Auto Industry

The year 2022 saw Automobili Lamborghini break records with best sales figures ever. The company delivered 9,233 cars worldwide, an increase of 10% over the previous year.

Jaguar Land Rover has announced that Rohit Suri, President and Managing Director, Jaguar Land Rover India, after spending over 14 years with the business is retiring from his position w.e.f. March 31, 2023. Suri jo...

India’s leading passenger vehicle exporter Maruti Suzuki has commenced exports of its highly successful premium SUV, Grand Vitara. The first shipment of Grand Vitara sailed to Latin America from the Kamarajar port r...

MG Motor India signed MOUs with 22 colleges as part of its MG Nurture programme to upskill more than 25,000 students in four years. MG Nurture is an initiative that intends to impart future-ready skills to students ...

BorgWarner has opened a 95,000 square foot electric propulsion engineering centre in the Whitefield neighborhood of Bangalore, India. The team there will work on inverters, DC/DC converters, on-board chargers, integ...

Sona BLW Precision Forgings Ltd. (Sona Comstar), one of the leading global providers of automotive technology solutions, has signed an agreement to acquire a 54% equity stake in Novelic, a Serbia-based company found...

Altair, a global leader in computational science and artificial intelligence (AI), has invested $10 million in Xscape Photonics, a start-up that developed patented technology for photonic chips for ultrahigh-bandwid...

Saarloha Advanced Materials Private Limited (Saarloha), a Kalyani group company, has launched first of its kind in India, green steel under the brand “Kalyani Ferresta” in the presence of Jyotiraditya Scindia, Union...

Mahindra & Mahindra (M&M Ltd.), one of India’s leading automotive companies, has announced that their investment of Rs. 10,000 crore for electric vehicles has been approved under the Maharashtra Government’s industr...

HYM Drive Systems, a joint venture between Hero Motors Ltd. and Yamaha Motors Co. (Japan), has inaugurated its plant at Hero E-Cycle Valley in Ludhiana. Pankaj Munjal, Chairman of Hero Motors Company, inaugurated th...

On December 14, the first Audi Q8 e-tron drove off the production line at the Brussels plant. It marks the beginning of an era for the new top model in Audi’s electric SUV range. The plant has been a role model for ...

Keeping the vision of a clean and green environment alive, Tata Motors, India’s leading automobile manufacturer and the pioneer of the EV evolution in India, signed an MoU with Everest Fleet Private Limited for the ...

According to Nov 2022 sales data released by the Federation of Automobile Dealers Associations (FADA), the Indian 2W segment showed a huge growth of 24% YoY but fell marginally by 0.9%, when compared to Nov’19, a pr...

Marquardt India, a leading manufacturer of electromechanical and electronic switches and switching systems for automobiles and other sectors opened its global R&D centre in Pune. The centre with skilled engineers is...

Lectrix EV, the electric mobility arm of SAR Group, said that it will expand its network in India by adding 300 dealerships by mid-2023. The electric two-wheeler company, which started operations earlier this year, ...

App based taxi service provider Uber has announced the launch of new and expanded technology-led safety features and strengthened customer support in India. The company that celebrates ‘standing for safety’ as its c...

Mahindra & Mahindra has announced the winners of the inaugural edition of ‘Mahindra Rise Sustainability Champion Awards’.

Spain based Grupo Antolin, a global supplier of technological solutions for car interiors, inaugurated its new state of the art Global Design and Business Services office in Pune.

Mercedes-Benz India announced an organisational change in its Sales & Marketing function effective from February 1, 2023. Lance Bennett, currently associated as the General Manager and Company Director, Mercedes-Ben...

EVeium, manufacturer of high-speed electric two-wheelers, has announced aggressive plans to open 100-plus showrooms pan India by the end of the year 2023.

Valeo and Mobileye celebrated the production of Valeo’s 10 millionth front camera system containing Mobileye technology, at Valeo's site in Wemding in Germany (Bavaria).

BorgWarner, a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, recently announced major milestones at two of its production facilities. Its Suzhou facility produced i...

Skoda Auto India celebrated the last quarter of 2022 with an international congregation in the picturesque backdrop of the Himalayas in Dehradun. The peak-to-peak drive showcased the achievements of the company and ...

A substantial gift of 1.5 million British pounds (approx Rs 14 crore) from TVS Motor Company will help create a crucial new Professorial post in WMG, University of Warwick - the Lord Bhattacharyya Chair in Engineeri...

India has embraced the EV revolution and this has driven Tata Motors, India’s leading automotive brand to a key milestone – the rollout of 50,000th EV in the country. The company rolled-out its 50000th EV, from its ...

