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Marking a significant milestone in the EV segment, Creatara redefines urban travel by combining safety, customization, and advanced technology, the company said.

Pre-owned Car Market: The pre-owned car industry, which stayed strong despite challenges in FY22, saw a significant 14-16% growth in FY23. This growth was driven by factors like the market reopening, a growing preference for personal mobility, and rise in disposable incomes. The industry is expected to grow at a rate of 15% in FY24.

Revolt Motors: RattanIndia Enterprises Business Chairperson Anjali Rattan said the company is expanding to ensure that the electric revolution reaches every corner of the country. "Revolt had only 25 dealerships when we did the acquisition. Right now we are almost at 100... in one year we want to have 500 dealerships in India," she said.

MG Motor India partners with gaming legend MortaL to launch the Comet EV 'Gamer Edition,' a tech-savvy customized car for adrenaline-seeking Gen Z gamers.

Apart from the lagged benefit of softening commodity costs, margins are likely to see tailwinds from operating leverage and a richer product mix.