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ELECTRIC COMMERCIAL VEHICLES IN INDIA
EV retail sales break record at 3,27,901 units in July: FADAIndia's electric vehicle retail sales hit a record 3,27,901 units in July. This represents a significant 66 percent year-over-year growth f...
July auto retail sales hit record high on rising rural demandVehicle registrations saw a significant 26% year-on-year increase in July. This performance marked the best-ever July for all vehicle segme...
Auto sales hit record 2.59 million units in July, rise 26% year-on-yearJuly saw vehicle registrations hit an all-time high, fueled by strong consumer demand after the GST cuts. Sales of two-wheelers climbed by ...
HDFC Securities initiates coverage on Sona BLW with 'Add'; sees upside on EV-led growthHDFC Securities initiated coverage on Sona BLW Precision Forgings with an Add rating and Rs 845 target, citing EV-led growth, strong R&D an...
Auto industry total retail sales up 26 pc at 25,91,138 units in July, says FADATotal automobile retail sales in India grew by over twenty-five percent year-on-year in July. Passenger vehicle sales increased nineteen pe...
Alternative fuels now within striking distance of petrol in passenger vehicle market, says FADAAlternative fuels are closing in on petrol's share in India's vehicle market. CNG leads the alternative fuel segment, followed by hybrids a...
JSW, Volkswagen plan new set of wheels to drive tie-upJSW Group plans a new entity for its Volkswagen alliance talks. This partnership will focus on mass-market VW and Skoda vehicles. Manufactu...
Dhoot Transmission sets IPO price band at Rs 829-871; issue to open on Aug 10Dhoot Transmission Ltd. will launch its Rs 3,066.89-crore IPO on August 10, 2026. The company plans to use IPO proceeds for debt repayment ...
EV powertrain maker Matel raises Rs 130 crore in UC Impower-led roundFounded in 2017 by Sunil Patel, the former head of Bajaj Auto's Chetak EV development programme, and Netaji Patro, a former R&D leader at M...
Battery Smart may file IPO papers in September-October; eyes 70-80% annual growthBattery Smart is preparing to file draft papers with Sebi for an initial public offering. The company targets substantial annual growth ove...
RoadGrid gets government backing to expand EV charger manufacturingRoadGrid India received Rs13 crore funding from the Technology Development Board. This investment will establish a manufacturing facility f...
Keto Motors unveils Urbanova KE9, marking its entry into India's commercial electric bus segment
India's electric car sales jump 82% in July as high fuel prices boost EV demandElectric vehicle sales nearly doubled in July, showing robust growth momentum. Sharply higher fuel prices are pushing consumers towards mor...
India PV sales hit record high in July, up 34% on strong demand and GST cutsAs per industry estimates, around 469,000 passenger cars, utility vehicles and vans were dispatched from factories to dealerships last mont...
Auto components player Kay Jay Forgings, power infra EPC Polite Powertech get Sebi nod for IPOsKay Jay Forgings and Polite Powertech have secured Sebi approval to launch their IPOs. Kay Jay plans to raise Rs 300 crore through a fresh ...
Mahindra Last Mile turns unicorn with ₹322 cr raiseMahindra Last Mile Mobility has achieved unicorn status after a recent funding round. The company secured approximately ₹322 crore, valuing...
Mahindra Last Mile raises ₹322 crore at unicorn valuationMahindra Last Mile Mobility has achieved unicorn status after a substantial funding round. This investment solidifies their leadership in I...
Maruti starts commercial production at Hansalpur facility; capacity goes up to 1 million units per annumMaruti Suzuki has started commercial production at its fourth plant in Gujarat. This new facility will produce the battery electric vehicle...
L&T bets Rs 5,000 crore on a new electronics business, targets $4.85 bn marketLarsen & Toubro is investing Rs 5,000 crore over five years in a new electronic products business. This new venture aims to expand manufact...
Alternate fuel penetration in Indian CV industry to touch 40-45% by FY30: ICRAThe rise in EV penetration in the commercial vehicles (CV) industry is led primarily by the bus segment within the M&HCV (medium and heavy ...