Electric Vehicles In India

Electric two-wheeler rental firms charge up for gig delivery boom

Yulu, Zypp Electric and Baaz Bikes are expanding fleets and operations as they target a growing delivery workforce seeking cheaper alternatives to petrol-powered two-wheelers.

All 4 EV segments see highest ever October registrations: Fada data

EV retail rises 44.88% YoY; Tata leads electric PVs and TVS tops two-wheelers as supply constraints limit sales despite strong demand across vehicle segments in October

Odisha proposes 290 new EV charging stations under PM E-DRIVE scheme

The Odisha government has submitted a proposal to the Centre for setting up 290 additional public electric vehicle (EV) charging stations in 13 cities across the state under the PM E-DRIVE scheme, officials said on Wednesday. The proposal has been submitted under the direction of Commerce and Transport Minister Bibhuti Bhushan Jena as part of the state's efforts to strengthen EV infrastructure, they said. In the first phase of the scheme, the Centre has approved the setting up of 170 EV charging stations in seven major cities, and work on the project is currently underway, an official statement said. In the second phase, the state has proposed setting up 290 additional public charging stations in Rourkela, Talcher, Sambalpur, Paradip, Barbil, Balpahad, Berhampur, Brajarajnagar, Chhatrapur, Jharsuguda, Joda, Keonjhar and Rajgangpur, besides locations along various national and state highways. Of the proposed locations, 68 are at Wayside Amenity Centres under the tourism department,

Indian Bank targets ₹100 crore lending under EV charging scheme in FY27: MD

Indian Bank has set a lending target of Rs 100 crore for the current fiscal year under its dedicated financing scheme for electric vehicle (EV) charging infrastructure, as the public sector lender seeks to tap business opportunities in the fast-growing green mobility segment. The bank has launched 'IND Green Charge', a financing scheme for public, captive and fleet charging stations under both standalone and franchise models. The bank will offer loans of up to Rs 10 crore for a maximum tenure of 8 years, Indian Bank MD and CEO Binod Kumar told PTI. "We have set lending targets of Rs 100 crore for the remaining five months of the ongoing financial year and Rs 250 crore for the coming financial year under this scheme," he said. The initiative aims to promote entrepreneurship among micro, small and medium enterprises (MSMEs), generate employment and support India's transition towards sustainable mobility, he added. According to reports, EV sales grew 29.7 per cent to 26.59 lakh units

Best of Opinion: Will El Niño's delayed fallout show up in H2FY27?

Today's editorials and columns examine SBI's cybersecurity concerns, Delhi's pollution response, El Niño's impact on economic growth, EU steel regulations and India's electric vehicle transition.

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

Euler CEO urges states to emulate Delhi policy for commercial EV push

Euler Motors CEO Saurav Kumar says state policies can accelerate commercial EV adoption by addressing costs, financing and charging infrastructure barriers

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 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