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2 mins read
PM E-DRIVE scheme with ₹10,900 crore outlay announced for electric vehicles
Prime Minister Narendra Modi-led central government has notified a new scheme aimed at boosting the…
2 mins read
Automobile industry hails PM e-DRIVE scheme to promote EVs
Chandra said, "This forward-thinking initiative reflects the Government's unwavering support for In…
ANI
2 mins read
Japan’s Musashi Seimitsu and Log9 Materials partner to offer EV powertrain and battery solutions
Japanese firm Musashi Seimitsu Industry, the parent company of Musashi India has announced a strate…
3 mins read
Hyundai IPO listing: India's biggest ever IPO lists lower than issue price, brokerages issue buy rating
With a market cap of Rs 1,51,376.41 crore, Hyundai Motors India had opened for subscription between…
3 mins read
Waiting for the festive season to buy an EV? Cabinet approves PM E-Drive subsidising most EVs, sans electric cars
India's PM E-Drive subsidy provides significant financial incentives for electric two- and three-wh…
3 mins read
Why has Bernstein called India’s EV sector 'irrelevant'?
Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.
3 mins read
India's power sector to rise 2.2x, defence sector to grow at 13% CAGR by 2030
India's power generation and transmission sectors are poised for substantial growth. Also, India's …
2 mins read
Substantial drop in sales of cars, goods carriers and light commercial vehicles in Q2: SIAM
Sales of cars in the country saw a significant decline in the second quarter of FY25, as highlighte…
1 min read
Tata Motors ties up with two firms to expand charging infra for electric CVs
Strategically located in and around over 50 cities, including Delhi, Mumbai, Chennai, Bengaluru,…
PTI
1 min read
Passenger vehicle wholesales dip 2% in August as OEMs cut dispatches
Two-wheeler wholesales rose 9 per cent to 17,11,662 units last month against 15,66,594 units in …
PTI
2 mins read
Electric vehicle sales rose 55.2% to 1.79 lakh units in July: FADA
The electric two-wheelers sales during the previous month stood at 1,07,016 units, up 95.94 per…
PTI
4 mins read
Shares of Ola Electric have tapered down from their record-highs. Is this a good time to buy in?
Around 18.18 crore shares, or about 4% of company's outstanding shares were eligible for trading in…
2 mins read
Indian auto component industry turnover grows 9.8% in 2023-24; outlook positive: ACMA review
The turnover stood at Rs 6.14 lakh crore (USD 74.1 billion) during the year, said the ACMA, the bod…
ANI
2 mins read
Hyundai Motor India to list tomorrow, GMP enters green territory
Remember that GMPs are only indicative and not concrete indicators of the stock's performance on th…
4 mins read
All you need to know about Ola Electric's IPO: Should you subscribe or not?
With a price band of Rs 72–76 per share, only 10% of the issue is available for retail investors. I…
2 mins read
Adani Total Energies E-Mobility partner with MG Motor India to strengthen India's EV ecosystem
TotalEnergies E-Mobility Limited (ATEL), a wholly owned subsidiary of Adani Total Gas Limited (ATGL…
ANI
7 mins read
How is Ola Electric Mobility faring post its IPO?
Ola Electric announced the launch of Roadster electric motorcycle, which will be available in three…
3 mins read
Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry
The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…
4 mins read
Electrifying auto market: Planning to buy an EV, compare their price with petrol, diesel and CNG variants
Electric Vehicles (EVs) are here to take over the auto market. In the US, this growing trend is clo…
2 mins read
Only 57.44% B.E. and B.Tech. Indian graduates employable in automotive industry: Report
Only 57.44 per cent of engineering graduates in India are employable in the ever-transformative aut…