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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
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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
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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.
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Valeo Joins Global Impact Coalition To Accelerate Automotive Plastics Circularity
May 13, 2026
As part of the commitment, Valeo will help establish the rigorous performance standards required for recycled plastics to be used in high-performance automotive components. The collaboration focuses on ‘circular design’ – ensuring that components
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Maruti Suzuki India Selects 6 Startups For AI And Tech-Led Business Solutions
May 12, 2026
Over the last seven years, Maruti Suzuki’s innovation programs have screened more than 6,800 startups. To date, the company has engaged with over 250 startups, and 34 have been officially onboarded as business partners. The company currently operates fo
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SPARX Group Establishes Mirai Creation Fund IV With Strategic Focus On Space
May 11, 2026
The fund marks a strategic evolution from its predecessors by integrating the investment scope of the Space Frontier Fund into the Mirai Creation framework. Consequently, Fund IV will focus on four key technology categories: Intelligent Technologies (incl
