Autocar_Professional India Online News – Page 2

Exponent Energy Launches 15-Minute Charging Retrofit Technology for Three-Wheelers

Exponent Energy has entered the vehicle retrofit market with the launch of ‘Exponent Oto’, a technology that converts internal combustion engine three-wheelers into electric vehicles capable of charging fully in 15 minutes. The Bengaluru-based energy-tech company announced on November 7, 2025, that the technology will initially target passenger three-wheelers currently operating on CNG and LPG… Continue reading Exponent Energy Launches 15-Minute Charging Retrofit Technology for Three-Wheelers

Tesla Opens First Pop-Up Showcase in India at Gurugram’s Ambience Mall

Tesla has launched its first pop-up showcase in India at Ambience Mall in Gurugram, marking the electric vehicle company’s initial public display in the country. The event, held on November 7, 2025, attracted thousands of visitors interested in viewing Tesla’s electric vehicle technology. The showcase featured the Tesla Model Y, allowing Indian consumers their first… Continue reading Tesla Opens First Pop-Up Showcase in India at Gurugram’s Ambience Mall

Marelli Opens New R&D Facility in Bangalore

Automotive technology supplier Marelli has opened a new technical research and development site in Bangalore, India, marking a significant expansion of the company’s engineering operations in the country. The facility, which officially opened on November 5, 2025, is located in Embassy Manyata Tech Park and will accommodate 350 employees. The site joins Marelli’s existing R&D… Continue reading Marelli Opens New R&D Facility in Bangalore

India’s Auto Retail Hits Record High in October as Reforms, Festivals, and Rural Demand Ignite Sales

India’s automobile industry achieved a milestone in October 2025, with overall retail sales surging 40.5% year-on-year to an all-time high of 40.2 lakh units, according to data released by the Federation of Automobile Dealers Associations (FADA). The surge was driven by a rare confluence of factors–GST 2.0 tax reforms, back-to-back festivals, and a resurgent rural… Continue reading India’s Auto Retail Hits Record High in October as Reforms, Festivals, and Rural Demand Ignite Sales

TVS Motor to sell stake in Rapido to Accel India, Prosus for Rs 287 crore

Three years after the strategic partnership, TVS Motor Company has decided to divest its shares in the Bengaluru-based ride-hailing startup Rapido. The two-and-three-wheeler maker will sell its stake in Rapido to investment firms Accel India and Prosus for Rs 287.93 crore. TVS Motor said it will sell 11,997 Series D compulsory convertible preference shares (CCPS)… Continue reading TVS Motor to sell stake in Rapido to Accel India, Prosus for Rs 287 crore

Pricol Ltd Reports 41.98% Rise in Net Profit in Q2FY26

Pricol Limited reported a 41.98% year-on-year rise in consolidated net profit after tax at Rs 63.99 crore during Q2FY26, the company stated in a regulatory filing. The Coimbatore-based automotive components manufacturer saw its revenue from operations reach Rs 987.93 crore, marking a 51.97% year-on-year increase during Q2FY26 compared with the same period last year. The… Continue reading Pricol Ltd Reports 41.98% Rise in Net Profit in Q2FY26

Minda Corp to Invest Rs 2,000 Crore in 5 Years

Auto component major Minda Corp has earmarked a capital expenditure of Rs 2,000 crore over the next five years as the company looks to grow significantly by the end of this decade, driven by higher contributions from the passenger vehicle business, premiumization, electrification, and exports. The company is targeting 20–25% CAGR growth in its topline… Continue reading Minda Corp to Invest Rs 2,000 Crore in 5 Years

SKF Unveils ARCTIC15 Bearing Steel for Next-Generation Aircraft Engines

SKF has announced the development of ARCTIC15, a patented bearing steel designed to enable advanced aeroengine architectures as the aviation sector works toward significant emissions reductions. The new material addresses industry requirements for rolling bearings capable of operating at higher power densities and speeds beyond current design parameters. Aircraft manufacturers are developing engines aimed at… Continue reading SKF Unveils ARCTIC15 Bearing Steel for Next-Generation Aircraft Engines

e2W industry consolidating, don’t mind market share loss in interim: Ola Electric

Growth in India’s electric two-wheeler market has slowed in recent months, and former market leader Ola Electric has seen its share erode sharply to rivals such as TVS, Bajaj, Ather and Hero MotoCorp, slipping to fourth position this year. Ola Electric Founder, Chairman and MD Bhavish Aggarwal believes the electric two-wheeler market is undergoing consolidation.… Continue reading e2W industry consolidating, don’t mind market share loss in interim: Ola Electric