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AutoGuide India Autoguide is the most authentic and balanced chronicler of developments in the automobile industry

https://www.autoguideindia.com/world-news/zf-xcmg-agricultural-machinery-joint-venture/ZF and XCMG Strengthen Strategic ...
03/06/2026

https://www.autoguideindia.com/world-news/zf-xcmg-agricultural-machinery-joint-venture/

ZF and XCMG Strengthen Strategic Partnership with Agricultural Machinery Joint Venture

ZF Friedrichshafen AG and XCMG Construction Machinery have signed a joint venture agreement to establish ZF (Xuzhou) Machinery Co., Ltd. in Jiangsu Province, China.

The venture will focus on the production of advanced powershift driveline systems for agricultural machinery, combining ZF's global engineering expertise with XCMG's leadership in high-end agricultural equipment.

Key objectives include:
• Localized production of advanced powershift technology
• Development of innovative agricultural machinery systems
• Support for the modernization of China's farming equipment sector
• Enhanced competitiveness in global agricultural machinery markets

The partnership reflects the growing demand for intelligent, efficient and high-performance agricultural machinery solutions worldwide.

ZF Friedrichshafen and XCMG have formed a joint venture in China to develop and manufacture advanced powershift driveline systems for agricultural machinery, supporting innovation and modernization in the farming equipment sector.

https://www.autoguideindia.com/reports/delhi-ncr-commercial-vehicle-replacement-scheme-9585-crore/Cabinet Clears ₹9,585 ...
03/06/2026

https://www.autoguideindia.com/reports/delhi-ncr-commercial-vehicle-replacement-scheme-9585-crore/

Cabinet Clears ₹9,585 Crore Scheme to Modernise Delhi-NCR Commercial Vehicle Fleet

In a significant move to tackle air pollution and accelerate clean mobility adoption, the Union Cabinet has approved a ₹9,585 crore scheme to replace BS-IV and older trucks and buses operating in Delhi-NCR.

Key provisions include:
• 5% interest subvention on vehicle loans for five years
• Monthly fuel vouchers of up to ₹4,800
• 8% OEM discount on replacement vehicles
• Tax and registration fee waivers from participating states
• Incentives for both BS-VI and electric vehicle adoption

The scheme is expected to cover more than 1.9 lakh trucks and around 16,000 buses while supporting the transition to cleaner commercial transportation.

The Union Cabinet has approved a ₹9,585 crore scheme to replace BS-IV and older trucks and buses in Delhi-NCR with BS-VI and electric vehicles, aiming to reduce air pollution and modernise the commercial vehicle fleet.

https://www.autoguideindia.com/components/tyres/india-tyre-exports-record-fy26/India's Tyre Exports Scale New Heights in...
03/06/2026

https://www.autoguideindia.com/components/tyres/india-tyre-exports-record-fy26/

India's Tyre Exports Scale New Heights in FY26

India's tyre industry recorded its highest-ever export performance in FY2025-26, with exports rising 9% year-on-year to ₹27,312 crore, according to Ministry of Commerce data.

Key takeaways:
• Record exports of ₹27,312 crore
• Second consecutive year of 9% growth
• US remained the largest export market at ₹4,082 crore
• Germany, Italy, Brazil and France among key destinations
• ₹30,000 crore invested in capacity expansion over the past 4-5 years
• Exports now account for over one-fourth of total industry output

Despite global economic uncertainty, tariff challenges and supply chain disruptions, India's tyre industry continues to strengthen its position in international markets through diversification and enhanced manufacturing capabilities.

India's tyre exports rose 9% to a record ₹27,312 crore in FY26, driven by market diversification, capacity expansion and growing global demand despite supply chain and tariff challenges.

https://www.autoguideindia.com/auto-makers/commercial-vehicles/jbm-auto-electric-bus-market-share-may-2026/JBM Auto Lead...
03/06/2026

https://www.autoguideindia.com/auto-makers/commercial-vehicles/jbm-auto-electric-bus-market-share-may-2026/

JBM Auto Leads India's Electric Bus Market in May 2026

JBM Auto has strengthened its leadership position in India's electric bus segment, securing a 49% market share in May 2026 with 157 electric bus registrations, according to Vahan portal data.

The company's continued growth reflects strong ex*****on, advanced manufacturing capabilities, and increasing adoption of electric public transportation solutions across the country.

Notable achievements include:

• 49% market share in May 2026

• Industry-leading 157 electric bus registrations

• World's largest dedicated integrated electric bus manufacturing facility outside China

• Annual production capacity of 20,000 buses

• Over 400 million e-kilometres completed

• More than 1 billion passengers served

• Over 1 billion kg of CO₂ emissions saved

JBM Auto continues to play a pivotal role in advancing sustainable and zero-emission mobility solutions in India.

JBM Auto led India's electric bus market in May 2026 with a 49% share and 157 registrations. The company continues to strengthen its position in sustainable public transportation and electric mobility.

https://www.autoguideindia.com/e-mobility/nio-es9-flagship-executive-electric-suv-launch/NIO Launches ES9 Flagship Execu...
03/06/2026

https://www.autoguideindia.com/e-mobility/nio-es9-flagship-executive-electric-suv-launch/

NIO Launches ES9 Flagship Executive Electric SUV

NIO has officially unveiled the ES9, a premium executive electric SUV that showcases the company's latest advancements in intelligent mobility, battery technology and luxury vehicle design.

