India's electric two-wheeler market has seen record penetration, exceeding 11.2 per cent, driven by crude oil price fluctuations. This surge has led to an unexpected crisis for Indian OEMs, with unfulfilled customer demand reaching 20-30 per cent and average waiting periods exceeding four weeks, a situation expected to intensify during the upcoming festival season.
Electric vehicle retail sales in India reached a new monthly record of 3,27,901 units in July, marking a 66 per cent increase over the previous year, with nearly one in eight vehicles retailed now being electric.
The Delhi government has approved an ambitious electric vehicle policy that eliminates registration fees and road taxes for EVs priced up to Rs 30 lakh, offers a Rs 1 lakh incentive for purchasing new EVs while scrapping old vehicles, and mandates that only electric two-wheelers can be registered starting April 2028.
TVS Motor Company has emerged as India's largest two-wheeler manufacturer by total sales volume in June 2026, surpassing long-standing leaders Hero MotoCorp and Honda Motorcycle & Scooter India, primarily driven by its strong international business performance.
Heavy rains lashed Delhi, triggering waterlogging and traffic disruptions across several parts of the national capital.
Domestic passenger vehicle dispatches in India surged by 34.3 per cent year-on-year to 4,57,810 units in July, marking the auto industry's strongest-ever July sales, according to the Society of Indian Automobile Manufacturers (SIAM).
With passenger vehicles (PVs), two-wheelers and three-wheelers registering double-digit growth, manufacturers raise production as the industry enters the festival season.
A "petrol langar" offering free fuel coupons in Chandigarh was postponed due to heavy rains, leading to disappointment among a large crowd that had gathered. The organiser, Rakesh Trehan, known as "Raja D King," rescheduled the event and plans to distribute coupons for three days.
The Central government has approved an additional Rs 1,000 crore for electric two-wheelers (e2w) under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, extending incentives for the segment until March 2028.
Commercial vehicle loans recorded the highest early-stage delinquency among vehicle finance products, with portfolio at risk (PAR) 31-90 at 4.1 per cent in June 2026, while used car loans emerged as the fastest-growing segment, according to a CRIF High Mark report.
India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.
A government adviser has called for India to reintroduce a petrol variant with a lower ethanol blend, such as E10, alongside the current E20 fuel. This move aims to protect millions of older vehicles, particularly two-wheelers, which may experience performance issues and damage from the higher 20 per cent ethanol blend.
Total automobile retail sales in India surged by 25.89 per cent year-on-year to 25,91,138 units in July, driven by GST rationalisation, ease of retail finance, and favourable festival timing, according to the Federation of Automobile Dealers Associations (FADA). This marks the first time all vehicle categories recorded their best-ever July sales.
India's leading two-wheeler manufacturers experienced significant growth in May, propelled by strong domestic demand for premium motorcycles and scooters, channel inventory replenishment, and a recovery in export markets.
Glimpses of swollen rivers, submerged ghats and waterlogged neighbourhoods after relentless monsoon rains lashed Uttarakhand on August 18, 2026.
Bengaluru police have arrested two individuals involved in two-wheeler thefts and recovered 20 vehicles worth Rs 15 lakhs. The arrests followed a complaint filed in March, leading to the apprehension of the accused and the recovery of stolen vehicles from various locations across the city.
Ten people, including a 3-month-old baby, were injured when a hydraulic crane toppled onto houses in Mumbai's Kurla East during preparations for demolition work, affecting goods train movement and damaging vehicles.
Police in Sagar, Madhya Pradesh, investigating social media videos of men brandishing pistols, unexpectedly discovered over Rs 3 crore in unaccounted cash hidden in a locked cupboard at a taxi driver's home. The money was found during a search for weapons, which were not recovered.
Police in Thiruvananthapuram raided an unlicensed two-wheeler rental service operating in violation of norms, seizing over 100 vehicles and uncovering illegal practices.
Bajrang Setu, India's first glass-floor cable suspension bridge, a new landmark in Rishikesh, Uttarakhand. It is a modern replacement for the iconic Lakshman Jhula, which was shut down due to safety concerns.
A tragic head-on collision between a Mercedes and a Maruti WagonR in Delhi's Narela area resulted in the death of a 70-year-old woman, prompting a detailed police investigation into the fatal road accident.
Despite near gender parity in basic bank account ownership, women in India remain significantly underrepresented in the growing platform economy due to gaps in digital financial capability and access to credit, according to a joint report by the International Labour Organization and National Council of Applied Economic Research.
