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AutomobilesHyundai Steel will invest KRW 170 billion by 2032 to boost processing of high-quality ferrous scrap, support electric arc furnace steelmaking, and advance its long-term low-carbon strategy
AutomobilesGermany’s Miebach will install a laser welding system at Tata Steel UK’s Port Talbot, enabling tailor-welded blanks for lightweight, high-precision automotive steel production.
AutomobilesJSW Steel is discussing a minority stake sale in Bhushan Power & Steel with Japan’s JFE to monetize assets, deepen technology ties, and strengthen its balance sheet.
AutomobilesLEWL with Primetals to build a 4.2 MTPA pellet plant at SAIL–IISCO, Burnpur; contract ₹613 cr + €18.26m, completion targeted in 39 months.
AutomobilesHyundai India to invest $5 billion by 2030 to expand production, boost exports, and accelerate electric vehicle manufacturing in line with India’s green mobility goals.
AutomobilesHyundai Steel launches third-generation car steel plates after a decade of R&D, offering ultra-high strength and formability for EVs and eco-friendly vehicles.
AutomobilesJindal Stainless has supplied its 301N stainless steel for Bangalore Metro Phase 2, ensuring stronger, safer, and greener metro coaches. The Yellow Line was recently inaugurated by PM Modi.
AutomobilesAM/NS India launches its first auto-grade galvanising line at Hazira to produce advanced high-strength steel, supporting Make in India and import substitution goals.
AutomobilesNine major Indian automakers, which account for 97% of the domestic market sales, are creating an additional capacity of three million cars per annum, an increase of 52% compared to their current capacity of 5.77 million vehicles.
AutomobilesBeijing urges the European Union to scrap its preliminary tariffs on Chinese electric vehicles (EVs) by July 4. China's EV market. China-EU.
AutomobilesJSW MG Motor India has collaborated with Eversource Capital-backed NBFC Ecofy to provide financing and leasing solutions for its electric vehicles. JSW MG Motor.
AutomobilesOmega Seiki Mobility (OSM) collaborated with management firm Orbitsys Technologies to enhance efficiency in its day-to-day EV dealership operations. electric vehicles. automobile industry.
Hyundai & Kia ties with Exide Energy Solutions to localise EV batteries in India
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