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Abhijeet Dies & Tools and INEVO Form Joint Venture For Automotive Tooling
September 29, 2026
The agreement combines Abhijeet’s four decades of tooling and plastics manufacturing operations with INEVO’s European high-precision injection mould technologies. The new entity intends to localise manufacturing technologies in India across the value
MT Bureau
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China’s NIO And Geely Join Forces For EV Charging And Battery Swapping Tech
September 29, 2026
As per the agreement, Geely Holding Group will acquire a 30 percent equity stake in NIO Power. The transaction involves Geely transferring a 100 percent equity interest in its battery-swapping subsidiary, Yiyi Power, to NIO Power, alongside a cash investm
MT Bureau
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COEP Technological University, JSW Projects Partner To Build Indigenous Battery R&D Platform
September 28, 2026
The initiative represents a combined investment of over INR 8 billion to construct an indigenous battery prototyping and pilot-scale research facility on an academic campus in India.
MT Bureau
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BMW Group’s 6th Gen Battery Tech Bags Award At World New Energy Vehicle Congress In China
September 28, 2026
The Gen6 battery system serves as a component of the company's upcoming ‘Neue Klasse’ vehicle platform, which will be integrated across its electric vehicle lineup.
MT Bureau
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Toyoda Gosei To Invest INR 5.7 Billion For New Factory In Maharashtra
September 25, 2026
It will commence operations in the first half of 2029 to supply Japanese car manufacturers operating in the country, including Toyota Kirloskar Motor, which is constructing a vehicle plant in the same industrial zone.
MT Bureau
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Kinetic Engineering Plots INR 570 Million Investment For Expansion
September 24, 2026
The company shared that it intends to deploy INR 170 million toward CAPEX, while INR 400 million will be directed toward electric vehicle manufacturing and distribution.
MT Bureau
