ONGC and bp sign contract to enhance oil production from Mumbai High

Oil and Natural Gas Corporation Limited (ONGC) and bp have signed a contract under which bp will serve as the Technical Services Provider (TSP) for the Mumbai High field, India’s largest and most prolific offshore oil field. Mumbai High is located about 160 km west of the Mumbai coast, in... Read more →


Africa’s largest EV company Spiro selects Ace as exclusive global battery recycling partner

Ace Green Recycling, a provider of sustainable battery recycling technology, and Spiro, Africa’s largest electric vehicle (EV) company signed a strategic agreement to support the circular battery value chain in Africa. The partnership will see Ace recycle end-of-life lithium-ion batteries, including LFP batteries, as well as waste from Spiro’s battery... Read more →


The eAxle, jointly developed by BluE Nexus Corporation, Aisin Corporation, and DENSO Corporation, will be installed in Suzuki’s first mass-produced battery electric vehicle (BEV) model, the e VITARA. The newly adopted eAxle uses a small motor and inverter to achieve high power density and high dynamic performance. Moreover, its loss... Read more →


Kia India has launched the Kia Syros SUV. The model introduces the first in-segment rear sliding, reclining and ventilated seats along with several other features, such as a dual-pane panoramic sunroof and Level 2 ADAS with 16-Autonomous Safety Features, complemented by a comprehensive suite of 20 Robust Hi Standard Safety... Read more →


Ace Green Recycling plans. to build India’s largest battery recycling facility

Ace Green Recycling finalized a lease agreement for a site to build India’s largest battery recycling facility. To be located in Mundra, Gujarat, the facility will build on Ace’s existing Indian commercial operations, which have been recycling lithium-ion batteries since 2023 including lithium iron phosphate (LFP) chemistries. As a part... Read more →


Greenstat Hydrogen India (GHI), a developer of green hydrogen and its derivatives, and H2Carrier, a pioneer in floating green ammonia production solutions, signed of a Memorandum of Understanding (MoU) to accelerate the development and deployment of green hydrogen and ammonia projects located in India and Sri Lanka. Under the MoU,... Read more →


Hyundai Motor Group partners with Indian Institutes of Technology to advance battery and electrification research

Hyundai Motor Group is partnering with the Indian Institutes of Technology (IITs) to establish a collaborative research system in the fields of batteries and electrification. The three institutes include IIT Delhi, IIT Bombay and IIT Madras. The Hyundai Center of Excellence (CoE), which will be set up within IIT Delhi,... Read more →


Hygenco selects Topsoe as technology licensor for first phase of planned green ammonia complex in India

Topsoe has signed an agreement with developer Hygenco to provide its dynamic ammonia technology for Hygenco’s upcoming green ammonia plant in Gopalpur, Odisha, India. Hygenco will utilize Topsoe’s advanced dynamic green ammonia technology, allowing for flexible and efficient operations while optimizing overall performance. This technology will support Hygenco’s ambition of... Read more →


EIA expects decreasing refining capacity to slow the decline of US refining margins; India emerges as leading source of growth in oil consumption

The US Energy Information Administration (EIA) expects US refinery capacity to be 17.9 million barrels per day at the end of 2025, about 3% less than at the beginning of this year. LyondellBasel Industries plans to close its Houston Refinery in the first quarter of 2025, removing nearly 264,000 barrels... Read more →


thyssenkrupp sells electrical steel business in India for €440M

thyssenkrupp sold the Indian company thyssenkrupp Electrical Steel India Private Ltd. to JSW Steel Limited and JFE Steel Corporation. The Indian-Japanese consortium is acquiring the Indian electrical steel business of thyssenkrupp for a purchase price of around €440 million. thyssenkrupp Electrical Steel India is part of the Electrical Steel business... Read more →


BMW Group and Tata Technologies establish joint venture for automotive software and business IT

The BMW Group and Tata Technologies, a global product engineering and digital services company, launched their joint venture BMW TechWorks India with offices in strategic talent hubs Pune, Bengaluru and Chennai. With the final signing of the contracts and the approval of the authorities, the joint venture will initially start... Read more →


Nissan unveiled the new Magnite compact SUV in India, where it will be manufactured and sold. The Magnite, originially launched in December 2020, has established a strong presence in India and has achieved cumulative sales of more than 150,000 units across India and international markets. The new model combines sleek... Read more →


NYK signs basic agreement for marine transport of green ammonia from India to Japan

