Page 2 - Electric Vehicles

Ola Electric delivers 20% MoM growth in April, continues recovery momentum

Ola Electric on Friday announced a strong month-on-month growth in April 2026, with registrations rising to 12,166 units, up from 10,133 units in March, according to VAHAN data. This represents a 20 per cent MoM increase, building on the recovery momentum seen in March, Ola Electric said in a statement. The company's performance stood out in a month when the broader electric two-wheeler industry declined by over 22 per cent MoM, it added. Ola Electric was the only leading EV two-wheeler brand to grow month-on-month in April, reflecting improving customer confidence, stabilising operations, and continued demand for its expanding EV portfolio, the company said. "March marked a strong recovery for Ola Electric, and April has continued that momentum. Registrations grew 20 per cent month-on-month even as the market declined sharply, making Ola the only leading EV two-wheeler brand to grow in April," an Ola Electric spokesperson said. This reflects stronger execution, stabilising ...

Oben Electric eyes 3x sales growth on new launches, network expansion: CEO

Electric motorcycle maker Oben Electric is banking on new products and network expansion to increase its sales by about three times this year, according to its Founder & CEO, Madhumita Agrawal. The company, which on Thursday launched its third electric motorcycle model Rorr EVO at an introductory price of Rs 99,999, will launch one more model this year and is targeting to have 350 sales outlets by the end of this year, Agrawal told PTI. Last fiscal year the company sold about 4,000 units. "We're looking at 3x growth, and from our store perspective, we'll have almost 350 plus stores (by the end of the year)," she said when asked about the company's growth outlook. Agrawal further said,"Today, we are at 150 stores and moving forward, we are adding further and closing the year with 350 stores." The company has presence in 18 states, all the metros, she said adding,"We are present in tier one, tier two, and even in tier four." With the major population riding motorcycles, the strateg

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

Government extends EV subsidies to boost adoption: Temporary fix or long-term strategy?

The Centre has extended subsidies for electric two-wheelers until July 2026 and for electric three-wheelers until March 2028, under the ₹10,900 crore PM E-DRIVE scheme.

Tesla bets on ecosystem-first strategy to unlock India EV market

Tesla is prioritising charging, service and ownership ecosystem in India before scaling volumes, aiming to overcome structural barriers in the nascent EV market

Waaree Technologies zooms 105% in 8 trading days; Microcap firm clarifies

The price movement in the scrip is absolutely market driven and the management neither has any control nor has any knowledge of the reasons for the significant movement, the company said.

Yulu hits 1 bn km milestone in Bengaluru, deepens last-mile EV dominance

Shared EV operator expands last-mile dominance with 190 million deliveries and lower emissions, as it targets fleet growth and deeper penetration across Bengaluru

Too early to gauge war impact on EV demand: VinFast India CEO Tapan Ghosh

VinFast on Wednesday launched the VF MPV 7, a premium electric seven-seater designed for families

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

Two Niti Aayog reports reveal gaps in India's policy approach towards EVs

Two recent Niti Aayog reports show near-identical projections but differ on EV subsidies and fuel efficiency norms, triggering debate within the automobile industry

Govt extends EV subsidies to aid adoption: Temporary fix or targeted move?

The Centre has extended EV subsidies for two- and three-wheelers to manage supply risks from West Asia; the move offers short-term relief, but questions remain on long-term strategy

Scooters set to overtake motorcycles as EV shift reshapes India's 2W market

Replacement demand recovery is expected to support near-term growth, while rising electrification and changing consumer preferences may drive scooters to overtake motorcycles in the long run

Statsguru: India yet to plug EV gap in the race with Asian peers

There has been strong growth in EV sales across Asian countries over the past few years, with most markets witnessing sharp expansions between 2021 and 2024

Delhi EV draft policy likely to draw pushback from major automakers

Industry flags lack of electric motorcycles, pricing gaps, and enforcement concerns, saying Delhi's aggressive EV transition plan may not be feasible in its current form

Electric motorcycles gain traction, but scaling remains a challenge

Scaling the two-wheeler segment presents structural challenges for e-motorcycles

Experts welcome Delhi EV's policy, flag need for strict enforcement

Environmental experts have largely welcomed the Delhi government's draft Electric Vehicle (EV) Policy 2026, particularly its focus on battery recycling and lifecycle management, while cautioning that its success will depend heavily on enforcement. Radhe Shyam Sharma, head of the Department of Environmental Studies at Delhi University, described that including "battery recycling" in the policy as "one of the most consequential parts", noting that it shifts attention from vehicle adoption to the environmental risks associated with battery disposal. "This is one of the most consequential parts of the policy, as it moves beyond vehicle adoption to address battery lifecycle management through provisions on Extended Producer Responsibility (EPR), collection centres, standard operating procedures, and traceability systems," Sharma said. The draft policy places strong emphasis on creating a structured battery recycling ecosystem, with the Environment Department tasked with enforcing Battery

Delhi draft EV policy: 100% tax exemption on electric cars under ₹30 lakh

Draft policy proposes 50% relief for hybrids, outlines phased shift to electric mobility, including 2027 three-wheeler transition and gradual restrictions on ICE vehicles

BEE plans to slash 'super credits' for strong hybrid cars in CAFE-3

CAFE-2 norms are currently in force, while draft CAFE-3 norms are under discussion and will be implemented from April 2027 for a period of five years

Tesla plans smaller, cheaper EV; global production expansion likely

The conversations involved the manufacturing pro- cess and specifications for various components

Mercedes-Benz drives past West Asia war turmoil with Q1 India growth

Strong demand for top-end luxury cars and EVs helps the carmaker post 5% sequential growth despite volatility, currency pressure and rising import costs