In her budget 2025 speech, FM Nirmala Sitharaman announced a National Manufacturing Mission, saying it will boost the EV ecosystem.
Honda Motor Company plans to establish a dedicated electric motorcycle factory in India by 2028, said Daiki Mihara, the head of the Motorcycle and Power Products Electrification Business Unit, in a ...
By scaling its electric vehicle (EV) and battery ecosystem, India can strategically position itself in the high-value segments of GVCs. The EV transition is not just about decarbonisation ...
India is transforming its automotive ... potential to revolutionize the entire EV market. By offering additional value beyond the mobility needs of 2W customers, EVs can become more attractive ...
According to market data, the MG Windsor EV has emerged at the largest-selling electric vehicle in India for three straight months since October 2024, selling over 10,000 units during this period.
India's EV market is small, with electric models making up about 2.5% of the 4.3 million cars sold in 2024 as high prices and a patchy charging network hold back buyers. The government wants to ...
Tesla’s reluctance to enter India — it had registered a local unit more than four years ago — has given competitors a headstart in the country’s nascent but rapidly expanding EV market.
As 2024 drew to a close, there was a discernible sense of excitement among India's electric vehicle ... of future growth of the EV market could be the resale value anxiety, which in turn is ...