Suzuki Motor Corp, Maruti Suzuki India To Establish Osamu Suzuki Centre Of Excellence
- By MT Bureau
- April 23, 2025
Japanese automotive company Suzuki Motor Corporation, along with Maruti Suzuki India, aims to establish the Osamu Suzuki Centre of Excellence (OSCOE) in India as part of their tribute to Late Osamu Suzuki, Former Chairman, Suzuki Motor Corporation.
The former chairman was instrumental in bringing Japanese concepts of manufacturing in India, alongside being instrumental in advancing the automotive industry in the country.
The announcement was made as part of the remembrance event held today for Late Suzuki at Yashobhoomi, Delhi Corporation, who passed away on 25 December 2024, in Japan.
The new OSCOE is proposed to be located in Gujarat and Haryana, and will work towards fulfilling the following objectives:
Support national objective of high manufacturing growth.
Raise the standard of component manufacturers (including tier-1, 2 & 3) to make supply chains of the country globally competitive.
Build infrastructure and develop programmes in collaboration with academia and others to propagate Japanese manufacturing philosophy. The programme would include, but not limited to formal teaching, lectures, discussions and seminars among others.
It will also focus strengthening the manufacturing landscape beyond just automotive sector.
For the unversed, Osamu Suzuki played a crucial role in making car ownership accessible to the common man in the country and driving automotive manufacturing, innovation in India. He won many global awards and recognitions such as -
| Year | Recognition/Award |
| 1987 | Medal with Blue Ribbon, Japan |
| 1993 | Commander’s Cross of the Hungarian Order of Merit, Hungary |
| 2000 | The Order of the Rising Sun, Gold and Silver Star, Japan |
| 2002 | Inducted into a Hall of Fame of Japan Automobile Hall of Fame |
| 2004 | Commander’s Cross with the Star of the Hungarian Order of Merit, Hungary |
| 2007 | Padma Bhushan, India |
| 2020 | Grand Cross of the Hungarian Order of Merit, Hungary |
| 2024 | Senior Fourth Rank, Japan |
| 2025 | Padma Vibhushan, India |
Silvio Napoli Assumes Role As CEO Of Lucid Following Leadership Transition
- By MT Bureau
- June 02, 2026
American automotive and technology company Lucid Group has announced that Silvio Napoli has officially assumed the role of Chief Executive Officer (CEO), effective immediately. The appointment completes a scheduled leadership transition that was initially announced on April 14.
He succeeds Marc Winterhoff, who has completed his tenure as Interim CEO and returned to his previous position as Chief Operating Officer (COO), reporting directly to Napoli.
Napoli joins the software-defined vehicle and technology manufacturer following a career in global industrial management. He most recently served as the Chairman and Chief Executive Officer of the Schindler Group, where his responsibilities covered large-scale international operations, financial management and corporate technology strategies.
According to management, Napoli's immediate operational roadmap for Lucid will prioritise several structural developments, including streamlining internal processes and organisational structures to improve execution while deepening overall customer engagement. He will also be responsible for driving cost competitiveness across the vehicle manufacturing pipelines and instituting stricter accountability metrics across operational teams.
The transition comes as Lucid looks to stabilise its long-term market position and scale its technical product offerings.
Turqi Alnowaiser, Chairman of the Lucid Board of Directors, said, "On behalf of the Board, we are pleased to have Silvio as CEO at this important stage for Lucid. The Board remains fully committed and focused to Lucid's long-term future, and we have strong confidence in Silvio's leadership."
Silvio Napoli, added, "After spending time with our teams and gaining deeper firsthand experience with our products and technology, I'm increasingly confident in our ability to deliver consistent execution and long-term value. Our focus will be on strengthening customer engagement, operating with consistency and accountability, achieving cost competitiveness and streamlining our organization and processes to fully leverage the strength of our team."
African EV Platform Spiro Raises $215 Million, Pune Tech Center To Drive Continental Scale
- By MT Bureau
- June 01, 2026
African electric mobility and battery-swapping platform Spiro has secured a USD 215 million investment round to accelerate the deployment of its clean energy infrastructure across Africa.
The equity round was backed by global institutional investors, including Impact Fund Denmark and Equitane, alongside continued support from long-standing partners such as FEDA.
The pan-African expansion will be anchored by technological innovation, research and development and artificial intelligence-driven energy analytics out of Spiro’s Global Technology and Engineering Center located in Pune, India.
Founded by Indian entrepreneur Gagan Gupta under the Equitane Group, Spiro has transitioned past its proof-of-concept phase to become the largest electric mobility player in Africa. The company's operational infrastructure across the continent includes over 100,000 active electric motorcycles and a network of 2,500 automated battery-swapping stations.
The operations span seven fast-growing urban markets, including Kenya, Rwanda, Uganda, Togo, Benin, Nigeria and Cameroon. It has established a dedicated manufacturing and assembly plants located in Kenya, Rwanda and Uganda, complemented by a battery recycling facility in Nigeria.
The Pune-based innovation hub houses more than 150 engineers and manages over 30 proprietary patents. Technical developments focus on IoT-enabled, solar-powered swap stations and secondary-life battery applications for stationary renewable energy storage.
