Ev Market India

Oben Electric targets threefold revenue growth in FY27: CEO Agrawal

EV maker eyes sharp growth in revenue and volumes, backed by expanded production, retail network, and rising demand amid concerns over fuel price volatility

Stellantis India hits 50,000 vehicle milestone at TN manufacturing unit

Stellantis India marks the rollout of its 50,000th vehicle from the Thiruvallur plant, underlining India's role in global manufacturing, exports, and engineering excellence

Ola Electric unveils S1 X+ amid market share pressure, rival gains

Ola Electric has launched the S1 X+ scooter with a 5.2 kWh battery, aiming to expand reach in the mass market amid declining market share and rising competition

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

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

UP delegation to position state as EV manufacturing hub at Davos

UP State Roadways Transport Corporation (UPSRTC) is keen to convert its fleet of nearly 12,000 buses to EVs in the coming years

Transport ministry proposes Aadhaar-like number for EV battery traceability

The transport ministry has proposed assigning Aadhaar-like unique identification number to EV batteries to ensure their end-to-end traceability and efficient recycling. The proposed framework will make it mandatory for battery producer or importer to assign a 21-character Battery Pack Aadhaar Number (BPAN) to batteries, as per the draft guidelines issued by the ministry. They will also have to upload the relevant Battery Pack Dynamic data on the official portal of BPAN. "The battery producer or importer shall have the obligation of assigning a unique Battery Pack Aadhaar Number (BPAN) to each battery that they introduce in the market and the battery they put to self-use." "BPAN shall be in a clearly visible and accessible position. The location shall be chosen in a way that it cannot be destroyed or deteriorate," the guidelines said. BPAN will capture and store vital information starting from raw material extraction and manufacturing to its usage, recycling, or final disposal, as

Mahindra launches XEV 9S electric SUV at a starting price of ₹20 lakh

BENGALURU (Reuters) -Indian automaker Mahindra & Mahindra launched a seven-seater electric SUV XEV 9S on Thursday with a starting price of around 2 million rupees ($22,409.97), pushing into a segment dominated by Tata Motors Passenger Vehicles.

GST 2.0, customs reforms to boost Indo-Japan auto ties and EV push: Report

Significant regulatory transformations such as GST 2.0 and progressive customs reforms are likely to accelerate investment flows, promote EV adoption, and drive the next wave of Indo-Japan collaboration in clean mobility and advanced manufacturing, according to a report. With USD 43.3 billion in cumulative investments, Japan is India's fifth-largest foreign investor. A deeper utilisation of the Indo-Japan FTA will be key to driving competitiveness, enabling technology transfer, and advancing India's journey toward a sustainable, innovation-led automotive future, Grant Thornton Bharat and the Indo-Japan Chamber of Commerce and Industry (IJCCI) said in a joint whitepaper. "The convergence of GST 2.0 and targeted customs incentives marks a defining moment for India's automotive sector. Reduced tax rates, simplified compliance, and supply-chain-focused exemptions will not only elevate India's cost competitiveness but also strengthen its positioning as a manufacturing and export hub for .

EV charging network Bolt.Earth eyes profitability next year; IPO to follow

CEO of India's largest EV charging network says it would be first such firm to turn profitable; expects revenue to grow fourfold in FY27

India must work with China on EV tech for 5-10 years: Uno Minda chair

Since April this year, China has restricted the export of rare-earth permanent magnets (REPMs) to India, hitting production in the domestic automobile industry

The second-hand test: India's looming problem of valuing used electric cars

As the first wave of electric cars ages, they will enter the resale market, but in the absence of a standardised valuation method, the question is how much they will really be worth

Electric PV sales more than double in September; Tata Motors leads

New entrant Tesla also retailed 64 vehicles in September, data from the Federation of Automobile Dealers Associations (Fada) showed

Ultraviolette plans IPO by FY28, launches radar-integrated EV bike X-47

Bengaluru-based Ultraviolette plans an IPO by FY28 after unveiling the X-47 Crossover, the world's first radar-integrated electric motorcycle, priced at Rs 2.49 lakh

Aiming to reach Rs 400 crore revenue in FY26: Euler Motors founder

Founder & CEO Saurav Kumar says the firm will expand to 100 cities, launch affordable EVs, and ramp up production as it eyes doubling revenue to Rs 400 crore in FY26

Rare-earth squeeze puts electric two-wheeler firms, suppliers at odds

OEMs seek temporary exemption to keep subsidy and avoid shutdowns

Simple Energy develops India's first heavy rare earth-free EV motor

Simple Energy has started commercial production of heavy-rare-earth free EV motors, achieving 95 per cent localisation as it eyes a $350 million IPO in FY27

Tesla launches Model Y in India, starting at ₹60 lakh for RWD variant

Tesla India site lists Model Y RWD at ₹60 lakh, Long Range RWD at ₹68 lakh; prices significantly higher than in US, China and Germany

Inventories of rare earth magnets may run dry by mid-July, says Icra

ICRA warns that rare-earth magnet inventories for EV motors may run dry by mid-July as China tightens export rules, leaving Indian auto makers facing serious supply disruption

Harrier.ev launched with 627-km range at ₹21.49 lakh; bookings start Jul 2

Tata Motors unveils the all-electric Harrier.ev, offering a 627-km range, rapid charging, AWD performance, and off-road capability; bookings begin nationwide on July 2