Eicher Motors Limited (EML) – the listed parent of Royal Enfield apart from being a partner in Volvo Eicher Commercial Vehicles (VECV), a joint venture commercial vehicle unit with Volvo – has reported its best ever Q2 FY2024-25 with a revenue of INR 42.63 billion from operations. It was INR 41.15 billion in the corresponding period of FY2023-24.  
The EBITDA during the respective period was INR 10.88 million as compared to INR 10.87 million in the corresponding quarter last fiscal. Profit After Tax was INR 11 billion, an increase of 8.3 percent as compared to INR 10.16 billion during the same period last year. 
During the quarter, Eicher Group company Royal Enfield recorded sales of 2,25,317 motorcycles as compared to 2,29,496 motorcycles sold during the same period in FY2023-24. 
For Q2 FY 2024-25, VECV’s revenue from operations was INR 55.38 billion, up by 8.0 percent over the previous year’s revenue of INR 51.26 billion.  EBITDA for the second quarter was INR 3.95 billion as compared to INR 4.02 billion last year. 
Profit After Tax (PAT) stood at INR 2.09 billion as against INR 1.87 billion last year. VECV recorded sales of 20,774 vehicles in the second quarter over 19,551 vehicles last year. 
Siddhartha Lal, Managing Director, Eicher Motors Ltd, mentioned, “During this quarter, we have continued to sustain the momentum both at Royal Enfield and VECV. At EICMA, earlier this month, we launched two motorcycles on our 650-Twin platform; the Bear 650, and the Classic 650. In addition to this, Royal Enfield marked its foray into electric mobility with a new EV brand - the Flying Flea. With an intent to disrupt and grow the electric motorcycle segment, we are approaching it with the same singularity, focus and unconventionality with which we have grown and energized the global mid-size segment over the last several years. Under the Flying Flea we will have a portfolio of differentiated electric motorcycles for city+ mobility. On the commercial vehicle front, VE Commercial Vehicles delivered its best Q2 ever, with strengthened market shares in truck segments. This is commendable against the backdrop of lower industry volumes as compared to Q2 of last year.”
B. Govindarajan, CEO, Royal Enfield and Whole-time Director of EML, said, "This quarter we launched two stellar motorcycles - the Guerrilla 450 and the 2024 Classic 350 in an all-new avatar and response to both these motorcycles has been remarkable. We have also made significant progress on expanding and strengthening our footprint outside India as we debuted the brand in Bangladesh with our new flagship store in Dhaka, and a manufacturing and assembly unit in the country. We are also setting up a second CKD in Brazil early next year. Basis the strong legwork that we put in during Q2 this year, we were able to achieve a very special milestone for Royal Enfield in terms of our festive sales performance in October. We outperformed all our previous monthly sales performance and achieved over 1,00,000 sales in a single month. These initiatives underscore our commitment to our long-term strategic goals and to continue delivering pure motorcycling experiences across the globe.” 
Speaking on the performance, Vinod Aggarwal, MD and CEO, VECV, said, “VECV delivered its highest ever second quarter sales during Q2 FY25 growing 6.2 percent over Q2 FY24 and attaining leadership in the Light and Medium Duty (LMD) segment during the quarter. This growth was against a drop in CV industry volumes of 10.8 percent in the same period and stands as a testament to our broad product range backed by fast-expanding network coverage focused on delivering uptime to customers. Margins remained under pressure in a competitive market as we successfully continued to invest in growing our heavy-duty truck presence. We took another step in our sustainability journey, signing a MoU for deployment of 500 Eicher Pro 6055 LNG trucks.”
Royal Enfield forayed into the EV space by announcing the launch of its completely new electric vehicle brand, Flying Flea at EICMA show in Milan, Italy, recently. 
The debut featured two models – the Classic-styled Flying Flea C6 and the Scrambler-styled Flying Flea S6. 
The two-wheeler company also revisited its legacy with two new models on the 650 Twin platform – the Bear 650 (a robust scrambler, designed for riders who follow their instincts, featuring versatile capabilities to enhance the riding experience) and the Classic 650 powered by the celebrated 650 Twin engine for a ride that is both swift and elegant. 
Strengthening its global footprint, Royal Enfield, in n the SAARC region, commenced operations of its Manufacturing Unit (Category 2) and flagship showroom in Bangladesh. The facility will engage in local production and assembly of four flagship models – Hunter 350, Meteor 350, Classic 350 and Bullet 350 specifically for the Bangladesh market. 
Royal Enfield has announced its intent to set up a new CKD unit in Brazil by January 2025 which will help diversify its operations and expand its presence in the automotive market.

