Tata Motors Partners with UCO Bank for Dealer Inventory Funding

Tata Motors Passenger Vehicles Ltd. (TMPV) and Tata Passenger Electric Mobility Ltd. (TPEM) have announced a strategic partnership with UCO Bank to provide customised inventory funding solutions for their authorised dealers. The MoU was signed in the presence of senior leadership from both organisations. The partnership aims to help dealers manage their working capital requirements […]

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Citroën Launches Updated ë-C3X With Battery-as-a-Service to Make EV Ownership More Affordable

Citroën India has launched the updated ë-C3X, introducing a Battery-as-a-Service option that separates battery cost from vehicle price, allowing customers to enter the EV ecosystem with a lower upfront investment. The move is aimed at making electric mobility more accessible and flexible for a wider base of Indian customers. Mr. Kumar Priyesh, Director Automotive Brands, […]

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Tesla Opens Fifth India Experience Center in Hyderabad, Showcases 2026 Model Y Lineup

Tesla has opened its fifth Experience Center in India, located in Hyderabad’s HITEC City, Knowledge City Madhapur, further strengthening its presence in the country. Starting June 17, 2026, customers visiting the center can experience the new 2026 Model Y Premium Rear-Wheel Drive and the Model Y L, with Tesla Advisors offering guided walkarounds and immersive […]

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Mercedes-Benz India Launches S 450 e — Its First Plug-In Hybrid S-Class

Mercedes-Benz India has launched the S 450 e Launch Edition, the brand’s first-ever plug-in hybrid in its flagship S-Class lineup. The launch marks a significant step in Mercedes-Benz’s powertrain-agnostic strategy, bringing electric mobility to India’s top-end luxury limousine segment for the first time. Mr. Santosh Iyer, Managing Director & CEO, Mercedes-Benz India, said, “The S-Class […]

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Electric 2/3-wheelers Surge in May 2026 — Market Share Hits New Highs

India’s electric two-wheeler and three-wheeler segments delivered strong performances in May 2026, with both categories recording meaningful year-on-year growth and expanding market share — further evidence that electric mobility is moving well beyond the early-adopter phase in the country. E2W Total electric two-wheeler retail registrations reached 1,70,733 units in May 2026, an 8.53% sequential rise […]

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India’s Auto Sector Shifts into Higher Gear in May 2026

India’s automotive industry had a strong May 2026, with several manufacturers recording their highest-ever monthly sales across passenger vehicles, two-wheelers, and commercial vehicles. Electric vehicle sales stood out as a key highlight, with multiple players reporting sharp growth — reflecting the accelerating shift toward cleaner mobility. While the overall demand environment remained healthy, rising input […]

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