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ELECTRIC VEHICLE GROWTH IN INDIA
Mercedes plans bigger India play with greater localisation of partsMercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to ...- Indian car buyers trade up selectively as CNG, EVs gain ground over fuel; SUV growth reshapes price ladderIndian passenger vehicle sales have shown a pronounced shift towards higher price bands and alternative fuel options. The ₹12 lakh-20 lakh ...
- Nitin Gadkari says new Toyota Innova to be launched on November 26, running cost to be just Rs 25 per literUnion Minister Nitin Gadkari has announced that Toyota will launch a new bioethanol-powered Innova in India on November 26. The vehicle wil...
- Tata Motors-Iveco will focus on building a global CV business: N ChandrasekaranTata Motors announced its acquisition of Iveco Group to enhance its global commercial vehicle operations. The $4.32 billion deal aims to im...
- EV maker Eka plans production in line with infra readinessEka Mobility, a Pune-based electric vehicle maker, is facing delays with electric bus deliveries due to charging infrastructure issues. The...
- Electric car sales nearly double in OctoberElectric car sales in India nearly doubled year-on-year to 35,777 units in October, taking their share of passenger vehicle sales to 7% fro...
- India’s luxury car buyers are paying a premium for exclusivity, says JLR India MDIndia's luxury car market is increasingly rewarding exclusivity, with JLR India saying 15 of the 18 vehicles in its Rs 5-crore Range Rover ...
- Electric two-wheeler sales hit record 2.24 lakh units in October on festive demand, new modelsTVS Motor retained its leadership in October, nearly doubling registrations to 60,433 units and expanding its market share to 27% from 20.6...
- Sona Comstar expects annual investments to rise from Rs 500-600 cr as business grows: MDSona BLW Precision Forgings Ltd expects to increase its annual investments from Rs 500-600 crore as it grows. The company has introduced ne...
- Hero MotoCorp to increase EV capacity to 80,000 units per month by Q2 FY28By the end of March, Hero MotoCorp intends to enhance the production capacity of its Vida electric two-wheelers from 30,000 to 45,000 units...
- TVS Motor to make 80,000 electric two-wheelers a month as EVs capture over 20% of India's scooter marketTVS Motor Company plans to raise its electric two-wheeler manufacturing capacity to 80,000 units per month by March 2027 as sales surge and...
- Maruti Suzuki crosses EV exports of 50,000 units since August 2025Maruti Suzuki India reached a significant milestone by exporting more than 50,000 electric vehicles since August 2025. The company dominate...
- IIP growth eases to 4-month low in September as mining output contractsSeptember witnessed a decline in India's factory output growth, falling to 6.7%, the lowest rate observed in four months. The drop is large...
- Apache maker TVS Motor rides EV surge to record quarterly salesTVS Motor Company achieved its highest quarterly sales in the September quarter, largely due to electric vehicle demand. The company’s elec...
- Bajaj Auto Q2 Results: Profit jumps 35% YoY to Rs 3,354 crore; revenue up 34%Bajaj Auto Q2 Results: Revenue grew 34% YoY to Rs 20,003 crore for the first time, doubling over the past three years. The company also rep...
- Tata Motors, Amazon partner to deploy 3,000 electric trucks for ecommerce logisticsHeavy Industries Minister H D Kumaraswamy flagged off the initial fleet of trucks. "I congratulate Tata Motors and Amazon on this significa...
- Tata Motors, Amazon partner to deploy 3,000 electric trucks for e-commerce logisticsFlagging off the fleet, Heavy Industries Minister H D Kumaraswamy said that while electric passenger vehicles and two-wheelers have made en...
- Ather Energy swings to first quarterly profit as revenue rises 63%Revenue from operations rose 63% year-on-year to Rs 1,464.24 crore in the second quarter of FY27, compared with Rs 898.88 crore in the year...
- Tesla India sees robust profit and revenue growth in FY26Tesla India Motors and Energy achieved revenue of ₹247.3 crore and a net profit of ₹5.2 crore in FY26. Vehicle sales constituted nearly 87%...
- Hyundai Motor India to hike production capacity to 1.14 mn units by 2030,boost localisationHyundai Motor India plans to raise annual production capacity to 1.14 million vehicles by 2030 and increase localisation to 92% by 2032 as ...
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