The Delhi government on Tuesday approved extension of its Electric Vehicle (EV) policy by three months and continuation of power subsidy in the national capital. The Cabinet meeting chaired by Chief Minister Rekha Gupta also approved the continuation of the existing power subsidy for four categories: domestic consumers, farmers, lawyers with chambers, and victims of the 1984 anti-Sikh riots. At a press conference held at Delhi Secretariat later, Transport Minister Pankaj Singh said there will be no ban on autos or any other category of vehicles. Speaking to PTI, he said, "There are many things the government wants to do for its residents, and we will incorporate those in the revised EV policy. However, I want to make it clear that there will be no ban on autos, nor is there any proposal to ban any category of vehicles. The current EV policy is expected to continue for approximately the next three to four months. Home Minister Ashish Sood addressed the misinformation circulating abo
Electric vehicle maker Jitendra EV plans to invest up to Rs 125 crore in the next five years on research & development (R&D), product development and enhancing manufacturing capacity, its Co-Founder Samkit Shah said. The company, which had showcased its Hydrix -- a hybrid vehicle targetted for launch in 2028 -- is also looking to double its sales in the ongoing fiscal year, up from a total of 4,200 units sold in 2024-25, Shah told PTI. "In the next five years we are planning to invest around Rs 80 crore to Rs 100 crore on R&D and product development and another Rs 25 crore on manufacturing," he said. Shah said the company is focusing on both high-speed and low speed electric two-wheelers in order to address the evolving customer requirements, including those of last-mile delivery in the e-commerce segment. On the product side, the company is developing its Hydrix, a hybrid Triquad set to launch in 2028, powered by both hydrogen and electricity with an estimated range of ...
While Force Motors and Tata Motors have committed in writing, MSIL and EKA - a startup that produces electric buses and small electric commercial vehicles
Delhi's electric vehicle (EV) policy 2.0 may generate up to 20,000 jobs and will also set up battery collection centres while establishing a city-wide network of charging and swappable battery stations. Speaking to PTI about the newly proposed policy, Delhi Environment Minister Manjinder Singh Sirsa on Saturday said the purpose of this policy is to encourage the adoption of electric vehicles to reduce pollution. The focus will be on mass categories such as two-wheelers, buses, three-wheelers and goods carriers with the aim of transitioning them to electric vehicles. GNCTD (Government of the National Capital Territory of Delhi) shall target the creation of 20,000 EV jobs during the policy period and may also set up battery collection centres to strengthen the battery recycling ecosystem, according to the policy draft accessed by PTI. "By 2027, the government has targeted that 95 per cent of all new vehicle registrations will be electric, which will significantly reduce emissions in
As of March 2025, JSW MG Motor enjoys a 31 per cent retail market share in the EV segment, trailing only Tata Motors, which holds a 38 per cent share
The Delhi government is likely to provide a subsidy of up to Rs 36,000 on purchase of an electric two-wheeler to women under its proposed Electric Vehicle (EV) Policy 2.0, officials on Friday said. The benefit can be availed by the first 10,000 women, who are holding a driving license, according to the policy draft accessed by PTI. The proposal is under the government's consideration and it will be approved soon. To encourage female participation in the EV shift, the women in Delhi will receive a purchase incentive of Rs 12,000 per kilowatt-hour (kWh), up to Rs 36,000 on electric two-wheelers. Designed to complement the Centre's PM E-DRIVE scheme, the EV Policy 2.0 aims to accelerate electric vehicle adoption across Delhi. The scheme, which will remain valid until March 31, 2030, outlines a series of incentives targeting not just electric two-wheelers but also three-wheelers and commercial vehicles. To boost the adoption of electric two-wheelers in the city, the government may of
Ola Electric Mobility on Friday said it has rolled out the first Roadster X motorcycle from its Futurefactory in Krishnagiri, Tamil Nadu. The electric bike is set to hit the road this month. "The Roadster X series represents our commitment to taking the EV revolution to the next level. Today's rollout celebrates not just a new product, but a new era for us and the industry, as it represents the next phase of revolution in electric mobility," Ola Electric Chairman and MD Bhavish Aggarwal said in a statement. The Roadster X Series comes with a mid-drive motor that boosts performance and safety. Its also features a chain drive and an integrated MCU for efficient torque transfer, providing better acceleration, and improved range. The Roadster X series also features flat cables in the motorcycles -- an industry-first innovation. These cables improve packaging efficiency, reduce weight, and enhance thermal performance, improving overall durability and reliability. The Roadster X serie
The European Union imposed tariffs on Chinese-made electric vehicles (EVs) late last year, saying they were needed to counter cheap loans
Luxury carmaker Audi India on Thursday said it has installed over 6,500 electric vehicle charging points across the country. The German carmaker has installed the chargers as part of the of Phase II of its 'Charge My Audi' initiative. The brand has added 16 new partners to accelerate luxury EV adoption in the country, the automaker said in a statement . With over 75 per cent of these locations equipped with DC fast-charging technology, the network is designed to enhance convenience, reduce charging times, and support the growing demand for electric vehicles, it added. The Phase-II expansion added over 5,500 new charging points in strategic locations, including highways, urban hubs, and commercial destinations, ensuring Audi e-tron owners enjoy seamless long-distance travel and daily commutes, the company said. Audi India has partnered with 16 new EV infrastructure providers to bolster this network, it stated. "As electric vehicle adoption accelerates in India, establishing a rob
