Lumax’s Strategic Pivot Highlights Pragmatism in India’s Evolving EV Supply Chain
Lumax gave up EV PLI opportunity as it did not see when the demand would emerge and was concerned about supply chain c...
Yukta Mudgal
11 Nov 2025
Gulf Oil is working on reducing the cost of its Indra brand of electric four-wheeler chargers, aiming to halve costs to drive adoption.
Read moreLumax gave up EV PLI opportunity as it did not see when the demand would emerge and was concerned about supply chain c...
Prashanth Doreswamy acknowledged that the shift to electrification is being driven primarily by government policies ra...
Executives from AUMOVIO, Lumax Auto, Gulf Oil, and other major players outlined their strategies for reducing import d...
The PM E-DRIVE scheme, launched in October 2024 with a total outlay of Rs 10,900 crore, allocated Rs 4,391 crore speci...
Rajeev Chauhan, Head of Electric PV Business at BYD India, said the company has been strategically filling market gaps...
India currently sources 75 percent of lithium-ion batteries from China, with the country controlling 65 percent of glo...
Company plans 150 retail stores and 200 service centers across India by March 2026.
Company showcases EVX75 alongside three new product ranges up to 100 HP.
EV growth flattens after a surge; Ola Electric sees consolidation as a gateway to deeper consumer adoption.