Electric Vehicles

Vedanta puts INR 21,000 crore of FY26 metals spending under an EV heading

Vedanta has framed more than INR 21,000 crore of FY26 metals spending as support for India's electric vehicle chain. The figure aggregates existing projects, and two metals cited saw output fall.

BMW starts local production of the i5 Long Wheelbase at Chennai, priced at INR 79.60 lakh

BMW India’s first locally produced electric sedan launches at an introductory INR 79.60 lakh ex-showroom, with an 81.6 kWh battery and a claimed 669 km on the Indian test cycle.

eBikeGo plans 50 bicycle retail stores with INR 35 crore investment

eBikeGo, previously operated as an electric two-wheeler rental company has pivoted to retail.

Nhava Sheva now runs 150 electric trucks as port targets full energy transition by 2027

A second heavy-duty swapping station has opened at Jawaharlal Nehru Port, where about 150 electric trucks already operate. The company did not disclose investment in the planned EV Megaplex.

Swiggy delivery partners get discounted Hero bikes and 90 percent financing

Swiggy riders can select a Hero model in the app for discounted dealership pricing, with loans at up to 90 percent of value. Neither company named the lender or the discount.

Kinetic Watts and Volts adds dealers in India

The electric two-wheeler maker has 45 showrooms operational with 40 more due within two months, and says it is assessing markets from Turkey to Nigeria. No timelines were given.

Omega Seiki Mobility closes INR 100 crore funding across two rounds

The electric three-wheeler maker has raised INR 100 crore in two tranches, with its advisor SKG also investing. Investors, valuation and use of proceeds were not disclosed.

MG Hector Tomahawk launched in EV and PHEV

JSW MG Motor India has launched the Hector Tomahawk in Mumbai, the first SUV built on its ADAPT platform, and the first vehicle in the country offered with both a full-electric and a plug-in hybrid powertrain under one nameplate.

Bhago Mobility launches Honda electric scooter rentals at Delhi Metro’s ITO station

Bhago Mobility launched electric 2-wheeler rental service lets commuters rent Honda Activa e: scooters by the hour or day from a hub at ITO station, with five more Delhi Metro locations planned. Pricing was not disclosed.

Hyundai adds 7,000 Jio-bp chargers to its India network

Hyundai EV owners can now use Jio-bp’s charging network through the myHyundai app, adding more than 7,000 points across 300 cities. Financial terms were not disclosed.

BMW opens bookings for locally built i5 Long Wheelbase

BMW says the i5 Long Wheelbase is its first locally produced electric sedan in India, with a claimed range of up to 669 km.

Euler Motors opens ₹100-crore four-wheeler EV line at Palwal

The electric commercial vehicle maker has commissioned a dedicated four-wheeler plant across 40 acres in Haryana. Euler did not disclose what the line is currently producing against its 24,000-unit capacity.

Mahindra Racing finishes third in Formula E teams' championship

A double podium in London lifted Mahindra to 252 points and third place, up from fourth last season, closing out Formula E's GEN3 era.

TVS VMS puts its first 57 electric trucks on the road, targets 300-plus in FY27

TVS Vehicle Mobility Solutions has entered electric trucking, deploying 57 Montra Rhino e-trucks on a Chhattisgarh route and targeting 300-plus in FY27, the latest in a run of Montra deployments as legacy logistics players electrify.

Ola Electric pushes into grid-scale battery storage

Ola Electric is pivoting into utility-scale battery storage as a new growth engine beyond its slumping EV business, signing a first, non-binding MoU with Axis Energy for potential deployment of up to 20 GWh by 2032.

Ather turns EBITDA-positive for the first time as income jumps 87%

EBITDA-positive Ather points to operating leverage as volumes scale

Kia Sorento Hybrid teaser

Kia India has teased Sorento, its first hybrid SUV for India, launch date not set.