Ferrari has revealed the livery of its 100-foot flying ocean monohull during Milan Design Week, marking a major step in offshore sailing where innovation, aerodynamics and design research converge. The project, named Ferrari Hypersail, emerges from a creative process that blends the Maranello manufacturer’s aesthetic language with cutting edge maritime technology, underscoring a deepening relationship between design, performance and engineering.

The initiative functions as an open innovation platform, merging diverse expertise into a collective effort to redefine nautical possibilities. Key contributors include the Ferrari Tech Team guided by Matteo Lanzavecchia and Marco Guglielmo Ribigini, the Ferrari Design Studio led by Flavio Manzoni and naval architect Guillaume Verdier. Their goal is to transfer into the yachting world the same design philosophy that distinguishes Ferrari’s road cars, balancing constant innovation with respect for form.

In Hypersail, design arises directly from function, with every volume shaped by the interaction of wind, water and speed. As an offshore vessel, aesthetic decisions developed under strict aerodynamic and engineering constraints from the outset. The Ferrari Design Studio worked closely with the engineering team and Verdier to turn hydrodynamic and structural limitations into aesthetic opportunities.

The monohull’s streamlined silhouette recalls the proportions seen in the Ferrari Monza SP1 and SP2. The deck’s coachroof exterior echoes the graphic architecture of the Le Mans winning Hypercar 499P. Surfaces on the deck and coachroof, developed directly by the Ferrari Design Studio, ensure maximum technical efficiency, mirroring the development process of any Ferrari car. Solar panels integrated into the deck and hull sides are walkable with a specific grip, positioned after advanced study of solar exposure during navigation.

For the livery, the studio chose Nuovo Giallo Fly, a yellow shade with deep narrative roots. Historically representing Ferrari’s second soul, Giallo Fly first appeared on the 275 GTB, inspired by Fiamma Breschi, friend of Enzo Ferrari and widow of driver Luigi Musso. The name Fly creates a linguistic link to the vessel’s foiling nature. The carbon fibre hull appears in a new grey variant, Grigio Hypersail, expressing the material’s lightness and performance. The interplay between Grigio Hypersail and Nuovo Giallo Fly evokes Ferrari’s stylistic codes, including the colour separation of the 512 BB, while the Ferrari logo on the sail continues the elongated F motif seen on recent Formula 1 cars and other models.

From 22 to 26 April, Hypersail will be exhibited at the Ferrari Flagship Store in Milan through a dedicated display. The project also includes a lighthouse installation, an exclusive sculpture by the Ferrari Design Studio on the HIGHLINE Milano terrace overlooking Piazza del Duomo, positioning Hypersail as a symbol of future technology and performance in offshore sailing.

Flavio Manzoni, Ferrari Chief Design Officer, said, “Hypersail represented an unexpected opportunity for the Ferrari Design Studio; a challenging objective due to its complexity, which allowed us to extend our creative research into a context different from our usual one. In reality, the Design Studio is not new to this kind of endeavour. In the past, the experience gained in racing car projects, one of the most technologically advanced sectors, has encouraged exploration into more complex fields, allowing us to test ourselves and expand our expertise.”

Matteo Lanzavecchia, Head of Vehicle Engineering at Ferrari and Chief Technology Officer of Hypersail, said, “Hypersail is a vessel unique in scale and technology, engineered to deliver peak performance within an environment as singular and unpredictable as the ocean. This is achieved through its core concept: foiling, made possible by a sophisticated control system, leveraging the expertise gained from our automotive developments, and powered by energy recovered from renewable sources such as wind, solar, and motion. The strategic choice of a monohull arises from the synergy between maximum hydrodynamic and aerodynamic efficiency. Throughout every design phase, the collaboration with the Design Studio allowed us to accentuate and refine Hypersail’s forms and features, establishing it as a definitive benchmark of design and innovation.”

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South Korean auto major Hyundai Motor Group has entered into a multilateral agreement with 9 corporate partners from South Korea, Mainland China, Hong Kong, and France to develop an integrated hydrogen ecosystem in Hong Kong.

