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Scooter industry on track for record sales of 6.75 million units in FY2025

Ajit Dalvi     calendar24 Mar 2025

Scooter makers in India need to sell another 453,181 units in March to surpass the segment’s best-ever sales of 6.71 million units in FY2018. While Honda remains No. 1 with a 42% market share, TVS has posted 24% growth with 1.65 million uni...

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JK Tyre-Constitution Club Car Rally Promotes Road Safety in New Delhi News
JK Tyre-Constitution Club Car Rally Promotes Road Safety in New Delhi

autherAngitha Suresh calendar23 Mar 2025

The ninth edition of the annual event saw over 50 parliamentarians participate to raise awareness about responsible dr...

India's EV Battery Plans May Run into Domestic Supply Glut - ICRA News
India's EV Battery Plans May Run into Domestic Supply Glut - ICRA

autherKetan Thakkar calendar23 Mar 2025

Besides Oversupply, the rating agency highlights risks such as execution challenges and China dependency.

Yuma Energy to Triple Revenue with Expanded Battery-Swapping Network Feature
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Yuma Energy to Triple Revenue with Expanded Battery-Swapping Network

By Darshan Nakhwa, Kiran Murali, and Prerna Lidhoo calendar22 Mar 2025

Yuma Energy has more than doubled its business to 50,000 swaps per day over a year, and plans to increase it to 1.5 la...

Motherson Plans $5-7 Million Additional Investment in REE Automotive News
Motherson Plans $5-7 Million Additional Investment in REE Automotive

autherSarthak Mahajan calendar22 Mar 2025

SMIL subsidiary maintaining ownership stake as REE raises new funding round to support order book commercialisation.

Samvardhana Motherson Approves ₹200 Crore Investment in CIM Tools News
Samvardhana Motherson Approves ₹200 Crore Investment in CIM Tools

autherSarthak Mahajan calendar22 Mar 2025

Automotive components manufacturer increases stake in aerospace subsidiary through convertible debentures, aiming to s...

India's Li-ion Battery Industry to See Over ₹75,000 Crore Investment by 2030: ICRA News
India's Li-ion Battery Industry to See Over ₹75,000 Crore Investment by 2030: ICRA

autherSarthak Mahajan calendar22 Mar 2025

A report by ICRA projects that India will have over 150 GWh of lithium-ion battery cell capacity by 2030, with investm...

Bajaj Auto sells 16,245 Chetaks in March 1-21, TVS and Ola separated by 91 units  Analysis Sales
Bajaj Auto sells 16,245 Chetaks in March 1-21, TVS and Ola separated by 91 units 

By Ajit Dalvi calendar22 Mar 2025

Bajaj Auto, which topped electric two-wheeler retail sales in the first two weeks of March 2025, maintains its lead in...

Kobelco Construction Equipment India Produces 20,000th Excavator, Expands R&D Operations News
Kobelco Construction Equipment India Produces 20,000th Excavator, Expands R&D Operations

autherSarthak Mahajan calendar21 Mar 2025

The company has reached a production milestone at its Sri City facility and is enhancing its research and development...

EV Insurance Demand Grows 16-Fold in Three Years, Driven by Urban Markets News
EV Insurance Demand Grows 16-Fold in Three Years, Driven by Urban Markets

autherSarthak Mahajan calendar21 Mar 2025

Data from Policybazaar shows a significant rise in EV insurance adoption, with urban centers leading demand. EV car in...