Hyundai Motor Group has inaugurated a new battery and electrification research center at the Indian Institute of Technology (IIT) Delhi. The Hyundai Center of Excellence (Hyundai CoE) aims to develop future mobility technologies, with a focus on battery systems tailored to the Indian market. Nine joint research projects have been initiated under the collaboration, addressing… Continue reading Hyundai Motor Group Launches Battery and Electrification Research Center at IIT Delhi
Category: US Motoring Press
Polygon Labs Partners with Pyse to Launch Blockchain-Powered Electric Motorcycles in Dubai
Polygon Labs announced a partnership with green asset tokenization platform Pyse to deploy blockchain-integrated electric motorcycles for food delivery services in Dubai, with intentions to expand the initiative to India, the companies announced Tuesday. The collaboration will enable Pyse’s electric motorcycles to be tokenized on Polygon’s blockchain infrastructure, allowing for fractional ownership of these sustainable… Continue reading Polygon Labs Partners with Pyse to Launch Blockchain-Powered Electric Motorcycles in Dubai
PURE Unveils 5 MWh Battery Storage System for Power Grid
PURE, an energy storage and e-mobility company, launched its 5 MWh battery storage system called PuREPower Grid in Delhi on Wednesday. The containerized product includes integrated solar capabilities and power conversion systems designed to enhance grid stability and support renewable energy integration. The company reports receiving expressions of interest from more than 10 renewable energy… Continue reading PURE Unveils 5 MWh Battery Storage System for Power Grid
Hyundai India Launches Nationwide Service Campaign
Hyundai Motor India Limited (HMIL) announced today the launch of its nationwide Hyundai Smart Care Clinic program, which will run from April 25 to May 6, 2025, across all Hyundai service centers in India. The campaign offers customers a range of benefits including a free 70-point vehicle checkup, discounts on extended warranty plans, and reduced… Continue reading Hyundai India Launches Nationwide Service Campaign
Ather Narrows Losses, Boosts Gross Margin in First Nine Months of FY25
Electric two-wheeler manufacturer Ather Energy reported an improvement in financial performance during the nine months ended December 2024, even as its market share remained at around 10%. The improvement is largely credited to the successful launch of the Rizta scooter, which targets the family and convenience-focused segment. The Rizta accounted for over 50% of Ather’s… Continue reading Ather Narrows Losses, Boosts Gross Margin in First Nine Months of FY25
Ather Narrows Losses, Boosts Gross Margin in First Nine Months of FY25
Electric two-wheeler manufacturer Ather Energy reported an improvement in financial performance during the nine months ended December 2024, even as its market share remained at around 10%. The improvement is largely credited to the successful launch of the Rizta scooter, which targets the family and convenience-focused segment. The Rizta accounted for over 50% of Ather’s… Continue reading Ather Narrows Losses, Boosts Gross Margin in First Nine Months of FY25
Renault Charts Multi-Fuel Strategy, Explores Hybrids for Future Lineup
80% of market to stay petrol + CNG by 2032, says MD Mamillapalle Strong hybrids under evaluation for Duster, Bigster Kiger EV scheduled for 2027; based on skateboard platform Co. Calls for clear policy to back EV, CNG, hybrid investments Renault India is sharpening its focus on a multi-fuel strategy as it prepares for the… Continue reading Renault Charts Multi-Fuel Strategy, Explores Hybrids for Future Lineup
Renault Charts Multi-Fuel Strategy, Explores Hybrids for Future Lineup
80% of market to stay petrol + CNG by 2032, says MD Mamillapalle Strong hybrids under evaluation for Duster, Bigster Kiger EV scheduled for 2027; based on skateboard platform Co. Calls for clear policy to back EV, CNG, hybrid investments Renault India is sharpening its focus on a multi-fuel strategy as it prepares for the… Continue reading Renault Charts Multi-Fuel Strategy, Explores Hybrids for Future Lineup
Suzuki Motor and Maruti Suzuki to Establish Osamu Suzuki Centre of Excellence in India
Suzuki Motor Corporation and Maruti Suzuki India Limited announced plans to establish the Osamu Suzuki Centre of Excellence (OSCOE) in India during a remembrance event held at Yashobhoomi, Delhi on April 23, 2025. The centre will honor the legacy of the late Osamu Suzuki, former chairman of Suzuki Motor Corporation, who died on December 25,… Continue reading Suzuki Motor and Maruti Suzuki to Establish Osamu Suzuki Centre of Excellence in India
Spyne Reports 5X Annual Growth, Plans to Onboard 4,000 Auto Dealerships in FY25
Gurugram-based Spyne, an AI platform for automotive retail, announced on April 23, 2025, that it has achieved 5X annual growth and now aims to onboard 4,000 automotive dealerships worldwide in FY25. The company currently serves over 1,500 dealerships globally and has expanded its operations to more than 47 countries. Spyne has partnered with prominent automotive… Continue reading Spyne Reports 5X Annual Growth, Plans to Onboard 4,000 Auto Dealerships in FY25