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Power Electronics, a manufacturer of solar inverters for photovoltaic plants, has generated revenue of $1.2 billion and EBITDA of $228 million

Find the latest automobile Auto Insight, News & Articles from all top sources for the Indian Auto industry on ET Auto.

India News: Jaishankar praises PM Modi for India's economic growth and predicts it will become the third largest economy. He emphasizes the success of government

External Affairs Minister S Jaishankar praised Prime Minister Narendra Modis leadership, highlighting Indias economic growth and global standing under his tenure. He emphasized the foundation laid by Modis government over the past decade, positioning India as a major global player.

India is number one in digital consumption, and data consumption tariff in India is the cheapest. It is also a result of good governance and digital governance, says the External Affairs Minister

When Modi became the Prime Minister in 2014, India was the 11th largest economy in the world and has now become the fifth, he said inaugurating a school of Karnataka Lingayat Education Society at Taluka headquarters town of Chikkodi in this district.

Greaves Electric Mobility is gearing up for a significant product launch in 2024. The company plans to introduce a new two-wheeler with enhanced features and advanced connected technology, reinforcing its commitment to making electric mobility accessible to the masses. The company aims to roll out this ambitious addition to its portfolio in the coming quarter.

TVS Motor Company: TVS Motor (Singapore) Pte Ltd has agreed to acquire a further 8,000 equity shares in Killwatt GmbH following which its shareholding will increase from 39.28 per cent to 49 per cent by way of newly issued shares of the latter, TVS Motor Co said in a regulatory filing.

This partnership will allow ride-hailing, last-mile delivery, and connectivity companies that utilize Quantums electric fleet vehicles to eliminate concerns over range anxiety and long charging downtimes. Battery Smart’s battery-as-a-service model will also reduce the cost of replacing batteries at the end of their life, thus lowering the total cost of owning a Quantum Electric scooter.

THE Department of Trade and Industry (DTI) is keen on collaborating with the United Nations Industrial Development Organization (Unido) to accelerate investments in the countrys electric vehicle industry.