The made-in-India passenger vehicle export business has opened on a good note in FY2026. In April 2025, as per SIAM industry data, a total of 59,395 cars, SUVs and MPVs were shipped overseas which is a YoY increase of 20% (April 2024: 49,563 units). Maruti Suzuki India, which has been India’s No. 1 passenger vehicle… Continue reading Maruti Fronx and Hyundai Verna top export models in April
Category: US Motoring Press
Electric Vehicles Died a Century Ago. Could That Happen Again?
More than a century before Tesla rolled out its first cars, the Baker Electric Coupe and the Riker Electric Roadster rumbled down American streets. Battery-powered cars were so popular that, for a time, about a third of New York’s taxis were electric. But those early electric vehicles began to lose ground to a new class… Continue reading Electric Vehicles Died a Century Ago. Could That Happen Again?
Sweden’s Volvo Cars to cut 3,000 jobs as part of major cost-cutting drive
Mikael Sjoberg | Bloomberg | Getty Images Sweden-based automaker Volvo Cars on Monday said it would cut around 3,000 jobs as part of a major cost-cutting drive. The move comes after the company, which is owned by China’s Geely Holding, announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan late last… Continue reading Sweden’s Volvo Cars to cut 3,000 jobs as part of major cost-cutting drive
Peugeot to revive GTi badge with 208 hot hatch on 13 April
Peugeot will reveal a hot GTi variant of the electric e-208 supermini on the eve of the Le Mans 24 Hour race next month. The brand has confirmed that its long-mooted Alpine A290 rival, officially confirmed by Peugeot boss Alain Favey earlier this year, will be unwrapped on 13 June. It has given no details, but says… Continue reading Peugeot to revive GTi badge with 208 hot hatch on 13 April
Calcom Vision Q4 FY25 PAT up 48.14% YoY to Rs 1.20 crore; Revenue Rises to Rs 60.26 crore
Calcom Vision Limited, a manufacturer of energy-efficient electronics and provider of Electronics Manufacturing Services (EMS) and Original Design Manufacturing (ODM), announced its unaudited financial results for the quarter and year ended 31 March 2025. The company posted a profit after tax (PAT) of Rs 1.20 crore for Q4 FY25, marking a 48.14% increase compared to… Continue reading Calcom Vision Q4 FY25 PAT up 48.14% YoY to Rs 1.20 crore; Revenue Rises to Rs 60.26 crore
Decoding EV adoption Economics for the Wider Electric Revolution in the Corporate Sector
The government is continuing to impose restrictions on running petrol and diesel vehicles older than 15 years on the road. With the potential to reduce air pollution, electric vehicles (EVs) are gaining significant momentum, especially in the corporate fleet segment. However, electrification is moving beyond the environmental pursuit and gradually aligning with the corporate’s sustainability… Continue reading Decoding EV adoption Economics for the Wider Electric Revolution in the Corporate Sector
Can India’s Critical Minerals Mission Offset China’s Supply Squeeze?
The global electric vehicle (EV) industry is facing turbulent times due to ongoing geopolitical conflicts and trade war which have disrupted global supply chains. Adding to the woes is resource nationalism by China which controls about 60% of global rare earth minerals essential for manufacturing EV motors, batteries, and advanced electronics. In late 2023 and… Continue reading Can India’s Critical Minerals Mission Offset China’s Supply Squeeze?
Balkrishna Industries Eyes 2.2X Revenue Growth by FY30: Plans to Enter PV, CV Tires
India’s leading off-highway tyre maker Balkrishna Industries Ltd has set an ambitious target of more than doubling its revenue to Rs 23,000 crore by the end of this decade. This growth estimate is being fueled by strategic initiatives such as boosting sales in its off-highway tire business and carbon black segments, as well as entering… Continue reading Balkrishna Industries Eyes 2.2X Revenue Growth by FY30: Plans to Enter PV, CV Tires
Telangana Govt Approves Hyundai’s Rs 8,528 Crore R&D Center Plan: Report
The Industrial Promotion Sub-Committee of the Telangana government has approved South Korean automaker Hyundai Motor Company’s plans to establish an R&D center – Hyundai Global Innovation Research and Development Centre – in the state with a proposed investment of Rs 8,528 crore, according to the New Indian Express. The new R&D center is reportedly planned… Continue reading Telangana Govt Approves Hyundai’s Rs 8,528 Crore R&D Center Plan: Report
Exide In Talks With Two Leading 2W OEMs To Supply Lithium Batteries
Battery major Exide Industries, which is setting up a gigafactory to manufacture lithium-ion cells, is in advanced stage talks with two leading two-wheeler OEMs and three-wheeler players to form partnerships for cell supply. “We have been in advanced discussion with two of the leading OEMs for 2-wheelers on the cylindrical side. Similarly, on the 3-wheeler… Continue reading Exide In Talks With Two Leading 2W OEMs To Supply Lithium Batteries