Page 4 - Electric Vehicles

Tesla expands India network with fifth experience centre in Hyderabad

The Hyderabad centre will display the 2026 Model Y and Model Y L, while Tesla has also started delivery and after-sales operations from Bollaram

Global demand for EV rises 3% for third straight month in May: BMI data

'Europe really is the driving factor towards this growth at the moment', said BMI data manager Charles Lester

Green SM broadens India goals with airport, corporate mobility push

VinFast-backed Green SM plans to expand beyond ride hailing into airport transfers, corporate mobility and subscription services as it scales in India

Tata Motors to increase prices of cars, SUVs by up to 1.5% from July 1

Tata Motors Passenger Vehicles Ltd on Friday said it will increase prices of its passenger vehicle portfolio, including both internal combustion engine (ICE) and electric vehicles (EV), by up to 1.5 per cent from July 1. "This price revision is being undertaken to partially offset the impact of rising input costs and sustained inflationary pressures," the company said in a regulatory filing. While Tata Motors Passenger Vehicles continues to absorb a significant portion of these increases, a part of the impact is being passed on to customers through this adjustment, the company stated. "The extent of the price increase will vary across models and variants, ensuring that the overall value proposition of each offering is maintained," it added.

Amazon to rely on own charging infra to expand EV delivery fleet in India

Amazon is primarily relying on on-site charging infrastructure for its growing fleet of electric delivery vehicles in India, while also working with partners to expand charging and transportation options as it pushes towards its sustainability goals, a top company executive said. The US-based e-commerce giant already has plans to introduce over 1,000 electric trucks into its operations in India over the next five years, joining the existing 10,000 electric vehicles fleet. The move is aimed at delivering packages to customers from Amazon fulfilment centres more sustainably. Replying to questions on the limited availability of public EV charging infrastructure in India, Amazon Vice President, Global Engineering and Sustainability, Andreas Marschner said the challenge is not unique to India and exists across markets globally. "The challenge you're describing is actually a challenge everywhere," Marschner said, referring to issues around power availability, grid capacity and charging ..

India needs to deploy e-trucks urgently to win the pollution battle: Kant

The solution is clear: India must rapidly electrify its trucking sector

Bengaluru-based rapid EV charging firm Exponent Energy raises ₹200 crore

The Bengaluru-based energy-tech company will use the fresh capital to expand into new cities and vehicle categories while strengthening research and development capabilities

Salary hikes may moderate in FY27. These sectors will still pay more

While overall pay hikes are set to cool in FY27, demand for specialised skills is expected to keep salary growth strong in EVs, fintech and healthcare

Electric vehicle retail sales up 45% in May; ePVs and e2Ws drove adoption

India's EV sales surged 45% to a record 2.72 lakh units in May, pushing overall EV penetration above 11% for the first time amid rising fuel costs

BMW bets on localisation, Tier-2 expansion to double MINI sales in India

The luxury carmaker plans to drive growth through local assembly of the MINI Countryman, expansion into 10 new cities and a broader product portfolio

Refex Mobility crosses ₹100 cr revenue mark, posts 2.5x growth in FY26

Refex Mobility, which provides all-electric vehicle-based mobility solutions to corporates, on Monday said it has crossed the Rs 100 crore revenue milestone in FY26. The clean mobility arm of Refex Industries Ltd has reported a total income of Rs 103.2 crore in FY 2025-26, reporting a "2.5x growth", according to a statement issued by the company. "The company completed more than 1.5 million trips across the enterprise and executive mobility segments, during the year, reflecting both growing scale and improving platform economics," it said. Besides, Refex Mobility also expects to achieve operational breakeven by FY2027-28. Within three years of operations, Refex Mobility has scaled its operating fleet size to over 1,750 vehicles across five major cities. It serves more than 70 enterprise clients across sectors, it added. In FY26, it launched a fast-growing app-based cab rental business and expanded operations into the Delhi-NCR region. The company introduced an asset-light model,

India's auto retail sales reach record high in May, EV share tops 11%

India's automobile retail sales grew 9.55 per cent to a record 25,31,067 units in May, while EV penetration crossed 11 per cent for the first time, as dealers saw a surge in enquiries for fuel-efficient and green vehicles after last month's fuel price hikes amid the West Asia crisis, FADA said on Monday. The cumulative automobile retail sales in India stood at 23,10,451 units in the same month last year. According to the Federation of Automobile Dealers Associations (FADA), the figures reflect the best May performance ever recorded across commercial (CV), passenger vehicle (PV) and the overall EV penetration. "A notable feature of the month was the consumer response to May fuel-price revisions: dealers reported a visible rise in enquiries for fuel-efficient and alternative-powertrain options, reflected in the two-wheeler EV share climbing to 9.25 per cent from 6.11 per cent a year ago," FADA stated. Passenger vehicles retail sales were at a record 4,02,591 units last month as compa

Can Vietnam's Green SM make India's all-electric cab model work?

Vietnam-based mobility company Green SM on Friday launched its electric taxi service, Green SM Limo, in Delhi-NCR, marking Vingroup's entry into India

Ather Energy shares zoom 82% from Jan low; what's driving the rally?

In the past one year, Ather Energy shares have appreciated by 240 per cent, as against 4 per cent decline in the BSE Sensex.

VinFast to erickshaw startups: New entrants reshape Indian EV landscape

India's automobile sector saw 480 new entrants in FY26, up 37 per cent year-on-year, with electric vehicle makers dominating registrations across categories amid policy support

Services, digital business emerge as drivers of TaMo CV arm's earnings

Iveco seen as technology and global expansion platform; EVs and hydrogen remain central to future strategy

China puts EVs on a diet as battery boom makes cars heavier: Report

The trend is drawing attention as larger vehicles put pressure on existing infrastructure. Some EVs are becoming too large for parking spaces designed under standards introduced a decade ago

Vingroup's Green SM enters Indian taxi market with electric cars

In the first phase, Green SM will operate its services - using VinFast's Limo Green model - in key areas of the National Capital Region (NCR), its statement noted

Hyundai sees Tamil Nadu as flagship EV hub; plans to strengthen ecosystem

HMIL plans to deepen localisation, boost procurement from Tamil Nadu suppliers, create 2,000 jobs and roll out two new models, including its first mass-market EV

Centre plans ₹3,000 cr incentive outlay to boost lithium, nickel processing

Nickel and lithium are critical to India's EV ‌supply chain, especially when it comes to batteries, as New Delhi targets 30 per cent ​electric ‌car penetration and 80 per cent for two-wheelers by 2030