`We are closer to EV becoming mainstream': PB Balaji, Group Chief Financial Officer, Tata Motors

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The global economic slowdown continues to be a concern, says Bosch India President
The global economic slowdown continues to be a concern, along with forex challenges and rupee-related issues for the industry, according to Guruprasad Mudlapur, President, Bosch Group India, and MD, Bosch Ltd.

Two-wheeler industry set for moderate growth in FY26, electrification remains slow: Report
The past decade's compounded annual growth rate (CAGR) of the two-wheeler segment remains below 3 per cent, making it one of the slowest-growing segments in the automobile industry.

KTM 390 ADV vs Enduro R — What’s common between them?
The new KTM 390 Adventure series has been a hot topic for a while now, and with multiple models – 390 Adventure S, 390 Adventure X, 390 Adventure R, 390 Enduro R, and 390 SMC R – KTM now has a range of motorcycles to tackle any terrain. That said, two models will be launched in India tomorrow, the 390 Adventure S and the Enduro R. If you have been waiting to lay your hands on either of them, here’s how the new KTM 390 Adventure S differs from the 390 Enduro R.

KTM 390 Adventure S vs Royal Enfield Himalayan 450: Which one should you buy?
The long wait is finally over. KTM is unleashing the 390 Adventure S, and it’s coming straight for the Royal Enfield Himalayan 450. While the adventure touring segment might still be a niche market, it’s definitely heating up. Let’s dive deep and compare these two titans, analyzing their performance, features, and hardware to help you decide which one deserves a spot in your garage.

SOLIZE Signs a FY2025 MotoGP™ Sponsorship Agreement with IDEMITSU Honda LCR
IDEMITSU Honda LCR is a racing team headquartered in Monte Carlo, Monaco. Since 2006, the team has been competing in the MotoGP class, the pinnacle of motorcycle racing.

Hero teases Karizma XMR Combat edition: What’s new?
Hero MotoCorp has unveiled the new Karizma XMR Combat Edition, showcasing it on social media. This updated trim comes with fresh design elements, a striking new color scheme, and upgraded premium hardware. Here’s everything we know so far about the Karizma XMR Combat Edition.

Aprilia Tuono 457 spotted testing ahead of launch
Aprilia brought the RS 457 to India last year. Later at EICMA 2024 in Milan, the Italian brand showcased the Tuono 457 based on the RS 457. Earlier this month, the company listed the upcoming naked streetfighter on the official Aprilia India website. Aprilia recently announced that the Tuono 457 will be launched on 17 or 18 February 2025.

TVS Motor’s net profit declines 6.6 pc in Q3, revenue dips 1.48 pc QoQ

TVS Motor Company on Tuesday reported a 1.48 per cent decline in its revenue from operations for the third quarter (Q3) of FY25 at Rs 11,134.63 crore from Rs 11,301.68 crore in the previous quarter (Q2 FY25).

Bajaj Auto shares end 3% higher post Q3 results; brokerages divided
Bajaj Auto stock closed 3 per cent positive on Wednesday on recording an 8 per cent increase in consolidated net profit for the quarter ended December 2024 at ₹2,196 crore and an 8.24 per cent increase in revenue from operations to ₹13,169 crore, driven by EV segment and robust exports.

Uno Minda launches Perfomaxx brake pads
Uno Minda has launched its new range of Heavy Duty Organic Brake Pads with Shim in the Indian aftermarket. Designed with a focus on safety, reliability, and performance, this product meets the highest standards for passenger & light commercial vehicles.

This device allows you to charge your electric two-wheeler from any car EV charger
Recharging an electric vehicle (EV) is still a pain for most buyers who reside outside the Metros and Tier 1 centres where the charging infrastructure hasn’t developed yet. This causes prospective buyers a phenomenon which is commonly referred to as range anxiety.

