Gunter Butschek Joins Tata Motors Board As Independent Director
- By MT Bureau
- March 14, 2025
Tata Motors, a leading passenger vehicles and commercial vehicles manufacturer, has further strengthened its Board with the appointment of Gunter Butschek as Additional Non-Executive Independent Director for five years (1 May 2025 to 30 April 2030).
This marks a homecoming for Butschek, who played a key role for Tata Motors as its Chief Executive Officer from February 2016 to June 2021. He can be credited with the Tata Motors Turnaround 2.0 strategy, which saw the automaker regain lost ground in the passenger vehicle segment and expand market share in the commercial vehicle segment.
Butschek has global experience as a professional leader of multinational companies in countries such as South Africa, China, India, South Korea and Europe. A turnaround and transformation specialist, he has been associated with companies such as Airbus and Daimler Group, to name a few.
He currently serves as the CEO of Germany-based Cubonic, which is working on customisable light commercial vehicle solutions offering automated to autonomous driving capabilities. Butschek is also associated with UK-based Cheesecake Energy as a Non-Executive Director from 1 February 2023.
- Rajendra Petkar
- Tata Motors
- Tata Technologies
- ARAI
- Automotive Research Association of India
- SIAM
- Society of Indian Automobile Manufacturers
Tata Motors’ President & CTO Rajendra Petkar To Step Down
- By MT Bureau
- October 30, 2026
Rajendra Petkar, President and long-time Head of Engineering at Tata Motors, is to step down after an illustrious career of nearly four decades, according to media reports.
Petkar has rich experience in vehicle engineering and technology development across passenger cars and commercial vehicles. He has played a key role in reshaping the latest product portfolio at Tata Motors as he drove technological transitions managing Emerging Mobility & Technology Strategy at the automaker.
In his tenure as President and Chief Technology Officer of Tata Motors, Petkar managed an engineering division of over 5,000 personnel spanning technical centres in India, the United Kingdom and Italy.
Petkar led the introduction of battery electric vehicle platforms, the commercialisation of hydrogen fuel cell buses and the initial deployment of hydrogen internal combustion engine (ICE) trucks. Before re-joining Tata Motors, Petkar was deployed from Tata Technologies to Tata Motors between October 1999 and September 2015.
Beyond his corporate roles at Tata Motors, Petkar served as President of the Automotive Research Association of India (ARAI) from 2021 to 2023, Chairman of the Sustainable Mobility Group at the Society of Indian Automobile Manufacturers (SIAM), and Member of the National Automotive Board, alongside holding positions as an Independent Director across multiple corporate boards.
- Hyundai Motor India
- HMIL
- Hyundai Innovation Challenge 2026
- ZER01NE
- Hyundai Motor India Engineering
- HMIE
- Pulse Energy
- Novus Hi-tech
- CraftifAI
- AmpereHour
- Enmovil
- GoComet
- Haulog Technologies
- Syook
- Unbox Robotics
- Motiv AI
- AMI Technologies
- Dasham Labs
- AltMat
- Simlioncis
- Ravity
- EmpFly Services
- Tarun Garg
Hyundai Motor India Shortlists 16 Startups Under Inaugural Hyundai Innovation Challenge 2026
- By MT Bureau
- October 30, 2026
Hyundai Motor India (HMIL), one of the leading passenger vehicle manufacturers, has concluded the Hyundai Innovation Challenge 2026, shortlisting 16 startups from a pool of 980 applications nationwide to explore technology collaborations and commercial engagements.
Supported by Hyundai Motor Group’s open innovation platform ZER01NE, the challenge was launched in April 2026 across 15 thematic areas, including electrification, smart mobility, connectivity, Advanced Driver Assistance Systems (ADAS), artificial intelligence, customer experience and vehicle technologies.
The 16 shortlisted firms presented their solutions to executive teams from HMIL and Hyundai Motor India Engineering (HMIE) during the Grand Pitch Day on 29 October 2026.
The shortlisted startups comprise Pulse Energy, Novus Hi-tech, CraftifAI, AmpereHour, Enmovil, GoComet, Haulog Technologies, Syook, Unbox Robotics, Motiv AI, AMI Technologies, Dasham Labs, AltMat, Simlioncis, Ravity and EmpFly Services.
As a next step, HMIL and HMIE will evaluate opportunities to engage with the selected entities through paid Proofs-of-Concept, technology validation programs, and pilot implementations to assess the commercial viability of their solutions.
