Toyota Kirloskar Motor (TKM) unveiled the Innova HyCross today. The Innova HyCross is a self-charging Strong Hybrid Electric Vehicle (SHEV).

TKM claims that the Innova HyCross is powered by fifth generation self-charging Strong Hybrid Electric system, with a TNGA 2.0-litre four-cylinder gasoline engine and a monocoque frame with an e-drive sequential shift, delivering a max power output of 137 kW (186 PS). According to TKM, this provides rapid acceleration and best in-segment fuel economy. The TNGA 2.0 litre four-cylinder gasoline engine is also mated to a direct shift CVT in select grades, delivering an output of 128 kW (174 PS).

Present at the launch in Mumbai, Hideki Mizuma, Chief Engineer, Innova, Toyota, said, “Innova has become an iconic vehicle in India’s mobility journey and is a household name. Today, we are happy to launch the all new Innova HyCross for our Indian customers. The self-charging Strong Hybrid Electric Vehicle, with the spaciousness of an MPV and proportions and poise of an SUV, is loaded with features to meet the aspirations of Indian customers. This feature-packed vehicle is intended for those who seek safety and comfort while travelling and would love to be a part of the new Innova HyCross family. The latest fifth generation self-charging Strong Hybrid Electric system, built on the Toyota New Global Architecture (TNGA) 2.0-litre gasoline engine provides exceptional fuel efficiency, performance and quick acceleration, and is sure to be a game-changer in this segment.”

Speaking on the occasion, Vikram Kirloskar, Vice Chairman, Toyota Kirloskar Motor, said, “It has been an amazing year as we celebrate 25 glorious years of Toyota in India. At TKM, sustainability continues to be at the core of our business and with an unprecedented increase in carbon emissions globally, we firmly believe that its HY time to shift gears for a greener future. In this direction, we have adopted clean and green solutions across all our operations and value chain, so that the green products that we offer to our customers are also manufactured in green factories. Additionally, we are relentlessly working towards creating a local manufacturing eco-system for green technologies, not only for India but also for the world. With the launch of the new Innova HyCross, we are redefining the paradigm and redrawing boundaries of technological and product excellence, while taking customer experience to a new HY like never before.”

Also present at the event, an elated Masakazu Yoshimura, Managing Director and Chief Executive Officer, Toyota Kirloskar Motor, said “Ever since our inception, TKM has focused on complete peace of mind for our customers. One of our biggest success stories here has been the iconic Innova, that keeps finding continued appreciation and love, across the country. Being the undisputed leader of the MPV segment, the Innova has found its home in more than a million households in India, reflecting our core DNA of quality, durability and reliability, made possible through highly skilled global competitive manpower. Our customers’ trust in the brand has motivated us to make ever better ‘fun to drive’ cars and bring in latest global technologies to India, thereby bringing ‘mass happiness to all’. We are confident that the new Innova HyCross will carry forward the brand legacy and take customer delight to a new HY.”

Features of Innova HyCross
Designed for family needs, the Innova HyCross is a vehicle for every occasion delivering glamour, toughness, comfort, safety and advanced technology. Drawing inspiration from Toyota’s global SUV heritage, this latest vehicle features a muscular and tough design, with ample space, states TKM. This ample space provides flexible and comfortable seating for all. As per TKM, the vehicle is aimed at families wanting a vehicle that can handle rough roads, and provide a seamless, fatigue-free drive.

Other key features

Exterior features
- Panoramic sunroof
- Front grille with gun metal finish
- Automatic LED headlamps with auto high beam
- First in segment dual function Daytime Running Light (DRL)

Interior features / comfort and convenience
- The first in-segment features include a paddle shift, powered ottoman second row seats, front ventilated seats, air conditioner (dual zone – front and rear zone), rear retractable sunshade, electrochromic inner rear view mirror (EC IRVM) and power back door.

- Large TFT multi-information display
- Driver seat memory and slide return and away function
- Indirect blue ambient illumination

Infotainment system
- Connected 25.65 cm (10.1”) connected display audio with premium, JBL 9 speaker (including subwoofer)
- Toyota connected car technology - iConnect

Safety features
- TOYOTA SAFETY SENSE (TSS), which includes safety features like a dynamic radar cruise control, lane trace assist, rear cross traffic alert, blind spot monitor, etc.
- 6 SRS airbags
- rear disc brakes
- Vehicle Stability Control (VSC) and hill start assist
- Electronic Parking Brake (EPB) with auto hold
- Antilock Braking System (ABS) with Electronic Brakeforce Distribution (EBD)
- Panoramic view monitor with dynamic back guide

The Innova HyCross features a tough, muscular exterior design. TKM claims that the raised bonnet line, a large hexagonal gunmetal finish grille, automatic LED headlamps, super chrome alloy wheels and a wider bumper further enhance its sophisticated and rugged look. Also complementing the look are the bigger tyres with shorter overhangs, along with a more curved rear to augment the SUV stance. 

