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Automakers Welcome Delhi EV Policy, Back Pure-EV Focus and Scrappage Incentives

autherDarshan Nakhwa     calendar29 Jun 2026

Tata Motors, JSW MG Motor India, TVS Motor, Oben Electric and Ultraviolette say the policy could accelerate EV adoption, improve air quality and serve as a model for other states.

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Lumax Auto Technologies Consolidates Ownership in Joint Venture Subsidiary Lumax FAE Technologies

autherDev Vadchhedia calendar29 Jun 2026

The automotive component manufacturer acquires the remaining 15.97 percent equity stake while retaining technical supp...

ZF Steering Gear India Signs Preliminary Agreement With Chinese Firm for Electric Hydraulic Steering Systems

autherDev Vadchhedia calendar29 Jun 2026

The regulatory filing outlines a framework to develop Electric Hydraulic Power Assisted Steering assemblies in India i...

Delhi EV Policy Brings EV Incentives Of Up To ₹1 Lakh

autherAutocar Professional Bureau calendar29 Jun 2026

The new policy combines purchase and scrappage-linked incentives across vehicle segments with a planned ₹15,000 crore ...

Delhi To Invest ₹15,000 Cr Under EV Policy As Cabinet Approves Framework

autherMukul Yudhveer Singh calendar29 Jun 2026

₹15,000 crore over the next four years will be used to accelerate electric mobility through charging infrastructure, p...

Tata Motors Targets $35–40 Billion Revenue with Iveco Acquisition, Sees 40–60% Growth: N Chandrasekaran

By Ketan Thakkar and Shahkar Abidi calendar29 Jun 2026

A back-of-the-envelope calculation suggests Tata Motors-Iveco could spend $700 million to $1.6 billion annually on cap...

Craftsman Automation Starts Commercial Operations at New Ludhiana Plant

autherSarthak Mahajan calendar29 Jun 2026

Craftsman Automation Limited has begun commercial production at its new manufacturing facility in Ludhiana, Punjab, ef...

Lamborghini Delivers First Temerario in South India

autherSarthak Mahajan calendar29 Jun 2026

Lamborghini has delivered its first Temerario unit in South India, days after the model's debut in the country, as the...

Tata Motors, Castrol India Sign MoU to Recycle Used Engine Oil

autherSarthak Mahajan calendar29 Jun 2026

Companies sign MoU to set up a traceable collection and channelisation system for used engine oil from Tata Motors' se...

Tata Motors Commercial Vehicles Declares Dividend on Strong FY26 Results

autherAutocar Professional Bureau calendar29 Jun 2026

Tata Motors Commercial Vehicles posted record FY2026 sales, revenue and margins in its debut year as an independent co...