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
Category: US Motoring Press
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
Maruti’s Retail Market Share Hits 2-Year Low in February
In a concerning development for India’s long-standing automotive leader, Maruti Suzuki’s market share in the passenger vehicle segment plummeted to a two-year low of 38.94% in February 2025, according to data released by the Federation of Automobile Dealers Associations (FADA). This significant decline marks a stark contrast from the company’s commanding position just a few… Continue reading Maruti’s Retail Market Share Hits 2-Year Low in February
India’s Electric Vehicle Market Gains Momentum Despite Challenges: BNPP Report
India’s electric vehicle sector continues its upward trajectory, with notable growth across two-wheelers (E2W), three-wheelers (E3W), and passenger vehicles (EPV) in February 2025. According to BNP Paribas’ latest sector research report, EV penetration improved month-on-month across all segments, though certain market dynamics led to fluctuations in sales volumes and market share redistribution among key players.… Continue reading India’s Electric Vehicle Market Gains Momentum Despite Challenges: BNPP Report
EKA Mobility Appoints Mohit Sharma as Chief Human Resource Officer
EKA Mobility, a company specializing in electric vehicles and technology, has announced the appointment of Mohit Sharma as its Chief Human Resource Officer (CHRO). Sharma brings 27 years of experience in human resources, having held leadership roles at companies such as Whirlpool, VVF Group, and Parle Agro. His areas of expertise include talent management,… Continue reading EKA Mobility Appoints Mohit Sharma as Chief Human Resource Officer
Hyundai Slips to No.4 in India’s Car Retail Market as February Sales Slide
In a significant reshuffling of India’s passenger vehicle retails, Hyundai Motor India has been pushed down to fourth place in February 2025, according to the latest sales data released by the Federation of Automobile Dealers Associations (FADA). This marks a notable decline for the Korean automaker, which had consistently maintained its position as India’s second-largest… Continue reading Hyundai Slips to No.4 in India’s Car Retail Market as February Sales Slide
FADA Auto Retail Sales Sees Broad Downturn in February 2025
The Federation of Automobile Dealers Associations (FADA) has revealed a disappointing trend across India’s automotive sector for February 2025. The month closed with a 7.19% year-on-year decline, confirming the “Flat to De-growth” sentiment previously indicated by FADA’s dealer survey. The report paints a sobering picture of the Indian auto retail landscape, with all segments registering… Continue reading FADA Auto Retail Sales Sees Broad Downturn in February 2025
Greaves Electric Mobility Teams Up with Indofast Energy for Battery Swapping
Greaves Electric Mobility Limited (GEML), the electric mobility division of Greaves Cotton Limited (GCL), has teamed up with Indofast Energy, a 50-50 joint venture between Indian Oil and SUN Mobility, to advance last-mile transportation solutions. The partnership targets B2B fleets and ride-sharing services, offering electric two-wheeler (e-2W) and energy solutions designed to meet the evolving… Continue reading Greaves Electric Mobility Teams Up with Indofast Energy for Battery Swapping
Lexus LX 500d Arrives in India at Rs 3 Crore
Lexus India has launched its premium LX 500d SUV in the Indian market with prices starting at Rs 3 crore positioning it among the most expensive luxury SUVs available in the country. The vehicle, available in Urban and new adventure-focused Overtrail variants, marks a significant expansion of the brand’s high-end portfolio following its showcase at… Continue reading Lexus LX 500d Arrives in India at Rs 3 Crore