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JSW Looks To Acquire Majority Stake In Volkswagen India
July 22, 2026
In FY2026, passenger vehicle sales in India touched 4.64 million units. During the same period, Volkswagen India and Skoda Auto India sold a total of 37,576 units and 75,556 units, respectively, translating to a combined market share of 2.5 percent.
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SABIC, CEER Sign MoU For Electric Vehicle Collaboration
July 22, 2026
The agreement establishes a framework for evaluating the use of SABIC materials in EV applications and jointly developing material and processing solutions.
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MAHLE Advances Electrification Strategy With Range Extender System And Rare-Earth-Free Motor
July 22, 2026
MAHLE will present its new range extender system for heavy electric trucks as a world premiere at the IAA Transportation in Hannover, running from 15 to 20 September 2026. The Stuttgart automotive supplier, exhibiting under the motto ‘Electrified. Effic
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TVS Motor Co Confident Of Outperforming Industry Growth Amid Strong EV And Export Momentum
July 21, 2026
TVS Motor Co’s manufacturing capacity for electric two-wheelers is being scaled from 40,000 units towards more than 50,000 units, while three-wheeler EV capacity is expanding to approximately 30,000 units.
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IIIT-Hyderabad Develops AI Traffic Enforcement System
July 21, 2026
With four dashcams deployed, the system reports an accuracy rate for submissions. The INAI team is expanding the algorithm to include speed detection and road condition monitoring.
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TVS Motor Co Reports INR 11.74 Billion Net Profit For Q1 FY2027
July 21, 2026
For Q1 FY2027, EBITDA reached INR 17.79 billion, up 41 percent from INR 12.60 billion, Profit After Tax growing by 51 percent to INR 11.74 billion, compared to INR 7.76 billion for the same period last year.
