Ola Electric has reportedly sold 23,965 vehicles in September 2024, marking a second consecutive month of decline in sales. The company’s market share has been dropping steadily from over 50 per cent in April to just 27 per cent in September2024, as per the government data.
Anant Ambani and BP CEO Murray Auchincloss inaugurated Jio-bp's 500th EV charging station at the Neeta Mukesh Ambani Cultural Center in Mumbai. The rapid expansion positions Jio-bp as a key player in India’s EV adoption, with a focus on fast-charging stations and green mobility.
PM E-Drive scheme marks a significant step up for India's EV ecosystem. As the government addresses infrastructure and incentivizes new categories like e-ambulances, the industry is hopeful that these initiatives will lead to higher EV adoption and sustainable growth.
Ola Electric's stock has dropped again, for the 6th consecutive session and reported a loss of over 30 per cent from its recent all-time high of Rs 157.40 per share.
Trump announced that if elected, he would consider appointing Elon Musk to a cabinet or advisory position, "if he would agree to it." Trump also mentioned that he might eliminate the $7,500 tax credit for electric vehicle purchases, describing it as "ridiculous."
Ola Electric Mobility saw a robust debut on the Mumbai stock market, with shares jumping 20 per cent, showcasing strong investor confidence in India's burgeoning electric vehicle (EV) sector. Now valued at USD 4.8 billion, the company is well-positioned to leverage the growing shift towards EVs.
Tata Curvv EV boasts a striking exterior that is typical of Tata's design language. Its front is adorned with sleek LED headlights and a bold grille.
To accelerate electric vehicle (EV) adoption and boost local manufacturing, the government has recently announced several new initiatives. These measures come as electric car sales in India are projected to reach 1.5 lakh in the current fiscal year (FY25).
The scheme aims to promote green mobility in the country. It has a budget outlay of 500 crore and claims will be processed on a first-come-first-serve basis.
Russian President Vladimir Putin extended a warm welcome to PM Modi, calling him a 'dear friend" and saying he was "very happy" to meet the Indian leader. This was PM Modi's first visit to Russia in nearly five years as the two countries share long-standing and strong bilateral relations.
The electric vehicles (EVs) penetration in the Indian two-wheeler (2W) sector has increased over the past two months, despite incentives being nearly halved in April.
Hyundai Motor is reportedly starting the production of its upcoming Casper Electric, by July 2024. The production will take place in Gwangju, South Korea, and officials confirmed that the initial production goal is 21,400 units by the yearend.
The sale of electric vehicles is expected to exceed 10 million units this year. Several factors are driving this growth, and companies are also striving to reduce manufacturing costs.
Hyundai Motor Group, the world's third-largest automaker, is bolstering its EV battery supply chain and expanding its in-house production capabilities. These efforts aim to deliver more affordable electric vehicles with improved driving ranges.
Bharat NCAP has released its first assessment results for 2024. The test results cover two Tata Motors cars, both of which have received 5-star ratings. Here are all the details.
Tata Motors first unveiled the Sierra EV at Auto Expo 2020, and later revealed an improved model at Auto Expo 2023. The company has now made a major announcement regarding the SUV.
0EV sales in India surged significantly in the fiscal year 2023-24, reaching 17,52,406 units, marking a robust 40.31 per cent increase on a year-on-year (YoY) basis. As per the report by JMK Research Analytics, this growth was predominantly driven by the two-wheeler and three-wheeler segments.
Ankur Gupta’s discovery of supercapacitor technology has promised a significant leap for electric vehicles. With the potential to charge EVs faster than smartphones, this breakthrough could solve the major issues related to charging time and infrastructure.
Nifty EV and New Age Automotive Index by NSE Indices represents a significant advancement in tracking and promoting the EV ecosystem in India. It offers a valuable tool for investors and asset managers, aligning with the broader goals of fostering innovation and investment in the automotive sector.
BluSmart has launched a new app called 'BluSmart Charge' on Google Play Store and Apple App Store to cater to diverse EV customer needs.
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