Ford said it will take $19.5 billion in charges mainly linked to its EV business, as weak demand forces the carmaker to scale back electric plans and focus more on hybrids and petrol vehicles
In taking the charges, Ford is acknowledging it built far too much battery production capacity and was going down a dead-end with large EVs that were destined to lose more money
Banerjee identified driving range, inadequate public charging infrastructure, after-sales support and resale value as the biggest challenges to EV adoption in India
Maruti Suzuki India plans to localise battery production and other critical components over the next few years as part of strengthening the overall EV ecosystem in the country. The company, which plans to launch its first electric vehicle - e VITARA in the domestic market next year, is looking to instill confidence in the buyers as it looks to strengthen the overall EV ecosystem. "Right now we are importing the batteries but yes we have a plan for localisation. It is very much on the cards in a phased manner over the next few years," Maruti Suzuki India Senior Executive Officer (Marketing & Sales) Partho Banerjee told reporters here. He noted that the electric vehicle penetration in India will grow only when the consumer has the confidence to buy it as a primary car in the household. "We believe that the customer is not confident (about EVs). The initial products that were launched, and the experiences from those, has created a huge amount of negativity in the minds of people ...
The savings are eye-catching: BYD Co. slashed as much as 38 per cent from the sticker price for its Seal electric sedan in October, and is offering compensation if there are more price cuts
India's electric vehicle (EV) battery market demand will surge from 17.7 GWh in 2025 to a staggering 256.3 GWh by 2032, according to a Customized Energy Solutions' (CES) report on Friday. This explosive growth is driven by India's push toward electrification, with rising fuel prices, strong consumer demand, rapid model launches, and robust policy support, all converging to create a unique growth environment, the 2025 EV Battery Technology Review Report said. It notes that a compound annual growth rate (CAGR) of 35 per cent is expected over the next seven years, signalling a seismic shift in the nation's automotive sector. As electric mobility accelerates worldwide, the report provides deep insights into breakthroughs in chemistry, performance, advancements, and manufacturing strategies shaping next-generation battery systems. "Breakthroughs in battery chemistry are at the core of India's EV revolution. Innovations like LFP Gen 4 and the emergence of sodium-ion technology are not ju
Uttar Pradesh is the second-largest car market in India by volume, but when it comes to EV sales, the state currently ranks eighth
forex pressures, rising commodity prices, rural demand uncertainty to push prices up
PVs grow 77.5% while 2Ws post 9.85% growth
Given the withdrawal of EV support from US President Donald Trump's administration, the No. 2 US automaker faces the dual expense of investing in combustion-engine models
Ola Electric on Sunday said it has commenced mass deliveries of its 4680 Bharat Cell power vehicles. The S1 Pro+ (5.2kWh) is the first product to be powered by the company's indigenously manufactured 4680 Bharat Cell battery pack that delivers more range, better performance and enhanced safety. "Deliveries are now in full swing, and customers are proudly riding India's first scooters powered by our own 4680 Bharat Cell. This is a big moment, not just for Ola, but for India's journey towards becoming a global EV hub," said a company spokesperson in a statement. With its own battery packs in the vehicles, Ola Electric is now India's first company to fully own the battery pack and cell manufacturing process in-house. S1 Pro+ (5.2kWh) is powered by a 13 kW motor offering a brisk acceleration of 0-40 kmph in just 2.1 seconds. The model comes with a range of 320 km and gets four riding modes - Hyper, Sports, Normal and Eco. It also offers enhanced safety with category-first dual ABS, a
VinFast will invest an additional $500 million to expand its Thoothukudi facility for electric bus and e-scooter manufacturing, under a new MoU with Tamil Nadu
India's electric two-wheeler market grew 10% in January-November 2025 to 1.18 million registrations. TVS and Bajaj led, while Ola fell sharply in November, Vahan data shows
Maruti Suzuki builds a 2,000-point EV charging network across 1,100 cities as it prepares to launch the five-star-rated e-Vitara in 2026 and ramps up nationwide electric mobility support
November brought a sharp correction in India’s electric two-wheeler market after a blockbuster festive October. Registrations dipped, rankings shifted
Once the market leader, Ola Electric saw registrations fall below the 10,000-a-month mark, down to 8,254 units, almost half of what it posted in October, according to Vahan data
Mahindra plans to deploy 1,000 ultra-fast highway chargers by 2027 across 250 major corridors, complementing its growing INGLO-based electric SUV lineup and rising EV production capacity
Draft CAFE norms distort level playing field, they added
The sector was riding high - with Xpeng Inc.'s year-to-date gain exceeding 130 per cent earlier this month. But signs of pressure at even established firms like BYD Co. have raised new questions
Mahajan warns that a sub-909 kg carve-out could distort competition, curb R&D and slow India's clean-mobility goals