12+ hour, 20+ min ago (301+ words) Mahindra & Mahindra plans to stick to its strategy of offering premium and differentiated vehicles, comprising internal combustion engine-powered SUVs and electric vehicles, in order to further strengthen its presence in the domestic passenger vehicle segment, according to a top company executive. The Mumbai-based auto major has no immediate plans to introduce CNG and other alternate fuel technologies in its product range as it wants to stick to its core brand identity and cater to a customer base which seeks differentiated products. "Our focus has been ICE and electric, and we are fairly growing in these areas. In our personal vehicle portfolio, the customers want to have differentiated products; they do not want to be in the mass market," Mahindra & Mahindra President - Automotive Business R Velusamy told PTI in an interaction. He noted that the company remains firmly focussed…...

1+ week, 5+ day ago (337+ words) Jeremy Ranjan Ghose, President, TCG Group and Additional Director, TCG CREST board The Chatterjee Group may consider taking up commercial production of indigenous sodium-ion batteries, focusing on manufacturing the cells, the battery's core component. Notably, scientists at the Research Institute for Sustainable Energy (RISE) under TCG-CREST, set up by the Purnendu Chatterjee-led Group, have recently developed an indigenous sodium-ion (Na-ion) high-speed charging battery. Made entirely from India-sourced materials, the sodium-ion battery charges up to 94 per cent in just five minutes and delivers an energy density of around 180 watt-hour per kg, comparable to leading lithium-iron phosphate batteries. "If all goes according to plan, the prototype could be ready for industrial-scale deployment within two'three years, depending on how quickly the domestic supply chain develops. Investment in commercial rollout could reach $10'12 billion," Jeremy Ranjan Ghose, President of TCG Group and Additional Director on…...

2+ mon, 1+ day ago (383+ words) TVS Indeon Ltd, the 100 per cent subsidiary of the Chennai-based Lucas TVS, is working with global R&D companies to manufacture the latest technology lithium ion battery cells in India. "We have picked the next-generation technology. This has been proved in the lab scale in small pilots, and supplied in smaller quantities to some of the Japanese companies," said TK Balaji, CMD, Lucas TVS. Addressing the Madras Chamber of Commerce and Industry's Chamber Day on Monday, Balaji said electric vehicles have come to stay. In 10-15 years, EV penetration will certainly be much much larger. However, today the entire supply chain is dominated by China not only in the cells but the entire ecosystem, including raw materials, he said. "So, the question came to us as to what do we do? It's easy to go to a Chinese company, have a…...

2+ mon, 1+ day ago (179+ words) The Ministry of Road Transport and Highways has proposed making acoustic vehicle alerting system (AVAS) mandatory for all electric cars, buses and trucks with effect October 1, 2027, keeping road safety in mind. The ministry in a draft notification said that all new models of electric passenger and goods vehicles manufactured after October 2026 must be equipped with AVAS, a safety feature in EVs to emit an artificial sound to alert pedestrians and other road users about their presence. "Provided also that, on and after 1st October 2026 in case of new models and 1st October 2027 in case of existing models, electrified vehicles of category M and N shall be fitted with AVAS meeting requirements with regard to audibility as specified in AIS-173, as amended from time to time," the notification said. Electrified vehicles of Category M include electric cars and buses designed for passenger transport,…...

2+ mon, 3+ week ago (453+ words) Maharashtra Transport Minister Pratap Sarnaik (right) with his new Tesla Maharashtra's transport dreams are racing ahead at bullet speed " from Nitin Gadkari showcasing hydrogen-fuel cell cars and flash-charging buses in Nagpur, to futuristic aerial pods and hyperloop promises that could shrink the Mumbai-Pune journey to just 25 minutes. But the State's latest headline stealer is Maharashtra Transport Minister Pratap Sarnaik, who has become the first Indian to buy Tesla's Model Y from the company's brand-new Mumbai showroom " gifting the "62-lakh electric SUV to his grandson for the school run, hoping it sparks inspiration for green driving. "As Minister of State for Transport I have received this honour to buy the car of this major brand and I am gifting this car to my grandson who will go to his school in the car and other students will become aware of environment-friendly…...

