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Mexico Unveils Olinia, Its First Domestic EV Brand Targeting The Ultra-Affordable Market
June 10, 2026
The Olinia Uno is expected to cost approximately MXN 150,000 or USD 8,600 (INR 716,466), comes with a 14.7 kWh battery, with a claimed range of approximately 125 km per charge and a top speed of 50 kmph. The EV is expected to offer a low running cost of a
MT Bureau
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Ultraviolette Becomes First Indian Bike Brand To Complete Isle Of Man TT Mountain Circuit
June 09, 2026
Ultraviolette has entered the record books as the first motorcycle manufacturer from India to tackle and finish the gruelling Isle of Man TT Mountain Circuit. This world-famous course, stretching 37.72 miles (60.72 kilometres), is widely considered one of
MT Bureau
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Spiro Onboards Former IndoFast Energy Head Anant Badjatya As Group CEO
June 09, 2026
In his new role, Badjatya will manage the group's initiatives across battery swapping, leasing, logistics, energy, and vehicle manufacturing. Concurrently, Kaushik Burman will remain with the company as CEO of Mobility to manage the fleet across Spiro's s
MT Bureau
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TVS Motor Company Hosts Nature-Positive Workshop, Releases White Paper On World Environment Day
June 09, 2026
TVS Motor Company (TVSM), part of TVS VENU, partnered with the UN Global Compact Network India to host a World Environment Day 2026 workshop at the TVS Institute for Quality and Leadership in Anekal, Bengaluru. The event – held under the theme ‘Inspir
MT Bureau
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Supreme Court Restrains Amara Raja From Fresh Sales Of Red Elito Batteries, Backing Exide's Trade Dress
June 08, 2026
The Supreme Court order permits Amara Raja’s channel partners to liquidate only the red Elito products that were already present in the market and manufactured prior to the Division Bench order dated 2 April 2026. The main lawsuit remains pending.
MT Bureau
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Auto Retail Sales Stay Resilient in May; Dealers Hopeful of Stronger Demand Ahead
June 08, 2026
Looking ahead, dealers remain cautiously optimistic. For June, over half of dealers expect growth, supported by the progress of the southwest monsoon, Kharif sowing preparations, the tail-end of the marriage season and a stable interest-rate environment.
MT Bureau
