Oben Electric has raised Rs 85 crore in its Pre-Series B funding round, with participation from Indian American family offices including Raj K Soin, Musa Dakri, and Ramesh Bhutada, along with existing investors. The electric motorcycle manufacturer plans to use the funds for national retail expansion and new product launches, targeting Rs 100 crore revenue… Continue reading Oben Electric Raises Rs 85 Crore in Pre-Series B Funding Round
Author: Autocar_Professional India Online News
Maruti Suzuki WagonR Crosses 35 Lakh Production Units
Maruti Suzuki India Limited has achieved cumulative production of 35 lakh units of the WagonR across three generations since its launch in December 1999. The vehicle is currently manufactured at the company’s facilities in Gurugram and Manesar in Haryana, joining Alto and Swift as the only Maruti Suzuki models to cross this production milestone. The… Continue reading Maruti Suzuki WagonR Crosses 35 Lakh Production Units
LG Energy Solution Terminates $6.5 Billion Battery Supply Deal with Ford: Reuters
LG Energy Solution has terminated an electric vehicle battery supply contract with Ford Motor worth approximately 9.6 trillion won ($6.5 billion), the South Korean battery manufacturer announced in a regulatory filing on Wednesday, according to Reuters. The termination followed notification from Ford after the automaker decided to halt production of some EV models due to… Continue reading LG Energy Solution Terminates $6.5 Billion Battery Supply Deal with Ford: Reuters
Nissan to Launch 7-Seater B-MPV Gravite in Early 2026
Nissan Motor India will launch its 7-seater B-MPV named Gravite in early 2026 as the first model under the company’s revitalized product strategy for India. The vehicle will be manufactured locally at Renault’s Chennai facility and is part of a three-model product roadmap announced in July 2024. The product offensive includes the Gravite launch in… Continue reading Nissan to Launch 7-Seater B-MPV Gravite in Early 2026
Battery Smart Completes 100 Million EV Battery Swaps, Launches Rs 10 Crore Driver Welfare Fund
Battery Smart has become India’s first company to complete 100 million battery swaps across its electric two- and three-wheeler network, achieving the milestone nearly five years after its founding. The company announced a Rs 10 crore Driver Welfare Fund 2026 to provide insurance, financial protection, rewards, and skill development for approximately 1 lakh EV drivers.… Continue reading Battery Smart Completes 100 Million EV Battery Swaps, Launches Rs 10 Crore Driver Welfare Fund
Skoda Kylaq demand crosses 43,000 units in 11 months, more than doubles Skoda India sales
Eleven months into its launch, the Skoda Kylaq compact SUV has gone past 43,000 units in wholesales. As per SIAM statistics, between January and November 2025, Skoda India has dispatched a total of 43,204 units to its dealers across the country. The Kylaq has benefited from being part of the compact SUV segment, which is… Continue reading Skoda Kylaq demand crosses 43,000 units in 11 months, more than doubles Skoda India sales
Supreme Court Reinstates Ban on Older Vehicles in Delhi-NCR
The Supreme Court has modified its earlier order to allow authorities to take action against 10-year-old diesel vehicles and 15-year-old petrol vehicles that do not meet BS-IV emission standards in the National Capital Region, according to CNBC. The ruling modifies the court’s August 12 order, which had barred coercive action against owners of such vehicles,… Continue reading Supreme Court Reinstates Ban on Older Vehicles in Delhi-NCR
Esyasoft e-Mobility and Park+ Partner to Deploy 10,000 EV Chargers Across India
Esyasoft e-Mobility and Park+ have announced a strategic partnership to install 10,000 electric vehicle chargers across India over the next three years, representing a ₹100 crore investment aimed at strengthening the country’s EV charging infrastructure. The collaboration combines Park+’s extensive network across residential societies, corporate campuses, and commercial properties with Esyasoft e-Mobility’s AI-enabled charging platform… Continue reading Esyasoft e-Mobility and Park+ Partner to Deploy 10,000 EV Chargers Across India
Kerala Advances India’s First State-Led Electric Truck Corridor on NH-66
Kerala is positioning itself to establish India’s first state-led electric truck corridor along National Highway 66, a critical freight route that handles substantial port and industrial cargo movement across the state. The Kerala State Electricity Board Limited and the International Council on Clean Transportation convened a high-level workshop bringing together government officials, utilities, electric vehicle… Continue reading Kerala Advances India’s First State-Led Electric Truck Corridor on NH-66
From Auto Parts to Systems: How Divgi TorqTransfer Is Rewriting Its Growth Playbook
When Divgi TorqTransfer Systems Ltd listed on the stock market in 2023, the move was not driven by short-term capital needs or a desire for visibility. For managing director Jitendra Divgi, the IPO marked the starting line of a much longer race, one aimed at building a ₹1,000 crore drivetrain business by the end of… Continue reading From Auto Parts to Systems: How Divgi TorqTransfer Is Rewriting Its Growth Playbook