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German automotive luxury brand Audi has started series production of the all-electric A2 e-tron at its main plant in Ingolstadt, Germany.

Interestingly, the company claims that the development timeline for the A2 e-tron was reduced by 21 months compared to previous vehicle projects through streamlined pre-series evaluation and coordination processes. The EV manufacturing process incorporates structural changes to lower operational complexity.

Audi implemented the string-of-pearls production sequence at Ingolstadt, fixing customer order sequences six days prior to assembly. This system allows component suppliers to deliver pre-sorted parts directly to the assembly line, eliminating regional storage and component sequencing areas.

The body of the A2 e-tron is assembled on shared line infrastructure alongside the Audi A3, utilising more than 1,200 reallocated components and 250 repurposed welding robots. Automated systems include camera-guided bin-picking robots for small sheet-metal parts and fully automated wheel installation stations replacing semi-automated bolting in chassis preassembly.

On the digital infrastructure side, the plant runs the Edge Cloud 4 Production platform, which centralises the control units for vehicle commissioning and operator guidance systems, replacing over 450 industrial PCs in the assembly area.

The facility also uses artificial intelligence assistants, including supply chain and maintenance chatbots, to assist line personnel with fault diagnostics and documentation retrieval.

Gernot Dollner, CEO, Audi AG, said. "The Audi A2 e-tron represents the next step in our renewal. It shows how we consistently think from the market backward, because different regions need different answers. The A2 e-tron was developed for Europe and is manufactured in Ingolstadt. It is the most efficient Audi we have ever built, and it makes electric mobility suitable for everyday use. At the same time, it shows how we are implementing our transformation in concrete terms: developing faster, producing more efficiently, and thereby strengthening industrial value creation and competitiveness in Germany."

Jorg Schlagbauer, Chairman, Audi General Works Council, said, "The start of production of the A2 e-tron in Ingolstadt is a strong signal for our site and its future. We are particularly proud of this as the works council, because together with the workforce we have repeatedly fought with great determination since 2019 for Audi to develop an entry-level electric model and build it in Ingolstadt. The project stands for technological expertise, industrial value creation, and secure prospects for our employees. Above all, however, the successful production launch is the result of the tremendous commitment and skill of our colleagues. Once again, this shows: at Audi, Vorsprung durch Technik is not just announced, it is achieved."

Gerd Walker, Board Member for Production and Logistics, Audi, said, "The A2 e-tron again demonstrates that it is possible to build cars profitably in Germany. Particularly important in this regard are AI assistants developed jointly by our Neckarsulm and Ingolstadt sites, our highly flexible production facilities, and, above all, the expertise of our employees. The model demonstrates the transformation of Audi production: less complex, even more efficient, and with a high degree of digitalisation and automation."

Siegfried Schmidtner, Plant Manager at Audi Ingolstadt, said, "The start of production of the Audi A2 e-tron is the result of extensive teamwork at the Ingolstadt plant. Drawing on their wealth of experience from numerous product launches, the team has laid the groundwork for a successful ramp-up of the model and further optimised our processes. Production of the new model strengthens core capabilities at our headquarters."

The site prepared its workforce for the launch through a multi-stage qualification program combining traditional assembly line instruction with virtual reality training modules.

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LICO Materials and Epsilon Advanced Materials have established a supply agreement to recover graphite from end-of-life lithium-ion batteries and cell manufacturing scrap for use as secondary feedstock in battery anode production.

Under the partnership, LICO Materials will process battery waste and manufacturing scrap using its mineral recovery technology to isolate graphite. The material will be supplied to Epsilon Advanced Materials for qualification and integration into its synthetic, natural, and blended graphite anode production platforms. Product samples from the recovered feedstock will be distributed for customer testing by the end of 2026. Graphite constitutes 20 to 30 percent of a lithium-ion battery's weight.

At present, China controls over 90 percent of global graphite refining and anode material production, with International Energy Agency projections indicating China will supply 80 percent of battery-grade graphite through 2035. India's Ministry of Heavy Industries projects domestic lithium-ion battery demand to reach 210 gigawatt-hours by 2030, requiring 200,000 to 230,000 tonnes of graphite anode material annually.

Gaurav Dolwani, CEO and Founder, LICO Materials, said, "Graphite is a critical material for the battery industry, yet its supply chain remains highly concentrated in China. Recovered graphite gives us an opportunity to retain material that is already within the battery ecosystem and return it to productive use. Supplying this recovered graphite to Epsilon Advanced Materials marks a breakthrough in our journey beyond battery recycling and brings us closer to closing the graphite loop."

