Ashok Leyland, India to set up Indonesia subsidiary On May 28, Ashok Leyland's board approved the incorporation of a wholly owned subsidiary in Indonesia, subject to applicable laws and regulatory approvals. Further details will be disclosed after the entity is incorporated. The move follows an MoU signed in February 2026 with PT Pindad, Indonesia's state-owned defence and industrial equipment manufacturer, covering joint development and manufac...

News  Updated at: 2026/05/29

V-Green and ChargeZone partner to deploy EV charging stations for VinFast, India On May 28, V-Green, the EV charging infrastructure company within Vietnam's Vingroup ecosystem, and ChargeZone, an EV charging network, announced a partnership to develop dedicated co-branded EV charging infrastructure for VinFast customers across India. This is VinFast's first co-branded charging partnership with a charge point operator in India.  Under the arrange...

News  Updated at: 2026/05/29

Varroc Engineering, India updates about new business wins in Q4 FY 2026 On May 27, Varroc Engineering announced that in Q4 FY 2026 (ending March), its notable wins included a wall-charger order for its Romanian business from a global EV player, and gears and crankpin orders from its ICE powertrain solutions vertical. Management said these wins are intended to fill existing capacity and improve asset utilisation. The overseas electronics and ligh...

News  Updated at: 2026/05/29

Tata AutoComp, India partners South Korea's Jahwa Electronics for PTC heaters On May 28, Tata AutoComp Systems and South Korea's Jahwa Electronics announced a joint venture to locally manufacture and supply low-voltage and high-voltage PTC heaters for India's electric and hybrid vehicle segments. The JV combines Jahwa's precision engineering and proprietary magnetic material technology with Tata AutoComp's manufacturing infrastructure and OEM rel...

News  Updated at: 2026/05/29

TVS Srichakra, India to expand capacity at Madurai manufacturing units On May 27, TVS Srichakra approved a capital investment of up to INR 2.2 billion to expand capacity at its manufacturing units in Vellaripatti, Madurai. Of this, INR 1.1 billion is directed at its two-wheeler tire plant, which currently operates at 80-85% utilisation with a capacity of approximately 2.10-2.35 million tires per annum. The expansion will add approximately 5% capa...

News  Updated at: 2026/05/29

Toyota Kirloskar Motor, India prices Urban Cruiser Ebella EV for INR 2.36 million On May 29, Toyota Kirloskar Motor announced the price of the Urban Cruiser Ebella E3 electric SUV at INR 2.36 million. The sole variant is powered by a 61-kWh battery producing 128 kW and 189 Nm of torque. It also comes as a Battery-as-a-Service financing option. Its key features include a 10.25-inch combimeter, 10.1-inch touchscreen, level 2 ADAS, seven airbags, JB...

News  Updated at: 2026/05/29

FORVIA wins four key display-related business awards across China, India, South America FORVIA SE has secured four display-related business wins across China, India, and South America. These wins reinforces FORVIA Clarion Electronics' role in cockpit electronics and next-generation mobility solutions. They cover multiple display technologies, including a large-format cockpit display for immersive user experiences, an e-Mirror display program, and...

News  Updated at: 2026/05/29

growth. On the other hand, global sales are facing a sharp shift in the market. In April, global sales fell 1.3% y/y to 1,936,042 units, marking the third consecutive month of decline. Six of the eight companies saw decreases, with the exception of Suzuki Motor Corporation, which performed well in India, and Daihatsu Motor Co., Ltd., which capitalized on demand for small cars. Overseas sales, in particular, were significantly affected by the cha...

News  Updated at: 2026/05/29

Tesla ends efforts to establish manufacturing plant in India On May 19, India’s Minister of Heavy Industries H.D. Kumaraswamy confirmed that Tesla had informed authorities it will not proceed with a manufacturing facility in the country. Tesla first showed interest in 2021 when it began hiring local staff and lobbying the Indian government for lower import tariffs, with the idea to test the market with imported vehicles before committing capita...

News  Updated at: 2026/05/29

Basemark, Finland, and KPIT, India, partner for multi-screen automotive HMI solutions On May 28, Basemark announced a strategic collaboration with KPIT Technologies to accelerate the development and large-scale deployment of next-generation multi-screen Human Machine Interface (HMI) solutions for automotive OEMs. Basemark and KPIT will help OEMs reduce development risk and accelerate deployment of advanced HMI, AR HUD, digital cockpit, and multi-...