Hybrid technology, a bridge between EVs and ICE
New Delhi: With Indian OEMs (Original Equipment Manufacturers) investing in multiple fuel technologies, the underlying goal remains the same: to create a sustainable ecosystem. The transition from Internal Combustion Engine (ICE) vehicles to electric vehicles (EVs), CNG, or other fuel technologies is complex. Hybrid technology can act as a transitional solution, according to an EY-P report.

Gensol Engg secures pre-orders for 30,000 electric vehicles
New Delhi: Solar solutions provider Gensol Engineering on Wednesday said its arm Gensol Electric Vehicles has received orders to supply 30,000 e-vehicles.The company did not disclose the order value. 

KPIT upgrades Ebitda margin to 21%
KPIT Technologies reported a 20.4% year-on-year increase and a 7.2% sequential growth in net profit, totaling Rs 187 crore for the December quarter. The sequential profit increase excludes a one-time impact from the previous quarter. KPIT saw an 8.2% quarter-on-quarter decline in net profit during the third quarter, this was mainly due to receiving a Rs 45 crore exceptional income from an insurance claim during the second quarter of FY25. The company reported an EBITDA margin of 21.1% for the quarter. Additionally, KPIT maintained its revenue growth outlook at 18-22% and raised its EBITDA guidance for FY25 to over 21%, up from 20.5% guided earlier.

Online rubber trading platform mRube records sales worth ₹512 crore since June 2022
Kochi: mRube, the electronic trading platform for natural rubber, is getting overwhelming response from stakeholders by trading more than 33,980 tonnes in 2156 contracts worth ₹512 crore since it started operations in June 2022. A total of 2,418 members had so far on-boarded in e-market comprising Rubber Producer Societies, manufacturers from tyre and non-tyre sector, rubber dealers, processors and rubber estates. mRube is the first of its kind online market for any plantation crop in India wherein buyers and sellers could bid for spot trade. The response received from stakeholders in rubber sector has accentuated the growth of this market system in a short span of time, said Rubber Board officials. .

Exide Industries misses Q3 profit view on sluggish car sales
Indian battery maker Exide Industries reported third-quarter profit below analysts' estimates on Tuesday, hurt by sluggish vehicle sales. The company's standalone profit after tax rose 2% to 2.45 billion rupees (USD 28.3 million) in the October-December quarter, falling short of analysts' estimate of 3.09 billion rupees, according to data compiled by LSEG.

OPEC+ will buckle under pressure from Trump who has history of bashing the oil cartel
US President Donald Trump has a decades-long history of bashing the Organization of the Petroleum Exporting Countries, starting with his 1987 book Trump: The Art of the Deal where he blamed the group for cripplingly high energy costs. Unsurprisingly, it only took him 72 hours after being sworn in to take aim at the cartel.

Cabinet likely approves hike in ethanol prices
The Union Cabinet has approved the proposal to hike ethanol prices, ET Now reported citing sources Wednesday. Details of the proposal are yet to be known.

Unconventional fuel options: Potentials of waste plastic for synthetic fuel production
Conversion of biomass and waste plastic to fuels and chemicals holds promise to fulfill the global agenda of pursuing a carbon-neutral and waste-free human society. Biomass encompasses a wide variety of natural organic materials, both plant-based and animal-based, that can serve as potential sources for chemical production and energy fuels. The potentials of biomass as a sustainable energy source we discussed in our earlier article here.

Delhi Air Pollution: GRAP-3 curbs makes a comeback in national capital – Check what is allowed, what is not
Due to the severe air quality index (AQI) levels, the Commission for Air Quality Management (CAQM) has invoked all measures under Stage III of the Graded Response Action Plan (GRAP) in Delhi NCR, effective immediately. On Tuesday, the AQI in the national capital was recorded at 276 and it further escalated to 365 on Wednesday.

Bajaj Finance Q3 PAT up 17 per cent at ₹3,706 crore
Mumbai: Non-banking finance company (NBFC) major Bajaj Finance on Wednesday reported a 17 per cent year-on-year (y-o-y) rise in net profit for the quarter that ended December at ₹3,706 crore, led by stable core income growth.

