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India launches NdFeB magnet pilot plant to cut rare earth imports and challenge China dominance

India launches NdFeB magnet pilot plant to cut rare earth imports and challenge China dominance

India has started its first pilot plant for Nd-Fe-B rare earth permanent magnets at ARCI, Hyderabad—aiming to reduce massive yearly imports that cost hundreds of crores. The sintered NdFeB capacity push follows an RFP for 6,000 MTPA. This matters for EVs, wind power, defence systems, and electronics, shifting India from consumer to potential supplier.

Summarised by Beize from a story on IndianWeb2 on 24 Apr 2026
Tata Motors October Sales Jump 26.6% Powered by Festive Demand and GST Boost

Tata Motors October Sales Jump 26.6% Powered by Festive Demand and GST Boost

Tata Motors logged a 26.6% rise in October sales, reaching 61,295 units across domestic and international markets. The company credits the upbeat figures to unusual festive demand, record performance from its SUVs and EVs, and recent GST-related reforms. It also said more than one lakh vehicles were delivered between Navratri and Diwali.

Summarised by Beize from a story on Republic on 24 Apr 2026

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EV momentum fades after GST 2.0 as ICE price cuts steal demand

EV momentum fades after GST 2.0 as ICE price cuts steal demand

EV penetration in India is losing steam for cars, two-wheelers, and three-wheelers after GST rates for internal combustion engine vehicles were reduced under GST 2.0. As ICE models become more price-competitive, buyers are shifting away from EVs—despite new launches like Maruti’s eVitara. The result is slower EV adoption across multiple segments.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Mercedes-Benz India sales jump 7 percent as luxury demand and EV interest surge

Mercedes-Benz India sales jump 7 percent as luxury demand and EV interest surge

Mercedes-Benz India reported a 7% rise in Q1 2026 sales to 5,131 units, pointing to sustained strength in the luxury segment. The company expects another record year in 2026-27, led by high-end demand and growing interest in electric models. Mercedes-Benz also plans value-led expansion with launches including the CLA BEV and new AMGs.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
7 seater EV race heats up in India as VinFast Mahindra BYD Kia chase family buyers

7 seater EV race heats up in India as VinFast Mahindra BYD Kia chase family buyers

India’s EV race is shifting from commuting to family comfort as more seven-seater electric models enter the market. Brands including VinFast, Mahindra and Mahindra, BYD, JSW MG, and Kia are targeting affluent city buyers who want spacious rides without sacrificing efficiency. The push signals a new battleground: value, comfort, and eco-friendly convenience for everyday journeys.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India’s EV boom accelerates but charging gaps threaten network limits and growth

India’s EV boom accelerates but charging gaps threaten network limits and growth

India’s electric vehicle interest is rising fast, but charging infrastructure is not keeping pace. As forecasts point to millions of EVs in daily use, the current network of charging stations appears insufficient for the scale of demand. The result: a growing risk that charging bottlenecks could slow adoption unless capacity expands quickly across cities and highways.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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AI frenzy ignores copper the strategic metal powering data centers EVs and renewables

AI frenzy ignores copper the strategic metal powering data centers EVs and renewables

As markets chase AI giants, copper is quietly emerging as the critical infrastructure behind the digital and green transition. Data centers, electric vehicles, and renewables all need rising copper supply, while global production remains constrained. The result: copper may be a powerful, undervalued enabler of future growth—potentially where returns are hiding.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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