September 11, 2026
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India’s largest carmaker Maruti Suzuki (MRTI.NS) on Monday announced plans to expand its manufacturing footprint by adding up to 1 million units of annual production capacity, following the purchase of land worth around $550 million. The move is aimed at meeting rising domestic automobile demand as the company continues to strengthen its production base in […]Continue Reading
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Ola Electric on Tuesday announced that its flagship electric motorcycle, the Roadster X+, has received government certification powered by the company’s in-house developed 4680 Bharat Cell battery pack. In an exchange filing, the company said deliveries of the Roadster X+ (9.1 kWh) will begin soon after its approval under the Central Motor Vehicle Rules (CMVR), […]Continue Reading
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The grand opening of the JVK Motors showroom at Vyttila, Kochi, was held successfully on December 16, marking the official entry of the Bahrain-based Al Namal Group into the Indian market. The initiative to launch JVK Motors in India was led by Dr. Varghese Kurian, Chairman of the Al Namal Group, one of the largest […]Continue Reading
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Eversource Capital, a climate-focused investment platform, is reportedly in advanced talks to acquire EV ride-hailing startup BluSmart, which recently suspended operations amid a financial scandal involving its sister firm, Gensol Engineering. According to a report by Inc42, Eversource has proposed a buyout offer in the range of ₹800–1,000 crore — a deal that would mark Continue Reading
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Czech carmaker Skoda Auto is gearing up to manufacture electric vehicles in India, with plans to invest independently if its search for a local partner proves unsuccessful. CEO Klaus Zellmer emphasized India’s strategic importance, highlighting its potential as a key market for expansion beyond Europe. Skoda has already signed an initial agreement with the Maharashtra […]Continue Reading
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Global sales of fully electric and plug-in hybrid vehicles rose by 25.6% year-on-year to over 17 million in 2024, bolstered by a record-breaking December and strong demand in China. December alone saw 1.9 million EVs sold, with China contributing 1.3 million vehicles, reflecting a 36.5% surge. European sales stabilized, with Britain surpassing Germany as the […]Continue Reading
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Hyundai Motor India (HMIL) has announced plans to install nearly 600 fast charging stations for electric vehicles (EVs) across key highways and major cities over the next seven years. The company aims to address customer concerns about long-distance commutes and charging infrastructure by launching 50 fast charging stations by the end of this month. These […]Continue Reading
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The Indian government has identified eight automobile manufacturers, including Hyundai, Kia, Mahindra, and Honda, for violating fleet emission norms in the financial year 2022-23. According to a report by The Indian Express, these companies could face penalties totaling approximately Rs 7,300 crore. Hyundai leads the violators with a penalty exceeding Rs 2,800 crore, Continue Reading

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