As the pioneer of electric mobility in India, the company displayed one of the widest ranges of EVs and related technology solutions, to demonstrate its commitment to be driven by purpose for a cleaner, greener tomorrow.

The company turned the spotlight on its range of EVs and solutions: Funster, ATOM and e-XUV300, e-KUV100, and e-Alfa Mini (Cart Version).

Funster: ‘Play-for-fun’ is the core experience that personifies Funster, which has been conceived as a sports electric vehicle. It enables seamless acceleration, available at the press of the throttle. With its dual electric motors and full-time AWD system, the vehicle offers a class-leading output of 230 kW with a top speed of 200 kmph, clocking 0 to 100 kmph in 5 seconds. Funster is equipped with a high-end 59.1 kWh battery pack, enabling an impressive range of 520 km on a single charge. The techy front end, floating tail lamps, sports-shoe inspired wheel arches and advanced interiors express an active sporty lifestyle as the new norm.

ATOM: Designed to appeal to the emerging new India and transform the face of last mile connectivity, ATOM is a combination of clean, comfortable and smart mobility. Powered by Mahindra’s latest electric drive system, the vehicle has a spacious interior and a monocoque body that offers a safe enclosure for occupants. It also comes equipped with a state of the art 4G connectivity system and aims to revolutionize the way Indians travel.

e-XUV300: An aspirational electric SUV developed as a perfect mobility solution for the environment-conscious customers and the ideal vehicle for those who desire thrilling performance. The vehicle is powered by a powerful motor that gives instant acceleration and at the same time the refinement and quiet drive of an EV. The large battery capacity ensures long range avoiding range anxiety. It has a futuristic design with new features, smart and premium interiors with blue highlights to accentuate the new character of this SUV. Most importantly, the vehicle has been built on a platform that has 5-star safety rating from GNCAP.

e-KUV100: This EV provides the benefits of driving an SUV combined with the unique advantages of an electric vehicle. The vehicle is ideally suited for daily city commutes to schools, offices, malls, etc. It offers peak power output of 40kW, torque of 120 Nm and a range of 147 kms, ensuring that daily commuting is easily covered. Fast charging can extend the range by 80 percent within 60 minutes. Its silent drive, coupled with an automatic transmission, offers a relaxing, fatigue free driving experience in chaotic city traffic. In addition to smartphone connectivity, onboard computers will allow for remote diagnostics, cabin pre-cooling, remote door lock/unlock, location tracking, monitoring of driving pattern and giving updates on the battery status.

The company showcased 2 variants of the Treo - the Lithium-ion battery electric 3-wheeler. The new Treo 3-wheeler features more than 20 new and improved EV components made in-house by Mahindra Electric. It also features an additional range extender that will increase the range by 60-70 km, along with a concept solar roof that can increase the range by another 26 km.

From the modular electric 3-wheeler platform comes another heavy-duty small electric commercial vehicle named Mahindra Treo Zor. This new model will feature best-in-class performance that will be ideal for a range of applications, from vegetable vendors, to e-commerce players. With a best-in-segment storage area, the cargo box of the Treo Zor can be accessed from all three-sides, enhancing its usability and convenience.

e-Alfa Mini (Cart Version): This battery-operated 3-wheeler represents an ideal solution for last-mile delivery. Built on e-Alfa Mini passenger vehicle platform, it boasts of a real-world range of 75-80 km with full load and an optional swappable battery pack. e-Alfa Cargo is just the beginning of the EV offerings for commercial applications from Mahindra.

Mahindra Electric unveiled its design-ready Mahindra Electric Scalable and Modular Architecture 350 (MESMA 350) which is a 350 volt powertrain that has been built from the ground up by the company. MESMA 350 supports motor sizes ranging from 60 kW to 280 kW, dual motor concepts and battery sizes up to 80 kWh. With this new platform, it is gearing up for the greater adoption of EVs that will help bring economies of scale, reduce cost and enable smaller variants/ models to be made in India.

