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Valeo commissions e-axle line in Pune for Mahindra’s Born Electric platform

Autocar Professional Bureau     calendar30 Mar 2026

The new line will produce Valeo’s 3-in-1 e-axle, which integrates the motor, inverter and transmission into a compact unit.

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Govt Approves Lohum’s Rare Earth Magnet Plan; 29 More Electronics Projects Get Nod News
Govt Approves Lohum’s Rare Earth Magnet Plan; 29 More Electronics Projects Get Nod

autherKiran Murali calendar30 Mar 2026

The project awarded to Lohum Cleantech marks the first initiative to manufacture rare earth permanent magnets from rar...

Oil India, CSIR-IMMT Sign MoU for Joint Research in Critical Minerals News
Oil India, CSIR-IMMT Sign MoU for Joint Research in Critical Minerals

autherArunima Pal calendar30 Mar 2026

According to the statement, the agreement is intended to facilitate joint R&D initiatives in areas related to critical...

Setco Automotive to Sell Majority Stake in Subsidiary to RSB Transmissions for Up to ₹510 Crore News
Setco Automotive to Sell Majority Stake in Subsidiary to RSB Transmissions for Up to ₹510 Crore

autherAngitha Suresh calendar30 Mar 2026

The Mumbai-listed auto components maker has agreed to divest its controlling interest in Setco Auto Systems Private Li...

Shriram Pistons Expands into EV and Advanced Auto Components News
Shriram Pistons Expands into EV and Advanced Auto Components

autherArunima Pal calendar30 Mar 2026

The move signals a shift in the company's strategy beyond its traditional business of pistons, rings, and engine parts...

Bacancy Systems Raises INR 400 Million in Series A Round News
Bacancy Systems Raises INR 400 Million in Series A Round

autherAngitha Suresh calendar30 Mar 2026

The Gujarat-based embedded electronics company will use the funds to scale manufacturing, deepen R&D, and expand into ...

Uno Minda Reshuffles Senior Management, Approves Renewable Energy Investment News
Uno Minda Reshuffles Senior Management, Approves Renewable Energy Investment

autherArunima Pal calendar30 Mar 2026

The board approved an investment of up to INR 750.20 lacs, in one or more tranches, in the equity shares of four SPVs ...

Industry Consortium LEAF Launched to Advance EV Charging Ecosystem for Two- and Three-Wheelers News
Industry Consortium LEAF Launched to Advance EV Charging Ecosystem for Two- and Three-Wheelers

autherArunima Pal calendar30 Mar 2026

LEAF was established through a memorandum of understanding between Hero MotoCorp, Ather Energy and IPEC India.

EV Battery Materials Market to Reach USD 154 Billion by 2036: IDTechEx News
EV Battery Materials Market to Reach USD 154 Billion by 2036: IDTechEx

autherArunima Pal calendar30 Mar 2026

The study underscores the growing scale and complexity of the EV battery materials market, driven by evolving chemistr...

Motherson Sumi Wiring Faces Near-Term Margin Heat as Copper Prices Climb News
Motherson Sumi Wiring Faces Near-Term Margin Heat as Copper Prices Climb

autherShahkar Abidi calendar30 Mar 2026

With copper accounting for roughly 10% of total revenue, management expects to recover about 60-70% of these costs wit...