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	<title>Electric Vehicles - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</title>
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	<title>Electric Vehicles - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</title>
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		<title>Godrej’s Motor Solutions business eyes 40% Revenue Growth by 2028</title>
		<link>https://newsmantra.in/godrejs-motor-solutions-business-eyes-40-revenue-growth-by-2028/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Thu, 12 Jun 2025 12:21:05 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Electric Vehicles]]></category>
		<category><![CDATA[Godrej]]></category>
		<category><![CDATA[Godrej Enterprises Group]]></category>
		<category><![CDATA[Godrej’s Motor Solutions]]></category>
		<category><![CDATA[HVAC]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=63936</guid>

					<description><![CDATA[<p>Introduced advanced manufacturing technologies &#38; production lines amid surging EV export demand with an investment of INR 40 Cr over next 3 years  Bengaluru, 12th June 2025: The Motor Solutions business of Godrej Enterprises Group, is targeting a revenue of INR 1000 crore by FY28, with 20% of total revenue coming from exports. The business is targeting ₹750...</p>
<p>The post <a href="https://newsmantra.in/godrejs-motor-solutions-business-eyes-40-revenue-growth-by-2028/">Godrej’s Motor Solutions business eyes 40% Revenue Growth by 2028</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p align="center"><i>Introduced advanced manufacturing technologies &amp; production lines amid surging EV export demand with an investment of INR 40 Cr over next 3 years</i></p>
<p style="text-align: left;" align="center"><i> </i><b>Bengaluru, 12<sup>th</sup> June 2025:</b> The Motor Solutions business of Godrej Enterprises Group, is targeting a revenue of INR <b>1000</b> crore by <b>FY28</b>, with <b>20%</b> of total revenue coming from exports. The business is targeting <b>₹750 crore</b> in <b>FY26</b>, driven by expanding demand across <b>electric vehicles</b> (EV’s), HVAC applications, pump applications, and actuator segments in domestic and international markets.</p>
<p><strong>Xercsis Marker, EVP &amp; Head, Motor Solutions Business, Godrej Enterprises Group, </strong>said, <i>“We are strengthening our manufacturing capabilities through significant R&amp;D investments and advanced technology adoption. We continue to invest in technology and capacity to serve identified growth sectors like EV, Automation, Actuators, Pumps etc, while advancing innovations in motor design to reduce reliance on rare-earth materials.”</i></p>
<p>The business has enhanced its manufacturing capabilities for EV motor components, including commissioning of a new assembly line to support growth in both Indian and export markets such as the US and Europe. A high-precision lamination punching line from AIDA Japan is also being put up to meet the increasing need for ultra-thin laminations in EV, aerospace, and automation sectors. The business holds a dominant 60% market share in hermetic motors for refrigeration and air-conditioning applications in the domestic Indian market.</p>
<p>Recent product innovations include the development of complete assembled motors for the off-road EV market serving US customers, with plans also to manufacture motors for a renowned German group with compatible controller offerings. The business is also investing into cutting-edge motor technologies such as <b>Switched Reluctance and Synchronous Reluctance Motors</b>, with an aim to reduce <b>reliance on rare earth magnets</b> over the years whilst improving efficiency.</p>
<p>The facility is capable to generate an annual production capacity of over 6 million motors and offers over 300+ customized SKUs to serve diverse industrial applications. Sustainability remains a core focus, with the plant certified with IGBC Platinum, and GreenCo Platinum Plus and zero waste to landfill. The facilities are water positive and recycles 80% of its finished goods packaging.</p>
<p>Pune has established itself as a major hub for manufacturing and the automotive industry in India. This growth has spurred the development of a robust ecosystem of ancillary industries, including component and material suppliers that support the region’s manufacturing strength. Located on a 36-acre, state-of-the-art manufacturing campus in Shindewadi, Pune, Motor Solutions has a green supply chain, with the majority of its suppliers situated within a 100-kilometer radius enhancing regional economic development.</p>
<p>The post <a href="https://newsmantra.in/godrejs-motor-solutions-business-eyes-40-revenue-growth-by-2028/">Godrej’s Motor Solutions business eyes 40% Revenue Growth by 2028</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>SECL Boosts Green Initiative with Launch of 12 New Electric Vehicles</title>
		<link>https://newsmantra.in/secl-boosts-green-initiative-with-launch-of-12-new-electric-vehicles/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Mon, 28 Apr 2025 10:13:54 +0000</pubDate>
				<category><![CDATA[PSU Mantra]]></category>
		<category><![CDATA[Electric Vehicles]]></category>
		<category><![CDATA[SECL]]></category>
		<category><![CDATA[SECL CMD]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=61369</guid>

