Folks Motor Outlines INR 5 Billion CAPEX
- March 27, 2025
The start-up claimed it is investing towards developing India’s first retrofit warehouse and industrial park – The Blue IP – to strengthen domestic EV supply chain.
Finance Minister Nirmala Sitharaman Slashes Import Duty On EV Battery Materials Under Finance Bill 2025
- March 26, 2025
The move is being seen as a way to support the domestic EV industry, which may be impacted by potential reciprocal US tariffs.
Hyundai Motor Teases INSTEROID ‘Dream Car’ Concept
- March 26, 2025
Hyundai Motor Company today teased the INSTEROID, a playful take on a ‘dream car’. The design concept is based on its popular INSTER sub-compact electric vehicle (EV) and aims to strengthen the emotional connection with the Hyundai brand.
Ola Electric Begins Deliveries For S1 Gen 3 E-Scooters
- March 23, 2025
The company claims the Gen 3 platform now sports a mid-drive motor and chain drive for optimised performance and reliability and an integrated MCU (Motor Control Unit) for better range and efficiency.
Montra Electric To Leverage Steam-A’s Powerdock In Its EV Charging Network
- March 21, 2025
Steam-A will bring to the table AI-enabled predictive failure management system, which will maximise charger uptime and network availability.
Ola Electric Disputes Drop In February Sales, Blames Vested Interests For Smear Campaign
- March 21, 2025
For context, Ola Electric shared that in February 2025 it sold over 25,000 electric two-wheelers, garnering a market share of 28 percent. But on the other hand, as per Vahan data, the company’s retail sales came at just 8,652 units, a mismatch of 16,348
