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EVs Contribute 39% Revenue Share For Sona Comstar In FY2026
April 30, 2026
For Q4 FY2026, the revenue grew by 47 percent YoY to reach INR 12.72 billion, EBITDA at INR 3.11 billion, up 32 percent YoY, PAT at INR 1.92 billion, an uptick of 17 percent YoY. Interestingly, revenue from battery electric vehicles program reached INR 3.
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Hero MotoCorp Enters Ecuador With Quilmotors Partnership
April 30, 2026
The company is opening a facility in Guayaquil on Avenida de las Américas to display its portfolio. The site includes a parts inventory and service workshops with future expansion plans include establishing a presence in Quito, Manta and the Manabi provi
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ArcelorMittal Nippon Steel India Inaugurates Automotive Steel Production Line in Gujarat
April 30, 2026
The facility can produce 2-million tonne of cold-rolled base steel used for Advanced High Strength Steel (AHSS) for supply to the automotive industry.
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Citroen India Crosses 10,000 Unit Export Milestone To South Africa, Begin Basalt Exports Too
April 30, 2026
The Basalt is built on a platform developed in India by local teams for domestic and international markets featuring a 95 percent localisation level. This export programme is part of a strategy to use India as a hub for manufacturing and sourcing within t
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MG Motor Showcases New EVs and Driving Tech At Beijing Auto Show 2026
April 30, 2026
Interestingly, MG Motor launched the 2026 MG4 with six variants. The model includes exterior colours such as Ice Crystal Blue and Almond Beige, a black roof and 17-inch alloy wheels. MG worked with artist Jacky Tsai and the Lu Xun Academy of Fine Arts to
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Oben Electric Launches Rorr EVO With AI Ride Mode At INR 99,999
April 30, 2026
The Oben Rorr EVO has a claimed range of 180 km and charges to 80 percent in 90 minutes. It features a 9 kW motor and a 3.4 kWh LFP battery, which comes an eight-year warranty.