Most fuel efficient diesel compact SUVs ranked
There are currently six compact SUVs that come with a diesel engine, which is a considerable number considering the sales are heavily skewed towards petrols in this segment. The SUVs include the Tata Nexon, Hyundai Venue, and the Mahindra XUV 3XO, Thar RWD and Bolero Neo. Kia, which already has the Sonet, will announce prices for its second compact SUV, the Syros, on February 1.

BYD EVP Stella Li named 2025 World Car Person of the Year
The World Car Awards has announced that Stella Li, executive vice president of BYD, is the winner of the 2025 World Car Person of the Year. This is historic, as it not only marks the first time a woman has received the prestigious award since its inception in 2018 but also a milestone for BYD, as it becomes the first Chinese carmaker to win a World Car award.

Audi Q6 e-tron offroad concept revealed with portal axles
The Audi Q6 e-tron off-road concept previews a rugged electric SUV based on the Q6 e-tron. Designed as a go-anywhere iteration of the standard Q6, the concept has been equipped with serious off-road gear, including a huge lift to the suspension, large all-terrain tyres, and a major visual update.

Future of small cars lies in CNG market and for CAFE compliance: Hyundai COO
It’s no secret that the small car segment has steadily been declining over the past few years. In FY24, small cars or hatchbacks were 27.6 percent of the market. This year, it has further dropped to 23.2 percent. Tarun Garg, COO of Hyundai Motor India, however, feels that this segment is still very crucial for first time car buyers and fleet operators where sales are primarily being driven by the CNG variants.

Hero Karizma XMR Combat edition teased ahead of launch
Hero has teased the Karizma XMR Combat Edition on its social media handle. This edition is a mix of updates that it will receive to keep things fresh for 2025.

KTM financial crisis hasn’t impacted Indian operations
Even as KTM AG is navigating its way out of a tough financial crisis, the Indian arm of the company (owned and managed wholly by Bajaj) remains unaffected. In fact, KTM India is seeing strong demand for two recently updated models: the 200 Duke and 250 Duke.

TVS X electric scooter deliveries begin
Deliveries of the TVS X electric scooter finally commenced in December 2024, more than a year after it was launched. The X is TVS’s flagship electric scooter and is priced at Rs 2.50 lakh (ex-showroom, Delhi).

BMW iX facelift revealed with more power, improved range
BMW has unveiled a facelift for its flagship electric SUV, the iX. The new iX not only gets a few design tweaks but also some major power and efficiency upgrades. Production of the BMW iX facelift is expected to commence in March 2025 at BMW’s Dingolfing plant in Germany, and the e-SUV will be launched globally this spring.

VW CEO says talking to Chinese partners about their Europe expansion plans
Volkswagen's CEO has spoken to the carmaker's Chinese joint venture partners about their interest in investing in Europe but was not aware of any concrete decisions on their part, a VW spokesperson said on Tuesday.

Tesla Q4 results: Elon Musk sees unsupervised full self-driving in Texas in June. Profits rise 3%, stock up 4%
Tesla’s fourth-quarter adjusted profits rose slightly amid a big push to sell its electric vehicles with offers of zero financing and other incentives, but the results still fell short of Wall Street forecasts.

General Motors swings to fourth quarter loss on charges related to China, but tops expectations
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street. The automaker is also taking a proactive approach with the United States government on regulations and doling out generous profit-sharing payouts to thousands of workers.

GM 2025 profit forecast clouded by Trump policy unknowns
General Motors faced questions Tuesday about the impact of potential moves by the Trump administration targeting trade and the environment, with the uncertainty overshadowing the company's latest results.

Renault and Volvo electric van unit wins new orders
Flexis, a joint venture between automaker Renault and truck maker Volvo Group as well as shipper CMA CGM, said on Tuesday it has received letters of intent from 10 European transport and distribution companies for orders of 15,000 units of its new electric van.

Oil prices fall as US crude inventories rise