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ELECTRIC VEHICLE SALES
Tesla India sees robust profit and revenue growth in FY26Tesla India Motors and Energy achieved revenue of ₹247.3 crore and a net profit of ₹5.2 crore in FY26. Vehicle sales constituted nearly 87%...
Hyundai targets 2.5 lakh annual Creta, Bayon sales as it steps up India SUV pushBy FY27, Hyundai Motor India plans to roll out two mass-market SUVs, with one being an electric model. The firm anticipates selling 250,000...
Nearly half of Indian two-wheeler buyers eye EVs: BCG reportAround 43 percent of two-wheeler buyers are considering electric vehicles, showing a notable increase since 2024. The outright rejection of...
SoftBank sells 1.21 crore Ola Electric rights entitlements as EV maker seeks to raise Rs 1,000 croreSoftBank sold nearly 28% of its Ola Electric rights entitlements over two sessions as the company launched a Rs 1,000-crore rights issue. M...
Hyundai Motor India to hike production capacity to 1.14 mn units by 2030,boost localisationHyundai Motor India plans to raise annual production capacity to 1.14 million vehicles by 2030 and increase localisation to 92% by 2032 as ...
Hyundai reveals ambitious plan at new Bayon launch; Creta to be part of big push as wellThe mid-size utility vehicle category, comprising SUVs and MPVs measuring 4-4.4 metres in length, recorded sales of around 9 lakh units in ...
Volkswagen freezes India EV investment as JSW partnership talks continueVolkswagen has paused further investment in its India electric-vehicle programme pending greater clarity on a potential partnership with Sa...
Tesla pitches Model Y at Rs 19,990 a month after fuel savings, with Rs 6 lakh down paymentTesla is offering its Model Y electric SUV at an advertised effective monthly cost of Rs 19,990 during a three-day sales carnival from Octo...
E-bike startup Ultraviolette targets 10,000 monthly sales by 2027-endE-scooters account for close to 20% of new scooter sales in India, while electric motorcycles make up less than 1% of new motorcycle sales,...
Motilal Oswal entities apply for 2.39 crore Ola Electric shares in Rs 1,000-crore rights issueMotilal Oswal Financial Services and Calliope Capital Advisors have put in their bids for shares in Ola Electric Mobility's latest rights i...
Technology overtakes brand in influencing India’s car-buying decisions: ReportTechnology and advanced features have outpaced brand loyalty in influencing car purchases among Indian consumers. A recent Bain & Co survey...
Navratri vehicle sales hit a speed bump, but EVs race ahead 27%: FADAVehicle retail sales in India experienced a year-on-year decline of 6.52% during Navratri. Passenger vehicle and two-wheeler sales contribu...
Volkswagen bet on Xpeng to save its China business. It's not going to planVolkswagen’s ID. UNYX 08 electric SUV sold poorly, achieving only 267 units per month since its launch. The automaker initially aimed for 3...
Carmakers gear up with multi-powertrain models as Indian buyers shift beyond petrol, dieselCar manufacturers are expanding powertrain offerings by introducing electric, CNG, hybrid, and petrol options. Companies like Renault and S...
Honda Motorcycle & Scooter India expects FY27 domestic sales volume at 6 million unitsHonda Motorcycle & Scooter India aims to increase domestic sales to 6 million units by March 2027. The company reported a 13.5 percent rise...
Auto companies ride on a low base to deliver robust 22% sales in SeptemberCar sales in India saw a 22% increase in September due to dealers stocking up for festivals and strong demand. Two-wheelers and three-wheel...
‘Could sell 3,000 more EVs a month’ if supply constraints ease: MahindraMahindra & Mahindra reported strong demand for its electric vehicles, which may reach 10,000 to 11,000 units monthly. Current production ca...
India passenger vehicle sales rise 22% to 4.54 lakh units in September: SIAMSeptember 2026 marked a pivotal month for India's automotive sector, with car sales climbing by 22%, reflecting strong consumer interest. A...
India EV penetration may cross 10% by year-end, says JSW MG Motor executiveElectric vehicles are expected to capture more than 10% of passenger vehicle sales in India by the year's end. Factors such as new models, ...
Why electric vehicles sales are lukewarm in America, but hot in EuropeElectric vehicle sales in the United States have dropped 30.7% this year following the expiration of a federal subsidy. In contrast, Europe...