NYK reached a basic agreement for the marine transport of green ammonia to Japan in collaboration with Kyushu Electric Power Company, Sojitz Corporation and Sembcorp Green Hydrogen Pte. Ltd., a wholly owned subsidiary of Sembcorp Industries, a leading energy company in Asia engaged in a project to produce green ammonia.... Read more →


IndianOil equips Indian Army with hydrogen fuel cell bus; MoU to deploy jointly fuel cell technology for heavy-duty e-mobility

IndianOil has handed over a hydrogen fuel cell bus to the Indian Army. This landmark event was marked by the signing of a Memorandum of Understanding (MoU) between IndianOil and the Indian Army to pioneer the deployment of hydrogen fuel cell technology for heavy-duty e-mobility. The Indian Army is committed... Read more →


EVR Motors, an Israel-based electric motor innovator specializing in high power-density electric motors, is starting the operations of a greenfield plant in India under its subsidiary, I.EVR Motors Pvt Ltd. This facility, located in Manesar, will spearhead the production of trapezoidal geometry coils, a patented key component of EVR’s electric... Read more →


Honda opens new R&D facility in Bengaluru to accelerate electrification in India

Honda R&D (India) Private Limited (HRID), a subsidiary of Honda Motor Co., Ltd. and functioning as Honda’s research and development arm for motorcycles & power products in India, opened a new Solution R&D Center in Bengaluru, Karnataka. Honda sets global target of achieving carbon neutrality in all of its products... Read more →


Apollo Tyres partners with NATRAX to develop cut and chip test track in India for EVs

Apollo Tyres is partnering with India’s NATRAX, a provider of testing and validation services, to establish the first of its kind test track in India, specifically designed to validate tires for Electric Vehicles (EVs) and low-rolling-resistance tires. This collaboration aims to provide a dedicated testing facility for EV manufacturers, enabling... Read more →


Daimler India Commercial Vehicles announces battery-electric truck eCanter for India

Daimler India Commercial Vehicles (DICV), the wholly-owned subsidiary of Daimler Truck AG, announced the market launch of the all-electric light-duty truck Next Generation eCanter in the Indian market. This marks the DICV’s foray into the Indian battery electric commercial vehicle market and the company’s push into the light-duty truck segment... Read more →


Hyundai Motor and Kia partner with Exide Energy for EV battery localization in India; focus on LFP

Hyundai Motor Company (Hyundai Motor) and Kia Corporation (Kia) signed a Memorandum of Understanding (MOU) for strategic cooperation with Exide Energy Solutions Ltd., a leading Indian battery company, as part of their electric vehicle (EV) expansion plans. With the expansion of their EV plans for the Indian market, Hyundai Motor... Read more →


Panasonic Energy enters discussions with IndianOil over framework for formation of JV to manufacture cylindrical Li-ion batteries in India

Panasonic Energy, a Panasonic Group Company, signed a binding term sheet and initiated discussions with Indian Oil Corporation to draw a framework for formation of a joint venture to manufacture cylindrical lithium-ion batteries. This initiative is driven by the anticipated expansion of demand for batteries for two- and three-wheel vehicles... Read more →


Qualcomm developed chipsets to support NavIC L1 signals

Qualcomm Technologies, Inc, in collaboration with the Indian Space Research Organization (ISRO), has developed and tested select chipset platforms that support NavIC (Navigation with Indian Constellation) L1 signals. The initiative will help accelerate the adoption of NavIC and enhance the geo-location capabilities of mobile, automotive and the Internet of Things... Read more →


VinFast to build integrated electric vehicle facility in Tamil Nadu, India; up to $2B investment

Vietnam-based electric vehicle (EV) manufacturer VinFast and the Tamil Nadu State Government announced a partnership in a Memorandum of Understanding (MoU) for the development of a VinFast electric vehicle manufacturing plant. VinFast and the State Government will work toward a total investment of up to US$2 billion, with an intended... Read more →


Epsilon Advanced Materials (EAM), India’s leading battery materials company, plans to build a $650-million graphite anode manufacturing facility in Brunswick County of North Carolina. The facility is the first Indian investment in the US electric vehicle (EV) battery industry. The company plans to break ground in 2024 and begin manufacturing... Read more →


Aemetis completes expansion of India biodiesel plant one year ahead of schedule; 60M gallon annual capacity

California-based Aemetis, a renewable natural gas and renewable fuels company focused on negative carbon intensity products, announced that its Universal Biofuels subsidiary has completed an expansion of its India biodiesel plant (earlier post) annual production capacity to 60 million gallons more than one year ahead of schedule, supplying the expanding... Read more →


