Electric Vehicles

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Electric Vehicle Sales Clock 12.5% YoY Growth in Q3 2025

Electric vehicle (EV) sales in India reached 560,637 units in the third quarter (Q3) of 2025, an over 12.5% year-over-year (YoY) increase from 497,974 units. EVs...

October 6, 2025

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Arjun Joshi

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Electric Vehicles

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Market & Policy

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Other
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Government Notifies Guidelines for Charging Stations Under PM E-DRIVE

The Ministry of Heavy Industries (MHI) has notified operational guidelines for deploying electric vehicle (EV) public charging stations under the PM Electric Drive...

October 3, 2025

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Staff

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Electric Vehicles

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Market & Policy
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Ola Electric Subsidiary to Raise ₹8.77 Billion Via Preferential Shares

The board of directors and the shareholders of Ola Electric Technologies, a wholly owned subsidiary of Ola Electric Mobility, have approved a proposal to raise ₹8.77...

October 1, 2025

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Staff

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Electric Vehicles
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JBM ECOLIFE Secures $100 Million Investment from IFC to Deploy 1,455 e-Buses

JBM ECOLIFE Mobility, a subsidiary of electric bus manufacturer JBM Auto, has secured a $100 million long-term capital investment from International Financial...

September 12, 2025

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Arjun Joshi

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Electric Vehicles

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Finance and M&A
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Government Modifies PM E-DRIVE Incentives for Electric Three-Wheelers

The Ministry of Heavy Industries (MHI) has modified the incentives for electric three-wheelers (e-3W) under the PM Electric Drive Revolution in Innovative Vehicle...

August 13, 2025

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Staff

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Electric Vehicles

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Market & Policy
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IFC to Invest $20 Million in EV Platform Transvolt Mobility

The International Finance Corporation (IFC) has announced a $20 million equity investment in Mumbai-based electric vehicle (EV) platform Transvolt Mobility (Transvolt),...

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US Slaps 93.5% Anti-Dumping Tariff on Chinese Anode Graphite Imports

The U.S. Department of Commerce has imposed a preliminary weighted-average dumping margin of 93.5% on imports of active anode-grade graphite material from China,...

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Panasonic Opens EV Battery Manufacturing Plant in Kansas

Panasonic Energy, a Panasonic Group company, has announced the opening of its new cylindrical lithium-ion (Li-ion) battery factory for electric vehicles (EV) in De Soto,...

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MHI Announces Demand Incentives for Electric Trucks Under PM E-Drive

The Ministry of Heavy Industries (MHI) has issued a notification for the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) program, offering...

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Electric Vehicle Sales Clock 34% YoY Growth in Q2 2025

Electric vehicle (EV) sales in India reached 530,386 units in the second quarter (Q2) of 2025, an over 34% year-over-year (YoY) increase from 396,719 units. EVs...

July 1, 2025

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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Government Opens Doors to Global Electric Car Makers with Portal Launch

The Ministry of Heavy Industries (MHI) has launched the application portal for the ‘Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI),’...

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EV Charging Software Platform Kazam Raises $6.2 Million in Series B Funding

Electric vehicle (EV) charging software platform Kazam has raised $6.2 million in a Series B funding round from the International Finance Corporation (IFC) and existing...

June 23, 2025

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Tina Freese

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Electric Vehicles

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Market & Policy
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Oben Electric Secures ₹500 Million in Extended Series A Funding

Bengaluru-based electric motorcycle manufacturer Oben Electric has raised an additional ₹500 million (~$5.8 million) in May 2025 through an extended Series A funding...

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Clean Mobility Startup Vecmocon Raises $18 Million in Series A Funding

New Delhi-based sustainability and clean mobility startup Vecmocon has raised $18 million (~₹1.54 billion) in a Series A funding round from Ecosystem Integrity Fund,...

June 10, 2025

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Melvin Mathew

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Electric Vehicles

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Finance and M&A
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Heavy Industries Ministry Issues Guidelines for Electric Car Manufacturing

The Ministry of Heavy Industries (MHI) has issued guidelines for its ‘Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI).’ The program aims to...

June 2, 2025

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Tina Freese

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Electric Vehicles

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Market & Policy

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