electric vehicles News

Hindustan Zinc and Essar's GreenLine Forge Rs 400 Crore Pact to Revolutionize Logistics with Green Energy

Hindustan Zinc Ltd and Essar’s GreenLine Mobility Solutions have entered a Rs 400 crore deal to decarbonize logistics using electric and LNG trucks, aiming to reduce CO₂ emissions ...

Ather Energy Shows Remarkable Growth: Doubles Sales and Cuts Losses in Q1

Ather Energy reports a reduction in net loss to Rs 178.2 crore in Q1, with revenue up 83% and sales volumes nearly doubling. The company credits cost control and software monetizat...

GM Shatters Records: US Electric Vehicle Sales Skyrocket 115% in July

General Motors reported a 115% increase in US electric vehicle sales in July, with the Equinox EV leading the charge. The surge is partly due to the looming expiration of federal t...

VinFast Expands in India: Opens Largest EV Showroom in Chennai, Aims for 35 Nationwide by Year-End

VinFast Auto India opens its largest EV showroom in Chennai, targeting 35 outlets nationwide by year-end. The Vietnamese company showcases premium electric SUVs, including VF 6 and...

VinFast Expands Global Footprint with Inauguration of First Overseas EV Plant in Tamil Nadu

Vietnam's VinFast inaugurates its first overseas electric vehicle plant in Tuticorin, Tamil Nadu, marking a significant step in global expansion. The facility aims to produce 50,00...

Volvo India Adjusts Strategy: Keeps ICE Models Alongside EVs Amid Slow Market Uptake

Volvo Cars India revises its strategy to continue selling both electric and ICE vehicles, citing slow EV market growth and regional differences in adoption. The company plans to in...

BYD Shatters Records with 344,296 NEVs Sold in July: A Surge in Global Demand

BYD Auto Co. Ltd. announced record-breaking sales of 344,296 new energy vehicles (NEVs) in July, with a 27.35% increase in year-to-date sales. The company also reported significant...

NIO Achieves Record 21,017 Vehicle Deliveries in July 2025, Marking a 2.5% Yearly Growth

NIO Inc. reported delivering 221,017 vehicles in July 2025, a 2.5% increase from last year. The deliveries included vehicles from its NIO, ONVO, and FIREFLY brands, with year-to-da...

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...

Exclusive: Jaguar Land Rover CEO Adrian Mardell Announces Retirement Amid Brand Revamp Challenges

Jaguar Land Rover CEO Adrian Mardell retires after 35 years, as the company faces challenges including US tariffs and a shift to electric vehicles. The Jaguar brand's controversial...

UK Government Boosts Ford's Electric Future with a £1B Export Guarantee

The UK government has pledged a £1 billion export guarantee to Ford Motor Company to support its transition to electric vehicle production, marking a significant step towards susta...

Bajaj Auto Faces Production Halt as China's Rare Earth Magnet Curbs Deepen Crisis in India's EV Sector

Bajaj Auto may halt production of electric scooters in August due to China's rare earth magnet export curbs, impacting India's EV sector. The company explores alternatives amidst a...

India-UK Trade Deal Cuts Import Duties on Luxury Cars, Delays EV Liberalization to Protect Domestic Market

India's trade deal with the UK significantly reduces import duties on luxury cars but excludes electric vehicles to protect domestic manufacturers. The agreement introduces quotas ...

Tesla Faces a 12% Revenue Drop in Q2 2025: What's Next for the Electric Giant?

Tesla Inc. reports a 12% year-over-year revenue drop in Q2 2025, with earnings per share and net income also declining. Despite challenges, the company continues to invest in innov...

Indian High-Net-Worth Individuals Lead Global Transition Investing Trends, Says Stanchart

Indian HNIs lead globally in transition investing interest, with a strong focus on sustainable investments like electric vehicles and green hydrogen, despite barriers such as perce...

India's Logistics Revolution: The Dawn of Electric Freight Transport

Agarwal Packers & Movers Ltd., Henkel India, and Kalyani Powertrain Ltd. launch India's first mid-haul electric truck, capable of 250 km per charge, setting a new standard for sust...

