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ELECTRIC VEHICLES IN INDIA
Electric two-wheeler maker Ultraviolette to invest Rs 779 crore in new manafacturing facility in TN over next 5 years: CEO Narayan SubramaniamElectric two-wheeler maker Ultraviolette will establish a new manufacturing facility in Hosur, Tamil Nadu. The company plans to invest Rs 7...- VinFast plans to develop two India-specific EVs in strategy shift, sources sayVietnamese automaker VinFast is developing two new electric vehicles for India. These new models will be more affordable than current offer...
- Ather & Ola Electric: A tale of two contrasting ridesAther Energy's stock price has significantly increased since its IPO. Ola Electric's shares are currently trading below their initial publi...
- EV retail sales rise 53% in August to 2.98 lakh units: FADAElectric vehicle retail sales in August grew 52.9 percent year-on-year. The two-wheeler segment led this growth with 1,83,204 units sold. E...
- IESA to govt: Accelerate battery incentives, smart grid infra, last-mile mobility for EV adoptionIndia's electric vehicle adoption is accelerating rapidly, with record sales achieved recently. Industry leaders are urging government to b...
- Hyundai Motor India plans to soon launch localised, mass-market SUV EVHyundai Motor India plans to soon launch a new mass-market SUV. This vehicle will be built on a dedicated electric vehicle platform. The co...
- Castrol has room to grow in all businessesCastrol India is expanding beyond lubricants into interior and exterior car care products. The company sees significant growth in its indus...
- CNG, hybrids, electrics rule motown: Alternative powertrains beat petrol vehicles for the first time in India as August auto sales jump 18%Retail vehicle sales surged by eighteen percent year-on-year, reaching 2.42 million units last month. For the first time, alternative energ...
- Alternative fuels overtake petrol in India’s car sales for first time as CNG, EVs and hybrids gain groundIn response to soaring fuel costs, consumers are now leaning towards alternative fuels like CNG, hybrids, and electric vehicles, resulting ...
- UK rules out JLR bailout as Tata-owned carmaker plans 4,000 job cuts amid rising costsJaguar Land Rover plans significant job cuts over two years due to rising costs and competition. The UK government will not provide financi...
- Petrol loses its crown as alternative fuels overtake it in India’s record August auto salesAugust 2026 marked a historic milestone in India's auto retail market, exceeding all previous records. In a significant shift, alternative ...
- Ola Electric approves Rs 1,500 crore fundraise; COO Hyun Shik Park quitsOla Electric plans to raise up to Rs 1,500 crore through various share issuance methods. This significant fundraise follows a recent Rs 780...
- Electronics to make up 50-55% of car cost by 2030, signalling major localisation opportunity: BCG-ACMAElectronics will form over half of a car's cost by 2030. This presents a significant opportunity for Indian auto component makers. Vehicles...
- India's passenger vehicle market tilts towards cleaner fuels; alternatives cross petrol: ReportCleaner-fuel vehicles now account for 42 percent of passenger car sales in India. This marks the first time these alternatives have outsold...
- Ola Electric opens first dealer-led stores across IndiaOla Electric has launched its first dealer-operated stores across India. This strategic shift aims to deepen its product ecosystem nationwi...
- Ola Electric shares gain 4% as EV maker rolls out first dealer-led storesOla Electric shares rose nearly 4% after the EV maker launched its first dealer-led stores across seven states. The move comes a month afte...
- PM Modi urges auto industry innovation for Viksit Bharat; pushes for EV accelerationPrime Minister Modi urged the Indian auto industry to innovate for Viksit Bharat by 2047. Adviser Tarun Kapoor stressed accelerating the el...
- India’s EV push could slash annual oil and battery import bill by $125 billion by 2050: StudyIndia has the potential to save as much as USD 125 billion every year by 2050 through a swift transition to electric vehicles. The savings ...
- India needs faster EV transition in trucks, buses, domestic capacity in critical tech: PM adviserIndia must accelerate electric mobility, particularly for trucks and buses, to enhance energy security. The next five years are critical fo...
- India EV sales jump 51% in August as robust demand drives electric car and 2W market growthIndia's electric vehicle market witnessed an impressive 51% year-over-year growth in August. Despite this surge, a 12% sequential decline w...
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