Page 2 - Electric Vehicles

Ola Electric launches LFP cell for EVs, rollout to begin next quarter

Ola Electric on Tuesday announced readiness of its in-house developed lithium iron phosphate (LFP) cell, marking a key milestone in its mission to accelerate electric mobility and build a full-stack energy ecosystem. Developed as part of Ola's vertically integrated battery innovation efforts, the new '46100' format LFP cell is bigger than the current NMC 4680 Bharat Cell and represents a step-change in scale, cost efficiency, and applicability across both mobility and energy storage solutions, and will begin entering its products starting next quarter, the company said in a statement. The announcement comes as Ola Electric's Gigafactory ramp continues to progress strongly, with thousands of vehicles powered by its 4680 Bharat Cells already on Indian roads, collectively clocking millions of kilometers in real-world conditions, it added. This growing on-road validation underscores the reliability and performance of Ola's indigenous cell technology while demonstrating the company's ...

EV retail sales in India rise 24.6% to 2.45 million units in FY26: Fada

Total electric vehicle retail sales in India grew by 24.6 per cent at 24.52 lakh units in FY26 as compared to the previous fiscal, with every category delivering strong double-digit growth, Federation of Automobile Dealers Associations said on Tuesday. While electric two-wheelers crossed 14 lakh units, electric passenger vehicle retail sales missed the 2 lakh units by a whisker but surged 83.63 per cent in FY26, FADA said in a statement. "FY'26 has been a watershed year for India's electric mobility story. Total EV retail across two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles stood at approximately 24.52 lakh units, growing nearly 24.6 per cent YoY, with every category delivering strong double-digit growth," FADA President CS Vigneshwar said. In the electric PV category, total sales were at 1,99,923 units in FY26 as compared to 1,08,873 units in FY25, a growth of 83.63 per cent. Tata Motors Passenger Vehicles was the leader in the electric PV segment by ..

West Asia conflict: Predictable expenses likely to boost EV demand

CSEP study says high crude prices may accelerate EV transition, but electric cars will continue to rely on fiscal incentives to remain competitive with ICE vehicles till 2030

Hero springs a surprise, emerges as top gainer in e2W market share

Hero MotoCorp gains ground in e2W market, Ola Electric loses share as EV growth remains uneven across states in FY26

Ola Electric receives PLI certification for Roadster X+ 4.5 kWh e-bike

Ola Electric on Friday said it has received the Certification for Compliance with the eligibility assessment requirements under the Production Linked Incentive (PLI) scheme for its electric bike Roadster X+ 11 kW 4.5 kWh. The Certification for Compliance was issued by the Global Automotive Research Centre (GARC) under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme), Ola Electric said in a statement. With this, Roadster X+ 4.5 kWh becomes the first motorcycle in the Roadster portfolio to receive PLI certification, marking a significant milestone in the company's expansion into the electric motorcycle segment, it added. The certification confirms a minimum Domestic Value Addition (DVA) compliance for Roadster X+ 4.5 kWh. The model is eligible for incentives under the PLI-Auto Scheme for all Roadster X+ 4.5 kWh units. "The PLI certification for our Roadster X+ 4.5 kWh is a strong validation of our efforts towards deep localisation and buildi

Electric vehicle sales saw surge in FY26 on strong year-end push

Electric vehicle sales rose sharply in FY26, driven by strong growth in two- and four-wheelers and a robust year-end push, as per Vahan registration data

Powered by tax relief, auto sales race to record 29.5 million in FY26

Strong rural demand, policy support, and festive season boost drive auto sales to record highs in FY26, while electric vehicles see rapid adoption across segments

War anxiety boosts E2W sales, penetration at 9.7%: Ather CBO Phokela

Fuel price fears amid West Asia tensions push electric two-wheeler penetration to 9.7%, as fence-sitters shift to EVs

JSW MG Motor India to hike prices by up to 2% on select models from April 1

JSW MG Motor India on Monday said it will hike prices of select models by up to 2 per cent from April 1, 2026, to offset rising input costs. The price hike will be on the company's mainline portfolio and will not include premium EV products -- MG M9 and Cyberster -- sold through MG Select channel. "This price revision is aimed at partially offsetting the impact of continuously rising input costs," JSW MG Motor India said in a statement. At present, the company sells a range of internal combustion engine (ICE) and EV vehicles under its MG portfolio, from the Comet EV priced at Rs 4.99 lakh plus Rs 3.2/kmw for battery subscription and Rs 38.33 lakh for the top-end SUV Gloster.

BYD sees EV exports beating target by 15% as overseas demand drives growth

BYD's optimistic export outlook follows disappointing results, including the company's first annual drop in profit in four years even as it toppled Tesla Inc. as the world's top-selling EV maker

How China's subsidy rollback has hit EV unicorn BYD's annual profits

Withdrawal of state support and an intensifying price war are squeezing BYD's margins and sales, forcing the EV major to rely on exports to sustain growth

2 years on, automakers still waiting for govt to clear FAME-II dues

EV manufacturers face potential financial impact as unspent subsidy allocations risk lapsing by the March 31

JSW Motors partners Dassault to accelerate EV design and manufacturing

JSW Motors has partnered Dassault Systemes to deploy a digital platform to accelerate EV design, engineering and manufacturing as part of its broader automotive push

Shift away from oil-based fuel to electricity: MHI tells auto sector

Ministry advises automakers to cut oil-based fuel use, optimise production and explore alternatives amid supply constraints triggered by West Asia conflict

VinFast mulls retail expansion in India; plans 75 outlets by end-2026

EV maker aims to expand presence across metros and emerging markets, strengthening retail network and ecosystem to boost adoption of electric mobility in India

Sony Honda Mobility cancels EV development project, to refund early buyers

Sony Honda will issue full refunds to those who have made reservations for what was to be its first model, the Afeela 1, in California

Euler Motors raises ₹437 crore in Series E round led by Lightrock

Euler Motors has raised Rs 437.5 crore in a Series E round led by Lightrock, along with Rs 250 crore in debt, to expand capacity and scale operations

New income-tax rules 2026 notified: What changes for your salary, HRA, EV perks and compliance

India has notified the Income-tax Rules, 2026 ahead of April 1 rollout. From EV tax perks and expanded HRA benefits to tighter crypto reporting and no change in tax slabs,

A first: Two-wheeler sales cross 20 million in FY26, shows VAHAN data

But electric penetration lags NITI Aayog's targets

JSW MG Motor bets on non-metros to accelerate sales of EV Windsor

With 70 per cent of its best-selling electric vehicle model Windsor coming from non-metros, JSW MG Motor India is stepping up efforts to accelerate sales by leveraging the opportunity through increased awareness, according to a senior company official. The MG Windsor has clocked cumulative sales of about 65,000 units since its launch in October 2024. Of the total sales of the model, four metros -- Delhi, Mumbai, Kolkata, and Chennai accounted for 30 per cent and rest of India contributed to 70 per cent. Commenting on the trend, JSW MG Motor India Chief Commercial Officer, Vinay Raina said EV sales were initially concentrated in metro cities, largely due to limited awareness and the absence of products that truly appealed to the masses. "The introduction of the MG Windsor changed this dynamic and became a key enabler of rapid EV adoption in non-metro cities. It was the right product at the right time -- encouraging customers in these markets to experience a sustainable driving option