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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

Servotech receives order to install 11 public EV charging stations for BESCOM

Additionally, Servotech will provide warranty support and handle all necessary electrical connections and power supply arrangements.Read more

India’s ACC battery sector to attract $9 billion investment in 5 years

To support this growth, the IESA has advocated for policy parity between ACC-PLI (Production Linked Incentive) bid winners and non-PLI firms regarding business visas for foreign experts involved in setting up ACC manufacturing facilities in India.Read more

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