Electric Vehicles News - Latest Updates, Headlines & Analysis

Tech uncertainty is leading to decline in R&D investments by auto OEMs: Report

New Delhi, April 12: Enhanced uncertainties in the technological space is leading to decline in research and development (R&D) investments, as original equipment manufacturer (OEMs) have indicated some taper-off in investments from elevated levels in Calendar Year 2024.

India's automotive component production to reach $145 bn by 2030: NITI Aayog

New Delhi, April 11: The country's automotive component production is set to grow to $145 billion by 2030, with exports tripling from $20 billion to $60 billion, while generating 2-2.5 million new employment opportunities, a NITI Aayog report projected on Friday.

Oben Electric ramps up national expansion with 15 new showrooms in four states

New Delhi, April 10: Electric Vehicle startup Oben Electric on Thursday announced expansion by opening an additional 15 new showrooms and service centers in four new states: Punjab, Gujarat, Madhya Pradesh, and Telangana.

Audi India boosts electric mobility with 6,500+ charging points through 'Charge My Audi' initiative

New Delhi, April 10: Audi India's electric vehicle (EV) infrastructure has crossed over 6,500 charging points across the country as part of Phase II of its segment-first 'Charge My Audi' initiative.

Mercedes-Benz India sells record 18,928 cars in FY25, EV sales jump 51 pc

New Delhi, April 10: Mercedes-Benz India on Thursday reported its highest-ever annual sales in the country in the financial year 2024-25 (FY25) as the luxury carmaker sold 18,928 vehicles during the year.

Mahindra delivers 3,000 XEV 9e and BE 6 across India

Mumbai, April 9: Mahindra & Mahindra Ltd. has announced the successful delivery of over 3,000 all-electric Origin SUVs--the XEV 9e and BE 6--since the commencement of nationwide deliveries on March 20, 2025.

Indigenous wireless EV charger capable of 90 pc charge in 3 hours to be launched soon: Govt

New Delhi, April 7: An indigenously developed wireless charger for electric vehicles (EVs), capable of charging up to 90 per cent in around three hours, is set to be commercialised soon, the government announced on Monday.

Gujarat CM Bhupendra Patel inaugurates India's first geared electric motorbike plant in Ahmedabad

Gandhinagar, April 5: Gujarat Chief Minister Bhupendra Patel has inaugurated the country's first geared electric motorbike plant, set up by MATTER Company at Changodar, Ahmedabad.

Himachal Cabinet approves key decisions on employee regularization, hydro projects, healthcare and EV infrastructure

Shimla, April 5: The Himachal Pradesh State Cabinet, chaired by Chief Minister Thakur Sukhvinder Singh Sukhu, approved a series of major initiatives aimed at improving public services, infrastructure, and the state's revenue generation on Saturday.

Maharashtra govt issues notice to Ola Electric over missing trade certificates

Pune, April 4: The Maharashtra government has issued a notice to Ola Electric Mobility Limited, asking the company to explain why some of its stores in the state are operating without valid trade certificates.

Hyundai Motor rules out immediate price hike in US despite tariff hike

Seoul, April 3: Hyundai Motor has no plans to raise vehicle prices in the United States for now despite Washington's 25 per cent duties on automobile imports under US President Donald Trump's ‘America First’ trade policy, the automaker's chief executive officer (CEO) said on Thursday.

MLMML retains top spot as India's no.1 electric commercial vehicle manufacturer in FY25

Mumbai, April 2: Mahindra Last Mile Mobility Limited (MLMML) has once again solidified its dominance as India's leading electric commercial vehicle (EV) manufacturer, securing the top position for the fourth consecutive year in FY25.

Achieved sales of over 13 lakh electric vehicles in FY25: Centre

New Delhi, April 2: The Ministry of Heavy Industries has achieved sales of more than 13 lakh electric vehicles (EVs) in the just-concluded financial year 2024-25, marking a significant stride towards cleaner, greener and more sustainable mobility which aligns with Prime Minister Narendra Modi’s vision of ‘Net Zero’ by 2070.

Hyundai Motor India Limited record sale of 7,62,052 units in FY 24-25

New Delhi, April 1: Hyundai Motor India Limited (HMIL) recorded total sales of 7,62,052 units in FY 24-25, the company said in its filing to the exchanges on Tuesday.

Tata Motors registered total sales of 252,642 units in Q4 FY25

New Delhi, April 1: Tata Motors Limited sales in the domestic & international market for Q4 FY 2024-25 stood at 252,642 units, compared to 265,090 units during Q4 FY 2023-24, as per the data released by the company on Tuesday.

