Electric Vehicles In India

EVs gain ground across vehicle segments as petrol, diesel shares ease

The index assesses states and UTs on key parameters such as transport electrification, electric vehicle (EV) charging infrastructure, and research and innovation

The Hosur facility will initially produce 250,000 electric two-wheelers annually and can scale to 500,000 units as the company targets India's growing mass-market EV segment

EV maker plans India-specific models with higher local content; gets approval for Phase 2 expansion of its Thoothukudi plant under a $500 million investment plan

India had about 29,151 public EV charging stations as of December 2025 and 67,657 chargers as of early August 2026, with over 200 CPOs operating nationwide

The Vietnamese automaker has asked suppliers to halt work on the VF3, VF6 and VF7 as it reassesses costs, dealing another setback to its India expansion

The company has monthly demand of more than 50,000 units, while present supply capacity is around 35,000 scooters a month, Tarun Mehta told Business Standard

Tata Motors Passenger Vehicles Ltd is gaining market share in the electric vehicle segment and has seen a three-fold increase in EV bookings over the last six months, even as production capacity is restricting its ability to fully capitalise on the strong demand, according to a senior company official. In an interview to PTI, Tata Passenger Electric Mobility Ltd, Chief Commercial Officer Vivek Srivatsa said, "If you see the last two three months, we are actually gaining market share every month. So it is the other way round, and in fact, in the last six months, the gap between us and the number two player has increased. And I would also publicly state that we had three 3x growth in bookings for EVs, and we are only restricted by our production capability". Tata Passenger Electric Mobility Ltd is a part of Tata Motors Passenger Vehicles Ltd Group. "I think consumers are increasingly confident of our products, and we have the widest product range, providing EVs to all kinds of differe

India's electric vehicle (EV) market is expected to grow to Rs 20 lakh crore by 2030, with the potential to create five crore jobs, Union Minister Nitin Gadkari said on Wednesday. Addressing a summit organised by the CII-ITC Centre of Excellence for Sustainable Development, Gadkari said that currently 57 lakh electric vehicles are registered in India, with 7 per cent market penetration. "India's electric vehicle(EV) market will be worth Rs 20 lakh crore by 2030. It will also create five crore jobs by 2030," he said. The road transport and highways minister highlighted that India's two largest two-wheeler vehicle manufacturers, Bajaj Auto and Hero MotoCorp, export more than 50 per cent of vehicles they produce. Gadkari said there is demand for one lakh electric buses annually in India, but 'we are able to manufacture only 50,000-60,000 EV buses annually'. He said the government aims to make India's automobile industry number one in the world within five years. The future of the In

Hyundai Motor India Ltd on Tuesday said it has entered into a partnership with Jio-bp to integrate their respective EV charging networks and enhance charging accessibility for EV users across India. Jio-bp is the operating brand of Reliance BP Mobility Ltd, a joint venture between Reliance Industries and bp, and is a leading provider of EV charging services and solutions. Through this collaboration, EV customers will be able to discover, access and use Jio-bp pulse charging stations using the myHyundai app, Hyundai Motor India Ltd's (HMIL) integrated EV charging platform, further enhancing charging convenience and accessibility, the company said in a statement. With the integration of the Jio-bp pulse network, HMIL's EV charging ecosystem now provides access to over 37,000 charging points across India, while HMIL's high-capacity chargers will also be gradually integrated into the Jio-bp pulse charge pro app, it added. Commenting on the partnership, HMIL Executive Director and Funct

The deep-tech electric motorcycle maker will use the capital to scale capacity and distribution and broaden its product line with four launches over the next 12-24 months

Greaves Electric Mobility aims to raise its electric two-wheeler market share above 10% as it expands products, distribution, exports and battery capabilities

Rising demand triggers high waiting period for major brands

Electric mobility-as-a-service (MaaS) platform Yulu on Wednesday said it has raised USD 93 million in a Series C funding round to scale its fleet fourfold to 200,000 EVs over the next two years, expand its service hubs, deepen strategic enterprise partnerships and accelerate its listing plans. The funding comprises USD 63 million in equity led by GEF Capital Partners and USD 30 million in debt, the company said. Securing this Series C capital is a validation of the company's business model, a massive headroom for demand, its execution capability, and the platform maturity it has built, said Amit Gupta, Co-founder & CEO of Yulu. "As we scale our fleet fourfold over next few quarters and launch high-capacity vehicle form factors, Yulu is positioned to remain the definitive backbone of India's urban hyperlocal mobility economy while transitioning seamlessly toward the public markets," he added. As a vertically integrated electric vehicle ecosystem spanning purpose-built hardware, ...

Electric 2-wheeler incentive halved to ₹2,500/kWh, capped at ₹5,000 per vehicle; overall scheme outlay remains unchanged at ₹11,900 crore

TCO refers to the cost of buying and operating a vehicle over its lifetime

TVS VMS will deploy the first batch of Rhino electric heavy commercial vehicles on a 190-km freight route in Chhattisgarh, supported by dedicated charging stations

Electric vehicle retail sales in India reached another monthly record at 3,27,901 units in July, growing at 66 per cent over the same month last year, with nearly one in eight vehicles retailed now being electric, Federation of Automobile Dealers Associations said on Friday. The previous record for electric vehicle retail sales in India was in June this year at 3,06,220 units, growing at 63 per cent over the same month last year, taking overall EV penetration to over 12 per cent for the first time. The growth in EV sales in July was led by the two-wheeler segment at 2,04,362 units as against 1,08,516 units in the same month last year, up 88.32 per cent, Federation of Automobile Dealers Associations (FADA) said in a statement. Electric passenger vehicle (PV) retail sales were up 83.13 per cent at 32,928 units last month as against 17,981 units in July 2025, it added. The three-wheeler electric segment saw total retail sales of 87,055 units as against 69,477 units in the same month l

Ola Electric on Thursday announced it is opening its sales and service network to dealer partners across India. This marks a structural shift in the company's go-to-market approach, five years after it launched its first electric scooters, Ola Electric said in a statement. Ola Electric built its early growth through company owned stores, using them to build EV awareness, establish the brand, and create India's largest EV two-wheeler customer base of over 10 lakh riders. As the EV industry has matured and consumer acceptance has grown, the company is now evolving this model, it added. Over the coming months, the company stores will transition to focus on brand and product experience, while dealer partners will become the backbone of local sales, service and scale across the country, the company said. The move follows a month of on ground engagement with dealers nationwide. Ola Electric said the response has been strong, with dealers expressing confidence that the company's product

The electric vehicle (EV) sector is expected to create 30-40 million jobs by 2030, with hiring projected to grow 15-20 per cent annually, driven by rising demand for specialised talent in engineering, energy systems and battery technologies, a report said on Wednesday. As EV adoption accelerates across passenger vehicles, commercial fleets, two-wheelers and public mobility, India's EV industry is entering its most employment-intensive phase, evolving from a vehicle manufacturing opportunity into a fully integrated industrial ecosystem, according to the report by talent company Adecco India. The EV sector is projected to generate 30-40 million jobs, with 10-15 per cent direct and 85-90 per cent indirect jobs by 2030, the report stated. The report is based on insights from over 100 companies in Adecco India's base. According to the report, hiring is expected to grow by 15-20 per cent Y-o-Y, with the next decade defined less by assembly-line jobs and more by specialised engineering, .