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INDIA EV PENETRATION RATE
EV retail sales rise 53% in August to 2.98 lakh units: FADAElectric vehicle retail sales in August grew 52.9 percent year-on-year. The two-wheeler segment led this growth with 1,83,204 units sold. E...
CNG, hybrids, electrics rule motown: Alternative powertrains beat petrol vehicles for the first time in India as August auto sales jump 18%Retail vehicle sales surged by eighteen percent year-on-year, reaching 2.42 million units last month. For the first time, alternative energ...
Alternative fuels overtake petrol in India’s car sales for first time as CNG, EVs and hybrids gain groundIn response to soaring fuel costs, consumers are now leaning towards alternative fuels like CNG, hybrids, and electric vehicles, resulting ...
India’s Rs 1 lakh crore digital-media boom: Two stocks ICICI Securities is betting onIndia’s digital media market crossed Rs 1 lakh crore in CY25 and is projected to grow rapidly through CY28, while television revenue declin...
GST reforms rewrote the auto stock map: Who won, who lost and where can investors still make money?The recent GST reforms have significantly impacted the automotive stock market following a rate cut announcement. Notably, Sona BLW Precisi...
Hyundai Motor India expects 30 pc sales to come from rural markets in 3-4 years: MD & CEOHyundai expects rural India to contribute around 30% of its sales within four years, up from 25.9% in Q1FY27. Rural sales grew 23% during t...
Novartis India to pursue therapy-aligned acquisitions; eyes expansion in Tier 2 and Tier 3 marketsNovartis India plans acquisitions and deeper market penetration for future growth. The company will focus on five key therapy areas for exp...
There’s a lot riding on cos getting rural 2-wheeler mix rightTwo-wheeler companies face complex rural stocking challenges for the upcoming festive season. Rural markets account for over half of indust...
India's passenger vehicle market tilts towards cleaner fuels; alternatives cross petrol: ReportCleaner-fuel vehicles now account for 42 percent of passenger car sales in India. This marks the first time these alternatives have outsold...
Kia looks to roll out multiple powertrains to meet India demandKia India is preparing electric, hybrid, and CNG models for the Indian market. The company acknowledges a huge burden in predicting custome...
Ola Electric shares gain 4% as EV maker rolls out first dealer-led storesOla Electric shares rose nearly 4% after the EV maker launched its first dealer-led stores across seven states. The move comes a month afte...
Govt wants automakers to plug gaps in highway EV chargingThe government wants automakers to take greater responsibility for expanding and maintaining India’s EV charging network, as nearly half of...
India’s EV push could slash annual oil and battery import bill by $125 billion by 2050: StudyIndia has the potential to save as much as USD 125 billion every year by 2050 through a swift transition to electric vehicles. The savings ...
Hyundai plans two new SUVs to reclaim no 2 spotHyundai plans to launch two new SUVs in the expanding mainstream segment. These new vehicles will help the company grow ahead of the indust...
Hyundai Motor India targets No. 2 spot with new SUVs, higher production capacityHyundai Motor India plans to launch two new SUVs, including an electric model, to boost sales. The company is increasing production capacit...
Hero MotoCorp, M&M, other auto stocks drop up to 5% despite strong August sales numbers. Should you buy the dip?Despite strong August sales data reflecting robust demand for passenger vehicles, auto stocks faced a notable drop. Maruti Suzuki and Tata ...
Milky Mist Dairy Food shares surge 10% on strong Q1 growthMilky Mist Dairy Food saw strong growth in its June quarter results. The company expects continued momentum through existing capacities and...
India EV sales jump 51% in August as robust demand drives electric car and 2W market growthIndia's electric vehicle market witnessed an impressive 51% year-over-year growth in August. Despite this surge, a 12% sequential decline w...
Ather Energy shares rally 4% after launch of Konarc electric scooter at Rs 99,999. Buy, sell or hold the stock?Ather Energy shares rose after the company launched its new Konarc electric scooter at a starting price of ₹99,999. The model will be offer...
India's EV market to reach Rs 20 lakh cr by 2030, will create 5 cr jobs: Nitin GadkariIndia's electric vehicle market is projected to reach twenty lakh crore rupees by 2030. This significant growth is expected to generate fiv...