Cummins India Launches Battery Energy Storage Systems for Domestic Market

Cummins India today announced the launch of its Battery Energy Storage Systems (BESS) to support India’s clean energy transition. The company will offer the systems in 10ft and 20ft containers with energy outputs ranging from 200 kWh to 2 MWh. The new BESS range is equipped with lithium iron phosphate batteries and features liquid cooling… Continue reading Cummins India Launches Battery Energy Storage Systems for Domestic Market

Geopolitical Tensions Impact Passenger Vehicle Sales in May 2025; Two-Wheeler Segment Shows Resilience: ICRA

The Indian passenger vehicle (PV) industry witnessed a 13.6% contraction in retail sales in May 2025 compared to April 2025, with volumes dropping to 3,02,214 units from 3,49,939 units. According to ICRA, subdued consumer sentiment driven by heightened geopolitical tensions in northern India following the India-Pakistan conflict, impacted demand despite continued discounting by automakers. In… Continue reading Geopolitical Tensions Impact Passenger Vehicle Sales in May 2025; Two-Wheeler Segment Shows Resilience: ICRA

Indian Motorcycle Announces 2025 Price List for Heavyweight Models in India

Indian Motorcycle, a division of Polaris Industries has released its official price list for Model Year 2025 heavyweight motorcycles in India. The updated prices apply to the Chief, Indian Springfield, Chieftain, Challenger, Pursuit, and Roadmaster series. Prices for the Chief range begin at ₹23.52 lakh, Indian Springfield at ₹41.96 lakh, Challenger at ₹36.12 lakh, Chieftain… Continue reading Indian Motorcycle Announces 2025 Price List for Heavyweight Models in India

Mahindra Launches Bolero MaXX Pik-Up HD 1.9 CNG at ₹11.19 Lakh

Mahindra & Mahindra introduced its Bolero MaXX Pik-Up HD 1.9 CNG at an ex-showroom price of ₹11.19 lakh. The new variant offers a payload capacity of 1.85 tonnes and is equipped with a 2.5-litre turbocharged CNG engine producing 61 kW and 220 Nm torque between 1,200–2,200 rpm. The vehicle comes with a 180-litre CNG tank… Continue reading Mahindra Launches Bolero MaXX Pik-Up HD 1.9 CNG at ₹11.19 Lakh

Elektrobit and Foxconn to Develop EV.OS Software Platform for Software-Defined Electric Vehicles

Elektrobit, a provider of embedded automotive software, announced today that it has signed a joint development agreement with Foxconn (Hon Hai Technology Group) to create EV.OS, a new AI-centric automotive software platform. The companies plan to support the automotive industry’s shift toward software-defined electric vehicles with this collaboration. EV.OS will serve as a base software… Continue reading Elektrobit and Foxconn to Develop EV.OS Software Platform for Software-Defined Electric Vehicles

ASK Automotive Board Approves Joint Venture with T.D. Holding GMBH for Sunroof Cable Manufacturing

ASK Automotive Limited has announced that its Board of Directors has approved the formation of a joint venture with T.D. Holding GMBH (TDH), aimed at manufacturing, marketing, and selling sunroof control cables and helix cables for passenger vehicles. In a meeting held on June 25, 2025, the Board gave the green signal to move forward… Continue reading ASK Automotive Board Approves Joint Venture with T.D. Holding GMBH for Sunroof Cable Manufacturing

FASTag Annual Pass Implementation Expected to Reduce Toll Operator Revenues by 4-8%: CRISIL

The National Highways Authority of India’s announcement of a Rs 3,000 FASTag annual pass for private vehicles will reduce toll road operators’ revenues by 4-8%, according to a Crisil Ratings assessment released on June 25, 2025. The rating agency analyzed 40 operational toll road projects to evaluate the impact of the new pricing structure, which… Continue reading FASTag Annual Pass Implementation Expected to Reduce Toll Operator Revenues by 4-8%: CRISIL

Bosch Commits 2.5 Billion Euros to AI Development by 2027

Bosch announced plans to invest more than 2.5 billion euros in artificial intelligence development by the end of 2027, positioning AI as a key growth driver for the German technology company. The investment strategy focuses on AI-based solutions for assisted and automated driving, with the company targeting sales of well over 10 billion euros by… Continue reading Bosch Commits 2.5 Billion Euros to AI Development by 2027

JSW MG Motor India Announces Price Hike of Up to 1.5% from July 1

JSW MG Motor India has announced a price hike of up to 1.5% across the majority of its product portfolio, effective July 1, 2025. The extent of the increase will vary depending on the specific model and variant. The company stated that the revision is intended to address rising input costs and other macroeconomic pressures.… Continue reading JSW MG Motor India Announces Price Hike of Up to 1.5% from July 1

Elektrobit and Foxconn Sign Joint Development Agreement for AI-Centric Automotive Platform

Elektrobit has signed a joint development agreement with Hon Hai Technology Group (Foxconn) to develop EV.OS, an AI-centric software platform designed for software-defined electric vehicles. The partnership between the automotive software specialist and the global electronics manufacturer aims to create industry-first scaling supply chain innovations for the mobility sector. The collaboration will produce a comprehensive… Continue reading Elektrobit and Foxconn Sign Joint Development Agreement for AI-Centric Automotive Platform