India is fast-tracking the development and testing of rare-earth-free electric vehicle (EV) motors as China tightens export controls on critical minerals, underscoring the urgency of building supply chain independence in…
EV Supply Chain
In a landmark decision to accelerate India’s electric vehicle (EV) ambitions, the Union Cabinet has approved a ₹1,500 crore scheme aimed at boosting the recycling of critical minerals and reinforcing…
Vietnamese automaker Kim Long Motors has signed a letter of intent with LG Energy Solution to secure a steady supply of cylindrical NMC battery cells for its upcoming electric vehicles.…
The Indian government is set to ramp up its rare earth magnet manufacturing initiative, with plans to increase the scheme’s budget to over ₹50 billion from the earlier ₹13.5 billion…
Bajaj Auto has announced its entry into India’s fast-growing e-rickshaw segment while reporting a 5% year-on-year rise in standalone net profit for the first quarter of FY26. The automaker also…
Vietnamese electric vehicle (EV) manufacturer VinFast has officially opened its first manufacturing facility in India, which represents a major advance in its global expansion. The plant, located in Thoothukudi, Tamil…
In a major boost to India’s electric mobility ecosystem, Denso Corporation, a global leader in automotive components, has announced an investment of ₹250 crore to set up a new electric…
Maharashtra is leading India’s electric mobility revolution, fueled by an ambitious policy framework, significant investments, and a flourishing ecosystem of innovators. With the state’s Electric Vehicle (EV) Policy targeting a…
Folks Motors has announced an ambitious INR 500 crore capital expenditure (CAPEX) investment over the next five years under the Production Linked Incentive (PLI) scheme. This investment is directed towards…
India’s electric mobility sector continues to witness robust growth as EV two-wheeler sales crossed the 1 million mark as of November 2024, for the first time in a calendar year,…