Japanese‑Italian parts maker Marelli entered Chapter 11 with $4.9 billion (≈Rs 32,800 crore) debt, yet its 50:50 lighting JV with Samvardhana Motherson reported revenue of ₹2,543 crore, showing limited immediate impact on Indian operations for its suppliers.
Read more →World’s largest battery maker CATL said chief scientist Wu Kai disclosed laboratory cells reaching 1,200 Wh/kg, over four times typical lithium‑ion output, but noted commercial deployment likely after 2030 as part of its long‑term roadmap.
Read more →Tata Motors disclosed it acquired an additional 6.75% of Iveco Group NV for €263.65 million, bringing its stake to 96.29% and enabling a squeeze‑out under Dutch law, marking its largest overseas acquisition in automotive.
Read more →Samsung Group and Hyundai Motor Group announced plans to co‑develop robotics platforms, energy storage solutions and physical artificial‑intelligence systems, expanding beyond component supply as competition intensifies in next‑generation mobility, executives said after November 9 meeting.
Read more →Ministry of Power notification S.O. 5346(E) sets fuel‑economy targets for passenger vehicles from 2027‑2032, rewarding electric models and ethanol blends while tightening diesel standards, positioning Tata Motors and Maruti Suzuki advantageously and boosting sugar‑mill demand.
Read more →Chinese EV maker XPeng announced plans to serve 20 countries across the Middle East and Africa by 2027, with over 100 sales and service outlets and launching six new models in the GCC year.
Read more →Tata Motors‑owned Jaguar Land Rover confirmed its first Indian electric models, the Range Rover Electric and Range Rover Sport Electric, will arrive as CBUs in 2027, with no immediate local production plans for the luxury segment market ahead.
Read more →FADA data released today indicated electric vehicle sales rose 44.9% year‑on‑year to 3.55 lakh, while overall vehicle retail fell 23.8%, pushing EV penetration to roughly 11.5% and highlighting strong two‑wheeler and commercial growth across segments.
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