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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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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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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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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...
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Mahindra Says EV Partnership With Volkswagen Moving Ahead As Planned
The two companies had signed a partnering agreement in May 2022 for sourcing EV components from VW with a binding supply contract yet to be signed.
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Mahindra To Explore More Partnerships For EV Parts
Mahindra will explore sourcing more components from other companies to boost its EV portfolio.
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Denso May Consider Spinning Off Chip Business: Report
Denso's CTO, Yoshifumi Kato said last week that the company expected demand for auto chips to be about a third higher by 2025 than it was in 2020, as the key component was increasingly used in fossil-fuel cars, electric vehicles and autonomous drive technology.
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Toyota To Manufacture EV Components In India; Invests Rs. 4800 Crore
The Toyota Group Of Companies announced their Memorandum of Understanding (MOU) with the Government of Karnataka to invest Rs. 4,800 crores.
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115 Automotive Companies Apply For PLI Scheme: Ministry Of Heavy Industries
Incentives are applicable under the scheme for determining sales of Advanced Automotive Technology (AAT) products (vehicles and components) manufactured in India from April 1, 2022, onwards for a period of five consecutive years, the ministry said in a statement.
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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.
-
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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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.
-
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...
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Mahindra Says EV Partnership With Volkswagen Moving Ahead As Planned
The two companies had signed a partnering agreement in May 2022 for sourcing EV components from VW with a binding supply contract yet to be signed.
-
Mahindra To Explore More Partnerships For EV Parts
Mahindra will explore sourcing more components from other companies to boost its EV portfolio.
-
Denso May Consider Spinning Off Chip Business: Report
Denso's CTO, Yoshifumi Kato said last week that the company expected demand for auto chips to be about a third higher by 2025 than it was in 2020, as the key component was increasingly used in fossil-fuel cars, electric vehicles and autonomous drive technology.
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Toyota To Manufacture EV Components In India; Invests Rs. 4800 Crore
The Toyota Group Of Companies announced their Memorandum of Understanding (MOU) with the Government of Karnataka to invest Rs. 4,800 crores.
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115 Automotive Companies Apply For PLI Scheme: Ministry Of Heavy Industries
Incentives are applicable under the scheme for determining sales of Advanced Automotive Technology (AAT) products (vehicles and components) manufactured in India from April 1, 2022, onwards for a period of five consecutive years, the ministry said in a statement.
