Spyne, an AI-powered visual merchandising platform for the automotive industry, has raised $16 million in Series A funding led by Vertex Ventures, with participation from existing investors Accel, Storm Ventures, and Alteria Capital. The investment will support Spyne’s expansion into the U.S. market and development of advanced AI solutions for automotive retail. The company plans… Continue reading Spyne Secures $16 Million Series A Funding for US Expansion
Category: US Motoring Press
BattRE Launches Electric Scooter With Amaron Battery at ₹69,999
BattRE Electric Mobility unveiled its new LOEV+ electric scooter today, featuring an Amaron 2kWh battery with a three-year warranty, and boasting 60 km/h maximum speed. Priced at ₹69,999 (ex-showroom), the vehicle is now available at select dealerships nationwide. The scooter employs IP67-rated battery and charger components using 21700 cells, with a charging time of 2… Continue reading BattRE Launches Electric Scooter With Amaron Battery at ₹69,999
Reliance Industries Subsidiary Signs 10 GWh Battery PLI Agreement With GoI
The Ministry of Heavy Industries has signed a programme agreement with Reliance New Energy Battery Limited for manufacturing advanced battery cells. The agreement, signed yesterday, grants Reliance a 10 gigawatt-hour (GWh) capacity under the Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC) Battery Storage. This allocation makes Reliance eligible for incentives under the… Continue reading Reliance Industries Subsidiary Signs 10 GWh Battery PLI Agreement With GoI
Dynolt Technologies Secures $1.7 Million Seed Funding Led by Transition VC
Dynolt Technologies, a deep-tech power electronics startup, has raised $1.7 million in a seed funding round led by Transition VC. The round also saw participation from angel investor Yashowardhan Shah. Founded in 2022 and based in Bengaluru, Dynolt develops power electronics solutions for clean energy applications, including e-mobility, energy storage, renewables, and hydrogen. The company’s… Continue reading Dynolt Technologies Secures $1.7 Million Seed Funding Led by Transition VC
Lexus India Announces Upcoming Bookings for LX 500d
Lexus India announced that bookings for the new LX 500d will open soon. The luxury SUV, designed for both urban and off-road performance, was recently showcased at the Bharat Mobility Global Expo 2025. The LX 500d is the flagship SUV of Lexus, combining advanced technology with off-road capabilities. It features the Lexus Safety System +3… Continue reading Lexus India Announces Upcoming Bookings for LX 500d
Fiat 500 and Panda to be reborn in ground-up brand overhaul
The two new models will be built on the same Smart Car platform as the Grande Panda to facilitate significant cost advantages over rivals. Both hybrid and electric versions are expected to be offered. The SUV will be a direct rival to the Dacia Bigster and has the best potential for success in Europe. The… Continue reading Fiat 500 and Panda to be reborn in ground-up brand overhaul
Fiat was ‘starving for love’ – now it’s got it
Felicita. The Italian word for happiness was plastered all over the launch event for the new Fiat Grande Panda, and it was certainly emanating from CEO Olivier François, who, after years of axing ageing models and not launching new ones, has a plan we can all get behind. “Happiness is a byproduct of having purpose,”… Continue reading Fiat was ‘starving for love’ – now it’s got it
Renault and Geely sign pact to produce and sell EVs in Brazil
Renault Group and Geely Holding Group have jointly announced a framework agreement expanding their strategic cooperation in the production and sales of zero and low emission vehicles through Renault do Brasil, further strengthening their strategic partnership. Under the framework of the agreement, Geely will invest in Renault do Brasil to become a minority shareholder, enabling… Continue reading Renault and Geely sign pact to produce and sell EVs in Brazil
Renault and Geely sign pact to produce and sell EVs in Brazil
Renault Group and Geely Holding Group have jointly announced a framework agreement expanding their strategic cooperation in the production and sales of zero and low emission vehicles through Renault do Brasil, further strengthening their strategic partnership. Under the framework of the agreement, Geely will invest in Renault do Brasil to become a minority shareholder, enabling… Continue reading Renault and Geely sign pact to produce and sell EVs in Brazil
ZF equips Nio flagship EV with steer-by-wire steering
ZF is equipping the electric flagship ET9 from Chinese manufacturer Nio with the latest generation of its steer-by-wire system. The technology group is supplying both the steering wheel actuator for steering and for displaying the steering feel as well as the redundant steering gear actuator and the associated software. The Smart Electric Executive Flagship thus… Continue reading ZF equips Nio flagship EV with steer-by-wire steering