- State Bank of India
- SBI
- Uber
- Vehicle Finance
- Ride-Hailing Industry
SBI Collaborates With Uber To Offer Affordable Finance To Fleet Partners
- by MT Bureau
- November 22, 2024

State Bank of India (SBI) has entered into a strategic partnership with Uber to offer low-cost, tailored financing solutions as well as hassle-free loan disbursement to Uber’s fleet partners.
Both new and current Uber fleet partners will benefit from the partnership, which will enable them to easily grow their businesses and support the continued expansion of the ride-hailing sector in India. Easy loan disbursement will be made possible by the integration, assisting fleets in maintaining peak performance. The partnership guarantees that fleet partners can effectively manage their money and grow their businesses more quickly by utilising SBI's vast financial services network and Uber's technologies.
Vinay M Tonse, MD (Retail Business & Operations), SBI, said, “At SBI, we are committed to offering innovative financial products that support businesses across India. Our partnership with Uber highlights our focus on providing tailored solutions to a diverse set of customers. By offering affordable financing solutions to Uber fleet partners, we are helping to fuel the growth of the ridesharing sector while also ensuring that fleet owners have access to the capital they need to succeed.”
Prabhjeet Singh, President, Uber India & South Asia, said, “This partnership reinforces Uber’s commitment to its fleet partners and aligns with our vision of fostering growth in India’s ride sharing ecosystem. By providing affordable loans through SBI’s customised offerings, we aim to create an enabling environment that provides fleet partners with the tools they need to scale effectively and contribute to the overall development of the industry.”
- Skoda Auto
- Skoda Elroq vRS
- electric vehicle
- Milan Design Week 2025
- Johannes Neft
Skoda Launches Elroq vRS, Its Fastest Electric SUV
- by MT Bureau
- April 04, 2025

Skoda Auto has unveiled the Elroq vRS, the sportiest variant of its new all-electric compact SUV. The model debuts six months after the Elroq’s world premiere and will make its first public appearance at Milan Design Week 2025 from 8 April to 13 April 2025.
The Elroq vRS features two electric motors delivering 340 PS (250 kW) and all-wheel drive. It accelerates from 0–62 mph in 5.4 seconds, making it the fastest car in Skoda’s lineup. The 84 kWh battery provides a WLTP range of over 340 miles and supports DC fast charging at up to 185 kW, enabling a 10–80 percent charge in 26 minutes.
Johannes Neft, Skoda Auto Board Member for Technical Development, said, “The Elroq vRS combines 340 PS output with a 550 km range. Its DCC adaptive chassis balances sportiness and comfort, while the Modern Solid design language introduces a new aesthetic for vRS models.”
The exterior includes black accents, 21-inch alloy wheels and an illuminated Tech-Deck Face. Standard features include LED Matrix headlights, a sports chassis and progressive steering. Inside, the cabin features Suedia microfibre upholstery, a heated sports steering wheel and a 13-inch infotainment display with vRS-specific graphics.
The Elroq vRS also debuts Skoda’s latest Travel Assist system, integrating adaptive cruise control and swarm data. Remote Park Assist allows smartphone-controlled parking, while Powerpass provides access to over 800,000 European charging points.
Production begins in late 2025, with pricing to be announced closer to launch.
- Hyundai Motor Company
- Seoul Mobility Show 2025
- Hyundai Ioniq 6
- Hyundai Ioniq 6 N-Line
- Simon Loasby
- Hyundai Nexo
Hyundai Motor Company Showcases IONIQ6 And Nexon FCEV At Seoul Mobility Show 2025
- by MT Bureau
- April 03, 2025

