Nokian Tyres has unveiled a groundbreaking innovation in winter driving: the world’s first studded winter tyre capable of automatically adapting to temperature shifts. Named the Hakkapeliitta 01, this new product marks a significant milestone for the company, which originally invented the winter tyre in 1934 and introduced the legendary Hakkapeliitta line 90 years ago in 1936. This latest evolution fulfils a longstanding ambition to create a studded tyre that can respond dynamically to changing road conditions.

At the heart of this development is the patented Double Action Stud Technology, which enables what the company calls On-Demand Grip. This system allows the studs to automatically toggle between two modes depending on the temperature. When activated, the studs provide maximum safety and powerful traction on icy and snow-covered surfaces, offering drivers complete confidence in severe winter weather. Conversely, when the system deactivates, the tyre delivers precise handling on bare, dry roads while minimising road wear. This dual functionality ensures a stable and accurate driving experience, effectively addressing the primary concerns of studded tyre users: noise and surface wear.

The Hakkapeliitta 01 is engineered for passenger cars, crossovers and SUVs and carries both the Three-Peak Mountain Snowflake and Ice Grip certifications, underscoring its severe winter weather credentials. The technology represents the fruition of a visionary concept first proposed by the company in 2014. Since then, extensive global research and development have taken place, involving thousands of prototypes tested in diverse environments, from indoor laboratories to the company’s Arctic test centre in Finland and its facility in Spain.

The result is a tyre that delivers measurable improvements across several key areas. Compared to its predecessor, it reduces road wear by up to 30 percent. Safety has also been enhanced, with ice grip improved by up to 10 percent and wet grip by up to five percent. Furthermore, noise levels have been reduced by as much as one decibel, contributing to a quieter and more comfortable journey. In line with a commitment to sustainability, the tyre’s tread compound incorporates renewable materials, including natural rubber, bio resin and bio-based oils derived from sources like pine resin and canola oil.

The new product range will be available to consumers in the autumn of 2026, with primary markets in the Nordic countries and North America. Production will take place at the company’s factory in Nokia, Finland. A conference call is scheduled for today (2 March 2026) at 4:15 p.m. EET, during which company leadership and winter tyre specialists will present the new tyre and answer questions. A recording of the event will be accessible online for the following twelve months.

Paolo Pompei, President and CEO, Nokian Tyres, said, “The new Nokian Tyres Hakkapeliitta 01 represents one of our company’s biggest innovations since we introduced the first winter tyre more than 90 years ago. This new winter tyre achieves what was previously thought impossible: a studded tyre that responds to temperature changes to deliver ultimate safety while protecting the road.”

Mikko Liukkula, Nokian Tyres Development Manager who oversaw the tyre’s years-long evolution from concept to reality, said, “With the new Nokian Tyres Hakkapeliitta 01, we set out to rethink what a studded winter tyre can be. We didn’t want to compromise between superior ice grip and low road wear, which is a common trade-off in winter tyre development. Instead of a compromise, we developed a solution where grip adjusts automatically to the temperature, delivering maximum safety when it’s needed and more controlled, gentler road contact when it’s not. This helps drivers account for winter weather that is less predictable than ever, while navigating new regulations related to tyres’ impact on the road.”

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Gaurav Kumar has resigned as a whole-time director of Apollo Tyres, the Indian tyre manufacturer, after more than two decades with the company, though he will remain chief financial officer during a transition period.

The Gurugram-based company's board approved the resignation at a meeting on Thursday. Kumar steps down as a director, and consequently as a member of the risk management committee, with effect from the close of business the same day. The company said he had confirmed there was no material reason for his departure beyond that stated in his resignation letter.

Kumar will continue as chief financial officer for such period as is necessary to ensure a smooth transition, after which he will cease to be part of the company's senior management.

In his resignation letter, Kumar said: "It has been terrific to be part of the incredible journey at Apollo Tyres thus far. I have learned, and hopefully contributed in equal measure, and now seek to explore alternative and new challenges. I wish Apollo Tyres the very best for the journey ahead and will always be part of the Apollo Tyres Family." He added that he was grateful to Onkar Kanwar and Neeraj Kanwar for their support during his tenure of more than 22 years at the company.

Neeraj Kanwar, Vice-Chairman and Managing Director, said: "Gaurav deserves kudos for the critical role he has played in the growth of Apollo Tyres, both in India and overseas, in the last twenty years. While we do regret losing him, we are conscious of his personal aspirations and wish him the very best in his future endeavours."