Engines

In the BS-VI range the company displayed mStallion, its range of advanced BSVI-ready turbo gasoline direct injection, TGDi engines. Developed at the state-of-the-art Mahindra Research Valley, the mStallion range of gasoline engines have been designed, engineered, developed and tested to deliver thrilling performance across varied driving and traffic conditions. The mStallion range of engine is future- ready with state-of-the-art technology, which in current form is BSVI stage 1 and stage 2 compliant. This in turn is equivalent to Euro 6 C norms and is fully protected to meet Euro 6 D norms.

The mStallion engines have been built indigenously with support from such experts as Bosch, AVL, and Continental among others. The engines are powered by the TGDi technology and boast of best-in-class performance with the highest torque density. They deliver better fuel efficiency along with significant improvements in Noise-Vibration-Harshness parameters. Besides, they deliver excellent low-end torque and provide power-packed performance.

The company also showcased its new division CERO (Mahindra MSTC Recycling Pvt. Ltd.), India's first organised vehicle recycler. CERO stands for a world of zero waste and zero pollution through automobile recycling and reuse.

Dr Pawan Goenka, Managing Director, Mahindra & Mahindra Ltd, said, “As Mahindra enters its 75^th year, our theme of Driven by Purpose will be the pillar on which we develop sustainable mobility solutions for the future. Our focus will not only be on growing our clean business unit through our electric mobility business but also to provide cleaner engines as we approach the implementation of BS-VI norms.”

Rajan Wadhera, President, Automotive Sector, Mahindra & Mahindra Ltd, said, “What gives us a sense of pride today is the display of our new M Stallion BSVI range of gasoline engines, which are truly world class with the highest level of technology. It is fitting that we choose to display these engines at an important industry event like the Auto Expo. I am particularly proud of our new range of BSVI trucks which have had minimal changes and offer a hassle free ownership experience. The launch of our CRUZIO range of buses is another significant step toward making us a full range player in the CV segment.”

Mahesh Babu, CEO, Mahindra Electric, said, “The products displayed at the 2020 Auto Expo clearly demonstrated Mahindra’s commitment to develop and manufacture EV technology in India. They also showcased our strength across a range of EV platforms in both the mass and personal mobility segments. The design-ready MESMA 350 volt powertrain will be made in India for the world.” (MT)

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Cars24 has unveiled a refreshed brand identity, moving from its original transactional focus towards a car ownership ecosystem.

Founded in 2015, the company originally utilised an all-caps logo – CARS24 – to establish a presence in a fragmented market. The updated identity shifts the name to sentence case, Cars24, which the company states reflects maturity and a focus on trust.

The core of the redesign features an open circular logo. According to the company, this form represents the continuity of car ownership, where vehicles change hands and user needs evolve. The open shape is intended to signal flexibility rather than closure.

The brand has also replaced its traditional blue with a brighter shade. This ‘younger blue’ is intended to make the brand appear more attentive and human as it scales its operations.

The identity update was the result of over 1,200 hours of design and iteration. The goal of the project was to create a look that remains relevant as the company expands its services beyond buying and selling into broader ownership systems.

Vikram Chopra, Founder & CEO, Cars24, said, “When we started, being loud helped. But as the company and the team grew up, the work started speaking for itself. This change is about reflecting who we are today, calmer, more human and focused on earning trust over time.”

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Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has reported the dispatch of over 585,000 vehicles using the railway network in CY2025, which marked an 18 percent growth compared to CY2024.

Over the last decade, the company's use of rail for outbound logistics has risen from 5.1 percent in 2016 to approximately 26 percent in 2025. The shift aims to reduce carbon emissions, oil imports and road congestion.

In 2025, Maruti Suzuki India inaugurated an in-plant railway siding at its Manesar facility. The company also became the first manufacturer to dispatch vehicles to the Kashmir valley using the railway bridge over the Chenab river.

Combined dispatches from in-plant sidings at Gujarat and Manesar accounted for 53 percent of the company's total rail volumes during the year. The manufacturer currently employs 45 flexi-deck rakes, with each train capable of transporting approximately 260 vehicles.

The company was the first automaker to receive an Automobile-Freight-Train-Operator (AFTO) license in 2013. Since FY2014-15, it has transported more than 2.8 million vehicles to 600 cities using a hub-and-spoke model.

