Mumbai-headquartered commercial vehicle and passenger vehicle major Tata Motors has announced its wholesales for FY2025 and March 2025.

The company sold a total of 912,155 vehicles across the passenger vehicle and commercial vehicles segment, which was 4 percent lower compared to last year. This includes 358,570 commercial vehicles, down 5 percent YoY and 553,585 passenger vehicles, down 3 percent YoY. 

For March 2025, the commercial vehicle sales came at 90,500, a flat decline as compared to 90,822 units last year, while passenger vehicle sales came at 51,616 units, up 3 percent YoY as compared to 50,110 units for the same period last year.

Girish Wagh, Executive Director, Tata Motors, said, “FY2025 ended on a positive note for commercial vehicles industry, post the YoY demand decline witnessed earlier. Tata Motors Commercial Vehicles navigated the headwinds effectively, to record wholesales of 376,903 units, outpacing industry growth in trucks and commercial passenger carriers, thereby strengthening its Vahan registration market share. Reinforcing our commitment to green, future-ready technologies, we launched India's first hydrogen-powered heavy-duty truck trials, while our e-bus fleet collectively covered over 30 crore km nationwide. In Q4 FY2025, the sustained YoY improvement in sales volumes over successive quarters gained further momentum with both trucks and passenger carriers registering healthy growth, in line with the annual trend.”

“Looking ahead to FY2026, we anticipate sustained growth despite global headwinds. Demand is expected to rise, driven by higher fleet utilisation, financial support from rate cuts, lower crude oil prices and a renewed focus on large-scale infrastructure projects. At the same time, we remain mindful of the potential impact of new regulations mandating truck cabin air conditioning on vehicle prices. We will continue to closely monitor government infrastructure spending and growth across key end-use segments. With an expansive product portfolio, smart digital solutions and new nameplate launches on the anvil, Tata Motors Commercial Vehicles is well-positioned to leverage market opportunities and maintain its growth trajectory,” added Wagh.

Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, said, “Passenger vehicle sales is expected to reach 4.3 million units in FY2025, reflecting a modest 2 percent growth. SUVs continued to dominate the market with double digit growth and accounted for around 55 percent of new car sales. Preference for emission-friendly CNG vehicles surged by around 35 percent and EVs showed renewed promise, with more industry participants enhancing customer choices and strengthening the ecosystem. Amidst a challenging year marked by fluctuating demand, Tata Motors Passenger Vehicles achieved wholesales of 556,263 units, including 64,726 units of EVs. We led the industry in SUV growth and outpaced it in CNG sales, recording over 50 percent YoY growth. Across various segments of the PV industry, Punch emerged as the top choice for private buyers to become India’s No. 1 SUV in FY25. Our latest launches and updates – Curvv, Nexon CNG and Tiago – received an enthusiastic response, resonating strongly with customers. We achieved two key milestones in FY25, as we surpassed 6 million cumulative sales for PVs, and 200,000 cumulative sales for EVs.”

“Looking ahead, overall demand growth will be shaped by macroeconomic factors such as consumption growth, inflation, infrastructure spending and global geopolitics. However, industry momentum is expected to be driven by continued innovation in line with evolving customer preferences. SUVs, CNG, and EVs will remain key growth drivers, fuelling the industry's expansion. With a strategically aligned product portfolio, supported by new nameplate launches and our multi-powertrain strategy, Tata Motors is well positioned to seize market opportunities and sustain its momentum,” added Chandra.

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Swiss technology major ABB has announced that it is set to further invest around USD 75 million in India for 2026. The capital expenditure is directed at expanding the company’s manufacturing footprint and research and development (R&D) capabilities across five locations: Bengaluru, Hyderabad, Nashik and Vadodara.

This move follows a USD 35 million investment in 2025 and forms part of ABB’s ‘local-for-local’ strategy. Currently, 85 percent of the products ABB sells in India are manufactured within the country. The expansion is expected to create 300 skilled jobs in engineering, research, and operations.

The investment is distributed across several key hubs to support electrification, motion, and automation:

• Nelamangala, Bengaluru (USD 14 million): Expansion of Campus 1 and 2 to scale converter manufacturing for high-speed rail and metro segments. It includes a tenfold increase in production for uninterruptable power supply (UPS) solutions.
• Peenya, Bengaluru (USD 21 million): Funding to increase capacity for low-voltage drives and specialised motors, including flameproof and smoke-venting variants. The site will add an innovation lab and remote monitoring facilities.
• Nashik (USD 22 million): Expansion of the circuit breaker factory and the Vacuum Interrupter (VI) facility. This site will drive the localisation of 33kV Primary Gas Insulated Switchgear and SF6-free technologies by 2028.
• Hyderabad (USD 12 million): Completion of phase one of a new R&D and engineering hub, including a high-power testing laboratory.
• Vadodara (USD 6 million): Scaling of the synchronous generator and induction motor factories to serve the metals, oil and gas and wind sectors.

