Page 2 - Electric Vehicles In India

Aiming to reach Rs 400 crore revenue in FY26: Euler Motors founder

Founder & CEO Saurav Kumar says the firm will expand to 100 cities, launch affordable EVs, and ramp up production as it eyes doubling revenue to Rs 400 crore in FY26

Simple Energy develops India's first heavy rare earth-free EV motor

Simple Energy has started commercial production of heavy-rare-earth free EV motors, achieving 95 per cent localisation as it eyes a $350 million IPO in FY27

Delhi govt set to release Rs 140 crore EV subsidy dues after HC rap

The Delhi government will soon begin clearing pending electric vehicle (EV) subsidy dues of about Rs 140 crore, officials said on Monday. Transport Minister Pankaj Singh said the department will verify all subsidy applications to address the backlog, which has accumulated over two years. According to an official, the government is also preparing a portal for clearing the pending dues. The development comes in the aftermath of directions by the Delhi High Court. The court on September 3 ordered the Delhi government to take immediate steps to disburse the subsidies promised to customers for buying electric vehicles and said procedural hurdles cannot be used as a pretext to delay payments. A bench comprising Chief Justice Devendra Kumar Upadhayaya and Justice Tushar Rao Gedela noted that the government cannot hide behind the fact that the Delhi Electric Vehicles Policy of 2020 does not prescribe a timeline for disbursing the amount. Officials stated that the order will be followed,

India tests alternate EV motors as China tightens rare earth exports

Seven Indian automakers are reviewing the motors, and if cleared, production could begin within a year, well ahead of an initial 2029 target

Hinduja Group to invest ₹7,500 cr in TN, AstraZeneca to expand GITC

The Hinduja Group will target cell and battery manufacturing for Tamil Nadu's EV ecosystem, while AstraZeneca will invest ₹716 crore to expand its Chennai innovation and tech centre

Looking at India for small e-cars as GST rate cuts boost market: VW CEO

German automotive group Volkswagen is looking at India as a potential market for its affordable small electric cars and is working with partners on how to best introduce them in the market, its CEO Oliver Blume said on Sunday. The group, which presented an all-electric small car family in its entirety for the first time at IAA Mobility, feels that the reduction of goods and services tax (GST) on automobiles in India makes the Indian automotive market, already the third largest, more attractive, Blume told PTI here on the sidelines of the event. Under the electric small car family, the VW Group showcased 'ID. CROSS Concept' SUV from Volkswagen brand, Skoda Epiq SUV along with sister models Volkswagen ID. Polo and CUPRA Raval. Blume said the group has been working on the entry level electric mobility across its various brands to offer affordable sustainable mobility under its project called electric urban car family. When asked how the group is looking at India as a market for the ..

VinFast enters India with VF6, VF7 electric SUVs: Check price, specs

Vietnam's VinFast debuts in India with two electric SUVs, VF6 and VF7, while also unveiling plans for e-buses, two-wheelers, charging stations, and smart cities

Delhi HC directs govt to clear pending EV subsidies, raps delay in payments

The Delhi High Court has ordered the government to quickly release pending EV subsidies; buyers have been waiting as procedural delays held back over ₹48 crore in payments

Govt may hike GST on luxury EVs, blow for Tesla, BMW, Mercedes, BYD

The panel recommended raising the GST rate to 18per cent from 5per cent currently for EVs priced between 2 million and 4 million rupees ($23,000-$46,000)

Ather Energy unveils new 2W platform for next generation of e-scooters

Electric two-wheeler maker Ather Energy on Saturday unveiled a new two-wheeler platform for a new generation of electric scooters across multiple segments. The company also announced a series of other significant product and technology developments, including showcasing a concept moto-scooter Redux, and AtherStack 7.0, which would alert riders to share live location, report on potholes and crashes, update them on tyre pressure, among others. Built for versatility, scalability, and cost optimisation, the new e-scooter platform is the first vehicle architecture since the launch of Ather 450, the company announced at an event here. "With the EL platform, we are laying the foundation for Ather's next phase of growth. Just as the 450 defined our first chapter, EL will define the next, enabling us to develop multiple types of scooters at scale far more efficiently," said Tarun Mehta, Co-founder & CEO, Ather Energy, at the event. This platform-first approach enables faster innovation and

