Electric Vehicles In India

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

Switch Mobility secures order for 840 e-buses for Delhi under PM E-Drive

Hinduja Group firm Switch Mobility on Monday said it has secured an order for 840 electric buses from Antony Road Transport Solutions under the first phase of the Centre's PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-Drive) scheme. The order comprises 420 9-metre and as many 12-metre AC electric buses for deployment with the Delhi Transport Corporation (DTC) and Transport Department, Delhi. With the deployment of electric buses across Delhi's public transport network, the partnership aims to enable efficient passenger movement while contributing to the city's broader sustainable mobility goals, Switch Mobility stated. The agreements for the deployment have been formalised between Switch Mobility and Antony Road Transport Solutions, marking an important step towards the electrification of public transportation in the national capital, it added. Ganesh Mani, CEO, Switch Mobility said, "This order is a strong testament to the growing confidence in electric ...

Delhi govt gets over 5,500 applications for incentives under new EV policy

The Delhi government has received 5,678 applications for incentives under the Delhi Electric Vehicle Policy 2026 since its implementation in July this year, officials said on Thursday. Of the total applications received, as many as 1,664 have been processed and Rs 4.8 crore have been released by the government under different incentive categories. "Mostly, the applicants for incentives belonged to two-wheeler EV category, accounting for 1,648 beneficiaries of the total applications processed -- with Rs 4.6 crore disbursed for two-wheelers of the total amount. "The remaining 4,014 applications are under process," a government official said. The policy implemented from July 1, has received a total of 5,678 applications. Out of these, as many as 5,621 are for two-wheelers, government data showed. Under the EV policy, two-wheelers are eligible for an incentive of up to Rs 30,000 in the policy's first year, up to Rs 20,000 in the second year, and up to Rs 10,000 in the third year. To

EVs, CNG gain ground as India's automobile fuel mix steadily shifts

EVs gain ground across vehicle segments as petrol, diesel shares ease

Delhi tops NITI Aayog's electric mobility index 2025, Maharashtra follows

The index assesses states and UTs on key parameters such as transport electrification, electric vehicle (EV) charging infrastructure, and research and innovation

Ultraviolette plans ₹779 crore Tamil Nadu plant as EV demand surges

The Hosur facility will initially produce 250,000 electric two-wheelers annually and can scale to 500,000 units as the company targets India's growing mass-market EV segment

VinFast steps up India localisation push, engages over 300 suppliers

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

India's EV charging stations cross 29,000, rise nearly six-fold since 2022

India had about 29,151 public EV charging stations as of December 2025 and 67,657 chargers as of early August 2026, with over 200 CPOs operating nationwide

VinFast suspends plans to make some EVs in India, reassesses costs

The Vietnamese automaker has asked suppliers to halt work on the VF3, VF6 and VF7 as it reassesses costs, dealing another setback to its India expansion

Ather's capacity catchup could take another 3-4 quarters: CEO Tarun Mehta

The company has monthly demand of more than 50,000 units, while present supply capacity is around 35,000 scooters a month, Tarun Mehta told Business Standard

Tata Motors gains EV market share as bookings triple in six months

Tata Motors Passenger Vehicles Ltd is gaining market share in the electric vehicle segment and has seen a three-fold increase in EV bookings over the last six months, even as production capacity is restricting its ability to fully capitalise on the strong demand, according to a senior company official. In an interview to PTI, Tata Passenger Electric Mobility Ltd, Chief Commercial Officer Vivek Srivatsa said, "If you see the last two three months, we are actually gaining market share every month. So it is the other way round, and in fact, in the last six months, the gap between us and the number two player has increased. And I would also publicly state that we had three 3x growth in bookings for EVs, and we are only restricted by our production capability". Tata Passenger Electric Mobility Ltd is a part of Tata Motors Passenger Vehicles Ltd Group. "I think consumers are increasingly confident of our products, and we have the widest product range, providing EVs to all kinds of differe

India's EV market to reach ₹20 trn by 2030, will create 50 mn jobs: Gadkari

India's electric vehicle (EV) market is expected to grow to Rs 20 lakh crore by 2030, with the potential to create five crore jobs, Union Minister Nitin Gadkari said on Wednesday. Addressing a summit organised by the CII-ITC Centre of Excellence for Sustainable Development, Gadkari said that currently 57 lakh electric vehicles are registered in India, with 7 per cent market penetration. "India's electric vehicle(EV) market will be worth Rs 20 lakh crore by 2030. It will also create five crore jobs by 2030," he said. The road transport and highways minister highlighted that India's two largest two-wheeler vehicle manufacturers, Bajaj Auto and Hero MotoCorp, export more than 50 per cent of vehicles they produce. Gadkari said there is demand for one lakh electric buses annually in India, but 'we are able to manufacture only 50,000-60,000 EV buses annually'. He said the government aims to make India's automobile industry number one in the world within five years. The future of the In

Hyundai Motor India partners Jio-bp to integrate EV charging networks

Hyundai Motor India Ltd on Tuesday said it has entered into a partnership with Jio-bp to integrate their respective EV charging networks and enhance charging accessibility for EV users across India. Jio-bp is the operating brand of Reliance BP Mobility Ltd, a joint venture between Reliance Industries and bp, and is a leading provider of EV charging services and solutions. Through this collaboration, EV customers will be able to discover, access and use Jio-bp pulse charging stations using the myHyundai app, Hyundai Motor India Ltd's (HMIL) integrated EV charging platform, further enhancing charging convenience and accessibility, the company said in a statement. With the integration of the Jio-bp pulse network, HMIL's EV charging ecosystem now provides access to over 37,000 charging points across India, while HMIL's high-capacity chargers will also be gradually integrated into the Jio-bp pulse charge pro app, it added. Commenting on the partnership, HMIL Executive Director and Funct

MATTER raises $25 million to expand manufacturing, launch four motorcycles

The deep-tech electric motorcycle maker will use the capital to scale capacity and distribution and broaden its product line with four launches over the next 12-24 months

Greaves Electric bets big on exports, eyes double-digit e2W market share

Greaves Electric Mobility aims to raise its electric two-wheeler market share above 10% as it expands products, distribution, exports and battery capabilities

Electric 2W rush hits supply roadblock as OEMs struggle to meet demand

Rising demand triggers high waiting period for major brands

Yulu raises $93 mn in Series C funding round, targets 200,000 EV fleet

Electric mobility-as-a-service (MaaS) platform Yulu on Wednesday said it has raised USD 93 million in a Series C funding round to scale its fleet fourfold to 200,000 EVs over the next two years, expand its service hubs, deepen strategic enterprise partnerships and accelerate its listing plans. The funding comprises USD 63 million in equity led by GEF Capital Partners and USD 30 million in debt, the company said. Securing this Series C capital is a validation of the company's business model, a massive headroom for demand, its execution capability, and the platform maturity it has built, said Amit Gupta, Co-founder & CEO of Yulu. "As we scale our fleet fourfold over next few quarters and launch high-capacity vehicle form factors, Yulu is positioned to remain the definitive backbone of India's urban hyperlocal mobility economy while transitioning seamlessly toward the public markets," he added. As a vertically integrated electric vehicle ecosystem spanning purpose-built hardware, ...

Govt halves e2W subsidy to ₹5k, extends PM E-DRIVE scheme till March 2028

Electric 2-wheeler incentive halved to ₹2,500/kWh, capped at ₹5,000 per vehicle; overall scheme outlay remains unchanged at ₹11,900 crore

5% cut in cost of ownership can make electric trucks competitive: MHI

TCO refers to the cost of buying and operating a vehicle over its lifetime