Thus far in the calendar year 2026, Sona Comstar outperformed the market by soaring 36 per cent, as compared to 9 per cent decline in the BSE Sensex.
Adoption of electric mobility has become the most essential task for India as the West Asia crisis has shown how vulnerable the country is to external forces as far as energy is concerned, Tarun Kapoor, Advisor to the Prime Minister of India, said on Thursday. The country also needs to focus on localisation and reduce imports from China for critical parts while pushing for electric mobility, Kapoor said while addressing a conference on 'Building India an electric mobility hub for Viksit Bharat' organised by industry body Assocham. The topic has "become even more relevant after the West Asia crisis. Probably, I would say that for our country now getting into electric mobility has become the most essential task, which we all collectively have to accomplish," he noted. He said if India's crude oil imports dropped, it would give a lot more strength to the economy and help the rupee to appreciate. Reflecting on how the share markets behave during the crisis, Kapoor said, "We have become
Delhi's EV Policy 2.0 proposes future electric car sales mandates and measures to discourage polluting vehicles, prompting concerns among automakers over production and technology choices
Q1 Vahan data show overall PV market share rising to 14.2% from 12.5%, reinforcing Tata Motors' No. 2 position
While ICE vehicles dominate Delhi's overall vehicle fleet, new registrations indicate that the transition to electric mobility has already begun.
The Delhi government on Wednesday notified the "Delhi Electric Vehicles Policy 2026", which aims to accelerate electric vehicle (EV) adoption, improve air quality, and create a supportive ecosystem for electric mobility. The Delhi Cabinet headed by Chief Minister Rekha Gupta on Monday approved the EV policy after which it was sent to LG Taranjit Singh Sandhu for final approval. "... In exercise of the powers conferred by the enabling provisions of the Motor Vehicles Act, 1988 and the rules made thereunder, the Lieutenant Governor of the National Capital Territory of Delhi hereby notifies the Delhi Electric Vehicles Policy, 2026 with effect from July 1, 2026," the notification states. Under its EV policy, the Delhi government announced that all electric cars with an ex-showroom price of Rs 30 lakh or less registered in the National Capital will get full exemption on road tax and registration fees. Besides, only electric auto rickshaws will be registered in Delhi from January 1, 2027
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Delhi's new EV Policy 2026 is here, bringing zero road tax, zero registration fees, purchase incentives and scrappage benefits for eligible electric vehicles.
The West Asia war has played a key role in the faster acceptance of electric mobility in India, shifting the market from 'a push mode to a pull mode', Tata Motors Passenger Vehicle Ltd Managing Director & CEO Shailesh Chandra said on Tuesday. The company, which launched the electric version of its popular SUV Sierra at an introductory price ranging between Rs 18.79 and Rs 24.79 lakh, expects industry EV penetration in the passenger vehicle segment to be 7-8 per cent this fiscal and cross 10 per cent in FY28, he told reporters here in an interaction. While the entry of multiple players in the EV segment and the breaking of barriers across subsegments such as pricing, range anxiety, and charging infrastructure have helped EV growth, the West Asia war has also played a significant role, he added. "Around the Middle East crisis, there has been a faster acceptance. I would say, if the same customers were reluctant before, say, February 2026, they are now more amenable to considering an
Delhi EV Policy Impact: Bharat Forge, Hero MotoCorp, Bajaj Auto, Uno Minda, Sona BLW Precision Forgings and Samvardhana Motherson International were down in the range of 1 per cent to 5 per cent.
Fresh registrations to stop over the next 2 years under new EV policy
The startups will work on end-of-life lithium-ion battery recycling, procurement automation, multilingual customer engagement, brand visibility and software development
Delhi's new EV policy brings subsidies, tax waivers and phased vehicle electrification measures to encourage faster adoption of electric vehicles in the capital
With India's electric vehicle adoption crossing the 'early adopters' phase, Tata Motors Passenger Vehicles is turning to majority of customers to drive EV adoption with four new products and over ten refreshes lined up for launch by FY31 to sustain its leadership position. Early Adopters are those consumers who adopt a new idea or technology to gain a competitive edge. The company is preparing for the next phase of growth in its electric vehicles segment, eyeing over 30 per cent EV penetration by FY31, according to an investor presentation. "Currently, EVs are being considered by the early majority; we will enhance products to drive adoption among early and late majority customers," the company said. Early majority consumers are those who need to see successful case studies before buying, while late majority consumers are skeptical individuals who adopt only after the average person has adopted a new idea or technology. EV adoption in India has crossed "from early adopters into th
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