SFC Energy starts production of hydrogen and methanol fuel cells in India

SFC Energy AG, a supplier of hydrogen and methanol fuel cells for stationary and mobile hybrid power solutions, has launched the manufacturing of hydrogen and methanol fuel cells at its New Delhi/Gurgaon site in India. Together with long-standing Indian partner FCTecNrgy Pvt Ltd (FCT), the production facility was built and... Read more →


Kia India marked the milestone of producing one million vehicles from its manufacturing facility at Anantapur by rolling out the first unit of its newest innovation—the new Seltos. The new Seltos comes with a new-age design, 32 safety features including Level 2 ADAS with 17 Features and features such as... Read more →


IndianOil & Praj to form JV to build biofuels production in India

Indian Oil Corporation and Praj Industries signed a term sheet to advance plans to strengthen biofuels production capacities in India. Various biofuels covered under this MoU include Sustainable Aviation Fuel (SAF), ethanol, compressed bio-gas (CBG), biodiesel and bio-bitumen among others. Earlier in October 2021, both the companies had entered into... Read more →


Reliance Industries Limited (RIL) and bp p.l.c. have begun production from the MJ field, following testing and commissioning activities. The MJ field represents the last of three major new deepwater developments the RIL-bp consortium have brought into production in block KG D6 off the east coast of India. The start... Read more →


ONGC: Russia’s Sakhalin-1 oil output at 200,000 bpd

India’s state-run Oil and Natural Gas Corp (ONGC) said that oil output from the Sakhalin-1 project in Russia has returned to a plateau level of 190,000 - 200,000 barrels per day (bpd) from zero. Sakhalin-1 produced an average of 227,000 bpd in 2021. Following the onset of sanctions against Russia... Read more →


Indian Oil signs MOU with LanzaJet on sustainable aviation fuel production in India

Indian Oil Corporation, India’s leading energy major, has entered into a memorandum of understanding (MOU) with LanzaJet to explore the development of sustainable aviation fuel (SAF) production in India. The MOU between LanzaJet and IndianOil establishes a partnership to pursue large capacity SAF production in India using LanzaJet’s proven Alcohol-to-Jet... Read more →


Geological Survey of India finds lithium and gold deposits

The Geological Survey of India has for the first time established Lithium inferred resources (G3) of 5.9 million tonnes in Salal-Haimana area of Reasi District of Jammu & Kashmir (UT) in northern India. If realized with a higher degree of confidence, resources of that level would rank among the world’s... Read more →


Air India signed a firm order for 40 GEnx-1B and 20 GE9X engines, plus a multi-year TrueChoice engine services agreement. The deal was signed in coordination with the airline’s firm order for 20 Boeing 787 and 10 Boeing 777X aircraft. GE Aerospace has powered Air India since 1982, when the... Read more →


Rolls-Royce has received an order from Air India for 68 Trent XWB-97 engines, plus options for 20 more. This is the biggest ever order for the Trent XWB-97, which exclusively powers the Airbus A350-1000. Air India has also ordered 12 Trent XWB-84 engines, the sole engine option for the Airbus... Read more →


Renault and Nissan investing $600M in new models for India, including two EVs

Renault and Nissan announced a new long-term vision for India, increasing production and R&D activities, introducing electric vehicles, and transitioning to carbon-neutral manufacturing. From their base in Chennai, the companies will collaborate on six new production vehicles for domestic and international customers, including two new fully electric vehicles, uplifting the... Read more →


Siemens Mobility recently received an order for 1,200 locomotives of 9,000 horsepower (HP) from Indian Railways, marking the single largest locomotive order in the history of Siemens Mobility and single largest order in the history of Siemens India. Siemens Mobility will design, manufacture, commission and test the locomotives. Deliveries are... Read more →


Israel-based EVR Motors has signed an agreement with RSB Group, one of India’s Tier-1 automotive suppliers. The agreement with RSB is EVR’s fourth commercial agreement in India signed during the past eight months. Other agreements are in place with Badve Group, Napino, and, most recently, EKA Mobility. Each of the... Read more →


One of India’s oldest and largest electric two-wheeler manufacturers, Hero Electric, announced a long-term partnership with Maxwell Energy Systems for its advanced Battery Management Systems (BMS). As part of this partnership, Maxwell will supply more than a million units of its BMS over the next three years to support Hero... Read more →


Ballard partners with Adani to develop a hydrogen fuel cell truck for mining & transportation in India

