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BYD Looks To Acquire European Plants From Stellantis & Others
May 16, 2026
Interestingly, the report further mentioned that BYD may also be open to acquiring European luxury brands such as Stellantis’ Maserati, which she found ‘very interesting’.
MT Bureau
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Petrol And Diesel Price Hiked
May 15, 2026
Petrol And Diesel Price Has Been Hiked Across 4 Metro Cities In India
Bhushan Mhapralkar
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The Climate Pledge And C40 Cities Unveil India’s First National EV Freight Highway Guidance
May 14, 2026
The Climate Pledge, co-founded by Amazon, has introduced a landmark evidence-based framework for converting India's diesel freight fleet to battery electric trucks, developed alongside the C40 Cities climate network. The National EV Highway Guidance Frame
MT Bureau
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E-Bus Penetration To Reach 40% Of Annual Sales In India By FY2035: KPMG India Report
May 14, 2026
The report notes that the Indian bus market, which typically averages 35,000 to 50,000 units annually, is transitioning due to electrification and infrastructure investment. Buses currently account for nearly 57 percent of passenger-kilometres travelled i
MT Bureau
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Honda Targets JPY 6.2 Trillion Investment By FY2029, Revamp Strategic Roadmap
May 14, 2026
Interestingly, it has identified India as one of three ‘priority regions’ (alongside North America and Japan) central to Honda's future growth strategy. To address past limitations in the region, Honda is shifting away from standard global specificati
MT Bureau
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Automotive Wholesales Continue Dream Run In April, West-Asia Crisis Could Impact Momentum
May 14, 2026
Notably, passenger cars segment grew at 33 percent, SUVs at 21 percent, motorcycles at 31 percent, three-wheelers e-cart at 55 percent and goods carrier at 45 percent, YoY, respectively, reported robust growth.
MT Bureau
