Thursday, March 6, 2025

Skoda Auto VW in talks with JSW & Tata Motors for e-car deal

Skoda Auto Volkswagen India is negotiating with JSW Group and Tata Motors for licensing agreements to manufacture electric cars. Talks with Mahindra & Mahindra remain unresolved. The company seeks cost savings and compliance with India's fuel efficiency norms. A deal could help Skoda VW locally produce EVs sooner, avoiding substantial self-funding investments.

from Auto-Industry-Economic Times https://ift.tt/O7EwKix

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Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

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