Hyundai Motor India, a late entrant in the country’s mainstream EV market, is set to roll out six new electric vehicles by FY30 as part of its long-term powertrain strategy. “We are set to accelerate our presence in the EV market, building on the strong foundation laid in FY25 with the launch of the Creta… Continue reading Hyundai to Accelerate EV Push, Plans to Launch Six New Models by FY30
Category: US Motoring Press
Hyundai India to Grow in Line with Market in FY26; Targets 7–8% Export Growth; Invest Rs 7000 crore
Hyundai Motor India Ltd (HMIL) on Thursday said it expects to grow broadly in line with the domestic passenger vehicle market in FY26. It is targeting 7–8% export growth and laying out an ambitious roadmap of 26 new product launches by FY2030. The strategy includes a mix of internal combustion engine (ICE), electric vehicles (EVs),… Continue reading Hyundai India to Grow in Line with Market in FY26; Targets 7–8% Export Growth; Invest Rs 7000 crore
Hyundai Unveils Most Aggressive Launch Plan Yet: 26 Models Lined Up
In what is being billed as Hyundai Motor India’s most aggressive product launch plan, the country’s second-largest passenger vehicle manufacturer is gearing up to introduce 26 new models over the next few years. This ambitious rollout includes 20 internal combustion engine (ICE) vehicles and six electric vehicles (EVs)—a mix of all-new models, full model changes,… Continue reading Hyundai Unveils Most Aggressive Launch Plan Yet: 26 Models Lined Up
Hyundai Motor India Q4FY25 Profit Slips 4%, Revenue Up 2.5%
Hyundai Motor India Limited (HMIL) has announced its financial results for the fourth quarter and full fiscal year ending March 31, 2025, reporting mixed performance compared to the previous year. For the quarter ended March 31, 2025, Hyundai Motor India registered a profit after tax of ₹1,582.56 crore, down 4.05% from ₹1,649.32 crore in the… Continue reading Hyundai Motor India Q4FY25 Profit Slips 4%, Revenue Up 2.5%
Belrise Industries to Launch Rs 2,150 Crore IPO on May 21
Belrise Industries Limited, an automotive component manufacturing company, announced today that its initial public offering (IPO) will open for subscription on May 21, 2025, and close on May 23, 2025. The company has fixed the price band at ₹85 to ₹90 per equity share with a face value of ₹5 each. The IPO consists entirely… Continue reading Belrise Industries to Launch Rs 2,150 Crore IPO on May 21
Tata Motors Starts Rollout of Highway Megacharger Network
TATA.ev has inaugurated its first ten MegaChargers at strategic locations across India, marking the initial phase of the company’s commitment to install 500 high-speed charging stations nationwide. The installations, developed in partnership with ChargeZone and Statiq, are positioned along major highway corridors and in urban centers to support long-distance electric vehicle travel. The new charging… Continue reading Tata Motors Starts Rollout of Highway Megacharger Network
TATA.ev Launches Network of High-Speed MegaChargers Across Key Indian Highways
TATA.ev has inaugurated its first ten MegaChargers at strategic locations across India, marking the initial phase of the company’s commitment to install 500 high-speed charging stations nationwide. The installations, developed in partnership with ChargeZone and Statiq, are positioned along major highway corridors and in urban centers to support long-distance electric vehicle travel. The new charging… Continue reading TATA.ev Launches Network of High-Speed MegaChargers Across Key Indian Highways
TVS, Suzuki and Bajaj scooters shine in April but Honda, Yamaha, Hero struggle
After achieving record sales of 6.85 million units (68,53,214 units) in FY2025, up 17% year-on-year (FY2024: 58,39,325 units), the Indian scooter industry has opened FY2026 on a dour note. The wholesales of 548,370 scooters by nine OEMs in April 2025 are down 5.67% YoY (April 2024: 581,277 units) – a difference of 32,907 units. As… Continue reading TVS, Suzuki and Bajaj scooters shine in April but Honda, Yamaha, Hero struggle
TVS, Suzuki and Bajaj scooters shine in April but Honda, Yamaha, Hero struggle
After achieving record sales of 6.85 million units (68,53,214 units) in FY2025, up 17% year-on-year (FY2024: 58,39,325 units), the Indian scooter industry has opened FY2026 on a dour note. The wholesales of 548,370 scooters by nine OEMs in April 2025 are down 5.67% YoY (April 2024: 581,277 units) – a difference of 32,907 units. As… Continue reading TVS, Suzuki and Bajaj scooters shine in April but Honda, Yamaha, Hero struggle
SKF India Reports Annual Results, Declares Rs. 14.5 Per Share Dividend
SKF India Limited has announced a final dividend of Rs. 14.5 per equity share for the financial year ended March 31, 2025, following approval by its Board of Directors. The dividend payout, totaling approximately Rs. 716.9 million, will be distributed within 30 days of approval at the upcoming Annual General Meeting. The Board meeting, held… Continue reading SKF India Reports Annual Results, Declares Rs. 14.5 Per Share Dividend