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Tag: Ralf Speth

  • Venu Takes the Wheel as TVS Shifts Gears at the Top

    Venu Takes the Wheel as TVS Shifts Gears at the Top

    MUMBAI: TVS Motor’s leadership engine just got a new ignition, Sudarshan Venu is in the driver’s seat now. In a landmark move signalling the next chapter in its leadership journey, TVS Motor Company has announced that Sudarshan Venu will take over as chairman and managing director effective August 25, 2025. The company’s board of directors made the decision unanimously, underscoring Venu’s instrumental role in shaping TVS Motor’s strategy and global ambitions over recent years.

    Venu, currently serving as managing director, will succeed Ralf Speth, who has opted not to seek reappointment as director at the company’s Annual General Meeting on August 22, 2025. Ralf, the former CEO of Jaguar Land Rover and a seasoned automotive veteran, will officially step down as Chairman at the conclusion of the AGM.

    However, this isn’t a full stop, it’s a strategic shift. Ralf will continue his association with TVS as its chief mentor for a three-year term starting 23, August  2025, offering strategic counsel and drawing on his vast experience in automotive leadership.

    Expressing his gratitude, Venu said, “I am really honoured and excited for the future. TVS has been built on a foundation of customer centricity, quality, and technology values we must preserve as we reimagine our future. I’m deeply thankful to our chairman emeritus for his vision, and to Ralf for pushing us to think global and act bold.”

    The leadership change comes at a time when TVS Motor is expanding aggressively across global markets and investing in next-gen technologies, including electric mobility and connected vehicles. Venu has been central to this transformation, overseeing strategic acquisitions, international collaborations, and product innovations that have given the company new momentum.

    Ralf Speth’s stint as chairman was marked by a greater global orientation for TVS, including talent onboarding, enhanced R&D processes, and bold investments in future-ready technologies. In his new role as chief mentor, he is expected to help guide the company’s long-term vision and innovation roadmap.

    With this transition, TVS isn’t just changing drivers, it’s fine-tuning for the next lap of growth. And with Venu at the helm and Speth still in the pit lane, the company seems all set to accelerate into its next evolution.

  • Jaguar I-Pace is European car of the year

    Jaguar I-Pace is European car of the year

    MUMBAI: The all-electric Jaguar I-PACE has been voted ‘Car of the Year’ at the European Car of the Year Awards 2019. This is the first time a Jaguar has won the coveted prize.

    The European Car of the Year jury comprises 60 motoring journalists from 23 countries, and the award recognises technical innovation, design, performance, efficiency and value for money.

    Jaguar Land Rover chief executive officer Ralf Speth said: “For our first electric vehicle to also be the first Jaguar to win European Car of the Year gives us a huge sense of pride. I-PACE was designed and engineered in the UK from a clean sheet of paper. It is the most technologically advanced battery electric vehicle. It’s a true game-changer. Winning European Car of the Year is an honour and real recognition of what our world-class team has delivered.”

    Designed and developed in the UK, the Jaguar I-PACE has had profound sales success globally, with more than 8,000 customer deliveries to date – 75 per cent of them in Europe.

    Nothing else on the road looks or drives like the I-PACE. It is engineered to take full advantage of its electric powertrain and bespoke aluminium architecture, offering sports car performance and SUV practicality.

    Charging is made easy for customers using the Jaguar public charging service, accessed via a dedicated app or using an RFID key. With tailor-made charging packages and tariffs compiled into a simple monthly bill, it gives I-PACE customers access to more than 85,000 charging points throughout Europe. 

    The I-PACE has received 55 awards worldwide since it was revealed a year ago, including German, Norwegian and UK Car of the Year, BBC TopGear magazine EV of the Year, China Green Car of the Year, and Autobest’s ECOBEST Award.