ACS Energy, a Mumbai-based electric vehicle charging infrastructure startup, has secured INR 1.1 crore in a pre-seed funding round led by Inflection Point Ventures. The company operates as Ayka Control Systems Pvt. Ltd and positions itself as India’s first EV charging platform to integrate UPI payment functionality. Founded in 2022, ACS Energy has developed charging… Continue reading ACS Energy Raises INR 1.1 Crore to Expand UPI-Enabled EV Charging Network
Author: Autocar_Professional India Online News
ElektrikExpress Deploys 500 Electric Vehicles Across Six Indian Cities
ElektrikExpress, an AI-driven urban mobility platform, has deployed 500 electric delivery vehicles across six major Indian cities as part of its expansion into the last-mile logistics sector. The Pune-based company has established operations in Delhi, Gurgaon, Noida, Pune, Mumbai, and Thane, with signed agreements with 10 quick-commerce partners. The firm plans to scale its fleet… Continue reading ElektrikExpress Deploys 500 Electric Vehicles Across Six Indian Cities
Audi Unveils F1 Design Ahead of 2026 Debut
Audi has provided the first glimpse of its Formula 1 identity with the unveiling of the R26 Concept at its Brand Experience Center in Munich, 115 days before the team’s competitive debut in March 2026. The concept car previews the color scheme and design language that will feature on Audi’s first Formula 1 race car,… Continue reading Audi Unveils F1 Design Ahead of 2026 Debut
Toyota Confirms Fresh $10 Billion Investment in the US
Toyota Motor Corporation (Toyota) has announced an additional investment of up to US$ 10 billion (Rs 83,310 crore) in the United States over the next five years. This will bring the company’s total U.S. investment to nearly US$ 60 billion since beginning operations in the US nearly 70 years ago. The Japanese carmaker’s mega investment… Continue reading Toyota Confirms Fresh $10 Billion Investment in the US
Kia Carens Crosses 250,000 Units, Carens Clavis and Clavis EV Rev up Demand
The Kia Carens premium MPV, launched in India on February 15, 2022, has driven past the 250,000 sales mark in the domestic market. As per SIAM wholesales data, cumulative sales at the end of September 2015 are 252,613 units. Add 28,566 export units and the combined domestic and export sales of the Carens add up… Continue reading Kia Carens Crosses 250,000 Units, Carens Clavis and Clavis EV Rev up Demand
Mahindra and Manulife Form Equal Partnership for Indian Life Insurance Venture
Mahindra & Mahindra Ltd. and Manulife Financial Corporation announced Wednesday they have agreed to establish a 50-50 life insurance joint venture in India, pending regulatory approval. The partnership combines Mahindra’s extensive distribution network in rural and semi-urban areas with Manulife’s agency capabilities targeting urban customers. Each company has committed up to Rs 3,600 crores ($400… Continue reading Mahindra and Manulife Form Equal Partnership for Indian Life Insurance Venture
Ashok Leyland Sets a Sights on 25,000 Export Units
Ashok Leyland management has set ambitious targets for its export business, aiming for an annual volume of 18,000 units in the current financial year (FY26). Looking further ahead, the midterm target, spanning the next two to three years, is a formidable 25,000 units per year, the company stated during a post results conference call with… Continue reading Ashok Leyland Sets a Sights on 25,000 Export Units
Diversification Cuts Ashok Leyland’s Break-Even Cost
Chennai-based Ashok Leyland, is quietly reshaping its business away from the traditional heavy truck segment. In its latest earnings update to the analyst during the Q2FY26 post results earnings call, the company revealed a striking drop in its break-even volume, now just 1,000 to 1,200 vehicles a month, down from the previous 6,000 to 7,000.… Continue reading Diversification Cuts Ashok Leyland’s Break-Even Cost
Uber Introduces Self-Onboarding for Teen Accounts in India
Uber has launched a self-onboarding feature in India that allows teenagers to create their own accounts on the platform, the company announced on Tuesday. The update to Uber’s Teens product enables young users to sign up independently by linking their accounts directly, though guardian approval remains mandatory. Parents and guardians will maintain full visibility and… Continue reading Uber Introduces Self-Onboarding for Teen Accounts in India
Gabriel India Revises Joint Venture Terms with Inalfa for Sunroof Systems Business
Gabriel India Limited announced on November 12, 2025, that its board of directors has approved the initialization of a revised joint venture agreement with Inalfa Roof Systems Group B.V. for their sunroof systems business. Under the new structure, Inalfa will hold a 35% stake in Inalfa Gabriel Sunroof Systems Private Limited (IGSSPL), while Gabriel India… Continue reading Gabriel India Revises Joint Venture Terms with Inalfa for Sunroof Systems Business