AUTO Tunwal E-Motors Board Approves ₹10.20 Cr Preferential Warrant Issue

Tunwal E-Motors Ltd has approved a proposal to issue up to 34 lakh convertible warrants on a preferential basis to identified members of its promoter and promoter group for an aggregate consideration of up to ₹10.20 crore. The proposal was approved by the company’s board of directors at its meeting held on September 4, 2026, […]

CW Bureau · Sep 15, 2026

AUTO Thermo King Brings 4 All-Electric EV Models To Asia Pacific

Thermo King, a strategic brand of global climate innovator Trane Technologies, has introduced four new models in its all-electric EV series for the Asia-Pacific region — EV500S, EV500e, EV300e and EV200e. The new range features an integrated electric drive solution designed to improve operating efficiency across urban cold-chain applications. The launch comes amid growing demand […]

CW Bureau · Sep 10, 2026

GENERAL Hero Motors Fixes IPO Price Band At ₹79-84, Issue Opens On Sep 16

Hero Motors Ltd has fixed the price band for its maiden initial public offering (IPO) at ₹79-84 per equity share of face value ₹10. The issue will open for subscription on September 16 and close on September 18. Investors can bid for a minimum of 178 equity shares and in multiples of 178 shares thereafter. […]

CW Bureau · Sep 10, 2026

AUTO Ultraviolette To Build 5 Lakh-Unit EV Factory In Hosur In Tamil Nadu

Ultraviolette is expanding its manufacturing footprint in Tamil Nadu with plans to establish a new state-of-the-art electric vehicle manufacturing facility in Hosur, targeting an eventual production capacity of 500,000 vehicles a year. The Bengaluru-based electric mobility company said the BIGGA (Big Global Ambition) Factory will initially ramp up to an annual capacity of 250,000 vehicles […]

CW Bureau · Sep 10, 2026

AUTO TVS Sensing Solutions Acquires 51% Stake In Pune’s Weber Drivetrain

TVS Sensing Solutions Pvt Ltd (TVSSPL), a step-down wholly owned subsidiary of TVS Srichakra Ltd, has acquired a 51% stake in Pune-based electric vehicle technology company Weber Drivetrain Pvt Ltd for ₹10 lakh. The acquisition was completed on August 31 following the signing of a Share Purchase Agreement with G-Power Energy & Technology Pvt Ltd […]

CW Bureau · Sep 3, 2026

AUTO Olectra To Launch New Electric Bus Platform In Q3, Electric Truck In Q4

Olectra Greentech is set to expand its commercial electric vehicle portfolio with the launch of a new electric bus platform during the third quarter of FY27, followed by an indigenous electric truck platform in the fourth quarter. The new electric bus platform is being developed to meet evolving PM E-Drive requirements, while development of the […]

CW Bureau · Sep 1, 2026

MANUFACTURING UCAL Targets Tech-Led Growth As Mobility Landscape Evolves

UCAL Ltd is focusing on product diversification, advanced manufacturing, electronics and technology-led engineering solutions to strengthen its position across the global automotive, industrial and manufacturing sectors. The company is leveraging its four decades of engineering expertise, manufacturing capabilities and customer relationships to expand into a technology-driven engineering solutions business. New products drive growth “The future […]

CW Bureau · Aug 31, 2026

AUTO Ather Energy Unveils Konarc Electric Scooter With Up To 200 Km Range

Leading electric two-wheeler manufacturer Ather Energy has introduced Konarc at the fourth edition of Ather Community Day 2026 in Bengaluru, expanding its product portfolio as it seeks to make electric mobility more accessible to Indian riders. Built on Ather’s new EL platform, Konarc brings the company’s engineering and technology to a wider customer base, with […]

CW Bureau · Aug 29, 2026

AUTO Ola Electric Secures ₹96 Cr Production Linked Incentive For FY27

Leading electric vehicle manufacturer Ola Electric has received a sanction order from the Ministry of Heavy Industries for the release of ₹95.81 crore in incentives under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme). The sanction pertains to the demand incentive under the PLI-Auto Scheme for FY27 and authorises the payment […]

CW Bureau · Aug 29, 2026

AUTO VinFast Targets Up To 3,500 Jobs At TN Plant As EV Talent Race Intensifies

Vietnamese electric vehicle maker VinFast is targeting the creation of 3,000 to 3,500 direct jobs at its Tamil Nadu plant, with 80% of the workforce expected to comprise local fresh graduates and trainees, as the company builds a talent pipeline alongside its manufacturing footprint in India. The company’s first recruitment drive in Tamil Nadu has […]

CW Bureau · Aug 27, 2026

STARTUP/TECHNOLOGY Hero MotoCorp To Invest ₹1,000 Cr In Ather Energy Via Preferential Issue

Hero MotoCorp Ltd has decided to invest ₹1,000 crore in Ather Energy Ltd, an associate company, through subscription to a preferential issue, strengthening its exposure to India’s growing electric two-wheeler market. Ather Energy has allotted 76,19,047 convertible warrants to Hero MotoCorp on a preferential basis at an issue price of ₹1,260 per warrant, involving an […]

CW Bureau · Aug 26, 2026

AUTO BYD Drives SEALION 7 Range With New Dynamic Variant At ₹41.90 Lakh

BYD India, a subsidiary of BYD, the global No. 1 new energy vehicle (NEV) manufacturer, has launched the BYD SEALION 7 Dynamic, expanding its flagship electric SUV portfolio with a new entry-level variant priced at ₹41.90 lakh (ex-showroom). Powered by a 71.8 kWh Blade Battery, the SEALION 7 Dynamic offers a claimed range of 520 […]

CW Bureau · Aug 20, 2026