Ev Market

Govt finalising policy to build domestic critical minerals value chain

Policy aims to build domestic processing capacity for critical minerals, reduce import dependence and strengthen supply chains for EV batteries and manufacturing

EV fleet operator TrEV raises ₹3.65 crore in maiden funding round

After the fresh funding round, the founder will hold an 86 per cent stake in the company

West Asia conflict: Bajaj Auto, Ather Energy raise prices as costs jump

Bajaj Auto and Ather Energy raise prices as metal costs surge, passing on war-driven input inflation to consumers

Hero springs a surprise, emerges as top gainer in e2W market share

Hero MotoCorp gains ground in e2W market, Ola Electric loses share as EV growth remains uneven across states in FY26

Ministry of Heavy Industries, DFS plan financing push for e-buses, e-trucks

Govt plans credit guarantees and interest support to unlock financing for private e-bus and e-truck operators amid lender hesitation

VinFast mulls retail expansion in India; plans 75 outlets by end-2026

EV maker aims to expand presence across metros and emerging markets, strengthening retail network and ecosystem to boost adoption of electric mobility in India

Ola Electric diverts IPO funds from R&D to debt amid mounting pressures

EV maker reallocates ₹575 crore from R&D to debt repayment and growth as sales slow, market share slips and fundraising challenges persist

Ashok Leyland breaks ground for EV battery pack facility in Tamil Nadu

Ashok Leyland breaks ground for a battery pack manufacturing facility near Chennai with an investment of Rs 400-500 crore to support localisation and strengthen India's EV ecosystem

Nexa Studios may contribute 30% to Nexa sales by FY31: Maruti Suzuki

Nexa Studios, now 200 of over 740 Nexa outlets, are expected to contribute 25-30% of Nexa sales by FY31 as Maruti Suzuki expands the compact format and manages strong early demand

PLI can unlock massive EV export opportunity: Ather CEO at BS Manthan

Tarun Mehta, CEO of Ather Energy, said that India has no competition in the mid-tier EV two-wheeler segment and PLI schemes can help the industry expand its global footprint

Tata Motors to widen BaaS beyond Punch.ev to lift entry-level EV adoption

Tata Motors aims to drive EV uptake in the sub-Rs 12 lakh segment by extending battery-as-a-service beyond Punch.ev, targeting buyers who need lower upfront prices and usable range

Valeo to invest ₹2,150 cr in India and triple its annual sales by 2028

Valeo will invest ₹2,150 crore in India as part of its Elevate 2028 strategy, expanding EV and ADAS manufacturing, localisation, and engineering capacity to triple domestic sales

Rare-earth relief to revive electric two-wheeler growth next fiscal

Improving magnet availability and cost economics support demand, even as competitive intensity accelerates consolidation

'The Elements of Power' uncovers the dirty truth behind clean-energy EVs

Electric vehicles promise a green future, but the dirty reality of battery supply chains raises a harder question: climate solution-or the next environmental and human cost?

At No. 4, VinFast racing towards podium finish in India EV market

Tesla, which also made its India debut in July 2025, is making inroads cautiously

Kerala overtakes bigger states in 2025 personal 4-wheeler EV adoption

Kerala has overtaken more industrialised states in personal electric vehicle adoption, driven by strong middle-class uptake, policy support, and charging infrastructure

Kerala charges ahead of bigger states in 2025 personal EV adoption

Kerala has emerged as a leader in personal electric vehicle adoption in 2025, recording one of the highest EV penetration rates and the largest share of private four-wheelers among top states

Structural constraints hinder ebikes' adoption: OEMs to NITI Aayog

Electric motorcycles lag in India due to high financing costs, charging gaps and R&D hurdles, OEMs tell Niti Aayog, seeking long-term policy clarity and support

2025 to end with double-digit growth in electric two-wheeler registrations

For Bajaj the skew of sales in its home turf Maharashtra for e2wheelers is reflected in the fact that it accounts for a substantial 32 per cent of its total registrations in CY 2025

Oben Electric raises ₹85 crore, targets ₹100 crore revenue in FY26

Oben Electric raises ₹85 crore in a pre-Series B round to scale showrooms, boost brand reach and accelerate product launches as it targets break-even by FY27