AUTO Ola Electric Eyes Defence, Aerospace Demand To Scale Up Cell Business

Ola Electric is expanding the addressable market for its in-house battery cells beyond electric vehicles and conventional energy storage, with the company entering into MoUs covering defence and UAV applications, near-space constellation platforms and utility-scale energy storage. The company said in its Q1FY27 shareholders’ letter that these new demand pools could create an additional growth […]

CW Bureau · Aug 8, 2026

AUTO Ola Electric Narrows Q1 Net Loss To ₹336 Cr Despite 45% Revenue Drop

Ola Electric Mobility Ltd reported a narrower consolidated net loss of ₹336 crore for the first quarter ended June 30, 2026 (Q1 FY27), compared with ₹428 crore in the corresponding quarter last year, even as revenue declined sharply amid a business reset undertaken during FY26. The electric two-wheeler maker’s revenue from operations fell 45% to […]

CW Bureau · Aug 7, 2026

AUTO Hero MotoCorp Q1 PAT Rises 29% To ₹1,454 Cr; Revenue At ₹12,999 Cr

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, reported a strong performance for the first quarter of FY27, with standalone profit after tax (PAT) rising 29% year-on-year to ₹1,454 crore, driven by robust demand across premium motorcycles, scooters, electric vehicles, commuter models and international markets. The company posted revenue from operations of ₹12,999 […]

CW Bureau · Aug 7, 2026

AUTO One In Three Bajaj Vehicles Is Electric, Says Rajiv Bajaj On The EV Revolution

Electric vehicles now account for 30% of Bajaj Auto’s domestic sales, with one in every three Bajaj vehicles sold in India being electric, Managing Director Rajiv Bajaj said, underlining the company’s rapid transformation into one of India’s leading electric mobility players. Addressing the fifth annual convocation of Mahindra University, Bajaj said speed, innovation and decisive […]

CW Bureau · Aug 6, 2026

AUTO India’s Auto Industry Set For Rapid Growth, Targets Global Leadership

India’s automobile industry is entering a new phase of accelerated growth, driven by strong domestic demand, supportive government policies, rising exports and rapid technological transformation, according to a new report by Rubix Data Sciences. The report, titled “Passenger Vehicles and Commercial Vehicles Industry Insights,” says India has emerged as the world’s third-largest automobile market in […]

CW Bureau · Aug 6, 2026

AUTO Tenneco Clean Air India Q1 PAT Slips 1.7% Despite 20% Revenue Growth

Tenneco Clean Air India Ltd reported a largely stable earnings performance for the first quarter of FY27, with profit after tax (PAT) slipping 1.7% year-on-year to ₹165 crore, even as revenue posted a robust double-digit growth on the back of strong demand and new business wins. The Tier-1 automotive component manufacturer reported revenue from operations […]

CW Bureau · Aug 6, 2026

AUTO Ola Electric Shifts To Dealer-Led Sales Model, Plans Pan-India EV Expansion

Ola Electric is opening its sales and service network to dealer partners across India, marking a significant shift in its go-to-market strategy five years after launching its first electric scooters. The move signals a transition from a predominantly company-owned retail model to a dealer-led distribution strategy as India’s electric vehicle (EV) market enters a more […]

CW Bureau · Aug 6, 2026

AUTO Lamborghini Drives Deeper Into India With Ladakh Luxury Adventure Trip

Automobili Lamborghini has successfully concluded the inaugural edition of Esperienza Terra India, a six-day expedition across the rugged landscapes of Ladakh, marking the Italian luxury carmaker’s highest-altitude driving experience ever conducted anywhere in the world. The exclusive programme brought together 18 customers and prospective customers from across India, offering them an opportunity to experience the […]

CW Bureau · Aug 5, 2026

AUTO Organised Used-Car Market To Cross 7 Mn Units As Profitability Improves

India’s organised used-car market is expected to maintain its growth momentum this fiscal, with sales projected to cross 7 million units, driven by robust demand from first-time buyers, improving digital adoption and better financing access, according to a Crisil Ratings report. The report estimates used-car volumes will grow 7-9% during the current fiscal, while the […]

CW Bureau · Aug 5, 2026

AUTO Tata Motors Opens Vehicle Scrapping Plant In Patna With 15,000 Capacity

Tata Motors has strengthened its vehicle recycling infrastructure with the inauguration of a new Registered Vehicle Scrapping Facility (RVSF) in Patna, Bihar, capable of dismantling up to 15,000 end-of-life vehicles annually. The new Re.Wi.Re (Recycle With Respect) facility, spread across 5.5 acres and operated by the Kalahanu Bothra Group, is designed to scientifically dismantle vehicles […]

CW Bureau · Aug 5, 2026

AUTO Nissan Tekton Enters India Book Of Records With 60-SUV Leh Convoy

Nissan Motor India Pvt. Ltd. (NMIPL) has entered the India Book of Records after a convoy of 60 Tekton premium SUVs successfully completed a Himalayan expedition to Leh, marking the largest convoy of a single-model four-wheeler to reach Leh. The feat coincides with Nissan’s celebration of 75 years of SUV excellence and showcases the capability […]

CW Bureau · Aug 4, 2026

AUTO Uno Minda Q1 Net Profit Rises 1.7%, Revenue Jumps 23.8% To ₹5,557 Cr

Auto components major Uno Minda Ltd reported a 1.7% year-on-year (YoY) rise in consolidated net profit to ₹296 crore for the first quarter of FY27, while revenue surged 23.8% to a record ₹5,557 crore, driven by broad-based growth across its core product portfolio and new-age mobility businesses. The company had posted a consolidated net profit […]

CW Bureau · Aug 4, 2026