Electronic Vehicles

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

Yamaha Motor India is adopting a cautious approach towards aggressive expansion in the domestic electric two-wheeler market, citing heavy dependency on imported battery cells, compressed profit margins, and supply chain constraints, Hajime Aota, Executive Officer, Yamaha Motor Co Ltd said on Thursday. Speaking to reporters on the sidelines of global launch of 'Made in India' YZF-R2 here, Aota, who is also CMD of Yamaha Motor India Group, said the absence of a fully localised supply chain for lithium-ion cells remains a primary hurdle for global manufacturers entering the mainstream EV segment. "Still, the cells and raw materials are coming from outside India. Until domestic cell manufacturing and an integrated supply chain are established, cost optimisation and supply reliability will remain major challenges," Aota said. He pointed out that the battery requirements of electric two-wheelers are roughly one-tenth the capacity of passenger cars, making it difficult to justify dedicate

CEO says listing may take 12-18 months; eight new EV products and variants planned over the next two years as the company looks to expand in cargo segments

Rs 322-crore funding led by Lightrock values Mahindra Last Mile Mobility at Rs 10,822 crore as the company targets a second-half FY27 listing

Heavy Industries Ministry extends bid deadline to August 12 under the Rs 7,280-crore scheme to encourage domestic rare earth permanent magnet manufacturing

Engineering major will invest over five years in EV motors, ADAS and connected-vehicle technologies, targeting a fast-growing market dominated by global players

The Haryana Cabinet has exempted electric vehicles priced up to Rs 30 lakh from motor vehicle tax at registration, while offering a 1 per cent rebate on vehicles bought in women's names

Auto component maker Sona Comstar on Thursday reported a 47 per cent year-on-year growth in consolidated profit after tax at Rs 178.51 crore in the June quarter of FY27. The company had posted a consolidated PAT (profit after tax) of Rs 121.70 crore in the first quarter of FY 26, according to a regulatory filing. Revenue from operations during the reporting quarter rose 52 per cent to Rs 1,301.20 crore from Rs 853.90 crore recorded in June last fiscal, the filing said. Revenue share from Battery Electric Vehicle (BEV) vertical was recorded at an all-time high of 44 per cent in Q1 FY27, while the overall revenue from the segment grew strongly by 107 per cent, the company said in a statement. "Despite continued weakness in the US EV market, we delivered our highest-ever quarterly revenue; BEV revenue and BEV revenue share (in Q1). We also secured new business across EV, hybrid and ICE powertrains, spanning India, Europe and North America and nearly every product category in which we

The government has waived ₹2,700 crore in CAFE-2 penalties for some PV manufacturers. Does the step offer a practical reset for automakers, or weaken one of India's key tools for cleaner mobility?

While overall pay hikes are set to cool in FY27, demand for specialised skills is expected to keep salary growth strong in EVs, fintech and healthcare

Battery as a Service reduces the upfront cost of buying an electric vehicle, but recurring payments, contract terms and resale concerns mean it works best for users with moderate distance driving

Bengaluru-based electric two-wheeler maker raises Rs 250 crore in Series B funding and plans capacity expansion as it targets a public listing in the second half of FY28

Aggressive discounting persists in the EV market as automakers juggle inventory, competition, and evolving buyer expectations

Company bucks 22% industry decline in April with strong MoM growth, driven by improving operations, customer confidence and rising demand for its expanding EV portfolio

Asia-Oceania leads global vehicle growth and demand, consolidating its role as both manufacturing hub and consumption market, amid uneven recovery across Europe and the Americas

Switch Mobility has delivered 100 electric buses to Mauritius under a government-backed initiative, marking India's largest such export and advancing clean public transport in the island nation

C6 marks Royal Enfield's entry into electric mobility with a connected neo-vintage motorcycle, offering advanced tech, urban performance and phased rollout

Fuel price fears amid West Asia tensions push electric two-wheeler penetration to 9.7%, as fence-sitters shift to EVs

In a bid to strengthen the EV infrastructure, the Delhi government is likely to urge vehicle manufacturers to set up charging stations under its new EV policy, a senior government official said on Friday. With the existing electric vehicle (EV) policy set to lapse by March-end, the government plans to finalise and notify the revised policy by then, looking to table the policy in the upcoming budget session. "We have asked around 400 venders and vehicle-makers to explore setting up EV charging stations, and the Delhi government will provide all required assistance," an official said. With its pollution-control action plan promoting greater adoption of electric vehicles, the Delhi government plans to add 7,000 EV charging stations across the city. Currently, EV charging stations are mostly situated at Namo Bharat and Delhi Metro stations, and set up by power discoms. Delhi has around 8,800 EV charging stations at present, according to official data. Now, the Delhi government plans t

India ranks 47th in global ePV adoption in 2025 with just 4% penetration, far from its 2030 target, as infrastructure and policy gaps slow EV momentum