Author

Chinese EV giant BYD is planning to invest ₹85,000 crore ($10 billion) in Hyderabad to set up a 500-acre manufacturing facility with a capacity to produce 6 lakh EVs and 20 GWh batteries by 2032.

Maharashtra government has withdrawn the 6% motor vehicle tax on luxury EVs while increasing the tax on CNG and LPG vehicles by 1%. Meanwhile, India's EV market grew by 20% in 2024,but high prices and limited charging infrastructure remain key challenges.

Vietnamese EV maker VinFast will begin operations at its Tamil Nadu plant within 3-4 months, starting with VF7 and VF6 electric SUVs for the Indian market.

The Indian government has removed import duties on raw materials used in EV battery and mobile phone manufacturing to boost domestic production and reduce costs.

Chennai-Trichy highway sees new MTC electric buses, offering free rides for women under the ‘Vidiyal Perunthu Payana Thittam’ scheme.

Exponent Energy, an Indian EV startup, has matched BYD’s 1MW fast-charging innovation, offering a scalable, cost-effective alternative.

Lohia Auto has rebranded as Zuperia Auto Private Limited (ZAPL) while launching a new brand, ‘Youdha’, to cater to the mass-market electric three-wheeler segment.

ZELIO E Mobility is expanding its dealership network to 550 by May 2025, creating 1,000 jobs and boosting EV sales by 5,000 units.

Samvardhana Motherson International Limited’s subsidiary, SMRP B.V., will invest $5–7 million in REE Automotive to maintain its stake. The Israeli EV firm is raising capital to support the commercialisation of its order book.

India's Li-ion battery industry is expected to attract over ₹75,000 crore in investments by 2030, with battery cell manufacturing capacity reaching 150 GWh.

Union Minister Nitin Gadkari announced that electric vehicles in India will be as affordable as petrol cars within six months. Advancements in battery technology and increased local production are expected to drive down costs, boosting EV adoption.

Montra Electric has partnered with Steam-A to integrate the Iris EV Charging Management Suite into its Powerdock network, enhancing charging infrastructure for electric small commercial vehicles.

Kinetic Green has appointed Sudhanshu Agrawal as President of Mobility and International Business.He will lead the company’s global expansion and drive the development of last-mile mobility solutions.

Tata Motors has appointed Bollywood actor Vicky Kaushal as the brand ambassador for its Passenger and Electric Vehicle range.

JSW MG Motor India sold 22,646 EVs in 2024, with 47.2% of sales coming from South India. Karnataka led the market, while MG Windsor became the best-selling EV in the country.