TVS Motor Company registers its highest-ever sales marking 13% sales in FY 2024-25

Bengaluru, April 1: TVS Motor Company has posted record-breaking sales for the financial year 2024-25, registering a remarkable 13 per cent growth. The company's total sales for FY 2024-25 reached 4.74 million units, up from 4.19 million units in FY 2023-24.

Centre accelerates PM E-Drive scheme with more EV charging stations on the way

New Delhi, April 1: The Centre has received inputs from as many as 14 states for its stepped-up campaign under the PM E-Drive scheme, which aims to more than double the number of electric vehicle public charging stations to 72,300 along dense traffic highways and key cities to encourage the adoption of green vehicles.

TATA.ev and Allied Motors launch electric vehicle portfolio in Mauritius

New Delhi, March 28: TATA.ev, India's largest four-wheeler electric vehicle manufacturer and a subsidiary of Tata Motors, has officially entered the Mauritian market in partnership with Allied Motors, the country's leading automobile distributor.

Maruti Suzuki to invest Rs 7,410 crore to set up 3rd factory at Haryana's Kharkhoda

New Delhi, March 26: India's largest carmaker, Maruti Suzuki Ltd, on Wednesday announced an investment of Rs 7,410 crore to build a third factory at Kharkhoda in Haryana, to expand production capacity to meet the rising domestic demand as well as exports.

Maha govt withdraws 6 pc tax on EVs priced above Rs 30 lakh

Mumbai, March 26: Maharashtra Chief Minister Devendra Fadnavis announced on Wednesday in the state council that the government has decided to withdraw the six per cent tax on electric vehicles (EVs) priced above Rs 30 lakh, as was initially proposed by Deputy CM and Finance Minister Ajit Pawar in the annual budget for 2025-26.

Maharashtra Cabinet approves special incentives for 19 projects

Mumbai, March 25: Maharashtra Cabinet Sub-Committee headed by Chief Minister Devendra Fadnavis on Tuesday gave approval for providing additional special incentives for 17 projects based on the thrust sector and advanced technology policies, along with the collective incentive scheme.

EV insurance demand surges 16x in just 3 years, Delhi-NCR leads with 18.3% market share: Report

New Delhi, March 22: The demand for Electric vehicles (EVs) insurance has witnessed a significant upswing, with adoption growing a staggering 16 times in just three years, according to the internal data of Policybazaar.

Ola Electric confirms receiving inquiries from govt over EV registrations, trade certificates

New Delhi, March 21: Ola Electric said on Friday it has received inquiries from the Ministry of Heavy Industries (MHI) and the Ministry of Road Transport and Highways (MORTH) regarding discrepancies in its sales data and issues related to trade requirement certificates.

Trump says people sabotaging Teslas may go to jail for up to twenty years

Washington DC, March 21: US President Donald Trump said on Friday that people who are caught sabotaging Tesla cars may stand a chance to go to jail for up to twenty years. He made the announcement in a post on Truth Social.

Hyundai to double down on US production with new EV plant

Seoul, March 21: Hyundai Motor Group is accelerating efforts to expand its production footprint in the United States, amid US President Donald Trump's continued call for foreign companies to manufacture in the country to do business there, according to industry observers on Friday.

Gujarat Budget: Rs 165cr allocated for climate change; renewable energy capacity reaches 32,303 MW

Gandhinagar, March 20: Presenting the demands of the Climate Change Department in the Gujarat Assembly, it was highlighted that the state established a dedicated Climate Change Department in 2009. This move not only set an example for India but also positioned Gujarat as a pioneer in Asia.

As many as 1,61,338 EVs plying on roads in Odisha: Minister

Bhubaneswar, March 20: As many as 1,61,338 electric vehicles (EVs) are plying on the roads in the state, said Odisha Transport Minister Bibhuti Bhushan Jena on Thursday.

Ola Electric's stock slides as raids expand on its stores over trade violations

New Delhi, March 20: Following reports of regulatory scrutiny and fresh raids on company's stores, Ola Electric's stock price took a hit on Thursday as shares dropped by 4.05 per cent to Rs 51.64 apiece on the Bombay Stock Exchange (BSE).

After Mumbai, Pune RTO cracks down on Ola Electric stores; 36 e-scooters seized

Mumbai, March 20: The Maharashtra government has intensified its scrutiny of Ola Electric stores over alleged trade violations, adding to the challenges faced by Bhavish Aggarwal-led electric vehicle (EV) maker

Hyundai Motor CEO highlights need to tackle challenges amid Trump tariff woes

Seoul, March 20: Jose Munoz, the chief executive officer (CEO) of Hyundai Motor, on Thursday highlighted growing trade tensions and protectionism as key challenges for the global automotive industry in 2025, urging strategic adaptability to maintain the company's growth momentum.

16.15 lakh EVs incentivised under FAME India scheme Phase-II: Centre

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