News  Updated at: 2026/05/28

Jindal Mobilitric, India unveils R.40 and R.20 two electric scooters with LFP batteries On May 26, Jindal Mobilitric, the electric mobility venture of the Jindal group, unveiled its first two electric scooters, the R.40 and R.20. The R.40 is powered by a hub motor producing 4 kW peak power and 165 Nm torque, with a 3.66 kWh prismatic LFP battery offering a claimed true range of 135 km and a 0-40 km/h acceleration time of 5 seconds. Top speed is 7...

News  Updated at: 2026/05/28

SKF India targets EV bearing, CAFE-3, and BS-VII opportunities In an investor update, SKF India announced that it recorded new business wins in Q1 FY 2027 (April-June 2026) for electric motor bearings and wheel hub bearings tied to model year 2026-27 launches across two-wheeler, three-wheeler, passenger vehicle, and commercial vehicle segments, with order book visibility extending up to 2030. It mentioned that while electric vehicles use fewer be...

News  Updated at: 2026/05/28

Tata Motors CV, India updates about investments, Indonesia order and Iveco deal In an investor update, Tata Motors' commercial vehicle business announced that it invested approximately INR 30 billion in FY 2026 (ending March), comprising INR 17 billion in R&D and INR 11 billion in capex and other investments. The FY 2027 investment is expected to remain broadly in a similar range. On the order and business front, the company's 70,000-unit Indones...

News  Updated at: 2026/05/28

Tata Motors PV, India to launch 2 new nameplates and 8 facelifts in FY 2027, Sierra supply ramp-up underway In an investor update, Tata Motors Passenger Vehicles announced that the demand and bookings for the Sierra remain very strong, but production has been constrained by a supplier ramp-up challenge on the casting side due to the Sierra's new engine. The company said its near-term target is to reach 10,000 Sierra units per month, with addition...

News  Updated at: 2026/05/28

Royal Enfield, India launches Bullet 650 in India On May 28, Royal Enfield launched the Bullet 650 motorcycle for INR 364,856. The motorcycle is powered by a parallel-twin 650cc engine paired with a 6-speed gearbox and a light slipper clutch, and is built around a steel tubular spine frame with Showa suspension featuring 41mm front forks with 120mm travel and twin-tube rear hydraulics with 112mm travel.  The motorcycle was globally showcased at ...

News  Updated at: 2026/05/28

Tata Motors, India revamps Tiago hatchback lineup with gasoline CNG and EV option On May 28, Tata Motors Passenger Vehicles launched the Next Gen Tiago and Next Gen Tiago.ev in multiple powertrains. The gasoline variant starts at INR 469 thousand and goes up to INR 729 thousand, while the iCNG variant is priced from INR 579 thousand to INR 799 thousand. The Tiago.ev is priced from INR 699 thousand for the 19 kWh Smart variant up to INR 999 thousa...

News  Updated at: 2026/05/28

f Piolax’s revenue, have had a direct impact on Piolax’s business performance, forcing the company to revise its mid-term business plan to “stop the bleeding” by diversifying its markets. The company will focus on the big three automakers in North America and continue to invest in growth in India. It also expects to explore new business opportunities in China, where Japanese suppliers are struggling. Due to sluggish sales of Nissan and Ho...

News  Updated at: 2026/05/28

CIE Automotive India to shift focus of European business, flags supply risk From Iran war In an investor update, CIE Automotive India announced that its European operations carry a significant dependency on forged crankshafts, a product category that is not required in electric vehicles. To offset the potential long-term decline in crankshaft demand, the company is pivoting its European portfolio toward steel and aluminium parts that remain unaff...

News  Updated at: 2026/05/27

JK Tyre, India to expand TBR and PCR capacity On May 26, JK Tyre and Industries announced that its board of directors has approved phased capacity expansion for Truck and Bus Radial (TBR) and Passenger Car Radial (PCR) tires at its Chennai tire plant and Vikrant tire plant. The expansion will add 24% capacity to the existing TBR and PCR base of 21 million tires per annum, which is currently operating at over 90% utilisation. The total investment ...

News  Updated at: 2026/05/27

Royal Enfield, India to expand capacity to 2 million units by Q2 FY 2028 On May 22, in an investor update, Royal Enfield announced that it is expanding manufacturing capacity across multiple sites to support demand growth. It currently has a declared capacity of 1.4 million units per year, which will increase to approximately 1.6 million units with the addition of a 500-units-per-day production module kicking in from June-July 2026. Further, a s...

News  Updated at: 2026/05/27