Electric Vehicles
Yuma Energy raises $35 million from Magna to scale battery swapping network
Yuma Energy has raised $35 million from Magna International to add batteries across its existing network and enter new cities. The battery-swapping JV is targeting Ebitda break-even by FY27.
3 min read10:31 AM ISTEVs close in on legacy rivals, offer more range at lower cost
EV sales in India could get a boost from a greater range per kWh.
4 min read06:00 AM ISTCentre may offer interest subvention for e-bus, e-truck charging infrastructure
The heavy industries ministry is weighing interest subvention for charging infrastructure alongside its proposed ₹9,852 crore financing scheme for electric commercial vehicles, as high upfront costs and a shortage of high-powered chargers slow adoption.
4 min read31 Aug 2026Is Elon Musk a visionary genius or evil billionaire?
Eric Jorgenson’s book, ‘The Book of Elon’, portrays Musk as a near-mythical figure without acknowledging the darker sides of his personality and business practices
6 min read30 Aug 2026Tata Motors launches Tata.Cars brand for passenger vehicles, Tata.ev to continue for EVs
Tata Motors has unveiled Tata.Cars as the new customer-facing brand for its passenger vehicle business in India. Tata.ev will continue as the EV sub-brand, covering the company’s electric vehicle portfolio.
1 min read28 Aug 2026Spinny expands beyond used cars with Nissan, MG Motor and Tesla partnerships
Spinny partners with Nissan, MG Motor and Tesla to expand into car exchanges, new vehicles and pre-owned EVs across India.
2 min read26 Aug 2026Jindal's MG joint venture looks to recover its lost ground
JSW MG Motor India has launched the Hector Tomahawk SUV with EV and plug-in hybrid options to reclaim its second-place rank in India’s electric vehicle market. The launch comes as JSW and China's SAIC negotiate further investments while preparing to triple local manufacturing capacity.
3 min read26 Aug 2026Hyundai expansion in top gear: 26 new models to hit Indian roads by 2030; another electric SUV coming this year
Hyundai plans to launch or refresh 26 models in India by 2030 as part of a global rollout of more than 100 vehicles. The automaker will expand its SUV, EV, hybrid and EREV lineup while adding 3.2 lakh units of annual production capacity in India.
2 min read26 Aug 2026Govt seeks sales estimates from e-truck, e-bus makers for new financing scheme
This will be the first major government scheme for private sector intercity e-buses. Previous e-bus schemes covered state-run intracity buses.
2 min read26 Aug 2026Hero MotoCorp opts for an unorthodox strategy for its leadership reset
Hero MotoCorp has appointed five senior executives from non-two-wheeler backgrounds to steer its shift toward electric vehicles, premium motorcycles, and exports.
3 min read26 Aug 2026Wait for it…
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