News for 'EV'

Many growth triggers for Samvardhana Motherson

Many growth triggers for Samvardhana Motherson

Rediff.com22 Nov 2025

The country's largest listed auto parts company by market capitalisation, Samvardhana Motherson International, reported a better than expected operating performance in the second quarter (July-September) of 2025-26 (Q2FY26). Though the global passenger vehicle (PV) market is facing multiple headwinds, the company is outperforming on the back of higher content per vehicle and market share gains.

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Rediff.com8 May 2025

Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.

Mahindra launches XEV 9S electric 7-seater SUV at Rs 19.95 lakh

Mahindra launches XEV 9S electric 7-seater SUV at Rs 19.95 lakh

Rediff.com27 Nov 2025

With a starting price of 19.95 Lakh, the XEV 9S is launched to disrupt the automotive segment, specifically with its entry-level variant, the 'Pack One above', which offers a level of equipment rarely seen in base models.

Why BYD's 5-minute charging of EVs won't work in India

Why BYD's 5-minute charging of EVs won't work in India

Rediff.com18 Mar 2025

BYD's new charging system is capable of up to 1000kW charging speeds which may be achievable in China, the carmaker's home market, but such high charging speed is not available in India.

Debt reduction, joint venture benefits positive for JSW Steel

Debt reduction, joint venture benefits positive for JSW Steel

Rediff.com15 Dec 2025

JSW Steel Ltd (JSTL) has announced a restructuring that unlocks value from Bhushan Power & Steel Ltd (BPSL) and changes the balance-sheet. JSTL will do a slump sale of 50 per cent stake in BPSL to Japan's JFE Steel in two equal tranches, totalling Rs 15,700 crore in cash.

'Compact SUVs to see fastest growth after GST rate cut'

'Compact SUVs to see fastest growth after GST rate cut'

Rediff.com17 Nov 2025

'Growth will definitely continue to come most from the sub-four-metre SUV segment, primarily because that is where the heart of economy and affordability is. Naturally, that will keep pushing the share of that segment (in overall PV sales) higher.'

Investing in Silver, Step By Step

Investing in Silver, Step By Step

Rediff.com30 Dec 2025

'New investors should enter gradually and stay cautious.' 'Silver is a structural multi-year story, but timing matters in a high-volatility metal.'

Maruti Sets Sights on Leading India's EV Revolution

Maruti Sets Sights on Leading India's EV Revolution

Rediff.com18 Jan 2025

Tata Motors is the leader in the electric car market with about 62 per cent share.

Govt notifies Rs 7,280-cr scheme to manufacture rare earth magnets in India

Govt notifies Rs 7,280-cr scheme to manufacture rare earth magnets in India

Rediff.com17 Dec 2025

The Centre has notified the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet (REPM) with an outlay of Rs 7,280 crore. The initiative is targeting to reduce dependence on China for critical inputs and secure supply chains for EVs, electronics, aerospace and green energy.

Ola Electric becomes first 2W EV manufacturer to bag PLI incentives

Ola Electric becomes first 2W EV manufacturer to bag PLI incentives

Rediff.com6 Mar 2025

Ola Electric, India's largest electric vehicle company, has achieved a significant milestone by becoming the first two-wheeler automotive electric vehicle (EV) manufacturer in India to receive incentives under the Production Linked Incentive (PLI) Scheme for Automotive and Auto Component (PLI-Auto Scheme). The company has been granted a total incentive of Rs 73.74 crore for the Determined Sales Value of FY 2023-24 under the scheme, according to a stock exchange filing by the company.

What EVs need for catching up with ICE-run cars

What EVs need for catching up with ICE-run cars

Rediff.com29 Jan 2025

'Currently, EVs are about 30-50 per cent more expensive than ICE vehicles. I believe the inflection point for EVs will come when this price gap narrows to 20-25 per cent. That's when people will start coming in.'

New Tata EVs will run 500 km on single charge

New Tata EVs will run 500 km on single charge

Rediff.com13 Jan 2025

As battery prices drop, early customers of Tata Motors, which was the first mover in the passenger EV market, could feel let down.

Tata Motors PVs clock over 1 lakh deliveries in festive period

Tata Motors PVs clock over 1 lakh deliveries in festive period

Rediff.com21 Oct 2025

Tata Motors Passenger Vehicles Ltd on Tuesday said it delivered over 1 lakh vehicles in 30 days from Navratri to Diwali, a growth of 33 per cent over the same period last year. The deliveries were led by SUVs with electric vehicles also showing strong traction, Tata Motors Passenger Vehicles Ltd managing director and CEO Shailesh Chandra said in a statement.

