Page 4 - Electric Vehicles In India

Tesla launches Model Y in India, starting at ₹60 lakh for RWD variant

Tesla India site lists Model Y RWD at ₹60 lakh, Long Range RWD at ₹68 lakh; prices significantly higher than in US, China and Germany

Ola Electric Q1 result: Loss widens to ₹428 crore, revenue drops 50%

Ola Electric Q1 FY26 result: The EV maker expects to deliver up to 375,000 vehicles in FY26, with projected revenues of ₹4,200-4,700 cr

Govt launches PM E-Drive scheme with up to ₹9.6 lakh for electric trucks

Union Minister H D Kumaraswamy on Friday launched the first scheme to provide customer facing incentives on purchase of electric trucks of up to Rs 9.6 lakh per vehicle as part of the government's PM E-DRIVE initiative, which has earmarked Rs 500 crore for electric trucks out of its Rs 10,900 crore outlay. Industries including ports, logistics, cement and steel will be the key beneficiaries of the scheme, which envisages support of up to 5,600 electric trucks. "Diesel trucks, though constituting only 3 per cent of the total vehicle population, contribute to 42 per cent of transport-related greenhouse gas emissions and significantly worsen air pollution. This pioneering scheme, guided by the visionary leadership of Prime Minister Narendra Modi, represents India's first dedicated support for electric trucks. It will drive our nation toward sustainable freight mobility, a cleaner future, and the realization of Viksit Bharat by 2047, in alignment with our net-zero emissions goal by 2070,

Kinetic Green plans to expand business; to launch 3 e-scooters in 18 months

Electric vehicle maker Kinetic Green on Friday said it plans to expand its business with the launch of three e-scooters over the next 18 months. The first of the three new products is expected to be launched around the festive season this year, the Pune-based firm said in a statement. Kinetic Green has partnered with Italy's Torino Design to co-create a new range of ultra-futuristic scooters, it added. "Having sold over 80,000 E2Ws in this initial phase, created a strong manufacturing infrastructure and a network of 400 exclusive dealers for E2W in the country, we are ready to aggressively expand our E2W business," Kinetic Green Founder and CEO Sulajja Firodia Motwani said. Having joined hands with Torino Design, the company aims to redefine electric scooters in the coming months, she added. Kinetic Green began its EV journey in 2016 with a range of electric three-wheelers. In 2022, it entered the two-wheeler space and launched E-Luna in 2024. The model has seen success across b

Gentari, Shell India forge EV charger roaming partnership in India

Clean energy firm Gentari and Shell India have formed a strategic partnership to improve electric vehicle (EV) charging accessibility nationwide, according to a company announcement on Thursday. The partnership aims to provide access to a collective network of over 450 EV charging points across India. "Effective July 10, Shell Recharge charging points will be accessible through the Gentari Go app, and Gentari chargers will be available to Shell Recharge users, giving them access to a network of more than 450 chargers," Gentari said in a statement. The partnership aims to significantly enhance EV charging accessibility and service quality in India by enabling roaming between Gentari Go and Shell Recharge. Gentari Go provides users with access to a growing network of over 5,000 charging points across India, Malaysia, and Thailand. In India alone, Gentari Go features more than 3,000 charging points. This network will increase with the integration of Shell Recharge's strategically loca

India's lithium-ion battery demand to reach 115 GWh by 2030: ICEA

EVs to drive India's lithium-ion battery demand to 115 GWh by 2030, ICEA report says, warning of $5 bn import exposure and underutilised recycling capacity

India's electric vehicle sales surged in June; slow start for e2Ws: Fada

India's EV market continued to expand in June 2025, with a notable rise in passenger vehicle sales. However, the two-wheeler segment saw a dip in H1 performance due to a weak start to the year

EV sales rise 28.6% in June; electric PVs, CVs lead growth: Fada

Fada data shows electric car sales nearly doubled in June 2025, two-wheelers grew 32%, and commercial EVs more than doubled