2+ mon, 3+ week ago (328+ words) Hyundai India has set up 119 EV fast chargers, powering 1.8 lakh sessions, cutting 1.6 mn kg CO, and targeting 600 chargers pan-India by 2025. Hyundai India installs 119 EV fast chargers, targets 600 pan-India On World EV Day, HMIL reaffirmed its commitment to accelerating EV adoption, with 542 EV sales outlets across 238 cities. Hyundai Motor India has installed 119 public EV fast charging stations across the country as of August 2025, out of its planned 60 HMIL has installed 119 public EV fast charging stations as on August 2025, out of the planned 600 stations across India, with a focus on electrifying key highways, major cities and HMIL dealerships. Over 2.3 million units of energy have been dispensed through 1,80,000+ charging sessions to both B2C and B2B customer segments, according to a release, as the World EV Day is observed today. Leveraging its existing charging infrastructure, HMIL has facilitated the reduction of more than 1.6 million kg of…...

3+ mon, 1+ week ago (218+ words) Macquarie Asset Management has closed a $405 million funding round for Vertelo, its fleet electrification platform targeting India's rapidly expanding electric vehicle market. The funding comprises $205 million from institutional investors and $200 million in concessional capital from the Green Climate Fund, which served as anchor investor. The investment represents Macquarie's largest commitment to the Asian EV sector and marks its first blended finance partnership with the GCF. Other investors include Macquarie Green Energy Transition Solutions Fund, Allianz Global Investors, and Australian Ethical. Launched in April 2024 by Macquarie's Green Investment team, Vertelo provides integrated fleet electrification services including vehicle leasing, charging infrastructure, energy management, and fleet services. The platform has established partnerships with major original equipment manufacturers including Eka Mobility, JBM, MG Motors, Switch Mobility, Tata Motors, and Eicher Volvo. India's EV market is projected to grow at a 27 per cent compound annual…...

3+ mon, 2+ week ago (155+ words) Electric vehicles are now the primary cars of 84 per cent of Indian electric vehicle users in 2025, according to an India charging report by Tata Motors, which pointed out that 65 per cent of pincodes across India have one electric vehicle registered. This is a significant increase from 2023 when electric vehicles were the primary cars of 74 per cent of Indian users. Further, the company that holds the highest market share in electric vehicles in India stated that 50 per cent of their electric vehicle owners have completed journeys of 500 km or more among key corridors in India, including Delhi-Manali, Mumbai-Goa and Hyderabad-Bengaluru. Between 2023 and 2025, the country saw a 4-times growth in public chargers, with 24,000 charging stations across highways and urban centres by mid-2025. The report highlights that 14,000 Tata electric vehicle owners rely on public charging. Published on August 14, 2025...

3+ mon, 2+ week ago (601+ words) The development of public charging infrastructure will play a vital role in faster adoption of electric vehicles as driving range anxiety has emerged as a deterrent to customers to accept an EV as a primary car in a household, according to a senior Maruti Suzuki India executive. The sales of electric passenger vehicles in the domestic market have almost doubled, but the overall base still remains small. "Total contribution of EVs is 4.5 per cent (overall PV sales), it has grown from 2.4 per cent to 4.5 per cent. Absolutely, if you see numberwise, growth is 100 per cent. But is it sustainable?" Maruti Suzuki India Senior Executive Officer (Marketing & Sales) Partho Banerjee said in an interaction. Maruti Suzuki is set to introduce its first electric model - e-VITARA this fiscal. Banerjee stated that the segment is not witnessing adequate growth as customers do…...

4+ mon, 2+ week ago (205+ words) American automaker Tesla launched its Model Y in India, starting at "59,89,000. The Model Y will be available with rear-wheel drive and long-range rear-wheel drive. The automaker opened its first Tesla Experience centre in Mumbai, which will be followed soon by another one in Delhi, Isabel, Fan, Senior Director, South Asia and South east Asia said at the launch event. Tesla makes India debut with 1st store in Mumbai; Fadnavis says wish to see it making cars here The rear wheel drive with a range of up to 500 km will be available at "59,89,000 and the long range rear-wheel drive will be available at "67,89,000. The company will have four charging stations in Mumbai equipped with 16 superchargers and 16 destination chargers spread across Bandra Kurla Complex, Lower Parel, Thane and Navi Mumbai. In Delhi, four charging stations will be available in Noida, Saket, Aerocity and…...