Porsche says it will begin selling the Cayenne Coupe Electric in late summer, expanding its lineup with an all electric version of the popular coupe-style SUV. The company hasn’t detailed pricing or specifications in the provided update, but the timing signals an imminent step toward a more electrified range.
Renault has unveiled an ambitious dual-platform strategy for India, aiming to roll out seven new models by 2030. One platform will focus on affordable vehicles priced under ₹10 lakh, while the second will cover larger segments and electrification, including EVs and SUVs. The company also sees India as a software development hub to support its future products.
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Tata and Ashok Leyland are urging a shift to zero-emission trucks, but the transition faces a hard economic reality in India. Trucks contribute over one-third of transport emissions, yet small fleet owners dominate the market and are unlikely to pay high upfront prices for electric or hydrogen vehicles. Weak policy, limited incentives, and financing gaps further slow adoption.
A new study suggests India’s green transition could generate millions of jobs by 2047. The report highlights opportunities across renewable energy, waste management, electric vehicles, sustainable textiles, and eco-friendly construction—sectors expected to do the heavy lifting in new hiring as climate policies and consumer demand accelerate.
Through 2025 up to August, Ather and Hero have overtaken early laggards, while Honda—despite leadership in petrol scooters—has failed to attract buyers for its first electric model. Since 2022, the e-scooter market has seen rapid brand swings even as monthly volumes more than tripled from around 30,000 to over 100,000 units.
Jeff Bezos-backed EV startup Slate Auto has raised $650 million to accelerate production of its first affordable pickup trucks, slated for delivery later this year. The company plans major investment in its Indiana factory and is positioning the trucks as a lower-cost option for buyers squeezed by high living expenses. The latest round was led by TWG Global.
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An AAR ruling could raise the cost of EV ownership in India. It holds that charging electric batteries at public charging stations counts as a supply of service, triggering GST instead of treating it like a simple utility. The decision may affect how operators price public charging and how customers plan their monthly charging budgets.
Vietnamese EV maker VinFast is expected to break even in 2027, Vingroup said. The company is targeting 300,000 vehicle deliveries this year, largely from domestic sales. VinFast also signaled it will not pivot back to petrol cars, reinforcing its commitment to an all-electric future even as it ramps up production and volumes.
Huawei plans to invest $2.6 billion in research and development for smart driving, alongside major spending on computing power. The company says the push is designed to strengthen its position in China’s electric vehicle market as demand accelerates. Huawei’s automotive unit is now its fastest-growing business, with multiple vehicle models showcasing its technology.
Electric mobility brand Youdha plans to open over 200 retail outlets across India by year-end, aiming to strengthen its reach in the fast-growing L5 passenger electric three-wheeler segment. The expansion is designed to meet rising demand for last-mile mobility and make EV services more accessible in key markets as competition in passenger EVs intensifies.
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Hyundai Motor and TVS Motor have signed a joint development pact to commercialise electric three-wheelers in India, targeting improvements in last-mile transport. Hyundai will spearhead design and technology, while TVS contributes its electric platform and deep local market expertise. The partners plan to prioritise local manufacturing to cut costs and create jobs, with the first vehicle expected soon.
Tesla has launched the six-seater Model Y L in India on April 22, 2026, starting at ₹61.99–62 lakh ex-showroom. The premium three-row EV sits between the standard Model Y and long-range RWD, offering up to 681 km WLTP range and 201 km/h top speed. But with 100% import duty, local manufacturing and service expansion remain key hurdles.
Atul Auto has joined with Exponent Energy to build rapid-charging electric three-wheelers aimed at rolling out 15,000 vehicles over the next three years. The firms say Exponent’s charging technology can fill batteries in about 15 minutes, targeting quicker turnaround for commercial fleets. They’re also planning financing options to help buyers adopt the vehicles faster.
Electric vehicle demand is surging across Southeast Asia as shoppers rush to dealerships to sidestep runaway fuel prices. Since the Middle East war began, crude has climbed by roughly 50%, briefly pushing above $100 per barrel, tightening budgets at the pump. EVs are emerging as the cheaper, shielded alternative for cost-conscious buyers.
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BMW India says uncertainty from rising Gulf tensions is changing what high-net-worth customers prioritize, with many postponing major purchases—especially luxury cars. With fuel prices expected to climb, buyers are increasingly weighing electric vehicles for longer-term savings. The shift signals a cautious mood among affluent consumers and a potential acceleration in EV interest.
Delhi’s EV charging network has crossed 10,000 charging points, adding more than 3,000 in the past year. Power Minister Ashish Sood attributed the fast rollout to clearer policy and faster implementation. Power distribution companies such as BSES and TPDDL drove the installations as EV demand surged, pushing Delhi to lead India in electricity consumption for EV charging.
VinFast has entered a new vehicle segment in India with the launch of its seven-seater electric MPV, the VF MPV 7. The EV is rated for a 517 km range and is locally assembled in Tamil Nadu. VinFast also plans to expand its retail footprint, targeting 75 showrooms by 2026 as it scales up in the market.
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