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Automotive-Industries Sector News & Updates - November 24, 2024



Uno Minda establishes two new plants for manufacturing of EV components and systems
Automotive Industries   -  Aug 21,2023
Uno Minda Ltd, in partnership with FRIWO AG Germany, has inaugurated a new EV systems plant in Farukhnagar, Haryana. The facility will manufacture a range of components for electric 2-wheelers and 3-w .


Soujanya Group inaugurates cutting-edge research & development center in Navi Mumbai facility
Automotive Industries   -  Aug 18,2023
The Soujanya Group, a technologically advanced conglomerate in Colorants, Life Sciences, and Specialty Chemicals, is soon inaugurating an advanced R&D Center and pilot plant on their four-acre campus. .


Sansera Engineering likely to invest Rs 300-crore capex in FY24 as order books swell
Automotive Industries   -  Aug 18,2023
Sansera Engineering Ltd, a manufacturer of precision-forged and machined components for auto and non-auto sectors, intends to invest 300 crore in FY24, up from 244 crore in FY23. The company's gr .


Uno Minda gets two new plants for manufacturing of EV components and systems
Automotive Industries   -  Aug 18,2023
Uno Minda Ltd, in collaboration with FRIWO AG Germany, has established a new EV systems plant in Farukhnagar, Haryana. The plant will manufacture various components for electric 2-wheelers and 3-wheel .


Ola Electric to double current EV manufacturing capacity
Automotive Industries   -  Aug 17,2023
Ola Electric plans to double its electric vehicle production from one to two million units annually within 6 to 9 months. Founder Bhavish Aggarwal is optimistic about financial growth, with new and up .


Servotech inks MoU with UP government to establish EV Charger manufacturing plant in UP
Automotive Industries   -  Aug 14,2023
The Government of Uttar Pradesh and Servotech Power Systems Ltd., a leading EV charger manufacturer in India, have signed an MoU to establish an EV charger manufacturing factory with backward integrat .


Daimler India plans to manufacture E-buses, hydrogen trucks
Automotive Industries   -  Aug 09,2023
Daimler India Commercial Cars (DICV) is reportedly considering entering the Indian market with electric buses and hydrogen trucks, aligning with India's transition towards zero-emission vehicles. .


Lord’s Mark Industries, Kerala Automobiles establish JV for EV production
Automotive Industries   -  Aug 07,2023
Mumbai-based Lord's Mark Industries Limited has partnered with Kerala Automobiles Ltd to manufacture electric 2 and 3-wheelers, passenger vehicles, and loaders. The joint venture aims to produce .


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