FORVIA to set up first complete seat assembly plant in India
New Delhi: Global automotive technology company FORVIA has announced a major expansion of its operations in India with plans to establish its 10th manufacturing facility in the country and its…
Avore Electric Launches first Electric Motorcycle EX at Rs 1.25 Lakh
Ahmedabad: Avore Electric, India's homegrown technology-first electric motorcycle manufacturer from the house of Samarth E-Mobility, on Tuesday announced the launch of the Avore Electric EX (Avore Electric Elevated Experience), its…
Toyota Motor Joins Volvo and Daimler Truck’s Fuel Cell Technology JV
New Delhi: Toyota Motor Corporation, Volvo Group and Daimler Truck have signed a binding agreement under which Toyota will join fuel cell company cellcentric as an equal shareholder, marking a…
Omega Seiki Mobility raises Rs 50 crore to fuel EV expansion
New Delhi: Electric vehicle manufacturer Omega Seiki Mobility (OSM) has raised Rs 50 crore in a funding round led by Securocorp Securities India, along with investments from Sangeeta Pareekh, the…
Energy In Motion, HPCL join hands to build EV charging network for heavy trucks
Staff WriterMumbai: Energy In Motion Ltd (EIM) has signed an agreement with Hindustan Petroleum Corporation Ltd (HPCL) to set up fast-charging and battery-swapping infrastructure for heavy commercial electric vehicles at…
Valeo H1 Profitability improves as cash flow strengthens, debt falls
New Delhi: French automotive technology company Valeo on Thursday reported improved profitability and stronger cash generation in the first half of 2026, while reducing its net debt, as the company…
Sona Comstar Q1 profit jumps 45 percent, unveils Robotics growth strategy
New Delhi: Mobility technology company Sona BLW Precision Forgings Ltd (Sona Comstar) on Thursday reported a 45 per cent year-on-year increase in consolidated profit after tax (PAT) to Rs 181…
Schaeffler India Q2 net profit rises 13.5 pc on strong revenue growth
Pune: Mobility tech firm Schaeffler India Ltd on Wednesday reported a 13.47 per cent rise in consolidated net profit to Rs 336.7 crore for the quarter ended June 30, 2026,…
Ashok Leyland Partners with Shriram Automall for pre-owned CVs
New Delhi: Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU), with Shriram Automall India Limited (SAMIL).…
Sona Comstar, DENSO form two joint ventures to develop electric & hybrid powertrain systems
Gurugram: Sona BLW Precision Forgings Limited. ("Sona Comstar") on Wednesday signed definitive agreements with DENSO Corporation, Japan ("DENSO"), to establish two joint ventures to develop, design, manufacture and market advanced…
