Market Updates

Govt introduces phased localisation of key EV components for e-ambulances

What Happened:The Union government has introduced a phased manufacturing programme (PMP) for electric ambulances, making…

By Piyush

India turns electric buses into a new tool of Global South diplomacy

What Happened: India is increasingly using electric bus diplomacy to strengthen strategic partnerships with neighbouring countries and nations across the Global South. Government-backed electric bus deployments are already…

By Piyush

EV Policy Announcement Soon

What Happened: The Gujarat government is expected to unveil a revised electric vehicle (EV) policy to accelerate EV adoption and…

5 Min Read

Ather Board Approves ₹2,500 Crore Fundraising Plan to Support Expansion

What Happened Ather Energy's Board of Directors has approved a proposal to raise to ₹2,500 crore through a mix of…

6 Min Read

Mercedes-Benz launches S-Class plug-in hybrid in India at ₹2.20 crore

What Happened Mercedes-Benz India has launched the facelifted S-Class with its first-ever plug-in hybrid (PHEV) variant for the Indian market,…

5 Min Read

BEAM Partners With Isthara To Bring Shared Electric Two-Wheelers Across IIT Campuses In India

BEAM has partnered with Isthara to introduce shared electric two-wheelers for first and last-mile mobility…

World’s Largest EV Maker BYD Bets on Its Dual-Mode Technology to Grow India Portfolio

What Happened: BYD has introduced its Dual Mode Intelligent (DM-i) plug-in hybrid technology for the…

By Piyush

Skoda’s EVs Plans For India – 7-Seater Peaq & Affordable Electric Car

What: Skoda Auto is evaluating a two-pronged electric vehicle strategy for India that could include…

By Piyush

Dana-Eaton $5.1-billion deal set to reshape India’s EV, CV supply chain

What: Dana Incorporated and Eaton Mobility have announced a $5.1-billion merger that will combine their…

By Piyush
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Everything that is happening in the Indian EV Market in May 2026

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Hero MotoCorp to Increase Stake in Euler Motors

The Quick Update The Core News: According to a recent regulatory exchange filing, Hero MotoCorp…

EV startup Bounce raises $5 million from Accel, B Capital, Qualcomm

EV startup Bounce raises $5 million from Accel, B Capital, Qualcomm, giving the Bengaluru-based electric…

Oor Cabs’ ₹25 Crore EV Bet Tests Tier-II Auto Economics

Early-stage climate capital moves from pilots to proof in India’s peri-urban mobility cycle Oor Cabs’…

Honda’s Strategic Stake in OMC Power Signals a New Era for India’s Electric Mobility

Honda’s Investment in OMC Power May Enable Renewable-Powered Battery Swapping Stations for India’s Electric Two-Wheelers…

BEAM Mobility on Building India’s Certified Low-Speed EV Category

While most of India's electric two-wheeler industry races toward higher speeds, longer ranges, and premium…

How India Built the World’s Largest Electric 3 Wheeler Market

How India Built the World’s Largest Three-Wheeler Market — And Why the World Is Only…

India’s EV Sector Drew ₹30,000+ Crore in FY 2025–26.

Indian EV Market Investment in FY 2025-26. India's EV Sector Drew ₹30,000+ Crore in FY…

Delhi’s EV Chargers Are Being Stripped for Parts. CPOs Are Left Holding the Bill.

On the night of March 18, unidentified suspects walked up to an EV charging facility…

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