EV Market

Vimag Labs aims to scale up production of rare-earth-free electric motors at its Haryana facility, targeting ₹100 crore revenue in FY28 while expanding into defence and global markets

Ather Energy share price: Analysts at Nomura said that Ather Energy remains their top pick in the EV two-wheeler space.

India's electric two-wheeler market crossed 1 million registrations in a record seven months, putting the industry on track to surpass last year's total within weeks

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

Maruti, VinFast and Tesla capture 8.1% market, account for 18% of incremental registrations

Ather Energy will raise ₹1,200 crore from existing investors led by Hero MotoCorp and the India-Japan Fund amid rising competition in India's EV market

Harrier EV demand is nearly double current production capacity as Tata Motors targets monthly output of 70,000 vehicles with expanded manufacturing and supplier ramp-up

India's EV transition is being driven by light electric vehicles (LEVs), with two- and three-wheelers accounting for about 90 per cent of EV sales in 2025

Iran war-driven fuel price surge accelerates EV adoption across Asia and Africa, boosting Chinese automakers while exposing major gaps in charging infrastructure

Electric two-wheeler makers prepare for the end of PM E-Drive incentives as subsidy allocations near exhaustion, raising the prospect of higher scooter prices

The Bengaluru-based energy-tech company will use the fresh capital to expand into new cities and vehicle categories while strengthening research and development capabilities

India's EV sales surged 45% to a record 2.72 lakh units in May, pushing overall EV penetration above 11% for the first time amid rising fuel costs

Rising fuel prices and the Strait of Hormuz disruption push EV adoption higher, with electric two-wheeler penetration crossing 9% in May

The electric-scooter maker said FY26 was a reset year focused on improving operations, margins and cell manufacturing, even as revenue remained under pressure

India's EV industry sees stronger momentum after Prime Minister Narendra Modi renewed his push for electric mobility amid rising sales and infrastructure growth

Tesla is prioritising charging, service and ownership ecosystem in India before scaling volumes, aiming to overcome structural barriers in the nascent EV market

Ola Electric has launched the S1 X+ scooter with a 5.2 kWh battery, aiming to expand reach in the mass market amid declining market share and rising competition

Policy aims to build domestic processing capacity for critical minerals, reduce import dependence and strengthen supply chains for EV batteries and manufacturing

After the fresh funding round, the founder will hold an 86 per cent stake in the company

Bajaj Auto and Ather Energy raise prices as metal costs surge, passing on war-driven input inflation to consumers