Emobility

India’s EV Growth Continues: 3Ws Lead with 56.4% Market Share in Feb’25

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 […]

Partnership

Hyundai Motor and Kia sign MOU with Exide Energy for strategic cooperation in India’s EV market

Hyundai Motor Company (Hyundai Motor) and Kia Corporation (Kia) signed a Memorandum of Understanding (MOU) for strategic cooperation with Exide Energy Solutions Ltd. (Exide Energy), a leading Indian battery company, as part of their electric vehicle (EV) expansion plans. The signing ceremony took place at Hyundai Motor Group’s Namyang Research and Development Center in South […]