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ELECTRIC VEHICLE SALES IN INDIA
Ather Energy raises Rs 1,300 crore via QIP, allots shares at Rs 1,202 apieceAther Energy successfully raised Rs 1,300 crore via a qualified institutional placement. The company also secured Rs 1,200 crore from exist...
Goa govt plans up to 50% subsidy on EVs for bike taxi, autorickshaw operatorsThe Goa government will offer up to a 50% subsidy on electric vehicles for licensed motorcycle pilots and autorickshaw operators, while set...
CAFE III norms signal faster EV shift in India while balancing automakers concerns: NomuraCAFE refers to government regulations that require automakers to meet a specific average level of fuel economy or CO₂ emissions across thei...
Rising fuel costs accelerate EV shift; MG bets bigger on plug-in hybridsJSW MG Motor India is increasing its focus on new-energy vehicles. The company anticipates NEVs will comprise eighty percent of its sales t...
JSW MG Motor India to invest Rs 1,400 crore in Halol plant, launch four new vehicles this fiscalJSW MG Motor India is investing Rs 1400 crore to increase production capacity significantly. The company plans to introduce four new vehicl...
JSW MG Motor launches MG ADAPT, India's first multi-NEV platformJSW MG Motor India has unveiled its new MG ADAPT platform for future vehicles. This innovative architecture supports electric, hybrid, and ...
India proposes CAFE-III norms to tighten fuel efficiency standards for passenger vehiclesNew fuel economy standards for passenger vehicles are proposed by the Ministry of Power. These Corporate Average Fuel Economy-III norms wil...
Ather Energy raises Rs 1,200 crore from India-Japan Fund, Hero Motocorp, founders, launches Rs 1,500-crore QIPAther Energy secured Rs 1,200 crore through a preferential issue. Hero MotoCorp and the India-Japan Fund are key investors in this round. T...
India's passenger vehicle dispatches hit record high in Q1 as demand powers auto sales: SIAMDomestic passenger vehicle dispatches hit an all-time high in the first quarter of FY27. Two-wheeler and three-wheeler dispatches also saw ...
India-UK FTA: Rolls-Royce, Range Rover cars to get cheaper by crores in IndiaImported British luxury car prices will significantly decrease starting July fifteenth. Customs duty on eligible vehicles will fall from 11...
Landmark Cars shares rally upto 13% post Q1 business update, revenue jumps over 22%Landmark Cars shares rallied after the company reported record Q1FY27 sales, driven by strong vehicle deliveries and robust demand. Healthy...
Ather Energy shares rally 6% after Hero MotoCorp approves Rs 1,000 crore additional investmentAther Energy shares jumped on Wednesday after Hero MotoCorp approved an additional investment of up to Rs 1,000 crore in the EV maker throu...
The numbers behind India's electric mobility boom: A 12-fold leap in a 30 mn EV marketIndia's electric vehicle market is set for substantial growth by 2032. Sales are expected to rise significantly, driven by consumer appeal ...
Auto companies find it difficult to monetise software services after complimentary term endsGlobally, nearly 350 million connected cars are on the road. They account for about a fourth of cars in India and that number is rising. Be...
Delhi isn't flexing yet as India's ethanol dream gets an early reality checkOnly four flex-fuel passenger vehicles have been registered in Delhi since the technology entered the market last month, highlighting a slo...
EV retail sales at all-time high of 3,06,220 units in June, penetration cross 12 pc: FADAElectric vehicle retail sales in India reached an all-time high of 3,06,220 units in June. This growth pushed overall EV penetration past t...
Auto retail sales surge 22% to record 2.56 million in June; Dealers expect growth momentum to continue with rains picking upVehicle retail sales reached a record high in June, showing a significant year-on-year increase. This robust growth was supported by strong...