Page 3 - Electric Vehicles

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

Govt incentives must prioritise EVs, not hybrids, says Parliament panel

A Rajya Sabha panel has urged the Centre to focus subsidies and tax benefits on 'genuine' zero-emission vehicles, while warning that hybrids remain fossil-fuel dependent and E20 may hurt older cars

Ola Electric plunges 11% in 2 days, stock nears record low; here's why

Ola Electric founder-promoter has undertaken a one-time, limited monetisation of a small portion of his personal stake to fully repay a promoter level loan amounting to ₹260 crore.

Maruti Suzuki expects new EV lifting green-car share of India sales to 45%

The unit of Japan's Suzuki Motor Corp., which is looking to roll out its new e VITARA subcompact crossover in India from early next year, expects greener vehicles to make up about 45 per cent of its o

US states sue Trump admin again over billions in withheld EV charging funds

Sixteen states and the District of Columbia are suing President Donald Trump's administration for what they say is the unlawful withholding of over USD 2 billion dollars in funding for two electric vehicle charging programmes, according to a federal lawsuit announced Tuesday. The lawsuit filed Tuesday in the US District Court for the Western District of Washington is the latest legal battle that several states are pursuing over funding for EV charging infrastructure that they say was obligated to them by Congress under former President Joe Biden, but that the Department of Transportation and Federal Highway Administration are impounding. The Trump Administration's illegal attempt to stop funding for electric vehicle infrastructure must come to an end, California Attorney General Rob Bonta said in a release. This is just another reckless attempt that will stall the fight against air pollution and climate change, slow innovation, thwart green job creation, and leave communities without

PM E-DRIVE scheme delivers 1.13 million electric vehicles in its first year

Despite halving the per-unit demand incentive to Rs 5,000 per kWh, PM EDRIVE enabled 3.4 times higher annual EV volumes than FAME II

Citroën India sees three-fold rise in Q4 sales on strategy shift

Growth has been supported by continued product innovation, expanded export programmes, and strengthened engineering and software capabilities as the quarter progresses, the company said

Ola Electric founder sells personal shares to repay ₹260 cr promoter loan

Bhavish Aggarwal monetises a small part of his stake, lifting a key overhang while retaining roughly 34 per cent ownership

EV startup Evera Cabs to deploy 4,000 BluSmart cars on its platform

Earlier this year, commercial driver management platform Signodrive Technologies leased the fleet of 4,000 vehicles from Gensol Engineering under an insolvency resolution process

Ford to take $19.5 bn hit as it scales back EV push, shifts to hybrids

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

Ford to take $19.5 bn in charges as it overhauls electric vehicle business

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

Range worries keep EVs as second cars: Maruti Suzuki's Partho Banerjee

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 plans phased localisation of EV components in next few years

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 ...

China's EV makers spark price war in Thailand with discounts up to 38%

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 EV battery demand to rise multifold to 256.3 GWh by 2032: Report

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

UP's electric vehicle tax review sparks fresh jitters among automakers

Uttar Pradesh is the second-largest car market in India by volume, but when it comes to EV sales, the state currently ranks eighth

As rupee wobbles and costs surge, car firms gear up for new-year price rise

forex pressures, rising commodity prices, rural demand uncertainty to push prices up

Electric vehicle sales top 2 million in the first 11 months of 2025

PVs grow 77.5% while 2Ws post 9.85% growth

Ford to use Renault tech, plants for affordable European EVs to beat China

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 begins mass rollout of scooters powered by 4680 Bharat Cells

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