US Motoring Press – Page 324 – I wish I had more to offer

PeakAmp Secures ₹12 Crore Seed Funding for Battery Recycling Operations

PeakAmp, a battery recycling company based in Gurgaon, has raised ₹12 crore (approximately $1.37 million) in seed funding led by Caret Capital. The round also included participation from IIM Ahmedabad Ventures, angel investor Basant Sharma, and other investors focused on clean technology, mining, and recycling sectors. The company, founded in 2024 by Vijay Gond and… Continue reading PeakAmp Secures ₹12 Crore Seed Funding for Battery Recycling Operations

80% of Indian Automakers Face Launch Delays Due to Late Engineering Changes: Vector Consulting

Eighty percent of Indian automobile manufacturers are experiencing vehicle launch delays caused by late-stage engineering changes, according to a study released by Vector Consulting Group, highlighting execution challenges that are straining suppliers and increasing development costs across the country’s automotive sector. The research, based on insights from 36 senior executives across two-wheeler, passenger vehicle, light… Continue reading 80% of Indian Automakers Face Launch Delays Due to Late Engineering Changes: Vector Consulting

Eicher Delivers Electric Tarmac Buses to IndiGo at Bengaluru Airport

Eicher Trucks and Buses delivered six electric tarmac buses to IndiGo at Kempegowda International Airport in Bengaluru on September 12, 2025, marking the company’s entry into aviation ground support equipment. The Eicher Skyline Pro-E 12m electric buses will transport passengers between the terminal and aircraft parked at stands. The delivery represents the first phase of… Continue reading Eicher Delivers Electric Tarmac Buses to IndiGo at Bengaluru Airport

Eicher Delivers Electric Tarmac Buses to IndiGo at Bengaluru Airport

Maruti Suzuki’s Takeuchi Sees India Poised to Lead Global Auto Supply Chains

India’s automotive sector has the opportunity to emerge as a global leader in manufacturing and supply chains if industry players combine strategic intent with the country’s inherent strengths in demand, talent, and policy support, said Hisashi Takeuchi, MD & CEO of Maruti Suzuki India Ltd, at the Automotive Component Manufacturers Association’s (ACMA) 65th Annual Session… Continue reading Maruti Suzuki’s Takeuchi Sees India Poised to Lead Global Auto Supply Chains

Cyber attack could be costing JLR £5 million a day

JLR could be losing up to £5 million a day in profit as it continues to suffer the consequences of a devastating cyber attack that shut down its operations on 1 September. The shutdown of car production in the British firm’s two factories in the UK as well as those in China, India and Slovakia… Continue reading Cyber attack could be costing JLR £5 million a day

Skoda rules out Citigo successor based on Volkswagen ID 1

Skoda isn’t considering launching an electric car smaller than the forthcoming Epiq in the future, preferring to focus its entry-level efforts on its existing ICE models. The Epiq will arrive next year using the Volkswagen Group’s new MEB Entry platform, which it will share with the Volkswagen ID Polo, Volkswagen ID Cross and Cupra Raval – all… Continue reading Skoda rules out Citigo successor based on Volkswagen ID 1

Ashok Leyland Aims to Accelerate Localisation to Derisk EVs from Import Dependency

Localisation is at the heart of Ashok Leyland’s EV strategy. The company aims to indigenise batteries, which account for 40–50% of an electric vehicle’s cost. By doing so, it seeks to derisk its EV play from heavy import dependence and volatile global supply chains. To achieve this, the commercial vehicle maker has entered into a… Continue reading Ashok Leyland Aims to Accelerate Localisation to Derisk EVs from Import Dependency

CV Segment Biggest Beneficiary From GST Cut: Ashok Leyland’s Shenu Agarwal

The commercial vehicle (CV) industry is set to emerge as the biggest beneficiary of the government’s recent GST reform that slashed tax on commercial vehicles to 18% from 28%, according to Shenu Agarwal, managing director of Ashok Leyland. He said the steep GST reduction could finally provide the long-awaited trigger for replacement demand in India’s… Continue reading CV Segment Biggest Beneficiary From GST Cut: Ashok Leyland’s Shenu Agarwal