EV retail sales rose 66 per cent year-on-year to 327,901 units in July, pushing penetration to nearly 12 per cent as adoption accelerated across vehicle segments.
Heavy electric truck registrations jumped twelvefold YoY in July as rising fuel costs improved EV economics, prompting Olectra to target around 1,000 units in FY28.
Strong demand after GST rate cuts is expected to support industry growth in FY27, while Hero ramps up capacity for Vida electric scooters, ICE scooters and Splendor
Electric truck registrations jumped twelvefold YoY in July as rising fuel costs improved EV economics, prompting Olectra to target around 1,000 units in FY28.
The previous record for electric vehicle retail sales in India was in June this year at 306,220 units, growing at 63 per cent over the same month last year, taking overall EV penetration to over 12%
CFO Arnab Roy calls for an "as-is" settlement mechanism or amnesty option to clear the historical litigation backlog and unlock trapped capital
Petrol car penetration fell to a record low of 41.68% in July as E20 concerns pushed buyers towards CNG, hybrids and EVs, according to FADA
India's auto retail sales rose 25.9% in July, with every vehicle segment posting record monthly volumes as GST changes, financing and festive demand lifted sales
The farming out of this crucial function marks a departure for Honda, which has typically kept development of core vehicle platforms largely in-house or within its established supplier network
Maruti Suzuki Chairman R C Bhargava questions mandatory V2V communication norms, while saying E20 adoption hinges more on fuel quality and distribution than engines
Audi expects sales to remain broadly flat in 2026 before returning to growth in 2027 as the new models begin contributing
The industry body has sought to defer localisation norms till April 1, 2027, saying China's export curbs on rare-earth magnets continue to disrupt supplies.
This price bracket currently accounts for 55-60 per cent share of the overall electric two-wheeler play in India. But Ather had been conspicuous by its absence in this e2W segment
Carmakers say 2028 mandate gives time to prepare suppliers, contain cost impact
PM E-DRIVE has supported the sale of 2.65 million electric vehicles so far, with Maharashtra leading at 428,000 vehicles, followed by Uttar Pradesh, Karnataka and Tamil Nadu
The new Spectral Green variant features a colour-shifting finish, more than 85 connected features, iGO Assist and dual disc brakes with single-channel ABS
The proposed rules require new vehicles to support V2V communication from October 2028, aiming to improve road safety through real-time exchange of vehicle data.
The Centre has proposed making vehicle-to-vehicle communication systems mandatory in new vehicles from October 2028 to enhance road safety and connected mobility
The company posted record monthly sales of 629,675 units, with electric two-wheeler volumes surging 158 per cent and domestic two-wheeler sales rising 42 per cent
Bajaj Auto sold 474,677 vehicles in July, up 30 per cent year-on-year, as exports surged 39 per cent and domestic volumes increased 20 per cent