Hyundai Motor Company, one of the leading passenger vehicle manufacturers globally, has redesigned the IONIQ 6 and the all-new NEXO fuel cell electric vehicle (FCEV) at the Seoul Mobility Show 2025.
Building upon the success of the original IONIQ 6 launched in 2022, the refreshed model features a more refined aesthetic and improved proportions, embodying the design philosophy of ‘Pure Flow, Refined.’
Senior Vice-President Simon Loasby noted that the lineup each expresses a distinct character while adhering to a cohesive vision. Key exterior updates include an elevated hood, sharper curves, and the removal of the prominent rear spoiler in favour of a more integrated ducktail design to enhance aerodynamics. The vehicle now sports updated front and rear lighting with slim DRLs and modern chrome accents, while the economic body flow reflects its streamlined nature.
On the Inside, the IONIQ 6 offers the ‘Mindful Cocoon’ experience, prioritising user comfort with new steering wheels, premium materials and enhanced functionality, including an enlarged climate control display.
In tandem, Hyundai presented the IONIQ 6 N Line variant, which inherits aggressive design elements from the RN22e Rolling Lab. The N Line features bold, wing-shaped bumpers and extensive use of black accents for a sportier profile. The announcement teased the upcoming release of the IONIQ 6 N, a high-performance variant set to debut in July 2025.
NEXO
The all-new NEXO represents Hyundai's commitment to redefining hydrogen electric vehicles. With an anticipated range exceeding 700 km from a five-minute refuelling, the second-generation NEXO is said to underscore Hyundai's expertise in fuel cell technology cultivated over 27 years. This new model embraces the 'Art of Steel' design language, reflecting strength and form through bold lines and a sturdy architecture, while ‘HTWO’ lamps solidify its identity as an FCEV.
Aerodynamically optimised and sporting a spacious interior, the NEXO offers advanced comfort with features like Premium Relaxation Seats, a roomy cabin with improved cargo capacity of up to 993 litres, and sustainable materials throughout. The vehicle's design marries modern aesthetics with practical usability, such as smart storage solutions and digital displays.
Performance-wise, the NEXO's powertrain advancements boost the power output to 190 kW from a previous 135 kW, facilitating a quicker 0-100 kmph time of 7.8 seconds. The FCEV's fuel efficiency has also improved thanks to an increase in hydrogen tank capacity to 6.69 kg, coupled with innovative aerodynamic enhancements for better efficiency.
Hyundai has integrated host of tech like intuitive navigation enhancements and advanced driver assistance systems (ADAS), ensuring high safety standards. NEXO aims for top-tier safety ratings, featuring multiple airbags and an ultra-rigid structure to protect occupants and the hydrogen tank.
Scheduled for global release later this year, the new NEXO signifies Hyundai's leadership in hydrogen as they continue to innovate and strengthen their offerings within the clean mobility spectrum.
- Maruti Suzuki India
- WagonR
- Partho Banerjee
Maruti WagonR Continues To Be India’s Best Selling Car For 4th Year In A Row
- by MT Bureau
- April 02, 2025

Maruti Suzuki India, the country’s largest carmaker, has attained another milestone with its WagonR hatchback continuing to be the best-selling passenger vehicle for the fourth year in a row.
With 198,451 units sold in FY2025, the WagonR alone consisted 11 percent of the total passenger vehicle sales for Maruti Suzuki India. Till date, the WagonR has gone home to over 3.37 million customers.
Partho Banerjee, Senior Executive Officer, Marketing and Sales, Maruti Suzuki India, said, “WagonR’s sustained leadership in the Indian automotive market underscores strong customer trust and an unmatched value proposition over 25 years. Our focus on innovation and customer-centricity has ensured that the WagonR remains a top choice for Indian families. In fact, 1 in every 4 WagonR customers returns to repurchase India’s highest-selling car, a reflection of its widespread appeal and the confidence our customers place in the brand.”
“Hatchbacks are an integral pillar of India's automobile industry. The WagonR's consistent leadership, securing its position as the highest-selling vehicle for four consecutive years, underscores the significance of this segment in driving long-term industry growth. Looking ahead, this segment will continue to be a cornerstone in spreading the joy of mobility to every Indian household," he added.
The WagonR is available with K-Series Dual Jet, Dual VVT engine in 1.2-litre and 1.0-litre engine options in both manual and Auto Gear Shift (AGS) transmissions.
With a wide range of powertrain and variant options, the WagonR continues to offer a unique appeal in its segment, giving customers greater choice to suit their requirements perfectly. With cumulative sales exceeding 33,73,884 units, WagonR has been the go-to choice for those seeking the joy of mobility.
Maruti Suzuki India Achieves Record-Breaking Sales In FY 2024-25
- Hyundai Motor India
- Wire to Wireless Adapter
- Hyundai Alcazar
- Apple CarPlay
- Android Auto
- Tarun Garg
Hyundai Motor India Introduces Wireless Adapter For Hyundai Alcazar To Support Apple CarPlay And Android Auto
- by MT Bureau
- April 02, 2025

Hyundai Motor India (HMIL), a leading passenger vehicle manufacturer, has introduced a new ‘Wired to Wireless Adapter’ for the Hyundai Alcazar SUV.
The adapter will enable seamless wireless Apple CarPlay and Android Auto access for Alcazar (Prestige, Platinum and Signature variant) customers, which will allow them to effortlessly use their phone applications on the infotainment system without using a cable.
Tarun Garg, Whole-Time Director and Chief Operating Officer, Hyundai Motor India, said, "At Hyundai Motor India, our focus is to empower customers by providing best-in-class technology that elevates their driving experience. The introduction of our ‘Wired to Wireless Adapter’ is a significant step in meeting the expectations of today’s tech-savvy customers, who expect seamless connectivity throughout their journeys. We believe this innovation will enhance the in-car entertainment experience of our customers."
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