India Electricity Production

Mahindra Group plans to pump in Rs 37,000 crore over the next three years across business verticals with a major portion earmarked for the auto sector to introduce 23 new vehicles.

Vietnamese electric vehicle maker VinFast has asked India to reduce import duties on its cars for about two years so customers can get familiar with its products while a local manufacturing plant comes on stream, an executive said on Sunday.

The Amazon Great Republic Day sale is live right now, offering deep discounts on a wide range of products. The sale began for all customers on January 13 and has now been extended till January 19. With two days to go, this could be the perfect opportunity for you to pick up products off your wishlist. The Amazon sale brings lucrative deals on smart...

The Amazon Great Indian Festival sale 2023 kicked off for Prime members on October 7, bringing deep discounts on a host of products and devices. The sale is providing offers on smartphones, laptops, tablets, electrical appliances, gaming consoles and more. Here are our picks for the best deals on air conditioners during the Amazon sale.

Tata Motors, India's biggest electric carmaker, is testing its electric vehicles in some global markets where it could look at a potential launch if the experiment succeeds, its managing director told Reuters. The tests are in early stages and based on how the cars perform, Tata may need to make some changes to the product before it can finalise an...

India's steel-to-energy JSW Group is in early talks with Chinese automaker Leapmotor to license technology to build electric vehicles in India, according to people familiar with the discussions. Under the technology licensing agreement, JSW would use Leapmotor's platform to manufacture EVs in India under its own brand name.

Foxconn's EV platform unit Mobility in Harmony (MIH) would be willing to work with its parent or another company to build the new three-seat EV priced below $20,000 (roughly Rs. 16,00,000) and tailor-made for a corporate delivery fleet, MIH CEO Jack Cheng told Reuters in an interview. MIH has been in talks with convenience stores, car rental compan...

China's BYD has told its India joint-venture partner it would shelve plans for a new $1-billion investment to build electric cars after its investment proposal faced scrutiny from New Delhi, two people with knowledge of the discussions said.

The Indian government is reportedly working on a new multibillion-dollar subsidy scheme for companies making electricity grid batteries as part of its transition to clean energy. The draft proposal for a production-linked incentive subsidy scheme would offer Rs. 216 billion ($2.63 billion) from this year through to 2030 for companies to set up manu...

Japanese automaker Suzuki Motor said on Tuesday it had reached an agreement with SkyDrive to make "flying cars". The companies will use a Suzuki Group factory in central Japan to make electric vertical take-off and landing (eVTOL) aircraft and aim to begin production by around spring next year.

India’s Tata Group signed an agreement with the Gujarat state government to set up a giga-factory for manufacturing lithium-ion cells, with an estimated initial investment of around Rs. 130 billion rupees. Tata Agaratas Energy Storage Solutions, a subsidiary of Tata Group, signed a memorandum of understanding on Friday to establish an electric-ve...

Tesla is "serious" about its plans to establish a manufacturing base in India, the country's deputy minister for technology told Reuters in an interview on Friday, a day after meeting senior executives of the electric vehicle maker.

SNE Research which provides global market research and consulting to the rechargeable batteries industry ranked Hyundai as the top sixth EV carmakers by sales in 2022. The Asian carmaker is ramping up its production capabilities as it aims to become one of the world's top three electric vehicle manufacturers by 2030.

Hyundai on Thursday said it would invest $2.45 billion (roughly Rs. 20,110 crore) in Tamil Nadu over a period of 10 years. The South Korean vehicle manufacturer is looking to increase production in India and introduce new electric vehicle models in the country.

Mitsubishi Electric India has decided to set up a new manufacturing unit in Tamil Nadu at an investment of about Rs. 1,891 crore. The manufacturing facility for room air-conditioners and compressors is expected to come up on a 52 acre land. Company officials said the commercial production at the facility was expected to begin in October 2025.

Mahindra Group plans to pump in Rs 37,000 crore over the next three years across business verticals with a major portion earmarked for the auto sector to introduce 23 new vehicles.

Vietnamese electric vehicle maker VinFast has asked India to reduce import duties on its cars for about two years so customers can get familiar with its products while a local manufacturing plant comes on stream, an executive said on Sunday.

The Amazon Great Republic Day sale is live right now, offering deep discounts on a wide range of products. The sale began for all customers on January 13 and has now been extended till January 19. With two days to go, this could be the perfect opportunity for you to pick up products off your wishlist. The Amazon sale brings lucrative deals on smart...

The Amazon Great Indian Festival sale 2023 kicked off for Prime members on October 7, bringing deep discounts on a host of products and devices. The sale is providing offers on smartphones, laptops, tablets, electrical appliances, gaming consoles and more. Here are our picks for the best deals on air conditioners during the Amazon sale.

Tata Motors, India's biggest electric carmaker, is testing its electric vehicles in some global markets where it could look at a potential launch if the experiment succeeds, its managing director told Reuters. The tests are in early stages and based on how the cars perform, Tata may need to make some changes to the product before it can finalise an...

India's steel-to-energy JSW Group is in early talks with Chinese automaker Leapmotor to license technology to build electric vehicles in India, according to people familiar with the discussions. Under the technology licensing agreement, JSW would use Leapmotor's platform to manufacture EVs in India under its own brand name.

Foxconn's EV platform unit Mobility in Harmony (MIH) would be willing to work with its parent or another company to build the new three-seat EV priced below $20,000 (roughly Rs. 16,00,000) and tailor-made for a corporate delivery fleet, MIH CEO Jack Cheng told Reuters in an interview. MIH has been in talks with convenience stores, car rental compan...

China's BYD has told its India joint-venture partner it would shelve plans for a new $1-billion investment to build electric cars after its investment proposal faced scrutiny from New Delhi, two people with knowledge of the discussions said.

The Indian government is reportedly working on a new multibillion-dollar subsidy scheme for companies making electricity grid batteries as part of its transition to clean energy. The draft proposal for a production-linked incentive subsidy scheme would offer Rs. 216 billion ($2.63 billion) from this year through to 2030 for companies to set up manu...

Japanese automaker Suzuki Motor said on Tuesday it had reached an agreement with SkyDrive to make "flying cars". The companies will use a Suzuki Group factory in central Japan to make electric vertical take-off and landing (eVTOL) aircraft and aim to begin production by around spring next year.

India’s Tata Group signed an agreement with the Gujarat state government to set up a giga-factory for manufacturing lithium-ion cells, with an estimated initial investment of around Rs. 130 billion rupees. Tata Agaratas Energy Storage Solutions, a subsidiary of Tata Group, signed a memorandum of understanding on Friday to establish an electric-ve...

Tesla is "serious" about its plans to establish a manufacturing base in India, the country's deputy minister for technology told Reuters in an interview on Friday, a day after meeting senior executives of the electric vehicle maker.

SNE Research which provides global market research and consulting to the rechargeable batteries industry ranked Hyundai as the top sixth EV carmakers by sales in 2022. The Asian carmaker is ramping up its production capabilities as it aims to become one of the world's top three electric vehicle manufacturers by 2030.

Hyundai on Thursday said it would invest $2.45 billion (roughly Rs. 20,110 crore) in Tamil Nadu over a period of 10 years. The South Korean vehicle manufacturer is looking to increase production in India and introduce new electric vehicle models in the country.

Mitsubishi Electric India has decided to set up a new manufacturing unit in Tamil Nadu at an investment of about Rs. 1,891 crore. The manufacturing facility for room air-conditioners and compressors is expected to come up on a 52 acre land. Company officials said the commercial production at the facility was expected to begin in October 2025.