Page 12 - Electric Vehicles

With 3,564 e-buses, Delhi leads green mobility; Maharashtra, K'taka follow

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, with 450 such vehicles, 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 Sambal

Gensol's CoC, IRP deliberately delaying insolvency process: Lessor to NCLAT

SMAS Auto Leasing told NCLAT that Gensol's IRP and CoC had deliberately delayed the insolvency process in a dispute over e-vehicles, as the tribunal fixed hearing for September 2

Rare-earth crisis may impact EV industry's festival sales: TVS Motor

Firm launches new EV scooter Orbiter for ₹99,900

Ola Electric hits 5-month high; up 11% in weak market; stock outlook here

Ola Electric Mobility said earlier that it has secured Production Linked Incentive (PLI) certification for its Gen 3 Scooter Portfolio

Absence of local cell manufacturing biggest hurdle for EVs: RC Bhargava

MSIL Chairman R C Bhargava said India's EV growth is limited by the lack of cell manufacturing, high costs, and raw material dependence, as no company currently makes battery cells

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 ..

Delhi on track to become EV capital with 8,000 e-buses by 2026: Minister

Delhi is set to cement its place as the country's Electric Vehicle (EV) capital with 7,000 to 8,000 new electric buses on its roads by February 2026, Transport Minister Pankaj Singh said on Monday. At present, the city has 3,400 electric buses, ?up from 400 when Singh took charge. The fleet is expected to grow to 6,000 by the end of this year, he said. "Based on route rationalisation, Delhi requires 7,000 to 8,000 buses. We believe we will reach that target by February," the minister said while addressing the India Clean Transportation Summit 2025 at the India International Centre here. The expansion also includes the city's Devi buses, aimed at strengthening last-mile connectivity. Singh added that Delhi's new EV Policy 2.0, likely to be unveiled by February, will focus heavily on charging infrastructure. "We are creating infrastructure in housing societies, under flyovers and on vacant land in outer Delhi. Resident Welfare Associations will be involved, and Public-Private ...

India's lubricant majors bet on EVs, digital infra to fuel future growth

Castrol, Gulf Oil and others are expanding into EV fluids and thermal management for data centres while maintaining focus on ICE lubricants as long-term demand shifts reshape the industry

Tata Motors seeks govt help to ease electric vehicle raw material sourcing

Says that battery localisation remains a challenge

Bajaj Auto resumes Chetak e-scooter deliveries, rare earth magnets secured

Bajaj Auto on Friday said it has resumed supplies of its electric scooter, Chetak, across all dealerships after overcoming constraints caused by global rare earth magnet availability. In recent weeks, temporary supply constraints linked to international component availability had moderated deliveries. The sustained and growing demand for Chetak added further pressure on supply, Bajaj Auto said in a statement. Production and shipments recommenced on August 20, marking a faster-than-anticipated return to full capacity, it added. Further, Bajaj Auto said it has "secured sufficient supply of rare earth magnets and other key materials to ensure availability during the upcoming festive season". "Demand for Chetak remains robust, supplies have normalised, and deliveries against bookings have commenced. We are scaling up production to meet rising demand while staying true to our standards of quality and customer delight," Bajaj Auto President - Urbanite Business Unit, Eric Vas said. China

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

Rajasthan needs ease of doing business, cost cuts: Experts at BS Samriddhi

Experts at Business Standard's Rajasthan Samriddhi 2025 said the state must cut business costs, improve logistics, and ease rules to attract investors and boost growth opportunities

Indian EV makers face heat from China's export curbs on rare earth magnets

China's export restriction on key rare earth magnets has resulted in a supply chain bottleneck and impacted domestic industries, including electric vehicle manufacturers, Parliament was informed on Tuesday. In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada said consultations have been held regularly with relevant stakeholders to explore measures to address the issue. He also said that Ministry of Mines has been working to ensure supply chain resilience for critical minerals, including rare earth elements, which are used in producing rare earth magnets, as they are key materials for different sectors including EVs. To develop cooperation with countries having rich mineral resources, the mines ministry has already entered into bilateral agreements with governments of Australia, Argentina, Zambia, Peru, Zimbabwe, Mozambique, Malawi, Cote D'Ivoire and international organizations such as International Energy Agency (IEA). "The recent impositi

GST tweaks may impact electric vehicle demand, near-term car sales

Move likely to benefit smaller cars which have been under pressure

Swiggy partners with Bounce to roll out e-scooters for delivery fleet

Swiggy partners with Bounce to deploy e-scooters for delivery partners, starting in NCR and Bengaluru, to lower costs and reduce carbon footprint of last-mile deliveries

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

Electric scooter maker Ather looks to withhold claims under PM E-Drive

Under the scheme, the government offers companies ₹5,000 per vehicle if they meet the PMP requirements for PM E-Drive

Electric 2W firms gear up to ride out China's rare earth magnet squeeze

Leading Indian two-wheeler manufacturer Bajaj Auto, according to senior sources, has imported light rare earth magnets (also called heavy rare earth-free magnets) from China

Ola Electric targets global market with ₹5 lakh Diamondhead EV motorcycle

Ola Electric unveils the Diamondhead EV motorcycle with a Rs 500,000 price tag, aiming for global market expansion, while integrating a homegrown 4680 battery into key scooter and motorcycle models