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
Category: US Motoring Press
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
Mahindra Ranks in Top 1% of S&P Global’s 2025 Sustainability Assessment
Mahindra & Mahindra Ltd. has secured a position in the top 1 percent of S&P Global’s 2025 Sustainability Yearbook, becoming the only automobile manufacturer worldwide to achieve this distinction. The ranking, announced Thursday, places the Indian automotive company among an elite group of 780 organizations selected from over 7,690 companies evaluated globally. The recognition follows… Continue reading Mahindra Ranks in Top 1% of S&P Global’s 2025 Sustainability Assessment
UK’s biggest car fleet takes £565 million blow
The UK’s biggest fleet, whose “explosive” growth in June last year was credited with helping car makers through a tricky period, has reported losses of more than half a billion pounds – saying this highlights the growing cost of car ownership and volatile resale values of EVs. Motability Operations, the company behind the Motability charity,… Continue reading UK’s biggest car fleet takes £565 million blow
Kalyani Powertrain Partners With Taiwan’s Compal Electronics to Manufacture Servers in India
Kalyani Powertrain, a wholly-owned subsidiary of Bharat Forge, has signed a technology licensing agreement with Taiwan’s Compal Electronics to manufacture X86 platform servers in India. The companies finalized a Memorandum of Understanding on March 6, 2025, to develop server business using locally manufactured solutions, supporting the Indian government’s “Make in India” initiative. Under the agreement,… Continue reading Kalyani Powertrain Partners With Taiwan’s Compal Electronics to Manufacture Servers in India
Hindustan Zinc Reaches 25% Women in Workforce, Sets Higher Target
Hindustan Zinc Limited, India’s largest zinc producer, announced it has achieved 25% women representation in its workforce, a significant milestone in the traditionally male-dominated metals and mining sector. The company now aims to reach 30% women representation by 2030 as part of its Sustainable Development Goals. The achievement comes as the company prepares to mark… Continue reading Hindustan Zinc Reaches 25% Women in Workforce, Sets Higher Target