Honda Cars India Ltd (HCIL), leading manufacturer of premium cars in India, announced that the company has reached the 2 million-unit milestone in cumulative production of Honda cars in India.

Technical plastics such as polyamide 6 offer numerous benefits for the design of battery enclosures for electric vehicles – in terms of sustainability, manufacturing costs, weight savings and economical functional i...

Philippines based Columbian Group of Companies, distributors of commercial and passenger vehicles will soon be assembling and distributing Hero MotoCorp motorcycles in Philippines. A partnership has been formed betw...

Prime Minister, Narendra Modi inaugurated the DefExpo22 at Mahatma Mandir Convention and Exhibition Centre in Gandhinagar, Gujarat.

Union Minister for Road Transport and Highways Nitin Gadkari launched Toyota’s first of its kind pilot project on Flexi-Fuel Strong Hybrid Electric Vehicles (FFV-SHEV) in India which would run on 100% petrol as well...

According to the Federation of Automobile Dealers Associations (FADA), the 2W segment is yet to show signs of any revival as it remains a drag by falling as much as -14% in retail sales for the month of September 20...

BorgWarner has inaugurated another plant in Thiruvallur District near Chennai, India, which provides extensive manufacturing, assembly and storage space. Having two sites operating in close proximity is expected to ...

Society of Indian Automobile Manufacturers (SIAM), the apex automobile industry body, organised its 62nd Annual Convention at New Delhi. Prime Minister of India Narendra Modi in his message highlighted the significa...

Delta, a global leader in power and thermal management solutions, has emerged as a major player in the e-mobility sector worldwide. Over the last few years, as one of the prominent leaders in EV (electric vehicles) ...

Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, announced that its popular family sedan Honda Amaze has cumulatively sold 5 lakh units since its first introduction in 2013. The car, pres...

TVS Supply Chain Solutions (TVS SCS), one of the largest and fastest growing supply chain solutions providers in India, announced the inauguration of its Training Academy at Oragadam, industrial corridor, near Chenn...

Maruti Suzuki India commenced the celebrations of ’40 years of Suzuki’s partnership with the people of India’. The commemorative ceremony at Mahatma Mandir, Gandhinagar, Gujarat was graced by Prime Minister of India...

Mercedes-Benz Research and Development India (MBRDI) is nurturing Evnnovator, a startup that aims to transform the EV industry by providing a comprehensive EV charging experience to the end-users.

Delta, a global leader in power and thermal management solutions, announced it has cumulatively delivered over 6,000 electric vehicle (EV) chargers to customers in India, a substantial milestone to foster the countr...

Toyota Kirloskar Motor [TKM] announced the signing of a Memorandum of Understanding (MoU) with National Skill Development Corporation (NSDC) and Automotive Skill Development Council (ASDC) to enhance student skill w...

Porsche India recorded a 118 per cent sales growth for the first half of 2022 compared to last year with 378 new car deliveries. Overcoming continual challenges that impact the automotive industry worldwide, Porsche...

Vitesco Technologies India Pvt Ltd, part of the Euros 8.3 billion Vitesco Technologies Group based in Regensburg, Germany and a leading international manufacturer of modern drive technologies and electrification sol...

Nalin Jain has been named as the Executive Director - Finance and IT of Skoda Auto Volkswagen India Private Limited (SAVWIPL). He succeeds Martin Mahlke who successfully steered the financial strategy for the Group’...

British International Investment (BII), the UK’s Development Finance Institution and impact investor and Mahindra & Mahindra (M&M) have executed a binding agreement to invest up to Rs. 1,925 crore each into a wholly...

Automotive supplier Mahle has developed the most durable electric motor available. The traction motor, which is unique on the market, can run indefinitely with high performance. A new cooling concept makes this tech...

MG Motor India installed and inaugurated the first two residential community chargers in Raj Aangan Society (NRI Colony), Jaipur (Rajasthan). This is in line with the automaker’s plan to install more charging statio...

India has the world’s largest and fastest growing two-wheeler market. It is the cheapest and quickest form of local travel. Forecasts peg the number of vehicles sold annually to reach 26.6 million units by 2025.

The Flipkart Group, India’s homegrown internet ecosystem, has committed to setting an ambitious Net Zero target, to decarbonise its own operations by 2030 and the larger value chain by 2040.

A Tata Nexon electric car caught fire in Vasai area in Mumbai, Maharashtra late June 22, 2022. Incidentally, the Nexon EV is the highest selling electric car in India. Though in the recent past there have been sever...

iCreate (International Centre for Entrepreneurship and Technology) India's leading innovation-based start-up incubator announced the launch of EVangelise’22 - India’s largest EV innovation challenge, in partnership ...

