Page 2 - Electric Vehicles

Uttar Pradesh EV Subsidy Portal: Eligibility, benefits, application process and implementation

The EV Subsidy Portal is an online system developed by the Uttar Pradesh Transport Department to receive, verify, process and track claims for electric-vehicle purchase incentives

Switch Mobility secures order for 840 e-buses for Delhi under PM E-Drive

Hinduja Group firm Switch Mobility on Monday said it has secured an order for 840 electric buses from Antony Road Transport Solutions under the first phase of the Centre's PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-Drive) scheme. The order comprises 420 9-metre and as many 12-metre AC electric buses for deployment with the Delhi Transport Corporation (DTC) and Transport Department, Delhi. With the deployment of electric buses across Delhi's public transport network, the partnership aims to enable efficient passenger movement while contributing to the city's broader sustainable mobility goals, Switch Mobility stated. The agreements for the deployment have been formalised between Switch Mobility and Antony Road Transport Solutions, marking an important step towards the electrification of public transportation in the national capital, it added. Ganesh Mani, CEO, Switch Mobility said, "This order is a strong testament to the growing confidence in electric ...

Kabra Extrusion soars 33% in 4 days; stock zooms 313% in 4 months

The share price of Kabra Extrusiontechnik was locked at the 5% upper circuit, reaching a new lifetime high of ₹888.65 on the BSE in Monday's intra-day trading session.

Ather to restart dealership expansion in Nov-Dec, has 100 LOIs: CBO

Ather plans to resume dealership expansion as its new Maharashtra plant starts production, with total monthly capacity set to rise to about 77,000 scooters

Delhi govt gets over 5,500 applications for incentives under new EV policy

The Delhi government has received 5,678 applications for incentives under the Delhi Electric Vehicle Policy 2026 since its implementation in July this year, officials said on Thursday. Of the total applications received, as many as 1,664 have been processed and Rs 4.8 crore have been released by the government under different incentive categories. "Mostly, the applicants for incentives belonged to two-wheeler EV category, accounting for 1,648 beneficiaries of the total applications processed -- with Rs 4.6 crore disbursed for two-wheelers of the total amount. "The remaining 4,014 applications are under process," a government official said. The policy implemented from July 1, has received a total of 5,678 applications. Out of these, as many as 5,621 are for two-wheelers, government data showed. Under the EV policy, two-wheelers are eligible for an incentive of up to Rs 30,000 in the policy's first year, up to Rs 20,000 in the second year, and up to Rs 10,000 in the third year. To

CJ Darcl expects growth to continue, expands into new logistics verticals

IPO-bound CJ Darcl is expanding into a trucker marketplace, alternative fuels, EVs and warehousing as it looks to sustain its revenue growth momentum

Bentley debuts first EV, a Merino-lined luxury SUV targeting younger buyers

The 173,000 euros electric SUV is Bentley's cheapest model and adds a fourth model line as the Volkswagen-owned brand takes a more cautious approach to electrification

India's electrification rate could rise to 32% by 2035: IEA report

The IEA says India's electrification rate could rise from 19 per cent to 32 per cent by 2035, led by transport, while lower fuel imports could reduce its energy import bill.

Fuel shift gathers pace across vehicle segments as EV adoption rises

India's automobile market is seeing a steady shift in its fuel mix, with electric vehicles (EVs) gaining ground across passenger vehicles (PVs), two-wheelers, three-wheelers and commercial vehicles

Ola Electric seeks board nod for proposed rights issue of equity shares

Ola Electric's board will consider a rights issue on September 28. The company has not disclosed its size or use of proceeds as its electric two-wheeler market share falls

E-2W maker Ultraviolette raises $85 mn to scale production, expand presence

Ultraviolette Automotive has raised USD 85 million in a funding round led by Yali Capital and TDK Ventures as it looks to scale up production of its existing and upcoming products and expand its presence in overseas markets, including the US in 2027, the electric two-wheeler maker announced on Wednesday. The Bengaluru-based company, which currently sells its products in India and 20 European countries, said international sales account for around 15 per cent of its overall volumes and are expected to rise to 25 per cent as it scales its global operations. The fresh capital will be deployed towards scaling manufacturing of its existing F77 and X-47 models, as well as upcoming products Tesseract and Shockwave, Ultraviolette CEO and co-founder Narayan Subramanian told PTI. "This is a growth-stage investment, and the capital will be deployed across multiple areas that will support the next phase of the company's expansion. "This includes scaling production for our current products F77 a

Instamart plans to expand battery-swapping stations network to boost EVs

Quick commerce platform Instamart on Wednesday announced its plans to strengthen its battery-swapping stations network by installing facilities closer to its micro-fulfilment centres or dark stations to boost EV adoption in last-mile delivery. The company said this initiative is a part of its partnerships with electric mobility-as-a-service (MaaS) platform operator Yulu and battery swapping network platform Yuma Energy to address two practical barriers to EV adoption -- access to affordable electric two-wheelers and charging-related downtime. Instamart is working with Yuma Energy to bring battery-swapping infrastructure closer to delivery partners by providing space at its PODs (dark stores) for Yuma's swapping stations, it added. The first battery-swapping station was inaugurated earlier this month at the Instamart POD (Dark store) in Bengaluru, bringing energy access closer to where delivery partners operate, Instamart said. Yuma Energy currently operates more than 2,000 ...

EVs, CNG gain ground as India's automobile fuel mix steadily shifts

EVs gain ground across vehicle segments as petrol, diesel shares ease

Delhi tops NITI Aayog's electric mobility index 2025, Maharashtra follows

The index assesses states and UTs on key parameters such as transport electrification, electric vehicle (EV) charging infrastructure, and research and innovation

States must now prioritise public transport electrification: Rajiv Gauba

NITI Aayog member Rajiv Gauba says targeted electrification of public transport and reliable charging networks can accelerate India's shift to electric mobility

Ather Energy on a long growth road, but hurdles remain along the way

Rising electric two-wheeler adoption, capacity expansion and a mass-market platform could drive Ather's growth, but competition and supply risks remain

Trump open to Chinese EV firms building cars in US with American workers

The US president said Chinese automakers could set up plants in the country and employ American workers, while ruling out imports of China-made vehicles and production in Mexico for US sales

Ebus exports may be up to 20% of output in 5 years, says Olectra MD

Olectra Greentech eyes exports from FY28, targets 10-20% of production in five years

States should not put a price cap on EV road tax benefit: BMW India CEO

BMW India chief Hardeep Singh Brar says price-based caps on EV road-tax benefits could push luxury-car buyers to neighbouring states and weaken the clean-vehicle transition

Ultraviolette bets on scooters to drive volumes as Hosur plant takes shape

Tesseract targeted to quickly scale to 10,000 units a month; EV maker sees scooters and motorcycles contributing equally at scale, exports rising to 25% of volumes