TVS Motor Company reported a significant 56.8 per cent year-on-year increase in net profit to 1,036 crore in Q1FY27, driven by record sales volumes, an improved product mix, and robust demand in both domestic and international markets, with management anticipating continued double-digit industry growth.
The Maharashtra Food and Drug Administration (FDA) has suspended the licences of 14 food business establishments linked to online platforms such as Blinkit, Zepto and Instamart after a state-wide inspection drive found safety and hygiene violations, officials said on Friday.
While charger deployment is yet to begin, the scheme has supported the sale of 2.65 million EVs as of July 22.
A special court in Mumbai has sentenced a 32-year-old man to six months rigorous imprisonment for making derogatory remarks against Dr B R Ambedkar and hurling casteist slurs at an advocate. The court rejected the defence's argument about lack of independent witnesses, noting the incident occurred in public view.
The Karnataka High Court has strongly criticised a judicial officer, Principal Civil Judge Gayathri of Malur, for her 'wholly unbecoming' conduct in an alleged road rage incident, where CCTV footage showed her and her husband engaging in a verbal altercation after their car was overtaken. The court also raised concerns about the alleged misuse of her official position to initiate criminal proceedings against citizens, including a 70-year-old man.
Bajaj Auto plans to increase its annual production capacity by nearly 25 per cent, from around 7 million to over 9 million vehicles, in the coming quarters. This expansion is driven by strong export demand and rapid growth in electric vehicles, which have stretched current capacity across key product segments.
The Delhi government has notified detailed guidelines for the Delhi Lakshmi Yojana, outlining strict provisions for beneficiaries found ineligible, including discontinuation of financial assistance, recovery of disbursed funds, and potential fraud charges. The scheme provides Rs 2,500 monthly to eligible women, with specific rules for fund disbursement via RD/FD accounts and CBDC wallets, along with clear eligibility and exclusion criteria.
The Indian government has defended its E20 ethanol blending programme, stating that extensive testing and field experience show no evidence of abnormal engine wear, corrosion, or reduced vehicle life, despite a potential 2-6% reduction in fuel economy.
Domestic passenger vehicle dispatches in India reached a record 12,73,811 units in the first quarter of FY27, marking a 25.9 per cent growth, driven by robust domestic demand despite geopolitical headwinds, according to SIAM.
India's two-wheeler market is on the cusp of a significant transformation, with electric scooters projected to surpass motorcycles in volume terms within the next decade, driven by urbanisation, increased female workforce participation, and the accelerating shift towards electrification, according to an Equirus Securities report.
India's electric two-wheeler (e2W) market is consolidating, with established manufacturers TVS Motor, Bajaj Auto, and Hero MotoCorp, alongside EV specialist Ather Energy, driving nearly 96% of incremental registrations in the first half of 2026, while former market leader Ola Electric experienced a significant decline in registrations.
VinFast has gone from an unknown brand to India's fifth-largest EV carmaker in just seven months, but its toughest battle is only beginning.
India Inc's first-quarter earnings season was significantly impacted by the West Asia conflict, leading to rising costs, calibrated price increases, and margin pressures across various sectors including FMCG, automotive, steel, and cement. Companies are implementing price hikes to protect profitability, with many anticipating further escalations if input costs remain elevated.
China sailed through the crisis in the Strait of Hormuz relatively unscathed even as the impact of its steps shielded other consuming nations from having to pay high crude oil prices.
India's automobile retail sales surged by 21.83 per cent year-on-year in June, reaching 25,57,234 units, marking the best June ever recorded across all segments, according to the Federation of Automobile Dealers Associations (FADA).
L&T Finance reported a robust Q1FY27 with net profit growing 29% year-on-year to 900 crore, driven by strong asset growth and strategic initiatives including accelerating cross-selling, improving productivity, and fostering a technology-first, AI-led culture, alongside significant expansion in gold loans.
Mahindra & Mahindra's Q1FY27 results missed consensus estimates due to declining gross margins, but strong demand for its SUV portfolio and strategic price hikes are expected to drive near-term gains, particularly in the auto segment, despite headwinds in farm equipment.
India's electric vehicle market achieved a significant milestone in June 2026, accounting for over 12% of total vehicle retail sales for the first time. This growth, driven by strong demand across electric two-wheelers, passenger vehicles, and commercial vehicles, saw overall EV retail sales surge by 63% year-on-year to a record 306,220 units, indicating a mainstream shift in mobility.