The new capital will be deployed to expand this battery-swapping network, strengthen local industrial manufacturing footprints, and support entry into additional high-growth African markets, such as the Democratic Republic of the Congo (DRC) and Ethiopia.
The company claims operating a Spiro electric vehicle reduces daily mobility expenses by up to 40 percent, translating to savings of up to USD 2 per day compared to internal combustion engine motorcycles.
A third-party verified lifecycle assessment in Kenya indicated that Spiro's electric bikes deliver a 72 percent reduction in climate impact compared to fossil-fuel alternatives, avoiding roughly 19 tonnes of CO2 emissions over a single vehicle's lifespan. The study also registered an 80 percent reduction in ozone depletion potential and a 20% reduction in particulate matter emissions, mitigating public health risks in rapidly expanding urban centres.
Gagan Gupta, Founder of Spiro and Chairman of Equitane, said, “This past year marked a defining strategic milestone for Spiro. Across seven active markets, our deployment of 100,000 electric vehicles and 2,500 smart-swap stations has turned sustainable mobility into an affordable, everyday reality. Spiro has become a major driver of local industrialization, value creation and manufacturing across African markets with 6,000 sustainable direct and indirect jobs. Supported by our global pool of investors, we are entering our next growth chapter to deliver clean, cost-effective energy and transport alternatives to millions of riders across the continent”.
Lars Bo Bertram, CEO, Impact Fund Denmark, added, “We are investing in Spiro and bringing Danish pension capital into one of Africa’s most promising growth markets because we see potential for significant commercial growth in Spiro and electric mobility across Africa, as well as measurable climate impact. That is exactly the type of investment we want to make”.
Amit Arora Joins VinFast India As Director O2O Sales
- By MT Bureau
- May 30, 2026
VinFast India, one of the youngest electric vehicle manufacturers in the country and part of the Vietnamese conglomerate VinFast Group, has appointed Amit Arora as its new Director – O2O (online-to-offline) Sales.
In his new role, he will be responsible for building VinFast India’s retail presence, focussing on converting digital leads into actual sales.
Arora has more than two decades of experience in the automotive industry across marketing and sales functions. Till recently, he was the Head of Marketing for V-Green, part of VinFast Group, focusing on building the company’s brand presence, customer acquisition and support business growth in the EV charging ecosystem.
He also oversaw brand positioning, campaigns, partnerships and demand generation across segments.
Prior to that Arora, spent close to 11-years at Maruti Suzuki India as Senior Manager for International Markets, focussing on the Latin America and Oceania region. He also spent around 6 years of his career at Hyundai Motor India and rose to the ranks of Head of Sales Marketing Strategy.
Arora is a Commerce Graduate from Shaheed Bhagat Singh College and also holds a Postgraduate Degree in International Business from Birla Institute of Management Technology (BIMTECH).
- Aprilia Racing
- Monster Energy
- Aprila RS-GP
- FIM Grand Prix
- Marco Bezzecchi
- French Grand Prix
- Massimo Rivola
- Mitch Covington
Aprilia Racing And Monster Energy Announce Multi-Year MotoGP Sponsorship Agreement
- By MT Bureau
- May 29, 2026
Aprilia Racing and Monster Energy have announced a multi-year partnership during the Grand Prix of Italy. The agreement initiates a collaboration between the two brands starting from the 2026 season, with Monster Energy scheduled to elevate its involvement to become the team's title sponsor for the 2027 championship.
Under the agreement, Monster Energy’s three-claw logo will be displayed on the factory Aprilia RS-GP bikes, rider leathers and official team assets. The arrangement marks the first time Aprilia Racing has signed a title sponsor for its premier class campaign.
The partnership coincides with a period of competitive growth for the Noale-based manufacturer. In 2025, Aprilia established itself as the European manufacturer with the most wins in FIM Grand Prix history, securing third place in the riders’ championship with Marco Bezzecchi and second place in the manufacturers' standings. During the 2026 season, the factory team has recorded victories in the opening three rounds, podium finishes across the first five races, a podium lockout at the French Grand Prix, and currently leads the rider, manufacturer and team standings.
Massimo Rivola, CEO of Aprilia Racing, said, “We are extremely happy to announce this partnership with a global company like Monster Energy, who will be alongside us in 2026 as main sponsor and who will take on the role of title sponsor in 2027. This agreement represents a milestone for Aprilia Racing and the crowning moment of our path of success. For this reason, we are particularly proud of this collaboration which will contribute to further reinforcing the ambition of our project. I would like to thank Monster Energy for the trust they have placed in us, and we will do everything we can to ensure that it pays off as we begin this new chapter together.”
Mitch Covington, Senior Vice-President of Sports Marketing, Monster Energy, added, “Partnering with Aprilia Racing marks an exciting step forward for Monster Energy in MotoGP. The team has established itself as one of the most competitive and progressive forces in the championship, and we are looking forward to being part of that journey as it continues to evolve. MotoGP represents the pinnacle of two‑wheel racing, and it remains a key platform for Monster Energy to connect with fans globally. Together with Aprilia Racing, we are committed to elevating that connection and contributing to the continued growth and momentum of the sport.”

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