Tata Motors and Mahindra Lead as India’s EV Sales Surge 79%

India’s electric passenger vehicle market recorded a remarkable 79% year-on-year growth in May 2026, reflecting the accelerating adoption of electric mobility across the country. The strong performance was led by Tata Motors and Mahindra & Mahindra, both of which significantly increased their market share amid rising consumer demand and a rapidly evolving EV landscape. Tata […]

Ola Electric Eyes Global Battery Supply Opportunity Beyond EV Scooters

Ola Electric is in discussions with several global and domestic automakers to supply lithium-ion battery cells and battery packs from its Krishnagiri gigafactory, marking a major strategic expansion beyond its core electric two-wheeler business. The move positions the company to become a key player in the broader electric vehicle and energy storage supply chain. The […]

Hyundai India’s ₹7,500 Crore Expansion Plan: Aggressive FY27 Capex to Drive SUV & EV Growth

Hyundai Motor India has announced an aggressive capital expenditure plan of ₹7,500 crore for FY27, marking its highest investment cycle in recent years. The company plans to use the investment to expand manufacturing capacity, launch new SUV models, strengthen EV offerings, and regain its position among India’s top passenger vehicle manufacturers. The automaker confirmed that […]

Clean Mobility Surge: EV, Hybrid & CNG Cars Capture ~30% of India’s Auto Market in FY26

India’s transition toward cleaner mobility is accelerating, with electric vehicles (EVs), hybrids, and CNG-powered cars accounting for nearly 30% of total passenger vehicle sales in FY2026. These segments grew at more than twice the pace of the overall auto industry, reflecting a strong shift in consumer preference toward sustainable and cost-efficient mobility solutions. Around 1.34 […]

Cosmx–Munoth JV: Lithium-Ion Cell Sourcing Partnership to Strengthen India Supply Chain

China’s Cosmx, one of the world’s largest smartphone battery pack suppliers, has entered into a joint venture with Chennai-based Munoth Industries to source lithium-ion cells locally in India. The move is part of Cosmx’s strategy to expand its footprint in India and strengthen supply to global smartphone manufacturers operating in the country. Instead of setting […]

EVs: A Powerful Engine for India’s Decarbonisation & Industrial Transformation

Electric vehicles (EVs) are emerging as a key lever to address India’s climate, energy, and mobility challenges simultaneously, while also creating a globally competitive industrial ecosystem. With rising urban pollution, increasing fuel imports, and growing mobility demand, EV adoption is becoming central to India’s long-term strategy. The biggest near-term impact lies in electrifying high-utilisation segments […]

Electric Mobility in India: Growing Consumer Confidence in EV Adoption

India’s electric mobility sector is witnessing a major shift as consumers and businesses are becoming increasingly comfortable adopting electric vehicles (EVs). What once began as a niche and experimental segment is now evolving into a mainstream mobility solution, driven by technological improvements and better infrastructure. Advancements in battery technology, longer driving ranges, and the expansion […]