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UK Launches Pilot Scheme For Autonomous Taxi And Bus Services
May 24, 2026
This regulatory framework follows a formal government call for evidence that concluded in March. Data shows that human error currently contributes to 88 percent of collisions on UK roads, and the implementation of automated systems aims to improve overall
MT Bureau
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Hesai Secures Million-Unit LiDAR Order From European Automaker Joint Venture
May 24, 2026
The agreement follows Hesai's recently announced Level 3 autonomous driving program partnership with Mercedes-Benz, highlighting the company's full-stack in-house application-specific integrated circuit (ASIC) development and volume manufacturing capabili
MT Bureau
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Dhoot Transmission Files Updated DRHP For INR 14 Billion IPO
May 23, 2026
The company aims to utilise INR 4.93 billion for the repayment or prepayment of borrowings, and INR 2.72 billion for debt clearance within its subsidiaries, which include Dhoot Auto Components, Dhoot Electricals Systems, Dhoot Automotive Systems and Dhoot
MT Bureau
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Honda Cars India Intros Honda City Sedan At INR 1.19 Million, Debuts ZR-V Hybrid SUV As CBU
May 23, 2026
The introduction of the ZR-V e:HEV expands Honda's hybrid vehicle options in India as a completely built unit (CBU), as the company's flagship SUV in the country.
MT Bureau
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Eicher Motors Reports INR 55.15 Billion Net Profit For FY2026
May 22, 2026
During Q4 FY2026, Royal Enfield sold 313,811 motorcycles, up 12 percent YoY, while VE Commercial Vehicles (VECV) reported sales of 33,976 units, as against 28,675 units a year ago. The company reported INR 60.8 billion revenue, up 16 percent YoY, EBITDA
MT Bureau
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Minda Corp Reports INR 3.58 Billion Net Profit In FY2026
May 22, 2026
The company attributed the robust growth to a strong product portfolio, an expanding customer base and a focus on product premiumisation.
MT Bureau
