Category: Auto

India’s electric vehicle policy, which provides import tax breaks to foreign carmakers investing in the country, will limit their use of funds spent on charging infrastructure to make such breaks and increase their vehicle production, a government document showed. India announced a policy last year to lure Tesla to build electric cars in the country…

Ola Electric Mobility, one of India’s largest scooter makers, is laying off more than 1,000 employees and contract workers as it races to cut ballooning losses, people familiar with the matter said. The layoffs at the SoftBank Group Corp-backed company span several departments, including procurement, fulfillment, customer relations and charging infrastructure, people familiar with the…

On March 2, Xiaomi announced during the 2025 World Mobile Communications Conference (MWC) in Barcelona that Xiaomi SU7 Ultra has officially begun sales. The car, which debuted in July, is the company’s latest electric vehicle prototype (EV) and is a purely performance-focused version of the SU7 EV sold in the country since last year. According…

Elon Musk’s Tesla has reportedly finalized the location of its first showroom in India. The company is said to have rented a space in Mumbai’s Bandra Kurla Complex, also known as BKC, ahead of its expected foray into the electric vehicle (EV) space in India. For years, the U.S.-based electric car maker has faced obstacles…

Indian electric two-wheeler maker Ola Electric received a letter from the federal government on Tuesday saying it missed a key milestone in the construction of its planned battery “gigafactory”. Ola was selected in 2022 under the government’s Production-Linked Incentive (PLI) scheme to set up a 20-gigawatt (GW) local battery manufacturing plant in the southern state…

U.S. electric carmaker Tesla has signed a lease agreement to open its first showroom in Mumbai, registration documents show, after abandoning similar plans last year and now moving towards selling imported cars in India. Tesla did not immediately respond to a request for comment. The company has signed a five-year lease starting from February 16,…

Bengaluru-based startup Ultraviolette on Wednesday launched its new electric vehicle (EV) in India. With the debut of the Ultraviolette Tesseract, the company has entered the e-scooter market in the country, competing with the likes of Ather Energy and Ola Electric. The electric scooter comes with a dynamic regeneration system that is said to optimize energy…

The United States wants India to remove auto import tariffs under a proposed trade deal between the two countries, sources told Reuters, but New Delhi is unwilling to immediately cut such duties to zero even as it considers further cuts. India’s high auto tariffs will form part of formal talks on a bilateral trade deal…

Ola Electric Mobility Ltd.’s rapid expansion into brick-and-mortar showrooms has run into regulatory troubles. The Bengaluru-based e-scooter maker, once a champion of digital-only sales models, recently expanded its brick-and-mortar stores to 4,000 since 2022. A Bloomberg News investigation found that more than 100 locations out of about 3,400 showrooms for which data were available had…

Bengaluru-based startup Simple Energy on Wednesday launched its latest electric scooter called Simple OneS in India. It joins existing options in the company’s EV range, which includes the Simple One and One Gen 1.5. The new electric scooter is powered by a permanent magnet synchronous motor (PMSM) with a peak power output of 8.5 kW…