Chinese car giant Geely targets 75 pct “new energy vehicle” share by 2030
Chinese automotive giant Geely Group, the parent company of brand names such as Volvo, Polestar, and Zeekr, will aim to exceed annual sales of 6.5 million by 2030 with a share of plug in and fuel cell vehicles accounting for…
India to Leverage EV Scale Into Influence and Strategic Depth: Kumaraswamy
India wants to turn its rapidly expanding electric vehicle market into a source of global influence and strategic industrial depth, H D Kumaraswamy, Minister of Heavy Industries, said while speaking at the 5th Global Electric Mobility Summit organised by the…
ACMA welcomes the India–US Trade Interim Agreement Framework
The Automotive Component Manufacturers Association of India (ACMA) welcomes the announcement of the Interim Trade Agreement framework between India and the United States, reflecting a shared commitment to strengthening bilateral trade, manufacturing cooperation, and resilient supply chains between the two…
ACMA Automechanika New Delhi 2026 opens, spotlighting India’s global aftermarket ambitions
The 6th edition of ACMA Automechanika New Delhi 2026 opened its doors today at Yashobhoomi, Dwarka, New Delhi, reaffirming its position as India’s definitive platform for the automotive aftermarket and a key convergence point for global auto component stakeholders. The three-day…
Odysse Electric Strengthens Leadership; Appoints Industry Veteran Sudhir Goel as Co-founder
Odysse Electric Vehicles Pvt. Ltd., one of India’s fastest-growing premium electric two-wheeler manufacturers, today announced a significant evolution in its leadership structure with the appointment of Sudhir Goel as Co-founder. This strategic move underscores the company’s transition into a more…
Euler Motors and Jio-bp partner to accelerate EV charging infrastructure for commercial electric vehicles in India
Euler Motors, a leader in the electric commercial vehicle space and Jio-bp (the operating brand of Reliance BP Mobility Limited, a joint venture of Reliance Industries and bp), a leading provider of EV charging services and solutions, signed an Memorandum…
ACMA Welcomes the Union Budget 2026–27
The Automotive Component Manufacturers Association of India (ACMA) welcomes the Union Budget 2026–27 presented by the Hon’ble Finance Minister, Smt. Nirmala Sitharaman, and commends the Government for a pragmatic and forward-looking budget that reinforces India’s manufacturing priorities, export competitiveness and…
Kunal Arya, Co-founder & MD at Zelio E Mobility
“India’s electric two-wheeler segment has gained strong momentum, and the Union Budget 2026–27 takes a step toward scaling it into a full industrial ecosystem. Focusing on rare earth magnets and dedicated corridors in mineral-rich states is crucial to secure the…
Madhumita Agrawal, Founder & CEO, Oben Electric
“The Union Budget’s focus on expanding the Rare Earth Permanent Magnet Scheme and building dedicated rare earth corridors is a positive step towards reducing import dependence for critical materials used in EV manufacturing. Rare earth magnets, which are key components…
Mr. Jalaj Gupta, Managing Director, Montra Electric
Quote from Mr. Jalaj Gupta, Managing Director, Montra Electric, in response to the Union Budget 2026 announcements on clean mobility, advanced manufacturing, and EV supply chain development. “This year’s Union Budget lays a strong foundation for India’s clean mobility and…
