TVS Motors outlines INR 35 billion capex for FY 2027 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 invest more than INR 10 billion to expand two-wheeler and three-wheeler manufac...

News  Updated at: 2026/05/21

Uno Minda, India, wins new business for Android-based infotainment (IVI) platform On May 16,  Uno Minda Limited, in an investor update, announced that it has won a new order for an Android-based infotainment (IVI) platform during the January – March 2026 quarter. It is developed by the in-house R&D centre CREAT. The order SOP is in Q3 – FY29 (FY ending March 2029). The annual peak value of the order is INR 6 billion. The order represents aro...

News  Updated at: 2026/05/20

Emobi, India picks Musashi e-Axle for its two-wheelers model 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 November 2025. Musashi's two-wheel e-Axle features a proprietary reduction g...

News  Updated at: 2026/05/13

Musashi India signs LOI to supply integrated side-mounted e-axle for Kinetic Green two-wheelers 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 4.7 kW IPM motor, gearbox, and contro...

News  Updated at: 2026/05/13

Honda starts production at two-wheeler plant in Turkiye 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 meters of covered space. It will employ approximately 300 people. The PCX1...

News  Updated at: 2026/05/07

Indian passenger vehicle retail sales up 12.2% in April 2026 On May 5, the Federation of Automobile Dealers Associations (FADA) announced that retail sales of passenger vehicles (PV) increased by 12.2% YoY (year-on-year) to 407,355 units in April 2026, compared to 363,028 units in April 2025. The commercial vehicle (CV) sales rose by 15.0% (YoY) in April 2026 to 99,339 units, up from 86,364 units last year. Two-wheeler (2W) sales increased by 13....

News  Updated at: 2026/05/05

Sterling Tools partners with China's Nanjing Haohang to develop ARAS for Indian two-wheeler market On April 27, Sterling Tools Limited entered into a technology collaboration agreement (TCA) and Supply Agreement (SA) with Nanjing Haohang Technology Co., Ltd., a China-based developer of Advanced Rider Assistance Systems (ARAS). Under the agreement, Sterling Tools will lead local engineering, system adaptation, manufacturing, and sales of ARAS for ...

News  Updated at: 2026/04/27

Bosch India updates about sub-125cc two-wheeler ABS In an investor update, Bosch Limited management flagged a significant untapped market opportunity in ABS systems for two-wheelers below 125cc, a segment currently outside India's ABS legislation. Bosch mentioned that it already has solutions ready for this category. Management noted that while the matter is currently "under consideration and discussion" with no confirmed legislative timeline, se...

News  Updated at: 2026/04/20

Ergon Labs, India raises INR 80 million to scale production and enter two-wheeler market On April 9, Ergon Labs, a Bangalore-based company, announced that it has raised INR 80 million to expand its team and scale up production. The funding will help the company expand its engineering team, increase production for existing customers, and enter the large two-wheeler market. Ergon is focused on developing next-generation powertrain technologies for ...

News  Updated at: 2026/04/09

NOVELIC sets up India unit in Chennai for ADAS and two-wheeler radar On April 1, NOVELIC, a Serbia-based mmWave radar solutions provider and part of the Sona Comstar Group, incorporated NOVELIC India Private Ltd in Chennai to supply radar-based perception solutions for passenger vehicles, commercial vehicles and two- and three-wheelers in India. The company has already established a 60 GHz radar production line in India and is set to begin produc...

News  Updated at: 2026/04/06

Indian passenger vehicle retail sales up 21.5% in March 2026 On April 6, the Federation of Automobile Dealers Associations (FADA) announced that retail sales of passenger vehicles (PV) increased by 21.5% YoY (year-on-year) to 440,144 units in March 2026, compared to 362,304 units in March 2025. Commercial vehicle (CV) sales rose by 15.1% (YoY) in March 2026 to 102,536 units, up from 89,067 units last year. Two-wheeler (2W) sales increased by 28.7...

