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Business News > Mint Authors > Ayaan Kartik

Ayaan Kartik

Correspondent

Ayaan Kartik tracks the developments in the country's growing automobile sector. With a special focus on data, he likes to break down numbers to figure out some interesting stories to tell about companies.

ARTICLES BY AYAAN KARTIK

Rishab (centre) joined Bajaj as a management trainee in 2021, half a century after his grandfather, Rahul Bajaj, launched the Chetak, the company's first scooter in 1972.

Next generation rises at Bajaj Auto as Rishab takes centre stage at EV launch

3 min read . 14 Jan 2026

Santosh Iyer, managing director and chief executive at Mercedes-Benz India, (REUTERS)

Mercedes-Benz will stick to top-end luxury cars even as BMW closes in

3 min read . 14 Jan 2026

The capacity expansion plans come as the top carmakers prepare to launch nearly 80 new car models over the next few years. (Bloomberg)

Capacity catch-up: Why India’s top carmakers are building for 2030 today

5 min read . 14 Jan 2026

Tata and Mahindra battle for India’s No. 2 spot with new Punch and XUV 3XO refreshes. (AI-generated illustration)

Tata vs Mahindra: New launches set stage for No.2 carmaker fight

3 min read . 12 Jan 2026

Delhi, grappling with severe air pollution, will get the largest allocation of 3,330 electric buses.

Top electric bus makers gear up for govt’s 6,230-bus mega tender

3 min read . 10 Jan 2026

Hardeep Singh Brar, BMW India's chief executive.

BMW's 2026 India play: Catch them early

3 min read . 09 Jan 2026

The October dip prompted some market observers to suggest that consumer interest in EVs had softened after GST cuts narrowed the tax gap between ICE vehicles and EVs.

Auto majors allay fear over slowing adoption of EVs

4 min read . 08 Jan 2026

The company slipped back into operating losses after posting its first-ever operating profit in FY24. (Mint)

JSW MG Motor hits $1 bn revenue, losses nearly double

4 min read . 07 Jan 2026

Indian carmakers have reached parity with European, Japanese and Korean automakers and are increasingly catching up to the speed of Chinese carmakers in rolling out new products. (Bloomberg)

Indian carmakers take a leaf out of Chinese playbook to bring out models quickly

5 min read . 06 Jan 2026

Harshavardhana Gourineni, executive director at Amara Raja.

India’s second-largest battery maker wants to crack North American market

5 min read . 05 Jan 2026

To be sure, no carmaker in India manufactures or sells REEVs currently. (Pixabay)

JSW Motors, Mahindra open to extended-range hybrids if EV incentives widen

4 min read . 02 Jan 2026

Dispatches of mini cars to dealers in December increased by 92% year-on-year to 14,225, lifting Maruti’s total domestic sales by 36% to 192,115 units in the month. (REUTERS)

Maruti Suzuki prioritizes mini cars over bigger models

4 min read . 01 Jan 2026

With auto companies cheering the sales momentum, analysts now foresee smaller discounts in the coming months as companies look to relieve the pressure on profit margins. (Bloomberg)

Two-wheeler and passenger vehicle sales smash all-time records in 2025

4 min read . 31 Dec 2025

Companies with delivery fleets, including food delivery, e-commerce and ride-hailing firms such as Zomato, Swiggy and Rapido, among others. use their own two-wheelers or rented vehicles. (PTI Photo)

Air quality regulator softens clean fuel stance for delivery and cab fleets

3 min read . 31 Dec 2025

Currently, combined braking systems (CBS) are mandatory for two-wheelers below 125cc, while ABS is required for bikes above that threshold. (Hemant Mishra/ Mint)

Top two-wheeler makers force rethink on ABS mandate ahead of Jan 1 deadline

4 min read . 30 Dec 2025

Chairman and Managing Director of Ola Electric Bhavish Aggarwal speaks during the launch of the battery energy storage systems 'Ola Shakti', a residential power backup solution. (PTI Photo)

Ola Electric's sales footprint shrinks as stores bet on home inverters

4 min read . 29 Dec 2025

The earlier deadline for e-trucks and e-buses to switch to locally manufactured rare earth magnet motors was March 2026, which was in turn extended from 1 September 2025. (Reuters)

Electric bus, truck makers seek one-year extension on rare earth motor imports

4 min read . 29 Dec 2025

Th rare earths crisis worked as a wake-up call for automakers and policymakers —that one of the country's most critical manufacturing sectors can be crippled.

Springboard 2026 | Automaker holy grail: New tech to replace rare earth magnets

7 min read . 27 Dec 2025

As per the tender conditions, winning bidders are required to supply e-buses across five cities—Bengaluru, Hyderabad, Delhi, Surat and Ahmedabad—and will be paid on a per-km basis over 10-12 years. (PTI)

How CV biggies missed out on India's largest e-bus tender

6 min read . 26 Dec 2025

Each contract will be long-term, with the winning companies supplying and operating the e-buses and being paid on a per-kilometre basis. (PTI)

CESL finds lower-than-estimated prices in 10,900 e-bus tender

3 min read . 24 Dec 2025