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Ola Electric Q1 FY26 Results: Revenue Halves, Losses Widen, but Profitability Push Intensifies

Ola Electric’s Financial Snapshot: Q1 FY26 Ola Electric, India’s leading electric two-wheeler manufacturer, reported a challenging first quarter for FY26, with revenue from operations dropping nearly 50% year-on-year to ₹828 crore—down from ₹1,644 crore in Q1 FY25. The […]
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Oben Electric Surges Ahead: Sells Over 1,400 Motorcycles in Six Months, Expands Rapidly Across India

Record Sales Mark a Turning Point for Indian EV Motorcycles Oben Electric, the Bengaluru-based electric two-wheeler startup, has achieved a significant milestone by selling 1,443 motorcycles between January and July 9, 2025, according to Vahan data. […]
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Kia India Unveils Nationwide EV Ecosystem with 11,000+ Charging Points Ahead of Carens Clavis EV Launch

K-Charge Platform: Seamless Charging for a Growing EV Nation Kia India has launched a comprehensive EV ecosystem anchored by the new K-Charge platform, providing access to over 11,000 charging points across the country. Integrated into the MyKia app, K-Charge connects […]
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VinFast India Accelerates Hiring for Thoothukudi EV Plant, Eyes 3,500 Jobs and Major Investment

VinFast’s Thoothukudi Plant: A New Milestone for India’s EV Sector Vietnamese EV giant VinFast has made a significant stride in India by hiring its first 200 employees for the upcoming electric vehicle manufacturing facility in Thoothukudi, Tamil Nadu3. This recruitment marks […]
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ACMA Urges National Strategy on Critical Minerals as Rare Earth Shortages Threaten India’s Auto Component Industry

Industry Sounds Alarm Over Rare Earth Magnet Shortages India’s auto component industry, led by the Automotive Component Manufacturers Association of India (ACMA), is calling for a national strategy on critical minerals. This urgent appeal comes amid growing […]