical Minerals Tech
China is mulling over proposed export restrictions on some technology used to make battery components and process critical minerals lithium and gallium. If implemented, they would be the latest in a series of export restrictions and bans targeting critical minerals and the technology used to process them, areas in which Beijing is globally dominant...
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Royal Enfield Bear 650 Rivaling BSA B65 Scrambler Unveiled
The BSA B65 shares its components with the outgoing BSA Gold Star 650. However, it gets a different body style.
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Auto Industry Contributes To 15 Per Cent Of Total GST In FY24 - SIAM President
At the 64th ACMA Annual Session, the SIAM President revealed that the Indian automotive industry has crossed a landmark figure of Rs 20 lakh crore.
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Tesla On Way To Double Its Components Imports From India: Piyush Goyal
Commerce and Industry Minister Piyush Goyal has visited the manufacturing facility of US-based electric vehicle major Tesla at Fremont, California and said that the company would be doubling its auto components imports from India.
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Centre to Draft New Policy to Attract EV Manufacturers, Bring Investment: Piyush Goyal
India will come up with new policy to attract electric vehicle (EV) manufacturers and encourage greater investment in the sector, commerce minister Piyush Goyal said on Wednesday. Asked about the government's plans, Goyal said consultation on the new policy will be held with the industry.
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iPhone Supplier Foxconn to Invest $250 Million for EV Components Unit in Vietnam
Foxconn is set to invest about $250 million (nearly Rs. 20,500 crore) in two new projects in Vietnam, including for the production of components for electric vehicles (EVs), the world's largest contract electronics assembler and local authorities said on Friday. The move confirms Foxconn's global plans to become a player in the EV industry, after h...
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Tesla's NACS to Become Important Component for All EVs in Washington State
Washington state plans to require electric vehicle charging companies to include Tesla's plug if they want to be part of a state program to electrify highways using federal dollars, an official told Reuters on Thursday. Washington follows the move by Texas to mandate Tesla's technology, The North American Charging Standard (NACS), adding momentum t...
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For EV Batteries, Lithium Iron Phosphate Becoming Material of Choice
As the auto industry scrambles to produce more affordable electric vehicles, whose most expensive components are the batteries, lithium iron phosphate is gaining traction as the EV battery material of choice. The popularity of the chemical compound known as LFP is due partly to environmental and geopolitical concerns.
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Ola Begins Construction Work of 100GWh Gigafactory in Tamil Nadu
Electric vehicle company Ola on Wednesday said it has commenced construction of its 100GWh gigafactory at its manufacturing facility in Tamil Nadu. The company has installed the first pillar of its cell factory in Krishnagiri, Tamil Nadu today. A gigafactory is a facility where equipment and components related to electrification and decarbonisatio...
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Auto Components Maker Lifelong Group Acquires After-Sales Service Startup GoMechanic
Auto components maker Lifelong Group on Wednesday said it has acquired stressed automobile after-sales service startup GoMechanic for an undisclosed amount. The GoMechanic business has been acquired by the Lifelong Group as the majority shareholder under Servizzy consortium, the Delhi-based firm said in a statement.
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Income Tax Rates Should Increase Consumption: Automobile Industry Praises Union Budget 2023
Automotive Component Manufacturers Association President Sunjay J Kapur said the budget is a blueprint of a digitally enabled Aatmanirbhar Bharat, coupled with measures that will drive sustainable yet inclusive growth at a rapid pace.
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Budget 2023: Centre Likely To Extend Incentives Scheme To More Sectors
The government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles and auto components, white goods, pharma, and textiles.
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Auto Expo 2023: Recently Concluded Components Show Sees Highest-Ever Visitor Footfall
The recently concluded Auto Expo 2023 Components Show saw the highest-ever footfall of 122,500 business delegates from 65 countries. Over 1,400 new products were on display at the exhibition, over the course of the four-day event that concluded on Sunday.
-
Volkswagen Tests Electric Vehicles Under Skoda Brand for India Market
Volkswagen has started testing some electric vehicles from the Skoda brand in India. The auto major is evaluating the products to be brought to the country for electromobility targeting mass segment, according to a senior company official. The VW group has a presence in India through its brands, including Volkswagen, Skoda, Audi, Porsche, Lamborghi...
-
Bharat Mobility Global Expo 2025 - Spotlight on the Components Show
Bharat Mobility is finally back with an exclusive range of lineups and innovation. The event is hosted at Yashobhoomi, Bharat Mandapam and India Expo Centre and Mart.