The company said it was in the process of appointing a new chief financial officer.

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Shrader Tire & Oil (STO) has announced the appointment of Bob Feldbauer to the role of President, effective 1 August 2026. He will concurrently serve as Chief Operating Officer, while Joe Shrader maintains his position as Chief Executive Officer.

Feldbauer’s ascent follows his arrival at STO in early 2025 as Chief Operating Officer, a role built upon a robust industry resume. His prior engagements include a lengthy stint at the helm of Jack’s Tire & Oil in Utah and a substantial period with Michelin North America, where he handled sales and managerial assignments.

Under the new structure, Feldbauer’s purview widens to encompass both internal fleet management across 14 sites and outward-facing commercial development, including alliances and market expansion. With the founding family’s fourth generation now active within the firm, the succession plan reinforces the enduring principles established when the company opened in 1948.

Shrader said, “Bob has proven exactly what we hoped he would when we brought him on board – sharp operational instincts and a real drive to help this company grow. Putting him in the President seat lets us move faster on the growth plans we’ve been building towards.”

Feldbauer said, “It has been a fast year and a half at Shrader Tire & Oil. I have gained tremendous insight and valuable knowledge about our organisation’s structure, company culture and an understanding of our overall goals and commitments. One thing is clearly obvious – the commitment Shrader employees have to deliver the best customer experience each and every time. I appreciate this and look forward to supporting them as their President and COO.”

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Balkrishna Industries Ltd. (BKT) has unveiled a brand installation at the Mumbai International Airport Limited (MIAL) T2 Elevated Road Underpass as the tyre manufacturer seeks to broaden its positioning beyond its traditional Off-Highway business and strengthen awareness of its expanding on-highway portfolio in India.

The 2,000 sq. ft. installation, inspired by the company's "Elevate Your Drive" philosophy, highlights BKT's portfolio across agriculture, construction, mining, earthmoving, commercial vehicles, two-wheelers and passenger vehicles. The activation comes as the company expands its presence in India's two-wheeler and commercial vehicle tyre segments.

Designed to move beyond conventional outdoor advertising, the installation features nine illuminated tyre-shaped displays, each 8 feet in diameter, using the tyre itself as the central storytelling element. It opens with a large-format visual featuring BKT brand ambassador Ranveer Singh, followed by a sequence of displays illustrating the company's expanding mobility portfolio. The installation will remain at the airport for 24 months.

Mumbai International Airport handled a record 55.5 million passengers in 2025, providing the company with sustained visibility among business travellers and consumers.

"For BKT, innovation goes beyond product engineering; it extends to how we tell our story. This installation reflects a simple yet powerful idea: our tyre itself becomes the medium through which travellers experience the breadth of BKT's world. As we expand our presence across India's mobility landscape, it is important that consumers see BKT not through a single product category, but as a brand that supports movement across diverse terrains, applications and journeys. Mumbai Airport provides an ideal stage for us to express that transformation in a memorable and distinctive way," said Satish Sharma, Senior President & Director – Business Development and Strategy, BKT.

The installation was conceptualised by Infectious Advertising and uses immersive design, sequential storytelling and its airport location to showcase the company's wider mobility portfolio. According to BKT, the activation is intended to connect its established Off-Highway business with its growing presence in India's on-highway mobility market.

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Mumbai-headquartered leading carbon black manufacturer Epsilon Carbon has reported a 10 percent reduction in carbon dioxide equivalent emissions across its upstream transportation operations during FY2025–26. The reduction was achieved through the deployment of an electric and liquefied natural gas freight fleet.

An independent third party certified the emissions data. The reductions achieved in transport logistics equate to carbon absorption figures associated with approximately 29,000 trees. The verified figures allow supply chain partners to include these reductions within Scope 3 emissions reporting frameworks and environmental disclosures.

Gaurav Mathur, Chief Executive Officer, Epsilon Carbon, said, “Decarbonising logistics is central to our climate strategy. What makes this milestone meaningful is that the results are independently verified with a 10 percent reduction in CO2e emissions within the upstream transportation category over a single financial year, driven by the adoption of electric and LNG fleets. These carbon reductions strengthen our own sustainability disclosures and those of our customers, and we intend to scale this model across our supply chain.”

Following Phase 1 operations, Epsilon Carbon intends to expand the number of electric and LNG vehicles in its transport fleet during FY 2026–27 to scale low-carbon freight transport across its supply chain network.

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