On May 15, Endurance Technologies Limited, in an investor update, announced that the civil construction of its new Chennai site for disc brake assemblies is at an advanced stage. In the first phase, Endurance is transferring most of the assembly and machining equipment from its Waluj plant. 
From this plant, SOP for

On May 19, TVS Motor Company announced that it had invested approximately INR 24 billion during the FY 2025 – FY 2026 (ending March 2026), with a major portion allocated toward Norton Motorcycles.
The company stated that several Norton products are currently under development and are expected to be unveiled in Q2 20

On May 19, TVS Motors announced its capex for the next financial year to reach around INR 35 billion.
The company announced that it plans to continue investing in product development and new product programs, with approximately INR 20 billion allocated toward TVS Motor Company operations.
The company also plans to

On May 20, Ola Electric announced that its Gigafactory has moved from validation to commercial scale-up. It currently has 2.5 GWh operational capacity, and the installation of 6 GWh is largely complete, and the commercialization is to be completed by the end of this quarter.
It is already operating at commercially vi

On May 18, Royal Enfield announced its plans to acquire a land parcel for a new greenfield manufacturing facility in Tada, Tirupati, Andhra Pradesh, with an investment of approximately INR 25 billion. The project is subject to board approval and will be implemented in phases, calibrated to demand and market condition

On May 15, 2026, Ola Electric Mobility Limited's board approved a combined investment of INR 20 billion into two wholly owned subsidiaries: INR 15 billion into Ola Electric Technologies Private Limited (OET) and INR 5 billion into Ola Cell Technologies Private Limited (OCT). Both investments are to be completed on or

Announced on May 13, 2026, Honda Vietnam Company (HVN) reported retail sales results for its motorcycle and automobile segments for April 2026. 
Motorcycle sales totaled 173,468 units, up 1.5% YoY compared to April 2025. Meanwhile, automobile sales reached 1,830 units, down 14.6% YoY compared to April 2025.
(From Hon

On May 14, Honda Motor Co., Ltd. held a business briefing to elaborate on the rebuilding of its automobile business and the future direction of Honda business. Honda will focus on rebuilding its automobile business structure over the next three years and strive to achieve record consolidated operating profit – includ

On May 13, Musashi Seimitsu Industry announced that its EV drive unit (e-Axle) for two-wheeled electric vehicles has been adopted for AKX, a new model from Bengaluru-based Emobi Manufacturing Private Limited. AKX is the second Emobi model to use Musashi's e-Axle, following Kyari, which launched in Bengaluru in Novemb

On May 13, Musashi India Private Limited signed a Letter of Intent (LOI) with Kinetic Green Energy & Power Solutions Limited for the supply of integrated electric powertrain systems for Kinetic Green's upcoming two-wheeler platforms. Under the agreement, Musashi India will supply a side-mounted e-Axle integrating a 4

On May 11, Munjal Auto Industries Limited announced that it has been awarded a long-term business contract by Honda Motorcycle and Scooter India Private Limited (HMSI) for the manufacturing and supply of sheet metal stamping and welding parts, including design and development of tooling and dies.
The contract is dom

Announced on May 9, 2026, Vingroup’s V-Green expanded Vietnam’s e-mobility support infrastructure through new partnerships with (i) Viettel Bac Ninh and (ii) Vietnam Oil Corporation (PVOIL).
V-Green plans to install up to 6,000 electric motorcycle battery swapping cabinets in Bac Ninh using Viettel’s locations and te

On May 6, Hero MotoCorp announced a capex commitment of over INR 15 billion for FY 2027 (ending March), directed primarily at capacity expansion across its scooter, EV, and parts and accessories businesses. On the ICE scooter side, the company has already increased Destini capacity by 50% and is in the process of dou

On May 8, 2026, Ola Electric announced that its S1 X+ (5.2 kWh) electric scooter, powered by its indigenously developed 4680 Bharat Cell battery pack, has received government certification under the Central Motor Vehicle Rules (CMVR), 1989, from the International Centre for Automotive Technology (ICAT), Manesar. The

On April 28, Honda Turkey Motorcycles inaugurated its motorcycle manufacturing plant in Aliağa, İzmir, Turkiye.  It has an annual production capacity of 100,000 units with the potential to reach a capacity of 200,000 units in the future. 
The plant has a total area of 100,000 square meters, including 45,000 square me

Reported on May 5, 2026, Indonesia is preparing a new economic stimulus package centered on electric mobility incentives to support growth momentum. Finance Minister said the government plans to initially subsidize 100,000 electric cars, with details of the scheme to be announced later by the relevant ministry, while

On May 6, 2026, TVS Motor Company launched the TVS iQube S 4.7 kWh, a new variant of its iQube electric scooter range, priced at INR 137,142 (effective ex-showroom Delhi, inclusive of central and state subsidies). The new variant offers an IDC-certified range of 175 km, enabled by an upgraded 4.7 kWh battery.
The iQu

On May 4, Ather Energy unveiled the details of its Factory 3.0, a new vertically integrated manufacturing facility being set up at AURIC (Aurangabad Industrial City), Chhatrapati Sambhaji Nagar, Maharashtra. The facility will have a total annual production capacity of 1 million units, and to be built out in two phase

On April 30, 2026, Hero MotoCorp announced its entry into Ecuador through an exclusive distribution partnership with Quilmotors, which will be responsible for assembly operations, network development, sales, after-sales service, and spare parts distribution in the country. The Ecuador entry is part of Hero MotoCorp's