EV
EV makers turn to family scooters to drive mass-market adoption
Both new-age companies and legacy manufacturers expect mass-market buyers to drive the next phase of growth for electric two-wheelers. Ather Energy's Rizta, launched in April 2024 as its first family-oriented electric scooter, has crossed 3 lakh in cumulative sales and accounted for 76% of the company's volumes in FY26.
For investors with medium-term outlook: 5 large-cap stocks with upside potential of up to 23%, according to analysts
The headwinds hitting the market are not just easing now. Some of them are actually turning into tailwinds. That is a real change. The broader market is inching higher, and the Nifty and the Sensex are moving up with it. For months, the bulls were trying and failing to get a foothold. This time the attempt looks more serious, because the macro picture, for once, is working for rather than against them.
EU threatens significant fines for unfair online trade practices
The European Commission is proposing a new Digital Fairness Act aimed at enhancing consumer rights. This legislation will impose fines on companies engaging in unfair practices such as deceptive advertising targeted at children. It seeks to ban dark patterns and other misleading digital strategies that cost consumers significantly. Companies will need to comply with these new rules to avoid substantial penalties.
India will need additional 25,000 EV fast chargers in next 3 years: Exicom CEO
India is projected to require an increased number of DC fast chargers to support electric vehicle sales growth. An estimate suggests that around 25,000 more chargers will be needed over the next three years. This requirement accounts for the expected growth in passenger vehicles, buses, and trucks. Exicom Tele-Systems has supplied a significant number of charging stations and aims for ongoing growth in this sector.
ET Prime Special Series: Multibagger or IBC – Part 84: Can rising demand for decorative features drive this auto ancillary's growth?
A car can change its engine and still look almost the same. It can also keep the same engine and look so different that buyers happily pay more for it. That is the peculiar corner of the automobile industry this story explores. For one listed supplier, the shift to EVs may be less threatening than it sounds. The bigger question is whether changing consumer preferences can help it build a more valuable business.
Centre's EV push puts electric mobility stocks in the fast lane; M&M, Ola Electric lead rally with gains of up to 5%
Electric mobility stocks rallied on Wednesday after the Centre made EVs the default choice for government staff-car procurement and doubled the price ceiling for electric cars to Rs 20 lakh. M&M led the gains, followed by Ola Electric, Hyundai Motor India and TVS Motor Company.
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Tata Motors partners with Finzo EV Solutions to make electric commercial vehicles more accessible
Tata Motors has entered into a partnership with Finzo EV Solutions to offer financing options. These options include quick loan disbursements and flexible repayment plans for customers. The agreement also features a 25 percent assured buyback guarantee to enhance vehicle resale value. This initiative aims to support the transition to electric mobility for commercial vehicle users in India.
Volkswagen's China EV venture has no new models planned for next two years, sources say
The launch of Volkswagen's ID. UNYX series in China has resulted in lackluster sales for its electric vehicle joint venture. With no new models planned for 2027 or 2028, consumer interest is dwindling. As the market in China contracts, Volkswagen finds itself in a tough position. They are strategizing to streamline operations and potentially roll out fresh models to regain their competitive edge in this evolving landscape.
Indian IIT talent thrives in Japan's MIRAI-Setu programme as nations near 75th anniversary
As India and Japan approach 75 years of diplomatic ties in 2027, 40 IIT and IIIT students visited Japan under the "Foster System = MIRAI - Setu" programme. Immersed in Japanese universities and corporations, they developed strong industry insights, proposing innovative solutions for bilateral growth.
Honda to invest $3 billion in Ohio plant to make hybrid vehicles, create 2,000 jobs
Honda Motor will invest $3 billion to build a new hybrid vehicle plant in Ohio, creating 2,000 jobs and adding annual production capacity of 240,000 vehicles from 2029. The Japanese automaker also announced fresh investments in Canada, Ohio, Georgia and Alabama as it expands hybrid production and adjusts its electric vehicle strategy amid US tariffs.
