Page 3 - Electric Vehicles

Hyundai India profit slips 22% to ₹1,255.63 cr due to commodity price rise

Hyundai Motor India reported a 22.2 per cent decline in Q4FY26 profit as higher commodity costs and slower SUV growth weighed on margins despite strong overall volumes

India's EV narrative | Electrifying heavy vehicles

In this session, Rahul Kanuganti, Founder & CEO, Flytta Green shared his insight on heavy-duty freight and how government support is required in this sector for better EV adoption

Tata, JSW Group to invest nearly $1 billion in EV, battery technologies

Tata Group and JSW Group are separately funding research and development centers aimed at building in-house expertise in next-generation battery technologies and advanced EV systems

Bajaj Auto Q4 profit more than doubles to ₹3,662 crore on record volumes

Bajaj Auto reported strong Q4 FY26 earnings, driven by record volumes, export growth, improved product mix and rising contribution from electric vehicles

India electric vehicle sales surge in April as passenger vehicles jump 75%

India's electric vehicle market recorded strong annual growth in April 2026, led by a sharp rise in passenger vehicle sales and broader consumer adoption

Strong EV demand, diversified portfolio to sustain growth for Sona BLW

Strong EV demand and a robust order book power Q4 beat, but valuations and global slowdown concerns keep brokerages cautious

Ather Energy Q4 loss narrows on strong volume growth, revenue rises sharply

The company posted a net loss of ₹100.2 crore in Q4 FY26, compared with a loss of ₹234.3 crore in the year-ago period

Ather Energy Q4 results: Net loss narrows 57% to ₹100 cr, revenue jumps 74%

Electric two-wheeler maker Ather Energy on Monday reported a 57 per cent decline in net loss at Rs 100.23 crore in the January-March quarter, compared with the corresponding period last year. The company, which got listed on exchanges in May last year, had posted a loss of Rs 234.36 crore in the fourth quarter of FY25, as per a regulatory filing by the Bengaluru-based EV manufacturer. Revenue from operations for the reporting quarter stood at Rs 1,174.66 crore, up 74 per cent from Rs 676.8 crore in March 2025, according to the filing. For FY26, the net loss stood at Rs 517.17crore against a net loss of Rs 812.28 crore while revenue from operations were 3,671.76 crore as compared to Rs 2,255.01 crore in the financial year ended March 2025. "FY26 has been a fantastic year for us across volumes, market share, and financial performance. We focused on building demand through strong product-led growth and scaling it through distribution," Tarun Mehta, Co-founder & CEO, Ather Energy said

Electric cars: Forgotten past, repeated rise and fall before latest revival

The very first EV was born in the 1830s; By the 1900s, electric carriages were dodging horse droppings in Manhattan streets

EV startups seek govt intervention: CII writes to PMO, flags PLI flaws

Confederation of Indian Industry flags structural flaws in auto PLI scheme, seeks easier norms to support EV startups and boost innovation

EV sales jump nearly 70% in Jan-Apr; momentum sustains beyond March spike

April volumes hold near peak despite fewer selling days; Tata leads while M&M and Maruti gain share amid broad-based growth

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