Moreover, according to TKM, the car provides unmatched comfort and convenience through a raised eye point and the newly-introduced Ventilated Front Seats that take care of the hot Indian summers. For the second row, the 25.65 cm (10.1″) connected display audio with JBL premium nine speaker system (including subwoofer), segment-first powered Ottoman second row seats and multi-zone A/C combine, offer a luxurious experience. TKM states that the flat floor design, wheelbase of 285 cm (longest in the segment) and platform width enhancement further ensure a spaciousness for extended family and friends to travel together. Additionally, the power back door and tilt-down seats ensure maximum space utilisation and enhanced luggage space.

As per TKM, the Innova HyCross is available in super white, platinum white pearl, silver metallic, attitude black mica, sparkling black pearl crystal shine, avant grade bronze metallic and a new colour – blackish ageha glass flake. The Interiors in black and with two new colours – chestnut and black and dark chestnut – reflect a premium impression.

TKM states that the car offers a warranty of three years/100,000 kilometres and an option of extended warranty of up to five years/220,000 kilometres, three years free roadside assistance, attractive financial schemes and eight years/160,000 kilometres warranty on the hybrid battery.

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CATL and Stellantis broke ground on a EUR 4.1 billion battery plant in Figueruelas, Spain, on 26 November. The 50:50 joint venture will produce lithium-iron-phosphate battery cells and targets an annual production capacity of 50 GW/h.

The project, which is Spain’s largest battery factory, is backed by over EUR 300 million in EU funds, with production expected to start in late 2026.

According to unions, around 2,000 Chinese workers will help construct the site, a point of contention with local authorities and residents. Also, 3,000 Spanish staff are to be hired and trained later.

Spanish authorities and residents have voiced concerns about job opportunities for local workers and potential strain from the influx of foreign employees. CATL Vice President Meng Xiangfeng said earlier in November the company needed experienced technicians to build and fine-tune production lines, with plans to train local workers to take over operations gradually.

David Romeral, Director General of CAAR Aragon, a network of automotive businesses in the region, said: “We don’t know this technology, these components – we’ve never made them before. They’re years ahead of us. All we can do is watch and learn.”

The regional government is organising work permits for arriving workers while seeking to attract battery supply chain companies to Aragon. Some Chinese technicians and managers have already arrived, with several hundred more expected by year-end and nearly 2,000 by the end of next year.

CATL’s approach contrasts with its Hungarian site in Debrecen, where it hired mostly locals to build its European plant. However, a lack of local workers caused production to be delayed from late 2025 into mid-2026. The Figueruelas facility will serve as CATL’s third European manufacturing operation, alongside the Hungarian plant and one in Germany.

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Neuron Energy, an EV battery manufacturer, has raised INR 310 million in a Pre-Series B funding round led by Equanimity Ventures, Rajiv Dadlani Group, Thackersay Family Office and Chona Family Office, with participation from Family Offices and HNI investors. With this, Neuron Energy has raised INR 810 million to date.

The funding will be used to expand Neuron Energy’s manufacturing capacity to 3 GWh and to establish a fully automated, large-scale battery facility for electric four-wheelers and buses at Chakan, Pune. The capital will also strengthen the company’s R&D capabilities, accelerate domestic growth, and broaden its footprint in international markets.

Pratik Kamdar, CEO and Co-Founder, Neuron Energy, said, “This Pre-Series B round is a defining step in our mission to industrialise world-class battery manufacturing in India. As EV adoption accelerates, we are focused on building capacity, embedding automation, and pushing the boundaries of performance and reliability. This investment ensures we can deliver at scale, both in India and globally.”

The company said it operates with a low-CapEx and low-OpEx business model. It has been growing profitably year-on-year and is on track to achieve INR 2 billion in revenue this year. The company is also confident of achieving sales of over INR 9 billion, with profitability, over the next few years.

