EV market News

Xiaomi Shatters Records with Over 30,000 Electric Vehicles Delivered in July

Xiaomi Corp. achieved a monthly record by delivering over 30,000 electric vehicles in July, driven by the launch of its second EV model, the YU7 SUV. This marks a significant miles...

Tesla Launches Model Y in India: Starting at $69.7K, A New Era for Electric Vehicles

Tesla Inc. has announced the Model Y's pricing in India, starting at $69,700, with showrooms opening in Mumbai and New Delhi. This marks Tesla's ambitious entry into the Indian EV ...

Tesla Accelerates into India: First Showroom Launches in Mumbai with Model Y Starting at Rs 61 Lakh

Tesla officially debuts in India with its first showroom in Mumbai, unveiling the Model Y at Rs 61 lakh. The company focuses on sales rather than manufacturing, amidst discussions ...

Nissan Accelerates Global EV Expansion with 2026 China Exports to Southeast Asia and Middle East

Nissan plans to export China-made EVs globally by 2026, targeting Southeast Asia and the Middle East. The strategy highlights the N7 sedan, showcasing Nissan's shift towards compet...

Ather Energy Charges Ahead: A Rs 3k Crore IPO to Revitalize the EV Market

Ather Energy, rivaling Ola Electric, announces a Rs 3k crore IPO to end the two-month mainboard IPO hiatus, adjusting its valuation amidst market volatility triggered by Trump tari...

Ashok Leyland's EV Subsidiary Switch Plans UK Manufacturing Halt Amid Sales Slump

Ashok Leyland's EV subsidiary Switch Mobility UK may stop manufacturing in the UK due to slow sales, shifting focus to India and the UAE for future operations. The Indian EV market...

Xiaomi Unveils the SU7 Ultra: A Game-Changer in the Electric Sedan Market at MWC

Xiaomi Corporation President William Lu announced the SU7 Ultra, a high-performance electric sedan, at the Mobile World Congress in Barcelona. With over 15,000 orders within a day ...

Tesla's Stock Plummets 6% as BYD Unveils Revolutionary Driving Capabilities

Tesla's stock fell 6% to its lowest since late November after BYD announced expanding its intelligence driving system to most models, including the BYD Seagull. This move has inten...

Electric Scooters to Dominate Half the Market by 2030: Hero Moto's Bold Prediction

Hero Moto predicts electric scooters will dominate 50% of the market by 2030, investing Rs 1,000 crore in EV business. Despite slow expansion, partnerships and innovations aim to o...

Hero Moto's Bold Prediction: Electric Scooters to Dominate Half the Market by 2030

Hero MotoCorp forecasts that electric scooters will make up 50% of the market by 2030, amidst a competitive and rapidly evolving electric two-wheeler landscape. The company is inve...

Malaysia's Electric Vehicle Market Set for Significant Growth by 2025

Malaysia's electric vehicle market is poised for growth by 2025, with EV adoption expected to reach 3% of the total industry volume. The government's focus on affordable EV product...

Proton Unveils its First Electric Vehicle in Malaysia

Proton launches its first electric vehicle, the e.MAS 7, in Malaysia, aiming to boost EV and hybrid adoption. The e.MAS 7 is priced competitively and supported by government goals ...