The MD & CEO of the company Mr. Girish Wagh credited the quarter’s growth to a strong product portfolio, sharp execution, and discipline, while highlighting EV momentum. At its Q1FY27 earnings call held last evening, Mr. Wagh gave an indication of how the company managed rising costs while betting big on both electric vehicles and […]
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ChargeZone, India’s largest EV charging network with over 15,000 charging points, today announced a strategic partnership with Landmark Cars Limited, one of India’s foremost premium and luxury automotive retail chains. Under the partnership, customers purchasing electric vehicles from any Landmark dealership across India will receive exclusive charging benefits on ChargeZone’s nationwide fast-charging network, bringing charging […]
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The Ministry of Heavy Industries has extended the tenure of the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme by two years, taking its implementation period from 31 March 2026 to 31 March 2028. Originally notified on 29 September 2024 with an outlay of ₹10,900 crore for a two-year period, the scheme […]
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At Prawaas 5.0, zingbus showcased its growing role in transforming India’s intercity bus ecosystem, with a strong emphasis on electrification, premium travel experiences and technology-enabled operations. Speaking to MOTORINDIA, Mratunjay Beniwal, Co-founder and COO, zingbus, said the company is focused on making intercity travel “affordable and dignified” while expanding its footprint across more cities through […]
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Ashok Leyland, the Hinduja Group’s flagship and India’s leading commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with Drivn, a provider of financing and leasing solutions for electric commercial vehicles. The partnership will enable both companies to offer customised financial solutions to customers purchasing Ashok Leyland’s electric vehicles. The MoU was signed by […]
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Olectra Greentech Limited has reported its best-ever annual performance in FY26, delivering 1,280 electric vehicles — the highest since inception. Revenue grew 28% year on year to ₹2,312.17 crore, EBITDA rose 27% to ₹352.28 crore, and profit after tax increased 29% to ₹179.53 crore. Cumulative deliveries stood at 3,998 units as of March 31, 2026, […]
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Citroën India has launched the updated ë-C3X, introducing a Battery-as-a-Service option that separates battery cost from vehicle price, allowing customers to enter the EV ecosystem with a lower upfront investment. The move is aimed at making electric mobility more accessible and flexible for a wider base of Indian customers. Mr. Kumar Priyesh, Director Automotive Brands, […]
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With petrol prices continuing to weigh on household budgets across India, electric motorcycle maker Ultraviolette has announced a new initiative aimed at making the switch to electric mobility more accessible and rewarding for two-wheeler buyers. Under the programme, prospective buyers can unlock benefits of up to ₹30,000 towards the purchase of an Ultraviolette motorcycle, based […]
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Green Drive Mobility, a fast-growing EV mobility and logistics platform, has announced a strategic partnership with FlixBus, the global travel-tech company transforming intercity transport, to launch electric intercity bus services between Vijayawada and Visakhapatnam (Vizag). The initiative marks a step forward in the electrification of long-distance bus travel in India. As part of the first […]
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JSW MG Motor India has reported a significant shift in electric vehicle (EV) adoption trends, with non-metro cities emerging as key growth drivers. The company revealed that nearly 70% of total sales of its MG Windsor EV have come from non-metro markets, highlighting growing awareness and acceptance of EVs beyond urban centres. The MG Windsor, […]
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