Okinawa Autotech, India’s No-1 selling electric two-wheeler brand has announced the setting up of a mega factory in Karoli, Rajasthan. It will be one of the most comprehensive units and the first such attempt made ...

If there is one clear leader in the electric two wheeler space in India, it is Okinawa Autotech. According to retail sales data released by the Federation of Automobile Dealer Associations (FADA) for the month of Ma...

Retail sales of two wheelers, primarily comprising of IC engine powered vehicles, slumped in the month of May 2022 as compared to May 2019.

Automobili Lamborghini has added a new record to its list with its super SUV Urus, as the best-selling model in the shortest time ever.

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have signed a Memorandum of Understanding (MOU) with the Government of Gujarat (GoG) for the ...

Bharat Petroleum Corporation Limited (BPCL) and Bounce Infinity have joined hands to fortify the Bounce Infinity’s extensive battery swapping infrastructure. Under this partnership, Bounce Infinity will set-up its b...

Stellantis has named Rahul Rajupalepu as the new Head of its Global Digital Hub in India. He succeeds Karim Lalani, who has taken up a new role as the Chief Technology Officer - North America ICT and Digital within ...

The Indian auto industry can leverage and partner with South Korea to develop the electrical vehicle (EV) market in India and through collaboration ,it can emerge as leaders for a large part of the world. This was s...

Leading Indian electric two wheeler manufacturer Okinawa Autotech has signed a joint venture agreement with Tacita, an Italian manufacturer of electric performance and cruiser motorcycles. The new company, born from...

Volkswagen and Mahindra & Mahindra Ltd. (M&M) are exploring the use of MEB electric components for Mahindra’s new “Born Electric Platform”. Both parties announced that they have signed a partnering agreement to eval...

Badve Engineering Ltd, one of India’s leading Tier-1 automotive manufacturing companies for Indian and global OEMs, and Israeli startup EVR Motors have announced that they are forging a strategic commercial agreemen...

In its endeavour to revolutionise the promising EV retrofitting segment, Bengaluru-based Mecwin India, the fastest-growing electric vehicle motor manufacturing company, is foraying into the little-explored electric ...

TVS Motor Company has announced at its board meeting the elevation of Sudarshan Venu as Managing Director of the company effective May 5, 2022.

BorgWarner’s battery management system (BMS) has been selected by a leading global vehicle manufacturer to equip the entirety of its B-segment, C-segment and light commercial vehicle platforms. Initially, model year...

Indian global automotive components manufacturer Advik Hi-Tech Private Limited”) has announced that it has signed a Joint Venture (JV) with Australian clean energy Company Pure Hydrogen Corporation Limited.

The 5th generation of C-Class commenced roll out from the Mercedes-Benz’s state-of-the-art production facility in Chakan, Pune.

Magenta, a leading EV charging company, successfully developed and installed Delhi's first LEV AC EV charger under the state government's plan, which allows for the construction of private EV chargers for a net cost...

Hop Electric, an electric vehicle manufacturer, has reached up to 100+ experience centres across India. In terms of future prospects, Hop Electric Mobility is planning to expand its retail footprint in more than 300...

Napino Auto & Electronics Ltd., India’s premier Tier 1 automotive component manufacturing company, has forged a commercial licensing agreement with EVR Motors, an Israeli start-up with a newly designed and patented ...

Skoda Auto India has stretched its growth story even further by steadily expanding its market presence in northern India. This has resulted in an increase of customer touch points from 25 in 2019 to 51 in 2022 acros...

iVoomi Energy, an electric two-wheeler manufacturer, announced its plans to create a significant value chain in the EV ecosystem by expanding its channel partner network and creating opportunities for co-creation. W...

As of July 1, 2022, the new Chairman of the Board of Management of Skoda Auto a.s. will be Klaus Zellmer, who is currently the Volkswagen brand Board member responsible for Sales, Marketing and After Sales.

Honda Cars India Ltd (HCIL) announced that Takuya Tsumura has assumed the office of President & CEO. As part of HCIL organisational changes, the company also elevated Kunal Behl as Vice President, Marketing and Sale...

The Board of Directors of Maruti Suzuki India Limited, in its meeting held on March 24, 2022, appointed Hisashi Takeuchi as the Managing Director and Chief Executive Officer of the company with effect from April 1, ...

Neelanjan Banerjee will be taking over as the new Global Head of the Business Unit Lubricants Additives at Lanxess Corporation, USA effective July 1, 2022 after a brief work-in period.

