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JSW Group confirms Rs 400 billion EV project will stay in Odisha
The original plan involved setting up an EV vehicle and component manufacturing plant in Naraj, Cuttack district, and a copper smelter and lithium refinery in Paradip, Jagatsinghpur district.Read more
New energy vehicles to gain acceptance by 2030: Survey
Additionally, buyers indicated a willingness to pay up to 49% more for an EV.Read more
Min of Heavy Industries organises event celebrating FAME’s success in India
The FAME Scheme was launched to give a major boost to the development and adoption of electric vehicles in the country.Read more
JBM Auto secures $100 million for electric bus expansion
JBM ECOLIFE Mobility plans to utilise the funds to introduce 650 additional electric buses in multiple states in a phased manner.Read more
Mercedes-Benz to manufacture EQS SUV 580 in India
The EQS SUV 580, which is not yet available in India, features a 122 kWh battery and an impressive range of 809 km on a single charge, with a projected price of Rs 14 million.Read more
India braces for EV surge with new model launches
Currently, EV adoption in India is around 2%, but the government aims for a 30% penetration in the passenger car segment by 2030.Read more
Vedanta eyes global EV market with nickel production expansion
This initiative aligns with India's broader goal to reach $1 trillion in exports by 2030, up from $437 billion in the 2023/24 fiscal year.Read more
China orders automakers to avoid investing in India to safeguard EV technology
The directive comes amid strained relations between China and India, particularly following a deadly border clash in 2020.Read more
Indian EV market expected to grow at over 40% CAGR till 2027: Niveshaay
The EV sales volume in India could touch around 3-4 million units by 2025 and 10 million by 2030.Read more
JSW MG to shift focus to NEVs; to phase out conventional vehicles
JSW MG aims to introduce a new vehicle every four to six months and anticipates that over 50% of its sales will come from electric vehicles (EVs) in 2024.Read more