Hisashi Takeuchi, MD & CEO, Maruti Suzuki India, said, “The year 2025 marks our highest-ever rail dispatch, with over 585,000 units. During the year, we strengthened our green logistic efforts through two landmark events – the inauguration of India’s largest automobile in-plant railway siding at our Manesar facility and second was we dispatched vehicles by rail to Kashmir valley through the world's highest railway arch bridge over Chenab river, a first by any automobile manufacturer. Our mid-term goal is to increase rail-based vehicle dispatches to 35 percent by FY 2030-31, contributing to India’s net-zero ambition by 2070. Maruti Suzuki India has adopted a comprehensive ‘Circular Mobility’ approach to sustainability, aiming to reduce its carbon footprint across the entire vehicle lifecycle – from design and production to logistics and end-of-life vehicle (ELV) management.”

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Japanese automotive major Toyota Motor Corporation (TMC) has announced a restructuring of its executive leadership and Board of Directors. The changes to the executive structure will take effect on 1 April 2026, while board appointments remain subject to the 122nd Ordinary General Shareholders' Meeting.

Koji Sato, currently President and Member of the Board of Directors, will transition to Vice Chairman and the newly created role of Chief Industry Officer (CIO). Kenta Kon, currently Operating Officer, has been appointed as the incoming President and Chief Executive Officer.

Under this structure, Sato will oversee industry collaboration and external relations. Kon will lead internal management, focusing on company-wide reforms and value chain integration.

The board cited the need for decision-making in a changing environment as the primary driver for the move. Sato’s role as CIO reflects his responsibilities as Chairman of the Japan Automobile Manufacturers Association (JAMA) and Vice Chair of Keidanren (Japan Business Federation). These positions require him to lead policy proposals and industry-wide coordination to maintain international competitiveness.

The appointment of Kenta Kon as CEO follows his tenure as Chief Financial Officer, where he managed efforts to lower break-even volumes and improve the company's earnings structure. His experience at Woven by Toyota is expected to support the company’s transition into a mobility-focused organisation.

The board determined that Sato’s external commitments as a coordinator for the Japanese automotive industry required a structure that separates industry-level leadership from day-to-day corporate operations. The proposal for the new personnel structure was approved during a board meeting on 6 February.

The transition aims to improve Toyota’s earning power and strengthen partnerships within and beyond the automotive sector.

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Force Motors Limited reported its strongest third-quarter performance to date, with double-digit revenue growth and sharply higher profit margins for the three months ended December 31 2025, extending its record run in the 2025–26 financial year.

The Pune-based vehicle maker recorded standalone revenue of  INR 21.55 billion in the quarter, up 13 percent year on year. Earnings before interest, tax, depreciation and amortisation rose 63 percent to INR 4.01 billion, while profit before tax, excluding exceptional items, increased 91 percent to INR 3.28 billion.

Including exceptional items, profit before tax rose to INR 5.39 billion, more than three times the level a year earlier, while profit after tax climbed 266 percent to INR 4.03 billion. The company reported no debt at the end of the quarter.

For the first nine months of the financial year, revenue rose 14 percent to INR 65.83 billion. EBITDA increased 43 percent to INR 11.45 billion, while profit before tax after exceptional items nearly doubled to INR 11.42 billion. Profit after tax for the period rose 153 percent to INR 9.38 billion.

Domestic volumes grew 25 percent during the nine-month period, supported by demand across the Urbania, Traveller, Gurkha (defence variants), Monobus and Trax platforms. Export volumes increased 30 per cent year on year, led by growth in light commercial vehicles, special vehicles and utility vehicles.

The Traveller platform-maintained segment leadership, with market share consistently above 70 percent, the company said.

Prasan Firodia, managing director of Force Motors Limited, said, “The performance in the third quarter reflects steady demand across our core product segments and improved operating leverage as volumes have scaled through the year. Growth has been broad-based, supported by continued traction in shared mobility, defence-related applications, and export markets.”

He added that demand visibility remained healthy in intra-city and inter-city passenger mobility, with institutional and fleet customers continuing to prioritise purpose-built platforms.

“Given the momentum we have gained and with Q4 underway, we are confident of closing the year on a strong note and delivering our best financial performance to date,” Firodia said.

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