electric-vehicles

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India, EU Invite Proposals for €15.2 Million EV Battery Recycling Initiative

The Government of India and the European Union have launched a joint funding initiative worth €15.2 million (₹1.69 billion) to support research and innovation in...

May 7, 2026

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Meghana Prasad

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Electric Vehicles

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Other Energy
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Month in a Minute: Top Headlines from the Indian Renewable Sector in April 2026

India’s solar sector witnessed a major reshuffle in market leadership in 2025, with 35 new companies entering the top 10 rankings across key segments, reflecting the...

May 6, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: Maharashtra Banking Curbs Make Storage Key for Solar

Maharashtra’s revised renewable energy and multi-year tariff framework ties solar consumption directly to the time of generation. The order defines solar hours as 09:00...

May 4, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Policy Fragmentation Across Indian States May Delay Transport Electrification

India’s electric vehicle (EV) push is being stymied by a lack of policy coherence, at a time when the need to decarbonize public and individual transport has never been...

April 17, 2026

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B.S. Nagaraj

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Electric Vehicles

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Market & Policy
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Daily News Wrap-Up: Easing Group Captive Power Rules May Boost C&I Participation

The Ministry of Power’s relaxations, allowing group captive projects to meet the 51% consumption requirement collectively rather than based on the individual...

March 18, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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BlackSoil Invests ₹750 Million in Euler Motors to Support EV Growth

Alternative credit platform BlackSoil has invested ₹750 million (~$8.1 million) in electric vehicle manufacturer Euler Motors as part of a funding round following the...

March 17, 2026

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Meghana Prasad

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Electric Vehicles

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Finance and M&A
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Oil Shock from US-Iran War Strengthens Case for Transport Electrification, Renewables

The U.S.-Iran war, now into its second week, has triggered ripple effects on the Indian economy, raising fears of supply chain, shipping, and logistics disruptions...

March 12, 2026

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B.S. Nagaraj

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Electric Vehicles

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Market & Policy
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Pluto Mobility Raises $2 Million in Seed Funding led by Version One

Delhi-based electric mobility startup, Pluto Mobility, has raised $2 million in seed funding to develop its electric vehicle (EV) platform for last-mile delivery. The...

February 20, 2026

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Meghana Prasad

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Electric Vehicles

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Finance and M&A
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Hero MotoCorp Approves Investment of ₹2.75 Billion in Euler Motors

Hero MotoCorp has approved an additional investment of up to ₹2.75 billion (~$30.45 million) in Euler Motors. The investment is to be made in one or more tranches...

February 6, 2026

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Meghana Prasad

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Electric Vehicles

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Finance and M&A
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Finnfund Announces $27 Million to Boost Electric Mobility in India

Finnish development financier and impact investor Finnfund has announced two investments totaling $27 million in India, aimed at accelerating the deployment of electric...

January 22, 2026

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Meghana Prasad

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Electric Vehicles

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Finance and M&A
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Tamil Nadu Waives Motor Vehicle Tax for Electric Vehicles Until 2027

The Government of Tamil Nadu has extended the 100% exemption from motor vehicle tax for all electric vehicles (EVs) in the state for a further two-year period, from...

January 6, 2026

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Meghana Prasad

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Electric Vehicles

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Market & Policy
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EV Motors Firm Naxatra Labs Raises $3 Million in Pre-Series A Funding

Naxatra Labs, a manufacturer of motors and controllers for electric vehicles (EVs), has raised $3 million in a Pre-Series A funding round led by Rainmatter by Zerodha....

December 26, 2025

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Meghana Prasad

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Electric Vehicles

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Market & Policy
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EV Powertrain Company Raises ₹400 Million from Avaana Capital

Greater Noida-based electric vehicle (EV) powertrain design and manufacturing company Tsuyo has raised ₹400 million (~$4.82 million) in a Pre-Series A funding round led...

October 29, 2025

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Staff

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Electric Vehicles

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Finance and M&A
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China Complains to WTO About India’s Electric Vehicle and Battery Subsidies

China has filed a complaint with the World Trade Organization (WTO) over India’s subsidies for electric vehicles (EVs) and battery manufacturing. A spokesman of China’s...

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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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