An Xpeng booth at the 2025 Spring International Auto Show in Qingdao, Shandong province, China, on March 7, 2025. Cfoto | Future Publishing | Getty Images Xpeng shares jumped as much as 6% in premarket trading in New York, after the Chinese electric vehicle upstart reported first quarter earnings that were ahead of expectations. The… Continue reading Xpeng shares rise, adding to 66% rally after the Chinese EV maker’s losses narrowed
Category: US Motoring Press
Toyota redesigns America’s top-selling RAV4 SUV to exclusively be a hybrid
2026 Toyota RAV4 Toyota PLANO, Texas — The top-selling SUV in the United States will exclusively be offered as a hybrid model as part of a redesign of the RAV4 lineup, Toyota Motor announced Tuesday night. The world’s largest automaker said the 2026 Toyota RAV4 only will be offered as a hybrid or plug-in hybrid,… Continue reading Toyota redesigns America’s top-selling RAV4 SUV to exclusively be a hybrid
Uno Minda Shifts 2W Lighting Production to Kharkhoda, Approves ₹2500 Crore Fundraising Plan
In a significant move to consolidate operations and meet growing demand, Uno Minda Limited has announced the shifting of its 2W lighting manufacturing plants from Bahadurgarh and Sonipat to a new facility in Kharkhoda, Haryana. The decision was approved by the company’s Board of Directors during their meeting held on Wednesday, May 21, 2025. The… Continue reading Uno Minda Shifts 2W Lighting Production to Kharkhoda, Approves ₹2500 Crore Fundraising Plan
Uno Minda Shifts 2W Lighting Production to Kharkhoda, Approves ₹2500 Crore Fundraising Plan
In a significant move to consolidate operations and meet growing demand, Uno Minda Limited has announced the shifting of its 2W lighting manufacturing plants from Bahadurgarh and Sonipat to a new facility in Kharkhoda, Haryana. The decision was approved by the company’s Board of Directors during their meeting held on Wednesday, May 21, 2025. The… Continue reading Uno Minda Shifts 2W Lighting Production to Kharkhoda, Approves ₹2500 Crore Fundraising Plan
Ansys and BlueKei Partner to Advance Digital Engineering in India
Ansys (NASDAQ: ANSS) and BlueKei Solutions Pvt. Ltd have signed a Memorandum of Understanding (MoU) to promote and advance digital engineering practices in India. The partnership aims to enhance innovation in aerospace and defense, automotive, and high-tech industries by integrating advanced digital engineering methodologies. Under the collaboration, BlueKei will have access to Ansys’ Model-Based Systems… Continue reading Ansys and BlueKei Partner to Advance Digital Engineering in India
‘India to lead in software-driven vehicle technology’: Srinivas Aravapalli of BlueBinaries
As the software content inside vehicles continues to rise with growing features like connectivity and ADAS, India’s role will become even more pronounced, says Srinivas Aravapalli, Founder & CEO of BlueBinaries. As the software content inside vehicles continues to rise with growing features like connectivity and ADAS, India’s role is set to become even more… Continue reading ‘India to lead in software-driven vehicle technology’: Srinivas Aravapalli of BlueBinaries
Uno Minda Posts Mixed Q4 Performance, Closes FY25 on a High Note
Uno Minda Ltd, one of India’s leading automotive components suppliers, posted a mixed set of numbers for the quarter ended March 2024 (Q4 FY25), even as it closed the financial year with solid growth across key performance metrics. The company’s net profit declined 8% year-on-year to ₹266.21 crore in the March quarter, compared to ₹287.89… Continue reading Uno Minda Posts Mixed Q4 Performance, Closes FY25 on a High Note
Uno Minda Posts Mixed Q4 Performance, Closes FY25 on a High Note
Uno Minda Ltd, one of India’s leading automotive components suppliers, posted a mixed set of numbers for the quarter ended March 2024 (Q4 FY25), even as it closed the financial year with solid growth across key performance metrics. The company’s net profit declined 8% year-on-year to ₹266.21 crore in the March quarter, compared to ₹287.89… Continue reading Uno Minda Posts Mixed Q4 Performance, Closes FY25 on a High Note
Komaki Launches CAT 2.0 Eco Electric Utility Scooter at INR 69,999
Komaki Electric has launched the CAT 2.0 Eco, an electric utility scooter designed to address transportation and delivery needs in India. Priced at INR 69,999, the vehicle is targeted at gig workers, small businesses, and fleet operators. The CAT 2.0 Eco offers a range of over 110 km per charge and is equipped with a… Continue reading Komaki Launches CAT 2.0 Eco Electric Utility Scooter at INR 69,999
BMW India Financial Services Appoints Andreas Modimayer as New Managing Director and CEO
BMW India Financial Services has appointed Andreas Modimayer as its new Managing Director and Chief Executive Officer, succeeding Joejoon Lee, the company announced today. Modimayer, who has been with the BMW Group since 2000, comes to India after serving as CEO of BMW Austria Bank in Greece. His extensive experience includes leadership positions in BMW… Continue reading BMW India Financial Services Appoints Andreas Modimayer as New Managing Director and CEO