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EV TWO WHEELER MARKET
Electric two-wheelers, private EV cars record highest registrations since 2019 in DelhiDelhi's electric vehicle market is booming. Electric two-wheelers and private electric cars have seen their highest registrations since 201...
Exponent Energy raises Rs 200 crore led by 360 ONE Asset, TDK VenturesExponent Energy, an EV charging startup, has secured Rs 200 crore in a funding round co-led by 360 ONE Asset and TDK Ventures. The company ...
Ather board to consider fresh fundraise on June 12The fundraising could be undertaken through routes including a qualified institutional placement (QIP), a rights issue or other permissible...
Vehicle retail sales jump 10% in May to 2.53 million units on rural demandVehicle sales saw a 10% jump in May, fueled by robust rural demand for cars and trucks. Passenger vehicle registrations surged in rural are...
India's EV penetration crosses 11% for first time as auto retail sales hit record in MayIndia's auto sales reached a record in May, growing 9.55 percent. Electric vehicle penetration surpassed 11 percent for the first time. Dea...
India's electric scooter boom: Mass market adoption spreads beyond metrosElectric scooter sales are expanding beyond big cities into smaller towns and rural India. This shift signals a mass-market phase for elect...
Market turns selective as earnings diverge; power, EVs and midcaps emerge as key bets: Siddhartha KhemkaSiddhartha Khemka believes Indian markets have become increasingly stock-specific as earnings trends diverge across sectors. He remains pos...
Bullish on autos? Siddhartha Khemka picks Maruti Suzuki and Samvardhana MothersonIndia’s auto sector started FY27 on a mixed note, with passenger vehicles and tractors showing resilience while two-wheelers and commercial...
Hyundai Motor India to roll out its first mass-market EV from Chennai facility this yearThis year, Hyundai Motor India will unveil two innovative vehicle models sourced from its Chennai plant, featuring the company’s first budg...
India to soon unveil incentives for lithium, nickel processing with around Rs 3,000 crore outlay, sources sayIndia's Ministry of Mines is preparing to introduce a new policy. This policy will offer incentives for processing lithium and nickel. The ...
'Hero will benefit if fuel efficiency is top of mind': Hero MotoCorp CEOHero MotoCorp reports no domestic demand slump despite global challenges. The company is aggressively expanding its operations. CEO Harshav...
Maruti hits all-time monthly sales high; CNG bookings jump 40%, EV demand doublesMaruti Suzuki achieved its highest-ever monthly sales in May, driven by strong performance across all segments, including a significant sur...
Ola Electric sees 23 pc growth in monthly registrations in MayOla Electric saw a significant jump in vehicle registrations last month. May Sales increased by 23 percent compared to April. This growth o...
Electric two-wheeler sales cross 150,000 in May amid fuel price riseThe recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts,...
EV-maker Simple Energy raises Rs 250 crore, eyes IPO in FY28 second halfBengaluru-based Simple Energy has secured Rs 250 crore in funding to boost manufacturing capacity and expand its retail network. The electr...
India's electric scooter market regains charge after April slowdownIndia's electric two-wheeler market saw a strong rebound in May. Registrations rose significantly, recovering from a dip in April. Major pl...
EV demand charges ahead but supply runs lowIndia's electric car and two-wheeler demand has nearly doubled. High fuel prices are driving consumers to switch. This surge has created a ...
Ola Electric eyes commercial EV launch for gig workers amid quick commerce boomSources said the company received approval for the new vehicle in early February and is expected to launch the model in the coming quarters.
Ola Electric secures approval for commercial e-scooter launchOla Electric has received government approval for a new electric scooter designed for commercial use. This move signals Ola Electric's pote...
India to strengthen EV shield against oil imports with fresh subsidies: ReportThe government is set to significantly boost subsidies for electric two-wheelers. This move under the PM E-Drive scheme aims to promote cle...