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Budget Express 2026

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  • Chart of the Day | Legacy automakers’ market share in electric two-wheelers surges

    Chart of the Day | Legacy automakers’ market share in electric two-wheelers surges

    New age firms are incurring huge EBITDA losses and supported by investor funding

  • Budget 2026: India's EV sector needs a shift in strategy

    Budget 2026: India's EV sector needs a shift in strategy

    A strategic focus on addressing deep-rooted issues like inverted duty structures and working capital inefficiencies will cultivate a stable, predictable, and competitive environment.

  • Davos 2026: Mahindra electric three-wheeler business is almost ready for IPO, says CEO Anish Shah

    Davos 2026: Mahindra electric three-wheeler business is almost ready for IPO, says CEO Anish Shah

    Speaking on the sidelines of the World Economic Forum to Moneycontrol in Davos, Shah said the business has performed strongly in a highly competitive segment and has emerged as the market leader

  • Budget Snapshot: Need for sops to rev up EV adoption remains

    Budget Snapshot: Need for sops to rev up EV adoption remains

    Global car buyers are putting the brakes on adoption of electric vehicles, with many shifting back to internal combustion engines

  • Is copper the new gold?

    Is copper the new gold?

    Copper's record-breaking price surge, driven by severe supply constraints, tariff-induced hoarding, and structural demand from electrification and AI, is fundamentally challenging its traditional role and valuation in global markets

  • Simple Energy looking to raise around $50 million, eyes capacity expansion ahead of 2027 IPO

    Simple Energy looking to raise around $50 million, eyes capacity expansion ahead of 2027 IPO

    CEO Suhas Rajkumar tells Moneycontrol the Bengaluru-based electric two-wheeler maker plans to raise fresh capital, expand retail presence and manufacturing capacity as it targets public listing next year

  • India’s electric two-wheeler registrations cross 1.27 million units in 2025; TVS Motor leads the market

    India’s electric two-wheeler registrations cross 1.27 million units in 2025; TVS Motor leads the market

    Bajaj Auto holds second spot, Ather strengthens position with family scooter push, while competition intensifies across legacy and EV-first players

  • UP emerges as India’s hybrid capital even as Delhi, Karnataka lead EV shift

    UP emerges as India’s hybrid capital even as Delhi, Karnataka lead EV shift

    Tax incentives and consumer caution tilt India’s most populous state towards hybrids, while metros race ahead on pure EVs

  • Hybrids skid as electric vehicles, CNG gain momentum in India’s passenger car market

    Hybrids skid as electric vehicles, CNG gain momentum in India’s passenger car market

    The GST reform widened the price gap between hybrid and petrol/diesel cars while the withdrawal of road tax waivers for hybrids by states such as Uttar Pradesh has further dampened the demand

  • Ultraviolette raises $45 million from Zoho Corporation, Lingotto in Series E round

    Ultraviolette raises $45 million from Zoho Corporation, Lingotto in Series E round

    Founded in 2016, Bengaluru-based Ultraviolette builds EV platforms and battery technology and its investors include TVS Motor, Qualcomm Ventures, TDK Ventures, Zoho, Lingotto, and Speciale Invest.

  • Automakers push for EV-type GST on range extended vehicle tech

    Automakers push for EV-type GST on range extended vehicle tech

    Like an EV, an REEV is also powered by a battery pack, but it does not depend exclusively on a wall-charging power source, thereby eliminating vehicle range anxiety.

  • What the Cabinet’s critical minerals royalty decision means

    What the Cabinet’s critical minerals royalty decision means

    Lower royalty rates may attract bidders for critical mineral blocks, but without domestic refining capacity, India’s clean-energy and electronics supply chains will remain import-dependent, say industry experts.

  • Ather vs Ola Electric: How they stack up in Q2 of FY26

    Ather vs Ola Electric: How they stack up in Q2 of FY26

    A snapshot of how the two electric scooter makers stacked up this quarter across key financial and business metrics.

  • Ather Energy narrows losses in Q2FY26 as revenue rises 54% year-on-year

    Ather Energy narrows losses in Q2FY26 as revenue rises 54% year-on-year

    Ather’s net loss for the quarter stood at Rs 154 crore, narrowing from a loss of Rs 197 crore in the same quarter last year.

  • Festive demand revs up Bajaj Auto to top spot in EV two-wheeler sales; Ola slips to fourth

    Festive demand revs up Bajaj Auto to top spot in EV two-wheeler sales; Ola slips to fourth

    Bajaj sold 29,597 EV two-wheelers in October, followed by TVS Motor and Ather Energy, while festive offers and new launches boosted overall market demand.

  • What puts TVS Motor's profit growth in top gear

    What puts TVS Motor's profit growth in top gear

    With sales growth stable and outpacing peers, TVS' profit margin expansion and market share increase should support the stock's rich valuations

  • Hyundai wants India to be its No.2 market by 2030; not worried if Chinese carmakers return, says CEO

    Hyundai wants India to be its No.2 market by 2030; not worried if Chinese carmakers return, says CEO

    The company’s fresh India commitment, part of a broader global capacity and technology build-out, includes a ₹45,000-crore programme focused largely on localisation of product development and engineering, along with the Pune plant ramp-up.

  • TVS Motor leads September electric two-wheeler sales, Ather breaks into top 3

    TVS Motor leads September electric two-wheeler sales, Ather breaks into top 3

    As many as 96,031 electric two-wheelers were sold in September, with TVS leading with a 21.9 percent market share.

  • EV makers charge up for festive season demand with focus on tier II and III cities

    EV makers charge up for festive season demand with focus on tier II and III cities

    With the GST Council’s decision to keep EVs in the 5 percent slab, industry executives say structural tailwinds this year are stronger

  • Ather Energy rules out cell manufacturing, to bet on partnerships instead

    Ather Energy rules out cell manufacturing, to bet on partnerships instead

    While several EV players, including Ola Electric and Reliance New Energy, have announced ambitious plans for giga-scale cell factories, Ather is keeping its focus on design, engineering, technology, and brand.

  • Ather Energy is moving to light rare earth magnets amid supply chain crisis

    Ather Energy is moving to light rare earth magnets amid supply chain crisis

    India’s electric vehicle industry has been grappling with supply risks due to the concentrated global supply of heavy rare earths, which are critical for high-performance magnets used in EV motors

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

    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.

  • TVS Motor stays ahead in EV two-wheeler race; Ola Electric overtakes Bajaj, Ather narrows gap

    TVS Motor stays ahead in EV two-wheeler race; Ola Electric overtakes Bajaj, Ather narrows gap

    According to VAHAN data, overall retail sales of electric two-wheelers touched 1,03,802 units in August 2025.

  • Ola Electric shareholders approve plan to reallocate IPO proceeds, extend timeline for use

    Ola Electric shareholders approve plan to reallocate IPO proceeds, extend timeline for use

    The 'variation' gives Ola Electric flexibility to reallocate its IPO funds in line with evolving business requirements and sectoral challenges, while the extension provides additional time for deployment of the capital

  • Swiggy partners with Bounce to deploy more EVs in Bengaluru and Delhi NCR

    Swiggy partners with Bounce to deploy more EVs in Bengaluru and Delhi NCR

    Swiggy has 5.4 lakh delivery partners and an extensive footprint in food delivery, where it collaborates with over 2.5 lakh restaurants across over 700 cities.

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