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AUTO AND ELECTRIC VEHICLE INCENTIVES
In 1912, Cadillac fitted 12,000 cars with Charles Kettering's electric self-starter; the hand-crank era ended, and ordinary drivers could finally start a car safelyIn the early days of the automobile, drivers faced a daunting ritual every time they wanted to hit the road. Cranking the engine by hand wa...
E-Ambulances will get up to 35% PM E-DRIVE subsidyThe government will subsidise electric ambulances. This support is up to 35% of the ex-factory price. Rs 500 crore is allocated for 3,811 e...
At Hong Kong auto show, China automakers target wealthy in right-hand-drive marketsChinese car companies are targeting wealthy buyers in right-hand-drive nations. They are introducing premium electric vehicles to new marke...
JBM Auto secures Rs 750 crore investment for e-bus deploymentJBM Auto's unit has secured a significant Rs 750 crore long-term investment from Motilal Oswal to deploy 2,000 e-buses and bolster India's ...
ET Prime Special Series: Multibagger or IBC - Part 63: This engine parts maker is now chasing aerospace, defenceSome auto ancillary stories are best understood by products. This one is best understood by buckets. The first bucket is still old auto, an...
NSE IPO to create significant value for investors; Tata Motors a strong long-term bet: Dipan MehtaDipan Mehta of Elixir Equities views the National Stock Exchange's IPO as a significant event for India's capital markets, promising greate...
JBM Ecolife raises Rs 900 crore from Motilal Oswal Fund for biz expansionJBM Ecolife Mobility, JBM Auto's electric mobility arm, secured ₹900 crore from Motilal Oswal Private Credit via debt and equity. This fund...
EV industry seeks financing, payment security support to drive adoptionElectric vehicle makers are asking the government for better financing and payment security. This is to speed up the use of electric vehicl...
Tesla opens first Telangana experience centre, brings 2026 Model Y range to HyderabadTesla has opened its fifth Experience Centre in India, located in Hyderabad. This new facility showcases the 2026 Model Y Premium Rear-Whee...
JLR sets out path to double-digit revenue growth through greater propulsion flexibility, North America pushJaguar Land Rover is launching a new growth plan. The company will offer more engine choices, including electric and hybrid options, for it...
Time for investors and traders to think alike? 7 Nifty Auto stocks with an upside potential of up to 19%There are sectors that have not quite followed the war script. Take the auto sector, for instance. A surge in oil prices is supposed to be ...
Japan company to set up rare earths magnet unit in Andhra PradeshJapan's Proterial will invest ₹2,250 crore to build a rare earth magnet plant in Andhra Pradesh. This facility will produce vital component...
Poland teams up with Foxconn to build EVs: PM TuskPoland's government will partner with Taiwan's Foxconn to build electric cars. The venture aims to produce 400,000 electric SUVs each year....
EV demand surges in India as fuel prices rise; Maruti, Mercedes-Benz face delivery delaysElectric car demand is surging across India. Manufacturers are unable to meet this sudden rise, causing wait times of up to three months fo...
Tata Motors to increase prices of its cars & SUVs from July 1Tata Motors Passenger Vehicles will raise prices of its entire passenger vehicle range, including ICE and electric models, by up to 1.5% fr...
Mahindra's SUV output dips up to 15% in June amid supply chain worker crunch; XUV 7XO, Thar production hitMahindra & Mahindra is experiencing a significant drop in SUV production. A shortage of contract workers is affecting key parts suppliers. ...
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...
Gujarat to introduce ‘Ultra Mega’ category in new industrial policyGujarat is introducing a new 'ultra mega' industry category. This requires at least Rs 10,000 crore investment and 3,000 jobs. The state is...
China’s EV boom is cleaning the air, and may have prevented 262,000 deathsElectric vehicles are proving to be life savers. Studies show China's shift to electric cars has prevented thousands of premature deaths. A...
Electric passenger vehicle retail sales jump 81.2% to 26,682 units in May: FADAElectric vehicle sales in India saw a significant surge in May. Passenger vehicle retail sales jumped 81.2 percent. Tata Motors led the ele...