India’s PM EDRIVE scheme delivered 1.13 million electric vehicles in its first year while offering half the per-vehicle subsidy compared to the previous FAME II program, according to a new study by the Council on Energy, Environment and Water. The scheme reduced per-unit demand incentives to INR 5,000 per kilowatt-hour, yet enabled 3.4 times higher… Continue reading PM EDRIVE Delivers 1.13 Million Vehicles with Reduced Subsidies
Tag: Mobility
Electric Mountain Bike Market worth $31.96 billion by 2032 | MarketsandMarkets™
DELRAY BEACH, Fla., Dec. 16, 2025 /PRNewswire/ — According to MarketsandMarkets™, the Electric Mountain Bike Market is projected to grow from USD 16.91 billion in 2025 to USD 31.96 billion by 2032 at a CAGR of 9.5%. Browse 140 market data Tables and 55 Figures spread through 280 Pages and in-depth TOC on ‘Electric Mountain Bike… Continue reading Electric Mountain Bike Market worth $31.96 billion by 2032 | MarketsandMarkets™
At CES 2026, agentic AI and software-defined vehicles will level up
Something in the CES air feels different—sharper, more focused, a little more ambitious. Maybe it’s the collective reset across the tech world, maybe it’s the automotive and logistics industries finally shaking loose from old hardware-first habits, but the possibilities suddenly feel wide open again. Nowhere will that energy be more visible than at CES 2026… Continue reading At CES 2026, agentic AI and software-defined vehicles will level up
Sedgwick forecasts 2026 in new global risk study
Company experts and Fortune 500 executives share key predictions across sectors MEMPHIS, Tenn., Dec. 16, 2025 /PRNewswire/ — Sedgwick, the world’s leading risk and claims administration partner, has published its 2026 forecasting report. The report identifies key trends across sectors supported by insights from the company’s industry leaders and Fortune 500 executives to spotlight the challenges… Continue reading Sedgwick forecasts 2026 in new global risk study
Evera Plans Fleet Expansion to 4,500 Electric Vehicles by June 2026
Evera, an electric cab mobility company, announced plans to expand its fleet to 4,500 electric vehicles by June 2026, supported by USD 2 million in funding from Signodrive Technologies for infrastructure and technology expansion. Signodrive Technologies leased a 4,000-vehicle fleet from Gensol Engineering through IRP earlier this year, which will operate on the Evera platform.… Continue reading Evera Plans Fleet Expansion to 4,500 Electric Vehicles by June 2026
Norwest Invests Rs 750 Crores in Padmini VNA Group for Minority Stake
Padmini VNA Group has secured a strategic growth investment of INR 750 crores from Norwest, marking a significant milestone for the automotive innovation and sustainable mobility solutions provider. The minority stake investment will accelerate the company’s next phase of growth and innovation. Founded in 1991, PVNA has established itself as a promoter-driven engineering enterprise with… Continue reading Norwest Invests Rs 750 Crores in Padmini VNA Group for Minority Stake
Greaves Cotton Names Santosh Singh as Chief Strategy and AI Officer
Greaves Cotton Limited has appointed Santosh Singh to the newly created position of Chief Strategy and AI Officer, the company announced today. Singh will be based in Mumbai and report to Managing Director and Group CEO Parag Satpute. In his new role, Singh will oversee strategy development, transformation initiatives, AI-driven enterprise capability building, and business… Continue reading Greaves Cotton Names Santosh Singh as Chief Strategy and AI Officer
Video – Gulf Oil Targets ₹400–500 Crore Charger Revenue in 4–5 Years: Ravi Chawla
In this conversation with Ravi Chawla, MD & CEO, Gulf Oil Lubricants India, we explore how the company is building a significant EV mobility business beyond its traditional lubricants portfolio. Chawla shares insights from Gulf Oil’s four-year EV mobility value-chain study, the rationale behind investments in Indra, ElectreeFi and Tirex chargers, and the company’s ambition… Continue reading Video – Gulf Oil Targets ₹400–500 Crore Charger Revenue in 4–5 Years: Ravi Chawla
InstantGMP Modernizes Software Validation with FDA Computer Software Assurance-Aligned Approach
CARY, N.C., Dec. 16, 2025 /PRNewswire/ — InstantGMP™, a provider of cloud-based GMP and FDA compliance software for pharmaceutical and other regulated manufacturers, announced it has aligned its software development and validation practices with the FDA’s Computer Software Assurance (CSA) for Production and Quality System Software guidance. By applying FDA CSA principles, InstantGMP has adopted… Continue reading InstantGMP Modernizes Software Validation with FDA Computer Software Assurance-Aligned Approach
Motorcycle Handlebar Control Switches Market to Reach USD 9 Billion, Globally, by 2034 at 5.4% CAGR: Allied Market Research
Increase in the use of motorcycles in developing country, rise in demand for advanced safety and convenience features and shifting trends towards adoption of E-mobility which creates a booster for the growth of the market in the current scenario. WILMINGTON, Del., Dec. 16, 2025 /PRNewswire/ — Allied Market Research published a report, titled, “Motorcycle Handlebar Control Switches… Continue reading Motorcycle Handlebar Control Switches Market to Reach USD 9 Billion, Globally, by 2034 at 5.4% CAGR: Allied Market Research