Daily News Wrap-Up: EV Industry Braces For Price Surge Due To DCR Mandate
The electric vehicle (EV) industry is bracing for a short-term price surge, as the Ministry of Heavy Industries has mandated a 100% domestic content requirement for 18 EV components, including the traction battery pack, battery management system, and the heating,…
Setting The Pace For A Successful 2025: BMW Group India Delivers Strong Performance In Q1 With Record-Breaking Car Deliveries
Beginning 2025 with a strong start, BMW Group India has delivered its best-ever Q1 car deliveries with +7% growth. The company delivered 3,914 cars (BMW and MINI) and 1,373 motorcycles (BMW Motorrad) between January – March 2025. BMW sold 3,764…
Bolt.Earth Helps Enterprises Save Over 84 tonnes of CO₂ Through Nationwide Workplace EV Charging Rollout
Bengaluru (Karnataka) [India]: Bolt.Earth, India’s largest EV charging network, has completed a sweeping deployment of workplace EV charging systems across 179+ enterprise locations–powering a new era of sustainable mobility at scale. Bolt.Earth’s rapid deployment of EV charging points across India’s…
Bengaluru’s Exponent Energy Creates Ultra Fast 15-minute EV Charging Solution
Exponent Energy, a startup established in 2020 by Arun Vinayak and Sanjay Byalal Jagannath, has created an ultra-fast charging for commercial electric vehicle. Their full-stack EV charging solution includes: e^pack: Proprietary battery pack with 3,000-cycle warranty (industry-leading durability). e^pump: 1MW+…
The Ministry Of Heavy Industries (MHI) Has Successfully Achieved Sales Of More Than One Million Of EVs In This Financial Year 2024-25
This achievement marks a significant stride towards cleaner, greener, and more sustainable mobility, aligning with Hon’ble Prime Minister Shri Narendra Modi’s vision of Net Zero by 2070 and Aatmanirbhar Bharat. India’s e-mobility sector is gaining momentum, driven by government initiatives,…
How Kerala And Delhi Are Setting The Pace For EVs In India
In a significant trend highlighting India’s uneven but accelerating transition to electric mobility, Kerala and Delhi have emerged as clear leaders in different electric vehicle segments, according to the latest BNP Paribas research report on India’s EV market. Kerala is…
India’s EV Push Comes At A Hefty Cost. Expect About Rs 1 Lakh Crore In Losses By 2030
The uptake of battery-driven electric vehicles has been rising in India. EV sales have increased from 0.6% of total vehicle sales in Financial Year (FY) 2018–19 to 7% in FY 2023–24. This trend is expected to continue, as India aims…
India Backs EV Tariff Cuts For Trump Trade Deal, Defying Autos Lobby
India plans to lower import tariffs on electric cars, rejecting requests from local automakers to delay such cuts by four years, as New Delhi prioritises closing a trade deal with the United States, government and industry sources told Reuters. The…
Electric Vehicle Sales Clock 3% YoY Growth In Q1 2025
Electric vehicle (EV) sales in India reached 514,198 units in the first quarter (Q1) of 2025, an increase of over 3% year-over-year (YoY) against the 499,930 units sold in the same period of 2024. EVS account for 8% of overall…
Expansion Of EV Charging Stations
Under FAME-II scheme, an allocation of Rs.839 crore was made for setting up of Electric Vehicle Public Charging Stations (EVPCS). An allocation of Rs.2,000 crore has been made under the PM E-DRIVE scheme for setting up EVPCS all across the…
