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...

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...

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

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...

The Maharashtra state government has announced a range of incentives across categories for the purchase of electric vehicles (EVs) under the Maharashtra Electric Vehicle...

India installed 3.2 GW of rooftop solar capacity in 2024, an 86% increase from 2023, according to Mercom India Research’s newly released Q4 & Annual 2024 India...

Non-banking financial services company Shriram Finance has secured a $150 million loan from the Asian Development Bank (ADB) to enhance access to finance for electric...

Green transition-focused non-banking finance company Ecofy Finance has secured a $12.5 million (~₹1.07 billion) long-term loan from Denmark government’s Investment Fund...

Hero MotoCorp has announced an investment of ₹5.25 billion (~$61.06 million) in Euler Motors to expand into the electric three-wheeler market. The investment will be...

The Government of Karnataka has introduced its Clean Mobility Policy 2025-30, targeting ₹500 billion (~$5.755 billion) investments across the clean mobility value chain...

Bengaluru-based electric tractor technology company Moonrider has raised $2.2 million (~₹182.6 million) in a seed funding round co-led by AdvantEdge Founders and Micelio...

BatX Energies (BatX), an India-based sustainable and circular Lithium-ion (Li-ion) battery recycling company, has inaugurated its critical minerals extraction project...

The British International Investment (BII), the United Kingdom’s development finance institution, has committed $33.5 million to India’s electric vehicle (EV) sector....

Urja Mobility, an electric vehicle (EV) leasing company, has raised ₹1 billion (~$11.9 million) in its Pre-Series A funding round, comprising debt and equity financing....

The Uttarakhand Electricity Regulatory Commission (UERC) has determined an additional surcharge of ₹1.12 (~$0.013) per unit for open-access consumers from October 1,...