TVS Motor Company plans to invest Rs 10 billion in electric vehicles TVS is working on 5-25kW two- and three-wheelers portfolio and will launch them within two years. It aims to have EVs in delivery, commuter premium, high-performance sports and electric three-wheelers.

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ESR India signs MoU with TN government to develop two industrial parks The MoU was signed at the Investment Conclave 2021 conference. ESR India will invest Rs 5.5 billion and launch two industrial parks in Kancheepuram and Krishnagiri districts over the next five years.

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Eastman, USAMP and Padnos collaborate for circular auto solutions Padnos will use ASR as a viable feedstock for EMN’s molecular recycling process, making way for circular solutions. The study will assess the ability of EMN’s CRT to break down the plastic-rich fraction of ASR.

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Atul Auto partners CSC Grameen eStore to tap rural market Atul Auto Ltd has announced its partnership with CSC Grameen eStore which is an initiative by CSC eGovernance Services India Ltd for the promotion of digital ordering and delivery in rural areas.

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India’s automotive electronics market to cross $18 bn by 2027: Report Automotive electronics sales will triple, driven by rising income levels and increasing customer preference for in-vehicle digital experience. Telematics penetration remains low compared to global standards.