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EV SUBSIDIES
- Auto industry remains a key driver of growth for India's economy: SIAM presidentIndia's automotive sector achieved record domestic sales across multiple segments in FY2025-26. Passenger vehicles and two-wheelers saw the...
EV subsidies to end in coming years, auto companies must prepare: Heavy Industries SecyAs stated by officials, government subsidies for electric vehicles will phase out in the coming years. It is imperative for automobile comp...- China’s bold bet on green hydrogen could determine fuel’s futureChina is making a substantial investment in green hydrogen technology. This ambitious plan aims to significantly increase operational capac...
- How U.S. military funding propelled China's robot dogsThe rise of Unitree, a Chinese company known for its impressive robot dogs, can be attributed to research breakthroughs funded by the US mi...
- Himadri Speciality Chemicals sets Rs 3,000 cr revenue target for its arm Birla TyresHimadri Speciality Chemicals plans to grow Birla Tyres to Rs 3,000 crore revenue. The company will focus on premium products and expanding ...
- PM E-DRIVE scheme to run till Mar 31, 2028; electric two-wheeler incentive capped at Rs 5,000In a strategic move to encourage electric vehicle usage, the government has prolonged the PM E-DRIVE Scheme until March 2028, though incent...
- Kaynes Tech shares crash 8% after weak Q1 results: What are Nomura and Motilal Oswal sayingKaynes Technology shares tanked 8% after the electronics manufacturing services firm reported a 24.4% YoY decline in Q1 FY27 net profit to ...
- Impact Fund Denmark set to buy up to 20% stake in Greencell Mobility for ₹500 croreIn an exciting development, Impact Fund Denmark plans to invest in Greencell Mobility, potentially acquiring a considerable share of the el...
- Electric scooter startup River Mobility raises $120 million to deepen premium playThe fresh capital will be used to expand River Mobility’s manufacturing capacity, set up a new greenfield factory and launch new products, ...
- EV industry to generate up to 40 mn jobs by 2030: ReportIndia's electric vehicle (EV) sector is expected to generate30-40 million jobs by 2030, with hiring likely to grow15-20% annually, accordin...
- Automatic for the people: Rising incomes reshape India's car marketAs incomes rise and family earnings change, India's automotive market is poised for a notable shift. In the coming decade, middle-income ho...
- Delhi EV registrations hit 2026 high in July after new policyElectric vehicle registrations in Delhi reached a new high of 10,719 units in July. This surge followed the notification of the Delhi gover...
- Keto Motors unveils Urbanova KE9, marking its entry into India's commercial electric bus segment
- Mideast war supercharges electric car sales: IEASoaring fuel prices due to the Mideast war have supercharged sales of electric cars in the second quarter, the International Energy Agency ...
- Delhi's electric dream meets a charging realityDelhi aims to make most new vehicles electric by 2027. The policy offers subsidies and registration fee waivers for electric vehicle buyers...
- BYD launches EV mini-car in JapanBYD has launched the Racco electric mini-car in Japan, priced below 2 million yen before subsidies, aiming to revive weak sales and boost b...
- 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 ...
- Global Earnings | Hyundai Motor reports 21% drop in Q2 profit, misses forecastsHyundai Motor reported a significant profit drop in the second quarter. Weaker vehicle sales and production disruptions impacted the compan...
- Goa govt plans up to 50% subsidy on EVs for bike taxi, autorickshaw operatorsThe Goa government will offer up to a 50% subsidy on electric vehicles for licensed motorcycle pilots and autorickshaw operators, while set...
- China's exports surge 27% from a year earlier as AI boom drives strong demandChina's exports jumped twenty-seven percent in June, driven by strong artificial intelligence demand. Imports also surged significantly, re...
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