Ashok Leyland is set to invest between ₹800 crore and ₹1,000 crore during FY27 to strengthen its electric mobility business, battery manufacturing capabilities and alternate-fuel vehicle technologies. The investment is broadly in line with the company’s ₹1,050 crore capital expenditure in the previous financial year, but
The Delhi Government is considering changes to its proposed road tax exemption for strong hybrid vehicles priced up to Rs 30 lakh (ex-showroom). Instead of offering the benefit for the entire EV Policy period, the government may limit it to two years after the policy
Bengaluru-based semiconductor startup HrdWyr closed a $13 million Series A funding round, led by Ideaspring Capital. The deal boosts the investor confidence in India’s chip development sector. The two-year-old startup will use the capital to step up production of AI-native system-on-chip products. The firm also has
Delhi is preparing for a major shift in its mobility landscape under the proposed EV Policy 2.0, with a clear push towards electrification across key vehicle segments. Under the draft policy, petrol-powered two-wheelers will no longer be eligible for registration in the capital starting April 1,
Researchers in the United States have unveiled a promising approach that could dramatically cut electric vehicle (EV) charging times to 10 minutes or less—without compromising battery health. Charging speed has long been a sticking point for EV adoption, alongside concerns over driving range. In response,
China will prohibit the use of hidden or flush door handles on cars sold in the country starting next year, marking a shift away from the minimalist design popularised by Tesla amid growing safety concerns. New regulations issued by the Ministry of Industry and Information Technology
The Delhi government is considering a new financial incentive to encourage owners of older petrol and diesel vehicles to convert them into electric vehicles, rather than scrapping them. The proposal is part of the capital’s forthcoming EV Policy 2.0 and is aimed at reducing vehicular
The Delhi government is set to unveil a revamped Electric Vehicle (EV) Policy 2.0, signalling a stronger push to move the capital away from petrol and diesel vehicles as it grapples with chronic air pollution. The new policy is expected to significantly expand incentives and
Mahindra & Mahindra has announced plans to set up 250 ultra-fast electric-vehicle charging stations under its Charge_IN network by the end of 2027. The company aims to install more than 1,000 charging points, each powered by 180 kW chargers to support high-speed EV charging. Also Read|
Volkswagen AG has tightened its investment strategy for India’s electric vehicle market, reducing its planned funding from nearly $1 billion to $700 million, according to industry insiders. The shift signals a recalibrated approach as the company reassesses how to strengthen its long-term commitment to the