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LICO Materials Selected For Critical Mineral Incentive Scheme
May 07, 2026
LICO has committed an investment of INR 2.40 billion and qualifies for a 20 percent Capital Expenditure (CAPEX) subsidy. Additionally, the company will receive an Operational Expenditure (OPEX) subsidy linked to commercial sales through to FY2030–31. Se
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Lexus Showcases TZ 3-Row Electric SUV
May 07, 2026
The design features a spindle body and graphics to manage aerodynamics. According to Lexus, the model achieves aerodynamic performance levels for its SUV category as of May 2026.
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DAF Commences Production of XG And XG+ Electric Trucks
May 06, 2026
DAF's range of electric vehicles extends from the 12-tonne XB Electric for distribution to the XG and XG+ Electric for haulage. These models share technology with the XD and XF Electric trucks, which were named ‘International Truck of the Year 2026’.
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TVS iQube S 4.7 kWh Variant Launched At INR 137,142
May 06, 2026
The TVS iQube is one of the most popular e-scooters sold in India. The e-scooters are currently available in more than 1,000 cities and 3,300 dealerships across India.
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Yulu Enters Bhopal, Expands Footprint In Central India
May 05, 2026
The service is operated by Tezz Mobility, led by entrepreneurs Dharamveer Singh Bhadoriya and Siddharth Jain, and expands Yulu’s presence into Central India.
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Indofast Energy Targets 3,500 Battery Swap Stations By FY2027
May 05, 2026
The battery-swapping provider has established a network of over 1,600 stations across 23 cities and supports more than 90,000 vehicles.