Vikram Handa, MD, Epsilon Advanced Materials, said, "As global battery manufacturing expands, diversifying sources of graphite has become increasingly important. Recovered graphite provides an opportunity to complement conventional feedstocks while retaining valuable material within the battery ecosystem. Our work with LICO creates a pathway to bring recovered graphite back into advanced anode material production and strengthens the circularity of the battery materials value chain."

The agreement establishes domestic secondary feedstock sourcing for battery anode production, reducing reliance on primary graphite imports as Indian battery cell manufacturing expands.

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Bengaluru-based electric vehicle maker Ultraviolette Automotive has announced plans to establish a new manufacturing facility – the BIGGA Factory – in Hosur, Tamil Nadu. The plant will manufacture the Tesseract electric scooter and support the company's future product portfolio across sports, crossover, cruiser and street motorcycle segments.

The facility, located at the SIPCOT Industrial Park in Shoolagiri, will feature an initial production capacity of 250,000 units per year, which can be scaled up to 500,000 vehicles annually.

The site will complement Ultraviolette's existing plant in Bengaluru, Karnataka. The project is expected to generate approximately 2,000 jobs during its first phase.

The manufacturing setup will integrate Industry 4.0 systems, a Manufacturing Execution System for real-time tracking, collaborative robots for welding and assembly and vision-based inspection tools. The facility will also include an on-site test track to evaluate completed vehicles prior to delivery.

Narayan Subramaniam, Co-Founder and CEO, Ultraviolette Automotive, said, "We are at an inflection point in Ultraviolette's journey. Over the last few years, we have built our foundation around technology, performance and product innovation; the next phase is about building the scale to take that foundation much further. The BIGGA Factory is a significant step in that direction, giving us the manufacturing capacity and infrastructure to scale Tesseract and our future products, while creating the ability to serve a much larger customer base in India and international markets. Our current facility in Bengaluru, Karnataka will continue its regular operations alongside the BIGGA Factory, strengthening our long-term manufacturing and technology footprint in India."

Niraj Rajmohan, Co-Founder and CTO, Ultraviolette Automotive, said, "Hosur is a key manufacturing hub with a well-established automotive ecosystem, significant supply-chain advantages and close proximity to Ultraviolette's R&D operations and existing supplier network. These strategic advantages, combined with the scale, precision and manufacturing agility of the BIGGA Factory, will enable us to deliver the Tesseract and our future products to customers in India and international markets while maintaining the highest standards of quality and performance. The BIGGA Factory will further strengthen our ability to innovate and contribute to India's emergence as a global hub for electric-vehicle technology and manufacturing."

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Vedanta Group has announced that it has invested over INR 210 billion through FY2026 across projects to expand production capacity for aluminium, zinc, value-added alloys, copper, steel, nickel and ferrochrome. The capital deployment aims to scale domestic material production, supporting India's electric mobility and automotive sectors.

The investment addresses rising national demand for vehicle electrification components, including battery cells, energy storage units, electric motors, power electronics, semiconductors, charging infrastructure and vehicle structural parts.

At present, India imports over 80 percent of its critical mineral requirements. To establish domestic resource access, Vedanta said it has secured 10 critical mineral blocks covering copper, nickel-chromium-platinum group elements, tungsten, graphite, vanadium, rare earth elements and potash, with exploration activities active across five of the sites.

Within its metals operations, Vedanta Aluminium Metal produced 2.45 million tonnes of primary aluminium during FY2025–26. The division supplies primary foundry alloys, rolled products, billets, and slabs for automotive applications, alongside low-carbon offerings under its Restora and Restora Ultra product lines. The group is expanding smelting and value-added alloy capacity at its plant locations in Chhattisgarh and Jharsuguda, Odisha.

In battery materials, Vedanta operates as India's sole primary nickel producer. Through its subsidiary Hindustan Zinc, the group produced 851 kilotonne of refined zinc and 627 tonnes of saleable silver in the 2025–26 financial year, offering automotive zinc alloys and its low-carbon EcoZen product line. For electrical applications, Vedanta Limited reported cathode copper production of 170 kilotonne over the same period, while expanding downstream processing capabilities via a copper rod facility in Saudi Arabia.

Arun Misra, CEO, Vedanta Group, said, "As EV adoption accelerates, the strength of India’s journey will increasingly depend on its ability to secure reliable access to the metals and critical minerals that underpin vehicles, batteries and charging infrastructure. Building these capabilities domestically will be essential to creating supply chains capable of supporting India’s long-term mobility ambitions. At Vedanta, we are investing across this opportunity through our presence in key metals, while building capabilities in critical minerals. We are expanding our role across the resource base that will support the next generation of mobility and battery value chains."

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