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ELECTRIC VEHICLE MARKET COMPETITION
EV push to absorb over Rs 24,000 cr of automakers' capex in two years as electric car adoption accelerates: CrisilIndian passenger vehicle makers are expected to invest over Rs 24,000 crore in electric vehicles out of a planned Rs 60,000 crore capex acr...- Electric two-wheelers, private EV cars record highest registrations since 2019 in DelhiDelhi's electric vehicle market is booming. Electric two-wheelers and private electric cars have seen their highest registrations since 201...
- BYD to launch its hybrid SUV based on DM-i Hybrid tech with driving range of more than 1,200km in India: Check detailsBYD India is set to launch its first plug-in hybrid SUV, the Seal U, later this year, featuring the company's electric-first DM-i technolog...
- Xpeng boss to head robot unit with humanoid mass production imminentThe announcement follows market talk that Shi Xiaoxin, a core executive involved in the IRON project, had left the company earlier this mo...
- Jeep recalls over 1 million Wranglers and Gladiators that could catch fire even when parked with the ignition offNHTSA has issued an urgent alert for owners of nearly 1.1 million Jeep Wrangler and Gladiator vehicles (2021-2025) due to a potential fire ...
- Exponent Energy raises Rs 200 crore led by 360 ONE Asset, TDK VenturesExponent Energy, an EV charging startup, has secured Rs 200 crore in a funding round co-led by 360 ONE Asset and TDK Ventures. The company ...
- Seres-backed Saidou launches smart EV brand, partners with ByteDanceSaidou Technology, backed by Seres Group, has launched its AIVA artificial intelligence auto brand. The company is partnering with ByteDanc...
- Electric passenger vehicle retail sales jump 81.2% to 26,682 units in May: FADAElectric vehicle sales in India saw a significant surge in May. Passenger vehicle retail sales jumped 81.2 percent. Tata Motors led the ele...
- Vehicle retail sales jump 10% in May to 2.53 million units on rural demandVehicle sales saw a 10% jump in May, fueled by robust rural demand for cars and trucks. Passenger vehicle registrations surged in rural are...
- Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand aheadIndian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural mar...
- Tata Motors CV bets on exports, clean mobility for FY27 growthThe company said industry growth is expected to continue in FY27, albeit at a slower pace than the previous year, amid commodity cost press...
- India's electric scooter boom: Mass market adoption spreads beyond metrosElectric scooter sales are expanding beyond big cities into smaller towns and rural India. This shift signals a mass-market phase for elect...
- Tata Motors' expansion to go on, Iveco acquisition to help it rank among top 4 global CV makers: N ChandrasekaranTata Motors is gearing up for an ambitious global journey, aiming to redefine its role in emerging commercial vehicle markets, chairman Cha...
- Tata Motors chairman N Chandrasekaran sets target high for TaMo's PV businessTata Motors Chairman N Chandrasekaran has urged dealers to prepare for a significant growth phase, aiming to nearly double annual sales to ...
- Ola Electric raises Rs 780 crore via QIP, issue oversubscribed 56%The strong response came despite volatile equity markets and signals continued institutional confidence in Ola Electric's growth strategy, ...
- Tata Motors Passenger Vehicles should aim for over 20% market share by 2030: ChairmanWith its sights firmly set on claiming more than 20 percent of the market by 2030, Tata Motors Passenger Vehicles is poised to invest Rs 35...
- Tata Motors, Mahindra lead the pack as EV sales surge 79%India's electric car sales surged 79% in May. Tata Motors and Mahindra & Mahindra gained market share. Newcomer VinFast also saw growth. JS...
- Ola Electric launches QIP to raise funds, sets floor price at Rs 37.74 a shareOla Electric Mobility has launched its qualified institutional placement (QIP) and set a floor price of Rs 37.74 per share. The company may...
- BYD snaps longest streak of sales declinesVehicle sales globally grew 0.3% from a year earlier to 383,453 units last month, according to Reuters calculations based on a stock fili...
- BYD snaps longest streak of sales declinesChinese auto giant BYD has broken its sales slump. Global sales saw a slight increase in May, marking an end to an eight-month decline. Int...
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