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Ola Electric approves Rs 1,500 crore fundraise; COO Hyun Shik Park quitsOla Electric plans to raise up to Rs 1,500 crore through various share issuance methods. This significant fundraise follows a recent Rs 780...- Electronics to make up 50-55% of car cost by 2030, signalling major localisation opportunity: BCG-ACMAElectronics will form over half of a car's cost by 2030. This presents a significant opportunity for Indian auto component makers. Vehicles...
- 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...
- Ola Electric opens first dealer-led stores across IndiaOla Electric has launched its first dealer-operated stores across India. This strategic shift aims to deepen its product ecosystem nationwi...
- 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...
- Ola Electric opens first batch of dealer-led stores, targets 500+ outletsOla Electric has opened its first dealer-operated stores across seven Indian states. This strategic shift aims to deepen its presence in re...
- 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...
- Many more Mercedes-Benz launches coming in 'key growth market, tech hub' India: CEO Ola KalleniusMercedes-Benz Group CEO Ola Kallenius said India has become a key growth market and technology hub for the company, with the automaker plan...
- India needs faster EV transition in trucks, buses, domestic capacity in critical tech: PM adviserIndia must accelerate electric mobility, particularly for trucks and buses, to enhance energy security. The next five years are critical fo...
- Ola Electric board to meet on September 5 to consider fresh fundraiseThe company said its board will consider various permissible routes for the proposed fundraising, including a private placement, qualified ...
- JLR opens bookings for Range Rover Electric in IndiaBookings are now open for the electric Range Rover in India, courtesy of Jaguar Land Rover. A token amount of ten lakh rupees will allow cu...
- 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...
- Your EV is carrying six invisible passengers? EU data shows how electric cars differ from petrol & diesel vehiclesElectric vehicles are considerably heavier than their petrol-powered counterparts, mainly because of the added weight of their battery syst...
- Tata Motors sees strong electric CV demand, expects China cell supply bottleneck to ease by quarter-endTata Motors expects strong demand for its electric commercial vehicles to continue growing. The company anticipates resolving battery cell ...
- Ola Electric gets Rs 95.8 crore PLI incentive, third consecutive yearOla Electric has secured a Rs 95.81 crore incentive under the government’s Production Linked Incentive (PLI) scheme for automobiles and aut...
- Ola Electric gets Rs 95.81 crore PLI incentive for second straight yearOla Electric secured Rs 95.81 crore under the PLI-Auto Scheme for FY 2026-27. This incentive follows a previous sanction of Rs 366.78 crore...
- Mahindra Group expands Battery-as-a-Service model to entire eSUV portfolioMahindra Group has expanded its Battery-as-a-Service model across its entire eSUV portfolio. This flexible ownership option lowers upfront ...
- Ola Electric shares rally over 5%, rebound 79% from March low. Here’s what’s driving the stockOla Electric shares rallied on Friday after the EV maker launched its new S1Z scooter range with indigenous Bharat Cell LFP technology. The...
- Ola Electric brings indigenous Bharat Cell LFP tech to mass market with all-new S1ZOla Electric introduces the S1Z scooter featuring indigenous LFP battery technology. This new range aims to bring advanced technology to th...
- India plans Rs 13,000 crore in aid to spur battery parts outputIndia's new plan aims to reduce reliance on Chinese producers and boost local manufacturing. The government sees fostering a domestic batte...
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