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ELECTRIC THREE WHEELERS
Centre extends e2w subsidies under PM E-DRIVE till March 2028, boosts outlay to Rs 11,900 croreGovernment subsidies for electric two-wheelers will continue until March 2028. The PM E-DRIVE scheme now has an additional ₹1,000 crore all...
Electric two wheeler subsidies extended till March 2028Electric two-wheeler subsidies are extended by the government until March 2028. An incentive of up to Rs 5,000 per vehicle will continue un...
Dhoot Transmission IPO Day 2; GMP signals 30% listing gain - Should you subscribe?The Rs 3,066.89-crore Dhoot Transmission IPO entered its second day of bidding on Tuesday, August 11, with the grey market premium signalin...
Vijay Kedia-backed Atul Auto shares fall 9% despite nearly 4x YoY surge in Q1 profitVijay Kedia-backed Atul Auto shares fell 9% despite a nearly four-fold year-on-year jump in Q1 FY27 net profit. Revenue rose 43%, supported...
Auto correct: How electrification is rewiring the humble autorickshaw in more ways than oneElectric three-wheelers are reshaping India's last-mile mobility sector. Lower running costs and reduced maintenance are driving this signi...
Dhoot Transmission raises Rs 918 crore from 72 anchor investors ahead of Rs 3,067-crore IPODhoot Transmission has raised Rs 918 crore from 72 anchor investors ahead of its Rs 3,067-crore IPO, with domestic mutual funds accounting ...
Ola Electric's Q1 revenue drops 45% YoY but loss narrows to Rs 336 croreOla Electric faced a significant downturn in its June quarter operations, reporting a steep forty-five percent decline in revenue compared ...
EV retail sales break record at 3,27,901 units in July: FADAIndia's electric vehicle retail sales hit a record 3,27,901 units in July. This represents a significant 66 percent year-over-year growth f...
July auto retail sales hit record high on rising rural demandVehicle registrations saw a significant 26% year-on-year increase in July. This performance marked the best-ever July for all vehicle segme...
Auto sales hit record 2.59 million units in July, rise 26% year-on-yearJuly saw vehicle registrations hit an all-time high, fueled by strong consumer demand after the GST cuts. Sales of two-wheelers climbed by ...
Auto industry total retail sales up 26 pc at 25,91,138 units in July, says FADATotal automobile retail sales in India grew by over twenty-five percent year-on-year in July. Passenger vehicle sales increased nineteen pe...
Alternative fuels now within striking distance of petrol in passenger vehicle market, says FADAAlternative fuels are closing in on petrol's share in India's vehicle market. CNG leads the alternative fuel segment, followed by hybrids a...
Bain Capital-backed Dhoot Transmission bets on India EV shift to drive growthIPO-bound Dhoot Transmission expects India's shift to electric vehicles to be its biggest growth driver as it expands its EV-focused produc...
Mutual funds increase stake in Ather Energy for 5th straight quarter. Bigger rally brewing?Domestic institutional investors have steadily increased their Ather Energy stake for five quarters. Ather Energy's production facilities o...
Dhoot Transmission sets IPO price band at Rs 829-871; issue to open on Aug 10Dhoot Transmission Ltd. will launch its Rs 3,066.89-crore IPO on August 10, 2026. The company plans to use IPO proceeds for debt repayment ...
Battery Smart may file IPO papers in September-October; eyes 70-80% annual growthBattery Smart is preparing to file draft papers with Sebi for an initial public offering. The company targets substantial annual growth ove...
RoadGrid gets government backing to expand EV charger manufacturingRoadGrid India received Rs13 crore funding from the Technology Development Board. This investment will establish a manufacturing facility f...
Greaves Electric Mobility’s Rs 530 crore rights issue offer gets fully subscribedGreaves Electric Mobility's Rs 530 crore rights issue was fully subscribed by existing shareholders, reinforcing confidence in the EV maker...
TVS Motor EV sales jump 158% to record high in July as pricey fuel drives demandTVS Motor Company saw electric two-wheeler sales jump 158 percent year-on-year in July. Overall sales increased 38 percent, reaching the hi...
Mahindra Last Mile raises ₹322 crore at unicorn valuationMahindra Last Mile Mobility has achieved unicorn status after a substantial funding round. This investment solidifies their leadership in I...