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EV PENETRATION IN INDIA
CAFE III norms signal faster EV shift in India while balancing automakers concerns: NomuraCAFE refers to government regulations that require automakers to meet a specific average level of fuel economy or CO₂ emissions across thei...
Rising fuel costs accelerate EV shift; MG bets bigger on plug-in hybridsJSW MG Motor India is increasing its focus on new-energy vehicles. The company anticipates NEVs will comprise eighty percent of its sales t...
JSW MG Motor launches MG ADAPT, India's first multi-NEV platformJSW MG Motor India has unveiled its new MG ADAPT platform for future vehicles. This innovative architecture supports electric, hybrid, and ...
India's EV components opportunity to hit Rs 3.55 lakh crore by 2032 amid localisation pushIndia's electric vehicle components market is projected to grow significantly. This market is expected to reach approximately Rs 3.55 lakh ...
SIAM urges govt to increase import duties to 40% on commercial tractors and prime moversThe Society of Indian Automobile Manufacturers seeks higher import duties on tractors. They want a 40% duty to prevent dumping from China. ...
ET Prime Special Series: Multibagger or IBC - Part 66: This old auto ancillary giant is betting big on the next energy shiftFor 40 years, this was one of those businesses the market treated as safe – and slightly dull. It dominated its market, and it generated st...
Ather Energy shares rally 270% in one year, but Nomura sees 22% more upside. Here’s whyNomura increased Ather Energy's target price, expecting electric two-wheeler trends to accelerate. The brokerage sees Ather as a top pick t...
E-mobility startup Milo Drive secures $2.4 million from Caret Capital, Antler India, IAN CapitalFounded by Monil Jayeshkumar Khatri and Vishal Jewrajka, Milo Drive connects drivers, fleet operators, and ride-hailing companies through a...
EV retail sales at all-time high of 3,06,220 units in June, penetration cross 12 pc: FADAElectric vehicle retail sales in India reached an all-time high of 3,06,220 units in June. This growth pushed overall EV penetration past t...
'Treat EVs like gadgets': Tata Electric Mobility CCO Vivek Srivatsa on resale concerns, Sierra EV, price parity with ICE and why Gen Z is the next big betIn an exclusive interview with ET, Vivek Srivatsa, Chief Commercial Officer of Tata Passenger Electric Mobility, speaks about the Sierra EV...
Ola Electric shares drop 9% in 3 days. What's spooking investors?Ola Electric Mobility shares fell over 2%, extending their three-day decline to 9%, after media reports said two vendors had filed fresh in...
To ride the EV wave, M&M takes premium path, Tata Motors bets on scaleMahindra and Tata Motors are adopting distinct electric vehicle strategies for India's growing market. Mahindra focuses on premium e-SUVs a...
Nomura names M&M, Hyundai, Ather Energy as top picks after June auto sales; says EV penetration at inflection pointNomura remains positive on India's automobile sector after strong June sales, saying electric vehicle adoption has reached an inflection po...
Ola Electric shares in focus as Q1 registrations nearly double sequentially to 43,719 unitsOla Electric Mobility registered 43,719 vehicles in Q1 FY27, nearly doubling from 22,252 in the previous quarter, driven by strong demand a...
EVs to account for 10% of India's car market by FY28, says Tata Motors' Shailesh ChandraElectric cars are poised to capture nearly 10% of India's passenger vehicle market by the end of fiscal year 2027, according to Tata Motors...
IRDAI chairman urges insurers to build affordable products for Rs 5-25 lakh cover to boost penetrationIRDAI Chairman Ajay Seth called for insurance companies to prioritise covering a broader range of unique lives rather than merely chasing p...
Tata Motors Passenger Vehicles to accelerate EV push with 4 new models, 10+ refreshes by FY31In a bold move, Tata Motors is enhancing its electric vehicle roadmap, with the goal of achieving over 30% EV integration by FY31. The bran...