Yuma Energy and e-Sprinto have announced a strategic partnership to deploy swappable-battery electric two-wheelers at scale across Indian cities, targeting fleet operators and delivery services with a solution designed to overcome the primary obstacles to electric vehicle adoption. The partnership addresses two critical challenges facing fleet electrification: the high upfront cost of electric vehicles and… Continue reading Yuma Energy and e-Sprinto Partner on Swappable-Battery EVs for Indian Fleets
Tag: Strategy
Mercedes-Benz to Locally Assemble Maybach GLS in India—First Market Outside US
India will become the only market outside the United States to locally assemble the Mercedes-Maybach GLS, accelerating a sustained push by Mercedes-Benz India to localise more models in the country as it deepens its focus on ultra-luxury vehicles and high-value growth. The Stuttgart-based luxury carmaker said the decision aligns with the global push towards value… Continue reading Mercedes-Benz to Locally Assemble Maybach GLS in India—First Market Outside US
Won’t Engage in Price War: Mercedes’ Santosh on Entry-level Degrowth
Despite a sharp 23% decline in the entry-level luxury car segment, Mercedes-Benz India has made it clear that it will not chase volumes through aggressive discounting. The company sold a total of 19,007 cars in 2025, representing a decline of 3% compared to the year before. The luxury carmaker said it remains focused on protecting brand… Continue reading Won’t Engage in Price War: Mercedes’ Santosh on Entry-level Degrowth
Mercedes-Benz Lines up 12 Launches for 2026, Sees Single-Digit Growth Amid Currency, Sentiment Headwinds
With competition snapping at its heels, Mercedes-Benz India, the country’s largest luxury carmaker, plans to sustain its model launch excitement in 2026 to retain its lead. The company plans to launch 12 new models in the current calendar year and expects single-digit growth in a luxury car market weighed down by currency volatility and cautious… Continue reading Mercedes-Benz Lines up 12 Launches for 2026, Sees Single-Digit Growth Amid Currency, Sentiment Headwinds
KTM Parent Company Cuts 500 Jobs as Part of Ongoing Restructuring Effort
Bajaj Mobility AG, formerly known as PIERER Mobility AG and the parent company of KTM Group, announced on January 13, 2026, that it will reduce its workforce by approximately 500 employees as part of a comprehensive efficiency program aimed at strengthening the company’s long-term competitiveness. The job cuts, which primarily affect white-collar positions and middle… Continue reading KTM Parent Company Cuts 500 Jobs as Part of Ongoing Restructuring Effort
Mercedes-Benz India to Locally Produce Maybach GLS, Reports Record Revenue in 2025
Mercedes-Benz India announced on Tuesday that it sold 19,007 vehicles in 2025, marking what the company called its best year for revenue despite a 3% decline in overall unit sales from 19,565 vehicles in 2024. The company will begin local production of the Mercedes-Maybach GLS at its Pune manufacturing facility, making India the first market… Continue reading Mercedes-Benz India to Locally Produce Maybach GLS, Reports Record Revenue in 2025
ZF CV Control Systems India Clarifies ADAS Business Sale Does Not Affect CV Operations
ZF Commercial Vehicle Control Systems India Limited has clarified that the sale of its parent company’s Advanced Driver Assistance Systems (ADAS) business to Harman International Inc., announced on December 23, 2025, does not affect its commercial vehicle operations in India. The company issued the clarification to stock exchanges following investor inquiries about the transaction’s impact… Continue reading ZF CV Control Systems India Clarifies ADAS Business Sale Does Not Affect CV Operations
From Breakthroughs to Accolades: The VOOPOO 2025 Journey
SHENZHEN, China, Jan. 14, 2026 /PRNewswire/ — In 2025, VOOPOO solidified its industry leadership through a year of remarkable innovation and recognition. By consistently aligning advanced technology with intuitive design, the brand achieved widespread acclaim—from top media honors to prestigious international awards. These accolades validate VOOPOO’s commitment to excellence and its focused effort to enhance the… Continue reading From Breakthroughs to Accolades: The VOOPOO 2025 Journey
Goparity acquires Spanish Bolsa Social to consolidate Iberian leadership in impact investing
Acquisition accelerates European expansion and adds equity crowdfunding to the Goparity group’s investment offering LISBON, Portugal, Jan. 14, 2026 /PRNewswire/ — Goparity, a Lisbon-based impact investment platform, announces the acquisition of Bolsa Social, Spain’s first impact crowdfunding platform to be authorised by the Spanish regulator CNMV (Comisión Nacional del Mercado de Valores). This acquisition, led by… Continue reading Goparity acquires Spanish Bolsa Social to consolidate Iberian leadership in impact investing
Abu Dhabi to Host Shoptalk Luxe as Global Leaders in Luxury Retail Convene in the UAE Capital
Taking place 27 to 29 January 2026, the event will convene over 2,000 attendees and 170+ speakers to explore pioneering concepts shaping the next chapter of luxury retail ABU DHABI, UAE, Jan. 14, 2026 /PRNewswire/ — Abu Dhabi will host the inaugural Middle East edition of Shoptalk Luxe on 27-29 January 2026, bringing one of… Continue reading Abu Dhabi to Host Shoptalk Luxe as Global Leaders in Luxury Retail Convene in the UAE Capital