Electric Vehicles

TVS Motor to raise e2W capacity to 80,000 units a month by March 2027

TVS Motor Company plans to increase its electric two-wheeler manufacturing capacity to 80,000 units per month by the end of March 2027 to meet strong demand for electric scooters, according to a senior company official. "Now we are also enhancing the capacity. We are now operating at around 60-65,000 units. We have already planned for the next level of capacity expansion to about 80,000 units," TVS Motor Chief Executive Officer KN Radhakrishnan told investors. Electric vehicle penetration has been growing at a very strong pace in the two-wheeler space. Penetration in the overall two-wheeler market has been around 11-12 per cent, while it has crossed the 20 per cent mark in the scooter segment. TVS Motor is currently the market leader in the electric two-wheeler segment. Its major competitor, Bajaj Auto, is also enhancing Chetak capacity to 80,000 units. Ather Energy is also increasing capacity at its existing facility to over 41,000 units while its new facility is coming up. TVS .

Amazon expects India EV fleet to cross 20,000 vehicles over next year

Amazon plans to expand its electric vehicle fleet from over 15,000 currently, while partnering with Tata Motors to deploy 3,000 electric trucks and boost charging infrastructure

Ather Energy extends rally, EV stock surges 20% in 2 days; here's why

Ather Energy: Overall, the outlook is positive, with volume growth, Konarc's market acceptance and sustained profitability being the key triggers to watch, say analysts at ICICI Securities.

Ather reports ₹1.26 cr profit in Sep qtr, plans to further boost capacity

Ather Energy plans to add 225,000 units of annual production capacity by Q2FY28, investing ₹122 crore across its Hosur and Chhatrapati Sambhajinagar plants

The bumpy road to India's EV policy

India's EV journey has been chequered, despite having the Reva long before Elon Musk conceived Tesla

Ultraviolette Automotive bets big on new models to drive global expansion

Ultraviolette Automotive plans to invest Rs 800 crore in a new Hosur facility, launch four products over the next year and expand exports to Europe, North America and Latin America.

EV supply struggles to keep pace with surging demand during festive season

Electric vehicle sales rose 26% during Navratri as higher petrol prices boosted demand, but supply shortages, component constraints and rising bookings left dealers struggling to meet festive demand.

Hyundai replicating India learnings across global markets: CEO Jose Muñoz

Hyundai Motor CEO Jose Muñoz says the company's India operations offer a blueprint for global markets, with long-term investments, localisation and electrification driving growth

Shipping disruptions may make price hikes inevitable: Volvo Cars India MD

Volvo Cars India may raise vehicle prices as geopolitical disruptions push up shipping costs and delay components, even as the carmaker launches its flagship EX90 electric SUV.

Audi India mulls local EV production, aims to double mkt share in 3-5 years

Audi India is considering local manufacturing of a battery electric vehicle (BEV), with the luxury carmaker betting on a three-pillar strategy to double its market share in the segment over the next three to five years to 15-16 per cent, a top company executive said. In an interview with PTI, Audi India Brand Director Balbir Singh Dhillon outlined its strategy for India, centred on three key areas: customer centricity, new product introductions, and network expansion, to double its market share in the luxury car segment from around 8 per cent. The German automaker is also looking to leverage the proposed India-EU free trade agreement (FTA) to bring more models to India to test market demand, while expanding its dealership network, particularly in tier-II and tier-III cities. "We are contemplating a locally made BEV electric car with a decision expected in the next couple of months," Dhillon said. Elaborating, he said, "So we intend to double our market share in the next three to fi

VinFast expands India EV push with 50-plus e-motorcycle showrooms

The Vietnamese EV maker has signed letters of intent with dealer partners across 34 cities as it builds a dedicated distribution network for electric motorcycles in India

Electric PV sales nearly double in September; e-two-wheeler sales rise 89%

EV penetration in passenger vehicles rises to 8.5 per cent as electric two-wheeler sales climb 88.7 per cent and established manufacturers capture more market growth.

Maharashtra gives Ola, Uber, Rapido 9 months to go fully electric

Under the plan, aggregators currently operating petrol-powered bike taxis in Maharashtra will get six months to comply with the EV mandate, reported The Indian Express

Festive dispatches keep truck rentals firm as EV sales surge: Report

Truck rentals remained above year-ago levels across key routes in September, while heavy vehicle sales and electric vehicle adoption also showed strong growth, according to Shriram Finance Bulletin

EVs not sole answer to cutting emissions, says TVS Motor's Venu Srinivasan

Electric vehicles are not the only solution to reduce pollution, and the auto industry should remain technology-agnostic in its efforts to cut emissions while giving consumers greater choice, TVS Motor Chairman Emeritus Venu Srinivasan said on Monday. "I always believe we have to be agnostic (in technology) and look at the net effect on the country in terms of pollution, quality and environment. So, EV is not the only solution," Srinivasan said on the sidelines of the IFQM Symposium 2026. He said electric vehicles should be allowed to grow organically, with consumer choice playing an important role. In India, EV adoption has been gaining ground, particularly in the three-wheeler and two-wheeler segments. On ethanol blending in petrol, Srinivasan said the policy could help India reduce its dependence on fuel imports, while the impact on vehicle performance has so far been limited. "The degradation in performance is very marginal. I think that should not deter us. After all, the whol

Pointo bets on e-auto, BESS, second-life battery segments to drive growth

Lithium-ion battery distribution and service network startup Pointo is betting big on the expanding e-auto segment, battery storage systems (BESS) and second-life products to bolster its revenue, while actively engaging with investors to raise Rs 70-100 crore for its next expansion phase, a top company official said. The city-based startup, which previously raised Rs 6.2 crore in a seed funding round led by Equirus InnovateX Fund, plans to deploy the fresh capital to build an automated, large-scale refurbishment unit and expand its ground distribution network across the country. The company has seen its revenue run rate jump to Rs 80 crore in FY26 from about Rs 3 crore in FY24, and expects to close the current financial year at a revenue of Rs 150 crore, Founder & CEO of Pointo Riki Biswas told PTI. Founded in 2023 by Biswas, a chemical engineer from IIT Guwahati, along with three co-founders, Pointo aims to build a closed-loop supply chain across battery deployment, buyback, ...

Heavy industries ministry approves 382 sites for EV charging in Delhi

The Ministry of Heavy Industries (MHI) has approved 382 sites for setting up electric vehicle charging infrastructure in the national capital, Delhi Power Minister Ashish Sood said on Sunday. The Delhi government's Revenue Department and the Delhi Transport Corporation (DTC) had identified 456 sites for EV charging infrastructure, of which 382 were approved by the MHI, Sood said in a statement. Under the Delhi EV Policy, notified on June 30, all 382 sites were reassessed over the past three months for segment-wise deployment, with sites categorised separately for two-wheelers, three-wheelers and four-wheelers, he said. The site-level assessment was carried out to ensure that Delhi's charging network supports upcoming statutory mandates, including 100 per cent electric registrations for three-wheelers and N1 light commercial vehicles from January 1, 2027, and two-wheelers from April 1, 2028, Sood said. The government has onboarded KPMG as the Project Management Unit (PMU), and the .

CAFE III: Hastening slowly

The norms do not accelerate the needed transition

CAFE-III norms locked, may make EVs cheaper but ICE vehicles costlier

Threefold sales weightage for battery EVs could encourage affordable models, while carmakers may price some higher-emission petrol and diesel vehicles higher to meet targets

CAFE-3 fuel efficiency norms notified without carve-out for small cars

Car manufacturers will face revised emission targets from April 2027 as govt settles a long-running industry dispute