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Nexon Geochem to Invest ₹1,250 Crore in Andhra Rare-Earth Magnet Plant

Nexon Geochem to Invest ₹1,250 Crore in Andhra Rare-Earth Magnet Plant

autherAutocar Professional Bureau     calendar14 Oct 2026

The proposed facility will have an annual capacity of 600 tonnes of permanent magnets used in electric vehicles, renewable energy and defence applications, with the first phase targeted for April 2029. 

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STMicroelectronics Introduces 1.1 MP Image Sensor for Infrared in-cabin Sensing News
STMicroelectronics Introduces 1.1 MP Image Sensor for Infrared in-cabin Sensing

autherShruti Shiraguppi calendar14 Oct 2026

The VD56GA sensor is designed to help automakers and suppliers deploy driver and occupant monitoring across more vehic...

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Shivam Autotech Files Rs 120 Crore Rights Issue to Clean Balance Sheet, Fix Working Capital News
Shivam Autotech Files Rs 120 Crore Rights Issue to Clean Balance Sheet, Fix Working Capital

By Shahkar Abidi calendar14 Oct 2026

Tier-1 component maker seeks to restore positive net worth as cumulative losses weigh on plant throughput.

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N.A.N. Silox GreenMet Names Vijay Pasupathy as CEO News
N.A.N. Silox GreenMet Names Vijay Pasupathy as CEO

autherDev Vadchhedia calendar14 Oct 2026

N.A.N. Silox GreenMet also breaks ground on Rs 1,400 Crore Andhra Pradesh battery recycling facility.

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Hero Motors Posts Rs 23.4 Crore Profit in Q1FY27, Raises Stake in UK Subsidiary News
Hero Motors Posts Rs 23.4 Crore Profit in Q1FY27, Raises Stake in UK Subsidiary

autherDev Vadchhedia calendar14 Oct 2026

The auto component maker reports total expenses of Rs 250.8 crore and acquires additional 39 percent stake in UK subsi...

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Michelin Opens Two New Tyre Stores in Delhi News
Michelin Opens Two New Tyre Stores in Delhi

autherEshisha Java calendar14 Oct 2026

The new Michelin Tyres & Services outlets in Dwarka and Karol Bagh will retail the company's passenger car tyre range,...

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Six Sense Mobility Targets ₹500 Crore Revenue in Three Years, Plans Capacity Expansion News
Six Sense Mobility Targets ₹500 Crore Revenue in Three Years, Plans Capacity Expansion

autherMukul Yudhveer Singh calendar13 Oct 2026

The automotive electronics supplier is scaling manufacturing capacity to execute its ₹160 crore order book, deepen OEM...

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Bonfiglioli Plans New Plant in Talegaon to Expand Heavy-Duty Gearbox Business News
Bonfiglioli Plans New Plant in Talegaon to Expand Heavy-Duty Gearbox Business

autherDarshan Nakhwa calendar12 Oct 2026

The company plans to broaden its industrial product portfolio and strengthen its presence in a market projected to rea...

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Swaraj Engines Posts Record Quarterly Profit in Q2 FY27 News
Swaraj Engines Posts Record Quarterly Profit in Q2 FY27

autherAngitha Suresh calendar12 Oct 2026

The engine manufacturer reported its highest-ever quarterly profit after tax of ₹60.57 crore for the quarter ended Sep...

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ASK Automotive Appoints Krishan Swaroop Malik to Head ALPS Division News
ASK Automotive Appoints Krishan Swaroop Malik to Head ALPS Division

autherAngitha Suresh calendar12 Oct 2026

The automotive components manufacturer has brought in a mechanical engineer with three decades of industry experience ...

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POLL OF THE MONTH

What will be the primary battery technology powering mainstream EVs five years from now?

What will be the primary battery technology powering mainstream EVs five years from now?

Lithium-ion

 

46.52%

Sodium-ion

 

15.83%

Solid-state

 

20.14%

None of the Above

 

2.64%

Not Invented Yet

 

14.87%

Total Votes : 417