Automobiles

Indian Oil, Panasonic team up for lithium-ion cell production in India

02 Apr 2024

State-owned oil refining and marketing company Indian Oil Corporation Ltd (IOCL) will be setting up a joint venture with Panasonic Energy Co Ltd, a unit of Japan’s Panasonic Group, for manufacturing lithium-ion batteries and energy storage systems.

Tata EV arm, HPCL join to boost charging infrastructure

01 Apr 2024

Tata Passenger Electric Mobility Ltd (TPEM) has teamed up with state-owned fuel marketing company Hindustan Petroleum Corporation Limited (HPCL) to develop 5,000 electric vehicle charging stations across the country by the year-end.

Nissan, Honda to jointly explore future automobile technologies

19 Mar 2024

Japanese car makers Nissan Motor Co and Honda Motor Co have announced the signing of a memorandum of understanding (MoU) to explore the feasibility of a strategic partnership in the areas of vehicle electrification and the use of artificial intelligence.

India slashes import duty on EVs to smoothen Tesla’s market entry

18 Mar 2024

India has slashed customs duty on import of ready-to-assemble automobiles, or CKD units, to 15 per cent for a period of five years, in a move that would help EV majors like Tesla enter the Indian market.

Tata Motors to invest Rs9,000 crore in new Tamil Nadu facility

14 Mar 2024

Tata Motors has proposed to invest Rs9,000 crore for setting up a new automobile manufacturing facility in Tamil Nadu over a 5-year period.

Ford to re-enter India with SUVs, hybrids and EVs: report

06 Mar 2024

Ford Motor, which exited India and sold its Gujarat plant to Tata Motors, is now all set to make a comeback with the launch of new car models, including SUVs and hybrid and electric vehicles

Tata Motors to spin off commercial and passenger vehicle businesses

05 Mar 2024

Tata Motors on Monday announced plans to spin off its commercial vehicle and passenger vehicle divisions into separate businesses. This will be done by demerging the two divisions and merging each with related businesses, Tata Motors stated in a stock exchange filing.

Tata slashes EV prices by up to Rs1.2 lakh as batteries become cheaper

14 Feb 2024

Tata Passenger Electric Mobility Ltd (TPEM), the electric vehicle arm of Tata Motors, has announced a major reduction in prices across its popular EV models, including the Nexon.ev and the Tiago.ev, passing on the benefit of a reduction in battery prices.

JSW Group to invest Rs40,000-cr for creating an EV manufacturing ecosystem in Odisha

11 Feb 2024

JSW Group has entered into a memorandum of understanding (MoU) with the Odisha government for establishing an integrated electric vehicle

US solar EV maker Aptera forms alliance with CTNS for battery pack production

31 Jan 2024

US start-up Aptera Motors has entered into a strategic alliance with South Korean battery pack producer CTNS, in a move aimed at scaling up production of its transformative solar-powered electric vehicle.