The UK’s biggest fleet, whose “explosive” growth in June last year was credited with helping car makers through a tricky period, has reported losses of more than half a billion pounds – saying this highlights the growing cost of car ownership and volatile resale values of EVs. Motability Operations, the company behind the Motability charity,… Continue reading Motability takes £565 million blow as costs soar
Category: US Motoring Press
Pininfarina Marks 95 Years with Two-Wheel Aerodynamics Event
Pininfarina celebrated its 95th anniversary by hosting “Design and Performance in Motion: Shaping Two-Wheel Aerodynamics” at its headquarters in Turin. The event focused on the role of aerodynamics in two-wheel mobility, showcasing the capabilities of the Pininfarina Wind Tunnel, a facility used for aerodynamic and aeroacoustic research for over 50 years. The event featured speakers… Continue reading Pininfarina Marks 95 Years with Two-Wheel Aerodynamics Event
Ultraviolette to Invest $70-100 Million for More Products, Capacity
Ultraviolette Automotive is set to invest $70-$100 million (Rs 600-870 crore) over the next couple of years as the electric two-wheeler startup looks to expand its product portfolio with a diverse range of scooters and motorcycles, and significantly increase its manufacturing capacity to support future sales. “This [new products and capacity expansion] involves investments in the… Continue reading Ultraviolette to Invest $70-100 Million for More Products, Capacity
Jay Bharat Maruti Ltd. Increases Stake in JBM Ogihara Die Tech
Jay Bharat Maruti Limited (JBML) has increased its stake in JBM Ogihara Die-Tech (P) Ltd. (JODT) from 39% to 49% by acquiring an equity stake from its joint venture partner, Ogihara Thailand Co. Ltd. (OTC). JBML, a manufacturer of auto systems and assemblies and a Tier 1 supplier to Maruti Suzuki India Ltd., announced the… Continue reading Jay Bharat Maruti Ltd. Increases Stake in JBM Ogihara Die Tech
Mercedes-Benz India and DPIIT Collaborate to Support Startup Ecosystem
Mercedes-Benz India has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, to promote innovation, sustainability, and entrepreneurship within the country’s startup ecosystem. As part of this collaboration, Mercedes-Benz India will provide product startups, innovators, and entrepreneurs with… Continue reading Mercedes-Benz India and DPIIT Collaborate to Support Startup Ecosystem
Hala Mobility Partners with iGowise to Deploy 2,000 Electric Trikes for Last-Mile Delivery
Hala Mobility, an EV-as-a-service platform, has announced a partnership with iGowise Mobility to deploy 2,000 high-speed electric trikes for last-mile delivery operations in cities including Hyderabad and Bangalore. The partnership aims to address inefficiencies in last-mile logistics through purpose-built, anti-topple electric vehicles manufactured in India. Under the agreement, iGowise will supply its BeiGo electric pickup… Continue reading Hala Mobility Partners with iGowise to Deploy 2,000 Electric Trikes for Last-Mile Delivery
Women Driving Change: Spinny Reports Surge in Female Car Buyers
Women are increasingly taking the driver’s seat in India’s automotive market, according to recent data released by Spinny, the country’s leading full-stack used car platform. The company reports that women comprised 26% of its customer base in 2024, up from 16% in 2023. Even more striking, by March 2025, that figure has nearly doubled to… Continue reading Women Driving Change: Spinny Reports Surge in Female Car Buyers
Sai Sridhar Appointed as Managing Director of Elektrobit India
Elektrobit has appointed Sai Sridhar as the Managing Director of Elektrobit India. In his new role, Sridhar will oversee business operations and focus on sustainable growth in the Indian market. He replaces Satish Sundaresan, who has moved to Lumax Auto Technologies as Chief Technology Officer (CTO). Sridhar will continue to serve as the Chief… Continue reading Sai Sridhar Appointed as Managing Director of Elektrobit India
KPIT Sparkle 2025 Recognises Student Innovations in Mobility and Energy
KPIT Technologies has announced the winners of KPIT Sparkle 2025, its annual innovation competition for undergraduate engineering students. The 11th edition of the event saw participation from over 28,000 students from 731 colleges globally, with more than 1,300 ideas submitted across ten themes, including artificial intelligence, sustainability, cybersecurity, and energy storage. After seven months of… Continue reading KPIT Sparkle 2025 Recognises Student Innovations in Mobility and Energy
Ducati to Launch 14 New Products in India in CY25
Italian sports motorcycle marque Ducati is set to introduce 14 new products in the Indian market in CY25. On March 5, the company introduced the 2025 edition of its flagship Panigale brand with the latest Ducati Panigale V4 and Panigale V4 S, priced at Rs 29.9 lakh, and Rs 36.5 lakh, ex-showroom, respectively. Riding the… Continue reading Ducati to Launch 14 New Products in India in CY25