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RODIM Opens First Exclusive Brand Store In Faridabad
May 06, 2026
The facility also marks RODIM’s first exclusive global brand store, positioning India as its first launch market worldwide.
MT Bureau
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Netradyne Acquires Moove Connected Mobility To Expand Presence In Europe
May 06, 2026
The acquisition is part of Netradyne’s expansion and its strategy for the European region. By combining Netradyne’s platform with Moove’s presence, customer relationships and experience, the company aims to serve customers across the continent.
MT Bureau
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DAF Commences Production of XG And XG+ Electric Trucks
May 06, 2026
DAF's range of electric vehicles extends from the 12-tonne XB Electric for distribution to the XG and XG+ Electric for haulage. These models share technology with the XD and XF Electric trucks, which were named ‘International Truck of the Year 2026’.
Atul Patil
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TVS iQube S 4.7 kWh Variant Launched At INR 137,142
May 06, 2026
The TVS iQube is one of the most popular e-scooters sold in India. The e-scooters are currently available in more than 1,000 cities and 3,300 dealerships across India.
MT Bureau
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Hero MotoCorp Reports INR 52.68 Billion Net Profit For FY2026
May 06, 2026
In FY2026, Hero MotoCorp sold 64.69 million units, revenue from operations of INR 468.30 billion and a net profit of INR 52.68 billion. The EBITDA margin for the year was 14.7 percent, an increase of 30 basis points from the previous year.
Atul Patil
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Hyundai Motor India Celebrates 30 Years Of Operations
May 06, 2026
Since its inception, Hyundai Motor India has invested around INR 4,070 billion in its Indian operations. The company has outlined a plan to invest an additional INR 4,500 billion between FY2026 and FY2030. This investment will focus on manufacturing, elec
Atul Patil
