VinFast Auto India, the Indian subsidiary of global electric vehicle maker VinFast, has signed a strategic service collaboration with myTVS, a leading automotive service provider in the country. As part of its commitment to enhancing customer experience, VinFast aims to establish 120 Extended Service Workshops by partnering with potential service providers to boost its aftersales […]
Tag: India EV market
Oben Electric ramps up national expansion with 15 showroom launches in one day
Oben Electric, India’s homegrown and R&D-led electric motorcycle manufacturer, is aggressively expanding its national footprint. Following the launch of 10 new showrooms in January 2025 on Republic Day, the company has now opened additional 15 new showrooms and service centers in a single day, marking its entry into four new states: Punjab, Gujarat, Madhya Pradesh, […]
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 […]
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 […]