Zelio E-Mobility, an electric two- and three-wheeler company, has appointed Divyanshu Agarwal as its Chief Executive Officer, effective 15 April 2026.

The appointment was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee. Agarwal, a Chartered Accountant, joins the company from Navi, where he previously served as the Head of UPI Business and Growth.

In his new role, Agarwal will oversee the development and scaling of the company’s manufacturing infrastructure, including upcoming plants in Odisha and Coimbatore. His mandate includes strengthening operational execution, expanding market presence and scaling the distribution network.

During his tenure at Navi, Agarwal was involved in private equity fundraising and the firm’s Draft Red Herring Prospectus (DRHP) process, as well as managing cross-functional projects across finance and product development.

The leadership change follows Zelio E-Mobility’s recent listing on the public markets, where the company raised INR 783 million through an initial public offering. The IPO consisted of a fresh issue of INR 588 million and an offer for sale worth INR 155 million, achieving an overall subscription of 1.5 times.

The company currently maintains a network of over 350 dealers across 20 states and union territories, serving more than 200,000 riders under the ‘Zelio’ electric two-wheeler and ‘Tanga’ electric three-wheeler brands.

Divyanshu Agarwal, said, "Zelio is at a stage where growth needs to be backed by consistent execution and clarity in direction. The focus will be on strengthening the core, expanding reach in a measured way and building products that customers can rely on every day. The opportunity is significant, and the effort will be to build it with discipline."

Kunal Arya, MD, Zelio E-Mobility, added, "Divyanshu brings a strong understanding of both finance and business operations. He has seen how to build and scale in fast-moving environments. As we expand, the need is for sharper execution and long-term thinking, and he is well equipped to take that forward."

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Italian superbike maker Ducati has introduced the Formula 73 in India, a limited-series motorcycle restricted to 873 numbered units globally at INR 2 million (ex-showroom).

Interestingly, the entire allocation reserved for the Indian market has sold out.

The Formula 73 pays tribute to the 1973 750 Super Sport Desmo, incorporating a silver and aqua green livery, a vertical gold stripe on the fuel tank, clip-on handlebars with bar-end mirrors, a tapered tail, and billet aluminium components.

It is powered by an air-cooled 803 cc Desmodue L-twin engine with desmodromic distribution, the vehicle delivers 73 horsepower at 8,250 rpm and 65.2 Nm of torque at 7,000 rpm. The powertrain is paired with a Termignoni silencer and a Ride-by-Wire throttle system. The chassis utilises a steel trellis frame finished in aqua green, 17-inch spoked wheels fitted with Pirelli Diablo Rosso IV tyres and an electronic package featuring cornering braking systems, traction control, directional quick-shifting and dual riding modes.

Bipul Chandra, MD, Ducati India, said, "The Formula 73 is a rolling masterpiece that pays homage to one of the most significant motorcycles in our history, the 1973 750 Super Sport Desmo. We are incredibly proud to secure a highly exclusive allocation of these limited-edition motorcycles for our passionate Ducatisti in India. With only 873 units produced globally, the arrival of the Formula 73 offers a rare opportunity for Indian collectors to own a piece of timeless Italian heritage seamlessly blended with modern Ducati performance."

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Hero MotoCorp, the world’s largest two-wheeler manufacturer, has signed a strategic partnership with ERMAR Sociedad Anónima, operating as Distrito Moto, to manage its sales and service network across Guatemala.

The partnership links Hero MotoCorp's vehicle manufacturing with ERMAR's retail operations in Central America. The network spans over 220 distribution points, incorporating more than 60 Distrito Moto sales locations and over 140 Tecno Fácil outlets across the country.

The operations provide vehicle distribution, replacement parts, service support and customer financing through Solvensa. Hero MotoCorp will provide a five-year or 60,000-kilometre warranty across its product line, which includes plans to introduce models such as the Hunk 250R, Xpulse 210, Hunk 150 Xtec ABS and Xoom 125.

Sanjay Bhan, Executive Vice-President of Global Business, Global Product Planning and Global Market Insights, Hero MotoCorp, said, "Guatemala is a strategic market where over 100,000 customers have placed their trust in Hero. Our partnership with Distrito Moto, backed by the strength of ILP Group and Distelsa, reinforces our long-term commitment to these riders and our growth ambitions in Latin America. With a global legacy of engineering excellence, world-class products and a proven track record of delivering quality, reliability and customer-centric experiences, Hero is well positioned to create greater value for riders in Guatemala. With the planned introduction of the Hunk 250R, Xpulse 210, Hunk 150 Xtec ABS and Xoom 125, we look forward to meeting the evolving aspirations of Guatemalan customers."

Javier Lainez, Commercial Head, Distrito Moto, said, "Our ambition is to make Hero ownership accessible and rewarding for more Guatemalans. Through competitive pricing, financing options from Solvensa and dedicated customer support, we want riders to feel confident at every step - from choosing their motorcycle to keeping it running reliably."

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Italian superbike manufacturer Ducati has launched the Hypermotard V2 and Hypermotard V2 SP motorcycles in India at prices starting INR 1.65 million and INR 2.07 million, respectively, with bookings open across its dealership network.

The fourth-generation model features a technical platform, powered by an 890 cc twin-cylinder engine that generates 120 horsepower at 10,750 rpm and 94 Nm of torque at 8,250 rpm. The engine incorporates variable intake valve timing and weighs 54.4 kg.

A monocoque frame using the engine as a structural element, combined with a double-sided aluminium swingarm, reduces total vehicle weight by 13 kg on the standard variant and 14 kg on the SP variant compared to the predecessor. The motorcycles feature a six-axis inertial measurement unit controlling cornering braking systems, traction control, wheelie control and directional quick-shifting functions.

The track-focused V2 SP includes Öhlins suspension components, Brembo M50 braking calipers, forged aluminium wheels, carbon fibre body panels and a lithium battery.

Bipul Chandra, Managing Director, Ducati India, said, "We are immensely proud to introduce the Hypermotard V2 and V2 SP to the Indian market. This motorcycle is a true testament to Ducati's commitment to pure riding emotion, bringing supermotard agility and thrilling performance directly to the streets. The new V2 engine, the incredibly light monocoque chassis and the advanced electronics are engineered for one purpose to offer an unparalleled, adrenaline-fueled experience. For the discerning Indian enthusiast who demands both dynamic urban agility and track-ready excitement, the Hypermotard V2 is not just a motorcycle; it's the ultimate fun bike.”

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TVS Motor Compay-owned British marquee brand Norton Motorcycles has received the Red Dot: Best of the Best distinction at the 2026 Red Dot Award: Design Concept within the cars and motorcycles category.

The award recognises the Manx R model, reflecting the brand's design direction under its current resurgence strategy. The motorcycle features proportions, surface treatments, integrated components and detailing developed by the in-house design and engineering teams alongside Professor Gerry McGovern OBE, Chief Creative Advisor to Norton Motorcycles and Simon Skinner, Head of Design.

The recognition follows a previous award at the 2026 International Design Excellence Awards and accompanies a global retail concept developed in collaboration with Foster + Partners.

Simon Skinner, Head of Design at Norton Motorcycles, said, "Best of the Best is the strongest recognition Red Dot can give, and it belongs to every member of the team which brought the Manx R to life. What makes this win especially powerful is that the jury did not recognise design in the abstract. It recognised a fully resolved motorcycle that customers can now see, touch and ride. With the Manx R, we set out to create a motorcycle with unmistakable presence, where proportion, reductive design and every detail contribute to its desirability. This recognition celebrates the creativity and commitment of our team, and our ambition to bring a distinctive expression of modernity to motorcycling."

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