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ELECTRIC VEHICLE MANUFACTURING ECOSYSTEM
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...- RSWM, Spain's NDS9 form JV to set up Rs 186 crore premium apparel facilityRSWM Ltd and Noize Design Studio have formed a joint venture for premium apparel. LNJ NDS9 Global Private Ltd will focus on denim and activ...
- 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 seek funds as gig-EV rentals zoomBajaj Auto-backed Yulu is in talks with GEF Capital and One Planet Partners to raise the funds at a valuation of about $250 million, up fro...
- Ethanol, EVs must coexist in India's clean mobility transition; E20 mileage impact limited: IFGEIFGE said India needs a diversified energy strategy comprising ethanol, electric vehicles, hybrids, CNG and hydrogen, particularly as nearl...
- 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...
- Parliament Watch: MSME Bill clears Lok Sabha, eyes faster payment recoveryThe Lok Sabha approved the MSME Development Amendment Bill, 2026, aiming to resolve payment delays. This new law mandates public sector uni...
- 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...
- 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...
- Xiaomi India launches Mijia sub-brand, plans big push into home appliancesXiaomi India is launching its Mijia sub-brand for home and lifestyle products. This move aims to diversify the company's offerings beyond d...
- 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...
- Karnataka to focus on nanotech, AI, semiconductors for growth: Chief minister DK ShivakumarThe chief minister said nanotechnology has become a foundational technology with applications across healthcare, electronics, energy, agric...
- Delhi NCR emerges as the largest logistics and industrial marketDelhi-NCR emerged as India's largest logistics and industrial real estate market in the first half of 2026, with 8.7 million sq ft (MSF) of...
- 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...
- 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...
- Keto Motors unveils Urbanova KE9, marking its entry into India's commercial electric bus segment
- 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...
- Foxconn signals India’s shift to high-value manufacturing“India is a huge market for us. That’s why we have so many new footprints in the past three or four years, and there are still things to co...
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