Electric Mobility

High-end petrol, diesel cars could be gradually removed from market: SC

The Supreme Court signalled that premium fossil-fuel cars may be the first to face restrictions as India accelerates its electric mobility transition, urging updated policies & stronger implementation

Electric 2-wheeler registrations up 18% in H1FY26, shows Vahan data

According to the VAHAN data, the number of two-wheeler registrations hit 582,027 in April-September compared to 492,586 in the same period the previous year

Evera Cabs offers to lease 1,000 BluSmart cars financed by PFC, IREDA

Evera Cabs has submitted a proposal to lease 1,000 BluSmart EVs financed by PFC and IREDA as part of its expansion strategy while lenders explore recovery from the defunct service

EVs to stay at 5% GST: Industry leaders say move will boost adoption

The GST Council has kept all EVs, mass market to luxury SUVs, under 5% tax, a step industry leaders say will spur sales and strengthen India's EV ecosystem

Tata Motors seeks govt help to ease electric vehicle raw material sourcing

Says that battery localisation remains a challenge

Ultraviolette raises $21 million in funding round led by TDK Ventures

Premium electric motorcycle manufacturer Ultraviolette on Tuesday said it has secured USD 21-million in a funding round with strategic investment from deep tech investor TDK Ventures. TDK Ventures is the corporate venture capital arm of Japanese firm TDK. "The investment round of USD 21-million saw strategic participation from TDK Ventures and strong continued backing from existing investors Zoho Corporation and Lingotto (previously Exor Capital) among other leading institutional investors," Ultraviolette said in a statement. Other investors in Ultraviolette include Sriharsha Majety (co-founder & CEO, Swiggy), Ankit Nagori (co-founder, Cure Foods; former Chief Business Officer, Flipkart), Aprameya Radhakrishna (Co-founder, TaxiForSure), and actor Dulquer Salmaan, the company said. The partnership with TDK Ventures represents a pivotal step in Ultraviolette's mission to develop and scale globally competitive performance-oriented EVs, it stated. "We look forward to bringing our TDK

EVeez raises $5.4 mn to expand electric mobility services for gig workers

EVeez secures $5.4 million in Series A funding to scale its electric two-wheeler subscription service, targeting gig workers across India

UK company AEM set to bring rare-earth-free technology to India

The firm has partnered with Sterling Tools Limited's EV arm, Sterling Gtake Electro Mobility (SGEM), to localise production and assembly of its traction motors at SGEM's Faridabad facility

Matter Motor plans to launch one electric bike annually over next 3 years

Electric motorcycle maker Matter Motor Works plans to launch one new model every year in the next three years as it looks to accelerate volume growth, its Co-founder and Group COO Arun Pratap Singh said on Thursday. The Ahmedabad-based company, which on Thursday launched its geared electric bike AERA in the Delhi market, plans to open up to 60 dealerships across the country this fiscal, with the majority of them in South India, Singh told PTI here. "There are products planned, at least a new launch every year. So that's what we can see for the next three years," he said when asked about the company's product pipeline. He said the company is focusing on electric motorcycles only at present and is not looking at electric scooters "as of now". On the company's first model AERA, he said, "We took almost six years to develop the vehicle. We started deliveries in October last year." The company had confined sales in the Ahmedabad market for the first six months to study consumer feedbac

Chennai-based Raptee lines up its own operating system for T30 bikes

Chennai-based Raptee.HV will begin delivery of India's first high-voltage EV motorcycle, the T30, featuring its own Linux-based OS and price parity with ICE rivals

Will be present across India over next 3-5 years: Namma Yatri's Shan M S

Namma Yatri recently crossed 100 million rides but the traction is largely from Bengaluru and some Southern and Eastern regions

Schaeffler to invest €500 million in India, opens fifth plant in Tamil Nadu

German firm Schaeffler will invest €500 million in India over five years to grow EV, rail, and renewable businesses and deepen localisation amid global shifts

Tata Motors seeks to regain 50% market share in electric PV segment

Tata Motors, the leader in the domestic electric passenger vehicle segment, is seeking to regain its market share of 50 per cent in the mid-to-long term through expansion and renewal of its product portfolio, according to a top company official. With the domestic electric passenger vehicle market fragmenting into four distinct segments on the basis of price points, the company will be entering the above Rs 20 lakh category with its upcoming Harrier.ev and Sierra.ev, Tata Motors Passenger Vehicle and Tata Passenger Electric Mobility Managing Director Shailesh Chandra told PTI here in an interview. The company is working to make the total cost of ownership (TCO) of its EVs in the fleet segment comparable to that of CNG vehicles to regain volumes, he added. "We have the aspiration of sustaining our market share beyond 50 per cent in the mid to long term...We would aspire to be at a 50 per cent market share by having a very wide product portfolio and products which are aligned to the ..

Govt plans 360 kW charging points along highways for heavy-duty EVs

According to the latest guidelines from the power ministry, minimum charger capacities are 12 kW for e2w and e3w, 60 kW for e4w, and 240 kW for e-buses and e-trucks

Stellantis to launch Leapmotor EVs in India to boost mobility drive

The entry of the Leapmotor brand into the market aligns with Stellantis' ambition to drive innovation and expand its EV footprint in one of the world's fastest-growing automotive landscapes

NHEV eyeing east and west corridors for expansion, says Abhijeet Sinha

The expansion plan involves 1,401 kilometres in the west and 2,164 kilometres in the east, targeting 13 highways

MG Windsor becomes fastest-selling EV in India with 20K units in 6 months

As of March 2025, JSW MG Motor enjoys a 31 per cent retail market share in the EV segment, trailing only Tata Motors, which holds a 38 per cent share

Startup Mahakumbh: What funding numbers say about Indian startups

In the hottest sector of AI, where most global VC funding is going currently, the country's record has not been anything to write home about

Ultraviolette plans to introduce 10 new electric two-wheelers in 3 years

Electric premium motorcycle maker Ultraviolette plans to bring 10 new products, including scooters and long-range cruiser bikes, in the next three years as it looks to accelerate market presence, company CEO and Co-founder Narayan Subramaniam said on Wednesday. The company, which unveiled its first electric scooter 'Tesseract' along with new lightweight electric motorcycle 'Shockwave' here, is also looking at bringing 'multi-terrain bikes' in future. As part of its new product plans, Ultraviolette, in which TVS Motor Co is an investor, plans a new bike under its existing F series of performance bikes, two more scooters under the S series under which Tesseract will be introduced besides two more lightweight bikes under the L Series along with 'Shockwave'. Electric scooter Tesseract comes at an introductory price of Rs 1.2 lakh for the first 10,000 units after which it will be sold at Rs 1.45 lakh while its e-bike 'Shockwave' comes at an introductory price of Rs 1,49,999 for the first

Ola Electric unveils S1 Gen 3 portfolio, launches 8 new scooters

Ola Electric said the Gen 3 platform delivers the next level of performance, efficiency, safety, and reliability