Chennai-based two-wheeler and three-wheeler major TVS Motor Company (TVS Motor Co) has announced its wholesales for March 2025 and FY2025.

The company reported its two-wheeler sales came at 400,120 units last month, which marked a 16 percent growth YoY, this includes 297,622 units in the domestic market, up 14 percent YoY.

The motorcycle sales came to 196,734 units, while scooter sales came to 166,297 units, marking a growth of 15 percent and 27 percent YoY, respectively. The electric vehicle sales came at 26,935 units, up 77 percent YoY.

On the other hand, the three-wheeler sales at 14,567 units marked a 44 percent growth for the company.

TVS Motor Co reported its highest-ever yearly sales in FY2024-25. The company sold a total 4.74 million vehicles, up 13 percent, as against 4.19 million vehicles in FY2024. This includes 4.33 million two-wheelers, up 12 percent from the 3.85 million units sold last year. Three-wheeler sales came to 146,000 units, up 8.14 percent, as against 135,000 units last year.

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German luxury carmaker Mercedes-Benz has attained another milestone by rolling out the 600,000th Mercedes-Benz G-Class from Graz, Austria. The milestone vehicle is an electric G 580 with EQ Technology finished in obsidian black metallic.

Since its launch in 1979, the G-Class has become a symbol of off-road capability and design. The first G-Models combined off-road performance with on-road comfort and Mercedes' safety standards. In the past four decades, it has evolved while retaining key features such as all-wheel drive, differential locks, and a ladder frame. Design elements like the round headlights and exposed spare wheel remain.

In celebration of its heritage, a limited edition, the G-Class Edition Stronger Than The 1980s, was released last year. This model paid homage to the original W 460 series.

The brand's customisation service, Manufaktur, has seen increasing popularity. Since 2019, over 90 percent of G-Class customers choose at least one Manufaktur option, averaging three per vehicle. Customers can now select from up to 20,000 paint colours, including heritage shades.

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Vietnamese automaker VinFast has officially inaugurated its electric vehicle assembly plant at SIPCOT Industrial Park in Thoothukudi, Tamil Nadu, India.

The new facility is VinFast’s third operational plant and the fifth project in its global manufacturing network. It is part of the company’s long-term bet on selling its vehicle in the world’s third-largest automobile market.

The factory is spread across 400 acres and is equipped with state-of-the-art production lines, featuring advanced automation and technologies. The complex houses multiple workshops, including body shop, paint shop, assembly shop, quality control centre, and a logistics hub. It also includes an auxiliary cluster for local contractors, which is expected to expand in the coming years.

The company expects to create around 3,500 jobs for local workers at full capacity, along with several thousand indirect jobs in the supply chain ecosystem. To start with, the company will assembly the VF 7 and VF 6 electric vehicles with a capacity of 50,000 units per annum, which can be scaled upto 150,000 units per annum to meet market demand.

VinFast states with the Tamil Nadu plant on stream, it moves closer to its 2025 sales target of 200,000 vehicles and its long-term production goal of 1 million vehicles per year by 2030.

Pham Sanh Chau, CEO, VinFast Asia, said, “The VinFast Tamil Nadu plant marks a strategic milestone in our long-term commitment to the Indian market. It establishes a strong foundation for sustainable growth and positions us to offer high-quality, competitively priced electric vehicles to Indian consumers. Looking ahead, the facility will expand its production capacity to meet rising demand. We aim to develop it into VinFast’s largest export hub for South Asia, the Middle East, and Africa. In fact, we've already secured initial orders from several countries across these regions. In close collaboration with the Tamil Nadu government, VinFast is working to transform the area into the 'EV capital of South Asia'—supporting both the dynamic domestic market and our broader regional ambitions.”

Going forward, VinFast aims to further promote localisation, technology transfer and also upskill its workforce.

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Chinese electric vehicle manufacturer NIO has attained a new production milestone with the 800,000^th unit – Onvo L90 – rolling out from its Factory One in Hefei on 24 July 2025.

Since the pre-order started on 10 July, the company shared that the L90 has received widespread interest and recognition from users and the market.

Built on NIO’s decade of investment in the charging and swapping infrastructure, the L90 redefines the family-oriented three-row electric SUV by tackling two major user pain points: charging anxiety and space anxiety.

The test drives for the L90 officially began on 23 July with nearly 600 test drive cars now available at over 400 ONVO stores and showrooms in 140 cities in China. The L90 is set to be officially launched on 31 July, with deliveries starting 1 August.

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The Association of Indian Forging Industry (AIFI), the apex representative body of the Indian forging sector, has signed a Memorandum of Understanding (MoU) with the Bureau of Energy Efficiency (BEE), Ministry of Power, Government of India.

The agreement was signed in the presence of the Union Minister of Power and Housing & Urban Affairs, Manohar Lal, signifying an important step towards embedding sustainable manufacturing practices within the forging sector. It forms part of the newly launched Assistance for Deployment of Energy Efficient Technologies in Industrial Establishments (ADEETIE) scheme.

The ADEETIE initiative, announced by the Ministry of Power and managed by BEE, is focused on enabling micro, small and medium enterprises (MSMEs) across 14 energy-intensive sectors – including forging – to adopt advanced energy-efficient technologies. The scheme adopts a comprehensive approach, offering:

• Interest subvention on loans for technology adoption (5 percent for micro and small enterprises, 3 percent for medium enterprises).
• End-to-end support, including investment-grade energy audits, guidance with project execution and robust post-deployment monitoring.
• Establishment of a dedicated project management unit and a nodal banking partner to streamline the process.

With a total budget of INR 10 billion, the scheme aims to unlock more than INR 90 billion in overall investments, including INR 67.5 billion specifically set aside for MSME lending. This allocation is expected to reduce the financial burden for forging units seeking to embrace energy-efficient solutions.

Yash Munot, President, AIFI, said, “This collaboration with the Bureau of Energy Efficiency marks a significant step forward for the Indian forging industry. As one of the most energy-intensive sectors, forging stands to benefit immensely from the structured support offered under the ADEETIE scheme. By enabling access to financial incentives and technical guidance, this initiative will empower MSMEs to adopt cutting-edge, energy-efficient technologies. It aligns perfectly with our vision of building a globally competitive, environmentally responsible and innovation-driven forging ecosystem. AIFI is committed to mobilising our members across clusters to take full advantage of this opportunity and contribute meaningfully to India’s broader sustainability and industrial growth goals”.

Deven Doshi, Chairman – Government Interface, AIFI, added, “Energy efficiency is very essential for forging companies, but the MSME sector often faces structural barriers in adopting cleaner and more efficient technologies. The ADEETIE scheme provides a structured framework of support, including technical, operational and financial aspects, that directly addresses these challenges. AIFI is proud to be a partner in this transformative journey. This collaboration not only ensures sectoral compliance with energy norms but also paves the way for long-term industrial modernisation.”

The Indian forging industry, particularly its MSME segment, has been a foundation for the country’s manufacturing and export sectors, supporting diverse areas such as automotive, defence and capital goods. Despite this, the sector has historically faced high energy costs and sustainability challenges. The ADEETIE scheme is set to address these issues directly, equipping forging enterprises with fiscal support and technical know-how to achieve sustainable growth.

Through this MoU, AIFI will actively promote and facilitate the implementation of the ADEETIE scheme across forging clusters nationwide, ensuring that members gain timely access to tools, knowledge, and incentives needed to strengthen both competitiveness and environmental responsibility.

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