Quick Automotive Updates: Read On the Go!

1. Kinetic Engineering Targets INR 1,000 Cr Revenue by 2029
   Reviving its legacy in the two-wheeler market, Kinetic Engineering is on track to achieve an ambitious INR 1,000 crore turnover by 2029, signaling a bold comeback in the automotive space.
   
2. Mahindra’s Vision: 30% EV Portfolio by 2030
   Mahindra aims to make electric vehicles a major part of its product lineup, reinforcing its commitment to sustainability and innovation in the automotive industry.
   
3. India’s First Electric Air Taxi: A Leap in Urban Mobility
   The country is set to witness a groundbreaking shift in transportation with the upcoming launch of its first electric air taxi, revolutionizing urban commutes.
   
4. Auto Component Industry Eyes Double-Digit Growth in FY25
   Experts forecast an 8%-11% growth in India’s auto component sector, fueled by localization efforts and the rising demand for EVs.
   
5. Hero Cycles to Invest $1 Billion for Global Expansion
   With a $1 billion investment on the horizon, Hero Cycles is gearing up to revolutionize the cycling industry and expand its international footprint.
   
6. Eco-Friendly Transport for Maha Kumbh 2025
   GreenCell Mobility has deployed 200 electric buses to provide sustainable travel options for millions attending the Maha Kumbh in Prayagraj.
   
7. Hyundai Enhances EV Manufacturing with Localized Parts
   Hyundai Motor India has localized over 1,200 EV components, including battery packs, to boost its manufacturing efficiency and reduce costs.
   
8. Volkswagen Warns of Global Supply Chain Impact from Tariffs
   Volkswagen has expressed concerns over potential trade tariffs, warning about their adverse effects on global automotive supply chains and market stability.
   
9. Delhi’s Strict Regulations Challenge Two-Wheelers
   The capital’s stringent emission norms and policies are pushing two-wheeler manufacturers to rethink strategies and adopt cleaner technologies.
   
10. IFC Supports JK Tyre’s Sustainability Goals with $100M Loan
    JK Tyre has secured a $100 million sustainability-linked loan from IFC, enabling the company to advance its eco-friendly manufacturing practices.

Acknowledgment:
The headlines are inspired by ET Auto, while the content has been independently crafted by the Motorpark team.