Driving EV adoption through profitable intercity operations, digital innovation and customer-first mobility. As India’s public mobility sector moves steadily towards a cleaner future, electric buses are expected to witness rapid adoption across applications where total cost of ownership (TCO) makes commercial sense. According to Mr. Saurabh Patwardhan, Director, Prasanna Purple Mobility, the next five years […]
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IIT Bombay Racing has achieved a significant international milestone, securing first place overall in both the Electric Vehicle and Driverless Vehicle categories at Formula Student Portugal 2026. The Formula Student team of IIT Bombay delivered an impressive performance at the international engineering competition, demonstrating its capabilities across vehicle design, efficiency, endurance, cost and manufacturing, and […]
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The 66th Annual Convention of the Society of Indian Automobile Manufacturers (SIAM) opened with a high-powered Special Plenary Session themed “Driving Global Leadership in Sustainable Mobility,” bringing together senior government officials, industry leaders, and global automotive executives to discuss India’s ambitions in sustainable mobility by 2047. Government Sets the Direction Mr. Tarun Kapoor, Advisor to […]
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The Society of Indian Automobile Manufacturers (SIAM) has elected Mr. Shenu Agarwal, Managing Director and CEO, Ashok Leyland Ltd., as its new President for 2026-27. Agarwal, who previously served as Vice President of SIAM, succeeds Shailesh Chandra, Managing Director and CEO, Tata Motors Passenger Vehicles Ltd., as Immediate Past President. The new office bearers were […]
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By Ashim Sharma, Senior Partner & Group Head, NRI Consulting & Solutions India India’s automotive sector is undergoing a major transition as we rapidly approach a vehicle parc of 10 million Battery Electric Vehicles (BEVs). The BEV parc has grown by 57% CAGR from 2020, enabled by the expansion of charging infrastructure and strong policy […]
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The Automotive Component Manufacturers Association of India (ACMA), the apex body representing the Indian auto component industry, has announced the appointment of Mr. Sriram Viji, Managing Director, Brakes India Pvt. Ltd., as President for the 2026–27 term, and Mrs. Anjali Singh, Executive Chairperson, ANAND Group & Gabriel India, as President-Designate. Welcoming the new leadership, Mr. Vinnie […]
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Backed by 16.3% growth in OEM supplies and accelerated battery localization, India’s auto component sector doubles down on its trajectory toward $200 billion by 2030 The Automotive Component Manufacturers Association of India Mobility Foundation hosted its 66th Annual General Meeting on 2nd September in New Delhi. Under the theme “Beyond Resilience,” the event convened top […]
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The disruptions of tomorrow, the report warns, will not look like those of the past. Building the muscle to face them — before they arrive — is what will separate the industry’s winners from the rest. India’s auto component industry has grown at a remarkable 17% CAGR over the past decade, reaching $86 billion (₹7.6 […]
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Yuma Energy, India’s fastest-growing battery swapping network, has raised $35 million in Series A funding from Magna International Inc., one of the world’s largest automotive suppliers. The funding will support the expansion of Yuma Energy’s battery swapping infrastructure across India as the company builds on its momentum of delivering over 60 million battery swaps across […]
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OHM Global Mobility, the strategic e-mobility arm of Ashok Leyland and part of the Hinduja Group, has launched 130 new air-conditioned electric buses in Chennai under Phase 2 of the Metropolitan Transport Corporation’s (MTC) electric bus programme. The buses were flagged off by Tamil Nadu Chief Minister Mr. C. Joseph Vijay at the Secretariat, in […]
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