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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
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Yulu Enters Bhopal, Expands Footprint In Central India
May 05, 2026
The service is operated by Tezz Mobility, led by entrepreneurs Dharamveer Singh Bhadoriya and Siddharth Jain, and expands Yulu’s presence into Central India.
MT Bureau
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Euler Motors Clocks INR 4.02 Billion In Operational Revenue For FY2026
May 05, 2026
The company sold 7,576 electric vehicles in FY2026, up 181 percent YoY, albeit a low-year ago base. The Turbo EV 1000 gained substantial traction with 2,084 units sold, allowing the company to capture a 25.9 percent market share in this category.
MT Bureau
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Porsche India Appoints Ashutosh Dixit As Brand Director
May 05, 2026
Dixit brings over 28 years of automotive industry experience to the role, with nearly 20 years spent within the Volkswagen Group. His career includes leadership roles across India, China and Europe, focusing on strategy, sales operations and brand develop
MT Bureau
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Mahindra Outlines Ambitious EV Strategy, Capacity Expansion Following Robust FY2026 Results
May 05, 2026
Going forward, it has revised its earlier plans to launch 4 new ICE SUVs and 3 new electric vehicles by 2031, to 10 new ICE SUVs and 6 new BEVs by 2031. This includes 1 new mid-cycle enhancement and 9 new SUV nameplates in the ICE category.
Nilesh Wadhwa