Rajesh Sehgal of Equanimity Ventures, added, "We see immense potential in Neuron Energy’s approach to EV battery innovation and scalability. Their focus on quality, automation, and energy efficiency aligns with the evolving demands of the EV industry in India and beyond. We are proud to support their next phase of growth as they scale into new vehicle categories and manufacturing capacities."

The new facility reinforces the company’s position in two-wheeler EV batteries and signals a strategic entry into heavier vehicle segments. This supports Neuron’s vision to become a comprehensive EV battery solutions provider.

Rajiv Dadlani, from the Family Office of the Rajiv Dadlani Group, said, "Neuron Energy demonstrates remarkable potential to become the market leader, with their renewed focus, in delivering top-quality products. The company and its founders are highly committed to delivering rigorously tested and safe-to-use Li-Ion smart batteries. We are confident that they will continue to thrive and set new standards in the industry."

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Mahindra has launched the XEV 9S, an electric 7-seater SUV built on the INGLO platform, with prices starting at INR 1.99 million (ex-showroom).  The XEV 9S is powered by MAIA, described as India’s fastest automotive mind.

The EV comes with a 70 kWh battery, delivering a power of 180 kW and 380 Nm of torque. It offers a claimed real-world range of 500 km from its LFP battery, which comes with a Lifetime Warranty. The SUV is stated to be the fastest 7-seater in its class, reaching zero to 100 kmph in 7.0 seconds, with a 202 kmph top speed.

The fully-loaded Pack Three Above 79 kWh variant is priced at INR 2.94 million ex-showroom with bookings open on 14 January 2026 and deliveries starting on 23 January 2026.

R Velusamy, President - Automotive Business, Mahindra & Mahindra and Managing Director, Mahindra Electric Automobile, said, “We have always believed that technology is meaningful only when it expands human possibility. The XEV 9S built on the INGLO electric origin platform does exactly that by creatin space – more than anyone else and gives a smooth and noise free ride. THE MAIA brain enables many of its high-tech features, making it the most advanced offering for its price.”

Nalinikanth Gollagunta, Chief Executive Officer - Automotive Division, Mahindra & Mahindra and Executive Director, Mahindra Electric Automobile, said, “The future of Indian mobility will belong to brands that don’t just electrify vehicles, but reimagine categories. With the XEV 9S, we’re not just playing in the EV segment, we’re expanding it. This SUV signals the start of a BIG new electric era for Mahindra - one built on scale, on purpose, and on a deep understanding of how India moves. The attractive prices starting at ₹ 19.95 Lakh make a very high-tech product accessible, with bookings opening on Jan 14 and deliveries start on Jan 23.”

The XEV 9S is an expression of Mahindra’s Heartcore Design philosophy, featuring a stance, lines, a gloss finish and interiors. The vehicle is designed to be silent on wheels.

Key highlights include:

• Space: Offers 4,076-litre of cabin space (for front and second row), boot space up to 527-litre and 150-litre of Frunk space. The third-row features 50:50 split seats.
• Suspension: Features Intelligent Adaptive dampers with i-Link at the front and 5-Link independent suspension at the rear.
• Driver Aids: Includes L2+ ADAS with five Radars and one Vision Camera, Driver Drowsiness Detection with DOMS (Eyedentity) and Secure360 Pro for live view and recording.
• Interior Comfort: Features Powered Boss Mode, ventilated second row seats, recline and sliding adjustment, sunshade for second row windows, Acoustic ‘Laminated’ Glass and wireless phone charging.
• Technology: Equipped with Brake by Wire with IEB, High Power Steering with VGR, VisionX – AR HUD, AutoPark Assist, and 140 features including Digital Key, NFC and Charge Scheduler.
• Entertainment: Includes a 16-Speaker Harman Kardon Audio system with Dolby Atmos, three 31.24 cm screens, 5G Connectivity and Fun & Work Apps.
• Efficiency: Running costs are INR 1.2 per km, with maintenance costs of INR 40 paise per kilometre and negligible road tax. Business owners benefit from 40 percent depreciation.

Pratap Bose, Chief Design & Creative Officer - Auto & Farm Sectors, Mahindra & Mahindra, said, “Designing the XEV 9S wasn’t about adding lines to a surface, it was about shaping a feeling. We wanted it to feel like stepping into a personal sanctuary, yet one that carries the pulse of modern India. Electric gave us the canvas; INGLO gave us the freedom to sculpt light, space and comfort. The result is an SUV that wears its size with grace and its technology with humility. It’s expressive, it’s calm, and it’s unmistakably Mahindra - built for a nation whose aspirations are only getting bigger.”

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