The mobility ecosystem is undergoing a fundamental shift, with electrification, connectivity, automation, and the push for sustainable transportation driving the sector towards a major overhaul, it is opening opportunities for new entrants to offer breakthrough solutions. However, for the early-stage entrepreneurs, navigating this fast-changing landscape is often a daunting journey, particularly when policy frameworks continue to… Continue reading IIM-B’lore’s NSRCEL gives fillip to mobility startups
Category: US Motoring Press
IIM-B’lore’s NSRCEL gives fillip to mobility startups
The mobility ecosystem is undergoing a fundamental shift, with electrification, connectivity, automation, and the push for sustainable transportation driving the sector towards a major overhaul, it is opening opportunities for new entrants to offer breakthrough solutions. However, for the early-stage entrepreneurs, navigating this fast-changing landscape is often a daunting journey, particularly when policy frameworks continue to… Continue reading IIM-B’lore’s NSRCEL gives fillip to mobility startups
JK Tyre Announces Key Management Changes
JK Tyre & Industries Ltd., has announced significant management restructuring with the promotion of two senior executives to new roles, as disclosed to stock exchanges on Tuesday. The company has promoted Sanjiv Saxena, previously serving as Senior Vice President of Corporate Accounts, to the position of Commercial Director with immediate effect. In his new role, Saxena… Continue reading JK Tyre Announces Key Management Changes
Exclusive: TVS Motor Sells Over 10,000 Electric 3-Wheelers in Eight Months
TVS Motor Co, the latest legacy ICE three-wheeler OEM to enter the electric three-wheeler market in India, has achieved its first key sales milestone: 10,000 units. As per the latest retail sales data on the Vahan portal, the company has delivered a total of 10,044 units between January and August 2025, with sales increasing month… Continue reading Exclusive: TVS Motor Sells Over 10,000 Electric 3-Wheelers in Eight Months
Exclusive: TVS Motor Sells Over 10,000 Electric 3-Wheelers in Eight Months
TVS Motor Co, the latest legacy ICE three-wheeler OEM to enter the electric three-wheeler market in India, has achieved its first key sales milestone: 10,000 units. As per the latest retail sales data on the Vahan portal, the company has delivered a total of 10,044 units between January and August 2025, with sales increasing month… Continue reading Exclusive: TVS Motor Sells Over 10,000 Electric 3-Wheelers in Eight Months
Tata Motors Reports Global IT Security Incident at JLR Operations
Tata Motors Limited has disclosed a significant IT security incident affecting its UK-based subsidiary Jaguar Land Rover Automotive Plc (JLR), according to a regulatory filing made with Indian stock exchanges on Sunday. The disclosure contained a brief statement from JLR: “We are working at pace to resolve global IT issues impacting our business. We will… Continue reading Tata Motors Reports Global IT Security Incident at JLR Operations
Hyundai to preview Ioniq 3 with radical electric hot hatch concept
Hyundai has previewed the design of the striking electric hatchback concept it will reveal at next week’s Munich motor show. It has also revealed a name for the show car: Concept Three – which all but confirms the eventual production car will be called the Ioniq 3, and closely related to the Kia EV3 –… Continue reading Hyundai to preview Ioniq 3 with radical electric hot hatch concept
Smart #2: Fortwo successor confirmed for 2026
Smart has confirmed it will return to the city car segment with a successor to its signature model, the Fortwo, that is due to arrive late next year. Smart CEO Dirk Adelmann last year confirmed that the project was in the works, pending a feasibility study. Following the “successful” launch of the #5 (the large… Continue reading Smart #2: Fortwo successor confirmed for 2026
BYD shares fall nearly 8% as second-quarter profit slumps 30% on China EV price war
Despite a July slowdown, BYD retains its lead in China’s competitive EV market. Anna Barclay | Getty Images News | Getty Images Hong Kong-listed shares of BYD slid nearly 8% Monday after the Chinese electric vehicle maker reported a sharp drop in quarterly profit amid an aggressive price war across its domestic industry. The Tesla rival… Continue reading BYD shares fall nearly 8% as second-quarter profit slumps 30% on China EV price war
Skoda VW India’s FY25: Scale Grows, Profit Stays Flat at ₹94 Cr on ₹19,053 Cr Revenue
Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) – the Indian arm of Europe’s largest carmaker – posted flat revenues and profits in FY2024-25, with topline at ₹19,053 crore (FY24: ₹18,960 crore) and net profit at ₹94 crore (FY24: ₹96 crore). The year was marked by what the company described as “consolidation and stability,” as modest… Continue reading Skoda VW India’s FY25: Scale Grows, Profit Stays Flat at ₹94 Cr on ₹19,053 Cr Revenue