South Korean automaker Hyundai Motor will invest $5 billion to expand its manufacturing and research operations in India. This will help to increase Hyundai India's annual production by about a third to 1.1 million vehicles by 2030, and launch 26 cars, including its first hybrid model. Earlier, Tarun Garg was appointed as Hyundai India's first Indian MD and CEO.

India's auto industry showed early signs of recovery in Q2 FY2025-26, SIAM reported. Passenger vehicle sales dipped 1.5%, but September saw a 4.4% rise, aided by festive demand and GST cuts. Two-wheelers and commercial vehicles grew 7.4% and 8.3%, respectively, while exports hit record highs. Navratri retail sales rose 15-35%, signaling strong festive momentum.

China has filed a complaint at the World Trade Organization (WTO) against India's EV and battery subsidies. The measures give India's domestic industries an unfair competitive advantage and harm China's interests, China's Ministry of Commerce said. The ministry added that China will take "firm measures" to safeguard the legitimate rights of its industries.

India's domestic two-wheeler market is slowing, with ICE bikes expected to stagnate at 3% CAGR over FY26-35. In contrast, electric two-wheelers (E-2Ws) are poised for exponential growth, projected to rise 13-15x in the next decade. Falling battery costs, FAME-II incentives, and expanding EV adoption are driving this shift, signalling a major transformation in India's 2W industry.

Bengaluru-based startup Airbound, backed by senior leaders from Tesla and SpaceX, has raised $8.65 million in seed funding to advance autonomous drone deliveries. Partnering with Narayana Health, it will pilot medical deliveries, demonstrating fast, reliable, and cost-efficient logistics, positioning India at the forefront of drone delivery innovation.

EVs which have 5-star Bharat NCAP rating in India are Mahindra XEV 9e, Mahindra BE 6, Tata Harrier EV, Tata Punch EV and Tata Nexon EV. Mahindra XEV 9e has a starting ex-showroom price of ₹21.90 lakh, while Mahindra BE 6 and Tata Harrier EV have starting ex-showroom prices of ₹18.90 lakh and ₹21.49 lakh, respectively.

A 31-year-old man was burnt to death after his Xiaomi electric sedan SU7 crashed with another car in China's Chengdu. The man failed to escape as the car's doors were jammed, with videos showing bystanders failing to rescue him while trying to break the car's window. Following the crash, Xiaomi's shares fell 8.7%, marking their steepest drop since April.

Shares of Tata Motors tumbled 40% in a few hours on Tuesday as they began trading after the company's demerger. Tata Motors has demerged its passenger vehicle and commercial vehicle businesses. Following the spin off, investors got one share of the new commercial vehicle entity for every one share of Tata Motors held as of the record date.

Ferrari will launch its first electric supercar, which will feature 60 patented technologies, in 2026 as it revealed the production-ready chassis and components of its Elettrica. The supercar's architecture features short overhangs and a low-slung driving position close to the front axle. Elettrica can go from 0-100kmph in 2.5 seconds, with the supercar delivering 1,000 bhp and 310kmph top speed.

US auto giant Ford is reconsidering plans to restart operations in its Maraimalai Nagar plant in Tamil Nadu, ET reported. This comes as US President Donald Trump imposed tariffs on India, which have made exports to America more expensive, complicating investment plans for many US-based companies. The plant has remained non-operational since 2022 after Ford halted vehicle production in India.