Electric two-wheelers accounted for 9.9% of all two-wheelers sold in India during April-August FY27, up from 6.6% in FY26, the government said at the PM E-Drive Dialogue at ICAT in Manesar. The…
India has sanctioned 27,555 electric buses, nearly three-fourths of a 38,000 target, but only about 2,500 are operational, according to a report by EV fleet-management firm YoMobility. The PM e-Bus Sewa scheme…
Hyundai Motor India senior executive Tarun Garg has said India will become Hyundai Motor Company's second-largest market globally ahead of FY30, surpassing Europe. India currently contributes about 18.5-19% of Hyundai's global sales,…
The Reserve Bank of India's Monetary Policy Committee held the repo rate at 5.25% for the fourth straight review and retained its neutral stance, Livemint reports. The RBI raised its FY27 GDP…
Government subsidies for electric buses have dropped from ₹35-55 lakh per bus under FAME-II to ₹20-30 lakh under PM E-DRIVE, ICRA said. This raises the upfront funding operators must arrange, even as…
The Ministry of Heavy Industries extended the PM E-DRIVE scheme for electric two-wheelers until March 31, 2028, with an incentive cap of Rs 5,000 per vehicle. The total scheme outlay rose to…
Bangalore Electricity Supply Company Ltd (Bescom) has rolled out the PM E-DRIVE portal for private Charge Point Operators (CPOs) to set up public EV charging stations under Category-C of the central scheme.…
