Tata Motors PV to raise prices from July
Tata Motors Passenger Vehicles [NSE: TMPV; BSE: 500570] will increase prices of its cars and SUVs from 1 July 2026, according to a company press release. The price increase will….
Tag: #India
BYD India to hike EV prices from July 1
BYD India will increase prices across its electric passenger vehicle portfolio from 1 July 2026, BYD said in a press release. The price revision will range between 1% and 2%,….
Simple Energy raises INR 250 crore, plans family scooter launch
Bengaluru-based electric two-wheeler maker Simple Energy has raised INR 250 crore in a mix of debt and equity funding as it prepares to expand production and launch a family electric….
VinFast India crosses 10,000-unit production mark
Vietnamese electric vehicle manufacturer VinFast [Nasdaq: VFS] has produced 10,000 vehicles in India in less than a year, HT Auto reported, citing the company’s social media announcement. The company said….
VinFast expands globally with new EV facility in Tamil Nadu
VinFast launches new EV manufacturing facility in Thoothukudi, Tamil Nadu VinFast, a Vietnam-based electric vehicle manufacturer, opened an assembly plant at the SIPCOT Industrial Park in Thoothukudi, Tamil Nadu, on….
Kia India risks exclusion from PLI scheme without FY26 investment
Kia India must invest ₹1,400 crore (US$16.38m) in FY26 to stay eligible for the ₹25,938 crore (US$303.5m) production-linked incentive (PLI) scheme for advanced automotive technologies, according to a senior government….
BYD plans US$10bn EV plant in Hyderabad
China-based electric vehicle maker BYD has planned a US$10bn investment to set up a manufacturing facility in Hyderabad, India, according to a 20 March report by The Philox. The company….
Denmark’s IFU lends US$12.5m to Ecofy for EV, solar finance in India
Ecofy Finance, a green-focused NBFC based in India, has secured a US$12.5m long-term loan from Denmark’s state-owned development finance institution, the Investment Fund for Developing Countries (IFU), according to a….
GOI introduces ALMM for solar PV cells to accelerate India’s green energy transition
New Delhi, 27 October 2024: India’s government is set to release an Approved List of Models and Manufacturers (ALMM) for solar photovoltaic (PV) cells, mirroring the existing list for solar….
JSW Group’s Electric Vehicle Initiative: Pioneering Change
MUMBAI, 12 February 2024: JSW Group, led by billionaire Sajjan Jindal, is poised to spearhead a transformative journey in India’s automotive industry. With a colossal investment of INR 40,000 crore,….