EV Market

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

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 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, 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

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 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 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

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

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?

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

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

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

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

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

Despite halving the per-unit demand incentive to Rs 5,000 per kWh, PM EDRIVE enabled 3.4 times higher annual EV volumes than FAME II

Maruti Suzuki India on Tuesday said it aims to drive in multiple electric models across bodystyles and set up charging infrastructure across the country as it looks to attain leadership in the segment. The auto major, which is gearing up to introduce its first electric vehicle model e Vitara next year, plans to set up around 1 lakh charging stations by 2030 in partnership with its dealer partners and charging point operators. "Aligning with our parent company, Suzuki Motor Corporation's vision, we will be launching many more electric vehicles across body types and segments in the coming years," Maruti Suzuki India MD and CEO Hisashi Takeuchi said in an event here. In line with this vision, by 2030, the company aims to establish a network of over 1 lakh charging points in partnership with dealers and charge point operators, he added. "We will be the leader in electric mobility in the country, and as a market leader, all our efforts will be to make EV adoption easier for all our ...

Ather Energy is now the third-largest e-scooter maker by volume and No. 1 by revenue, but warns that the PLI policy's exclusions are delaying launches and hurting innovation, says Mehta

Automakers told the Heavy Industries Ministry that high investment thresholds, tough localisation rules, and pending India-EU FTA talks are deterring participation in the EV promotion scheme

Blue Energy Motors plans ₹3,500 crore push to electrify short-haul trucking with 1,200 battery-swapping stations and "energy-as-a-service" model to rival diesel costs