The announcement was made during the International Hydrogen Development Symposium 2026, coinciding with a separate intergovernmental Memorandum of Understanding (MoU) signed between the governments of South Korea and Hong Kong to align clean energy policies.

The corporate alliance is structured to establish a regional hydrogen market while positioning Hong Kong as an operations base for the Group’s expansion across the Asia-Pacific territory. The project is aligned with the Hong Kong Government’s Climate Action Plan 2050 and the city's 2024 Hydrogen Roadmap, which provides financial subsidies via the New Energy Transport Fund for zero-emission infrastructure.

The execution plan focuses on localised energy production and transit infrastructure to operate by the end of 2030. Key initiatives include:

• Waste-to-Hydrogen (W2H) Production: Utilising local landfill gas (LFG) resources to generate low-carbon fuel.
• Fleet Deployment: Introducing fuel cell commercial vehicles, focusing on tour buses and airport shuttles to service the transit sector.
• Refuelling Network: Constructing hydrogen refuelling stations (HRS) in high-traffic freight corridors.

Seung Kyu Shin, Executive Vice-President and Head of Energy & Hydrogen Policy Sub-Division, Hyundai Motor Group, said, “This MoU was signed as Hyundai Motor Group’s commitment to advancing Hong Kong’s proactive hydrogen policies and driving the acceleration of its hydrogen ecosystem utilising the Group's hydrogen business capability and experience. Starting with Hong Kong, we look forward to expanding our collaboration and business opportunities across the broader Asia-Pacific hydrogen market.”

Alpha Lau, Director-General of Investment Promotion of Invest Hong Kong, stated, “Today multi-party signing is both a landmark moment for Hong Kong’s green economy and a clear signal that the city’s hydrogen ecosystem is gaining real traction. Over the past three years, InvestHK has helped leading hydrogen enterprises establish themselves in Hong Kong, several of which have since listed on the Hong Kong Stock Exchange, raising over HK$2.5 billion in total. For businesses with global green ambitions, Hong Kong is where business growth takes shape.”

The Group's HTWO Guangzhou facility, its first overseas fuel cell production site, will manufacture and supply the vehicle systems required for the regional deployment. Under the timeline established by the consortium, project site selection will be finalised by 2027, followed immediately by the engineering design phase for the production plants.

The division of responsibilities among the ten signatory companies is structured as follows:

This project expands the Group’s global W2H portfolio, which includes the HTWO Energy Cheongju facility in South Korea utilising sewage sludge and an active landfill-to-hydrogen joint venture in Indonesia with Pertamina.

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Hyderabad-based electric vehicle company Keto Motors has marked its debut on the Bombay Stock Exchange following the completion of its reverse merger with Taaza International.

The transaction, which received approval from the National Company Law Tribunal (NCLT), Hyderabad Bench, alters the corporate identity and core business operations of the listed entity to focus on the commercial electric vehicle (EV) market.

The listing coincides with the development of the company's INR 3 billion electric bus manufacturing project in Telangana. The facility, situated in Jadcherla, is being established to support the assembly and production of commercial EV platforms, including the upcoming rollout of the Urbanova KE9, a 9-metre electric bus platform that has secured Central Motor Vehicles Rules (CMVR) Type Approval certification.

To support its engineering requirements, Keto Motors has formed a technical association with Taiwan-based TRON Energy Technology. The collaboration provides the manufacturer with access to powertrain solutions, battery systems and chassis engineering technologies for its vehicle line-up. The company is targeting demand from State Transport Undertakings (STUs), institutional fleet operators, and urban transit networks.

Venkatesh Challa, Director, Keto Motors, said, “Our BSE debut marks an important milestone in Keto Motors’ journey as we continue building a scalable electric commercial mobility business in India. This development strengthens our ability to expand manufacturing capabilities, accelerate product innovation, and support the growing adoption of sustainable transportation solutions across the country. We believe India’s commercial EV sector is entering a transformative phase, and Keto Motors is well-positioned to contribute meaningfully to this transition.”

