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ELECTRIC VEHICLE SALES 2024
After 5-year hot run, luxe car sales may slow downIndia's luxury car market is experiencing its first slowdown in over five years, with sales stalling in early 2026. Heightened global uncer...- In May, every 10th new car sold in Europe was ChineseChinese car brands have captured over 11% of the European new car market for the first time, driven by hybrid and plug-in hybrid models off...
- Centre plans Rs 12,000 crore incentive scheme to spur private electric bus adoptionThe government is planning a significant incentive package, potentially worth ₹12,000 crore, to boost electric bus adoption by private flee...
- Volkswagen CEO aims to cut 100,000 jobs in major overhaul, Manager Magazin reportsVolkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...
- India may approve $370 million Chinese-linked auto investment, first in nearly a decadeIndia is poised to approve a significant $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China's Geel...
- Tata Motors to invest up to Rs 40,000 crore by FY31Tata Motors is set to invest up to Rs 40,000 crore over five years, aiming to nearly double its passenger vehicle capacity and introduce ne...
- Tata Motors PV eyes over Rs 6 lakh crore revenue by FY31Tata Motors Passenger Vehicles is projecting a significant revenue surge, aiming to surpass Rs 6 lakh crore by fiscal year 2031 with a 10% ...
- Tata Motors CV bets on global expansion, EVs and digital businesses for next phase of growthTata Motors' commercial vehicle division is charting an ambitious growth path, prioritizing global expansion, electric vehicles, and digita...
- Tata Motors shares jump 2% after receiving order for 3,400 electric commercial vehiclesTata Motors share price gained over 2% following a significant order for over 3,400 electric commercial vehicles, signaling a major shift t...
- China hits back at US sanctions on tech giants, restricts exports to 10 American defense firmsChina imposed export controls on 10 US companies involved in defence and rare earths mining in response to Washington's blacklist, and bann...
- From buses to trucks, Tata Motors lands 3,400 EV orders across segmentsTata Motors has secured a significant boost with over 3,400 electric commercial vehicle orders, marking a major leap in India's zero-emissi...
- Tata Motors secures over 3,400 electric commercial vehicle ordersTata Motors has secured over 3,400 orders for electric commercial vehicles, signaling a significant shift in India's fleet operator adoptio...
- India's passenger vehicle sales expected to grow 4-6% in FY27: ReportPassenger vehicle sales are poised for a 4-6% expansion this fiscal, fueled by strong demand, improved affordability post-GST cuts, and the...
- Delhi bans entry of non-BS VI commercial vehicles from Nov 1 to curb winter pollutionDelhi is gearing up for winter with new pollution control measures. Older commercial vehicles from outside the city will be banned from Nov...
- E-Ambulances will get up to 35% PM E-DRIVE subsidyThe government will subsidise electric ambulances. This support is up to 35% of the ex-factory price. Rs 500 crore is allocated for 3,811 e...
- At Hong Kong auto show, China automakers target wealthy in right-hand-drive marketsChinese car companies are targeting wealthy buyers in right-hand-drive nations. They are introducing premium electric vehicles to new marke...
- Ola Electric files application to settle Sebi probe over false information allegationsOla Electric and founder Bhavish Aggarwal have approached Sebi to settle allegations of disseminating false information to inflate stock pr...
- Ola Electric files application to settle Sebi probeOla Electric and its founder Bhavish Aggarwal have approached Sebi to settle allegations of disseminating false information to inflate stoc...
- Iran war is a 'wake-up call' for Southeast Asia's energy sector, report saysA war in Iran has highlighted significant energy risks for Southeast Asia. The region faces a potential tripling of its energy import bill ...
- 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...
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