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ELECTRIC VEHICLE INCENTIVES
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...- PM E-DRIVE scheme to run till Mar 31, 2028; electric two-wheeler incentive capped at Rs 5,000In a strategic move to encourage electric vehicle usage, the government has prolonged the PM E-DRIVE Scheme until March 2028, though incent...
- L&T plans to manufacture rare-earth magnets in India to challenge China’s dominanceLarsen & Toubro is planning to bid for India’s incentives to manufacture rare-earth magnets domestically, people familiar with the matter s...
- Yulu, Bounce chase fresh funds; MPs target social mediaHappy Tuesday! Yulu and Bounce Infinity are back in the funding market as rising delivery demand gives them a fresh boost. This and more in...
- Ola Electric auditor flags Rs 57 crore PLI penalty reversal in Q1 resultsOla Electric's auditor raised concerns regarding the reversal of a Rs 57 crore penalty related to missed investment milestones under PLI wi...
- Ola Electric loss narrows to Rs 336 crore, revenue down 45%The Bhavish Aggarwal-led company reported revenue from operations of Rs 455 crore for the June quarter, down from Rs 828 crore a year earli...
- Volkswagen plans US reboot with pickup, new leadership: ReportVolkswagen is planning a significant overhaul of its United States strategy. New management will lead the company's revised product offerin...
- Centum Electronics to invest Rs 500 crore in Karnataka: MB PatilCentum Electronics will invest five hundred crore rupees in Karnataka. A new aerospace and defence electronics manufacturing facility will ...
- 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...
- Electric scooter startup River Mobility raises $120 million to deepen premium playThe fresh capital will be used to expand River Mobility’s manufacturing capacity, set up a new greenfield factory and launch new products, ...
- EV industry to generate up to 40 mn jobs by 2030: ReportIndia's electric vehicle (EV) sector is expected to generate30-40 million jobs by 2030, with hiring likely to grow15-20% annually, accordin...
- Ather Energy share price target goes up to Rs 1,714. What are CLSA, Nomura, and HSBC saying?Ather Energy shares surged up to 18% after the electric two-wheeler maker reported a sharp improvement in its June-quarter performance, pro...
- Ather Energy shares zoom 18% after Q1 results. Why is it Nomura's top 2-wheeler pick?Ather Energy shares rose sharply on Tuesday after the electric two-wheeler maker sharply narrowed its June-quarter loss and reported strong...
- Delhi EV registrations hit 2026 high in July after new policyElectric vehicle registrations in Delhi reached a new high of 10,719 units in July. This surge followed the notification of the Delhi gover...
- Keto Motors unveils Urbanova KE9, marking its entry into India's commercial electric bus segment
- Tesla's European registrations uneven in July despite broader EV momentumOverall registrations of new battery-electric cars rose 51% in June, data from the European Automobile Manufacturers' Association showed. ...
- Next ECMS tranche may greenlight rare earth magnet plantsRare earth permanent magnets (REPMs), made using elements like neodymium and dysprosium, are essential for modern electronics manufacturing...
- DoT, Madhya Pradesh sign MoU for telecom manufacturing zone in GwaliorThe Department of Telecommunications and Madhya Pradesh government signed an agreement for a new manufacturing zone. This Gwalior facility ...
- Delhi's electric dream meets a charging realityDelhi aims to make most new vehicles electric by 2027. The policy offers subsidies and registration fee waivers for electric vehicle buyers...
- Alternate fuel penetration in Indian CV industry to touch 40-45% by FY30: ICRAThe rise in EV penetration in the commercial vehicles (CV) industry is led primarily by the bus segment within the M&HCV (medium and heavy ...
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