Kia Seltos earns 5-star Bharat NCAP rating in India On March 30, 2026, Kia India announced that the all-new Seltos has received a 5-star Bharat NCAP rating with a combined score of 76.70, the highest for any ICE vehicle tested under the programme to date. It scored 31.70 points for Adult Occupant Protection, the highest-ever AOP score among ICE vehicles in BNCAP history, and 45.00 points for Child Occupant Protection. The vehicle is built on the...

News  Updated at: 2026/04/02

Hero MotoCorp, India picks up 36.67% in Euler Motors On April 1, Hero MotoCorp completed the acquisition of 268,219 Series E Cumulative Compulsorily Convertible Preference Shares in Euler Motors for INR 2.1 billion, part of a broader INR 2.75 billion additional investment approved in February 2026. Post acquisition, Hero MotoCorp holds 36.67% of Euler Motors on a fully diluted basis, up from its earlier associate-level stake. Euler Motors is a Be...

News  Updated at: 2026/04/02

Agratas, India completes steel frame at Sanand battery gigafactory On April 2, Agratas, the Tata Group's global battery business, completed the steel frame structure at its Sanand facility in Gujarat, a key construction milestone keeping the 20 GWh first-phase gigafactory on track for production in 2027. The structure spans 700 metres in length, 150 metres in width, and rises to 34 metres at its highest point, covering a built-up area of 105,000 ...

News  Updated at: 2026/04/02

EKA Mobility, India sold 1,143 units across buses, trucks and SCVs in FY 2026 On April 1, EKA Mobility announced that it sold 1,143 electric commercial vehicles and produced 1,344 units in FY 2025-26 across its bus, small commercial vehicle, and newly entered medium and heavy commercial vehicle truck segments. The company has a confirmed order book of 6,000-plus e-buses for delivery over the next two years and is scaling up planned annual manufac...

News  Updated at: 2026/04/02

VinFast opens bookings for VF MPV 7 in India On April 2, 2026, VinFast opened bookings for the VF MPV 7, a seven-seat electric MPV, through its website and 50 dealerships across India, with pricing and official launch set for April 15, 2026.  The VF MPV 7 measures 4,740 x 1,872 x 1,734 mm with a 2,840 mm wheelbase and is equipped with a 60.13 kWh battery offering a claimed range of 500-plus km, with fast charging from 10% to 70% in approximately...

News  Updated at: 2026/04/02

Tube Investments, India acquires complete ownership of EV manufacturer TIVOLT On March 31, Tube Investments of India Limited announced that its subsidiary TI Clean Mobility Private Limited has acquired 30 million shares of TIVOLT Electric Vehicles Private Limited, representing 5.45% of the share capital of TIVOLT, for a consideration of INR 300 million. TIVOLT Electric Vehicles has become a wholly owned subsidiary of TI Clean Mobility.  TIVOLT E...

News  Updated at: 2026/04/01

Ramkrishna Forgings, India, expands capacity with new horizontal casting line On March 31, Ramkrishna Forgings Limited announced that it has commenced the commercial production of Horizontal Casting Line, “DISA FLEX 80”. It has a production capacity of 28,800 metric tonnes p.a. at its PLANT VIII in Jharkhand. The casting line can manufacture casting products as per quality standards and customer requirements. The company invested INR 2.49 bil...

News  Updated at: 2026/04/01

Hero MotorCorp receives Type Approval Certificate for category-swapping vehicle Surge S32 in India On March 31, the Union Minister of Road, Transport, and Highway, provided a Type Approval Certificate for the Surge S32 electric vehicle. Hero MotoCorp has introduced the Surge S32 electric vehicle, positioned as the world’s first category-swapping vehicle, capable of transitioning between a three-wheeler and a two-wheeler depending on operational...

News  Updated at: 2026/04/01

Tata Motors Passenger Vehicles, India, sales increases 29% in March 2026 On April 1, Tata Motors Passenger Vehicles Ltd. (formerly known as Tata Motors Limited) reported that it sold 66,971 vehicles in domestic and international markets in March 2026, marking a 29% year-on-year increase over the 51,872 units sold in March 2025. Of these, total PV domestic sales (including electric vehicles) were 66,192 units, up 28% from 51,616 last year. Electri...

News  Updated at: 2026/04/01

Kaynes Technology inaugurates semiconductor plant in Sanand, India On March 31, the Prime Minister of India inaugurated the Kaynes Technology semiconductor plant in Sanand, Gujarat. The facility will supply Intelligent Power Modules to a California-based company, and a large share of its output is already booked for export. It will strengthen the electric vehicle ecosystem and heavy industry both in India and globally.  Based on PIB press releas...

