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News

BusinessLine
thehindubusinessline.com > companies > ashok-leyland-to-invest-1000-crore-in-fy27-to-scale-ev-battery-and-alternate-fuels > article71297575.ece

Ashok Leyland to invest ₹1,000 crore in FY27 to scale EV, battery and alternate-fuels

1+ hour, 45+ min ago   (336+ words) Ashok Leyland plans to invest ₹800-1,000 crore in FY27 in battery manufacturing, electric mobility and alternate-fuel technologies, broadly maintaining its last year’s Rs 1,050 crore investment pace while shifting focus from asset creation to commercial deployment. “We are expanding our footprint across the…...

BusinessLine
thehindubusinessline.com > info-tech > warehouse-automation-to-humanoids-addverb-bets-on-india-ceo-says-physical-ai-race-has-begun > article71297560.ece

Warehouse automation to humanoids: Addverb bets on India, CEO says physical AI race has begun

3+ hour, 27+ min ago   (717+ words) Homegrown robotics and automation company Addverb's CEO Sangeet Kumar believes humans and robots will increasingly coexist, with people remaining firmly in control even as physical AI reshapes industries over the next two decades. Kumar, who is also the company's co-founder,…...

BusinessLine
thehindubusinessline.com > companies > tvs-tops-july-e-2w-retail-registrations-as-ev-sales-jump-766-penetration-nears-11 > article71290799.ece

TVS tops July e-2W retail registrations as EV sales jump 76.6%; penetration nears 11%

2+ day, 1+ hour ago   (507+ words) TVS Motor topped India’s electric two-wheeler retail registrations in July with 52,035 VAHAN registrations as the industry recorded another month of robust growth, with overall electric two-wheeler registrations rising 76.6 per cent year-on-year to 1,91,614 units. The sharp expansion lifted EV penetration to…...

BusinessLine
thehindubusinessline.com > news > cabinet-approves-scheme-for-floating-solar-photovoltaic-projects-with-energy-storage > article71290275.ece

Cabinet approves scheme for floating solar photovoltaic projects with energy storage

2+ day, 1+ hour ago   (245+ words) The projects will be sanctioned during FY2026-27 to FY2030-31, with disbursement of financial support continuing up to FY2032-33, the Ministry of New & Renewable Energy (MNRE) said. The approval follows the recent assessment undertaken by the National Institute of Solar Energy (NISE), which has…...

BusinessLine
thehindubusinessline.com > companies > mahindra-to-double-suv-capacity-by-fy31-as-robust-ev-demand-fuels-expansion-despite-cost-headwinds > article71285946.ece

Mahindra to double SUV capacity by FY31 as robust EV demand fuels expansion despite cost headwinds

2+ day, 4+ hour ago   (306+ words) Anish Shah, MD & Group CEO, Mahindra & Mahindra, and Rajesh Jejurikar, Executive Director, Auto and Farm Sector Mahindra & Mahindra plans to almost double SUV production capacity from around 72,000 vehicles a month currently to about 1.32 lakh units a month by FY31, as India’s…...

BusinessLine
thehindubusinessline.com > companies > avaada-group-secures-13-billion-financial-closure-for-2150-mw-projects > article71289153.ece

Avaada Group secures $1.3 billion financial closure for 2,150 MW projects

2+ day, 9+ hour ago   (189+ words) Avaada Group on Friday announced the financial closure of $1.3 billion for its 2,150 MW renewable energy portfolio in Gujarat and Maharashtra. The financing has been sanctioned by Indian financial institutions, including State Bank of India (SBI), REC Ltd and Canara Bank,…...

BusinessLine
thehindubusinessline.com > brandhub > pr-release > dfsk-launches-right-hand-drive-e5-plus-in-indonesia-marking-a-new-milestone-in-global-expansion > article71288976.ece

DFSK Launches Right-Hand Drive E5 PLUS in Indonesia, Marking a New Milestone in Global Expansion

2+ day, 11+ hour ago   (444+ words) Backed by more than two decades of international market experience and its established local manufacturing operations in Indonesia, DFSK is entering a new phase of global expansion for its right-hand drive product lineup. Designed for Modern Family Mobility Developed with…...

BusinessLine
thehindubusinessline.com > companies > honda-cars-appoints-toshiyuki-yanagisawa-as-new-president-ceo-effective-october-1 > article71285932.ece

Honda Cars appoints Toshiyuki Yanagisawa as new President & CEO, effective October 1

3+ day, 2+ hour ago   (193+ words) Toshiyuki Yanagisawa, the new President and CEO of Honda Cars India, effective October 1 Honda Cars India (HCIL), on Thursday, said it has appointed Toshiyuki Yanagisawa as the new President and CEO, effective October 1, replacing Takashi Nakajima who is moving to…...

BusinessLine
thehindubusinessline.com > economy > logistics > pm-e-drive-boosts-ev-adoption-but-buses-batteries-and-charging-rollout-trail-targets > article71283167.ece

PM E-DRIVE boosts EV adoption, but buses, batteries and charging rollout trail targets

3+ day, 7+ hour ago   (502+ words) India’s flagship PM E-DRIVE scheme has significantly accelerated electric vehicle adoption, supporting more than 23 lakh electric two- and three-wheelers and helping EV penetration rise from 0.7 per cent in FY20 to 8.2 per cent in FY26. PM E-DRIVE boosts EV adoption, but buses, batteries…...