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BMW’s EV Penetration Hits 21%, Targets 25% of Sales from EVs in 2026

autherKetan Thakkar     calendar08 Jan 2026

After nearly tripling EV penetration in just a year, BMW says India is now among its top 10 global EV markets and its fastest growing.

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MATTER and Niron Magnetics Develop Rare-Earth-Free Electric Motor for Two-Wheelers at CES 2026 News
MATTER and Niron Magnetics Develop Rare-Earth-Free Electric Motor for Two-Wheelers at CES 2026

autherShruti Shiraguppi calendar08 Jan 2026

Companies unveil prototype integrating Iron Nitride magnet technology with Variable Flux Motor design.

Simple Energy Plans IPO to Raise $350 Million by End-2026 News
Simple Energy Plans IPO to Raise $350 Million by End-2026

autherKiran Murali calendar05 Jan 2026

Despite low volumes, the company is targeting profitability at an early stage.

Yuma Energy, Motovolt Mobility to Deploy 15,000 Electric Scooters by End of 2026 News
Yuma Energy, Motovolt Mobility to Deploy 15,000 Electric Scooters by End of 2026

autherShruti Shiraguppi calendar05 Jan 2026

Partnership integrates battery-swapping technology with M7 scooters to address range anxiety and reduce ownership cost...

Lubricant Major Gulf Oil Doubles Down on Fast-Charging Bet News
Lubricant Major Gulf Oil Doubles Down on Fast-Charging Bet

autherShahkar Abidi calendar04 Jan 2026

The company deepens EV charging play, positioning Tirex as a cornerstone of its mobility ecosystem.

Olectra Greentech Commences Phase-I Operations at Hyderabad EV Manufacturing Facility News
Olectra Greentech Commences Phase-I Operations at Hyderabad EV Manufacturing Facility

autherShruti Shiraguppi calendar02 Jan 2026

Company declares commercial operations date with annual production capacity of 2,500 buses at Seetharampur plant.

Record 1.28 Million e-2Ws Sold in CY2025, TVS, Bajaj, Ather and Hero Clock Best-Ever Retails  Analysis Sales
Record 1.28 Million e-2Ws Sold in CY2025, TVS, Bajaj, Ather and Hero Clock Best-Ever Retails 

By Ajit Dalvi calendar01 Jan 2026

TVS Motor Co topped the e-2W market in CY2025 with record sales of 298,967 e-scooters, ending Ola Electric’s three-yea...

JSW MG Bets on Extended Buyback to Address EV Resale Concerns News
JSW MG Bets on Extended Buyback to Address EV Resale Concerns

autherKiran Murali calendar29 Dec 2025

Lakshmi Subbaraj, director of sales at JSW MG Motor India, believes buyback programs help create an organised resale m...

E2W Growth Moderates to 13% in CY25 as Penetration Plateaus News
E2W Growth Moderates to 13% in CY25 as Penetration Plateaus

By Kiran Murali & Ketan Thakkar calendar29 Dec 2025

Reduced tax gap and rare‑earth magnet shortages weigh on electric two‑wheeler adoption.

Ola Electric Receives ₹366.78 Crore PLI-Auto Incentive from Ministry of Heavy Industries News
Ola Electric Receives ₹366.78 Crore PLI-Auto Incentive from Ministry of Heavy Industries

autherShruti Shiraguppi calendar25 Dec 2025

Sanction order issued for FY 2024-25 demand incentive under Production Linked Incentive Scheme for Automobile and Auto...