KTM expands motorcycle portfolio in India with 10 new models across various segments

KTM has introduced a range of 10 high-performance motorcycles in India, covering four key segments: Naked, Travel, Off-road Enduro, and Off-road Motocross. These models include the KTM 1390 SuperDuke R, priced at Rs 22.96 lakh, the KTM 890Duke R at Rs 14.50 lakh, and the KTM 1290 SUPER Adventure S at Rs 22.74 lakh. Additionally,… Continue reading KTM expands motorcycle portfolio in India with 10 new models across various segments

Exide to commercialize Li-ion cell manufacturing with 6 GWh capacity by FY26 end

Battery major Exide Industries, which is nearing the completion of its lithium-ion cell battery manufacturing facility, expects to commercialize the plant with a capacity of 6 GWh under the first phase towards the end of the financial year 2026. “The construction work including the main cell, admin and warehouse buildings is closer to completion. Equipment… Continue reading Exide to commercialize Li-ion cell manufacturing with 6 GWh capacity by FY26 end

Audi India begins bookings for New Q7 SUV ahead of November launch

Audi India has announced the opening of bookings for its new Audi Q7 model, available with an initial booking fee of INR 2,00,000. Customers can reserve their vehicle through the Audi India website or the ‘myAudi connect’ app. The Audi Q7, locally assembled at the SAVWIPL plant in Aurangabad, is scheduled for its official launch… Continue reading Audi India begins bookings for New Q7 SUV ahead of November launch

IIT Kanpur and Zynetic collaborate to improve EV charging technology

The Indian Institute of Technology Kanpur (IITK) has entered into a Memorandum of Understanding (MoU) with Zynetic Electric Vehicles Charging Private Limited, a company involved in the development, operation, and management of electric vehicle (EV) charging stations. This partnership is intended to support the innovation and deployment of advanced AC and DC fast chargers for… Continue reading IIT Kanpur and Zynetic collaborate to improve EV charging technology

Rapido records 2.5x gross order value growth, 2x ride orders growth 

Low-cost mobility platform Rapido, reported a 2.5 times increase in Gross Order Value (GOV) in the latest quarter to Rs 2,461 crores from Rs 977 Crores in Q2FY24. Additionally, the number of ride orders doubled, reaching 207 million compared to 106 million rides the previous year. The company attributed this growth to a larger user… Continue reading Rapido records 2.5x gross order value growth, 2x ride orders growth 

Maxvolt Energy introduces new features to enhance electric two-wheeler battery safety 

Lithium battery manufacturer, Maxvolt Energy Industries Ltd, introduced a new generation of electric two-wheeler (e2w) battery packs featuring advanced safety and performance enhancements. Designed to provide electric vehicle (EV) users with a safer, more efficient power source, these batteries are equipped with modern technology aimed at improving the overall EV experience. Maxvolt’s new battery lineup… Continue reading Maxvolt Energy introduces new features to enhance electric two-wheeler battery safety 

Mahindra Thar Roxx, XUV 3XO and XUV400 ace Bharat NCAP crash test with 5-star rating

Leading SUV manufacturer, Mahindra & Mahindra Ltd’s latest models— the Thar ROXX, XUV 3XO, and XUV400 have each earned a 5-star rating from the Bharat New Car Assessment Programme (Bharat-NCAP). The Thar ROXX is the first body-on-frame SUV to receive a 5-star Bharat-NCAP rating, scoring the highest points for any internal combustion engine (ICE) vehicle… Continue reading Mahindra Thar Roxx, XUV 3XO and XUV400 ace Bharat NCAP crash test with 5-star rating

Scooters power two-wheeler industry’s best-ever October dispatches of 2.16 million units

The festive month of October 2024, which had both Dussehra and Diwali embedded in it, turned out to be the best-ever October volume-wise for the Indian two-wheeler industry. Understandably so, given that the leading vehicle manufacturers would have ensured that their dealers across the country were stocked with the best-selling and popular models, even as… Continue reading Scooters power two-wheeler industry’s best-ever October dispatches of 2.16 million units

Bosch posts 6.4% revenue growth in Q2 driven by passenger car and genset sales

Bosch Ltd, a major supplier of technology and services, has reported a total revenue from operations of ₹4,394 crore in the second quarter of FY25, marking a 6.4% increase over the same quarter last year. The company attributed this growth primarily to higher sales in passenger vehicles and the off-highway genset applications segment. Profit after… Continue reading Bosch posts 6.4% revenue growth in Q2 driven by passenger car and genset sales

Minda Corporation achieves record revenue in Q2 FY25

Minda Corporation Limited, a leading automotive component manufacturer and the flagship company of Spark Minda, released its financial results for Q2 and H1 FY25, recording its highest-ever quarterly consolidated revenue of Rs. 1,290 crore, representing an 8% year-on-year growth. The company also achieved an EBITDA of Rs. 147 crore with an 11.4% margin, a 38… Continue reading Minda Corporation achieves record revenue in Q2 FY25