Eicher Motors Limited (EML) – the listed parent of Royal Enfield apart from being a partner in Volvo Eicher Commercial Vehicles (VECV), a joint venture commercial vehicle unit with Volvo – has reported its best ever Q2 FY2024-25 with a revenue of INR 42.63 billion from operations. It was INR 41.15 billion in the corresponding period of FY2023-24.  
The EBITDA during the respective period was INR 10.88 million as compared to INR 10.87 million in the corresponding quarter last fiscal. Profit After Tax was INR 11 billion, an increase of 8.3 percent as compared to INR 10.16 billion during the same period last year. 
During the quarter, Eicher Group company Royal Enfield recorded sales of 2,25,317 motorcycles as compared to 2,29,496 motorcycles sold during the same period in FY2023-24. 
For Q2 FY 2024-25, VECV’s revenue from operations was INR 55.38 billion, up by 8.0 percent over the previous year’s revenue of INR 51.26 billion.  EBITDA for the second quarter was INR 3.95 billion as compared to INR 4.02 billion last year. 
Profit After Tax (PAT) stood at INR 2.09 billion as against INR 1.87 billion last year. VECV recorded sales of 20,774 vehicles in the second quarter over 19,551 vehicles last year. 
Siddhartha Lal, Managing Director, Eicher Motors Ltd, mentioned, “During this quarter, we have continued to sustain the momentum both at Royal Enfield and VECV. At EICMA, earlier this month, we launched two motorcycles on our 650-Twin platform; the Bear 650, and the Classic 650. In addition to this, Royal Enfield marked its foray into electric mobility with a new EV brand - the Flying Flea. With an intent to disrupt and grow the electric motorcycle segment, we are approaching it with the same singularity, focus and unconventionality with which we have grown and energized the global mid-size segment over the last several years. Under the Flying Flea we will have a portfolio of differentiated electric motorcycles for city+ mobility. On the commercial vehicle front, VE Commercial Vehicles delivered its best Q2 ever, with strengthened market shares in truck segments. This is commendable against the backdrop of lower industry volumes as compared to Q2 of last year.”
B. Govindarajan, CEO, Royal Enfield and Whole-time Director of EML, said, "This quarter we launched two stellar motorcycles - the Guerrilla 450 and the 2024 Classic 350 in an all-new avatar and response to both these motorcycles has been remarkable. We have also made significant progress on expanding and strengthening our footprint outside India as we debuted the brand in Bangladesh with our new flagship store in Dhaka, and a manufacturing and assembly unit in the country. We are also setting up a second CKD in Brazil early next year. Basis the strong legwork that we put in during Q2 this year, we were able to achieve a very special milestone for Royal Enfield in terms of our festive sales performance in October. We outperformed all our previous monthly sales performance and achieved over 1,00,000 sales in a single month. These initiatives underscore our commitment to our long-term strategic goals and to continue delivering pure motorcycling experiences across the globe.” 
Speaking on the performance, Vinod Aggarwal, MD and CEO, VECV, said, “VECV delivered its highest ever second quarter sales during Q2 FY25 growing 6.2 percent over Q2 FY24 and attaining leadership in the Light and Medium Duty (LMD) segment during the quarter. This growth was against a drop in CV industry volumes of 10.8 percent in the same period and stands as a testament to our broad product range backed by fast-expanding network coverage focused on delivering uptime to customers. Margins remained under pressure in a competitive market as we successfully continued to invest in growing our heavy-duty truck presence. We took another step in our sustainability journey, signing a MoU for deployment of 500 Eicher Pro 6055 LNG trucks.”
Royal Enfield forayed into the EV space by announcing the launch of its completely new electric vehicle brand, Flying Flea at EICMA show in Milan, Italy, recently. 
The debut featured two models – the Classic-styled Flying Flea C6 and the Scrambler-styled Flying Flea S6. 
The two-wheeler company also revisited its legacy with two new models on the 650 Twin platform – the Bear 650 (a robust scrambler, designed for riders who follow their instincts, featuring versatile capabilities to enhance the riding experience) and the Classic 650 powered by the celebrated 650 Twin engine for a ride that is both swift and elegant. 
Strengthening its global footprint, Royal Enfield, in n the SAARC region, commenced operations of its Manufacturing Unit (Category 2) and flagship showroom in Bangladesh. The facility will engage in local production and assembly of four flagship models – Hunter 350, Meteor 350, Classic 350 and Bullet 350 specifically for the Bangladesh market. 
Royal Enfield has announced its intent to set up a new CKD unit in Brazil by January 2025 which will help diversify its operations and expand its presence in the automotive market.

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European auto major Stellantis has installed a blanking press at its Warren Stamping Plant in Michigan to increase in-house production capacity. This development supports the manufacturing of components for Chrysler, Dodge, Jeep and Ram vehicles in North America.

The Warren Stamping Plant and the Sterling Stamping Plant supply components – including hoods, doors and liftgates – to assembly plants in the U.S., Canada and Mexico. These operations contribute to the volume growth targets established in the FaSTLAne 2030 strategy.

