Electric Vehicles Sales

Zelio E-Mobility opens Coimbatore plant, annual capacity up at 240k units

: Electric mobility firm Zelio E-Mobility on Monday announced the inauguration of a new manufacturing facility in Coimbatore, Tamil Nadu, with an annual production capacity of 60,000 units, as part of its expansion strategy in south India and parts of Maharashtra. With the commissioning of the new plant, the company's total installed manufacturing capacity has increased to 2.4 lakh units per annum across its four facilities. Established with a capital investment of up to Rs 1 crore, the new facility spans approximately 39,000 sq ft and will support electric scooter assembly, storage, logistics, and allied business operations, the company said. The plant will manufacture and assemble electric two-wheeler models from Zelio E-Mobility's product portfolio to begin with, it added. The Coimbatore plant will primarily cater to southern markets, including Tamil Nadu, Karnataka, Kerala, Telangana, Andhra Pradesh, and south Maharashtra. During its initial phase of operations, Zelio said the

IRF urges Delhi govt to remove price cap for EV policy incentives

The International Road Federation (IRF) on Thursday urged the Delhi Chief Minister to remove the price ceiling on incentives under the Delhi Electric Vehicle Policy, stating that all EVs, regardless of their price, play an equal role in reducing pollution. At present, to qualify for the 100 per cent road tax and registration fee waiver, the vehicle's ex-showroom price must be Rs 30 lakh or below; electric cars priced above this cap receive no tax breaks, IRF said in a statement. In a letter to Delhi Chief Minister Rekha Gupta, IRF president emeritus KK Kapila commended the Delhi government for its proactive efforts in promoting electric mobility through attractive incentives and the expansion of EV charging infrastructure. Kapila, however, emphasised that restricting incentives to vehicles below a specified price limit may discourage the adoption of electric vehicles in several segments of the market. He suggested that the government extend EV incentives without any price ceiling s

Electric trucks next priority after e-2Ws, says PMO's Tarun Kapoor

Tarun Kapoor says Delhi's move to allow only electric two-wheelers from 2028 sends the right signal; Centre may consider more support for e-trucks if PM E-Drive gains momentum

EV adoption even more relevant after West Asia crisis: PM's Advisor

Adoption of electric mobility has become the most essential task for India as the West Asia crisis has shown how vulnerable the country is to external forces as far as energy is concerned, Tarun Kapoor, Advisor to the Prime Minister of India, said on Thursday. The country also needs to focus on localisation and reduce imports from China for critical parts while pushing for electric mobility, Kapoor said while addressing a conference on 'Building India an electric mobility hub for Viksit Bharat' organised by industry body Assocham. The topic has "become even more relevant after the West Asia crisis. Probably, I would say that for our country now getting into electric mobility has become the most essential task, which we all collectively have to accomplish," he noted. He said if India's crude oil imports dropped, it would give a lot more strength to the economy and help the rupee to appreciate. Reflecting on how the share markets behave during the crisis, Kapoor said, "We have become

Global demand for EV rises 3% for third straight month in May: BMI data

'Europe really is the driving factor towards this growth at the moment', said BMI data manager Charles Lester

Hero MotoCorp eyes stronger market lead on new launches, e-scooter sales

Two-wheeler maker Hero MotoCorp is confident of strengthening its leadership with a double-digit growth in FY27, during which it expects to launch over 12 new products, according to its CEO Harshavardhan Chitale. The company sees its scooters, which have witnessed strong demand for both internal combustion and electric versions, as one of the 'growth vectors' and expects over 50 per cent of its overall scooter sales to be electric by 2030, Chitale told PTI in an interview. With low emission powertrains emerging as a trend across the industry, he said, Hero MotoCorp is also working on a variety of options "to stay ahead of the curve" as a market leader. "So far we are leading, and we hope we continue to do so going forward," he said when asked if Hero MotoCorp is ready to defend its leadership position as competition intensifies in the Indian two-wheeler market. While declining to comment on competitors, Chitale said,"We will stay focused on doing what's right for the customer. We s

Electric cars: Forgotten past, repeated rise and fall before latest revival

The very first EV was born in the 1830s; By the 1900s, electric carriages were dodging horse droppings in Manhattan streets

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

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

Ola Electric soars 34% in 3 days; hits 7-wk high on huge volume; here's why

As India moves toward reducing dependence on imported crude oil, Ola Electric said it will continue to focus on advancing battery technology and accelerating EV adoption.

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

China's BYD set to overtake Tesla as world's top EV seller on annual sales

China's BYD is set to beat Tesla in global EV sales in 2025, driven by strong China demand and rising overseas sales, even as competition intensifies in key markets

India must work with China on EV tech for 5-10 years: Uno Minda chair

Since April this year, China has restricted the export of rare-earth permanent magnets (REPMs) to India, hitting production in the domestic automobile industry

TVS Motor Q2 results: Profit jumps 42% on festive demand, record sales

Driven by festive demand and strong domestic growth, TVS Motor posted record sales of 1.51 million units and launched four new models in the September quarter

Global EV price war heats up as Tesla, Nissan and Hyundai slash prices

Automakers worldwide are cutting electric vehicle prices as demand slows; Tesla, Hyundai, Nissan and Chinese brands lead a global price war to attract buyers

BYD brings price war to Japanese market in bid to win over customers

The automaker sold just 5,300 vehicles between January 2023 and June this year despite opening its 45th sales location in Japan

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

Leapmotor outpaces China EV rivals with soaring sales, 200% stock surge

Ten-year-old Leapmotor has won over investors by outcompeting its peers in price, principally by producing a large proportion of components in-house

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

EV adoption surges in developing nations, challenging oil demand narrative

Like the EV surge in Gulf oil nations, it signals a rapid global shift to electric mobility, making OPEC's forecast of a 50% rise in developing nations' oil use by 2050 seem unrealistic