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EV push to absorb over Rs 24,000 cr of automakers' capex in two years as electric car adoption accelerates: CrisilIndian passenger vehicle makers are expected to invest over Rs 24,000 crore in electric vehicles out of a planned Rs 60,000 crore capex acr...- India auto wholesales expected to sustain uptrend across segments through FY26–28: NuvamaIndia's automotive sector is set for sustained growth trajectories over the next two fiscal years, with passenger vehicles and two-wheelers...
- Jefferies raises target price of auto ancillary stock that's venturing into aerospaceJefferies has increased its target price for Belrise Industries to Rs 250, maintaining a positive outlook. The auto component maker is expe...
- Two-wheelers, tractor volumes to outpace passenger vehicles and trucks in FY25-27: JefferiesThe volume of two-wheelers (2Ws) and tractors will grow at a compounded annual growth rate (CAGR) of 13 to 15 per cent, outpacing passenger...
- Govt launches PM E-DRIVE subsidy scheme with Rs 10,900 cr outlayThe government has introduced the PM E-DRIVE Scheme to encourage electric vehicles' adoption and infrastructure development. The scheme wil...
- Can Indian electric two-wheelers challenge China's dominance?India's electric two-wheeler market is booming, but exports remain minimal. Transport Minister Nitin Gadkari sees potential for India to be...
- Electric two-wheeler adoption in India rising, 13% share expected by 2026-27: JefferiesThe adoption of electric two-wheelers in India is gradually increasing, with their market share expected to rise to over 13% by 2026-27, ac...
- PM e-drive scheme to aid in faster adoption of EVs: M&M, Tata MotorsIndian auto giants Mahindra & Mahindra and Tata Motors have praised the PM e-drive scheme, which aims to boost electric vehicle adoption wi...
- Automobile industry hails PM e-DRIVE scheme to promote EVsChandra said, "This forward-thinking initiative reflects the Government's unwavering support for India's transition to electric mobility, f...
- Government extends subsidy on two- and three-wheeler EVs until Sept 30The central government has extended the 'Electric Mobility Promotion Scheme 2024' until September 30 and increased its budget to Rs 778 cro...
- What's draining the juice out of electric two-wheeler makers' batterySales of e2Ws plummet due to policy inconsistencies, supply chain issues with Chinese suppliers, and expectations for FAME III rollout, imp...
- EV sales soar 40.31 per cent in FY24, two-wheelers lead the chargeElectric two-wheelers (E2Ws) and electric three-wheelers (E3Ws) were the main contributors, representing 94 per cent of all EV sales. The E...
- How to choose right battery for Electric two-wheelersBeing the prime energy source of an EV, batteries determine the range, speed, and cost of the EV. Therefore, while choosing the battery for...
- EV industry body seeks Parliamentary panel's intervention in release of pending subsidiesThe industry body said the EV segment has been besieged by irritants designed to disturb the momentum of the FAME 2 scheme.
- We prefer 4Ws over 2Ws in auto space; Ashok Leyland, Maruti top picks: Siddhartha KhemkaThe waiting period has started easing across models, but still remains high for XUV700 and Scorpio N. Inventory in the system is 15-20 days...
- Electric vehicles sales in India to touch 10 lakh units this year: SMEVIn 2021, the sales of electric two-wheelers (E2Ws) in the country jumped over two-fold at 2,33,971 units driven by a good traction of high-...
- 'Higher incentives on electric 2-wheelers to reduce price gap with conventional vehicles'In the latest modifications to the Faster Adoption and Manufacturing of Electric Vehicles in India scheme (FAME II), the government has inc...
- Welectric partners with MoEVing to accelerate adoption of electric vehiclesTo kick-off the partnership, Welectric is delivering 60 e2Ws to MoEVing in Bangalore. Both companies plan to scale up this partnership to o...
- Electric 2-wheeler space ready for disruption with entry of OEMsIn line with this, the e-three wheeler (e-3W) segment is also nearing an inflation point as it is almost at par with the CNG-run three-whee...
- Electric two-wheeler sales remain tepid despite government subsidy: Icra"The demand and volumes of e-2Ws have witnessed a very lackadaisical growth in recent years despite the government's thrust on adoption of ...
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