Rakesh Srivastava, the former Managing Director of Nissan Motor India, has been appointed as a Partner at Helyxa Consulting Group, a newly launched firm of senior professionals. Srivastava joins a team with over 150 years of collective experience from top-tier companies across various industries.

Helyxa Consulting Group, which was established on India's Independence Day, is focused on enabling India's growth journey and building a ‘Viksit Bharat’ in line with the vision of a USD 30 trillion economy by 2047. The firm aims to accelerate the growth of Indian companies by providing services in key areas including – AI Transformation, Board Advisory, Deals & Partnerships, Innovation in Entrepreneurship, Leadership & Culture Transformation and Planning & Process Transformation.

Srivastava will work alongside other key partners, including Managing Partner Bhanu Sharma, former President and Global Head of HR and IT at Tega Industries, and Partner Raman Madhok, a board member at Johnson Controls Hitachi and former Joint Managing Director and CEO of JSW Steel. The leadership team also includes Bindu Bhatia and Harish Bhatia.

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The latest wholesales data shared by the Society of Indian Automobile Manufacturers Association (SIAM) for Q2 FY 2025–26 shows mixed domestic performance across segments, but strong growth in exports.

During Q2, passenger vehicle sales stood at 1.04 million units, down 2 percent compared to 1.05 million units last year. However, sales in September 2025 were up by 4 percent, with SUV segment with 204,938 units, down 1 percent YoY, accounting for around two-thirds of sales.

Two-wheelers posted sales of 5.56 million units, a growth of 7 percent YoY, supported by higher economic activity and the positive impact of a GST rate reduction. The scooter segment grew by 12 percent, compared to 5 percent YoY growth in motorcycles.

Three-wheelers recorded their highest-ever Q2 sales of 229,239 units, with a growth of 8 percent YoY, driven by the Passenger Carrier sub-segment’s 12 percent growth YoY.

Commercial vehicles sales stood at 239,781 lakh units, reflecting a growth of 8 percent YoY. Growth was broad-based, with Medium & Heavy Commercial Vehicles (MHCVs) and Light Commercial Vehicles (LCVs) both showing improvement.

The industry enters the second half of FY 2025–26 with renewed cheer, supported by the festive season momentum, stable macroeconomic conditions and GST 2.0 reforms. The extended festive and wedding season is expected to sustain growth momentum through Q3.

Shailesh Chandra, President, SIAM, said, "The GST 2.0 reform is a landmark decision of the Government of India, which apart from catapulting the Indian auto industry to the next level, would bring in vibrancy in the entire economy, as this industry is closely intertwined with strong forward and backward linkages. Inspite of the new GST rates coming into effect from of September, i.e. only for 9 days of the month, Passenger Vehicles, Two-Wheelers and Three-Wheelers have already posted their highest ever sales of September. In addition, very strong exports growth, in all segments in Q2, indicates the growing brand acceptance on Indian made vehicles. Looking ahead, the outlook for the sector remains encouraging on the back of key tailw

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Bengaluru-based Micelio Mobility, which calls itself a catalyst for India’s clean mobility ecosystem, fostering innovation and collaboration across startups, corporates and academia successfully hosted its Global Clean Mobility Summit 2025.

The event saw discussions on the future of electric vehicles (EVs) in India with participation from leaders from industry, policy and academia.

Tarun Mehta, Co-founder and CEO of Ather Energy, received the ‘Individual Contributor of the Year 2025 Award’ for his work in India’s clean mobility sector.

Shreyas Shibulal, Founder & Director, Micelio Mobility, said, “India stands at a decisive point where clean mobility must evolve from aspiration to acceleration. The collaborations and innovations we witnessed today reaffirm Micelio’s belief that sustainable transport will define not just the next decade of growth but the next era of progress. Micelio remains deeply committed to nurturing ideas that can power a cleaner, more connected and equitable mobility ecosystem for all.”

C V Raman, Member of Executive Committee, Maruti Suzuki India, spoke on the country’s journey toward self-reliance. He stressed that mobility will be a catalyst for the economy to become a developed economy by 2047.

Jan Kuenne, of Grundig Akademie fur Wirtschaft & Technik, highlighted the importance of integrated design, data and investment for infrastructure.

Kuenne said, “Every visit to Bengaluru reminds me why this city is so special; the innovation here is unlike anywhere else. The ideas coming out of India are shaping the future of clean mobility for the world. We’re not just talking about electric vehicles; we’re talking about reimagining how cities move. From digital twins to new mobility systems, India is showing that sustainability and progress can go hand in hand. Together, we can create a world where clean, smart and responsible movement becomes the new normal.”

The summit released Micelio’s report, 'Closing the Loop: Building a Roadmap for Battery Circularity in India'. A Knowledge Roundtable agreed that upskilling and reskilling are required to make India industry ready for EV scaling.

The event also highlighted the collaboration between Micelio Mobility and the Automotive Research Association of India (ARAI) on the Digital Twin Lab for EV testing.

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Fery Rides, an Indian mobility start-up focussing on women's transportation led by women, has raised INR 20.75 million in a seed funding round led by IAN Angel Fund, part of IAN Group, with participation from Hari Balasubramanian, Uday Chatterjee and Sri Prakash.

The funding will be used to strengthen the technology platform, expand operations beyond the NCR region and onboard more women drivers, which the start-up refers to as Sister Partners.

The start-up aims to provide safe and reliable transport for women passengers, with every ride operated by trained and verified women drivers. The platform is developed by Ajay Kumar, alongside Vindhya Mehrotra and Himanshu Chaubey, with a key focus on women's safety.

The all EV service uses an app for onboarding, real-time tracking with SOS alerts and WhatsApp-enabled customer support.

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Sterling Tools, a leading automotive component manufacturer, has announced its subsidiary Sterling Gtake, which focusses on electric vehicle, has been rebranded as Sterling E-Mobility Solutions.

The company stated that the strategic rebranding is part of its portfolio expansion and its aim to be an integrated solutions supplier for EV powertrains and power electronics.

Anil Aggarwal, Chairman, Sterling Tools, said, “We are proud to begin this new chapter as Sterling E-Mobility Solutions. This rebranding reflects our commitment to delivering integrated EV solutions powered by global innovation and local expertise. Our exclusive partnership with Gtake remains strong, and we’re excited to explore new collaborations that strengthen our leadership in the EV ecosystem. We thank our partners and customers for their continued trust and support as we work together to shape India’s e-mobility future.”

In May 2025, Sterling entered into a technology licensing agreement with Advanced Electric Machines (AEM), UK, to manufacture magnet-free motors in India. In Sep 2025, the company announced another key partnership with Landworld Technology Co., China, for their range of on-board chargers and DC/DC converters.

Furthermore, the company’s existing relationships with Jiangsu Gtake Electric Co., for the Indian market, remains strong and unchanged. This partnership continues to flourish, with multiple products being developed by Gtake and localised by Sterling to meet domestic requirements.

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