Ed Daniels Jr., Vice-President of North America injection and stamping operations, Stellantis, said, “When people think about vehicle manufacturing, they usually picture the assembly line. But stamping is where that work begins. Sterling and Warren give our North America operations the scale, speed and flexibility needed to deliver precision parts on time, support key vehicle programs and help drive sustainable, profitable growth. As Stellantis executes its USD 13 billion U.S. investment plans, these plants and the people behind them are critical to strengthening our manufacturing foundation and keeping assembly operations moving.”

The new press at the Warren facility is expected to produce between 4.5 million and 6 million parts annually for the Ram 1500, Wrangler, Gladiator and Grand Cherokee.

Curtis Booth, Vice-President and Plant Manager, Warren Stamping Plant, Stellantis, added, “The new press has the capacity to produce between 4.5 million and 6 million parts annually for vehicles, including the Ram 1500 and three Jeep models – the Wrangler, Gladiator and Grand Cherokee. Together, the Hellcat line and the new blanking press give WSP the ability to both prepare and form critical vehicle components within a highly integrated manufacturing operation.”

Quality control is maintained using the Automated Body Inspection System, which validates geometry and precision during production.

Greg ‘Butch’ Bauer, Vice-President and plant manager, Sterling Stamping Plant, Stellantis, said, “Our workforce is what makes an operation like this possible. There’s a level of ownership and pride across every shift that ensures we’re delivering the same quality and performance at all times.”

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Chennai-headquartered two-wheeler and three-wheeler major TVS Motor Company has reached a new production milestone with the rollout of the one-millionth TVS iQube electric scooter from its manufacturing facility in Hosur.

This achievement, reached six years after the model's 2020 launch, highlights the adoption of electric two-wheelers in the Indian market.

The company said that the iQube community has achieved significant metrics since the model’s introduction, including covering 14.94 billion kilometres, 522,969 tonnes of CO2 saved, which translates to nearly plantation of 20.9 million trees.

The iQube portfolio has expanded since 2020 to include various battery capacities, range options and connectivity features. TVS Motor Co has supported this growth through a service and sales network consisting of more than 3,300 touchpoints across 3,000 cities.

Sudarshan Venu, Chairman, TVS Motor Company, said, “The rollout of one million TVS iQubes reflects the scale at which electric mobility is becoming part of everyday life in India. The milestone is built on years of investment in engineering, innovation and manufacturing capabilities that have enabled us to build world-class electric mobility solutions designed and manufactured in India for the world.”

The company credits this milestone to its focus on in-house R&D and manufacturing, noting that the iQube serves as a central element of its strategy to support India's transition to sustainable, self-reliant mobility.

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Solaris, a leading European bus manufacturer, has opened a production hall in Sroda Wielkopolska, which further supplements the company’s manufacturing operations, including a welding plant established in the area in 1998.

The 7,000-square-metre facility is dedicated to the assembly of city buses. Previously, this stage occurred only in Bolechowo, but production will now take place at both sites. This development increases production capacity by 500 vehicles per year, bringing the firm closer to a target of 2,000 vehicles annually. The project has created 300 jobs, with additional roles generated in the supply chain.

In 2025, Solaris delivered 1,631 vehicles, of which 86 percent were battery-electric, hydrogen or trolleybus models.

The company is supplying the buses to its customers in the United States and Canada and plans to further expand its intercity bus range in Europe.

Agata Standa, CEO, Solaris, said, “We are investing in expanding our production capacity and product portfolio to meet the growing demand for sustainable transport in Europe and in new markets.”

Solaris has secured 47 hectares of land in Sroda Wielkopolska for a second facility dedicated to intercity buses, which is scheduled to reach operational status in 2029.

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Chinese new energy vehicle company NIO has announced that on 22 June 2026, the World Economic Forum (WEF) officially designated NIO Factory Two (NIO F2) as a member of its Global Lighthouse Network (GLN). This recognition highlights NIO’s success in deploying Fourth Industrial Revolution technologies at scale.

The WEF selection process, conducted in partnership with McKinsey & Company, evaluated NIO F2 on its ability to integrate advanced digital and AI-driven systems. NIO was specifically recognised for:

• Integrated Ecosystem: Developing a real-time, closed-loop system that connects in-vehicle AI, battery swap networks and a digital twin platform.
• Operational Efficiency: The factory manages over 3.6 million vehicle configurations, which has successfully accelerated speed-to-market by 44 percent.
• R&D Automation: The implementation of advanced systems has allowed for the automation of 90 percent of R&D workflows.
• AI-Driven Decision Making: Approximately 80 percent of manufacturing scenarios at the facility are now supported by AI-driven decision-making, leveraging a mix of industrial AI algorithms and in-house developed foundation models.

NIO F2 is a fully digitalised smart factory located in the Xinqiao Industrial Park. Prior to this international recognition, the site earned several domestic accolades, including the National Green Factory awarded by China’s Ministry of Industry and Information Technology (MIIT) and the Super Automotive Factory designated by the China Automotive Technology and Research Center (CATARC).

Beyond its technical achievements, the factory maintains an open-engagement policy. Since 2018, NIO’s assembly plants have hosted nearly 300,000 global visitors, aiming to showcase the advancements in China’s intelligent manufacturing ecosystem.

NIO intends to use the GLN standards as a benchmark for its future manufacturing systems, continuing the integration of AI to set new standards in intelligent EV production.

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