Saturday, May 02, 2026 | 05:24 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Electric Vehicles In India

EV startups seek govt intervention: CII writes to PMO, flags PLI flaws

Confederation of Indian Industry flags structural flaws in auto PLI scheme, seeks easier norms to support EV startups and boost innovation

EV startups seek govt intervention: CII writes to PMO, flags PLI flaws
Updated On : 01 May 2026 | 11:56 PM IST

EV sales jump nearly 70% in Jan-Apr; momentum sustains beyond March spike

April volumes hold near peak despite fewer selling days; Tata leads while M&M and Maruti gain share amid broad-based growth

EV sales jump nearly 70% in Jan-Apr; momentum sustains beyond March spike
Updated On : 01 May 2026 | 11:53 PM IST

Ola Electric delivers 20% MoM growth in April, continues recovery momentum

Ola Electric on Friday announced a strong month-on-month growth in April 2026, with registrations rising to 12,166 units, up from 10,133 units in March, according to VAHAN data. This represents a 20 per cent MoM increase, building on the recovery momentum seen in March, Ola Electric said in a statement. The company's performance stood out in a month when the broader electric two-wheeler industry declined by over 22 per cent MoM, it added. Ola Electric was the only leading EV two-wheeler brand to grow month-on-month in April, reflecting improving customer confidence, stabilising operations, and continued demand for its expanding EV portfolio, the company said. "March marked a strong recovery for Ola Electric, and April has continued that momentum. Registrations grew 20 per cent month-on-month even as the market declined sharply, making Ola the only leading EV two-wheeler brand to grow in April," an Ola Electric spokesperson said. This reflects stronger execution, stabilising ...

Ola Electric delivers 20% MoM growth in April, continues recovery momentum
Updated On : 01 May 2026 | 2:32 PM IST

Oben Electric eyes 3x sales growth on new launches, network expansion: CEO

Electric motorcycle maker Oben Electric is banking on new products and network expansion to increase its sales by about three times this year, according to its Founder & CEO, Madhumita Agrawal. The company, which on Thursday launched its third electric motorcycle model Rorr EVO at an introductory price of Rs 99,999, will launch one more model this year and is targeting to have 350 sales outlets by the end of this year, Agrawal told PTI. Last fiscal year the company sold about 4,000 units. "We're looking at 3x growth, and from our store perspective, we'll have almost 350 plus stores (by the end of the year)," she said when asked about the company's growth outlook. Agrawal further said,"Today, we are at 150 stores and moving forward, we are adding further and closing the year with 350 stores." The company has presence in 18 states, all the metros, she said adding,"We are present in tier one, tier two, and even in tier four." With the major population riding motorcycles, the strateg

Oben Electric eyes 3x sales growth on new launches, network expansion: CEO
Updated On : 30 Apr 2026 | 2:24 PM IST

India EV sales double, mid-market surges as entry segment shrinks

EV volumes rise 87 per cent in FY26, with ₹20-30 lakh segment gaining share while entry-level adoption weakens due to affordability and product gaps

India EV sales double, mid-market surges as entry segment shrinks
Updated On : 26 Apr 2026 | 11:59 PM IST

VinFast to offer multiple EV options across different segments in India

Vietnamese electric carmaker VinFast on Wednesday said it will offer multiple product options addressing different segments in India as it reiterates its commitment to the country. The company launched its all-new premium electric, seven-seater multi-purpose vehicle VF MPV 7 priced at Rs 24.49 lakh (ex-showroom India). "With the VF MPV 7, we are entering a new segment, but more importantly, we are expanding our commitment to India," VinFast India CEO Tapan Ghosh said at the launch of the new model. Noting that the VF MPV 7 seven is designed for modern Indian customers to move together with family or friends, he said the new model is also a signal of where VinFast is headed in India. "We are here to offer multiple product options to Indian customers for their varied mobility needs," Ghosh said. VinFast has been accelerating expansion of its retail and service network across India with a target of 75 showrooms nationwide by the end of 2026, up from the current 50 touchpoints, Ghosh

VinFast to offer multiple EV options across different segments in India
Updated On : 15 Apr 2026 | 6:55 PM IST

Delhi draft EV policy: 100% tax exemption on electric cars under ₹30 lakh

Draft policy proposes 50% relief for hybrids, outlines phased shift to electric mobility, including 2027 three-wheeler transition and gradual restrictions on ICE vehicles

Delhi draft EV policy: 100% tax exemption on electric cars under ₹30 lakh
Updated On : 11 Apr 2026 | 5:20 PM IST

EV retail sales in India rise 24.6% to 2.45 million units in FY26: Fada

Total electric vehicle retail sales in India grew by 24.6 per cent at 24.52 lakh units in FY26 as compared to the previous fiscal, with every category delivering strong double-digit growth, Federation of Automobile Dealers Associations said on Tuesday. While electric two-wheelers crossed 14 lakh units, electric passenger vehicle retail sales missed the 2 lakh units by a whisker but surged 83.63 per cent in FY26, FADA said in a statement. "FY'26 has been a watershed year for India's electric mobility story. Total EV retail across two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles stood at approximately 24.52 lakh units, growing nearly 24.6 per cent YoY, with every category delivering strong double-digit growth," FADA President CS Vigneshwar said. In the electric PV category, total sales were at 1,99,923 units in FY26 as compared to 1,08,873 units in FY25, a growth of 83.63 per cent. Tata Motors Passenger Vehicles was the leader in the electric PV segment by ..

