Latest News
India Electric CV Segment Doubles, E3W Market Deepens in FY26
India’s electric CV shift is picking up pace, and with better infrastructure and rising adoption, it is fast becoming one of the most competitive and rapidly evolving segments in the industry. India’s electric commercial vehicle (CV) market has entered a high-growth phase in FY26, with total retail volumes more than doubling to 19,454 units—up 120.6% […]
Yuma Energy Joins Quantum Energy to Enable Battery Swapping for Commercial EVs
Yuma Energy has partnered with Quantum Energy to introduce battery swapping compatibility for the Quantum Bziness electric scooter, marking a significant step towards improving efficiency in last-mile and commercial mobility. The collaboration aims to address one of the biggest challenges in electric mobility—vehicle downtime during charging—by integrating Yuma Energy’s battery swapping ecosystem with Quantum’s commercial-focused […]
Relux Electric clocks strong growth in FY26, targets INR 50 Cr. in current fiscal
Relux Electric reported strong growth, with revenue rising to ₹22.5 crore this year from ₹10.7 crore last year. The company has sustained a strong upward trajectory over the past three consecutive years, underscoring consistent business momentum. It has also registered three consecutive years of positive EBITDA and Profit After Tax (PAT), reflecting strong financial discipline […]
Ultraviolette Expands Europe Footprint with Elektrorider Partnership
Ultraviolette has announced a strategic partnership with Elektrorider, appointing the company as its official importer and distributor across six Central European markets—Hungary, Croatia, Slovakia, Romania, Slovenia and the Czech Republic. With this move, Ultraviolette expands its presence to 19 European countries, strengthening its global growth strategy under its ‘Make in India, for the World’ vision. […]
Indian Electric Passenger Vehicle Market Shifts Gears with 84% Growth in FY26
Behind this strong growth, each OEM is charting its own course, with distinct strategies and varying levels of success. India’s electric passenger vehicle (EV PV) market has entered a decisive growth phase in FY26, with retail volumes rising sharply to nearly 2 lakh units—an impressive 83.6% year-on-year increase. At the same time, EV penetration in […]
Tata Sierra Goes Software-Defined with Excelfore’s OTA Platform
Excelfore has partnered with Tata Motors Passenger Vehicles (TMPV) to deploy a standards-based over-the-air (OTA) update and remote diagnostics platform, debuting with the new Tata Sierra. The move marks a significant step towards bringing software-defined vehicle (SDV) capabilities into large-scale production. The Tata Sierra has been designed as a software-first vehicle, with OTA updates and […]
Porter Expands to Eight New Cities, Strengthens MSME Logistics Network
Porter has expanded its operations to eight new cities across India, marking a significant push into Tier-II and Tier-III markets. The company has launched services in Mysore, Madurai, Jabalpur, Gwalior, Meerut, Agra, Aurangabad and Thrissur, aiming to improve goods transport for MSMEs. In the first phase, Porter is offering two-wheeler logistics services, with plans to […]
Tata Motors Launches Intra EV Pickup, Expands Electric CV Portfolio
Tata Motors has strengthened its electric commercial vehicle portfolio with the launch of the all-new Intra EV Pickup, priced at ₹11.95 lakh (ex-showroom). The new offering marks the company’s entry into the electric pickup segment, building on the proven Intra platform with a dedicated electric architecture. Designed for India’s evolving cargo needs, the Intra EV […]
Volkswagen Starts Production of New Taigun
Škoda Auto Volkswagen India Private Limited (SAVWIPL) has commenced production of the new Volkswagen Taigun at its Pune plant, reinforcing the Group’s ‘Make in India, for India and the world’ strategy. The new Taigun builds on the success of its predecessor with refreshed design elements and upgraded features, while continuing to offer Volkswagen’s signature driving […]
India’s Auto Retail Story Hits Top Gear, But With Eyes on the Road Ahead
In FY2025–26, India’s automotive retail industry didn’t just grow — it picked up speed and moved ahead with confidence. It crossed important milestones and raised expectations for the future. But behind these strong numbers, there’s a bigger story — one of recovery, supportive policies, and changing customer preferences. According to FADA President Mr. C. S. […]
Tata Motors Races Ahead in FY26, Driven by SUVs and EV Surge
For Tata Motors Passenger Vehicles, FY2025–26 was not just another year — it was a year where everything seemed to fall into place, as it closed the year with its highest-ever sales of over 6.4 lakh units, growing about 15% year-on-year. This shows that the company didn’t just grow. It gained speed, hit new highs, […]
JLR Rebounds in Q4 as Production Normalises, Full-Year Volumes Remain Under Pressure
Jaguar Land Rover (JLR) reported a strong sequential recovery in the fourth quarter of FY26, as production returned to normal levels following the earlier cyber incident, even as full-year volumes remained under pressure due to multiple global challenges. For Q4 FY26, wholesale volumes stood at 95,300 units, down 14.5% year-on-year, but rising sharply by 61.1% […]
Tesla Expands India Footprint with First In-Mall Charging Hub in Navi Mumbai
Tesla has strengthened its presence in India with the launch of its first in-mall charging facility at Nexus Seawoods mall in Navi Mumbai, marking a new step in building convenient and accessible EV infrastructure in the country. The new charging site, located in the B1 parking area of the mall, features a total of eight […]
Mahindra LMM Tops Electric CV Market for Fourth Consecutive Year
Mahindra Last Mile Mobility Limited (MLMML), India’s leading electric commercial vehicle manufacturer, continued its strong market leadership in FY’26, reinforcing its position as the country’s No. 1 electric commercial vehicle manufacturer for the fourth consecutive financial year. This milestone reflects the trust of numerous drivers and fleet owners who have chosen to embark on their […]