Autocar_Professional India Online News – Page 182

Kinetic Engineering Grants Brand License for EV Expansion

Kinetic Engineering Limited (KEL) has granted a brand license to its subsidiary, Kinetic Watts and Volts Ltd. (KWV), marking the entry of the Kinetic brand into the electric vehicle (EV) market. KWV, incorporated on September 27, 2022, was established to explore opportunities in the EV space and is now preparing to unveil its product portfolio,… Continue reading Kinetic Engineering Grants Brand License for EV Expansion

Kia India inks MoU with IIT Tirupati to drive industry-academia collaboration

Kia has announced that the Kia India Regional Headquarters has signed an MoU with IIT Tirupati on May 9, 2025. The Indian Institute of Technology (IIT), as is well known, is a top-tier engineering education institution with 23 campuses across India. Kia India has signed the first industry-academia cooperation MOU with IIT Tirupathi, the region’s… Continue reading Kia India inks MoU with IIT Tirupati to drive industry-academia collaboration

Kia India inks MoU with IIT Tirupati to drive industry-academia collaboration

Mahindra Thar drives past 250,000 sales, Thar Roxx snaps up 45% share in FY2025

The Mahindra Thar SUV has driven past the 250,000 sales milestone in the Indian domestic market. As per SIAM wholesales numbers, total sales of the Thar from launch in October 2020 through to end-April 2025 are 259,921 units. Launched first as a three-door model, the Thar received a five-door sibling and a sales accelerator in… Continue reading Mahindra Thar drives past 250,000 sales, Thar Roxx snaps up 45% share in FY2025

Greaves Electric gets SEBI approval for IPO

Capital market regulator Securities and Exchange Board of India has approved electric vehicle maker Greaves Electric Mobility’s proposed initial public offering (IPO). Greaves Electric is the third electric two-wheeler after Ola Electric and Ather Energy to tap capital markets. The Bengaluru-based company is the electric mobility arm of Greaves Cotton Ltd. It manufactures and sells… Continue reading Greaves Electric gets SEBI approval for IPO

Tata Motors Sees Brighter FY26 for CV, PV Segments; Awaits Tariff Clarity

Tata Motors Ltd is optimistic about delivering better sales and earnings from its passenger vehicle (PV) and commercial vehicle (CV) businesses in FY26, but lacks clarity on Jaguar Land Rover (JLR) due to ongoing global tariff developments, Group CFO PB Balaji said on Tuesday. “We can give you better numbers as far as CV and… Continue reading Tata Motors Sees Brighter FY26 for CV, PV Segments; Awaits Tariff Clarity

Tata Motors Sees CV Business on Solid Footing, Optimistic About Growth

Tata Motors is entering FY26 with renewed confidence in its Commercial Vehicle (CV) business, citing a resilient financial performance, a strong product cadence, and improving market share across key segments—even as the broader market navigates global uncertainties and demand-side pressures. Group CFO P B Balaji said the company’s CV operations are now on firmer ground,… Continue reading Tata Motors Sees CV Business on Solid Footing, Optimistic About Growth

Tata Motors Says Demerger on Track

Tata Motors Ltd.’s plan to split its automotive business into two separate listed entities is progressing as scheduled, having cleared a significant hurdle with shareholder approval. The company’s Group Chief Financial Officer, P. B. Balaji, stated that the “demerger is on track”. Shareholders demonstrated strong support for the proposal on May 6th, with an overwhelming… Continue reading Tata Motors Says Demerger on Track

Tata Motors CV Exports Up, Domestic Sales Down

Tata Motors reported a decline in domestic wholesale commercial vehicle (CV) volumes, but saw exports grow briskly, albeit on a low base in the fourth quarter of FY25. Domestic CV volumes fell by 4.8% year-over-year to approximately 100,000 units, while exports surged by 29.4% to nearly 6,000 units during the same period. The company attributed… Continue reading Tata Motors CV Exports Up, Domestic Sales Down

Tata Motors Faces EV Fleet Demand Slump, Pins Recovery on New Launches

Tata Motors Ltd.’s electric vehicle (EV) sales have been on a downward trajectory this fiscal year, with its market share plunging to 36% in April this year—down sharply from 61% in the same period last year. While the company attributes it to the rollback of government incentives impacting the fleet segment buyers, mounting competition from… Continue reading Tata Motors Faces EV Fleet Demand Slump, Pins Recovery on New Launches