Page 2 - Electric Vehicles

Centre pulls subsidy as electric three-wheelers hit target under PM e-Drive

The government has pulled subsidies for electric three-wheelers under PM e-Drive after the segment reached its adoption target, with EV penetration at around 32%

India's EV penetration hinges on securing raw materials, key components

Rapid EV adoption has lifted sales, but India's dependence on imported minerals and components exposes deep supply chain vulnerabilities that could slow the electric mobility transition

CESL to float ₹9,000-10,000 crore tenders for 6,000 e-buses next week

CESL plans two tenders in early January 2026 for 6,000 electric buses under PM E-DRIVE, as bids for its 10,900-bus mega tender are opened and winners awaited

Focus is on e-buses as state modernises public transport: Dayashankar Singh

From EV bus expansion to airport-like terminals and rural connectivity, Uttar Pradesh is overhauling public transport to cut pollution and ensure every village has modern, affordable travel

EV resale: Automakers launch buybacks, battery health checks to win buyers

Car OEMs are going beyond the initial purchase, institutionalising battery health checks and resale benchmarks to ease depreciation and battery-life concerns for EV buyers

Ola Electric steps up deliveries of '4680 Bharat Cell' vehicles in 4 states

Ola Electric on Sunday said it has scaled up deliveries of its 4680 Bharat Cell powered S1 Pro+ (5.2 kWh) across Tamil Nadu, Kerala, Telangana, and Karnataka. The company has commenced deliveries across Coimbatore, Kochi, and Hyderabad, along with continued ramp-up in Bengaluru, Ola Electric said in a statement. The S1 Pro+ (5.2 kWh) is the first product powered by the company's indigenously manufactured 4680 Bharat Cell battery pack, delivering more range, higher performance and enhanced safety, it added. "Customers are now taking deliveries of the scooters powered by our own 4680 Bharat Cell, and the rollout is picking up strong momentum. With deliveries scaling across multiple states, we are now gearing up to take the 4680 Bharat Cell powered vehicles nationwide, reaching every corner of the country," an Ola Electric spokesperson said. With its own 4680 Bharat Cell battery packs in the vehicles, Ola Electric is now India's first company to fully own the cell and battery pack ..

High costs, complex R&D hindering electric motorcycles: NITI Aayog

Electric motorcycles remain stuck at negligible adoption in India as high R&D costs, tech limits and price sensitivity slow progress, says a NITI Aayog analysis

EVs help, but Delhi's air pollution problem needs more than adoption

It is equally important to recognise that Delhi is part of a shared air basin across the NCR. Policies for just Delhi can deliver limited gains

Ola Electric secures ₹367 crore incentive under India's auto PLI scheme

The sanction pertains to the Demand Incentive for the Determined Sales Value for FY 2024-25, and authorises a payment of ₹366.78 crore to be released through IFCI Limited

2025 to end with double-digit growth in electric two-wheeler registrations

For Bajaj the skew of sales in its home turf Maharashtra for e2wheelers is reflected in the fact that it accounts for a substantial 32 per cent of its total registrations in CY 2025

Tata Avinya launch: Know expected price, timeline, features and more

By the end of 2026, Tata Motors plans to introduce its high-end Avinya EV, which is based on a brand-new Gen 3 EV, in India. With a retail strategy, this effort seeks a significant market share

Tata Motors' EV arm to launch five new models by FY30; capex Rs 18,000 cr

Tata Passenger Electric Mobility plans five new EV models by FY30 and Rs 16,000-18,000 crore capex on products, technology and charging infrastructure as Tata EV sales cross 250,000 units

Ola Electric rolls out Hyperservice Centres with same-day service guarantee

Ola Electric will convert existing service facilities into Hyperservice Centres offering same-day servicing at no additional cost, with the first centre now operational in Bengaluru

Tata Motors to launch five new EVs by FY30, aims to retain segment lead

Tata Motors Passenger Vehicles (TMPV) on Tuesday said it will roll out five new electric vehicle models, including the premium product range Avinya by FY30 as it looks to retain a dominant market share of 45-50 per cent in the segment which continues to expand in the country. The company said it plans to invest Rs 16,000-18,000 crore in the EV business by FY30 including products and taking charging infrastructure to over 10 lakh points across the country. "As EV adoption accelerates, our commitment remains clear: to mainstream electric mobility by making it accessible across segments, strengthening the ecosystem, and investing in India-first technology and localization. This is how we will continue to lead India's growing EV market," TMPV MD & CEO Shailesh Chandra said. TMPV commands a dominant share, accounting for nearly two-thirds (66 per cent) of all electric passenger vehicles sold in India. The company has the country's largest EV portfolio for personal mobility - Tiago.ev,

Asian car, battery makers revamp EV strategy amid US market changes

Asian car and battery makers are changing their EV strategies after US market shifts, Ford's moves and policy changes shake up global electric vehicle plans

Destination Europe: India's EV exports surge makes a mark in the West

But the country's shipments to traditional strongholds in Africa and Latin America remain tethered to internal combustion engines

Delhi pollution curbs open new market for ICE-to-EV retrofitters

Delhi's tighter pollution norms are boosting demand for EV retrofits, but industry players are urging the government to cut GST and ease regulatory hurdles to scale up conversions

Ola Electric promoter Aggarwal sells small stake to clear ₹260 cr loan

Transaction removes all promoter share pledges, company says control and strategy remain unchanged

Oben Electric raises ₹85 crore, targets ₹100 crore revenue in FY26

Oben Electric raises ₹85 crore in a pre-Series B round to scale showrooms, boost brand reach and accelerate product launches as it targets break-even by FY27

Ford cancels EV battery deal worth $6.5 billion with LG Energy Solution

The South Korean battery maker said in a regulatory filing that the termination followed a notice from Ford after the automaker decided to halt production of some EV models due to policy changes