Electric Vehicles

The local unit of Europe’s biggest automaker has cut costs to about $700 million from $1 billion for a platform it is developing to build EVs

Centre eyes incentive scheme to power EV truck, bus financing: Report

The plan follows a recommendation from NITI Aayog and could include incentives for banks and non-banking financial companies (NBFCs) as well as new lending guidelines for electric commercial vehicles

Ola Electric Q2 loss narrows to Rs 418 crore, revenue down 43% year-on-year

Ola Electric's net loss narrowed and operating EBITDA loss also improved, even on a sharply lower revenue from operations in Q2 FY26.

China files WTO complaint over India EV, battery subsidies

China will take 'firm measures' to effectively safeguard the legitimate rights and interests of its domestic industries, the ministry added

Tesla market share in US drops to lowest since 2017 as competition heats up

The decline highlights the threat from automakers ramping up EV incentives at a difficult time for the industry

Tesla’s China shipments suffer back-to-back drop as rivals gain

The electric vehicle maker shipped 83,192 units from the plant last month, according to preliminary data

Govt to issue guidelines to states to identify location, collect bids for EV charging stations

In a first, the upcoming guidelines will also include some incentives for downstream EV charging infrastructure such as EV charging guns or connectors, which deliver electricity from the charging station to the vehicle.

JSW Group seeks to strengthen EV biz with foray into auto parts manufacturing: Report

The group has already made significant investments to enter electric vehicles and EV battery business

VinFast bets on India, Indonesia to win global EV race after US, EU push falters

The opening of its first overseas assembly plant in India earlier this month is a crucial piece in billionaire owner Pham Nhat Vuong’s Asia pivot

Tata Power to recalibrate public EV charging ramp up over sluggish e-cars growth

Tata Power’s move can be an indicator of an overall decline in the pace of installation of public EV charging units in India. Last month, Karnataka government had to scrap its ambitious plan of to set up 2,500 EV charging stations across the state citing poor response from private companies.

MC Explainer | Tesla’s India entry puts spotlight on EV battery insurance: What it is and why it matters 

As Tesla drives into India, Moneycontrol unpacks the evolving landscape of EV battery insurance and what it means for insurers, automakers, and consumers alike

India’s EV Surge: Charging ahead or running on empty?

Although India’s electric vehicle transformation is accelerating, there is an uncomfortable truth of systemic vulnerability behind the bustling activity and promotional noise

Global EV sales jump 24% in June though North American market struggles: Report

Sales in China jumped 28% from the same month last year to 1.11 million vehicles

Ola Electric looks to secure Rs 1,200 crore in private credit

A majority of the fresh money will be used to refinance an existing bank loan, a source told Moneycontrol

JSW Group plans to become single-largest shareholder in JSW MG Motor India: Report

JSW plans to become single-largest shareholder as its Chinese partner SAIC Motors limits its India investment

Xiaomi launches $35,000 SUV to take on Tesla’s model Y in China

Xiaomi founder Lei Jun attacked Tesla head-on during a Thursday launch event, stacking his vehicle against the Model Y

Govt striving to resolve China’s rare earth import issue for India: Commerce Secretary

'IIndia's diplomatic and commercial communication should yield a positive result on import of rare earth magnets from China,' said commerce secretary Sunil Barthwal.

PMO views all clean fuel vehicle segments equally, says report

This comes at a time when the cracks has widened between hybrid and electric vehicles in the domestic auto industry

India’s EV incentive scheme: Incumbents brace for competition

The government’s scheme to incentivise entry of global majors into the electric cars market poses a risk to incumbents, unless they pull up their socks

EV makers Tata, Mahindra seek to block hybrids in govt fleets: Report

Companies, including M&M and Tata Motors, are lobbying the ministry of heavy industries to overturn an attempt to equate hybrids with EVs

A century-old electric car battle returns: Will history repeat itself under Trump?

Electric vehicles once ruled American streets before politics and oil sidelined them — and today's political shifts may be putting them at risk again.

Hero Motocorp to relinquish special rights in Ather following IPO

Hero Motocorp is a key investor in Ather with 37.2% stake and currently has special privileges including information rights

EV makers seek govt help as China restricts supply of rare earth magnets

China’s has restricted the supply of the magnets to India since April 4, industry sources have said

Scooting to the bank: Ather’s IPO sparks high-voltage returns for founders, early backers

Founders Tarun Mehta and Swapnil Jain are cashing out a total of 19.6 lakh shares between them – 9.8 lakh each. With a weighted average acquisition cost of just Rs 21.09 per share, the duo is looking at over 15x returns.

Shivalik Bimetal Controls: Will earnings growth bounce back?

Temporary headwinds in the international market persist while forward integration and robust domestic demand will improve financial metrics.