Ultraviolette announced a new funding round of $85 million, led by Deep Tech Fund Yali Capital and TDK Ventures, with investment from Lip-Bu Tan, Chairman of Walden International & Advisor to Ultraviolette, alongside the company’s current and long-term investors. The funding marks an important milestone in Ultraviolette’s journey as it scales manufacturing capabilities, advances its […]
Australia’s automotive aftermarket is entering a period of significant change, as a wave of new Chinese carmakers, rising fuel costs, and a fast-growing EV segment reshape how the country’s vehicles are bought, serviced, and repaired, according to the Australian Automotive Aftermarket Association (AAAA). The AAAA represents around 3,000 member companies across Australia’s automotive supply chain, […]
As electric vehicles disrupt decades-old aftermarket revenue streams like oil changes and routine servicing, global automotive solutions provider Würth Group scripts its strategy to bring back previously outsourced services, such as smart repair, glass repair, and AC servicing, back into workshops, while betting heavily on technologies that work regardless of what powers the vehicle. Speaking […]
The automotive aftermarket’s much-discussed transformation is no longer a future promise, it’s happening now, Mr. Philippe Colpron, Global Head AM ZF Group, has said. Addressing a media briefing at the recently concluded Automechanika Frankfurt, he pointed out to over 58 million electrified vehicles already on the road worldwide and a fundamental shift in how software […]
August 2026 will be remembered as a watershed moment in India’s automotive history. For the first time ever, alternative fuels — CNG, hybrid, and electric combined — overtook petrol in the passenger vehicle market. That single development, more than any volume record, signals how fundamentally the country’s mobility landscape is shifting. Total retail registrations stood […]
Ola Electric has received a sanction order from the Ministry of Heavy Industries, Government of India, for the release of incentives amounting to ₹95.81 Crore (₹95,80,91,273) under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme). The sanction pertains to the Demand Incentive under the PLI-Auto Scheme for FY 2026-27, and authorises the payment to […]
Automotive Skills Development Council (ASDC) hosted its 15th Annual Conclave 2026 at Taj Palace, Chanakyapuri, New Delhi, bringing together more than 500 representatives from government, industry, academia and the automotive sector to deliberate on the skills required to support India’s evolving automotive industry. Held on the theme “Skilled Hands, Strong Nation: Building India’s Automotive Future,” […]
Mahindra has announced the expansion of its Battery-as-a-Service (BaaS) programme across its entire Electric Origin SUV portfolio, extending it to the BE 6 SPORTEQ, XEV 9S, and XEV 9e. The BaaS programme enables customers to finance the vehicle and battery separately through a dual-financing structure, significantly lowering the upfront cost of EV ownership. Under the […]
TVS Motor Company has launched the TVS iQube MillionR Special Edition, celebrating the milestone of one million customers for its flagship electric scooter. The limited edition model honours the trust placed by customers who have embraced electric mobility with TVS iQube, while reinforcing its position as India’s favourite family EV. Based on the popular TVS […]
Hyundai Motor India Limited (HMIL) has announced a partnership with Jio-bp to integrate their respective EV charging networks, giving EV users across India access to over 37,000 charging points through the myHyundai app. Through the collaboration, Hyundai EV customers can discover, access, and use Jio-bp pulse charging stations directly via the myHyundai app. Jio-bp brings […]
BYD India, a subsidiary of BYD, today announced the launch of the BYD SEALION 7 Dynamic, a new addition to its flagship eSUV lineup. Powered by a 71.8 kWh Blade Battery, it offers a range of 520 km (NEDC) and accelerates from 0 to 100 km/h in 7.3 seconds. Priced at an introductory ₹41.90 lakh […]
There was something fitting about the setting for the launch of Mahindra’s new models, the Lifestyler (on 14 Aug) in three variants, and special expressions of the BE 6, the top-of-the-line Launch Edition and the performance-focused Formula E Freedom Edition. Mahindra chose Ballard Pier in Mumbai, the very place from where the British once left […]
Mahindra Last Mile Mobility Limited (MLMML) has become India’s first commercial EV manufacturer to cross four lakh cumulative electric vehicle sales, marking a major milestone in the country’s shift to electric last-mile mobility. Behind every three-wheeler and small commercial vehicle, the company noted, is a livelihood, a driver, a shopkeeper, a delivery partner, or a […]
The Original Motor Oil reinforces its 160-year legacy by shaping next-generation electric vehicle (EV) fluids for everyday drivers At this weekend’s London E-Prix, the season finale of the Formula E World Championship, Valvoline™ Global Operations, is proving that 160 years of innovation can help power the future of electric mobility through its role as Official […]
Omega Seiki Mobility (OSM), one of India’s leading electric vehicle manufacturers, has announced a strategic partnership with ELECTRA AI, the “AI Brain for Batteries” company, to integrate advanced battery health intelligence across its electric vehicle ecosystem. The collaboration will enable real-time battery monitoring, predictive analytics, and State of Health (SoH) insights across OSM’s fleet, aimed […]