ABB’s revenue in India reached more than USD 1.5 billion in 2025, representing roughly 4 percent of the Group’s global total. The company identified grid modernisation, data centre development and renewable energy transition as the primary drivers for the increased capacity.

Morten Wierod, Chief Executive Officer, ABB, said, “This investment in India is an important part of our strategy to support infrastructure build-out and growth in one of our fastest growing markets. We are seeing strong demand driven by the country’s energy transition, grid modernization, data center development, and the rapid expansion of the metro and high-speed rail segments. Our expanded facilities will ensure we meet this demand while enhancing our capabilities to serve other markets in the region.”

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American technology company Aptiv has announced that its Board of Directors has approved the spin-off of its Electrical Distribution Systems business into a new publicly traded entity – Versigent.

Versigent provides signal, power and data distribution systems for the automotive and commercial vehicle sectors. It operates engineering centres across four continents and manufacturing facilities in more than 30 countries, focusing on low-voltage and high-voltage electrical architectures.

The separation will be executed through a distribution of Versigent ordinary shares to Aptiv shareholders. Stockholders will receive one ordinary share of Versigent for every three ordinary shares of Aptiv held as of the record date.

Aptiv shareholders are not required to take action, pay consideration, or exchange existing shares to receive the Versigent stock.

Following the separation, Aptiv will continue its operations as an industrial technology company focused on vehicle automation, electrification and digitalisation. Versigent will maintain its legacy in designing and manufacturing advanced vehicle architectures for original equipment manufacturers (OEMs).

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Honeywell has announced that its AI-powered Battery Manufacturing Excellence Platform (Battery MXP) is being integrated into the Alabama Mobility and Power (AMP) Center’s research lab at the University of Alabama. The platform is designed to automate battery production, improve cell yields and accelerate the startup of manufacturing facilities.

The AMP Center serves as a research hub for mobility and power technologies, including electric vehicle charging infrastructure and energy storage systems. The Honeywell platform will be used as the automation standard to train engineers and battery professionals in scaling production for industrial requirements.

Honeywell is also collaborating with FOM Technologies at the AMP Center to focus on the electrode production process. This phase of manufacturing is identified as a significant challenge in battery assembly; the partnership aims to use Battery MXP to automate this stage and improve the safety of cells for original equipment manufacturers (OEMs).

Key objectives of the integration include – workforce development, operational excellence and industry access.

The lab is scheduled to open in the second quarter of 2026. The deployment is intended to support the automotive industry while addressing energy requirements for data centres, grid stability, and regional electrification goals.

Mike Oatridge, Executive Director of the Alabama Mobility and Power Center, said, “The AMP Center was created to connect industry, academia, and state initiatives around the future of mobility and power. The deployment of Battery MXP supports Alabama’s automotive industry while advancing solutions for data center growth, grid stability, and the state’s long-term electrification and economic development goals.”

Russ Ford, President, Honeywell Process Automation Solutions, stated, “The rapid evolution of battery technology calls for a skilled workforce and advanced production capabilities at large scale, including comprehensive automation platforms powered by AI. AMP’s use of Battery MXP is poised to be a catalyst to empower the next generation of engineers in this important industry as it continues to grow.”

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JSW Motors, the new energy vehicle (NEV) arm of the JSW Group, has signed a Memorandum of Understanding (MoU) with the Tata Indian Institute of Skills (Tata IIS). The partnership establishes a technical talent pipeline for JSW Motors’ greenfield manufacturing plant currently under construction in Chhatrapati Sambhajinagar, Maharashtra.

The collaboration focuses on a co-developed curriculum covering EV systems, automation, welding, CNC operations, battery systems and manufacturing. JSW Motors maintains rights over curriculum validation and hiring to align with plant ramp-up schedules.

Tata IIS was selected based on its training infrastructure and experience in OEM engagement. The programme utilises application-based training designed for the requirements of electric vehicle production.

The initiative is part of a broader roadmap to create an EV-ready ecosystem including suppliers, vendors and dealer networks. JSW Motors eventually intends to establish an in-house training academy focused on mobility technologies and manufacturing.

Rupam Singh, Chief Human Resources Officer, JSW Motors, said, “At JSW Motors, skilling is not an HR function, it is a business imperative. As we build our manufacturing operations, we need people who are ready from Day One. The Tata IIS partnership gives us structured capability, relevant curriculum, and the execution rigour aligned to our timelines. This is a deliberate bridge as we work towards building our own world-class training academy.”

Venguswamy Ramaswamy, CEO Designate, Tata Indian Institute of Skills, said, “At Tata IIS, our mission is to solve the nation’s skill challenges by creating a next generation workforce that is not just job-ready, but future-ready. This partnership with JSW Motors is a significant step toward that goal. By designing bespoke programs in Advanced Manufacturing, we are equipping India's youth with the high-precision skills required to drive the next generation of automotive excellence and ensuring a robust, consistent talent pipeline for our industry partners.”

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