ev market india

EV trajectory: Electric car sales may cross 7% penetration by FY28, says CareEdge report; hinges on rare earth supply, infrastructure

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Electric car sales in India are expected to rise. CareEdge Advisory projects over 7% sales by FY28. This depends on resolving rare earth element supply ...

Ola Electric sees Q1 revenue halve

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Ola Electric experienced a significant revenue drop of 49.6% year-over-year, with revenue falling to Rs 828 crore in the June quarter from Rs 1,644 crore ...

VinFast India expansion: EV maker signs 13 dealer pacts, targets 35 showrooms by 2025-end across 27 cities

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VinFast Auto India is gearing up for its Indian market entry by partnering with 13 dealer groups to establish 32 dealerships across 27 cities. Aiming ...

Tesla India debut: Elon Musk’s firm gets RTO nod for showroom; Model Y likely to go on sale from July 15 in Mumbai

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Tesla has officially entered the Indian market, securing a trade certificate from the Maharashtra transport department. This allows the EV giant to commence sales, display ...

‘Tesla not interested in manufacturing in India’: HD Kumaraswamy

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Tesla is prioritizing showrooms in India to sell its vehicles, according to Heavy Industry Minister H D Kumaraswamy. The EV giant is reportedly focused on ...

Ola Electric’s Q4 revenue halves, losses mount

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Ola Electric experienced a significant downturn in the March quarter, with revenue plummeting by 60% to Rs 649 crore and net losses widening to Rs ...