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TVS iQube S 4.7 kWh Variant Launched At INR 137,142
May 06, 2026
The TVS iQube is one of the most popular e-scooters sold in India. The e-scooters are currently available in more than 1,000 cities and 3,300 dealerships across India.
MT Bureau
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Hero MotoCorp Reports INR 52.68 Billion Net Profit For FY2026
May 06, 2026
In FY2026, Hero MotoCorp sold 64.69 million units, revenue from operations of INR 468.30 billion and a net profit of INR 52.68 billion. The EBITDA margin for the year was 14.7 percent, an increase of 30 basis points from the previous year.
Atul Patil
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Hyundai Motor India Celebrates 30 Years Of Operations
May 06, 2026
Since its inception, Hyundai Motor India has invested around INR 4,070 billion in its Indian operations. The company has outlined a plan to invest an additional INR 4,500 billion between FY2026 and FY2030. This investment will focus on manufacturing, elec
Atul Patil
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Jim Walenczak Appointed President Of DAF Trucks N.V.
May 06, 2026
Walenczak joins DAF Trucks following a 15-year tenure with PACCAR, during which he held several leadership roles most recently the Vice-President of PACCAR and General Manager of Kenworth Truck Company.
MT Bureau
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Tata Motors Launches Ace Gold+ XL As Iconic ‘Chhota Haathi’ Turns 21
May 05, 2026
Tata Motors, India’s largest commercial vehicle manufacturer, has marked the 21st anniversary of its iconic Tata Ace by launching the all‑new Ace Gold+ XL. This milestone in last‑mile mobility introduces a thoughtfully evolved variant designed for h
MT Bureau
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PeakAmp Becomes Exclusive Recycling Partner For Stefen Electric’s EV Battery Waste
May 05, 2026
PeakAmp, a company specialising in battery circularity and lifecycle management, has entered into a partnership with Stefen Electric to handle end-of-life lithium-ion batteries from the latter’s electric mobility operations. Under the agreement, PeakAmp
MT Bureau
