Ashok Leyland Limited, the Indian flagship of the Hinduja Group, announced record financial performance for the fourth quarter and full year ending March 31, 2025. The Chennai-based commercial vehicle manufacturer reported its highest-ever quarterly and annual revenues, EBITDA, and profit after tax. The company’s profit after tax jumped 26 percent to Rs 3,303 crore for… Continue reading Ashok Leyland Reports Record Profits, Announces 1:1 Bonus Share Issue
Category: US Motoring Press
‘EVs should be looked as an upgrade to ICE vehicles’: Raptee’s Dinesh Arjun
With its electric motorcycles powered by high-voltage powertrains, Chennai-based Raptee is revolutionising the electric two-wheeler segment India. In this interview, Dinesh Arjun states his recommendations for accelerating EV adoption in the two-wheeler category. With a slow and customer-focused approach, Chennai-based electric mobility startup is revolutionising the e-two-wheeler segment with its electric motorcycles powered by high-voltage… Continue reading ‘EVs should be looked as an upgrade to ICE vehicles’: Raptee’s Dinesh Arjun
Major Cities To Receive 10,900 Electric Buses Under PM E-Drive Scheme
Union Minister for Heavy Industries and Steel H.D. Kumaraswamy chaired a meeting Thursday on the rollout of electric buses under the PM E-Drive scheme, with approximately 10,900 electric buses to be allocated to major cities across four states as part of Prime Minister Narendra Modi’s clean urban transport initiative, according to the Press Information Bureau.… Continue reading Major Cities To Receive 10,900 Electric Buses Under PM E-Drive Scheme
BHEL To Serve As Nodal Agency For EV Charging Infrastructure Under PM E-Drive Scheme
Union Minister for Heavy Industries H.D. Kumaraswamy chaired an inter-ministerial coordination meeting Tuesday to review and accelerate implementation of EV charging infrastructure under the PM E-Drive scheme, with Bharat Heavy Electricals Limited being considered as the nodal agency for demand aggregation and development of a unified EV super app, according to the Press Information Bureau.… Continue reading BHEL To Serve As Nodal Agency For EV Charging Infrastructure Under PM E-Drive Scheme
Force Motors Signs MoU with UAE’s W Motors to Co-Develop Vehicles
In a strategic move to expand its global footprint, India’s Force Motors has signed a non-binding Memorandum of Understanding (MoU) with W Motors, the UAE’s leading high-performance luxury sports car manufacturer, during the “Make it in the Emirates” event held in Abu Dhabi. The agreement paves the way for both companies to jointly explore the… Continue reading Force Motors Signs MoU with UAE’s W Motors to Co-Develop Vehicles
India’s Automotive Industry at the Crossroads of Nationalism and Globalization
As nations worldwide grapple with surging populism and protectionist policies, India stands at a unique crossroads. The country is striving to strike a delicate balance between its rich cultural heritage and the unstoppable march of global progress. This dichotomy is nowhere more evident than in the automotive sector, where India is simultaneously embracing its role… Continue reading India’s Automotive Industry at the Crossroads of Nationalism and Globalization
Beyond Commute: Empowering People via Last Mile Mobility
India’s urban mobility landscape is witnessing a rapid shift as electric vehicles redefine the last mile – not just as a commute, but as a gateway to opportunity. From students navigating narrow lanes to daily wage workers accessing previously unreachable jobs, and from e-commerce deliveries to vegetable vendors expanding their customer base, last-mile mobility is… Continue reading Beyond Commute: Empowering People via Last Mile Mobility
EVs putting independent rental firms at risk of closure
Electric vehicles could spell the end of independent vehicle rental companies, a leading family-owned UK firm has warned, amid a wider backdrop of waning demand for EVs generally among hire companies. Kendall Cars, a rental group with 14 branches in the south-east and a fleet of 1500 vehicles, says businesses like it are closing partly because… Continue reading EVs putting independent rental firms at risk of closure
Not quite a classic: Audi TT
So, when you saw the 1995 Audi TT concept coupe for the very first time, did you think ‘wow, that’s very Bauhaus’? Or did you think several other things like, ‘that looks weird, but amazing.’ Or, ‘I want one’. Or perhaps, ‘from the rear, doesn’t the shape of its roof look a little bit like… Continue reading Not quite a classic: Audi TT
India’s Coal Pipeline Signals Potential Overcapacity Amid Record Renewables Installation
India’s power sector faces potential coal overcapacity as the country met its record electricity demand of 250 GW on May 30, 2024, without utilizing full thermal capacity, according to a study release by the Centre for Research on Energy and Clean Air (CREA). The analysis indicates that existing and under-construction coal capacity exceeds projected requirements… Continue reading India’s Coal Pipeline Signals Potential Overcapacity Amid Record Renewables Installation