A report highlighted a significant shift towards electric vehicles (EVs), especially in the e-bus and light commercial vehicle (LCV) segments. In FY24, there was a notable increase in registrations of electric heavy passenger vehicles (e-HPVs), with large electric buses leading the surge.
With the rising appetite for luxury goods in India, which has been driven by a shifting generational mindset, it is extending to high-end cars now. Industry data shows a strong surge in demand for super-luxury vehicles from brands like Lamborghini, Ferrari, McLaren, and Aston Martin in the country.
Ola Electric has revealed plans to integrate its in-house developed battery cells into its vehicles by the first quarter of FY26. The company will also unveil its electric motorcycle lineup, catering to both mass and premium segments, during its annual flagship event on August 15.
Ola Electric Mobility saw a robust debut on the Mumbai stock market, with shares jumping 20 per cent, showcasing strong investor confidence in India's burgeoning electric vehicle (EV) sector. Now valued at USD 4.8 billion, the company is well-positioned to leverage the growing shift towards EVs.
This special pricing is available for all bookings with deliveries scheduled until October 31, 2024. The Citroen Basalt is offered with two 1.2-liter petrol engine options.
BMW Korea, Hyundai Motor, Kia, and KGM Commercial will voluntarily call back over 172,000 vehicles due to faulty components. As per the reports, the airbag module inflator was facing issues, and the wiring error of the second-row seats as also faulty.
Tata Motors has expressed confidence that the coupe SUV's pricing, powertrain options, and wide range of variants will position it to compete effectively against all contenders in the midsize SUV segment.
Tata Curvv EV boasts a striking exterior that is typical of Tata's design language. Its front is adorned with sleek LED headlights and a bold grille.
India is rapidly progressing and aims to become "Viksit Bharat" by 2047 and in line with the vision, Maruti Suzuki India has been planning on introducing electric cars in the coming months, aiming for a more sustainable mobility future.
To accelerate electric vehicle (EV) adoption and boost local manufacturing, the government has recently announced several new initiatives. These measures come as electric car sales in India are projected to reach 1.5 lakh in the current fiscal year (FY25).
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