On May 21, Zeno launched the EMARA electric motorcycle at an introductory price of INR 64,000. It has a range of over 100 kilometers. It has a 250 kg load-carrying capacity.  It can attain a top speed of 90 kmph. It can generate 8kW of peak power.
Based on Zeno social media update/ website update 

On May 23, the Transport Minister of Maharashtra State, in a social media post, announced that the company responsible for supplying 5150 electric buses on a rental basis has been found inactive, and instructions were given to cancel the tender agreement with this company.
A revised schedule was given to the concerne

On May 14, Alicon Castalloy, in an investor update, announced that it expects a capital expenditure of around INR 1.7 billion in the next financial year (FY 2025-26, ending March 31, 2026) to build capabilities and support its expanding business pipeline.
For FY 2024-25, they had projected INR 18 billion in revenue,

On May 27, Lumax Industries announced that during the quarter ended on March 31, 2025, it has won business from Maruti Suzuki to supply headlamps, rear combination lamp assemblies, and tail and stop lamp assemblies for its upcoming E-Vitara electric vehicle. 
It will also supply headlamps, rear combination lamp assem

On May 22, HORIBA India, a subsidiary of the HORIBA Group, signed an MoU (Memorandum of Understanding) with IIT Delhi (Indian Institute of Technology Delhi) to support three technical development research projects under its Corporate Social Responsibility (CSR) program.
The three projects include the development of a

On May 24, the Deputy Chief Minister of Telangana state, in a social media post, announced that the Industrial Promotion Sub-Committee has approved Hyundai Global Innovation Research and Development Center in Zaheerabad NIMZ. 
The project involves an investment of INR 85.3 billion (approximately USD 1 billion) and is

On May 24, multiple sources reported that Suzuki Motorcycle India Pvt. Ltd. (SMIPL) has started production of its first electric scooter, the Suzuki e-ACCESS, at its manufacturing facility in Gurugram. It is powered by Suzuki’s e-Technology. It has a Lithium Iron Phosphate (LFP) battery. 
Based on multiple sources 

On May 16, Hyundai Motor India Limited, in an investor update, announced that for the financial year FY 2025-26 (ending March 31, 2026), it anticipates the growth in export volumes to be around 7% - 8%, supported by robust demand for its products in the emerging markets.
Hyundai is positioning its Indian unit as an e

On May 15, ZF Commercial Vehicle Control Systems India, in an investor update, announced that it continued to launch advanced technology products from its newly inaugurated plant at Oragadam, catering to both Indian and global customers. New manufacturing lines for next-generation e-mobility products have been commis

On May 25, Sharda Motor Industries, in an investor update, announced that during the FY 2024-25 (ending March 31, 2025), it has won the business of suspension control arms from one of the fastest-growing passenger vehicle companies. The lifetime value of this order is USD 22 million. Production will start in Q3, FY 2

On May 16, Hyundai Motor India Limited, in an investor update, announced that it has planned a capex of around INR 70 billion in the financial year 2025-26 (ending March 31, 2026). 
Out of the total planned capex, the major allocation will be around 40% for the Pune expansion and 25% for product-related investments.

On May 22, Exicom launched Harmony Direct 2.0, its next-generation DC fast charger. It has Harmony OS, India’s first indigenously developed charger operating system. Harmony OS puts intelligence at the core, automating charger-to-car-to-cloud interactions. The charger is uniquely equipped with sensor-based diagnostic

On May 15, ZF Commercial Vehicle Control Systems India, in an investor update, announced that it is ramping up new project launches, such as the Exhaust Brake Valve, Automatic Traction Control, and increased penetration of OptiDrive (AMT), and OptiRide Electronically Controlled Air Suspension.
The upcoming ESC regula

On May 21, multiple sources reported that Komaki Electric launched the CAT 2.0 Eco, an electric utility scooter to address the specific needs of gig workers, delivery services, and small businesses. It has a range of 110 kilometers. CAT 2.0 Eco houses advanced LiFePO4 smart batteries. It has a reinforced frame and sp

On May 21, Bajaj Auto Limited announced that it intends to take control of the KTM business that is headquartered in Austria, through its wholly owned subsidiary Bajaj Auto International Holdings BV (BAIHBV). 
BAIHBV holds a 49.9% stake in its associate, i.e., Pierer Bajaj AG (PBAG) in Austria. PBAG holds over 75% st

On May 22, TVS Motor Company signed a memorandum of understanding (MoU) with OOR Cabs Pvt. Ltd., a technology-driven mobility platform, to supply 500 TVS King EV MAX electric three-wheelers during the financial year 2025-26 (ending March 31, 2026). 
OOR Cabs will deploy the vehicles for intra-city passenger services,

On May 22, the Union Minister for Heavy Industries and Steel chaired a meeting on the rollout of electric buses under the PM e-Drive Scheme. Following detailed deliberations, the Ministry of Heavy Industries has assured that approximately 4,500 electric buses will be provided to Bengaluru, 2,000 to Hyderabad, 2,800 t

On May 22, Himadri Speciality Chemical Ltd (HSCL) announced a strategic investment of USD 4.43 Million to acquire a 16.24% stake in International Battery Company, Inc (IBC), a U.S. headquartered technology developer and manufacturer of chemistry-agnostic prismatic Lithium-ion (Li-ion) cells.
The partnership will comb

On May 22, Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) announced that it will build a fourth production line at its fourth plant in Vithalapur, Ahmedabad, Gujarat.
The company will invest about INR 9.2 billion (around JPY 16.1 billion) to build a fourth production line, which will produce 650,000 motorcycles p