Renault Group, Valeo and Valeo Siemens eAutomotive announced that they have signed a memorandum of understanding to form a strategic partnership for the design, co-development and manufacture in France of a new-gene...

Hero Electric has partnered with ReadyAssist, a leading 24/7 roadside assistance company for training and upskilling 20,000 mechanics for servicing EVs under its Private Garage Owners (PGO) initiative. With the risi...

Revolt Motors, India’s next gen-mobility company announced the opening of its first flagship store in Noida. The new store will be the brand’s second retail outlet in Uttar Pradesh, after opening the first one in Lu...

Toyota Kirloskar Motor witnessed a significant new milestone with the Toyota Glanza and the Urban Cruiser, together clocking cumulative wholesales of over 1 lakh units. Launched in June 2019 and September 2020 respe...

Nissan has expanded the number of export markets for its highly popular Magnite compact SUV to 15 in total, following a successful first year on sale.

TVS Motor Company announced the successful acquisition of a 75% stake in the Swiss E-Mobility Group (SEMG). The acquisition reaffirms TVS Motor Company’s commitment to expansion in Europe through a portfolio of prem...

Technology company Continental is supplying essential elements for an intuitive and attractive user experience in the new BMW iX. In response to vehicle digitalisation, the electric vehicle integrates Continental’s ...

Kinetic Green Energy & Power Solutions, India’s leading EV company, has today announced that they are entering into a collaboration with global electric vehicle giant, Aima Technology Group, to co-design and develop...

Automobili Lamborghini ended 2021 with a remarkable all-time record: 8,405 cars were delivered worldwide, making it the company’s best year ever on that front. Sales were up by 13% on 2020 due to a targeted and moni...

The year 2021 has clearly shown that Indians have begun to prefer registered high speed electric two wheelers (E2W) as compared to non-registered low speed two wheelers. Thus, while registered high speed two wheeler...

Leading global automotive supplier, Marelli, announced that following almost four years with the Company, Beda Bolzenius will stand down as CEO and President and he will be succeeded by David Slump, a 30-year indust...

Shema Electric, an Odisha based EV startup, displayed its array of electric two wheelers at EV India Expo 2021. The company unveiled its SES Tuff (High Speed) and SES Hobby (Low Speed) e-scooters. It also showcased...

Evtric Motors, a new venture in electric vehicle space, showcased three electric two-wheelers in high speed category- Evtric Rise (motorcycle), Evtric Mighty (scooter) and Evtric Ride Pro (scooter) at the EV India E...

MG Motor has entered into collaboration with Attero to recycle EV batteries in India. MG Motor India, in partnership with Attero, is on a mission to create a circular and sustainable EV economy in India. In doing so...

Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, announced that the 2nd generation model of its popular family sedan Honda Amaze has crossed milestone of 200,000 deliveries in India sin...

In a surprise corporate development, Gurpratap Boparai Managing Director of Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) has put in his papers with effect from January 1, 2022. The company stated that his successor...

France based Valeo has announced that the new Mercedes-Benz S-Class, capable of reaching Level 3 automation, is the first car in the world to be equipped with its LiDAR, the second-generation Valeo Scala.

Simple Energy, India’s longest range electric scooter, also among the top three EV start ups has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government for an investment up to Rs 2500 crore for co...

Spinny, a used car retailing platform in India, has announced the closure of a USD 283 million Series E funding round from new and existing investors. The round was led by Abu Dhabi based - ADQ, Tiger Global and Ave...

Ever wondered why sale of new cars has been sliding in the recent past in India? Could it be because of the increased preference among millennials and Gen Z for used cars? Young buyers, who account for 80% of buyers...

Hero Electric, India’s largest electric two-wheeler company, is the most preferred brand in the Indian EV market today, according to the latest JMK research findings. To celebrate the same, Hero Electric launched i...

Lanxess is expanding its range of halogen-free, flame-retardant, glass-fiber-reinforced polyamide 6 compounds to include Durethan BKV30FN01 and Durethan BKV30FN04 DUS064. Both products are designed for use in thick-...

MG Motor India has partnered with Clean Max Enviro Energy Solutions Pvt Ltd (Clean Max), Asia’s most trusted sustainability partner, for the supply of 4.85 MW of wind-solar hybrid power to MG’s manufacturing facilit...

TeamViewer, a leading global provider of remote connectivity and workplace digitalisation solutions, announced that Ford Motor Company is using TeamViewer’s Frontline solution to add augmented reality (AR) “See What...

Igus, the global leader in motion plastics, has announced an aggressive growth plan and strategy in the backdrop of 20 successful years of operations in India. As the 9th largest market globally and the 3rd largest ...