On May 28, Ather Energy, a leading electric two-wheeler manufacturer in India, and Infineon Technologies Asia Pacific Pte Ltd signed a memorandum of understanding (MoU) in Seoul, South Korea, to jointly drive innovation in the electric vehicle (EV) industry in India. This collaboration will explore sensing and safety

On May 28, Lumax Auto Technologies Limited announced that IAC International Automotive India Private Limited (formerly known as Lumax Integrated Ventures Private Limited), a wholly-owned Subsidiary, inaugurated its two new manufacturing plants at Chakan (Pune), Maharashtra.
The first facility, an extension of IAC’s e

On May 27, Ravindra Energy Limited (REL) announced that its associate company, Energy In Motion Pvt Ltd (EIM), has entered into an exclusive agreement with FOTON to launch their range of electric heavy commercial cargo vehicles in India.
The commercial rollout of vehicles is scheduled to begin in Q2 of FY 2025-26. Un

On May 27, Jupiter Electric Mobility (JEM), the electric vehicle arm of Jupiter Wagons Limited, signed an MOU with Pickkup, a fast-growing Delhi-based logistics platform specializing in sustainable intra-city and intercity deliveries. The partnership aims to deploy 300 units of JEM TEZ, JEM's top-of-the-line electric

On May 28, Schaeffler India Limited inaugurated its fifth manufacturing facility in Shoolagiri, Tamil Nadu, India. The 16,500 square meter plant will serve as a hub for the production and expansion of conventional and electrified powertrain technologies, including planetary gear systems, hybrid transmission component

On May 26, NHK SPRING CO., LTD. announced its plan to construct a new plant in Chhatrapati Sambhajinagar (Aurangabad) in India to manufacture and sale of coil springs and stabilizer bars. It will be the third production site of NHK SPRING INDIA LTD. The plant will be completed in 2027. NHK will invest JPY 2 billion i

On May 21, Zeno launched the EMARA electric motorcycle at an introductory price of INR 64,000. It has a range of over 100 kilometers. It has a 250 kg load-carrying capacity.  It can attain a top speed of 90 kmph. It can generate 8kW of peak power.
Based on Zeno social media update/ website update 

On May 23, the Transport Minister of Maharashtra State, in a social media post, announced that the company responsible for supplying 5150 electric buses on a rental basis has been found inactive, and instructions were given to cancel the tender agreement with this company.
A revised schedule was given to the concerne

On May 14, Alicon Castalloy, in an investor update, announced that it expects a capital expenditure of around INR 1.7 billion in the next financial year (FY 2025-26, ending March 31, 2026) to build capabilities and support its expanding business pipeline.
For FY 2024-25, they had projected INR 18 billion in revenue,

On May 27, Lumax Industries announced that during the quarter ended on March 31, 2025, it has won business from Maruti Suzuki to supply headlamps, rear combination lamp assemblies, and tail and stop lamp assemblies for its upcoming E-Vitara electric vehicle. 
It will also supply headlamps, rear combination lamp assem

On May 22, HORIBA India, a subsidiary of the HORIBA Group, signed an MoU (Memorandum of Understanding) with IIT Delhi (Indian Institute of Technology Delhi) to support three technical development research projects under its Corporate Social Responsibility (CSR) program.
The three projects include the development of a

On May 24, the Deputy Chief Minister of Telangana state, in a social media post, announced that the Industrial Promotion Sub-Committee has approved Hyundai Global Innovation Research and Development Center in Zaheerabad NIMZ. 
The project involves an investment of INR 85.3 billion (approximately USD 1 billion) and is

On May 24, multiple sources reported that Suzuki Motorcycle India Pvt. Ltd. (SMIPL) has started production of its first electric scooter, the Suzuki e-ACCESS, at its manufacturing facility in Gurugram. It is powered by Suzuki’s e-Technology. It has a Lithium Iron Phosphate (LFP) battery. 
Based on multiple sources 

On May 15, ZF Commercial Vehicle Control Systems India, in an investor update, announced that it continued to launch advanced technology products from its newly inaugurated plant at Oragadam, catering to both Indian and global customers. New manufacturing lines for next-generation e-mobility products have been commis

On May 16, Hyundai Motor India Limited, in an investor update, announced that for the financial year FY 2025-26 (ending March 31, 2026), it anticipates the growth in export volumes to be around 7% - 8%, supported by robust demand for its products in the emerging markets.
Hyundai is positioning its Indian unit as an e

On May 25, Sharda Motor Industries, in an investor update, announced that during the FY 2024-25 (ending March 31, 2025), it has won the business of suspension control arms from one of the fastest-growing passenger vehicle companies. The lifetime value of this order is USD 22 million. Production will start in Q3, FY 2

On May 16, Hyundai Motor India Limited, in an investor update, announced that it has planned a capex of around INR 70 billion in the financial year 2025-26 (ending March 31, 2026). 
Out of the total planned capex, the major allocation will be around 40% for the Pune expansion and 25% for product-related investments.

On May 22, Exicom launched Harmony Direct 2.0, its next-generation DC fast charger. It has Harmony OS, India’s first indigenously developed charger operating system. Harmony OS puts intelligence at the core, automating charger-to-car-to-cloud interactions. The charger is uniquely equipped with sensor-based diagnostic

On May 15, ZF Commercial Vehicle Control Systems India, in an investor update, announced that it is ramping up new project launches, such as the Exhaust Brake Valve, Automatic Traction Control, and increased penetration of OptiDrive (AMT), and OptiRide Electronically Controlled Air Suspension.
The upcoming ESC regula