NMDC in talks with Russia's Rosatom over lithium investments, sources say
Indian state-run miner NMDC Ltd is in talks with Russia's Rosatom to invest in lithium projects. These discussions are part of India's strategy to secure supplies for battery and EV industries. NMDC aims to enhance its global mineral diversification strategy and has formed a team for due diligence. The Indian government is investing in domestic processing of critical minerals to reduce import dependence.
Jaguar Land Rover to launch its first electric vehicles in key growth market India in 2027: MD
Jaguar Land Rover (JLR) will enter India's luxury electric vehicle market in 2027 with the Range Rover Electric and Range Rover Sport Electric. The company will also launch the new Jaguar GT next year. JLR India plans to initially import the EVs to test demand, expand its retail network to 40 outlets and capitalise on India's growing premium car market.
Piyush Goyal meets Skoda Auto Volkswagen India CEO; talks focus on EV push, exports
Commerce Minister Piyush Goyal met a delegation led by Škoda Auto Volkswagen India CEO Piyush Arora to discuss expanding automobile exports, strengthening domestic manufacturing, accelerating EV production and increasing localisation.
India's three-wheeler market takes an electric turn, with one in two new sales now EVs
Electric three-wheelers are increasingly popular in India, with sales significantly rising and concerns about fossil fuels decreasing. Mahindra Last Mile Mobility now produces a large number of e-rickshaws to meet growing demand. Drivers like Afroz Alam have reported substantial savings after switching from gas-powered models to electric versions. Analysts attribute this shift to lower operational costs and government subsidies promoting EV adoption.
M&M bets on SUV growth, EV expansion and global aerospace orders to drive earnings
Mahindra & Mahindra has unveiled impressive revenue and profit figures, driven largely by the rising popularity of SUVs and electric vehicles. Looking ahead, the company is set to boost production capacity and launch several new vehicles. In contrast, the tractor sector's growth forecast has been adjusted to flat, influenced by unfavorable monsoon conditions and low water levels in reservoirs.
Force Motors to launch electric Traveller platform and ambulance by 2027, investing ₹3000 cr in EV technology
Force Motors intends to launch an electric version of the Traveller platform in the first quarter of 2027. An electric ambulance is expected to be among the initial offerings of this new vehicle. Development and testing of these vehicles are currently being conducted with the Automotive Research Association of India. The company is making significant investments in manufacturing capacity and electrification initiatives for its vehicles.
Electric vehicle sales jump 45% to 3,54,625 units in October, led by e-two wheelers and burgeoning demand
Electric vehicle sales in India experienced significant growth in October, reaching 354,625 units. E-two-wheeler sales contributed most, totaling 224,064 units this year. There was also a notable increase in e-passenger vehicles, with volumes rising to 37,049 units. Electric three-wheelers grew to 88,570 units, continuing the overall upward trend in the EV market. The report indicates that demand continues to exceed supply due to rising fuel prices.
Delhi vehicle registrations hit 2026 high ahead of Diwali
Vehicle registrations in Delhi rose by 8.67% month-on-month to reach 91,153 in October 2023. Two-wheelers constituted a large percentage of the registrations, while car registrations saw a sharper month-on-month increase. The festive season, especially around Dhanteras and Diwali, influenced buying trends significantly this year. Electric vehicle registrations also grew substantially, indicating a shift towards sustainable transport. November's data will be critical in understanding ongoing vehicle purchase trends.
Auto sales to maintain momentum, driven by GST relief, EVs : SIAM
The Indian automotive industry is expected to sustain growth momentum in the second half of the fiscal year. Key factors include improved affordability, strong financing support, and resilient market demand. Sales of entry-level passenger cars have surged significantly, indicating a revival in consumption among first-time buyers.
ET Graphics: EVs hit double-digit sales share in 2026, but three-wheelers remain the biggest growth engine
Electric vehicles accounted for 11.2% of India's vehicle sales in October, their lowest share since May, but the broader adoption trend remains strong. EVs made up 10.7% of sales so far in 2026, against 8% in 2025. Three-wheelers continue to lead adoption, while businesses are switching faster.
