electric vehicle

What an Adani-CATL Battery Alliance Could Mean for India

India’s battery energy storage market is on the cusp of explosive growth, and any high-profile meet-up at such a point suggests big moves may be afoot. Gautam Adani, the chairman of the Adani Group and one of India’s most ambitious infrastructure tycoons, has recently toured CATL headquarters, the global manufacturing plant, and reportedly held some […]

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Govt Approves Scheme For Domestic Manufacturing Of EVs

The Union government has approved a scheme to promote the domestic manufacturing of passenger cars, with a special focus on electric vehicles (EVs), the government said Friday. The Ministry of Heavy Industries (MHI) issued a notification for the “Scheme to Promote Manufacturing of Electric Passenger Cars in India” (SPMEPCI) on March 15. The initiative aims […]

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EV Push Powers E-3W Growth, E-2W Adoption Stagnates at 4%: IEEFA

India’s electric mobility journey revealed a nuanced landscape where policy effectiveness varies across vehicle segments and market maturity stages, according to an IEEFA report. Its report, “From Incentives to Adoption: A Decadal Review of India’s EV Subsidy Effectiveness” found the electric three-wheeler (E3WC) segment growth demonstrates how well-designed state policies can effectively complement central initiatives, […]

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Maharashtra Draft EV Policy Targets Rollout in Six Urban Hubs

Maharashtra has unveiled a draft Electric Vehicle (EV) policy aimed at accelerating adoption across all vehicle segments through targeted incentives, infrastructure expansion, and support for local EV manufacturing. The policy seeks to foster innovation and skill development while promoting battery recycling and reuse to support a circular economy. The draft policy outlines, an ‘Operational Guidelines […]

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Auto Component Makers Bet Rs 22000 Cr On EV Capabilities Crisil

India’s automotive component industry is expected to maintain a stable credit outlook this fiscal, supported by strong cash flows and limited debt, despite a continued capex of around Rs 22,000 crore to scale up electric vehicle (EV) capabilities, according to a Crisil Ratings analysis. The sector is projected to record 7–9% revenue growth, mirroring last […]

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Global EV Market On Track To Top 40% By 2030: IEA

The global market for electric vehicles is on course to exceed 40 percent of all car sales by 2030, despite economic uncertainties, the International Energy Agency (IEA) said in a report released Tuesday. EVs are becoming increasingly affordable in more markets, the IEA noted in its annual Global EV Outlook. China remained the dominant force, […]

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OPG Mobility Eyes Localizing EV Manufacturing: Anshul Gupta

You’re present across various verticals—battery recycling, battery technology, EVs, and more. What’s your core focus today? The primary focus of OPG Mobility is boosting electric mobility, especially in the two-wheeler and three-wheeler segments. We’re involved in everything from batteries and EV charging stations to powertrains and even the plastic and mechanical parts that go into […]

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Folks Motor Raises ₹100cr To Boost EV Manufacturing

Indian automotive firm Folks Motor has secured ₹100 crore in the first close of its ₹500 crore electric vehicle (EV)-focused investment fund, aimed at bolstering domestic EV manufacturing and infrastructure. The fund, dubbed Folks Funds, is structured as an Alternative Investment Fund (AIF) Category II and targets full closure by the end of 2025. It […]

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What Not to Do With India’s Zero Emission Trucking Ecosystem

By Jaideep Saraswat & Nikhil Mall India has demonstrated remarkable leadership on climate action, maintaining its momentum despite significant geopolitical headwinds. From solar energy to electric mobility, the country continues to make meaningful strides across clean energy technologies. Among large economies, India stands out as a serious contender in meeting both its near-term and long-term […]

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