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Uno Minda To Invest INR 5.5 Billion For 2nd Four-Wheeler EV Powertrain Plant In Maharashtra
May 16, 2026
The plant will manufacture and assemble Electric Drive Units (EDU) and Dedicated Hybrid Transmission (DHT) systems. The expansion is supported by orders for these systems from an anchor customer. The project involves an estimated investment of INR 5.5 bil
MT Bureau
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BYD Looks To Acquire European Plants From Stellantis & Others
May 16, 2026
Interestingly, the report further mentioned that BYD may also be open to acquiring European luxury brands such as Stellantis’ Maserati, which she found ‘very interesting’.
MT Bureau
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Valeo to Manufacture Localised ADAS System In Gujarat For Indian CV OEM
May 15, 2026
The VSS360 is a ‘one-box’ ADAS solution that integrates radar fusion directly into a smart front camera. This design allows vehicle manufacturers to remove individual Electronic Control Units (ECUs), reducing costs and simplifying integration into exi
MT Bureau
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Hyundai Motor Group Expands Academic Consortium For Electrification Research in India
May 15, 2026
This initiative adds IIT Kanpur, IIT Hyderabad, VNIT Nagpur and Tezpur University to the existing partnership established in 2025 with IIT Madras, IIT Delhi and IIT Bombay.
MT Bureau
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VinFast Expands Global Aftersales Network With 29 New Partnerships
May 15, 2026
The expansion strategy includes specific support policies such as repair time commitments in Vietnam and the provision of replacement vehicles in international markets. VinFast also provides ongoing technical support, battery inspections and software upda
MT Bureau
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Hindustan Zinc And V-Spark DeepTech Ventures Target INR 20 Billion Value Delivery Via Industrial AI
May 15, 2026
V-Spark intends to extend these AI use cases to the broader manufacturing sector, which currently contributes 17 percent to India’s GDP but maintains lower levels of digital integration compared to other sectors.
MT Bureau
