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India

E-trucks on verge of achieving commercial cost parity with diesel vehicles

Heavy-duty electric trucks in India are on the verge of achieving commercial cost parity with diesel vehicles, according to a report released on Thursday that positions battery electric trucks (BETs) as a viable option for the country’s long-haul freight sector….

Eicher Trucks & Buses signs pact to supply 2,000 buses to Cityflo over 3 years

Eicher Trucks and Buses, the commercial vehicle business of VE Commercial Vehicles (VECV), has signed a memorandum of understanding with urban mobility company Cityflo to expand premium intra-city bus operations across India through the deployment of 2,000 buses over the…

Ola Electric approves Rs 2,000 crore investment in EV and battery units

Ola Electric has approved an investment of Rs 2,000 crore in two of its wholly owned subsidiaries as the electric vehicle maker looks to strengthen its EV and battery operations. Its board approved a Rs 1,500 crore investment in Ola…

Montra Electric rolls out 1,000th EVIATOR, accelerates scale in electric cargo mobility

Highlights growing adoption of eSCVs across logistics and e-commerce sectors Chennai, 13 May, 2026 — Montra Electric, the clean mobility brand of the diversified Murugappa Group, today announced the rollout of its 1,000th EVIATOR electric small commercial vehicle (eSCV) from its manufacturing…

New Bharat e-Charge App Could Simplify EV Charging in India

The announcement was made by Union Minister HD Kumaraswamy during the National EV Charging Conference in Bengaluru. The app is expected to help EV owners find charging stations, use them, and make payments through one platform. One App for All…

Bhagyanagar India Ltd. Targets INR 5,000 Crore Revenue by FY 2029-30 Amid Expansion Plans Spearheaded by Devendra Surana

Hyderabad-based Bhagyanagar India Limited  has reported strong financial growth for FY 2025–26, with revenue increasing 46% year-on-year to INR 2,377 crore and profit after tax rising 258% to INR 50 crore. Backed by rising demand across infrastructure, renewable energy, electric vehicles, and industrial manufacturing, the company has outlined a…

Montra Electric launches 1,000th EVIATOR eSCV in Chennai

Montra Electric has launched its 1,000th EVIATOR electric small commercial vehicle (eSCV) in Ponneri, Chennai, highlighting its commitment to advancing electric cargo mobility in India. This milestone coincides with an increase in the adoption of electric vehicles within e-commerce and last-mile…

India wants a UPI for EV charging as Kumaraswamy pushes 72,300 chargers roll out

India is attempting to do for electric-vehicle charging what the Unified Payments Interface did for digital payments: create a common network where any EV owner can locate, access and pay at any public charging station regardless of the operator. That…

Southern states emerge as India’s largest EV manufacturing and charging infrastructure hub

Karnataka, Tamil Nadu and Telangana are emerging as India’s most integrated electric vehicle (EV) hubs, with manufacturing investments, charging infrastructure and consumer adoption reinforcing each other at a scale unmatched by other regions in the country, according to a report…