Odisha 5th in green mobility in India, aims to expand e-bus fleet beyond 1K

The Odisha government on Friday said that the state ranks fifth in the country in green mobility, and the authorities have set an ambitious target to enhance its electric bus fleet to over 1,000 in the coming years. According to data, 14,329 e-buses are currently in operation across India, of which Delhi has the highest number of vehicles at 3,564, followed by Maharashtra (3,296), Karnataka (2,236), and Uttar Pradesh (850), according to an official statement. Odisha is in the fifth position among all states in the adoption of electric buses. Odisha has outpaced the neighbouring states in this field West Bengal (391), Andhra Pradesh (238), Chhattisgarh (215) and Jharkhand (46), it claimed. The central government, under various schemes, provides financial assistance to states to roll out e-buses. Odisha's Capital Region Urban Transport (CRUT) has been proactive in leveraging this support, while also preparing for an ambitious expansion of services to Sambalpur, Jharsuguda, Keonjhar

Auto part suppliers may take a detour from US market under two-tier tariff

The tariff imposed by the Donald Trump administration is expected to wipe out the Indian industry's $6.6 billion export market to the US

Ola Electric secures PLI certification for Gen 3 scooter portfolio

Ola Electric on Tuesday said its Gen 3 scooter portfolio has received certification under the Production Linked Incentive scheme for the automobile and auto components sector. The certification was granted by the Automotive Research Association of India (ARAI) to all seven Ola S1 Gen 3 scooters. With this milestone, Ola Electric's Gen 2 and Gen 3 scooter portfolio now stands PLI-certified, the Bengaluru-based firm said in a statement. The Gen 3 portfolio, comprising S1 Pro 3 kWh, S1 Pro 4 kWh, S1 Pro+ 4 kWh, S1 X 2 kWh, S1 X 3 kWh, S1 X 4 kWh and S1 X+ 4 kWh, represents the majority of the company's current sales, it added. As a result, this certification is set to significantly enhance Ola Electric's profitability from Q2 FY26 onwards, it noted. "Securing PLI certification for our Gen 3 scooters, which form the bulk of our sales, is a critical step towards profitability. This will directly strengthen our cost structure and margins, enabling us to deliver sustainable growth," a ..

Datanomics: Range anxiety persists despite healthy EV charging on NHs

The penetration of four-wheeler EVs (e4W) in India stood at 2 per cent in 2024, lower than the global average of 18 per cent

Centre asks banks to extend long-term loans for electric mobility

The government is set to have a laser sharp focus on e-trucks in India's EV transition journey, which - according to Niti Aayog's findings in a recent report - have virtually not taken off

EVs set to dominate 2025 festive launches, rare-earth crunch a concern

India may see its busiest EV festive season in 2025 with SUVs, luxury cars and scooters set to launch, but rare-earth supply bottlenecks risk delaying rollouts

Electric two-wheeler manufacturing loses charge amid rare earth shortage

Industry racing to fast-track magnet-free designs, diversifying sourcing

Lack of EV charging infra leading to range anxiety among customers: Maruti

Maruti Suzuki's Partho Banerjee states that the lack of sufficient charging infrastructure keeps electric vehicles from becoming primary cars. He also discusses the growth of SUVs and challenges with

Public charging infra development vital for EV adoption: Maruti Suzuki

The development of public charging infrastructure will play a vital role in faster adoption of electric vehicles as driving range anxiety has emerged as a deterrent to customers to accept an EV as a primary car in a household, according to a senior Maruti Suzuki India executive. The sales of electric passenger vehicles in the domestic market have almost doubled, but the overall base still remains small. "Total contribution of EVs is 4.5 per cent (overall PV sales), it has grown from 2.4 per cent to 4.5 per cent. Absolutely, if you see numberwise, growth is 100 per cent. But is it sustainable?" Maruti Suzuki India Senior Executive Officer (Marketing & Sales) Partho Banerjee said in an interaction. Maruti Suzuki is set to introduce its first electric model - e-VITARA this fiscal. Banerjee stated that the segment is not witnessing adequate growth as customers do not perceive EVs as the primary car in a household. "He (customer) has got many inhibitions that EV cannot be my first car.

Govt body NRDC suggests mandatory policy framework for zero emissions

ZEV credits will be calculated based on the difference between the ZEV-mandated requirements and the number of vehicles sold by the manufacturer