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TVS Singapore: TVS Motor's Singapore arm completes payment for stake in Killwatt GmbH, ET Auto

TVS Singapore: TVS Motor’s subsidiary, TVS Motor (Singapore) Pte Ltd, has concluded the acquisition of an additional 14.28% stake in Killwatt GmbH. This follows the stake increase from the initial 25% to 39.28%, as announced in November 2023.
New Delhi Killwatt Gmb Motor Singapore Pte Ltd To Killwatt Gmb Motor Singapore Pte Ltd Motor Company Exchange Board Of India Listing Obligations

M&M Volkswagen: M&M signs supply agreement with Volkswagen Group for e-mobility push

Indian automaker Mahindra & Mahindra has signed a supply agreement with Germany-based Volkswagen Group for components for its INGLO platform. The deal will equip certain ranges of the electric platform with electric components from Volkswagens MEB and unified cells. The supply deal will span several years and have a lifetime total volume of around 50 GWh.
Anish Shah Anand Mahindra Volkswagen Group Germany Based Volkswagen Group Chairman Anand Mahindra M Ampm Volkswagen

Volkswagen Group and Mahindra sign supply agreement for EVs

Volkswagen and Mahindra signed a supply agreement for Mahindras INGLO platform, covering components of Volkswagens MEB platform and aiming to strengthen their e-mobility footprint in India. The agreement includes the unified cell concept and potential expansion. Škoda Auto Volkswagen India and Ford are also involved in the partnership.
Volkswagen Group Volkswagen Group Technology Auto Volkswagen Mahindra Amp E Mobility Meb Platform

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Adani TotalEnergies: Servotech Power Systems in pact with Adani TotalEnergies for EV chargers supply

Servotech Power Systems has secured an annual rate contract with Adani TotalEnergies E-Mobility for the supply of EV chargers. Under the agreement, Servotech will manufacture, supply, and install AC EV chargers at various airports and other designated locations. The project will be implemented in phases, with the first phase already underway.
Sarika Bhatia Servotech Power Systems Adani Totalenergiese Mobility Power Systems Adani Total Energies Adani Totalenergies

Bharat Forge expects rapid growth in e-mobility and aerospace businesses

Bharat Forge expects significant growth in its electric mobility and aerospace businesses due to rapid electrification in the automobile sector and a strong order book. The companys deputy managing director, Amit Kalyani, stated that these businesses will become multi-million dollar verticals over the next five years. Bharat Forges e-mobility arm, Kalyani Powertrain Limited, recently unveiled a retrofitted electric truck that can be installed in existing diesel or compressed natural gas-powered ...
New Delhi Amit Kalyani Kalyani Powertrain Bharat Forge Kalyani Powertrain Limited Pune Based Tork

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