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  ARAI develops chargers for electric vehicles
The Automotive Research Association of India (ARAI) has indigenously developed a charger for electric vehicles to give a push to the EV ecosystem in the country, as per a statement.

  Wardwizard to increase investment in EV business
Electric vehicle maker WardWizard Innovations & Mobility plans to invest Rs 1.5 billion in the business in the next six months to ramp up technology and infrastructure, due to increased demand.

  Govt PLI scheme to boost EV two-wheeler production
According to an analysis done by Kotak Institutional Equities, the PLI scheme for autos provides incentives in the range of 13-18% of sales value to OEMs for manufacturing EVs in India.

  TechSci sees automotives dominate Indian Digi multimedia market
A TechSci Research report has predicted the future growth potential of India Digital Multimeter market and provided statistics & information on market size, shares, structure and future market growth.

  US-based Allison Transmission buys AVTEC’s off-highway component units
Allison to pay approximately $27 million in cash for AVTEC’s off-highway transmission portfolio and Madras Export Processing Zone (MEPZ) off-highway component machining business.

Editor's Desk

Pratap Padode / Managing Director

Auto in reverse gear due to Covid 19
To fight novel coronavirus disease (Covid 2019), the government ordered a 21-day nation-wide lockdown, starting March 25.


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