Ultraviolette Goes Global: Becomes first Indian EV bike maker to launch in 10 European nations

In a big move for India’s electric vehicle (EV) industry, Ultraviolette Automotive has become the first Indian electric two-wheeler manufacturer to launch in 10 European countries, marking its global retail debut at an event held under the Eiffel Tower in Paris. The Bengaluru-based startup has introduced its flagship electric performance motorcycles — the F77 MACH … Read more

Hyundai Motor India begins passenger vehicle engine production at Talegaon plant

Hyundai Motor India Limited (HMIL) on Monday (June 16) announced the commencement of passenger vehicle engine production at its manufacturing facility in Talegaon, Maharashtra. Located in the Talegaon Industrial Area near Pune, the plant is now operational for engine manufacturing, with full-scale passenger vehicle production expected to follow. Hyundai stated that a separate intimation will … Read more

HC quashes order refusing Yamaha trademark similar to Honda’s; directs authority to decide afresh

In a relief to Japanese automobile company Yamaha, the Bombay High Court has set aside an order refusing it a trademark similar to one already registered by Honda Motor Company and directed the registrar, Trade Marks, to adjudicate the issue afresh. A bench of Justice Manish Pitale on June 13 said while a bare perusal … Read more

Patil Automation IPO to raise ₹70 crore for EV, defence push with NSE SME listing

Patil Automation, a customised automation solutions provider, is looking to raise nearly ₹70 crore through its initial public offering, which opens for subscription on June 16. The initial public offering (IPO), priced between ₹114-120 per equity share, will remain open until June 18, and the shares of the company will be listed on the NSE’s … Read more

Donald Trump floats higher auto tariffs, guts California gas car ban

President Donald Trump said he may raise US auto tariffs in order to boost domestic auto manufacturing, a move that could further ratchet up tensions with trading partners. Trump spoke Thursday at a signing ceremony for legislation terminating California regulations that would have banned the sale of gasoline-powered cars in 2035 — a long-sought victory … Read more

Overdrive | VinFast gears up for India entry; Skoda marks 25 years with EV focus

This week on Overdrive, the spotlight is on electric mobility and strategic expansion in the Indian auto market. By Sohini Dutt  June 14, 2025, 3:11:22 PM IST (Published) Vietnamese electric vehicle (EV) maker VinFast is preparing to launch its offerings in India. With growing interest in EVs, Overdrive’s Kranti Sambhav shares details on what the … Read more

VECV CEO flags rare earth supply risk, calls steel duty inflationary

Rare earth magnet supply remains a key concern for VE Commercial Vehicles (VECV), according to Vinod Aggarwal, Managing Director and CEO. Speaking to CNBC-TV18, Aggarwal said the company currently has around two to three months of inventory, but the situation could become difficult if the issue isn’t resolved soon. “If the problem is not solved … Read more