News  Updated at: 2026/04/06

Hero MotorCorp receives Type Approval Certificate for category-swapping vehicle Surge S32 in India On March 31, the Union Minister of Road, Transport, and Highway, provided a Type Approval Certificate for the Surge S32 electric vehicle. Hero MotoCorp has introduced the Surge S32 electric vehicle, positioned as the world’s first category-swapping vehicle, capable of transitioning between a three-wheeler and a two-wheeler depending on operational...

News  Updated at: 2026/04/01

Government of India cuts e-2W incentive under PM E-DRIVE, sets July 2026 deadline for subsidy claims On March 27, 2026, The Ministry of Heavy Industries amended the PM E-DRIVE scheme, halving the incentive for registered electric two-wheelers from INR 5,000 per kWh (capped at INR 10,000 per vehicle) to INR 2,500 per kWh (capped at INR 5,000 per vehicle) effective April 1, 2025, with a terminal date of July 31, 2026 for e-2W (electric two-wheeler)...

News  Updated at: 2026/03/30

Ultraviolette, India signs MoU with Karnataka Government for INR 2 billion two-wheeler plant expansion On March 27, Ultraviolette Automotive signed a memorandum of understanding (MoU) with the Government of Karnataka at the Invest Karnataka Conclave for a phased five-year manufacturing expansion backed by state PLI support and fast-track facilitation. Phase 1 will involve an INR 2 billion investment to expand capacity at its existing Bengaluru fa...

News  Updated at: 2026/03/27

47th Bangkok Motor Show adopts “The Iconic Synchronicity” theme with global lineup From March 25 to April 5, 2026, Thailand's 47th Bangkok International Motor Show (47th BIMS) will be held under the theme “The Iconic Synchronicity” (Press Day/VIP Day: March 23 for vehicle brands and March 24 for motorcycle brands). International automotive brands participating in the show include Chinese marques such as NIO (including Firefly), Zeekr, XPe...

News  Updated at: 2026/03/23

IRP Systems, Israel, presents new motor controller for electric two-wheeler in India On March 18, IRP Systems announced Dynamic 2, a motor controller designed to address the growing demand in the electric two-wheeler segment. It was showcased at the latest edition of the EV Conclave in New Delhi (India). It is part of the EVVER Dynamic portfolio.  Dynamic 2 combines compact design with high power density. It achieves more than 99% MCU efficiency...

News  Updated at: 2026/03/20

CollarEV, India launches ‘Moon’ electric two-wheeler On March 16, CollarEV launched Moon, a purpose-built electric two-wheeler for the B2B delivery and logistics market, at a starting price of INR 80 thousand. It features a brushless DC motor with 2.2 kW peak and 1.5 kW nominal power, delivering 60 Nm of torque for silent but high-torque urban operations. The scooter offers two lithium-ion battery options, i.e., 1.5 kWh and 2.4 kWh at 58 V. I...

News  Updated at: 2026/03/19

Matter Energy, India integrates Iontra battery intelligence into AI-defined EV platform for two-wheelers On March 17, 2026, Matter and US-based Iontra announced a partnership to integrate Iontra’s real-time battery sensing and adaptive charging technology as a core layer of Matter’s AI-Defined Vehicle (AIDV) platform for electric two-wheelers. The integration is designed to measure battery health in real time, dynamically adjust charging to c...

News  Updated at: 2026/03/18

Bajaj plans new motorcycle plant in Mexico On March 12, the Constitutional Governor of the State of Mexico, in a social media post, announced that the India-based two-wheeler OEM Bajaj Auto is planning a new plant in the Toluca Valley. The motorcycle assembly plant is expected to generate 2,500 direct jobs and 6,000 indirect jobs. Multiple sources reported that Bajaj will invest USD 145 million in this project. It will have an annual production c...

News  Updated at: 2026/03/17

Government of India panel flags gaps in EV incentives, PLI rollout and battery capacity On March 11, 2026, the Rajya Sabha Standing Committee on Industry said only 1,656,335 EVs had been incentivised under PM E‑DRIVE as of 31 January 2026, about 58.6% of the revised 2,826,634 target, with e‑trucks, e‑buses, and e‑ambulances still at zero and e‑rickshaws/e‑carts at just 3,602 units versus a 39,034 target. The panel flagged that around ...

News  Updated at: 2026/03/12