Honda Motor Co., Ltd. will roll out 13 next-generation hybrid electric vehicle (HEV) models globally starting in 2027, aiming for 2.2 million units in sales by 2030, Global CEO Toshihiro Mibe announced on Tuesday. With electric vehicle (EV) demand slowing, the Japanese automaker is pivoting to HEVs as the backbone of its electrification strategy, scaling… Continue reading Honda to Launch 13 New Hybrid Models by 2030, Targets 2.2 Million Units in Global Sales
Category: US Motoring Press
Zeno Unveils First Electric Motorcycle at ₹1.19 Lakh, Targets 2025 Deliveries
Bengaluru-based electric mobility and energy start-up Zeno has launched its first electric motorcycle, the Emara, aimed at competing in the 100cc–150cc commuter segment. The vehicle is priced at ₹1.19 lakh (ex-showroom) and is also available at a lower ₹79,000 (ex-showroom) under a Battery-as-a-Service (BaaS) model. The company is currently offering introductory pricing of ₹1 lakh… Continue reading Zeno Unveils First Electric Motorcycle at ₹1.19 Lakh, Targets 2025 Deliveries
Honda Turns Focus to Hybrids, Trims 2030 EV Target
Honda Motor Co., Ltd. said on Tuesday it will strengthen its focus on its original two-motor hybrid system as part of a global strategy realignment. The company acknowledged that its electric vehicle (EV) sales ratio in 2030 is now expected to fall below the previously announced 30% target due to a market slowdown. The company… Continue reading Honda Turns Focus to Hybrids, Trims 2030 EV Target
Minda Corporation Appoints Ajay Agarwal as President, Finance & Strategy
Minda Corporation Limited, the flagship company of Spark Minda Group, appointed Ajay Agarwal as President – Finance & Strategy today to support the company’s strategic growth initiatives and financial operations. The appointment comes as the automotive component manufacturer enters its next phase of growth. Agarwal, a Chartered Accountant and Lawyer with over 24 years of… Continue reading Minda Corporation Appoints Ajay Agarwal as President, Finance & Strategy
Minda Corporation Appoints Ajay Agarwal as President, Finance & Strategy
Minda Corporation Limited, the flagship company of Spark Minda Group, appointed Ajay Agarwal as President – Finance & Strategy today to support the company’s strategic growth initiatives and financial operations. The appointment comes as the automotive component manufacturer enters its next phase of growth. Agarwal, a Chartered Accountant and Lawyer with over 24 years of… Continue reading Minda Corporation Appoints Ajay Agarwal as President, Finance & Strategy
Steel Strip Wheels to Expand Capacity in FY26 Amid Export Growth
Steel Strip Wheels Ltd (SSWL), a leading Indian wheel manufacturer, is planning to expand its annual wheel manufacturing capacity to 5.3 million units by FY26 from the current 4.8 million units in FY25. The expansion comes as the company positions itself to capitalize on expected orders from Maruti Suzuki and anticipates a gradual recovery in… Continue reading Steel Strip Wheels to Expand Capacity in FY26 Amid Export Growth
How AI Can Increase Transparency & Boost Revenue for Used Car Market
The global used car market is experiencing rapid growth, driven by factors such as rising consumer preference for cost-effective mobility, economic uncertainties affecting new car purchases, and supply chain disruptions in the automotive industry. According to a recent CARS24 report, the Indian used car industry is projected to reach USD 100 billion by 2034, growing… Continue reading How AI Can Increase Transparency & Boost Revenue for Used Car Market
Happy Forgings Sees Global CV Market Fall in FY26 Due to US Class8 Weakness
Happy Forgings Limited (HFL), a leading auto components manufacturer specializing in forged and machined products for commercial vehicles, tractors, passenger vehicles, and industrial applications, has forecasted a decline in the global commercial vehicle (CV) market for the financial year 2026, citing significant weakness in the US Class8 truck segment. According to the company’s latest quarterly… Continue reading Happy Forgings Sees Global CV Market Fall in FY26 Due to US Class8 Weakness
Eurogrip Tyres Showcases Premium Two-Wheeler Tyre Range at Colombia’s F2R Expo
Eurogrip Tyres, a leading Indian tyre manufacturer, is exhibiting its high-end two-wheeler tyres at the 17th edition of Feria 2 Ruedas (F2R) International Motorcycle exhibition in Medellín, Colombia. The four-day event, which runs from May 15-18, 2025, at Plaza Mayor, represents one of South America’s most significant commercial platforms for the two-wheeler industry. The company’s… Continue reading Eurogrip Tyres Showcases Premium Two-Wheeler Tyre Range at Colombia’s F2R Expo
Eurogrip Tyres Showcases Premium Two-Wheeler Tyre Range at Colombia’s F2R Expo
Eurogrip Tyres, a leading Indian tyre manufacturer, is exhibiting its high-end two-wheeler tyres at the 17th edition of Feria 2 Ruedas (F2R) International Motorcycle exhibition in Medellín, Colombia. The four-day event, which runs from May 15-18, 2025, at Plaza Mayor, represents one of South America’s most significant commercial platforms for the two-wheeler industry. The company’s… Continue reading Eurogrip Tyres Showcases Premium Two-Wheeler Tyre Range at Colombia’s F2R Expo