Indian Automobile Industry News & Updates
BYD reports 20.5% drop in first-half profit
Beijing: Chinese electric vehicle maker BYD on Friday reported a 20.5 per cent drop in first-half net profit, as the world's largest EV maker by shipments faced a prolonged price war and softer demand in its home market.
India-China thaw raises hopes among automakers for easier access to EV technology, components
New Delhi: The gradual thaw in India-China relations is raising hopes in the Indian automobile industry that New Delhi and Beijing could begin easing some of the restrictions that have made access to Chinese technology, components and business partners increasingly difficult, particularly as automakers accelerate their transition to electric and hybrid vehicles.
TVS Motor appoints Peyman Kargar as CEO
TVS Motor Company has appointed Peyman Kargar as its new chief executive officer, with current CEO K N Radhakrishnan set to step down from the role on January 27, 2027. Radhakrishnan will continue as CEO until the transition date to ensure a smooth handover and will then remain a non-executive director until the company’s Annual General Meeting in July 2027.
Tata Motors launches Tata.Cars brand for passenger vehicles, Tata.ev to continue for EVs
Tata Motors has introduced Tata.Cars as the new retail identity for its passenger vehicle (PV) business in India. The new identity will cover the company's petrol, diesel and electric passenger vehicles, creating a unified brand identity across its car portfolio.
Ola Electric launches S1Z with homegrown LFP cells, starts at ₹79,999
Ola said the S1Z is designed to bring technology, safety, and performance to the value segment. It said the indigenous LFP chemistry is advancing its vision of building India’s EV ecosystem from the cell upwards.
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