Page 3- Industry Movement News

VinFast names Shalabh Rajvanshi as deputy CEO for its India two-wheeler division, reinforcing its commitment to growth in the rapidly evolving electric mobility market.

DrivebuddyAI introduces a cutting-edge AI in-cabin safety system designed to improve driver awareness, reduce risks, and enhance real-time safety monitoring at a major Detroit showcase.

DriveX Mobility strengthens its leadership team with the appointment of Jyotsna Chaudhary as Head of Human Resources, aiming to drive people-centric growth and workplace excellence.

AI-based used two-wheeler platform Speedioo secures fresh funding to boost expansion, improve pricing intelligence, and streamline the digital vehicle-buying journey.

JK Organization's Harsh Pati Singhania has been appointed Chair of the International Chamber of Commerce, Paris, giving India Inc. and sectors like automotive, paper, and tyres a stronger voice in global trade rules.

AutoVRse has secured $2.4 million in funding to accelerate the growth of its AI-powered VR training platform, enhancing industrial workforce efficiency through immersive and scalable solutions.

CarYaar expands into the Mumbai Metropolitan Region with a digital-first car servicing platform designed to simplify maintenance through doorstep service, real-time tracking, and transparent pricing.

Tata AutoComp’s new incentive strategy signals strong IPO readiness while aligning employee performance with long-term growth and profitability goals.

KR Group has reported measurable improvements in driver safety and fleet efficiency following the deployment of Netradyne’s Driver i platform, highlighting the growing role of AI-powered monitoring in modern fleet management.

India’s auto component sector has witnessed remarkable growth over the past decade, fueled by diversified product portfolios, strong export demand, and increasing localization efforts across global supply chains.

evfin’s latest INR 223 crore institutional funding marks a major step in scaling its EV financing operations and supporting the rapid adoption of electric mobility across India.

Exponent Energy has secured 21.1 million in funding to scale its rapid EV charging network, focusing on reducing charging time and improving infrastructure to support India’s growing electric mobility ecosystem.

Hyundai Motor India has shared the latest update on the Chennai plant fire, outlining the production impact, supply response, and expected return to normal operations.

LetzRyd’s LetzOwn initiative aims to redefine gig mobility in India by offering drivers a pathway to vehicle ownership, improved income stability, and long-term financial growth.

Dylect continues its road safety initiative with the third phase of Scam Ya Dashcam, highlighting the importance of dashcams in preventing fraud and ensuring safer driving across India.