On December 25, Blinq Mobility announced that it had raised INR 43 million in a pre-seed funding round led by 8i Ventures, with participation from IIMA Ventures, AIC Banasthali Vidyapith, and several angel investors. The company is developing modular electric cars designed for rapid battery swapping instead of plug‑i

On December 27, Convergence Energy Services Ltd. (CESL) concluded its tendering process for 10,900 electric buses under the PM E-Drive Scheme, having received bids from 16 participants. CESL, a wholly owned subsidiary of Energy Efficiency Services Ltd and the government’s nominated agency for aggregation and procurem

On December 25, 2025, Ola Electric announced that it had received a sanction order from the Ministry of Heavy Industries for approximately INR 3.7 billion under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme) for FY 2024-25. The sanction relates to demand incentives on the

On December 23, SJS Enterprises Limited signed a technology license cum supply agreement (TLA) with BOE Varitronix Limited (BOEVX), Hong Kong, for the optical bonding and assembly of automotive display systems in India. This collaboration enhances product capabilities and accelerates the localization of key display c

On December 24, Naxatra Labs, an Ahmedabad-based deeptech company developing high-efficiency electric motors for EV and industrial applications, raised USD 3 million in a Pre-Series A funding round led by Rainmatter, with participation from individual investors from Paytm, Delhivery, and Ather Energy. The company pla

On December 23, 2025, JK Tyre & Industries Ltd. announced the completion of the merger of its subsidiary Cavendish Industries Ltd. with JK Tyre & Industries Ltd. Cavendish, acquired from Kesoram Industries Ltd. in 2016, had manufacturing capacity for truck/bus radial, truck/bus bias, and 2/3‑wheeler tires and was ope

On December 23, 2025, Kia India announced that it had started production of the all-new Seltos at its Anantapur, Andhra Pradesh plant, with prices to be announced on January 2, 2026. The new Seltos is built on Kia’s India-first global K3 platform and comes with three engine options: Smartstream G1.5 gasoline, Smartst

On December 22, Lexus India reported that its LM 350h luxury MPV recorded 40% sales growth in November 2025 and a cumulative 15% growth between January and November 2025 compared with the same period last year. The company notes that demand is coming from multiple large cities. The LM 350h is offered in four‑ and sev

On December 23, Endurance Technologies Limited reported a cybersecurity incident affecting its IT infrastructure. It mentioned that the affected systems were isolated, and containment and remediation measures were initiated while an investigation is conducted to determine the scope of the issue.​
Endurance has stated

On December 23, 2025, FICCI, in partnership with Mercedes‑Benz India, launched the FICCI Mercedes‑Benz India “Bharat Innovation & Business Ideas Challenge Programme”, a national initiative aimed at early‑stage innovators and startups.
The program focuses on sectors including manufacturing, sustainability, decarbonisa

On December 22, the made‑in‑India Suzuki Fronx was awarded a one‑star safety rating by ANCAP after the test body recorded poor crash‑test performance and a serious rear seatbelt failure in its latest assessment for Australia and New Zealand. The rating applies to all Fronx variants introduced in New Zealand from June

On December 22, India concluded a landmark Free Trade Agreement (FTA) with New Zealand. The FTA provides major duty-free access for Indian exports, protects sensitive domestic sectors, and supports inclusive and resilient economic growth. The FTA improves market access for Indian goods and also opens opportunities in

On December 22, Greenfuel Energy Solutions announced the commissioning of its state-of-the-art ferrule-less tube and fitting manufacturing line at the Manesar facility, a significant step in localising advanced automotive technology in India. This indigenised production line was inaugurated in collaboration with Maru

On December 22, ROHM Co., Ltd. and Tata Electronics announced a partnership for semiconductor manufacturing in India for both the Indian and global markets. They will establish a manufacturing framework for power semiconductors in India by combining ROHM’s device technologies with Tata Electronics’ semiconductor asse

On December 22, Samvardhana Motherson International Limited (SAMIL) announced that it has entered negotiations through its subsidiary Motherson Global Investments B.V. to acquire 100% of the global wiring harness business of Nexans autoelectric GmbH (“AutoElectric”). The enterprise value of the transaction is EUR 207

On December 22, Exide Industries Limited announced that it is investing INR 1.8 billion in its wholly owned subsidiary Exide Energy Solutions Limited (EESL). EESL is engaged in the business of manufacturing and selling lithium-ion battery cells, modules, and packs for India's electric vehicle market and stationary ap

On December 23, Tata Motors, India announced that it will introduce five new EV nameplates by FY 2030 (ending March 31, 2030). It will introduce Sierra.ev and new Punch.ev in 2026. It will also introduce Avinya range of premium luxury EVs by the end of 2026.
For the charging infrastructure, it will introduce 400,000

On December 20, Mindra Group, in a social media update, announced that it has signed a memorandum of understanding (MoU) with REPT BATTERO Energy Co., Ltd., a China-based Tier I lithium ion battery maker for an exclusive 1 GWh partnership for the Indian battery energy storage system (BESS) market.
The MoU covers 150

On December 19, 2025, HMC E-Valley Pvt. Ltd. (HIVE), the hi-tech valley for advanced e-mobility manufacturing, and KPIT Technologies Limited announced a memorandum of understanding to establish an independent Centre of Excellence in Delhi-NCR for design and engineering services for global micromobility and L‑category