Ultraviolette secures $45 million from Zoho Corporation, Lingotto

Ultraviolette, today announced that it has secured $45 million as part of its ongoing Series E round. The latest infusion comes from leading Indian technology company Zoho Corporation, and Lingotto one of Europe’s largest investment management companies. This continued momentum in Ultraviolette’s Series E round underscores sustained investor confidence in the company’s growth trajectory and […]

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Mahindra to build 1,000+ Ultrafast EV Charging points by 2027, Opens First Hubs on Key Highways

Mahindra & Mahindra has unveiled an ambitious plan to set up 250 electric vehicle charging stations with more than 1,000 ultrafast charging points across India by 2027, marking a major step in strengthening the country’s EV infrastructure. Each station will feature powerful 180 kW dual-gun chargers under the Charge_IN network, supporting Mahindra’s broader vision to […]

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Varroc secures major Global EV contract 

Varroc, a leading global Tier-1 automotive supplier, has announced a significant new business win with an international electric vehicle (EV) manufacturer. The agreement covers the supply of critical high-voltage electronics for next-generation e-powertrains, marking a major step forward in Varroc’s expansion into the fast-growing electric mobility space and reaffirming its position as a trusted global […]

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Yamaha enters EV space in India; launches XSR155, AEROX-E, EC-06 and new FZ-RAVE

India Yamaha Motor (IYM) has announced one of its most significant product introductions in recent years, launching three new models across premium motorcycles and electric mobility. The company has introduced the globally acclaimed XSR155 in India, unveiled its first electric two-wheelers – the AEROX-E and EC-06 – and strengthened its popular FZ range with the […]

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Shailesh Chandra becomes first Indian elected President of OICA

The Organisation Internationale des Constructeurs d’Automobiles (OICA), the global federation of automobile manufacturers, has elected Mr. Shailesh Chandra as its new President, effective November 1, 2025. Mr. Chandra, who currently serves as President of the Society of Indian Automobile Manufacturers (SIAM) and Managing Director & CEO of Tata Motors Passenger Vehicles and Tata Passenger Electric […]

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Kinetic Green Tonino Lamborghini Appoints Electrify Maldives as Exclusive Dealer 

Kinetic Green Tonino Lamborghini Pvt Ltd has appointed Electrify Maldives Pvt Ltd as the exclusive dealer for its luxury electric golf and lifestyle carts in the Maldives, marking a key milestone in expanding premium electric mobility across global leisure destinations. The announcement follows a distribution partnership between Trade Promoters Pvt Ltd (Sri Lanka) and Kinetic […]

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Mecolam Engineering: Reinforcing Global Confidence in Indian Composite Excellence

At Busworld Europe 2025, the world’s biggest platform for the bus and coach industry, Indian supplier of fibreglass products Mecolam Engineering made its mark among a select few exhibitors representing India on the global stage. For Managing Director Binz Mathew, the participation signals not just ambition but confidence — confidence born from quality improvements, process […]

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Oben Electric to Open 10 New Showrooms Across Gujarat in 2026

Oben Electric, India’s homegrown, R&D-driven electric motorcycle manufacturer, today announced its expansion plans for Gujarat, with 10 new showrooms and service centers set to open in 2026 across Ahmedabad and key cities including Vadodara, Surat, Rajkot and Jamnagar. The expansion follows the strong customer response to Oben Electric’s next-generation city commuter, the Rorr EZ Sigma, […]

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