					<description><![CDATA[<p>South Eastern Coalfields Limited (SECL) has reinforced its dedication to sustainability by launching 12 new electric vehicles (EVs) at its Headquarters, a move aimed at promoting environmentally friendly practices. Flagged off by SECL CMD Shri Harish Duhan, along with other senior officials, these EVs will be deployed for three years...</p>
<p>The post <a href="https://newsmantra.in/secl-boosts-green-initiative-with-launch-of-12-new-electric-vehicles/">SECL Boosts Green Initiative with Launch of 12 New Electric Vehicles</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>South Eastern Coalfields Limited (SECL) has reinforced its dedication to sustainability by launching 12 new electric vehicles (EVs) at its Headquarters, a move aimed at promoting environmentally friendly practices. Flagged off by SECL CMD Shri Harish Duhan, along with other senior officials, these EVs will be deployed for three years as part of the company&#8217;s green mobility initiative, increasing its electric vehicle fleet to 60. This transition is expected to significantly reduce SECL&#8217;s carbon footprint by cutting greenhouse gas emissions and improving air quality, aligning with national climate action commitments. Duhan emphasized the importance of adopting eco-friendly technologies in SECL&#8217;s operations to set a positive example as a responsible public sector enterprise. The vehicles have been procured through the Government of India&#8217;s e-marketplace portal (GeM).</p>
<p>The post <a href="https://newsmantra.in/secl-boosts-green-initiative-with-launch-of-12-new-electric-vehicles/">SECL Boosts Green Initiative with Launch of 12 New Electric Vehicles</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<item>
		<title>Uber ties up with Refex Green Mobility to Deploy 1,000 Electric Vehicles by 2026</title>
		<link>https://newsmantra.in/uber-ties-up-with-refex-green-mobility-to-deploy-1000-electric-vehicles-by-2026/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Thu, 13 Mar 2025 08:17:30 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Electric Vehicles]]></category>
		<category><![CDATA[Refex Green Mobility]]></category>
		<category><![CDATA[Uber]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=58729</guid>

					<description><![CDATA[<p>Bengaluru, March 11, 2025: Uber today announced a strategic partnership with Refex Green Mobility to deploy 1,000 electric vehicles (EVs) across key cities in India by 2026, furthering its efforts to boost electric vehicles on its platform. This collaboration aligns with Uber’s global objective of providing 100% emission-free rides by 2040...</p>
<p>The post <a href="https://newsmantra.in/uber-ties-up-with-refex-green-mobility-to-deploy-1000-electric-vehicles-by-2026/">Uber ties up with Refex Green Mobility to Deploy 1,000 Electric Vehicles by 2026</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><b>Bengaluru, March 11, 2025: </b>Uber today announced a strategic partnership with Refex Green Mobility to deploy 1,000 electric vehicles (EVs) across key cities in India by 2026, furthering its efforts to boost electric vehicles on its platform.</p>
<p>This collaboration aligns with Uber’s global objective of providing 100% emission-free rides by 2040 and reinforces the ride-hailing platform’s ongoing efforts to promote clean energy solutions. The new fleet of 1,000 EVs will be available on Uber to cater to the growing preference for sustainable mobility choices in cities.</p>
<p>Refex Green Mobility Limited is a wholly owned subsidiary of Chennai-headquartered Refex Industries Limited and it operates under the brand Refex eVeelz. The deployment will see electric four-wheelers onboarded onto the Uber platform across Chennai, Hyderabad, Bengaluru, and Mumbai, marking a significant milestone in Uber’s efforts to electrify urban mobility.</p>
<p>Commenting on the partnership, <b>Aditya Kapoor, Head, Supply and Electrification, Uber India and South Asia</b>, said, “Uber is committed to accelerating the shift to zero-emission mobility in India, and this partnership with Refex eVeelz is a significant step in that direction. It strengthens our efforts to electrify urban transportation, bringing more electric ride options to riders across many new cities in India. We remain focused on removing barriers to EV adoption and driving the transition to a greener future through partnerships that will build a sustainable future for all.”<b> </b></p>
<p><b>Sachin Navtosh Jha, Chief of Staff, Refex Group</b>, said<b>, </b>&#8220;As a company committed to driving the transition towards sustainable mobility, we are proud to partner with Uber to deliver electric solutions to more cities in India. This collaboration, in addition to our currently existing B2B as well as B2C operations with nearly 1,300 company-owned 4-wheeler EVs will help us contribute to reducing urban carbon emissions and will also play a key role in achieving India’s broader sustainability goals.&#8221;</p>
<p>As part of its broader electrification push, Uber rolled out Uber Green across Delhi, Mumbai, Bangalore and Kolkata. Uber Green allows passengers to request an all-electric, zero tail-pipe emissions vehicle, providing an on-demand EV experience with a few taps on the app. Uber Green is already the most widely available on-demand mobility solution for no or low-emission rides globally, available in over 100 cities across 15 countries.</p>
<p>With this partnership, Uber and Refex eVeelz are making significant strides in expanding the availability of electric mobility options in India, paving the way for a greener and electric urban transportation ecosystem.</p>
<p>The post <a href="https://newsmantra.in/uber-ties-up-with-refex-green-mobility-to-deploy-1000-electric-vehicles-by-2026/">Uber ties up with Refex Green Mobility to Deploy 1,000 Electric Vehicles by 2026</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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