News  Updated at: 2026/04/01

ZF CVCS wins business nomination to develop ADAS for bus platform in India On March 31, ZF Commercial Vehicle Control Systems India Limited (ZF CVCS) announced that it has secured another Advanced Driver Assistance Systems (ADAS) Business nomination from an Indian Commercial Vehicle OEM for a bus platform. The solution integrates ZF OnGuardMAX with Short-Range Radar (SRR) alongside Electronic Braking System (EBS) and Electronic Stability Control ...

News  Updated at: 2026/04/01

Valeo, India inaugurates e-Axle manufacturing line for Mahindra's Born Electric platform On March 30, Valeo inaugurated a new electric powertrain manufacturing line at its Pune plant in Lonikand, producing fully integrated 3-in-1 e-Axles combining the motor, inverter, and reducer for Mahindra's Born Electric vehicle platform. The line features automated U-Pin/Hairpin winding stator assembly, reducer assembly, inverter manufacturing, and final e-A...

News  Updated at: 2026/03/31

ChargeZone, India targets 1,000+ DOCO supercharging stations by FY 2027 On March 31, ChargeZone announced plans to deploy over 1,000 Dealer Owned, Company Operated (DOCO) EV supercharging stations across key national highway corridors by FY 2027, backed by an SBI financing partnership under the EV Mitra scheme. Under the DOCO model, landowners, entrepreneurs, and institutions can invest from INR 10 million per station while ChargeZone handles de...

News  Updated at: 2026/03/31

Komaki opens second LFP battery plant in Gurugram, India On March 31, Komaki Electric Vehicles commissioned a second lithium battery manufacturing plant in Udyog Vihar, Gurugram, spread across 40,000 sq ft with an investment of INR 300 million. The facility has a monthly output of 10,000 LiFePO4 batteries, translating to 120 thousand units annually, and the company claims it is the largest integrated EV battery manufacturing unit in North India. ...

News  Updated at: 2026/03/31

BASF divests 100% stakes in BASF India Coatings Private Limited On March 30, BASF India announced that its board of directors approved the transfer and sale of the 100% stake held in BASF India Coatings Private Limited, a wholly owned subsidiary, to Bond German BidCo 2 GmbH and Bond France BidCo SAS (Carlyle Group Companies) at a consideration of INR 2.3 billion. The closing of the transaction is planned for the second quarter of 2026, and therea...

News  Updated at: 2026/03/31

Ota City, Gunma Prefecture), production volume dropped because only electric vehicles (EVs) were being produced at the initial stage after the restart. Meanwhile, Suzuki, Daihatsu, Mazda, and Mitsubishi Motors posted positive results. Suzuki’s overseas production increased by about 18%, driven by India. Mitsubishi Motors posted double-digit growth in both Japan and overseas, reflecting the impact of new models. Its global sales fell for the fir...

News  Updated at: 2026/03/31

Government of India cuts e-2W incentive under PM E-DRIVE, sets July 2026 deadline for subsidy claims On March 27, 2026, The Ministry of Heavy Industries amended the PM E-DRIVE scheme, halving the incentive for registered electric two-wheelers from INR 5,000 per kWh (capped at INR 10,000 per vehicle) to INR 2,500 per kWh (capped at INR 5,000 per vehicle) effective April 1, 2025, with a terminal date of July 31, 2026 for e-2W (electric two-wheeler)...

News  Updated at: 2026/03/30

Hyundai Motors India Venue and Venue N Line score 5-star rating at Bharat NCAP On March 30, 2026, Hyundai Motor India announced that its all-new Venue and Venue N Line received a 5-star safety rating under the Bharat New Car Assessment Programme (BNCAP), with an Adult Occupant Protection (AOP) score of 31.147. Built on the Global K1 enhanced platform with 71% use of hot stamping, ultra-high strength, advanced high strength and high strength stee...

News  Updated at: 2026/03/30

Setco Automotive, India sells SASPL to RSB Transmissions, to rename itself Shilayan Industries On March 29, 2026, Setco Automotive signed agreements to sell its entire 65% stake in Setco Auto Systems Private Limited (SASPL), its material subsidiary contributing 96% of consolidated revenue (INR 6.63 billion in FY 2024–25), to Pune-based RSB Transmissions in a two-phase transaction. In Phase 1, approximately 41% will be sold for around INR 1.85 b...

News  Updated at: 2026/03/30

Lumax Auto Technologies, India, to invest in JV Lumax Alps Alpine India On March 27, 2026, Lumax Auto Technologies has approved an equity investment of up to INR 70 million in Lumax Alps Alpine India Private Limited (LAAIPL), a 50:50 joint venture in which it already holds half the equity, to support the JV's capex, working capital, and general business requirements. The transaction, to be completed in cash within approximately three months, is a...

News  Updated at: 2026/03/30