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Finance Minister Nirmala Sitharaman Slashes Import Duty On EV Battery Materials Under Finance Bill 2025
March 26, 2025
The move is being seen as a way to support the domestic EV industry, which may be impacted by potential reciprocal US tariffs.
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Hyundai Motor Teases INSTEROID ‘Dream Car’ Concept
March 26, 2025
Hyundai Motor Company today teased the INSTEROID, a playful take on a ‘dream car’. The design concept is based on its popular INSTER sub-compact electric vehicle (EV) and aims to strengthen the emotional connection with the Hyundai brand.
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Ola Electric Begins Deliveries For S1 Gen 3 E-Scooters
March 23, 2025
The company claims the Gen 3 platform now sports a mid-drive motor and chain drive for optimised performance and reliability and an integrated MCU (Motor Control Unit) for better range and efficiency.
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Montra Electric To Leverage Steam-A’s Powerdock In Its EV Charging Network
March 21, 2025
Steam-A will bring to the table AI-enabled predictive failure management system, which will maximise charger uptime and network availability.
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Ola Electric Disputes Drop In February Sales, Blames Vested Interests For Smear Campaign
March 21, 2025
For context, Ola Electric shared that in February 2025 it sold over 25,000 electric two-wheelers, garnering a market share of 28 percent. But on the other hand, as per Vahan data, the company’s retail sales came at just 8,652 units, a mismatch of 16,348
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Hero MotoCorp Buys 32.5% Stake In Euler Motors, Aims To Tap Into Electric Three-Wheeler & Four-Wheeler Category
March 21, 2025
The company is set to acquire the stake for INR 5.25 billion through Equity Shares and Series D Compulsory Convertible Preference Shares.
