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