BorgWarner has secured a new contract to supply dual inverters to a major Chinese original equipment manufacturer (OEM) for use in hybrid electric vehicles. The project is set to enter mass production by the end of 2025, marking a continuation of the companies’ collaboration in the new energy vehicle (NEV) sector that began with a… Continue reading BorgWarner Awarded New Dual Inverter Contract by Major Chinese OEM
Category: US Motoring Press
EXCLUSIVE: Adrian Mardell, CEO of Jaguar Land Rover Retires after 35-Year Career
Adrian Mardell, Jaguar Land Rover (JLR) ‘s chief executive officer, has announced his decision to retire, ending a distinguished 35-year career with the company. The company confirmed that his successor will be announced in due course. “Adrian Mardell has expressed his desire to retire from JLR after three years as CEO and 35 years with… Continue reading EXCLUSIVE: Adrian Mardell, CEO of Jaguar Land Rover Retires after 35-Year Career
EXCLUSIVE: Adrian Mardell, CEO of Jaguar Land Rover Retires after 35-Year Career
Adrian Mardell, Jaguar Land Rover (JLR) ‘s chief executive officer, has announced his decision to retire, ending a distinguished 35-year career with the company. The company confirmed that his successor will be announced in due course. “Adrian Mardell has expressed his desire to retire from JLR after three years as CEO and 35 years with… Continue reading EXCLUSIVE: Adrian Mardell, CEO of Jaguar Land Rover Retires after 35-Year Career
Eicher Motors Q1FY26 Net Profit Rises 9% YoY; Margins Narrow Amid Higher Costs
Eicher Motors Ltd delivered a steady set of earnings in the April-June quarter of FY26, driven by strong growth in its Royal Enfield motorcycle and VE Commercial Vehicles (VECV) businesses. The company posted a consolidated net profit of ₹1,205.22 crore, up 9.4% year-on-year from ₹1,101.46 crore in the same period last year. Total revenue from… Continue reading Eicher Motors Q1FY26 Net Profit Rises 9% YoY; Margins Narrow Amid Higher Costs
India’s Electric Two-Wheeler Market Accelerates Amid Policy Shifts, Premiumisation Trend: CRISIL
India’s electric two-wheeler industry has reached a significant milestone, with retail sales hitting 1.15 million units in fiscal 2025, marking a remarkable 86% compound annual growth rate since fiscal 2019, according to a new report by Crisil Intelligence. The industry’s evolution from a subsidy-dependent market to one driven by consumer demand and product innovation signals… Continue reading India’s Electric Two-Wheeler Market Accelerates Amid Policy Shifts, Premiumisation Trend: CRISIL
India’s Electric Two-Wheeler Market Accelerates Amid Policy Shifts, Premiumisation Trend: CRISIL
India’s electric two-wheeler industry has reached a significant milestone, with retail sales hitting 1.15 million units in fiscal 2025, marking a remarkable 86% compound annual growth rate since fiscal 2019, according to a new report by Crisil Intelligence. The industry’s evolution from a subsidy-dependent market to one driven by consumer demand and product innovation signals… Continue reading India’s Electric Two-Wheeler Market Accelerates Amid Policy Shifts, Premiumisation Trend: CRISIL
Sundram Fasteners Reports Highest-Ever Revenue and PAT in Q1
Sundram Fasteners Limited (SFL) reported its highest-ever quarterly net profit of Rs 138.35 crore in Q1FY26, a 5.1% increase from Rs 131.64 crore in the same period last year. Revenue from operations rose to Rs 1,350.17 crore, up 3% from Rs 1,310.33 crore in the year-ago quarter. Domestic sales for the quarter ended June 30,… Continue reading Sundram Fasteners Reports Highest-Ever Revenue and PAT in Q1
Pricol Reports Q1-FY26 Consolidated Revenue of ₹877.66 Crores, Reflecting 45.57% Year-on-Year Growth
Pricol Limited, a prominent auto component manufacturer based in India, has announced its consolidated financial results for the first quarter of the financial year 2025–26, ending June 30, 2025. The company reported a consolidated revenue from operations of ₹877.66 crores for the quarter, representing a year-on-year (YoY) increase of 45.57% compared to the same period… Continue reading Pricol Reports Q1-FY26 Consolidated Revenue of ₹877.66 Crores, Reflecting 45.57% Year-on-Year Growth
Ather Energy Launches 450S Electric Scooter at ₹145,999 With 161 Km Range
Ather Energy Limited launched the 450S electric scooter with a 3.7 kWh battery pack on July 31, 2025, offering an IDC range of 161 kilometers at a starting price of INR 145,999 (ex-showroom Bengaluru). The new variant targets riders seeking extended range and performance in India’s electric two-wheeler market. The 450S with 3.7 kWh battery… Continue reading Ather Energy Launches 450S Electric Scooter at ₹145,999 With 161 Km Range
Ather Energy Launches 450S Electric Scooter at ₹145,999 With 161 Km Range
Ather Energy Limited launched the 450S electric scooter with a 3.7 kWh battery pack on July 31, 2025, offering an IDC range of 161 kilometers at a starting price of INR 145,999 (ex-showroom Bengaluru). The new variant targets riders seeking extended range and performance in India’s electric two-wheeler market. The 450S with 3.7 kWh battery… Continue reading Ather Energy Launches 450S Electric Scooter at ₹145,999 With 161 Km Range