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ELECTRIC VEHICLE PRODUCTION CAPACITY
India's electric car sales jump 82% in July as high fuel prices boost EV demandElectric vehicle sales nearly doubled in July, showing robust growth momentum. Sharply higher fuel prices are pushing consumers towards mor...
Tata Steel UK expects electricity access for EAF project by 2029: CEO NarendranTata Steel UK's new electric arc furnace project is on track for completion by 2028. The company anticipates securing electricity access fo...
India PV sales hit record high in July, up 34% on strong demand and GST cutsAs per industry estimates, around 469,000 passenger cars, utility vehicles and vans were dispatched from factories to dealerships last mont...
Aluminium signals recovery after correction; supply risks and energy concerns may drive the next leg higherThe recent rebound has been supported by tightening global inventories, concerns over energy availability in key producing regions, geopoli...
Auto components player Kay Jay Forgings, power infra EPC Polite Powertech get Sebi nod for IPOsKay Jay Forgings and Polite Powertech have secured Sebi approval to launch their IPOs. Kay Jay plans to raise Rs 300 crore through a fresh ...
Small aluminium manufacturers hit by high cost of raw material due to import parity pricing: ReportDomestic aluminium MSMEs face higher raw material costs due to import parity pricing. A report highlights this pricing mechanism squeezes t...
Avaada Group secures $1.3 billion financial closure for 2,150 MW projectsAvaada Group achieved financial closure for its renewable energy portfolio worth USD 1.3 billion for projects in Gujarat and Maharashtra. T...
Avaada gets ₹12,800-cr loan to fund projects in Gujarat and MaharashtraAvaada Group secured ₹12,800 crore financing from three major lenders. This funding will support 2.15 GW of renewable energy projects in Gu...
The next China shock could be bigger than solar, batteries and EVsChina is emerging as a global leader in humanoid robot manufacturing. The nation's scale and cost reduction strategies are alarming interna...
Maruti starts commercial production at Hansalpur facility; capacity goes up to 1 million units per annumMaruti Suzuki has started commercial production at its fourth plant in Gujarat. This new facility will produce the battery electric vehicle...
Maruti Suzuki commences production at 4th plant at Gujarat facility with 250,000 units annual capacityMaruti Suzuki began production at its fourth Hansalpur plant, boosting capacity to one million units. This expansion makes Hansalpur India'...
Mideast war supercharges electric car sales: IEASoaring fuel prices due to the Mideast war have supercharged sales of electric cars in the second quarter, the International Energy Agency ...
L&T bets Rs 5,000 crore on a new electronics business, targets $4.85 bn marketLarsen & Toubro is investing Rs 5,000 crore over five years in a new electronic products business. This new venture aims to expand manufact...
Delhi's electric dream meets a charging realityDelhi aims to make most new vehicles electric by 2027. The policy offers subsidies and registration fee waivers for electric vehicle buyers...
Spain identified a rare-earth deposit that could supply one-third of Europe's needs: could this massive discovery reduce foreign reliance, or will environmental battles kill it?Europe might sit on its own green energy goldmine. Deep in central Spain, a major rare-earth deposit was discovered. It holds enough critic...
India’s industrial output quickens to 7.3% in June from 5.1% in May as manufacturing, electricity growth acceleratesIndia's industrial output marked a notable 7.3 percent growth in June 2026, fueled by a strong surge in manufacturing and an uptick in elec...
India-made EVs race ahead globally amid fuel price shockExports rose to 15,641 units in the three months ended June, from 1,122 units a year earlier, showed industry data. This accounted for more...
Poojaa Precision Engg SME IPO to open tomorrow; sets price band at Rs 285–301Pune-based Poojaa Precision Engg. has launched its Rs 159.83 crore SME IPO, with the issue opening for subscription on July 28. The company...
Maruti Suzuki puts SUV focus on the fast track for growthMaruti Suzuki aims to become India's largest SUV maker. The company is expanding its utility vehicle portfolio and brand positioning. Facto...
India's battery chemicals ecosystem set for rapid expansion as ACC demand surges: NuvamaIndia is shifting towards a domestic battery chemicals ecosystem, with advanced chemistry cell demand projected to grow significantly in co...