Tata Motors PV says CERT-In-flagged app vulnerabilities addressed through updates
The vulnerabilities identified in the iRA 2.0 and iRA.ev applications have been addressed through software updates and enhanced security measures, a Tata Motors Passenger Vehicles spokesperson told.
Rs 600 for 1,000 km journey: Nitin Gadkari proposes Rs 3 per unit for EV charging at night and Rs 5 during the day to boost EV adoption
Nitin Gadkari recommended varying electricity rates for electric vehicle charging to enhance usage in Maharashtra. He indicated that costs for traveling in electric vehicles are significantly lower than petrol or diesel cars. Gadkari mentioned the potential for solar power to support cheaper night-time electricity. He provided updates on alternative fuel technologies including electric and hydrogen-powered vehicles. Additionally, Gadkari discussed biofuels, biogas, and their role in environmental sustainability.
Ather Energy shares fall 4%, snap 5-day gaining streak. What’s triggering the sharp fall?
Ather Energy shares ended a five-session winning streak as the shareholder lock-in period expired, making 21% of its outstanding equity eligible for trading. The development comes after the EV maker reported its first quarterly profit, while Nomura retained its Buy rating.
Indian car buyers trade up selectively as CNG, EVs gain ground over fuel; SUV growth reshapes price ladder
Indian passenger vehicle sales have shown a pronounced shift towards higher price bands and alternative fuel options. The ₹12 lakh-20 lakh segment grew significantly, while lower segments experienced a slight decline. Petrol vehicle registrations decreased, with CNG and electric vehicles gaining market share. Compact SUVs have become increasingly popular, reflecting changes in consumer preferences and technology advancements.
TIME’s Best Inventions of 2026: This wheelchair drives like a self-driving car, with sensors, voice commands, and collision avoidance
The Strutt ev¹ stands out as a revolutionary invention, featuring an intelligent co-pilot navigation system that empowers users with unmatched independence. This electric wheelchair operates autonomously and adapts to diverse settings. Equipped with state-of-the-art robotics, sensors, and voice-activated controls, it offers unparalleled accessibility. Priced at $7,499, the Strutt ev¹ is available online, complemented by a test drive option.
ET Prime Special Series: Multibagger or IBC - Part 83: Under this auto ancillary’s hood, sales and profits tell different stories
Some auto suppliers spend years trying to win a major customer. This business has been associated with one for four decades. That has helped build manufacturing scale, product capabilities, and a presence near auto plants. But it also creates an unusual equation for investors. Nearly 90% of the company's FY26 revenue is from sales to one related customer. Its portfolio spans parts that can survive the EV transition and others more closely tied to ICE vehicles. The story is about how durable customer access becomes durable returns.
Karnataka risks losing auto, EV testing centres as Mandya politics stalls project
Karnataka risks losing proposed automobile and electric vehicle testing centres in Mandya due to political tensions. HD Kumaraswamy advocates for these centres, which could significantly boost the local economy. The central government’s investment could develop an auto hub similar to those in other states. However, political rivalries complicate the project's progress, and local leaders are unable to unite.
Electric car sales nearly double in October
Electric car sales in India nearly doubled year-on-year to 35,777 units in October, taking their share of passenger vehicle sales to 7% from 3.2% a year earlier. Tata Motors led with a 40.7% market share, followed by Mahindra at 23.7%, as high fuel prices and expanding charging infrastructure supported demand.
Indian Bank targets Rs 100 cr lending under EV charging scheme in FY27: MD
Indian Bank has set a lending target of Rs 100 crore for electric vehicle charging infrastructure. The bank launched IND Green Charge for public, captive, and fleet charging stations under various models. It plans to promote entrepreneurship and support India's transition to sustainable mobility with this initiative. The scheme will provide loans up to Rs 10 crore for a maximum tenure of eight years.
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