Electric Vehicles
Latest news, explainers and analysis on Electric Vehicles. Tracking 19 stories on Arth Vani.
Connected in the graph
Latest on Electric Vehicles
Maharashtra Mandates All-Electric Bike Taxis by July 2027; Uber, Ola, Rapido Impacted
The Maharashtra government has reportedly directed major bike taxi aggregators, including Rapido, Uber, and Ola, to transition their entire fleets to all-electric vehicles by July 2027. This directive signals a significant shift towards sustainable urban mobility within the state.
EV Insurance: Higher Repair Costs Likely Due to Specialised Components
Electric vehicles (EVs) rely on expensive and complex components like high-voltage battery packs and electric motors. This specialisation means repairs can be costly, potentially increasing insurance claim values and impacting future premiums for EV owners in India.
Lucid Motors Teams Up with Bolt for Mobility; Impact on LCID Stock
Luxury EV maker Lucid Motors has announced a new partnership with global mobility platform Bolt. This collaboration, focused on 'mobility,' is expected to potentially broaden Lucid's market reach and could influence investor sentiment towards its LCID stock.
Ola Electric Invests ₹229 Crore in E-Three-Wheelers, Project Slips to 2027-28
Ola Electric Mobility Ltd has invested ₹229 crore in its electric three-wheeler project. The company now expects the project to be completed between March 2027 and March 2028, indicating a revised and extended timeline for its market entry.
India Extends EV Motor Localization Deadline to April 2027
The Indian government has deferred the deadline for local manufacturing of electric vehicle (EV) motors to April 2027. This decision provides domestic EV manufacturers with additional time to develop and source key components within the country, aligning with the 'Make in India' initiative.
Leanwatts Secures ₹18 Crore Seed Funding to Expand Portable EV Chargers in India
Indian clean tech startup Leanwatts has successfully raised ₹18 crore (approximately $2 million) in a seed funding round. The company, which specializes in manufacturing portable electric vehicle (EV) chargers, plans to utilize this capital to expand its operations across India.
BreakingBlackRock Invests ₹445 Crore in Indian EV Maker Ather Energy
Global asset manager BlackRock has purchased nearly 26 lakh shares of Indian electric vehicle (EV) manufacturer Ather Energy for ₹445 crore through an open-market transaction. This significant investment highlights growing global confidence in India's booming EV sector and provides substantial capital for Ather Energy's future growth.
Tesla Retains Majority of US EV Market Share in Q2 Amid Evolving Dynamics
Tesla maintained its dominant position in the U.S. electric vehicle (EV) market during the second quarter. While this signifies continued leadership, market observers highlight the importance of understanding broader competitive factors for a complete investment perspective.
IPOBreakingMahindra's Electric Three-Wheeler Arm Eyes 2027 IPO After Doubling Revenue
Mahindra Last Mile Mobility (MLMM), Mahindra Group's electric three-wheeler business, is preparing for a public listing in 2027. The company has more than doubled its revenue in the past two years, fueled by a ₹2,200 crore funding injection.
Dynolt Powers India's EV Charging with Software-Centric Electronics
Bengaluru-based Dynolt is revolutionizing EV charging infrastructure by focusing on software-driven power converters for two and three-wheelers. The company has already deployed over 14,000 units across India, aiming to make EV charging more efficient and accessible.
Hero MotoCorp To Unveil First Electric Motorcycle Next Year
India's largest two-wheeler manufacturer, Hero MotoCorp, is preparing to launch its maiden electric motorcycles next year. This marks a significant strategic pivot for the auto giant, signaling its deeper foray into the rapidly evolving electric vehicle (EV) segment in India. The move is expected to intensify competition and expand consumer choices in the electric two-wheeler market.
India's EV Sales Hit Record High in July, Two-Wheelers Lead Charge
India's electric vehicle (EV) retail sales surged to a record 3.27 lakh units in July 2023, driven primarily by a significant jump in two-wheeler registrations. This marks a substantial year-on-year increase, signalling growing consumer adoption of electric mobility.
IPOBreakingBattery Smart Eyes IPO Filing by October; Targets 80% Annual Growth
Battery swapping startup Battery Smart is reportedly preparing to file its Draft Red Herring Prospectus (DRHP) by September or October 2024. The company aims to sustain a high growth rate of 70-80% annually over the next five years through aggressive market expansion.
Electric Two-Wheeler Sales Dip 1.7% in July; TVS Motor Defies Trend with 10% Growth
India's electric two-wheeler market saw a slight month-on-month decline in July 2024, with total registrations falling to 1.91 lakh units. While the overall segment cooled down, TVS Motor Company emerged as a top performer, recording a 10% growth in its EV sales.
Tesla Exceeds Wall Street Delivery Estimates by Nearly 74,000 Vehicles
Electric vehicle giant Tesla, under the leadership of CEO Elon Musk, significantly surpassed Wall Street's delivery expectations. The company delivered nearly 74,000 more vehicles than anticipated, signaling robust operational performance and strong demand.
Tesla Reports $1.1 Billion Q2 Cash Burn Amid AI, Robotaxi Investments
Tesla Inc. recorded a negative free cash flow of $1.1 billion in the second quarter (Q2) due to significant investments in artificial intelligence (AI), robotaxi development, and manufacturing. Despite this, the company's vehicle deliveries surpassed expectations, and its energy storage business experienced strong growth. Investors are closely watching Tesla's long-term bets on autonomy and robotics as its core automotive segment faces increasing competition.
Convert Your Old Petrol Scooter to Electric with Green Tiger Mobility
Green Tiger Mobility offers a unique solution to convert existing petrol scooters into electric vehicles using patented, ARAI-approved technology. This initiative not only helps reduce pollution but also provides a cost-effective alternative to buying a new EV, supported by convenient battery-swapping options.
JBM Auto’s EV Arm Raises ₹900 Crore From Motilal Oswal to Expand Bus Fleet
JBM Ecolife Mobility has secured ₹900 crore in funding to more than double its electric bus fleet. The investment from Motilal Oswal will help the company scale from 2,000 to 5,000 buses and compete for major government tenders.
BreakingMotilal Oswal Launches India's First Clean Economy Index Fund
Investors can now gain passive exposure to India's green energy transition through a new index fund focusing on renewables and electric vehicles. This first-of-its-kind fund offers a rules-based way to bet on companies managing waste, water, and clean energy.
Some listings may be sponsored and Arth Vani may earn a referral fee. All information is for educational purposes only — verify terms and suitability with the provider before acting. Not financial advice.