Featured Latest News

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

Featured Latest News

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

Featured Latest News

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

Featured Latest News

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

Featured Latest News

Tata Motors Targets Revenue and Sales Surge by 2031

By Uniquetimesorg June 23, 2026 0

Tata Motors Passenger Vehicles has unveiled ambitious growth targets, aiming to nearly double its revenue and vehicle sales by fiscal year 2031. The company expects revenue to surpass ₹6 trillion, up from ₹3.36 trillion in FY2026, while annual sales volumes are projected to exceed 1.2 million units, compared to 640,000 currently. The automaker is targeting […]Continue Reading

Featured Latest News

Ola Electric S1 X+ Scooter Gets ICAT Approval for Mass Market Launch

By Uniquetimesorg May 9, 2026 0

Ola Electric has received approval from the International Centre for Automotive Technology (ICAT), a government-certified testing agency under CMVR, for its mass-market electric scooter S1 X+ (5.2 kWh). The certification marks a key step toward scaling production and introducing the model to a wider consumer base in India’s EV market. The S1 X+ is equipped […]Continue Reading

Featured Latest News

Renault Plans Seven Models in India by 2030

By Uniquetimesorg April 16, 2026 0

Renault plans to expand its presence in India with a lineup of seven models by 2030, including electric and hybrid vehicles. CEO Francois Provost said the company aims to make India one of its top three global markets while targeting a 5% market share as it accelerates growth in the country. The automaker is positioning […]Continue Reading

Auto Business Featured Latest News

Skoda Auto Eyes India for EV Expansion Amid Volkswagen’s Tax Dispute

By Uniquetimesorg March 15, 2025 0

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

Business Featured Latest News

Tata Motors to invest ₹9,000 crore in first Tamil Nadu plant

By uniquetimes March 15, 2024 0

Tata Motors, a prominent automobile manufacturer, is set to invest ₹9,000 crore in constructing its inaugural plant in Tamil Nadu, as stated by the state’s industries department. This investment is anticipated to generate around 5,000 job opportunities. TRB Rajaa, Tamil Nadu’s industries minister, announced on social media that Tata Motors will establish a Continue Reading

Business Featured Latest news

JSW Group aims to manufacture 3 lakh electric cars in Odisha per year

By uniquetimes February 14, 2024 0

JSW Group’s Chairman, Sajjan Jindal, unveiled plans in Odisha to establish a significant electric vehicle (EV) manufacturing plant, capable of producing 1 lakh commercial electric vehicles and 3 lakh electric cars annually. This ambitious project encompasses the construction of a 50 GWh EV battery plant, a lithium refinery, a copper smelter, and related component Continue Reading