Ola Electric’s share price surged nearly 5–7%, touching around ₹51–52, after the company announced it had secured Production Linked Incentive (PLI) certification for its Gen 3 scooter lineup. The certification makes the firm eligible for government incentives ranging between 13% and 18% of

The Mahindra BE 6 Batman Edition, a special limited-edition electric SUV inspired by the Dark Knight trilogy, sold out in just 135 seconds after bookings opened at 11 am. Mahindra initially limited production to 300 units but later increased it to 999 due to high demand. All units were booked within minutes. Design and Features […]

Prime Minister Narendra Modi announced that India will soon export electric vehicles (EVs) to 100 countries, describing it as a landmark for the automobile industry. A formal launch event for the initiative is scheduled for August 26. Growth in Auto Exports Modi noted that in 2014 India’s annual automobile exports were around ₹50,000 crore. Today, […]

Tesla has officially launched its first electric vehicle in India, the Model Y, with prices starting at ₹59.9 lakh for the Rear-Wheel Drive (RWD) version and ₹67.9 lakh for the Long-Range RWD model. The announcement was made alongside the opening of Tesla’s first Indian showroom located at Bandra-Kurla Complex in Mumbai. High Import Duties Affect […]

Tesla will officially enter the Indian market with the opening of its first showroom, called the Tesla Experience Centre, in Mumbai’s Bandra Kurla Complex (BKC) on July 15. The move marks a major milestone in India’s electric vehicle landscape, with the company preparing to showcase its globally popular Model Y SUV. Five Model Y SUVs […]