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ELECTRIC VEHICLE MANUFACTURING
EaseMyTrip plans Rs 200 crore investment in EV bus manufacturing, targets 2,000 buses by FY28EaseMyTrip's subsidiary, Easy Green Mobility, plans to invest Rs 200 crore in electric mobility initiatives. The company aims to operate mo...- Battery PLI scheme achieves just 1.4 GWh capacity against 50 GWh target, faces delays: NITI Aayog reportThe report, titled "Impact Assessment of PLI Schemes", prepared by NITI Aayog in collaboration with IIM Ahmedabad, said the Rs 18,100 crore...
- Base metals lose momentum amid strong dollar and demand concernsOne of the key reasons behind the weakness in base metals is the strength of the US dollar. The Dollar Index (DXY) has climbed to the 103-1...
- Eicher Motors Q2 Results: Profit rises 15% YoY to Rs 1,573 crore, revenue jumps 20%Eicher Motors reported a 15% year-on-year rise in Q2FY27 consolidated net profit to Rs 1,573 crore, with record revenue of Rs 7,422 crore. ...
- Ola Electric shares sink 6% as Q2 revenue falls 39% YoY. What's next?Ola Electric shares fell over 6% after the company reported a 39% YoY decline in September-quarter revenue to Rs 421 crore, despite narrowi...
- Ola Electric Q2 revenue dips 39% as registrations slideOla Electric reported ₹421 crore in revenue for the September quarter, marking a 39% decrease from last year. The company ceased orders fro...
- Ola Electric’s Q2 revenue slumps 39% to Rs 421 crore, losses narrowThe company said it has stopped taking orders from its direct-to-consumer stores on Nov 1, and plans to close them by December. The company...
- Ola Electric says demand outstrips supply, targets 25,000 vehicles in DecemberOla Electric Mobility is experiencing high demand for its electric two-wheelers, causing supply constraints. The company plans to ramp up p...
- Ola Electric Q2 Results: Loss narrows YoY to Rs 362 crore, revenue falls 39%Ola Electric Q2 Results: The electric two-wheeler maker's revenue from operations fell 39% year-on-year (YoY) to Rs 421 crore from Rs 690 c...
- China's passenger car exports surge in October as domestic demand remains weakChina experienced a significant increase in car exports in October, primarily driven by electric vehicle demand. The country exported appro...
- India will need additional 25,000 EV fast chargers in next 3 years: Exicom CEOIndia is projected to require an increased number of DC fast chargers to support electric vehicle sales growth. An estimate suggests that a...
- DPIIT seeks Fillip for local mfg of 100 goods in budgetDPIIT has examined 500 heavily imported products to identify opportunities for boosting domestic manufacturing. The department plans to sha...
- Piyush Goyal meets Skoda Auto Volkswagen India CEO; talks focus on EV push, exportsCommerce Minister Piyush Goyal met a delegation led by Škoda Auto Volkswagen India CEO Piyush Arora to discuss expanding automobile exports...
- India's three-wheeler market takes an electric turn, with one in two new sales now EVsElectric three-wheelers are increasingly popular in India, with sales significantly rising and concerns about fossil fuels decreasing. Mahi...
- Force Motors to launch electric Traveller platform and ambulance by 2027, investing ₹3000 cr in EV technologyForce Motors intends to launch an electric version of the Traveller platform in the first quarter of 2027. An electric ambulance is expecte...
- Vehicle registrations fall 24% in October on high baseRegistrations of vehicles in October experienced a significant decline compared to the previous year's records. This drop was largely due t...
- 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...
- Kia India plans $1.5 billion investment in Andhra Pradesh to expand manufacturing operationsThe proposed investment is expected to significantly expand the company's manufacturing footprint at its Anantapur facility, where Kia curr...
- LG Electronics India enters automotive solutions business, plans manufacturing in Andhra PradeshLG Electronics India has received board approval to expand into automotive technology and manufacture vehicle solutions. The company plans ...
- Battery component makers may get up to 50% capital subsidyThe ministry of heavy industries is evaluating various subsidy models to enhance domestic battery component manufacturing capacity. Propose...
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