Ballard Power Systems signed an agreement to launch a pilot project to develop a hydrogen fuel cell electric truck (FCET) for mining logistics and transportation with Adani Enterprises Limited (AEL), part of the diversified Adani portfolio of companies, and Ashok Leyland. The hydrogen-powered mining truck will weigh 55 tons, have... Read more →


Maire Tecnimont Group and NTPC to develop green methanol project in India

Tecnimont Private Limited, Indian subsidiary of Maire Tecnimont Group, has signed a non-binding Memorandum of Understanding (MoU) with NTPC, India’s largest power generation company. The objective of the MOU is jointly to evaluate and explore the possibility to develop commercial-scale green methanol production facilities at NTPC projects in India. The... Read more →


Nikkei: India passes Japan to become world’s No. 3 auto market in 2022

India’s sales of new vehicles totaled at least 4.25 million units, based on preliminary results, topping the 4.2 million sold in Japan, according to a Nikkei report. New vehicles delivered in India totaled 4.13 million between January and November 2022, according to the Society of Indian Automobile Manufacturers (SIAM). Adding... Read more →


Delhi Transport Corporation (DTC) signed a definitive agreement with Tata Motors’ fully owned subsidiary, TML CV Mobility Solutions Ltd. for operation of 1,500 electric buses in the city of New Delhi. As part of the agreement, TML CV Mobility Solutions Ltd. will supply, operate and maintain 1,500 units of 12-meter... Read more →


Cummins and Tata Motors signed a Memorandum of Understanding (MoU) to collaborate on the design and development of low- and zero-emission propulsion technology solutions for commercial vehicles in India, including hydrogen-powered internal combustion engines (H2ICE), fuel cells (FC), and battery electric vehicle (BEV) systems. The shift to sustainable mobility is... Read more →


Tata Motors, India’s leading automobile manufacturer, launched the newest member of its EV family this past week: the Tiago.ev. Tata is offering special introductory prices starting INR 8.49 Lakh (US$10,000) (All India – Ex-showroom), for the first 10,000 customers (of which 2000 will be reserved for the current owners of... Read more →


FPT Industrial, the global powertrain brand of Iveco Group, has entered into an agreement to make a minority investment in Blue Energy Commercial Vehicles Private Ltd, a zero-emission truck technology company headquartered in Pune, India, engaged in the manufacturing of clean energy trucks under the brand Blue Energy Motors. The... Read more →


Magna invests $77M in Yulu; creates battery-swapping service company

Magna is expanding into the fast-growing micromobility market by investing $77 million in Yulu, India’s largest electrified shared mobility provider, and creating a battery-swapping service company. Yulu deploys shareable, low-speed, electric two-wheelers to facilitate accessible, sustainable urban mobility in India. As part of the agreement, Magna will have a stake... Read more →


Ballard to power India’s first hydrogen trains

Ballard Power Systems announced a fuel cell module order from Medha Servo Drives, a leading rail system integrator, which has been contracted by Indian Railways to develop India’s first hydrogen powered trains. Indian Railways is a statutory body under the ownership of Ministry of Railways, Government of India that operates... Read more →


Avaada Group signs MoU for US$5B green ammonia plant with Rajasthan government; 1 million tons per year

India’s Avaada Group signed a Memorandum of Understanding (MoU) with the Department of Industries and Commerce, Government of Rajasthan to set up a green ammonia facility with a production capacity of 1 million tons per annum and a renewable energy power plant in Kota, Rajasthan. The MoU, signed as part... Read more →


Aemetis announced that its Universal Biofuels subsidiary in India, owner and operator of a biodiesel plant located near the Port of Kakinada on India’s east coast, was selected by the three government-controlled oil marketing companies (OMCs) and a major oil refiner to supply approximately 8,000,000 gallons of biodiesel over the... Read more →


An anti-pollution helmet developed by a Delhi-based startup can help 2-wheeler riders breathe cleaner air. The helmet developed by Shellios Technolabs has a Bluetooth-enabled app that lets the rider know when the helmet requires cleaning. The helmet titled PUROS is integrated with air purifying accessories which include the patented innovations... Read more →


Mahindra and Volkswagen explore strategic alliance to accelerate electrification of Indian automotive market

The Volkswagen Group and Mahindra & Mahindra Ltd. (M&M) intend to expand their cooperation. Both companies signed a Term Sheet on the supply of MEB electric components for Mahindra’s new, purpose-built electric platform INGLO, deepening the Partnering Agreement from earlier this year. (Earlier post.) The cooperation intends to have a... Read more →