PMI Electro Mobility mulls investing Rs 300 crore to operationalise electric commercial vehicle manufacturing facility in PuneConstruction work on the unit – which will have capability to build electric buses as well as other environment-friendly commercial vehicle...
PEMSPL says working to develop own tech for EVs, may take 5-6 yrs to integrate into products"When we went for technology selection, we had two options -- either go for the European technology or the Chinese technology. Chinese, as ...
Chinese auto companies to employ mostly locals at Indian unitsAutomakers with a Chinese pedigree are playing it safe with their India strategy. These companies are filling up positions from factory flo...
Foreign marques lend steam to ailing auto IncThe likes of Great Wall, Kia and MG Motor, which have taken up almost a third of the show arena at the Auto Expo which begins this week, ar...
PMI Electro and BYD-Olectra bag most e-bus ordersHaryana-based PMI Electro Mobility Solutions, which has a technical tie-up with Chinese commercial vehicle maker Beiqi Foton Motors, has ba...
Chinese investments breathe life into MotownAt least half-a-dozen Chinese vehicle makers are expected to pump in about $5 billion into India.
China’s Great Wall may drive Rs. 7,000 cr investment into IndiaChina’s largest SUV maker, Great Wall Motors, has registered an Indian subsidiary with plans of investment.
Foton PMI to invest Rs 500 crore to set up electric bus manufacturing unit in PunePEMSPL, which holds 70 per cent in its joint venture with Beiqi Foton with the rest by the Chinese partner, also said it has entered into a...
Indian auto leaders rank among world’s most priceyIndia is the world’s fourth largest automobile market, but sales have been falling since last year.
Indian auto leaders rank among world’s most priceyMedian price-earnings of Maruti, TVS, Tata Motors, Bajaj and Hero is double the global average; Maruti is the fourth most expensive.
Chinese carmakers Beiqi Foton, Changan's India plans hit a speedbreakerTwo Chinese government-backed automotive companies — Changan Automotive and Beiqi Foton — have hit a roadblock with their India entry strat...
Government soon to take a view on putting China in 'concern' listThe Indian security establishment feels that China has shown insensitivity as far as core security issues relating to India are concerned.
Make in India: China evinces interest in India's manufacturing campaignLooking at India as an attractive investment destination for its companies, China has evinced strong interest in the ongoing
India plans not making much headway, top executives quit Beiqi Foton MotorThe $400-million investment that Foton promised in 2011 is still the largest foreign direct investment proposal by a Chinese company in Ind...
ETAutoTv: Foreign auto firms step on the gasWith the Indian auto sector finally seeing a revival, foreign commercial vehicle makers are making a beeline for the country. Chinese truck...
Ready to firm up ties with India in trade, investments: ChinaChina today said it ready to make joint effort with India to firm up cooperation in trade, investment and infrastructure.
Chinese truck maker BeiBen eyes Indian market; to introduce it's vast array of vehicles soonGovernment’s renewed focus on infrastructure and promise to undertake fresh measures to revive the economy have rekindled optimism in the s...