Ather goes ahead with IPO despite global volatility and market slump triggered by Trump's tariff shock; valuation also revised downward
Ather is still planning to go ahead with the IPO in the coming weeks despite the fresh volatility in global stock markets
The Chetak was originally introduced in the 1970s, when it had a strong presence in the Indian scooter market for several decades
The clarification follows reports claiming Ola included bookings for yet-to-be-launched vehicles in its Feb sales data, potentially inflating market share amid efforts to regain investor confidence
RattanIndia Enterprises' EV arm Revolt Motors on Tuesday said it plans to double its sales network to 400 dealerships in the country by end of this fiscal. The company said it has expanded its dealership to 200 locations multiplying the network by ten times over the last two years. "By the end of FY26, the company aims to reach 400 dealerships, further strengthening its national footprint," RattanIndia Enterprises said in a regulatory filing. Currently operational in 23 states and Union Territories, Revolt continues to expand its reach in Maharashtra, Karnataka, Tamil Nadu, Uttar Pradesh, Rajasthan, Madhya Pradesh, Kerala, Gujarat, Odisha and Andhra Pradesh, the company said. It also plans to expand operations in Chhattisgarh, Delhi, West Bengal, Punjab, Bihar, Haryana, Jharkhand, Goa, Uttarakhand, Puducherry, Assam, Chandigarh, and Telangana, it added. "Revolt Motors is committed to making electric mobility mainstream. Our rapid expansion from 100 to 200 dealerships in just one y
The draft of electric vehicle (EV) policy 2.0, which is likely to be announced soon by the Delhi government, recommends the phasing out of CNG-driven autorickshaws, officials said on Monday. As per the draft EV Policy 2.0, no CNG autorickshaw registration will be allowed from August 15 this year. The CNG auto permits will not be renewed from August 15 this year and all such permits will be substituted or re-issued with only e-auto permits. The draft of policy also recommends phasing out fossil fuel-driven vehicles carrying solid waste deployed in large numbers by the civic bodies and city buses. All the CNG auto-rickshaws above 10 years old will be mandatorily replaced or retrofitted to be run on batteries during the policy period. In a strong recommendation, the draft policy also lays down that two wheelers running on petrol, diesel, CNG will not be allowed from 15 August, 2026. Similarly, it recommends that no diesel, petrol, CNG three-wheeler registration will be allowed in ca
GreenLine to raise $275 mn equity to fund green fuel, EV truck push
The electric vehicle segment is set for rapid growth as its penetration in the domestic passenger vehicle segment may touch 12-13 per cent over the next 4-5 years amid favourable government policies and mainstream OEMs driving in models to cater to diverse customer needs, Hyundai Motor India Whole Time Director and COO Tarun Garg said. There is now clarity in the industry that electric vehicles are the way forward in the country, he added. "Clarity was lacking earlier whether it would be EVs or hybrid or any other technology. Now, it is clear that all the policies favour the EVs," Garg told PTI in an interaction. Mainstream OEMs like Hyundai, Mahindra and Tata Motors are already there in the sector, and now with Maruti Suzuki entering the vertical, it is now clear that the EV penetration is set to rise, he added. Garg said the EV penetration is now expected to grow steadily till 2030. "We expect that the EV penetration will grow from 2.5 per cent to around 12-13 per cent in the ne
BMW Group India is unfazed by the prospect of Tesla entering the electric vehicle market here and feels it will help grow the segment, according to its Managing Director and CEO Vikram Pawah. The group, which sold a total of 1,249 units of electric cars in India across two brands -- BMW and MINI -- has already sold 646 units in the first quarter of 2025 and is keeping its forecast of 15 per cent of its total sales in India coming from EVs, Pawah told PTI in an interview. "I think the market should grow. Anytime there's more competition, we've seen that the market grows," he said when asked how BMW is looking at how the EV market will shape up with Tesla entering India. When asked about competition from the American electric car maker, Pawah said,"In all the markets in the world, we coexist. We all coexist and you can see last year figures worldwide, we were the ones who were growing. We grew in electric sales worldwide." Not many manufacturers can talk about growth in electric
Gujarat is committed to electric mobility and becoming a manufacturing hub for electric vehicles and ancillary equipment, Chief Minister Bhupendra Patel said on Saturday. The state has seen registration of over 2.64 lakh electric vehicles, while 800 e-buses are operating, he added. Addressing a gathering after inaugurating the EV manufacturing plant of Matter Energy at Changodar near here, Patel said green growth and EVs are the ways to reduce carbon footprint and face the challenge posed by climate change. "To create green growth environment, the government has encouraged e-mobility and made 800 e-buses operational in Gujarat. Due to encouragement given to EV, its use has increased in Gujarat. The state has seen registration of 2.64 lakh EVs, and we are also increasing EV charging infrastructure," he said. Talking about the EV Policy-2021 and the Atmanirbhar Gujarat Scheme, the CM expressed his resolve to build a 'Green, Clean, Eco-Friendly Gujarat'. The Gujarat State Electric ..
India's growing auto components industry could step in to fill the gap left by these shifts