EV CHARGING TECHNOLOGY
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.
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.
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.
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.
Fintechs fortify cyber defences; Logistics cos in the speed lane
Happy Monday! Fintechs are stepping up security as AI-powered cyberattacks become more sophisticated. This and more in today’s ETtech Morning Dispatch.
How Australia built world’s biggest battery-powered ferry
The electric ferry China Zorrilla has launched its operations between Buenos Aires and Uruguay, marking a significant milestone in eco-friendly maritime transport. This initiative showcases advancements in battery technology aimed at curbing environmental impact.
Ford’s new $30,000 EV truck can power a home during an outage without an external inverter, potentially making backup electricity cheaper
Ford's upcoming Fathom electric truck is set to provide home backup power during outages. The truck features integrated bidirectional charging technology for efficient electricity transfer. Estimated costs for necessary home power equipment will be around $2,000, significantly lower than previous systems. Homeowners may need to upgrade their electrical setups to utilize this technology efficiently. The Fathom aims to appeal to buyers seeking multifunctional electric vehicles.
HPCL Q2 Results: Profit slips 6% YoY to Rs 3,625 crore, revenue jumps 26%
HPCL reported Q2FY27 net profit of Rs 3,625 crore, recovering from a previous-quarter loss. Revenue rose 26.1% year-on-year, refining margins surged, fuel sales increased, and investments advanced infrastructure expansion, innovation, and green energy initiatives.
Volkswagen bet on Xpeng to save its China business. It's not going to plan
Volkswagen’s ID. UNYX 08 electric SUV sold poorly, achieving only 267 units per month since its launch. The automaker initially aimed for 3,622 monthly sales but consistently missed this target. Local competitors have gained an advantage by offering advanced technology at lower prices, which has hindered Volkswagen's sales efforts. Despite these challenges, Volkswagen continues to pursue aggressive sales goals for the upcoming UNYX 09 sedan.
Auto companies ride on a low base to deliver robust 22% sales in September
Car sales in India saw a 22% increase in September due to dealers stocking up for festivals and strong demand. Two-wheelers and three-wheelers also experienced growth of 13.5% and 16% respectively during the same month. The overall sales for passenger vehicles increased by 28.3% in the first half of FY27. Automakers remain hopeful about continuous demand amidst ongoing geopolitical challenges.
Supply-chain efficiency and sustainability in operations: Rinkesh Satija’s 2-Cents!
PepsiCo India collaborates with over 36,000 farmers to boost agricultural productivity and implement sustainable farming practices. The company's commitment includes investments in innovative technologies and infrastructure enhancements geared toward reinforcing its supply chain for future growth. Initiatives such as the Kosi–Pataudi EV Green Corridor aim to minimize environmental impact while optimizing distribution efficiency.
India passenger vehicle sales rise 22% to 4.54 lakh units in September: SIAM
September 2026 marked a pivotal month for India's automotive sector, with car sales climbing by 22%, reflecting strong consumer interest. Ahead of the festive season, manufacturers stepped up shipments, while two-wheeler sales also surged by 13.5%. This upward trend was bolstered by enhancements in affordability and infrastructure. Despite ongoing global geopolitical tensions, optimism about maintaining this demand growth remains high.
Hyundai Motor Group to invest $15.5 billion in India in seven years
Hyundai Motor Group will invest $15.5 billion in India by 2032 to expand manufacturing operations and R&D capabilities. This investment aims to strengthen the local automotive ecosystem while fostering partnerships with local suppliers. Additionally, the group will establish a dedicated investment entity in India to coordinate these efforts. The comprehensive investment is expected to create numerous job opportunities across various sectors.
Hyundai Motor to plug $15.5 billion in India's automotive sector
Hyundai Motor Group intends to invest $15.5 billion in India between 2026 and 2032. This investment aims to position India as a key market for the company's growth and expansion. The discussions about this initiative occurred during a meeting with Prime Minister Narendra Modi Ji. Executive Chair Euisun Chung emphasized the importance of India for next-generation automotive innovation.
India-Chile trade negotiations: A quiet and strategic deal beyond tariffs
India and Chile are progressing with negotiations for a Comprehensive Economic Partnership Agreement to enhance trade relations. The agreement will focus on sectors such as digital services, critical minerals, and investment. Both nations seek to diversify their trade partnerships and reduce reliance on single markets, particularly in mineral exports.
New Hyundai Bayon SUV unveiled with petrol and hybrid engine options, panoramic sunroof, more rear legroom; expected price, boot space and other specs
Hyundai Bayon SUV: Hyundai has shown the all-new Bayon at the 2026 Paris Motor Show. The compact SUV gets petrol engines at launch, a hybrid in 2027, a 440 litre boot, more rear legroom and a panoramic sunroof.
Devil's in the diesel, get E-truckin'
To wean India off its crude oil addiction or make any structural dent to air pollution, electrifying our freight fleets are a no-brainer. Niti Aayog says road freights alone accounts for more than a quarter of India’s oil-import expenditure. But E-cars or green city buses alone won’t charge the collective imagination for a once-in-a-lifetime EV push: We need to green our highways. But first distortions in the duties need to be fixed.
Sustainable Product of the Year 2026: How the ET Product of the Year Awards Recognise Measurable Environmental Impact
Sustainability has become a powerful part of the product story. But as environmental claims become increasingly common, the bigger question is no longer whether a product is being positioned as sustainable. It is whether it can prove the difference it is making.
Mercedes-Benz India sees luxury buyers paying 5-6% more for plug-in hybrids
Mercedes-Benz India is optimistic about the demand for plug-in hybrid vehicles in the luxury segment. CEO Santosh Iyer noted the appeal for customers due to the convenience and flexibility of these vehicles. The company plans to expand its plug-in hybrid offerings, with new models like the Maybach S-Class. Deliveries are expected to begin for these models by the end of October.
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