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ELECTRIC VEHICLE MARKET GROWTH
Explained: Why aluminium is emerging as manufacturers' preferred alternative to copperRecord copper prices are accelerating manufacturers' shift toward aluminium, driven by lower costs and lighter weight. Automakers are expan...
UK electric car market share hits 30% in June: industry dataIn a significant surge, British new car registrations climbed 15% in June. Battery electric vehicles are making strong inroads, capturing a...
Rs 1 lakh crore on crude imports will be saved by 2030, as 35 lakh EVs will replace petrol vehicles: SBI ReportIndia is poised for a significant electric vehicle surge, with an estimated 35 lakh petrol vehicles to be replaced by EVs between 2027-2030...
Auto demand remains strong, but OEM margins may stay under pressure in H1 FY27Indian auto sector anticipates strong demand across all vehicle types, though automakers may see profit margins squeezed in early FY27. Who...
Russian fuel crisis prompts rush for Chinese electric carsRussian drivers are flocking to Chinese electric vehicles amid severe fuel shortages caused by escalating Ukrainian strikes on energy infra...
Tata Motors PV Q1 update: Sales jump 46%; JLR volumes hit by supply disruptions and Middle East conflictTata Motors reported a 46% rise in passenger vehicle sales for the June quarter, driven by strong demand and record EV sales. However, Jagu...
Ola Electric shares in focus as Q1 registrations nearly double sequentially to 43,719 unitsOla Electric Mobility registered 43,719 vehicles in Q1 FY27, nearly doubling from 22,252 in the previous quarter, driven by strong demand a...
Domestic car sales surge in June on tax cuts, lower interest rates & strong demandIndian car sales surged over 24% in June, marking a strong third consecutive month of double-digit growth. This boom, fueled by tax cuts an...
Electric vehicle sales gain speed as costlier fuel and better infrastructure drive adoptionElectric vehicle sales are accelerating, with e-cars more than doubling registrations in June and the June quarter seeing an 89% surge. Thi...
E2W sales climb 19% in June to 1.81 lakh unitsOverall, June EV sales grew 75.27% year-on-year (YoY) to around 1.86 lakh units from 1.06 lakh units in the same period last year. TVS Moto...
New EV Policy: Delhiites to get subsidy in 60 days of owning e-vehicleDelhi's new EV Policy promises subsidies within 60 days for electric vehicle buyers, including two-wheelers up to Rs 2.25 lakh. Incentives ...
Tata Motors Passenger Vehicles' June sales jump 69%; EV volumes more than doubleTata Motors Passenger Vehicles witnessed a remarkable 69% surge in June sales, reaching 63,083 units, propelled by strong demand and a doub...
EVs to account for 10% of India's car market by FY28, says Tata Motors' Shailesh ChandraElectric cars are poised to capture nearly 10% of India's passenger vehicle market by the end of fiscal year 2027, according to Tata Motors...
Ola Electric nearly doubles QoQ registrations in Q1 FY27; June vehicle tally rises to 16,144Ola Electric witnessed a significant surge in electric two-wheeler registrations, nearly doubling in the April-June quarter to 43,719 units...
Ola Electric doubles QoQ growth in Q1 FY26; June vehicle registrations at 16,144 unitsOla Electric witnessed a significant surge in electric two-wheeler registrations during the April-June quarter, nearly doubling from the pr...
KKR in talks with JSW to drive in MG Motors JV with $400 mn investmentA combination of primary infusion and secondary share sale is planned as valuation doubles to $3 billion in 3 years. Sajjan Jindal led grou...
Tata Motors CV can cross 1 million vehicles after Iveco deal: N Chandrasekaran at AGMTata Motors Commercial Vehicles anticipates exceeding one million annual sales post-Iveco acquisition, projecting a global top-four ranking...
India's electric car sales set to cross 3 lakh units for first time in 2026: ReportIndia's electric passenger vehicle market is poised for a significant leap, projected to surpass 3 lakh annual sales in 2026. This surge is...
Auto ancillary sector revenue grew 12.5% in FY26 on volume gains and improved product mix: ReportIndian auto ancillaries witnessed robust revenue growth of 12.5% in FY26, driven by strong volumes and a better product mix. While EBITDA a...
Tata Motors Passenger Vehicles to accelerate EV push with 4 new models, 10+ refreshes by FY31In a bold move, Tata Motors is enhancing its electric vehicle roadmap, with the goal of achieving over 30% EV integration by FY31. The bran...