April 2025, the opening month of FY2026, has been a good opener for the Indian electric vehicle industry with total sales of 167,520 units. While the e-two-wheeler industry clocked best-ever April sales of 91,791 units and 40% growth, the e-three-wheeler segment has also packed a punch. The e-3W industry has clocked retail sales of 52,533… Continue reading Electric 3W battle heats up: Mahindra and Bajaj separated by 131 units in April, TVS grabs 2% share
Category: US Motoring Press
China’s Xpeng delivers over 30,000 vehicles for the sixth consecutive month
People visit XPENG booth at 2025 Spring International Auto Show in Qingdao, Shandong province, China, on March 7, 2025. Cfoto | Future Publishing | Getty Images Chinese electric vehicle maker Xpeng delivered 35,045 vehicles in April, sustaining its record of delivering more than 30,000 vehicles for the sixth consecutive month. That represents a 273% year-on-year… Continue reading China’s Xpeng delivers over 30,000 vehicles for the sixth consecutive month
Delhi CM: Will Make Public Transport 100% Electric by Next Year End
The Delhi government is planning to transition all public transport electric by 2026 end, Chief Minister Rekha Gupta announced on Friday during the launch of the Delhi Electric Vehicle Interconnector (DEVi) initiative. The DEVi project aims to enhance last-mile connectivity between metro stations and major bus terminals using a fleet of modern electric buses. In… Continue reading Delhi CM: Will Make Public Transport 100% Electric by Next Year End
EXCLUSIVE: Bharat Mobility Global Expo Returns to Biennial Format; Next Edition Slated for February 2027
The Bharat Mobility Global Expo, which had transitioned into an annual event in 2024, will now revert to a biennial schedule. Autocar Professional learns that the next edition will likely be held from February 4 to February 9, 2027, at multiple venues in the Delhi-NCR region. The shift to a biennial format aims to provide… Continue reading EXCLUSIVE: Bharat Mobility Global Expo Returns to Biennial Format; Next Edition Slated for February 2027
Ola Electric Refutes Insider Trading Allegations in Clarification to Exchanges
Ola Electric Mobility Limited has addressed recent media reports that alleged the company might be under regulatory scrutiny by SEBI for insider trading. In a letter dated May 2, 2025, submitted to both the National Stock Exchange (NSE) and BSE Limited, Ola Electric clarified that the media story titled “Ola Electric Likely in SEBI Crosshairs… Continue reading Ola Electric Refutes Insider Trading Allegations in Clarification to Exchanges
Honda Leads Hero MotoCorp by 1.75 lakh Shipments in April 2025
Honda Motorcycle & Scooter India (HMSI) has significantly outpaced Hero MotoCorp in April 2025, with a difference of 175,490 units in wholesale shipments. Honda dispatched 480,896 units in April 2025, including 422,931 domestic sales and 57,965 exports. In comparison, Hero MotoCorp shipped 305,406 motorcycles and scooters, including 288,524 in India and 16,882 exports. The gap between… Continue reading Honda Leads Hero MotoCorp by 1.75 lakh Shipments in April 2025
Petronas TVS Racing Announces INRC 2025 Participation with Updated Motorcycles and Rider Line-Up
PETRONAS TVS Racing, the factory racing team of TVS Motor Company, is gearing up for the 2025 season of the Indian National Rally Championship (INRC) with a revamped line-up of riders and upgraded racing machines. The new season begins on May 4 in Nashik. Having built a legacy of over 40 years in Indian motorsports,… Continue reading Petronas TVS Racing Announces INRC 2025 Participation with Updated Motorcycles and Rider Line-Up
CEAT Expands Global Footprint with New Step-Down Subsidiary in Sri Lanka
CEAT Limited has announced the incorporation of a new step-down subsidiary in Sri Lanka, named CEAT OHT Ventures (Private) Limited. The entity was officially registered on May 2, 2025, with an initial capital of LKR 3,00,000, to be infused in multiple tranches. According to regulatory filings with BSE and NSE, the subsidiary is a related… Continue reading CEAT Expands Global Footprint with New Step-Down Subsidiary in Sri Lanka
Hyundai Creta Tops India’s Car Sales in April 2025 for Second Straight Month
Hyundai Motor India Limited (HMIL) announced that the Hyundai Creta remained the highest-selling car in the Indian automotive market for the second consecutive month. The company reported that 17,016 units of the SUV were sold in April 2025, reflecting a 10.2% increase over the same month in 2024. From January to April 2025, the Creta… Continue reading Hyundai Creta Tops India’s Car Sales in April 2025 for Second Straight Month
Mahindra Finance Approves Rs 3,000 Crore Rights Issue under Simplified Regulations
Mahindra & Mahindra Financial Services Limited (MMFSL) has approved a fresh resolution for a rights issue of up to Rs 3,000 crore, superseding its earlier February approval to take advantage of SEBI’s recently simplified regulations for rights issues. The Board of Directors of MMFSL met on May 2, 2025, and approved the fund raise through… Continue reading Mahindra Finance Approves Rs 3,000 Crore Rights Issue under Simplified Regulations