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Mahindra Last Mile Mobility Limited (MLMML) has retained its position as India’s leading electric commercial vehicle manufacturer for the fourth consecutive year in FY25.

The $400 million loan from the International Finance Corporation (IFC) will enable the company to expand financial assistance for customers choosing to buy two-wheeler, three-wheeler, and four-wheeler electric vehicles.

Tata Motors unveils its first dual-motor electric SUV, the Harrier EV, featuring 600+ km range, QWD system, and premium features at a highly competitive price point.

Magenta Mobility has extended its electric vehicle services to Lucknow, Agra, Kanpur, and Varanasi, aiming to deploy over 2,500 EVs in Uttar Pradesh by 2025. The company plans to establish a robust EV infrastructure with fast-charging hubs to support sustainable transportation in the state.

The lending to MSMEs in Uttar Pradesh is expected to rise by 52% to ₹4.46 trillion in FY26, boosting the state's credit flow.

Eicher Trucks joins hands with Magenta Mobility to supply 100 Eicher Pro X electric trucks, boosting last-mile and mid-mile logistics while supporting Magenta’s 10,000-vehicle electric fleet expansion for sustainable transport.

SUN Mobility demonstrated its modular battery-swapping technology for heavy electric vehicles and signed MoUs with Tamil Nadu bus operators to accelerate EV adoption. The innovative method offers reduced costs and more efficiency for commercial fleets.

IKEA Supply has introduced its first heavy-duty electric truck in India, in collaboration with BLR Logistiks, to enhance sustainable logistics.

Chandigarh has discontinued the subsidy for private electric cars after exhausting the allotted quota of 2,000 vehicles. Subsidies remain available for e-bikes, e-cycles, and commercial EVs under the ongoing EV policy.

Omega Seiki Mobility, in partnership with Naari Shakti Women Welfare Charitable Trust, will deploy 2,500 electric pink auto rickshaws for women drivers across India.

Terra Charge,CEO, Akihiro Ueda said, we aim to collaborate with various sectors like fleets, hospitals, and society to create comprehensive solutions for EV charging. Our 2025 strategy includes expanding our charging stations from 500-600. while also strengthening partnerships with both private and government stakeholders.

Expanding its footprint into eastern India, Yulu has partnered with Electrie to roll out its DeX GR electric vehicles in Kolkata’s bustling neighborhoods. The move leverages Yulu’s eco-friendly technology to meet the city's delivery demands while promoting a greener environment.

Tata Motors, in collaboration with DIMO, launched a new range of passenger vehicles in Sri Lanka, including ICE and EV models like the Tata Punch, Nexon, Curvv, and Tiago.ev.

Shriram Finance launches Shriram Green Finance, consolidating efforts to support sustainability across electric vehicles, renewable energy, and energy-efficient solutions. The vertical targets a ₹5,000 crore AUM in the next three to four years.

Yokohama India has started manufacturing 20-inch tires at its Bahadurgarh facility, catering to the rising demand in the SUV and premium segments.