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Ultraviolette Plans $82 Million EV Plant in Tamil Nadu

By Uniquetimesorg September 10, 2026 0

Indian electric motorcycle maker Ultraviolette Automotive plans to invest 7.79 billion rupees ($81.93 million) in a new manufacturing plant in Hosur, Tamil Nadu, as demand for electric two-wheelers grows. The facility will initially have an annual production capacity of 250,000 vehicles, with plans to expand it to 500,000 units as demand increases. It will support […]Continue Reading

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Alternative-Fuel Cars Outpace Petrol in India

By Uniquetimesorg September 7, 2026 0

Alternative-fuel passenger vehicles overtook petrol-powered cars in India for the first time in August, according to the Federation of Automobile Dealers Associations (FADA). CNG, hybrid and electric vehicles together accounted for nearly 42% of passenger-vehicle sales, compared with around 41% for petrol cars. The shift comes amid rising oil prices linked to the Middle Continue Reading

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VinFast Halts Plans to Manufacture Three EV Models in India

By Uniquetimesorg September 2, 2026 0

VinFast has temporarily suspended plans to manufacture three electric vehicles in India and asked suppliers to halt work on the projects, according to sources and a company memo reviewed by Reuters. The models affected are the VF3, VF6 and VF7, with the company reassessing development costs and investments. The move is a setback to VinFast’s […]Continue Reading

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Tata Motors Unveils New TATA.CARS Identity for Passenger Vehicles

By Uniquetimesorg August 28, 2026 0

Tata Motors has introduced TATA.CARS as the new consumer-facing identity for its passenger vehicle business, bringing hatchbacks, sedans, SUVs and electric vehicles under one unified brand. The move is built around the promise “Nothing’s Too Far”, reflecting the company’s aim to position mobility as a way to help customers pursue their ambitions and possibilities. The […]Continue Reading

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Hero MotoCorp to Raise Ather Stake to 32.8%

By Uniquetimesorg August 28, 2026 0

India’s Hero MotoCorp will increase its stake in electric scooter maker Ather Energy to 32.8% by purchasing additional shares worth up to ₹17.58 billion ($184 million). The shares will be acquired from an existing Ather stakeholder, whose identity was not disclosed. Hero MotoCorp, which is already Ather’s largest shareholder, held a 29.88% stake as of […]Continue Reading

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Coal India Eyes Chile Lithium Assets Through Wealth Minerals Deal

By Uniquetimesorg August 11, 2026 0

Coal India is considering acquiring a unit of Canada’s Wealth Minerals that holds lithium mining assets in Chile, according to sources familiar with the matter. The state-owned coal giant is also exploring a potential joint venture, as India steps up efforts to secure overseas supplies of lithium, a critical mineral used in electric vehicle batteries […]Continue Reading

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Ola Electric Narrows Q1 Loss as EV Sales Rise

By Uniquetimesorg August 8, 2026 0

India’s Ola Electric reported a narrower first-quarter loss, helped by stronger electric two-wheeler sales and lower operating expenses following its restructuring efforts. The company’s net loss for the quarter ended June 30 narrowed to ₹3.36 billion from ₹4.28 billion a year earlier. Ola said orders nearly doubled from the previous quarter to around 44,000 units, […]Continue Reading

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River Mobility Raises $120 Million to Expand EV Business

By Uniquetimesorg August 5, 2026 0

Indian electric vehicle startup River Mobility has raised $120 million in a Series C funding round to expand its manufacturing capacity and strengthen its product portfolio. Backed by Yamaha Motor, the Bengaluru-based company plans to use the investment to expand its Karnataka facility and build a new plant capable of producing up to 80,000 electric […]Continue Reading

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Mahindra to Double EV Production as Q1 Profit Grows

By Uniquetimesorg July 30, 2026 0

Mahindra & Mahindra has announced plans to double its electric vehicle (EV) production capacity over the next five years after reporting a 6.8% increase in first-quarter profit. The automaker said strong demand across its passenger vehicle and farm equipment businesses helped drive quarterly revenue up 23% to ₹419.2 billion. The company’s SUV business recorded a Continue Reading

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India Targets $51 Billion Import Substitution

By Uniquetimesorg July 16, 2026 0

India has identified $51 billion worth of critical imports that could be manufactured domestically as part of a major push to strengthen local industries and reduce dependence on foreign suppliers. According to government sources, around 100 key products across sectors such as footwear, textiles, electric vehicles, and solar panels have been shortlisted for immediate Continue Reading