Honda to Buy Batteries from Toyota’s US Plant to Avert Tariff Risks: Report 

Honda Motor will purchase batteries for its hybrid vehicles from Toyota Motor’s plant USA, in a bid to curtail tariff risks under the Trump Administration, Reuters reported citing the Nikkei newspaper.  Nikkei said that from fiscal 2025, Honda will use Toyota’s batteries manufactured in the USA for roughly 400,000 vehicles, which will be enough for… Continue reading Honda to Buy Batteries from Toyota’s US Plant to Avert Tariff Risks: Report 

Eicher Trucks and Magenta Mobility Launch 100 Eicher Pro X Electric Trucks

Eicher Trucks and Buses, a division of VE Commercial Vehicles (VECV), has partnered with Magenta Mobility to supply the newly launched Eicher Pro X small electric truck. The collaboration begins with an initial order of 100 units, with the first batch featuring a 1.7-tonne payload set for deployment across key markets, including Mumbai, Delhi NCR,… Continue reading Eicher Trucks and Magenta Mobility Launch 100 Eicher Pro X Electric Trucks

Omega Seiki and Clean Electric Launch Rs 3.55 Lakh Electric Three-Wheeler with 300 km Range

Omega Seiki Pvt. Ltd., in collaboration with Clean Electric, has launched the Omega Seiki NRG, an electric passenger three-wheeler designed to offer an extended driving range. Priced at Rs 3.55 lakh (ex-showroom), the vehicle is claimed to deliver a range of over 300 km on a single charge. It is equipped with a 15 kWh… Continue reading Omega Seiki and Clean Electric Launch Rs 3.55 Lakh Electric Three-Wheeler with 300 km Range

Daimler Truck’s Battery-Electric Truck Sales Increase 17% in 2024

Daimler Truck, the parent company of Daimler India Commercial Vehicles (DICV), announced its financial results for 2024, reporting a strong performance despite weakened demand in key markets such as Europe and Asia. The company highlighted a notable 17% increase in sales of battery-electric trucks, alongside a 12% rise in Free Cash Flow of its Industrial… Continue reading Daimler Truck’s Battery-Electric Truck Sales Increase 17% in 2024

Hyundai Motor Wins 18 iF Design Awards in 2025

Hyundai Motor Company and its Robotics LAB have secured 18 iF Design Awards for 2025, demonstrating the company’s commitment to innovative design across various sectors. The awards span eight disciplines and 12 categories, including automotive, product concepts, industry, service design, interior architecture, user experience, campaigns, publishing, and branding. “This recognition from iF Design Award is… Continue reading Hyundai Motor Wins 18 iF Design Awards in 2025

Billion Electric Mobility Appoints Sanjeev Kulkarni as CEO

Billion Electric Mobility (BillionE), an E-Mobility-as-a-Service (eMaaS) platform, has appointed Sanjeev Kulkarni as its new Chief Executive Officer. Previously serving as Chief Operating Officer, Kulkarni brings over three decades of experience in the automotive and manufacturing sectors, specializing in business expansion, product development, and strategic execution.   With a background that includes leadership roles at… Continue reading Billion Electric Mobility Appoints Sanjeev Kulkarni as CEO

Audi to Slash 7,500 Jobs in Administration, Development by 2029: Report

Audi will slash up to 7,500 jobs in Germany by 2029 in the administration and development departments, in an attempt to curb costs, the carmaker said.  The planned measures, agreed on Monday by labour representatives and management, could effectively help the company save 1 billion euros each year in the medium term, Reuters reported. Audi… Continue reading Audi to Slash 7,500 Jobs in Administration, Development by 2029: Report

Eicher Trucks and Buses Partners with Magenta Mobility for Electric Fleet Deployment

Eicher Trucks and Buses, a business unit of VE Commercial Vehicles, announced today the commencement of supplying its Pro X electric trucks to Magenta Mobility. The logistics solutions provider has placed an initial order of 100 units, with phased deployment across Mumbai, Delhi NCR, Bangalore, Hyderabad, and Chennai. The first batch of Eicher Pro X… Continue reading Eicher Trucks and Buses Partners with Magenta Mobility for Electric Fleet Deployment

EXCLUSIVE! Bajaj Freedom 125 CNG hits 50,000 sales, Maharashtra top buyer

The Bajaj Freedom 125, the world’s first CNG-powered motorcycle, has crossed 50,000-unit retail sales in the domestic market, as per the latest data from the Vahan portal (March 18, 2025, 9am). Launched on July 5, 2024, the Bajaj Freedom 125 has taken less than 9 months – eight months and 12 days to be precise… Continue reading EXCLUSIVE! Bajaj Freedom 125 CNG hits 50,000 sales, Maharashtra top buyer

EXCLUSIVE! Bajaj Freedom 125 CNG hits 50,000 sales, Maharashtra top buyer

The Bajaj Freedom 125, the world’s first CNG-powered motorcycle, has crossed 50,000-unit retail sales in the domestic market, as per the latest data from the Vahan portal (March 18, 2025, 9am). Launched on July 5, 2024, the Bajaj Freedom 125 has taken less than 9 months – eight months and 12 days to be precise… Continue reading EXCLUSIVE! Bajaj Freedom 125 CNG hits 50,000 sales, Maharashtra top buyer