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Silvio Napoli Assumes Role As CEO Of Lucid Following Leadership Transition

Mumbai, June 2 -- American automotive and technology company Lucid Group has announced that Silvio Napoli has officially assumed the role of Chief Executive Officer (CEO), effective immediately. The a... Read More


Uber Invests In ONDC To Deepen Integration With India's Digital Public Infrastructure

Mumbai, June 2 -- Uber, one of the leading rides-hailing platforms, has announced a strategic investment in the Open Network for Digital Commerce (ONDC). The transaction marks one of the earliest equi... Read More


Samarth E-Mobility Launches Avore Electric Two-Wheeler Brand

Mumbai, June 2 -- Ahmedabad-based Samarth E-Mobility, a technology company, has announced the launch of its new electric mobility brand - Avore Electric. Debuting with the tagline 'Intelligence Beyond... Read More


BYD Tops CAM Global Automotive Innovation Ranking In Historic First

Mumbai, June 2 -- Chinese automaker BYD has secured the top position in the global automotive innovation ranking within the Automotive INNOVATIONS Report 2026, published by the Germany-based Center of... Read More


Hero MotoCorp Sustains Growth Momentum With 570,000 Dispatches In May 2026

Mumbai, June 2 -- Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, has reported total wholesale dispatches of 570,068 units for May 2026, up 12 percent YoY, as compared to ... Read More


Dhoot Transmission Partners Israel's RideVision To Bring Advanced ADAS Solutions To India

Mumbai, June 2 -- Dhoot Transmission, an automotive components manufacturer backed by Bain Capital, has entered into a strategic partnership with Israel-based technology company RideVision. The collab... Read More


Servotech Renewable To Invest INR 4 Billion In Haryana To Expand Manufacturing

Mumbai, June 2 -- Servotech Renewable Power System has signed a Memorandum of Understanding (MoU) with the Haryana Enterprises Promotion Centre (HEPC), Department of Industries & Commerce, Government ... Read More


Nissan Motor India Records 118% Domestic Sales Growth In May 2026

Mumbai, June 1 -- Nissan Motor India (NMIPL), one of the leading passenger vehicle manufacturers, has announced its sales performance for May 2026, recording a 118 percent YoY growth in domestic sales... Read More


Tata Motors Passenger Vehicles Sales Grows 42% In May 2026

Mumbai, June 1 -- Tata Motors Passenger Vehicles, one of the leading passenger vehicle manufacturers, has announced its wholesales of 59,790 units for May 2026 across its domestic and international op... Read More


African EV Platform Spiro Raises $215 Million, Pune Tech Center To Drive Continental Scale

Mumbai, June 1 -- African electric mobility and battery-swapping platform Spiro has secured a USD 215 million investment round to accelerate the deployment of its clean energy infrastructure across Af... Read More