Hyundai Motor Company and Skoda Group have signed a Memorandum of Understanding (MoU) to commence collaboration on establishing a hydrogen mobility ecosystem.

The signing ceremony took place at the Korea-Czech Republic Business Summit in Prague, was attended by Ken Ramirez, Executive Vice-President and Head of Global Commercial Vehicle and Hydrogen Business at Hyundai Motor Company, and Petr Novotny, CEO of Skoda Group.

The partnership covers study on adoption of hydrogen fuel cell systems and technologies, study on adoption of energy efficient solutions for mobility projects and products and exploring hydrogen ecosystem and value chain opportunities beyond mobility.

Ken Ramirez said, “Our partnership with Skoda Group aims to accelerate hydrogen adoption, which would contribute to the advancement of hydrogen technology and carbon neutrality across global markets, including the Czech Republic. Together with Skoda Group, we strive to lead the rapidly growing hydrogen businesses by creating positive synergies between our fuel cell technology and Skoda Group’s mobility products and projects.”

Petr Novotny added, “We believe that hydrogen, alongside energy-efficient solutions, will play an essential role in transforming mobility for a more sustainable future. Our collaboration with Hyundai Motor Company aims at enabling us to look beyond national borders and explore wider markets where these technologies can have a larger impact. By working together, we can bring innovative, eco-friendly solutions to the global mobility ecosystem, advancing cleaner energy in the areas where it's needed most.” 

Both parties share the view that hydrogen will be a key pillar for a sustainable society, starting with mobility. As part of the understanding, the partners will explore the possibility that Hyundai would share its fuel cell system and technology, contributing to the acceleration of eco-friendly mobility across global markets where Skoda Group operates, including the Czech Republic.

Hyundai Motor Company and Skoda Group will also conduct feasibility studies for fuel cell system applications for diverse utilisation beyond mobility. Leveraging its global expertise and insights in operating various hydrogen applications in both mobility and energy sectors, Hyundai is poised to play a pivotal role in aiding the energy transition.

In addition, Hyundai Motor Group is committed to building a hydrogen society under its hydrogen value chain business brand HTWO, which encompasses the Group’s businesses and affiliates, enabling each stage of the entire hydrogen value chain.

Established in 2008, Hyundai Motor Manufacturing Czech (HMMC) in Nosovice has an annual manufacturing capacity of 3,50,000 vehicles. Considered one of the most modern car manufacturers in Europe, the manufacturing plant was also the largest foreign investment in the Czech Republic.

Tata Motors, a leading manufacturer of Internal Combustion Engine (ICE) passenger vehicles and electric vehicles, has introduced its new range of products for the Sri Lankan market with its authroised distributor DIMO.

The automaker has now introduced the Tata Punch, Tata Nexon and the Tata Curvv SUVs along with the Tiago.ev in the neighbouring country.

Yash Khandelwal, Head International Business, Tata Passenger Electric Mobility, said, “We are excited to be here in Sri Lanka, marking a new chapter in our international business strategy. Tata Motors has undergone significant transformation over the years, and there is no better way to mark our return than with a new, game-changing product portfolio. Our offerings are designed to not only captivate the Sri Lankan market but to set new standards – combining bold design, cutting-edge features, top-tier safety, and unmatched after-sales support. Alongside our renowned SUVs, we are particularly eager to introduce the Tiago.ev – an electric hatchback that has already made waves in India, Nepal and Bhutan by making electric mobility both accessible and aspirational. Together with our long-time trusted partner, DIMO, we are confident in our ability to elevate Sri Lanka's mobility landscape to new heights and deliver an extraordinary driving experience for all.”

Rajeev Pandithage, Executive Director, DIMO, added, "We are thrilled to continue our partnership with Tata Motors as they become the first passenger vehicle brand to enter Sri Lanka post market reopening. The brand-new ICE and electric vehicle range sets new standards in the automobile sector, embodying innovation, safety, and sustainability at a very affordable price point. Backed by DIMO’s unmatched after-sales expertise, we ensure an exceptional ownership experience with superior service and support, reaffirming our commitment to delivering excellence to Sri Lankan customers. We are here with Tata Motors for the long run, assuring our customers that we will always be there for them."

Furthermore, DIMO stated it has made significant investments in software updates, special tools and equipment’s to provide robust aftersales service.

Kush Maini has joined the BWT Alpine Formula 1 Team as their latest reserve driver for the 2025 season. This makes him the only Alpine F1 reserve driver actively competing in the Formula 2 Championship, where he will be racing for Dams Lucas Oil. 
The development marks the end of a 13-year hiatus for an Indian talent to be part of an F1 team, making him an inspiration for upcoming motorsport enthusiasts in the country.  His role as Formula 1 Reserve and Test driver for the BWT Alpine F1 Team makes him an important asset for the upcoming campaign. To contribute to the team and further his own development and performance, Kush will continue testing the F1 car to gain valuable experience and provide feedback.  
Maini successfully completed four tests with the BWT Alpine F1 Team last season, impressing stakeholders with his performance at each outing. A strong performance this year could make him a potential contender for a full-time seat in 2026. The young Indian driver had an exceptional Formula 2 season last year where he secured five podium positions, with a standout victory in Hungary, playing a pivotal role in Invicta Racing’s Teams’ Championship victory for the 2024 F2 season. He also made history in Jeddah by becoming the first Indian driver to claim a pole position in Formula 2.  
  
