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Mahindra Last Mile Mobility Secures INR 3.22 Crore Funding At INR 108.22 Billion Valuation
July 30, 2026
The funding round was led by global investment firm Lightrock, with participation from existing investors International Finance Corporation (IFC) and the India-Japan Fund (IJF), managed by National Investment and Infrastructure Fund (NIIF).
MT Bureau
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Production & Export Disruption Impact Hyundai Motor India Q1 Profit
July 30, 2026
Hyundai Motor India stated that fiscal 2027 began robustly, with cumulative sales in April and May growing 13 percent YoY and domestic volumes for the full quarter rose 5.4 percent to 139,374 units. However, a fire at a supplier facility constrained produ
MT Bureau
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Honda Appoints Toshiyuki Yanagisawa As President and CEO Of Honda Cars India
July 30, 2026
Yanagisawa, an Operating Executive at Honda, currently serves as head of the India Strategic Development Office and Chief Executive Officer of Honda Digital Innovation India (HDII). In his new role, he will manage operations across both HCIL and HDII.
MT Bureau
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Jawa Yezdi Motorcycles Intros 2026 Model Range, Expands Kerala Network
July 30, 2026
The company initiated the national market rollout from Kerala, coinciding with the Onam festival period, alongside the establishment of 20 customer touchpoints across the state.
MT Bureau
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Switch Mobility Secures Order For 650 E-Buses From Sai Green Projects
July 30, 2026
Under the supply agreement, Switch Mobility will deliver 9-metre electric buses procured through the CESL PM E-Drive Phase II tender framework. Sai Green Projects won the operational rights to run the fleet, which comprises air-conditioned and non-air-con
MT Bureau
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Automechanika Frankfurt To Launch HighTech4Mobility Platform For Software-Defined Vehicles
July 30, 2026
The format will address the impact of software-defined vehicles, connected platforms, and artificial intelligence on vehicle maintenance, parts distribution and aftersales business models.
MT Bureau
