JSW Motors obtains Rs 8,000 crore for the growth of EVs
JSW Motors has been able to procure around Rs 8,000 crores worth of finance through State Bank of India (SBI) in order to undertake its electric vehicle (EV) manufacturing projects. This long-term finance will be for more than 10 years, and it will essentially finance the setting up of a…
Mercedes Benz introduces the GLE and GLS night editions.
Mercedes-Benz India has added two limited-series models to its SUV lineup, known as the GLE and GLS Night Editions, as part of their exclusive and personalized luxury vehicle lineup. These special edition models belong to the limited run series and are meant to be produced in limited numbers for sale…
Royal Enfield Gives the New Andhra Pradesh Plant ₹2,500 Cr.
Royal Enfield is undertaking an investment of ₹2,500 crore into building a manufacturing plant in the Tada region of Andhra Pradesh. Such phased investments will help the company increase its manufacturing capacity while spreading out its manufacturing operations across multiple locations other than those in Tamil Nadu. This move comes…
Siemens drives the expansion of H2 Core’s hydrogen system.
Siemens has reported that H2 Core Systems is utilizing the Siemens Xcelerator software and automation suite in its efforts to design and produce modular hydrogen-based energy systems. The partnership is assisting H2 Core Systems to speed up the process of product development while shortening the time taken for manufacturing along…
