The foundation of developed India will be laid on the basis of self-reliance for which having chips made in India is very important, Prime Minister Narendra Modi said on Saturday. In a virtual address to lay the foundation stone of India Chip Pvt Ltd -- the HCL Group and Foxconn JV -- Modi said a weak supply chain of tiny chips during the Covid-19 pandemic halted development of several economies and stopped work at various factories. "Developed India will be built only when India is self-reliant. For this, Made in India chip is very important. Whatever India is doing in the field of technology in this decade, it will become foundation of our capability in the 21st century," Modi said. The India Chip Pvt Ltd -- the HCL Group and Foxconn joint venture for Outsourced Semiconductor Assembly & Test (OSAT) facility -- will come up in the Yamuna Expressway Industrial Development Authority (YEIDA) at Jewar, Greater Noida. India Chip Pvt Ltd is a 60:40 joint venture between HCL Group and ..
Tata Motors aims to drive EV uptake in the sub-Rs 12 lakh segment by extending battery-as-a-service beyond Punch.ev, targeting buyers who need lower upfront prices and usable range
Valeo will invest ₹2,150 crore in India as part of its Elevate 2028 strategy, expanding EV and ADAS manufacturing, localisation, and engineering capacity to triple domestic sales
Maruti Suzuki debuts the e-Vitara with aggressive pricing, a BaaS model, buyback assurance and a charging-service network, while cautioning of production constraints until July
The car has been developed under parent Suzuki Motor's global design and manufacturing partnership with Toyota and is built in India
The new models include a plug-in hybrid, an electric vehicle, the Majestor SUV and one additional model yet to be disclosed
Hinduja Group flagship may consider exporting electric buses from India to EU and UK markets, while expanding capacity in West Asia
Auto industry executives say lack of charging infrastructure, reliability issues and low consumer confidence continue to slow electric vehicle adoption in India despite rising demand
Electric commercial vehicle manufacturer Euler Motors on Monday said it has tied up with Jio-bp to collaborate on expanding EV charging infrastructure across high-demand logistics hubs in India. The strategic partnership aims to support the growth of electric commercial vehicles by improving charging accessibility for fleet operators and users nationwide. As part of the collaboration, the partners will identify business hubs for commercial EV deployment. "India's transition towards sustainable mobility requires strong collaboration between vehicle innovation and energy infrastructure. Our partnership with Euler Motors represents a shared commitment to accelerating the electrification of commercial logistics, a segment that will play a decisive role in reducing urban emissions and improving freight efficiency," Jio-bp Chairman Sarthak Behuria said in a statement. Ashish Tandon, Global Head of Customer Excellence, Euler Motors, added that the MoU brings together two committed partner
Stellantis is particularly exposed because it leans heavily on high-margin Jeep and Ram pickup truck sales in the US, where demand for EVs is especially subdued
The transcript of the call was included in a lawsuit that alleges that a driver or passenger died after they were unable to open the electrically powered doors on their Tesla vehicle after a crash
Improving magnet availability and cost economics support demand, even as competitive intensity accelerates consolidation
India Yamaha Motor has announced the price of its first electric scooter, EC-06, at Rs 1.67 lakh, to be sold in select cities through premium Blue Square showrooms
China has banned hidden car door handles after safety incidents where people were trapped inside vehicles; from 2027, all cars must have mechanical door releases inside and outside
The electric two-wheeler maker reported record quarterly deliveries and higher revenue in Q3 FY26, helping narrow losses as operating leverage, margins and market share strengthened across regions
The Bhavish Aggarwal-led EV maker is pursuing a turnaround strategy focused on improving service delivery and increasing automation across front-end operations
Ola Electric said it would lay off around 5 per cent of its workforce as part of a restructuring aimed at boosting profitability through greater automation
Tesla's move from carmaking to AI and robotics is influencing Chinese EV firms; companies like Xpeng and Nio are expanding into robots, chips and flying cars to stay competitive
Think tank flags tax disadvantage for formal facilities, urges parity with informal sector
Industry executives say incentives continue to play a role in easing upfront cost concerns for price-sensitive buyers