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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…

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1 min read

JSW Group mulls foray into EVs, to manufacture 4-wheelers

The manufacturing of EVs is being discussed actively at the group level, he said while divulging JS…

PTI   


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Bhavish Aggarwal-led Ola showcases its first electric scooter — aims to operate 1 crore bikes by 2022

The factory will generate 10,000 direct employment, along with additional jobs being created by …

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Okinawa Autotech opens second plant in India, to manufacture 10 lakh EVs per year by 2024

The company aims to manufacture close to three lakh electric vehicles per year at the new plant,…

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Ola will become a two-wheeler maker with a new electric scooter plant in Tamil Nadu where it is investing ₹2,400 crore

Six months after it acquired the Dutch startup Etergo, Ola Electric has announced a ₹2,400 crore ($…

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Hero Electric to set up ₹1,200 crore EV manufacturing plant in Rajasthan

The company said it has signed a Memorandum of Understanding (MoU) with the state government at …

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This EV maker that wants to compete with Tatas, is a multibagger with 26x returns

Ahmedabad-based renewable energy solutions provider Gensol Engineering is now the talk of town as i…

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Maruti Suzuki India to set up its third facility with an outlay of ₹18,000 crore in Haryana

The automaker already has two manufacturing facilities in Haryana. The upcoming facility will have …

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Hero Motocorp hits the 100 million cumulative production milestone

The 100 millionth bike, the Xtreme 160R, was rolled-out of the Company's manufacturing facility …

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Ola brings on board former General Motors veteran to lead the global manufacturing and operations of its electric business

Ride-hailing major Ola on Monday said it has appointed former General Motors executive Jose Pinheir…

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Yamaha suspends production at manufacturing plants till March-end

The operations at the Surajpur and Faridabad plants in Haryana have been suspended from March 23 t…

PTI   


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Ather Energy looks to raise ₹3,100 crore, files IPO papers with SEBI

Electric two-wheeler manufacturer Ather Energy has announced that it is going public and raising ₹3…

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EVs are not the only options for alternative fuel — make way for hydrogen and bio-fuel

Electric vehicles are gaining popularity worldwide due to consumer acceptance, policy backing, and …

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Tata Power net profit up 31% to ₹1,189 crore in June quarter

According to the statement, these businesses contributed 84 per cent of the PAT (net profit) in…

PTI   


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India, New Zealand hold Joint Trade Committee meeting to deepen relations

According to a release from the Ministry of Commerce & Industry, these meetings had focused discuss…

ANI   


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New EV Policy: Elon Musk’s Tesla may soon enter India as import taxes slashed for electric vehicles

In what may come as a big boost to Tesla’s plans to enter India, the Indian government has announce…

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Adani Enterprises Q4 net falls 37%; incubating businesses show strong momentum

While incubating businesses like new energy and airports showed strong momentum, the firm suff…

PTI   


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India to lead world in fuel demand growth, consumption to grow by 1.3 million barrels by 2030: IEA

India, the world's third biggest oil importer and consumer, will in the second half of the decade b…

PTI   


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Tesla may set up EV plant in Gujarat, Musk likely to visit India next month

Elon Musk's Tesla may finally end its dry run in India and announce to set up an Electric Vehicle (…

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Ola Electric aims to raise nearly Rs 5,800 cr via IPO, to file DRHP

Homegrown electric two-wheeler manufacturer Ola Electric aims to raise nearly Rs 5,800 crore throug…