“To all our shareholders, I would like to convey that this journey is not only about business growth, but also about contributing to India’s progress. We remain committed to building cutting-edge technology, world-class manufacturing capabilities, generating employment, and advancing sustainable mobility solutions that can play a meaningful role in the country’s growth story,” added Challa.

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Mumbai-headquartered automotive major Mahindra & Mahindra and DBS Bank India have signed a Memorandum of Understanding (MoU) to introduce a sustainability-linked dealer financing program. The initiative provides preferential interest rates on vehicle inventory loans to authorised dealers that meet environmental, social and governance (ESG) performance criteria.

The framework operates in conjunction with Mahindra’s Green Dealership Program to evaluate dealership locations against specific metrics. These operational parameters include the monitoring of greenhouse gas emissions, water consumption levels, deployment of renewable energy sources, implementation of rainwater harvesting systems and waste management practices. The assessment also factors in the installation of public electric vehicle (EV) charging infrastructure and the volume of electric sport utility vehicles (eSUVs) sold by the business.

Under the financing structure, dealerships purchase passenger and commercial vehicles from the manufacturer using credit lines from DBS Bank India. Financial incentives and interest rate adjustments are calibrated based on the dealer's audited ESG scores and sustainability targets.

Nalinikanth Gollagunta, Chief Executive Officer – Automotive Division, Mahindra & Mahindra, said, “The launch of our sustainability-linked dealer financing programme with DBS Bank India comes as India stands at a critical juncture in its sustainability journey. As a company with a long-standing commitment to sustainability we very much see it as our responsibility to support India’s sustainability ambitions. The launch of this financing program will enable us to step up the breadth of our decarbonisation efforts, bring our dealerships into the fold and drive a reduction in Scope 3 emissions.”

Divyesh Dalal, Managing Director and Country Head – Global Transaction Services, Corporate Banking – Financial Institutions and SMEs, DBS Bank India, added, “DBS is proud to partner with Mahindra & Mahindra to turn green ambitions into reality. Our new financing program goes beyond the balance sheet, providing the practical tools needed to decarbonise their dealer network at scale. We have leveraged our cross-border expertise to customise this innovative solution that supports our client’s growth, while driving the transition to a net-zero future.”

Terence Yew Tiek Yong, Managing Director and Group Head of Corporate Sales & Solutioning, Global Transaction Services, DBS Bank, said, “DBS is proud to have partnered Mahindra & Mahindra in driving prominence of ESG among its dealers. DBS is supporting Mahindra & Mahindra by incentivising their dealer network to promote EV adoption in the community and enable higher ESG standards of operations and investment. We are inspired by the active collaboration across Mahindra & Mahindra’s organisational functions, from Production to Sustainability, from Channels to Finance, to take the wheel in climate adaptation.”

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Mumbai-headquartered automotive major Mahindra Group has highlighted the development of its corporate exhibition space, The Museum of Living History, at Mahindra Towers in Worli, Mumbai, to mark International Museum Day.

Established in July 2022 to document the group’s operations since its inception, the facility records an average attendance of 900 to 1,000 visitors per month, including students, professionals and the public.

The facility incorporates physical and digital art installations to display the timeline of the company’s business sectors. Recent updates made to the repository include a ‘culture wall’ detailing the group’s involvement with the Mahindra Season of Festivals music events, alongside exhibits representing updated corporate values.

The architecture of the 4,000-square-foot space is based on the nautilus shell, utilising a spiral design to illustrate business expansion and structural changes. The interior layout uses variations in light and texture to connect historical records with current industrial projects. The curation, designed by creative consultant Elsie Nanji and experience designer Harsh Manrao, focuses on individual narratives and commissioned artworks rather than traditional historical artifacts.

Anand Mahindra, Chairman, Mahindra Group, said, “The Museum of Living History has evolved to reflect the changing Mahindra business and cultural landscape, while still staying true to the Group’s philosophy and core values. The cornucopia of stories from both businesses and our people is reflective of the brand we are – a living, breathing entity in this ever-changing world.”

The exhibition path follows a nonlinear format, allowing visitors to interpret the installations independently. The museum serves as a central repository for the group's corporate history while functioning as an interactive space for public and institutional visits.

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