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Mahesh Babu Steps Down As CEO Of Switch Automotive Mobility, Ganesh Mani To Take Additional Charge As Switch India CEO
June 30, 2025
The company aims to optimise operational costs by leveraging the strengths of Ashok Leyland and maintain focus on electric buses and light commercial vehicles.
MT Bureau
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ICRA Expects Indian Commercial Vehicle Wholesales To Grow 3-5 Percent In FY2026
June 30, 2025
While M&HCV (trucks) and LCV (trucks) segments are expected to see modest volume growth, the buses segment is projected to experience a relatively higher growth of 8-10 percent for the fiscal year.
MT Bureau
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Rare Earth Metal Demand In India To Reach USD 62 Million By 2030: Report
June 30, 2025
The Indian rare earth market, valued at approximately USD 40 million in 2024, is projected to soar to USD 62.0 million by 2030, growing at a compound annual growth rate (CAGR) of around 8 percent starting in 2025.
MT Bureau
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L&T Technology Services And thyssenkrupp Steering To Setup Software Development Centre In Pune
June 30, 2025
As per the understanding, LTTS will establish and manage the software hub in Pune on behalf of thyssenkrupp Steering.
MT Bureau
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Motovolt Mobility Partners Indofast Energy For Battery Swapping Solution
June 30, 2025
Motovolt Mobility claims that the MVS7 is a multi-utility e-scooter, come with a top speed of 50 kmph, a 2.5kW peak power BLDC motor delivering 120 Nm of torque and a travel range of 80-85 km per charge.
MT Bureau
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Accenture LearnVantage Partners IIT Madras’s CAAR To Skill Talent In SDVs
June 30, 2025
The curriculum covers advanced Internet of Things (IoT), embedded systems and software, vehicle safety, communication protocols, cybersecurity, edge computing, cloud virtualisation and industry standards like AUTomotive Open System Architecture (AUTOSAR)
MT Bureau