Hyundai to make India global export hub, 2nd largest market

Hyundai to make India global export hub, 2nd largest market

Rediff.com17 Oct 2025

Lining up its 2030 strategy, Hyundai said it was targeting up to 30 per cent export contribution and over 1.5-fold rise in revenue, to cross the 1 trillion milestone in five years.

Focus On 26 EV Launches, Charging Infra At Auto Expo

Focus On 26 EV Launches, Charging Infra At Auto Expo

Rediff.com4 Feb 2025

With nearly 100 launches and unveils, the Bharat Mobility Global Expo 2025, held in Delhi from January 17 to 22, made one thing clear to automobile enthusiasts: Electric vehicles (EVs) are the way ahead for the Indian auto market for years to come.

Mahindra XEV 9s Steps Out Of The Shadows

Mahindra XEV 9s Steps Out Of The Shadows

Rediff.com6 Nov 2025

Mahindra has lifted the veil on this electric marvel, teasing an authentic 7-seater Electric Origin SUV that promises to redefine its segment.

Tata Motors targets Creta with born-again Sierra

Tata Motors targets Creta with born-again Sierra

Rediff.com27 Oct 2025

The Curvv hasn't set the sales charts on fire and Tata needs another product aimed straight at the Hyundai Creta, which is where the Sierra fits in.

EV launches, Chinese models... What Auto Expo Has In Store

EV launches, Chinese models... What Auto Expo Has In Store

Rediff.com17 Jan 2025

For the first time, the event will take place across three locations in Delhi: Bharat Mandapam at Pragati Maidan, Yashobhoomi Convention Centre at Dwarka, and India Expo Mart at Greater Noida.

Ashok Leyland logs record profit

Ashok Leyland logs record profit

Rediff.com13 Nov 2025

Hinduja Group-led Ashok Leyland has posted a record consolidated net profit of ~820 crore in the second quarter of 2025-26 (FY26), up 7 per cent from ~767 crore during the same quarter last year.

Maharashtra, 1st state to ink pact with Musk's Starlink

Maharashtra, 1st state to ink pact with Musk's Starlink

Rediff.com5 Nov 2025

The Maharashtra government on Wednesday announced partnership with billionaire Elon Musk's satellite communications venture in India to deploy a host of satellite-based internet services, becoming the first Indian state to formally tie-up with the US firm. The government signed a Letter of Intent (LOI) with Starlink Satellite Communications Pvt Ltd.

Coming! Purge In EV 2 Wheeler Market

Coming! Purge In EV 2 Wheeler Market

Rediff.com13 Nov 2024

'Price competition is fierce, with many companies selling at zero margin.' 'This pricing pressure is challenging smaller companies and will likely drive some out of the market over time.'

Fresh launches and upscale offerings to fuel M&M's growth

Fresh launches and upscale offerings to fuel M&M's growth

Rediff.com13 Nov 2025

Brokerages expect the company to continue outperforming in the auto segment, driven by launches and the strong trajectory of healthy bookings.

Tata Sierra stuns with head-on collision safety display

Tata Sierra stuns with head-on collision safety display

Rediff.com25 Nov 2025

While this is a thoroughly modern SUV, the soul of the original '90s icon lingers.

Hero rides festival tide, GST winds at its back

Hero rides festival tide, GST winds at its back

Rediff.com14 Oct 2025

With gains of over 28 per cent, Hero MotoCorp has emerged as the best-performing largecap automotive stock over the past three months. The rally has been driven by an improved outlook for the rural segment, higher demand during the ongoing festival season, and rising affordability following cuts in goods and services tax (GST) rates.

With Rs 2k cr war chest, Force Motors gears up to expand global play

With Rs 2k cr war chest, Force Motors gears up to expand global play

Rediff.com16 Nov 2025

Force Motors, known for its shared mobility solutions, is gearing up to expand its presence in global markets and defence segment having consolidated its position in India by narrowing down on focus areas for profitable growth, according to managing director Prasan Firodia.

How will India's auto industry perform in 2026?

How will India's auto industry perform in 2026?

Rediff.com21 Dec 2025

After a record-breaking year, India's automobile industry is entering 2026 on a relatively strong footing, with sales growth expected in the 6-8 per cent range. The outlook is underpinned by policy support, including GST rationalisation, easing monetary conditions, and income tax relief, which together are likely to improve affordability and sustain consumer demand across vehicle segments.

Analysts' thumbs-up for Maruti's first e-SUV

Analysts' thumbs-up for Maruti's first e-SUV

Rediff.com2 Sep 2025

Maruti Suzuki's e-Vitara marks its high-stakes EV debut with strong export ambitions, lifting its stock even as analysts caution over pricing and fierce competition.

