Ultraviolette, the Bengaluru-based all-electric motorcycle brand, has announced plans to set up a new manufacturing facility in Karnataka with an annual capacity of 150,000 units. The company will also expand…
PLI
On October 23, 2025, India’s electric vehicle (EV) and auto parts stocks had a mixed trading day. This reflected targeted investor interest in a fluctuating market. Major industry players showed…
As India accelerates its transition to clean energy and electric mobility, advanced battery manufacturing is becoming a national priority. In a recent interview, Rashmi spoke with Vijay Chaudhry, CEO of…
India’s transport sector is undergoing a dramatic shift. New-age companies are coming forward with innovative solutions, driven by the need for electrification, green transport, smart tech, and government support. Investors…
According to the Ministry of Heavy Industries, the government anticipates that the January–March quarter of the current fiscal year 2025 would see the beginning of the incentives under the production-linked…
Former NITI Aayog CEO Amitabh Kant has emphasized the need for India to improve its electric vehicle (EV) capabilities, claiming that the nation was “selling typewriters in a digital age”…
The Secretary of the Ministry of Heavy industry, Kamran Rizvi, discussed the ongoing electrification-driven transition and the significance of industry adjusting to this shift. He highlighted the Ministry’s initiatives to…
In the global race towards a greener future, few innovations have gained as much momentum as electric vehicles (EVs). Once seen as a niche technology, EVs are now emerging as…
Under the ₹25,938 crore Production Linked Incentive (PLI) car plan for fiscal FY 25, Ola Electric’s top two brands, Ola S1 3kw and S1X 4kw, which together accounted for over…
According to Hanif Qureshi, Additional Secretary in the Ministry of Heavy Industries, the Ministry of Heavy Industries (MHI) has launched technical bids for production-linked incentives (PLI) for the production of…