EV retail sales in India rise 24.6% to 2.45 million units in FY26: Fada
Updated On : 07 Apr 2026 | 5:02 PM IST

JSW MG Motor India to hike prices by up to 2% on select models from April 1

JSW MG Motor India on Monday said it will hike prices of select models by up to 2 per cent from April 1, 2026, to offset rising input costs. The price hike will be on the company's mainline portfolio and will not include premium EV products -- MG M9 and Cyberster -- sold through MG Select channel. "This price revision is aimed at partially offsetting the impact of continuously rising input costs," JSW MG Motor India said in a statement. At present, the company sells a range of internal combustion engine (ICE) and EV vehicles under its MG portfolio, from the Comet EV priced at Rs 4.99 lakh plus Rs 3.2/kmw for battery subscription and Rs 38.33 lakh for the top-end SUV Gloster.

JSW MG Motor India to hike prices by up to 2% on select models from April 1
Updated On : 30 Mar 2026 | 2:41 PM IST

Delhi govt eyes private push to expand EV infra ahead of policy rollout

In a bid to strengthen the EV infrastructure, the Delhi government is likely to urge vehicle manufacturers to set up charging stations under its new EV policy, a senior government official said on Friday. With the existing electric vehicle (EV) policy set to lapse by March-end, the government plans to finalise and notify the revised policy by then, looking to table the policy in the upcoming budget session. "We have asked around 400 venders and vehicle-makers to explore setting up EV charging stations, and the Delhi government will provide all required assistance," an official said. With its pollution-control action plan promoting greater adoption of electric vehicles, the Delhi government plans to add 7,000 EV charging stations across the city. Currently, EV charging stations are mostly situated at Namo Bharat and Delhi Metro stations, and set up by power discoms. Delhi has around 8,800 EV charging stations at present, according to official data. Now, the Delhi government plans t

Delhi govt eyes private push to expand EV infra ahead of policy rollout
Updated On : 20 Mar 2026 | 11:58 PM IST

EV policy boost: Nomura sees gains for Tata Motors, M&M, Ather, Sona BLW

The latest recommendations by the Parliamentary Committee on EV policy reforms (PM E-DRIVE) could boost Tata Motors, M&M, Ather, and Sona BLW, said analysts at Nomura

EV policy boost: Nomura sees gains for Tata Motors, M&M, Ather, Sona BLW
Updated On : 17 Mar 2026 | 11:08 AM IST

Numeros Motors ties up with Royal Sundaram for rider insurance cover

With a premium of ₹1,200, the policy targets buyers of the n-First electric scooter, offering accident cover, hospital cash benefits, and a cancer plan for women riders

Numeros Motors ties up with Royal Sundaram for rider insurance cover
Updated On : 07 Mar 2026 | 2:35 PM IST

How India's EV strategy must change: Put customers first, technology next

India's EV slowdown is rooted in weak customer insight and how new ideas are adopted

How India's EV strategy must change: Put customers first, technology next
Updated On : 02 Mar 2026 | 7:00 PM IST

CAQM panel may set annual EV sales targets for automakers in Delhi-NCR

The CAQM's expert committee is examining mandatory annual EV sales targets for automakers in Delhi-NCR, with thresholds rising each year towards a phased shift to 100 per cent electric vehicle sales

CAQM panel may set annual EV sales targets for automakers in Delhi-NCR
Updated On : 28 Feb 2026 | 1:50 PM IST

PLI can unlock massive EV export opportunity: Ather CEO at BS Manthan

Tarun Mehta, CEO of Ather Energy, said that India has no competition in the mid-tier EV two-wheeler segment and PLI schemes can help the industry expand its global footprint

PLI can unlock massive EV export opportunity: Ather CEO at BS Manthan
Updated On : 24 Feb 2026 | 6:06 PM IST

EV insurance: Avoid non-OEM chargers to prevent battery-cover exclusions

Older EVs, typically five years and above, may not be eligible for some add-ons and may face higher premiums

EV insurance: Avoid non-OEM chargers to prevent battery-cover exclusions
Updated On : 23 Feb 2026 | 4:35 PM IST

Ola Electric plans to cut store count to 550 amid market share slump

Ola Electric reportedly plans to cut its store count to about 550 by March as sales slow, market share falls sharply and the company restructures operations to reduce costs

Ola Electric plans to cut store count to 550 amid market share slump
Updated On : 20 Feb 2026 | 9:35 AM IST

Maruti Suzuki launches its first EV with battery rental scheme

The car has ​been ‌developed under parent Suzuki Motor's ‌global design and manufacturing partnership with ‌Toyota and is ​built in ​India

Maruti Suzuki launches its first EV with battery rental scheme
Updated On : 17 Feb 2026 | 3:15 PM IST

JSW MG to launch four models in 2026, to invest between ₹3k cr-₹4k cr: MD

The new models include a plug-in hybrid, an electric vehicle, the Majestor SUV and one additional model yet to be disclosed

JSW MG to launch four models in 2026, to invest between ₹3k cr-₹4k cr: MD
Updated On : 16 Feb 2026 | 11:24 PM IST

Euler Motors partners Jio-bp to expand EV charging network across India

Electric commercial vehicle manufacturer Euler Motors on Monday said it has tied up with Jio-bp to collaborate on expanding EV charging infrastructure across high-demand logistics hubs in India. The strategic partnership aims to support the growth of electric commercial vehicles by improving charging accessibility for fleet operators and users nationwide. As part of the collaboration, the partners will identify business hubs for commercial EV deployment. "India's transition towards sustainable mobility requires strong collaboration between vehicle innovation and energy infrastructure. Our partnership with Euler Motors represents a shared commitment to accelerating the electrification of commercial logistics, a segment that will play a decisive role in reducing urban emissions and improving freight efficiency," Jio-bp Chairman Sarthak Behuria said in a statement. Ashish Tandon, Global Head of Customer Excellence, Euler Motors, added that the MoU brings together two committed partner

Euler Motors partners Jio-bp to expand EV charging network across India
Updated On : 09 Feb 2026 | 4:19 PM IST