Electric Dreams Fuel Surge: Motorbike Sales Jump 6.4% in First Half Amidst Green Revolution

Motorbike sales rose by 6.4% in the first half of the year, with electric vehicles like VinFast showing promising growth. Hanoi's plan to phase out fossil fuel motorbikes by 2026 c...

Honda Aims for 30% Market Share in India's Two-Wheeler Sector by 2030, Targets Female Buyers

Honda targets a 30% market share in India's two-wheeler sector by 2030, focusing on female buyers and electric vehicles. Despite infrastructure challenges, the company plans signif...

Rivian Revives Georgia Factory Plans with $6.6B Energy Loan, Aims for 2026 Groundbreaking

Rivian Automotive Inc. plans to resume construction on its Georgia factory, aiming for a 2026 start, backed by a $6.6 billion loan from the US Energy Department. The project has al...

GM and Redwood Materials Forge Ahead: Pioneering the Future of Energy Storage Together

General Motors and Redwood Materials have signed an MOU to develop energy storage systems using new and recycled EV batteries, aiming to meet the growing electricity demand with su...

Tesla Launches Model Y in India: A New Era for Electric Vehicles at Rs 61 Lakh

Tesla launches its Model Y in India, starting at Rs 61 lakh, marking its entry into the Indian electric vehicle market with a showroom in Mumbai. The SUV features advanced technolo...

Exclusive: Tesla's North America Sales VP Troy Jones Exits After 15 Years Amid Executive Shakeup

Tesla's North America Sales VP Troy Jones leaves after 15 years, part of a series of executive departures. The company faces challenges from competition and brand pressure, focusin...

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 Expansion in Japan: Doubling Stores by 2026 Amidst BYD's Rapid Growth

Tesla plans to double its stores in Japan by 2026, expanding from 23 to 50, as Chinese rival BYD targets 100 stores by year's end, intensifying competition in Japan's EV market.

Ola Electric Faces Sharp Revenue Drop: A 49.6% Decline in Q1 Sparks Industry Concerns

Ola Electric reports a dramatic 49.6% decline in Q1 revenue, falling to Rs 828 crore from Rs 1,644 crore year-over-year, despite a 36% sequential increase. The company's financial ...

Panasonic Energy Launches Cutting-Edge EV Battery Plant in Kansas, Promising Thousands of Jobs

Panasonic Energy's new EV battery plant in Kansas is now operational, aiming to significantly boost US production capacity to 73 GWh and create thousands of jobs, marking a pivotal...

VinFast Accelerates into India: Signs 13 Dealer Agreements, Aims for 35 Showrooms by 2025

VinFast Auto India announces agreements with 13 dealer groups to open 32 dealerships across 27 cities, aiming for 35 by 2025, as part of its strategy to introduce electric SUVs in ...

Tesla Makes Grand Entrance in India: First Showroom Opens Next Week in Mumbai

Tesla is opening its first showroom in India next week, starting deliveries in late August. This marks Tesla's formal entry into the Indian market, offering the Model Y SUV amidst ...

Tesla Accelerates into India: Model Y Set to Electrify Mumbai Roads from July 15

Tesla is set to launch its Model Y in India from July 15, starting with a showroom in Mumbai's BKC, after receiving the necessary approvals from the Maharashtra RTO. This marks Tes...

Tesla Accelerates Global Expansion with First Showroom in Mumbai Amidst Sales Challenges

Tesla is set to open its first showroom in Mumbai, India, on July 15, introducing Model Y SUVs amid global sales challenges. The move signifies Tesla's strategic entry into the Ind...

Tesla Stock Surges 3.8% Following Elon Musk's Announcement of Grok AI Integration in Vehicles

Tesla's stock rose 3.8% after Elon Musk announced the integration of Grok AI into Tesla vehicles, marking a recovery from a previous downturn caused by political announcements.

BMW Reports a Slight Dip in H1 Sales but Sees a Surge in Electric Vehicle Demand

BMW Group's first half of 2025 sales saw a slight decline overall but experienced significant growth in electrified vehicle sales, including a 15.7% increase in BEVs. The company a...