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May 16, 2026
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Ola Electric to Invest $208 Million in EV and Battery Expansion

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India’s Ola Electric has announced plans to invest $208.5 million into its electric vehicle and battery cell businesses as it pushes to cut costs and move closer to profitability. The company aims to strengthen local manufacturing, increase automation, and expand in-house battery cell production while facing growing competition in the EV market. The SoftBank-backed company Continue Reading
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Mercedes-Benz India Sees Strong Demand for CLA BEV Ahead of Launch

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Mercedes-Benz India has received 400 bookings for its upcoming electric sedan, the CLA BEV, even before its official launch. The model marks the brand’s first next-generation electric vehicle in India built on the Mercedes Modular Architecture (MMA) platform and comes in three variants, catering to different performance and range needs. The entry-level CLA 200 offers […]Continue Reading
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Ford abandons plan to sell Tamil Nadu plant to Sajjan Jindal-led JSW

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In September 2021, Ford Motor Co announced its withdrawal from the Indian market, including plans to sell its sole manufacturing facility in Tamil Nadu. Recent reports suggest that Ford has now abandoned the sale of the Chennai plant, sparking speculation about a potential re-entry into the Indian market. A Ford spokesperson mentioned that the company […]Continue Reading

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