Mercedes-Benz, the top-selling gas-powered luxury vehicle brand in India, said India's goods and services tax (GST, an equivalent to VAT) on electric vehicles is low enough for its...

India's top-selling electric two-wheeler manufacturer Hero Electric has formed a strategic partnership with the fifth-largest passenger car brand Mahindra Group to create synergies...

The Indian government's production-linked incentive (PLI) subsidies for batteries and smartphones have attracted some big names, while a report showed that Indian solar module capacity...

Tata Motors aims to produce 50,000 units of electric vehicles in FY2023 (starting from April 2022), according to sources cited by India's Economic Times.

Indian natural resources conglomerate Vedanta will invest in manufacturing 28nm to 65nm semiconductor chips because this is the range for which it sees local demand. AvanStrate, a...

India's Hero MotoCorp, the world's largest two-wheeled vehicle brand, is investing more in Ather Energy, an Indian electric two-wheeler startup with the third highest market share...

Hyundai, Ola Electric, and Reliance New Energy Solar have applied for the production-linked incentive (PLI) scheme aimed for advanced battery manufacturing, according to official...

Gogoro, a developer of battery swapping ecosystems for urban mobility, and Poema Global Holdings, a publicly traded special purpose acquisition company (SPAC), have announced its...

To promote growth, the electric vehicle (EV) industry requires partnerships more than the traditional auto industry does, because of the nature of EV technology, according to Hero...

Mercedes Benz said it will begin car assembly soon in India, while Tata Group has set up a new fintech company.

India's sales of electric two-wheelers grew from 100,736 units in 2020 to 233,917 units in 2021, accounting for only 1% of total sales of two-wheelers in India, according to SMEV...

CB Insights released its 2021 State of Venture Report on Jan 13, 2022, showing that, in total, 390 unicorns (startups with at least US$1 billion in valuation) were added last year...

India's best-selling Hero Electric is working with local battery supplier Log9 Materials to develop fast-charging batteries for commercial e-scooters.

As EVs become more prevalent in India, the demand for lithium-ion batteries could skyrocket this decade, according to Amara Raja Batteries, one of the biggest battery manufacturers...

India's Optiemus Electronics, a joint venture of Taiwan-based Wistron and Indian telecommunication company Optiemus Infracom, said it is raising production capacity of wearable devices...