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Kinetic Watts & Volts secures ₹42 crore incentive under Maharashtra EV Policy to expand electric two-wheeler production

Performance-linked incentives to scale local production Kinetic Watts & Volts (KWV), the electric vehicle subsidiary of Kinetic Engineering Ltd., has secured a ₹42 crore performance-linked incentive under the Maharashtra EV Policy 2023-2028. The incentive is […]
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Indian Government Disburses ₹1,350 Crore Under PLI Auto Scheme to Boost Domestic Automotive and EV Manufacturing

PLI Scheme Incentives Release Accelerates Auto Sector Growth The Government of India has disbursed ₹1,350.83 crore under the Production Linked Incentive (PLI) Scheme for the automobile and auto components industry, according to data released by […]
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Vingroup Signs $3 Billion Investment Deal with Telangana for EV and Battery Manufacturing

Vietnam’s Vingroup to Build Integrated EV Manufacturing Hub in Telangana Vietnam-based Vingroup has entered into a major investment agreement with the Telangana government to establish an integrated electric vehicle and battery manufacturing ecosystem in the […]
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Tsuyo Manufacturing and Karnataka Government Sign LOI for New EV Powertrain Facility and Testing Track

Facility to produce comprehensive EV powertrain systems Tsuyo Manufacturing has signed a Letter of Intent with the Government of Karnataka to establish a new powertrain manufacturing facility dedicated to heavy commercial electric vehicles. The agreement, […]