Key highlights include:
• Up to 620 km driving range
• 900V high-voltage platform
• 5C ultra-fast charging
• 3-minute battery swapping
• 5nm automotive-grade smart driving chip
• AI-powered NIO OS
• Advanced NOP+ smart driving system
• Luxury executive cabin with zero-gravity seats

The ES9 represents the culmination of NIO's 11 years of innovation and establishes a new benchmark in the smart electric executive SUV segment.

https://www.autoguideindia.com/uncategorized/victura-group-appoints-vineet-sahni-as-ceo/Victura Group has appointed auto...
03/06/2026

https://www.autoguideindia.com/uncategorized/victura-group-appoints-vineet-sahni-as-ceo/

Victura Group has appointed automotive industry veteran Vineet Sahni as its new Chief Executive Officer (CEO).

Sahni brings more than two decades of leadership experience across leading automotive component companies, including Fiem Industries, Lumax Group, Varroc Engineering and Minda Industries. His appointment comes as Victura Group continues to strengthen its position in automotive, e-mobility, industrial and electronics manufacturing.

The Faridabad-based engineering and manufacturing group reported revenue of approximately ₹3,500 crore in FY25 and operates more than 20 manufacturing facilities globally.

https://www.autoguideindia.com/e-mobility/nio-may-2026-deliveries-up-62-percent-onvo-firefly-growth/NIO delivered 37,705...
02/06/2026

https://www.autoguideindia.com/e-mobility/nio-may-2026-deliveries-up-62-percent-onvo-firefly-growth/

NIO delivered 37,705 vehicles in May 2026, representing a 62.3% year-on-year increase and a 28.4% rise compared to April.

Key highlights:
• NIO brand deliveries: 20,013 units
• ONVO deliveries: 12,029 units (+91.5% YoY)
• Firefly deliveries: 5,663 units (+53.9% YoY)
• Cumulative deliveries surpass 1.14 million vehicles

The company also strengthened its product portfolio through the launch of the NIO ES9 and the expansion of ONVO's lineup with the L80 and L90.

The results reflect NIO’s continued momentum in China’s rapidly evolving electric vehicle market.

NIO delivered 37,705 vehicles in May 2026, up 62.3% year-on-year and 28.4% month-on-month. Growth was driven by strong performances from NIO, ONVO and Firefly brands, alongside new model launches.

https://www.autoguideindia.com/e-mobility/xpeng-may-2026-deliveries-gx-suv-growth-outlook/Xpeng reported May 2026 delive...
02/06/2026

https://www.autoguideindia.com/e-mobility/xpeng-may-2026-deliveries-gx-suv-growth-outlook/

Xpeng reported May 2026 deliveries of 32,158 vehicles, reflecting a 4.1% year-on-year decline. However, the broader outlook appears increasingly positive.

The company's newly launched GX SUV generated 24,863 confirmed orders within just 12 hours of launch, highlighting strong consumer demand in China's competitive EV market.

Additional growth drivers include:
• Expansion into overseas markets
• Monthly international sales exceeding 6,000 units
• Progress in Level 4 autonomous driving technology
• Launch of China's first mass-produced automaker-developed robotaxi

With new products, advanced AI capabilities and growing international presence, Xpeng is positioning itself for a potential growth recovery in the coming quarters.

Xpeng delivered 32,158 vehicles in May 2026, down 4.1% year-on-year. Strong demand for the new GX SUV, overseas expansion and autonomous driving advancements are expected to support future growth.

https://www.autoguideindia.com/auto-makers/cars/lamborghini/lamborghini-india-begins-deliveries-temerario-hybrid-super-s...
02/06/2026

https://www.autoguideindia.com/auto-makers/cars/lamborghini/lamborghini-india-begins-deliveries-temerario-hybrid-super-sports-car/

Automobili Lamborghini India has commenced deliveries of the new Temerario, bringing the brand’s second plug-in hybrid model to Indian customers.

Powered by a newly developed twin-turbocharged V8 engine paired with three electric motors, the Temerario delivers a combined output of 920 PS while achieving a 0-100 km/h sprint in just 2.7 seconds.

As the successor to the Huracán, the Temerario represents Lamborghini’s continued commitment to blending electrification with uncompromising performance. The model also introduces advanced technologies such as electric torque vectoring, all-wheel drive and 13 selectable driving modes.

Lamborghini India has commenced deliveries of the new Temerario hybrid super sports car. Powered by a 920 PS plug-in hybrid powertrain, the Huracán successor accelerates from 0-100 km/h in 2.7 seconds and exceeds 340 km/h.

https://www.autoguideindia.com/awards-milestones/vinfast-wins-multiple-automotive-awards-india-vf7-electric-suv-year/Vin...
02/06/2026

https://www.autoguideindia.com/awards-milestones/vinfast-wins-multiple-automotive-awards-india-vf7-electric-suv-year/

VinFast Auto India has secured multiple prestigious recognitions across India's leading automotive award platforms, reflecting the company's growing momentum in the country's rapidly evolving electric vehicle market.

Highlights include:
• ‘Disrupter of the Year’ – Motoring World Awards 2026
• ‘Electric SUV of the Year’ – VF 7 at Car India Awards 2026
• ‘EV Car of the Year’ – VF 7 at T3 India Awards 2026

The awards acknowledge VinFast’s differentiated market strategy, product innovation and commitment to developing a comprehensive EV ecosystem encompassing vehicles, charging infrastructure, financing solutions and after-sales support.

VinFast Auto India has secured multiple automotive awards, including ‘Disrupter of the Year’, while the VF 7 won ‘Electric SUV of the Year’ and ‘EV Car of the Year’, reinforcing the company's growing momentum in India's EV market.

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