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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

Vikram Gulati, Toyota’s country head and executive vice president for corporate affairs and governance.

Toyota pitches for ethanol hybrids as India looks at electric future

4 min read . 05 Dec 2025

Ola Electric's unallocated expenses, absent from its peers’ books, failed to impress investors. (Reuters)

The curious case of unallocated expenses at Ola Electric

4 min read . 04 Dec 2025

Why JLR’s creative head was walked out just weeks after new CEO took charge

3 min read . 04 Dec 2025

Maruti Suzuki's newly introduced first EV model 'eVitara', (PTI)

Maruti Suzuki eyes EV leadership as it begins its India push with charging infra

2 min read . 02 Dec 2025

Two models—Atto 3 and eMax 7—have received homologation certificates. The process has started for the Sealion, which is emerging as one of its best-selling models. The fourth model—the sedan Seal—has not moved on the homologation path yet. (Reuters)

BYD surges 80% to become one of India’s top five EV makers

4 min read . 02 Dec 2025

With industry discussions at the Siam failing to produce a unified stance, the rift has widened ahead of Cafe 3 norms that are expected to kick in from April 2027. (REUTERS)

Maruti strikes back at rivals as small car debate intensifies

2 min read . 01 Dec 2025

A worker uses a spin gauge to measure components of a bearing inside an auto component manufacturing facility. (REUTERS)

New wave of regulations is cheer for India's auto part makers

4 min read . 30 Nov 2025

The company has introduced a new electric SUV, XEV 9s, its first seven-seater with base price tag of just under ₹20 lakh, with higher variants touching ₹30 lakh.

Mahindra shifts gears to big EV play to combat Tata Motors

5 min read . 27 Nov 2025

Uber has edged ahead of Ola Consumer even as upstart Rapido is trying to gain share in India’s cab aggregator market. (Reuters)

Uber India's valuation soars, outpaces rivals

2 min read . 27 Nov 2025

Tata Sierra makes a grand comeback blending the signature design elements with modern styling language and features.

Tata Motors PV brings back the beast from the past to take on SUV rivals

4 min read . 25 Nov 2025

Hybrid sales are rising overseas and Indian automakers are preparing a range of hybrid launches. (Bloomberg)

For India’s auto part makers, hybrids are the real gold mine

3 min read . 25 Nov 2025

While a gradual shift to light rare-earth magnet imports cushioned Indian automakers, imports are expected to pick up from the second half as the Chinese government has started granting applications of Indian firms for heavy rare earths. (Bloomberg)

China-led magnet imports more than halve. Automakers see no turning back

3 min read . 24 Nov 2025

Suzuki Motor Co. is using India as its global export hub, targeting more than 100 countries. (AFP)

Why Indian carmakers are choosing the path of least Chinese resistance

5 min read . 21 Nov 2025

REEVs are not classified differently under the Goods and Services Tax (GST) regime. Hybrids attract a tax rate of 18% and 40%, depending on their size. (Bloomberg)

Industry lobby pushes government to slash GST on range-extended EVs

3 min read . 20 Nov 2025

Currently, only two wheelers with an engine capacity above 125cc are required to have ABS. (Bloomberg)

ABS makers Bosch, Endurance counter auto lobby supply worries

4 min read . 19 Nov 2025

The differing trajectories reflect structural advantages for new-age players, according to experts. (Mint)

Ola, Ather close in on legacy rivals’ profit playbook

4 min read . 19 Nov 2025

Super credits—which allow one electric vehicle (EV) to be counted as three vehicles and one strong hybrid as two in calculating a company’s corporate average fuel efficiency (Cafe-III) emissions—were introduced to help carmakers meet targets by gradually adding cleaner vehicles. (Bloomberg)

India’s clean car push hits roadblock as debate over super credits intensifies

3 min read . 18 Nov 2025

Walk into the vehicle development centre of any major Indian carmaker and you’ll find dozens of rival cars stripped to their bones, engineers poring over every exposed circuit, nut and wire. (Bloomberg)

In India’s car labs, Chinese models are the new benchmark

3 min read . 17 Nov 2025

Tata Motors Passenger Vehicles Ltd on Friday publicly rejected calls for easing norms for small cars, directly countering market leader Maruti Suzuki India Ltd’s long-standing demand for relaxed standards. (Reuters)

Tata Motors says no to softer emission rules for small cars, flags safety risks

3 min read . 14 Nov 2025

Tata Motors Passenger Vehicle Ltd’s (TMPVL) revenue fell 13.5% on-year to ₹72,349 crore in the second quarter (Reuters)

Tata Motors PV slips into a loss in Q2 as JLR woes mount

3 min read . 14 Nov 2025