VinFast partners with RoadGrid for EV charging, servicing in India

Vietnam's electric vehicle maker VinFast on Tuesday said it has partnered with EV charging and aftersales solutions provider RoadGrid in India ahead of its product launch in the country. As VinFast prepares for its upcoming product launch in India, the company is laying strong groundwork to ensure nationwide accessibility, reliability, and convenience for its customers, and the partnership with RoadGrid is a part of this effort, it said in a statement. Further, the company said it aims to establish extended service workshops by partnering with potential service providers, including RoadGrid, to boost its aftersales operations across India. "Our goal is to make owning an electric vehicle as effortless and reassuring as possible. By joining hands with RoadGrid, we are taking meaningful steps to ensure that every VinFast customer in India has access to dependable charging and responsive service," VinFast Asia CEO Pham Sanh Chau said. The company is eyeing a launch in India with its VF

Luxury cars' share in EV sales up as uber rich shift to clean fuel

India's ultra-rich are embracing EVs, with the luxury electric segment growing 66% in 2025; Mercedes, BMW, Audi lead, aided by new launches and better charging infra

EV cost no longer a top concern as Uber drivers worry about charging access

The challenge will be tackling the new No. 1 concern - charging difficulties - especially for a company that depends on drivers who typically lack access to home charging

EV plans face 24-month delay as OEMs, suppliers hit R&D, execution limits

A study by Vector Consulting finds poor coordination, shared resources, and legacy systems are delaying electric vehicle launches and straining supplier networks across India

18 growth arenas McKinsey says could fuel India's global rise by 2040

India's 18 future arenas - from EVs and semiconductors to AI and space - could drive 30% of its GDP growth by 2040, making the country a global hub for innovation, tech, and industrial leadership

India's auto firms to give double-digit salary hikes in FY26: Deloitte

Driven by demand for EV, AI and automation roles, the automotive industry is set to give the highest salary hikes in FY26, outpacing most other Indian sectors

VinFast scales back India sales target, delays production and bookings

The rollout of VinFast's VF 7 and VF 6 models in India is expected to face a month's delay, attributed to the company's ongoing uncertainties around sales and distribution network in the country

Dedicated PLI scheme for green HEMMs vital to boost investment: Report

There is need for a dedicated production-linked incentive scheme for manufacturing of electric and other alternate fuel-based Heavy Earth Moving Machinery (HEMMs) as it will help unlock new investment, says a report. India currently has limited domestic demand for electric and alternate fuel HEMMs. In the absence of stable domestic demand, original equipment manufacturers, suppliers are unlikely to make the capital-intensive investments needed to manufacture electric and other alternate fuel HEMMs and localise key components, the report by the apex mining body said. There was a "need for a dedicated Production-Linked Incentive (PLI) scheme for electric and alternate fuel-based HEMMs and their critical sub-systems -- in line with existing PLI schemes for auto and auto components," the Federation of Indian Mineral Industries (FIMI) said in a report. The scheme should prioritise high-value components with significant import dependence and offer graded incentives linked to value additi

Electric vehicles: Why change is needed and how to make it happen

By 2030, the penetration of EV sales would be 70 per cent of all new commercial cars, 30 per cent of private cars, 40 per cent of buses, and 80 per cent of two- and three wheelers

India needs 6,900 acres land, $9 bn EV infra investment by 2030: Report

Nearly 6,900 acre of land and USD 9 billion investments will be required by 2030 for setting up facilities for EV (electric vehicle) manufacturing, lithium-ion battery production and public charging stations, according to Savills India. Real estate consultant Savills India has released report 'Charged for Change: How EVs Are Reshaping Indian Real Estate' stating that the EV market in India has witnessed significant growth in recent years, driven by market forces, government policies, rising environmental concerns, and increasing fuel costs. The government has launched several initiatives to accelerate EV adoption and strengthen the supporting ecosystem. "An investment of USD 7.5 to 9 billion will be required by 2030, primarily for land acquisition and the development of facilities for EV manufacturing, lithium-ion battery production, and public charging stations," the consultant said. In high-adoption scenario, the required investments will be USD 9 billion while USD 7.5 billion wi

VinFast's ₹16,000-cr EV plant in TN misses out on India's incentive scheme

VinFast's EV plant in Tamil Nadu becomes ineligible for India's EV incentive scheme as investment was capitalised before approval date; fresh ₹4,150-crore needed to qualify

Govt to open EV making policy with duty cuts to lure global manufacturers

The policy offers to slash duty to 15 per cent on any imported electric car priced from $35,000 if they invest at least ₹4,150 crore, or about $500 million, to set up a local plant within three years