Kinetic Green Energy and Power Solutions has set its sights on global markets with the introduction of its first electric golf cart under its joint venture with Tonino Lamborghini. With plans to enter 25 global markets beyond India and a target turnover of $300 million over five years, the joint venture marks an ambitious step… Continue reading Kinetic Green Eyes Global Markets With e-Golf Carts Developed With Tonino Lamborghini
Category: US Motoring Press
CEAT Q1 Net Profit Falls 27%, Revenue Rises 10.5% YoY
CEAT Limited reported a net profit of ₹112.3 crore for the first quarter of FY26, registering a 27.2% decline from ₹154.2 crore in Q1 FY25. Despite the dip in profitability, the company posted a 10.5% year-on-year increase in consolidated revenue, which rose to ₹3,529.4 crore for the quarter ended 30 June 2025. EBITDA margin came… Continue reading CEAT Q1 Net Profit Falls 27%, Revenue Rises 10.5% YoY
Kinetic Green Partners with Infosys to Develop Autonomous Golf Carts for Global Markets
Kinetic Green Energy and Power Solutions has entered into a partnership with Infosys to co-develop an autonomous golf cart platform. The collaboration is part of Kinetic Green’s plan to expand into the $5 billion global golf cart market through its joint venture with Italian lifestyle brand Tonino Lamborghini. According to the company, demand for golf… Continue reading Kinetic Green Partners with Infosys to Develop Autonomous Golf Carts for Global Markets
Ministry of Heavy Industries Launches Automotive Mission Plan 2047
The Ministry of Heavy Industries has initiated the Automotive Mission Plan 2047 (AMP 2047), a long-term strategic roadmap designed to align with the Government of India’s ‘Viksit Bharat @2047’ vision. The plan aims to build on the progress achieved through previous automotive missions and sets a forward-looking agenda to position India as a key player… Continue reading Ministry of Heavy Industries Launches Automotive Mission Plan 2047
Cooper-Sinfonia Alliance Plans Off-Grid EV Charging Solutions for Rural India
Satara-based Cooper Corporation, a leading Indian engine, genset, and tractor manufacturer, has entered into a partnership with Japan’s Sinfonia Technology, a global leader in advanced energy solutions and high-tech industrial systems to launch a CPCB IV+ certified 10 kVA LPG genset. The alliance has further plans to develop innovative, cost-effective electric vehicle (EV) charging solutions, specifically… Continue reading Cooper-Sinfonia Alliance Plans Off-Grid EV Charging Solutions for Rural India
Cooper-Sinfonia Alliance Plans Off-Grid EV Charging Solutions for Rural India
Satara-based Cooper Corporation, a leading Indian engine, genset, and tractor manufacturer, has entered into a partnership with Japan’s Sinfonia Technology, a global leader in advanced energy solutions and high-tech industrial systems to launch a CPCB IV+ certified 10 kVA LPG genset. The alliance has further plans to develop innovative, cost-effective electric vehicle (EV) charging solutions, specifically… Continue reading Cooper-Sinfonia Alliance Plans Off-Grid EV Charging Solutions for Rural India
Youdha Launches EPOD in L5 EV Segment, Aims for ₹1,000 Crore Revenue by 2030
Youdha, an electric vehicle manufacturer aligned with Lohia Auto, has entered the L5 electric passenger three-wheeler segment with the launch of its first product, the Youdha EPOD. The company has set a revenue target of ₹1,000 crore by 2030, aiming to strengthen its position in India’s commercial EV market. The L5 segment, focused on road-legal… Continue reading Youdha Launches EPOD in L5 EV Segment, Aims for ₹1,000 Crore Revenue by 2030
Apollo Tyres Appoints R Mahalakshmi As Chief Human Resources Officer
Apollo Tyres Ltd has appointed R Mahalakshmi as its Chief Human Resources Officer with immediate effect, the company announced today. Mahalakshmi brings nearly three decades of experience across India, Africa, the UK and Southeast Asia to the leading Indian tyre manufacturer. As a member of Apollo Tyres’ Global Executive Committee, Mahalakshmi will shape the company’s… Continue reading Apollo Tyres Appoints R Mahalakshmi As Chief Human Resources Officer
BYD India Opens 42nd Showroom in Sonipat
BYD India, a subsidiary of global New Energy Vehicle manufacturer BYD, has inaugurated its 42nd dealership showroom in India, located in Sonipat, Haryana, in partnership with SAMTA BYD to expand its presence in North India. The 2,000 sq. ft. showroom will showcase BYD’s complete electric vehicle range including the BYD SEALION 7, BYD SEAL, BYD… Continue reading BYD India Opens 42nd Showroom in Sonipat
JLR to Cut 500 UK Managerial Positions Amid Slump in US Sales Following Trump Tariffs: The Guardian
Jaguar Land Rover (JLR) has announced plans to reduce its UK management workforce by up to 500 roles, following a significant drop in sales attributed to trade tensions with the United States. According to a report by the The Guardian, the Tata Motors-owned luxury carmaker will initiate a voluntary redundancy scheme for managerial employees, impacting roughly… Continue reading JLR to Cut 500 UK Managerial Positions Amid Slump in US Sales Following Trump Tariffs: The Guardian