-
China Proposes Further Export Curbs on Battery, Critical Minerals Tech
China is mulling over proposed export restrictions on some technology used to make battery components and process critical minerals lithium and gallium. If implemented, they would be the latest in a series of export restrictions and bans targeting critical minerals and the technology used to process them, areas in which Beijing is globally dominant...
-
Royal Enfield Bear 650 Rivaling BSA B65 Scrambler Unveiled
The BSA B65 shares its components with the outgoing BSA Gold Star 650. However, it gets a different body style.
-
Auto Industry Contributes To 15 Per Cent Of Total GST In FY24 - SIAM President
At the 64th ACMA Annual Session, the SIAM President revealed that the Indian automotive industry has crossed a landmark figure of Rs 20 lakh crore.
-
Tesla On Way To Double Its Components Imports From India: Piyush Goyal
Commerce and Industry Minister Piyush Goyal has visited the manufacturing facility of US-based electric vehicle major Tesla at Fremont, California and said that the company would be doubling its auto components imports from India.
-
Centre to Draft New Policy to Attract EV Manufacturers, Bring Investment: Piyush Goyal
India will come up with new policy to attract electric vehicle (EV) manufacturers and encourage greater investment in the sector, commerce minister Piyush Goyal said on Wednesday. Asked about the government's plans, Goyal said consultation on the new policy will be held with the industry.
-
iPhone Supplier Foxconn to Invest $250 Million for EV Components Unit in Vietnam
Foxconn is set to invest about $250 million (nearly Rs. 20,500 crore) in two new projects in Vietnam, including for the production of components for electric vehicles (EVs), the world's largest contract electronics assembler and local authorities said on Friday. The move confirms Foxconn's global plans to become a player in the EV industry, after h...
-
Tesla's NACS to Become Important Component for All EVs in Washington State
Washington state plans to require electric vehicle charging companies to include Tesla's plug if they want to be part of a state program to electrify highways using federal dollars, an official told Reuters on Thursday. Washington follows the move by Texas to mandate Tesla's technology, The North American Charging Standard (NACS), adding momentum t...
-
For EV Batteries, Lithium Iron Phosphate Becoming Material of Choice
As the auto industry scrambles to produce more affordable electric vehicles, whose most expensive components are the batteries, lithium iron phosphate is gaining traction as the EV battery material of choice. The popularity of the chemical compound known as LFP is due partly to environmental and geopolitical concerns.
-
Ola Begins Construction Work of 100GWh Gigafactory in Tamil Nadu
Electric vehicle company Ola on Wednesday said it has commenced construction of its 100GWh gigafactory at its manufacturing facility in Tamil Nadu. The company has installed the first pillar of its cell factory in Krishnagiri, Tamil Nadu today. A gigafactory is a facility where equipment and components related to electrification and decarbonisatio...
-
Auto Components Maker Lifelong Group Acquires After-Sales Service Startup GoMechanic
Auto components maker Lifelong Group on Wednesday said it has acquired stressed automobile after-sales service startup GoMechanic for an undisclosed amount. The GoMechanic business has been acquired by the Lifelong Group as the majority shareholder under Servizzy consortium, the Delhi-based firm said in a statement.
-
Income Tax Rates Should Increase Consumption: Automobile Industry Praises Union Budget 2023
Automotive Component Manufacturers Association President Sunjay J Kapur said the budget is a blueprint of a digitally enabled Aatmanirbhar Bharat, coupled with measures that will drive sustainable yet inclusive growth at a rapid pace.
-
Budget 2023: Centre Likely To Extend Incentives Scheme To More Sectors
The government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles and auto components, white goods, pharma, and textiles.
-
Auto Expo 2023: Recently Concluded Components Show Sees Highest-Ever Visitor Footfall
The recently concluded Auto Expo 2023 Components Show saw the highest-ever footfall of 122,500 business delegates from 65 countries. Over 1,400 new products were on display at the exhibition, over the course of the four-day event that concluded on Sunday.
-
Volkswagen Tests Electric Vehicles Under Skoda Brand for India Market
Volkswagen has started testing some electric vehicles from the Skoda brand in India. The auto major is evaluating the products to be brought to the country for electromobility targeting mass segment, according to a senior company official. The VW group has a presence in India through its brands, including Volkswagen, Skoda, Audi, Porsche, Lamborghi...