Tarun Garg, MD & CEO of Hyundai Motor India, said, "The Hyundai Innovation Challenge 2026 reflects our belief that the future of mobility will be driven by collaboration between established industry leaders and innovative startups. The enthusiastic participation from startups demonstrates the tremendous entrepreneurial talent and technological capability that exists in India. Through this initiative, we have discovered innovative solutions and established meaningful relationships that can contribute to shaping smarter, safer, and more sustainable mobility experiences. We remain committed to supporting the startup ecosystem and transforming promising ideas into impactful solutions for customers and society."
TVS Apache Racing Experience GP Returns For Season 3 With Seven-Country Calendar
- By MT Bureau
- October 29, 2026
TVS Racing has announced that the third season of the TVS Apache Racing Experience GP (ARE) International will begin on 15 November 2026, marking the widest reach yet for the customer-focused championship. The 2026–27 series will visit seven nations – India, Mexico, Colombia, Nepal, Morocco, Egypt and Ivory Coast – as the brand pushes to widen access to competitive riding. Organisers describe the move as a step towards a structured and aspirational entry point into motorsport while extending the company's international racing footprint.
The upcoming season will run multiple categories, including a women's customer class introduced earlier, and will extend to 20 cities with over 1,200 expected entrants. To date, the property has already covered 20 cities and drawn more than 4,000 participants since launching. TVS Racing views the growth as part of a wider mission to make the sport more inclusive and open to ordinary enthusiasts.
Originally launched in 2007, the initiative gave Apache owners a safe, professional setting in which to try competitive racing. It was reorganised into a formal championship in 2023. The 2025–26 edition took the series abroad for the first time, spanning India, Mexico, Colombia and Nepal and closing with a finale at the Madras International Circuit in Chennai. The third season builds on that foundation.
The championship now serves customers, enthusiasts and budding racers alike, drawing them together around performance and competition. The Apache line has over seven million international customers, backed by the Apache Owners Group, which counts more than 500,000 registered members. More details are available on the company website.
Vimal Sumbly, Head – Premium Business, TVS Motor Company, said, “TVS ARE GP has grown from a customer racing platform into a championship that embodies TVS Racing’s belief in making competitive motorsport more accessible and creating a strong pathway for racing talent. As we enter Season 3, our expansion to seven countries marks an important step in taking this racing ecosystem to a truly global stage. For us, this is not simply about expanding the championship’s footprint but about extending our racing culture, expertise and standards to riders across markets while creating opportunities for emerging talent to experience competitive racing. With a strong foundation built on championships and a deep understanding of grassroots motorsport, TVS ARE GP is evolving into a globally connected platform that will continue to nurture riders, strengthen racing communities and take the spirit of TVS Racing to the world.”
- BYD
- United Nations Global Compact
- UN Sustainable Development Goals
- Sustainability
- Carbon Neutrality
- New Energy Vehicles
BYD Officially Joins UN Global Compact As It Advances Carbon Neutrality Goals
- By MT Bureau
- October 27, 2026
Chinese automotive major BYD has become a participant of the United Nations Global Compact (UNGC), formally joining the world’s largest corporate sustainability initiative on 14 September 2026. The Chinese new energy vehicle manufacturer has committed to upholding the compact’s Ten Principles while embedding the UN Sustainable Development Goals (SDGs) more deeply into its corporate strategy and daily operations, with the company framing the move as a contribution to global sustainable development through concrete action.
The UN Global Compact, founded in 2000, pioneered the concept of environmental, social and governance performance and now counts more than 25,000 participating enterprises across over 160 countries. It works to translate its Ten Principles into business operations and strategic development, helping companies meet their compact responsibilities while advancing the UN’s 2030 Agenda for Sustainable Development. The initiative also promotes collaboration and partnerships aimed at addressing the challenges of globalisation and accelerating sustainability worldwide.
BYD, the world’s largest new energy vehicle enterprise, sells its vehicles in more than 100 countries and regions. Guided by its vision to cool the Earth by 1°C, the automaker stopped producing purely fuel-powered vehicles in 2022, becoming the first carmaker to do so, and aims to reach carbon neutrality across its entire value chain by 2045. Its DREAMS sustainability strategy, unveiled in 2025, rests on six pillars: decarbonisation, revolution, equity, alliance, moral integrity and shared value. In 2025, BYD delivered 4.6 million new energy vehicles and reduced carbon emissions by 46.6 million tonnes, equivalent to planting 776 million trees. It has also established a RMB 3 billion charity fund supporting education, university scholarships and the popularization of new energy vehicle technology.
The company described joining the compact as a milestone in its sustainability journey. Going forward, BYD intends to adhere strictly to the initiative’s principles and requirements, fulfil its corporate social responsibility and promote responsible governance and business practices throughout its operations while working with value chain partners to advance broader sustainable development goals.

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