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 […]
Kinetic Engineering Ltd. (KEL), the flagship company of the Kinetic Group, has received an additional capital infusion of ₹40 crore from its promoter group, strengthening the company’s financial position as it expands into emerging mobility technologies. The investment has been made through the conversion of warrants, subject to regulatory approvals, increasing promoter shareholding in the […]
The Federation of Automobile Dealers Associations (FADA) has released the electric vehicle (EV) retail data for February 2025, highlighting key trends in India’s evolving EV market. Despite some challenges, the sector showed resilience, with Passenger EVs witnessing an 18.95% year-on-year (YoY) growth and Three-Wheelers continuing their dominance with a 56.4% market penetration. While Two-Wheelers saw […]