 

                                                                                                               
BMW Group India has announced the launch of Deutsche Motoren’s Retail.NEXT showroom in Central Delhi. It is located in Safdarjung Enclave and has Yadur Kapur as the Deutsche Motoren principal.  
Deutsche Motoren has a total of six sales and three service facilities in Delhi and Bengaluru.

Stating that the enduring partnership with BMW Group India is a testament to his company’s shared commitment to excellence and innovation, Kapur commented about the new development: “The success we have witnessed in the Delhi and Bengaluru markets underscores this strong collaboration. With the launch of our new Retail.NEXT showroom in Delhi, we are elevating the luxury automotive retail experience, setting new benchmarks in customer service and engagement. This milestone reaffirms our dedication to providing BMW customers in Delhi with an unparalleled journey of luxury and sophistication."

Set to redefine the automotive retail experience in the luxury automotive segment, Retail.NEXT will blend digital innovation with personalised service, offering a dynamic and engaging environment. The layout features open spaces with minimalist design elements, allowing for an intuitive flow through the showroom.

High-tech digital interfaces are integrated throughout the facility, enabling prospects to explore vehicle features, customize their preferences, and receive tailored recommendations. Additionally, the design incorporates exclusive areas for private consultations and vehicle handovers, ensuring that every interaction is as personalised and memorable as possible. 
“The inauguration of the new Deutsche Motoren Retail.NEXT showroom in Delhi marks a pivotal step in our vision for the future of luxury automotive retail in India. As a key market, Delhi embodies innovation and exclusivity, making it the perfect location to introduce our progressive Retail.NEXT concept. By integrating cutting-edge digital engagement with a sophisticated physical space, we are redefining the dealership experience to be more immersive, seamless, and customer-centric. This milestone reflects our commitment to shaping the future of luxury retail, and we appreciate our strong partnership with Deutsche Motoren in driving this transformation forward,” said Vikram Pawah, President and Chief Executive Officer, BMW Group India, said. 

The ultra-modern showroom is spread over 5,835 sq. ft. and showcases six BMW vehicles from the BMW M, BMW i and BMW portfolio. A dedicated vehicle handover lounge is thoughtfully designed to ensure each customer’s car delivery is a truly memorable experience. Latest range of BMW merchandise and accessories are on display at the lifestyle and accessories zone. The customer interaction lounge offers a relaxed ambience to discuss various aspects of owning a BMW vehicle.
The Customer Consultation Stages are located strategically throughout the showroom. The service consultation takes place where the client wants it and what fits the situation. The unique living room atmosphere and the cozy positioning of the seating close to cars creates a relaxed environment for consultation. Personal Service Advisor (PSA) and BMW Geniuses are equipped with innovative digital sales tools to provide comprehensive information on product features and services.

Further, prospects can also leverage BMW BEVScape - a state-of-the-art, interactive digital tool delivers complete clarity on EV ownership and empowering them to make informed decisions with ease.
 

Japanese automaker Nissan Motor Co has announced changes to its senior management, which it shared is a renewed leadership line-up to achieve the company's short- and mid-term objectives while positioning it for long-term growth.

Ivan Espinosa, currently chief planning officer, is set to succeed Makota Uchida as the representative Executive Officer, President and CEO from 1 April 2025.

Furthermore, Guillaume Cartier, chief performance officer and chairperson of the Management Committee for AMIEO, will now also be responsible for global marketing and customer experience.

Eiichi Akashi, currently corporate vice president (CVP) of the Vehicle Planning and Vehicle Component Engineering Division, will succeed Kunio Nakaguro as Chief Technology Officer and executive officer.

Furthermore, Teiji Hirata, currently CVP of Vehicle Production Engineering and Development Division, will take on the role of Chief Monozukuri Officer and Executive Officer, responsible for Manufacturing and Supply Chain Management, succeeding Hideyuki Sakamoto.

Jeremy Papin, Chief Financial Officer, is also appointed executive officer.

Stephen Ma, Chairperson of the Management Committee for China; Mitsuro Antoku, chief quality officer; and Toru Ihara, chief HR officer will continue in their current roles.

Uchida and Sakamoto will retain their position of director until the annual general meeting of shareholders planned for June.

In addition to Nakaguro, Sakamoto and Uchida, Asako Hoshino, Chief Brand & Customer Officer; Hideaki Watanabe, Chief Strategy & Corporate Affairs Officer are also set to step down from their current position on 31 March 2025.