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Electric Vehicles
Commercial vehicle major Tata Motors on Sunday said it has secured orders for over 3,400 electric commercial vehicles (eCV) across freight, logistics and passenger mobility segments. The orders comprising around 2,000 small commercial vehicles and pick-ups, 900 trucks, and 500 buses, cut across a diverse range of applications from e-commerce, logistics, FMCG and FMCD distribution, and intra-city mobility to demanding sectors like cement, steel, mining, and tarmac operations, alongside inter- and intra-city passenger transport. This wide-ranging deployment reflects growing customer confidence in electric mobility solutions in real-world conditions and signals a decisive shift from pilot programmes to scaled, operational integration of EVs across use cases, Tata Motors said. The company said over the past 12 months, it has significantly strengthened its electric commercial vehicle portfolio, introducing a new generation of eCVs tailored to varied duty cycles and operating conditions.
Domestic automakers Maruti Suzuki, Mahindra & Mahindra and Tata Motors Passenger Vehicles are looking to tap opportunities in the electric car segment in the UK, as India's free trade pact with the country will allow duty-free exports for specified price segments under a quota system. As per the India-UK CETA document, released last week, India will get access to the UK's electric, hybrid/hydrogen passenger cars segment, with duty-free exports to that country from the sixth year in the price segment ranging from under GBP 20,000 to 80,000, with the total quota reaching a peak of 88,000 units from the 15th year and continuing in the subsequent years. The free trade agreement (FTA) between the two countries, which is expected to help double two-way commerce to USD 100 billion by 2030, will come into force on July 15. "The India-UK FTA is a positive development that could create new opportunities for India-manufactured electric vehicles," M&M Ltd President, Automotive Business, ..
VinFast Auto India on Friday said it has partnered with Tata Capital to provide auto and inventory financing for its dealer network. The two partners have signed a Memorandum of Understanding (MoU) for the purpose. Under the partnership, VinFast's dealer partners will have access to financing solutions tailored to support working capital requirements, inventory management and network expansion, the company said in a statement. "This partnership will enable us to offer comprehensive financing solutions for our dealer network, thereby supporting greater accessibility, operational ease and long-term growth for the brand," VinFast Asia CEO Tapan Ghosh said. Tata Capital COO - SME Finance Narendra Kamath said, "Through our partnership with VinFast, we aim to empower dealers with tailored financing support that enables business growth and operational efficiency.
Tata Motors Passenger Vehicles Ltd on Friday said it will increase prices of its passenger vehicle portfolio, including both internal combustion engine (ICE) and electric vehicles (EV), by up to 1.5 per cent from July 1. "This price revision is being undertaken to partially offset the impact of rising input costs and sustained inflationary pressures," the company said in a regulatory filing. While Tata Motors Passenger Vehicles continues to absorb a significant portion of these increases, a part of the impact is being passed on to customers through this adjustment, the company stated. "The extent of the price increase will vary across models and variants, ensuring that the overall value proposition of each offering is maintained," it added.
Amazon is primarily relying on on-site charging infrastructure for its growing fleet of electric delivery vehicles in India, while also working with partners to expand charging and transportation options as it pushes towards its sustainability goals, a top company executive said. The US-based e-commerce giant already has plans to introduce over 1,000 electric trucks into its operations in India over the next five years, joining the existing 10,000 electric vehicles fleet. The move is aimed at delivering packages to customers from Amazon fulfilment centres more sustainably. Replying to questions on the limited availability of public EV charging infrastructure in India, Amazon Vice President, Global Engineering and Sustainability, Andreas Marschner said the challenge is not unique to India and exists across markets globally. "The challenge you're describing is actually a challenge everywhere," Marschner said, referring to issues around power availability, grid capacity and charging ..
Refex Mobility, which provides all-electric vehicle-based mobility solutions to corporates, on Monday said it has crossed the Rs 100 crore revenue milestone in FY26. The clean mobility arm of Refex Industries Ltd has reported a total income of Rs 103.2 crore in FY 2025-26, reporting a "2.5x growth", according to a statement issued by the company. "The company completed more than 1.5 million trips across the enterprise and executive mobility segments, during the year, reflecting both growing scale and improving platform economics," it said. Besides, Refex Mobility also expects to achieve operational breakeven by FY2027-28. Within three years of operations, Refex Mobility has scaled its operating fleet size to over 1,750 vehicles across five major cities. It serves more than 70 enterprise clients across sectors, it added. In FY26, it launched a fast-growing app-based cab rental business and expanded operations into the Delhi-NCR region. The company introduced an asset-light model,
India's automobile retail sales grew 9.55 per cent to a record 25,31,067 units in May, while EV penetration crossed 11 per cent for the first time, as dealers saw a surge in enquiries for fuel-efficient and green vehicles after last month's fuel price hikes amid the West Asia crisis, FADA said on Monday. The cumulative automobile retail sales in India stood at 23,10,451 units in the same month last year. According to the Federation of Automobile Dealers Associations (FADA), the figures reflect the best May performance ever recorded across commercial (CV), passenger vehicle (PV) and the overall EV penetration. "A notable feature of the month was the consumer response to May fuel-price revisions: dealers reported a visible rise in enquiries for fuel-efficient and alternative-powertrain options, reflected in the two-wheeler EV share climbing to 9.25 per cent from 6.11 per cent a year ago," FADA stated. Passenger vehicles retail sales were at a record 4,02,591 units last month as compa