Jay Bharat Maruti Limited (JBML) has increased its stake in JBM Ogihara Die-Tech (P) Ltd. (JODT) from 39% to 49% by acquiring an equity stake from its joint venture partner, Ogihara Thailand Co. Ltd. (OTC). JBML, a manufacturer of auto systems and assemblies and a Tier 1 supplier to Maruti Suzuki India Ltd., announced the… Continue reading Jay Bharat Maruti Ltd. Increases Stake in JBM Ogihara Die Tech
Author: Autocar_Professional India Online News
Mercedes-Benz India and DPIIT Collaborate to Support Startup Ecosystem
Mercedes-Benz India has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, to promote innovation, sustainability, and entrepreneurship within the country’s startup ecosystem. As part of this collaboration, Mercedes-Benz India will provide product startups, innovators, and entrepreneurs with… Continue reading Mercedes-Benz India and DPIIT Collaborate to Support Startup Ecosystem
Hala Mobility Partners with iGowise to Deploy 2,000 Electric Trikes for Last-Mile Delivery
Hala Mobility, an EV-as-a-service platform, has announced a partnership with iGowise Mobility to deploy 2,000 high-speed electric trikes for last-mile delivery operations in cities including Hyderabad and Bangalore. The partnership aims to address inefficiencies in last-mile logistics through purpose-built, anti-topple electric vehicles manufactured in India. Under the agreement, iGowise will supply its BeiGo electric pickup… Continue reading Hala Mobility Partners with iGowise to Deploy 2,000 Electric Trikes for Last-Mile Delivery
Women Driving Change: Spinny Reports Surge in Female Car Buyers
Women are increasingly taking the driver’s seat in India’s automotive market, according to recent data released by Spinny, the country’s leading full-stack used car platform. The company reports that women comprised 26% of its customer base in 2024, up from 16% in 2023. Even more striking, by March 2025, that figure has nearly doubled to… Continue reading Women Driving Change: Spinny Reports Surge in Female Car Buyers
Sai Sridhar Appointed as Managing Director of Elektrobit India
Elektrobit has appointed Sai Sridhar as the Managing Director of Elektrobit India. In his new role, Sridhar will oversee business operations and focus on sustainable growth in the Indian market. He replaces Satish Sundaresan, who has moved to Lumax Auto Technologies as Chief Technology Officer (CTO). Sridhar will continue to serve as the Chief… Continue reading Sai Sridhar Appointed as Managing Director of Elektrobit India
KPIT Sparkle 2025 Recognises Student Innovations in Mobility and Energy
KPIT Technologies has announced the winners of KPIT Sparkle 2025, its annual innovation competition for undergraduate engineering students. The 11th edition of the event saw participation from over 28,000 students from 731 colleges globally, with more than 1,300 ideas submitted across ten themes, including artificial intelligence, sustainability, cybersecurity, and energy storage. After seven months of… Continue reading KPIT Sparkle 2025 Recognises Student Innovations in Mobility and Energy
Ducati to Launch 14 New Products in India in CY25
Italian sports motorcycle marque Ducati is set to introduce 14 new products in the Indian market in CY25. On March 5, the company introduced the 2025 edition of its flagship Panigale brand with the latest Ducati Panigale V4 and Panigale V4 S, priced at Rs 29.9 lakh, and Rs 36.5 lakh, ex-showroom, respectively. Riding the… Continue reading Ducati to Launch 14 New Products in India in CY25
Maruti’s Retail Market Share Hits 2-Year Low in February
In a concerning development for India’s long-standing automotive leader, Maruti Suzuki’s market share in the passenger vehicle segment plummeted to a two-year low of 38.94% in February 2025, according to data released by the Federation of Automobile Dealers Associations (FADA). This significant decline marks a stark contrast from the company’s commanding position just a few… Continue reading Maruti’s Retail Market Share Hits 2-Year Low in February
India’s Electric Vehicle Market Gains Momentum Despite Challenges: BNPP Report
India’s electric vehicle sector continues its upward trajectory, with notable growth across two-wheelers (E2W), three-wheelers (E3W), and passenger vehicles (EPV) in February 2025. According to BNP Paribas’ latest sector research report, EV penetration improved month-on-month across all segments, though certain market dynamics led to fluctuations in sales volumes and market share redistribution among key players.… Continue reading India’s Electric Vehicle Market Gains Momentum Despite Challenges: BNPP Report
EKA Mobility Appoints Mohit Sharma as Chief Human Resource Officer
EKA Mobility, a company specializing in electric vehicles and technology, has announced the appointment of Mohit Sharma as its Chief Human Resource Officer (CHRO). Sharma brings 27 years of experience in human resources, having held leadership roles at companies such as Whirlpool, VVF Group, and Parle Agro. His areas of expertise include talent management,… Continue reading EKA Mobility Appoints Mohit Sharma as Chief Human Resource Officer