Lack of charging infra a shock for booming EV market

Lack of charging infra a shock for booming EV market

Rediff.com11 Feb 2025

Proliferation of home chargers of around 7 KWh and above, which take six to seven hours to fully charge a car depending on the model, bring running costs down by a third or so. That, coupled with the increasing range of modern electric cars, can lead to a massive increase in sales.

Tata Motors seeks govt help to ease electric vehicle raw material sourcing

Tata Motors seeks govt help to ease electric vehicle raw material sourcing

Rediff.com23 Aug 2025

Spreading risks in sourcing raw materials for electric vehicle (EV) manufacturing is "very critical" and the government can play a key role by enabling access to these from multiple locations worldwide, said Vivek Srivatsa, chief commercial officer at Tata Passenger Electric Mobility, on Friday while stressing the need for faster localisation, especially of batteries.

'The EV Market Is Hotting Up'

'The EV Market Is Hotting Up'

Rediff.com21 Sep 2024

'A lot of players such as Maruti and Hyundai are entering the market in the first and the second quarters of 2025.'

Hyundai Motor India to invest Rs 45k cr by FY30

Hyundai Motor India to invest Rs 45k cr by FY30

Rediff.com15 Oct 2025

South Korean auto major Hyundai Motor Co president & CEO Jose Munoz on Wednesday said the company's Indian arm will invest Rs 45,000 crore by FY30, aiming to make India its second-largest region globally. Addressing investors here in his first visit to the country, Munoz said Hyundai Motor India Ltd (HMIL) has set a target of up to 30 per cent export contribution.

TaMo makes upgrade to EV easier through used car marketplace

TaMo makes upgrade to EV easier through used car marketplace

Rediff.com1 Oct 2024

The company has the largest car park in EVs in India, estimated to be around 170,000 units. As a pilot, it has already started work with used online car marketplace Spinny.

Tata leaves behind an unfulfilled dream: A Nano EV

Tata leaves behind an unfulfilled dream: A Nano EV

Rediff.com11 Oct 2024

From Tetley Tea to Jaguar Land Rover and Air India, Ratan Tata has ticked off almost every item on his bucket list. However, one that remains unfinished is the electric version of his small car, the Tata Nano. A concept entrusted to Coimbatore-based Jayem Automotives (Jayem Auto) is still on the shelves, despite nearly 400 cars being launched, primarily due to Covid-19 and new crash norms.

Ola Electric achieves 1 mn production milestone; rolls out RoadsterX+

Ola Electric achieves 1 mn production milestone; rolls out RoadsterX+

Rediff.com16 Sep 2025

Ola Electric on Tuesday said it has rolled out one-millionth vehicle from its Futurefactory in Krishnagiri, Tamil Nadu.

Can Tesla Y LR Model Cope With Indian Roads?

Can Tesla Y LR Model Cope With Indian Roads?

Rediff.com11 Oct 2025

Amidst growing competition and global softening of EV demand, its India entry was due for a long time and that finally happened sometime back although yet again the approach was different.

Small Cars Get Big Relief in New Fuel Efficiency Norms

Small Cars Get Big Relief in New Fuel Efficiency Norms

Rediff.com27 Sep 2025

Maruti Suzuki, India's largest producer of small cars, stands to benefit the most.

Vijay resumes campaign, accuses DMK of Rs 4,730 cr sand loot

Vijay resumes campaign, accuses DMK of Rs 4,730 cr sand loot

Rediff.com23 Nov 2025

Actor-politician Vijay, founder of Tamilaga Vettri Kazhagam, is set to resume his political campaign on Sunday in Kanchipuram district. He will address people at an indoor facility, with arrangements made for a smooth event. Approximately 1,500 people with QR-coded passes will be allowed entry, and security measures are in place.

Auto retail sales surge to all-time high of over 52 lakh units

Auto retail sales surge to all-time high of over 52 lakh units

Rediff.com7 Nov 2025

Automobile retail sales across the domestic market witnessed a 21 per cent year-on-year increase in the 42-day festive season led by record registrations of passenger vehicles and two-wheelers aided by GST rejig enabled drop in prices across segments, dealer' body FADA said on Friday.

Why EV Sales Dropped To 14%

Why EV Sales Dropped To 14%

Rediff.com2 Jul 2024

So far this year, around 839,545 electric vehicles have been sold, accounting for approximately 6.69% of the total 12,541,684 vehicles sold.

Hindalco net profit rises 21% to Rs 4,741 crore

Hindalco net profit rises 21% to Rs 4,741 crore

Rediff.com8 Nov 2025

Aditya Birla Group's Hindalco Industries on Friday reported a 21.3 per cent year on year rise in its consolidated net profit to Rs 4,741 crore in the second quarter of 2025-26 (Q2FY26), driven by its Indian business and its US-based subsidiary, Novelis.