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Falling sales, revenue prompts Ola Electric to cut R&D funds to pay debt, again

New Delhi, March 20 -- Ola Electric Mobility Ltd is dipping into the funds it raised for innovation to pay off its debt, the latest sign of stress for the Indian electric vehicle (EV) maker as it stru... Read More


Energy crisis may accelerate EV uptake, sharpen focus on ethanol blending

New Delhi, March 19 -- The global energy crisis caused by the West Asia conflict is likely to accelerate the adoption of electric vehicles (EVs) in India and fast-track the government's push to increa... Read More


Volkswagen Group yet to finalise India EV strategy as rivals accelerate

New Delhi, March 18 -- Luxury carmaker Audi has joined Skoda and Volkswagen in signalling that their parent, the Volkswagen Group, is yet to finalise its electric vehicle (EV) strategy for India, high... Read More


BYD eyes double-digit growth in India as it pushes for local certification

New Delhi, March 18 -- Chinese electric vehicle (EV) giant BYD is eyeing double-digit sales growth in India in 2026, as it looks to get its vehicles certified locally to meet the country's regulatory ... Read More


Western auto suppliers under strain. Indian component makers are picking up the orders

NEW DELHI, March 17 -- Financial stress and capacity shortages among Western auto component suppliers are opening the door for Indian manufacturers to win new business from global automakers, even as ... Read More


Indian auto-part cos gain as western rivals struggle

NEW DELHI, March 17 -- Financial stress and capacity shortages among Western auto component suppliers are opening the door for Indian manufacturers to win new business from global automakers, even as ... Read More


Indian auto-part cos gain as western rivals struggle

NEW DELHI, March 17 -- Financial stress and capacity shortages among the West's auto component suppliers are opening the door for Indian manufacturers to win business from global automakers, even as t... Read More


Mint Explainer | Why Ola Electric is scrambling for cash

NEW DELHI, March 17 -- Ola Electric Mobility Ltd is stepping up efforts to raise cash, including a proposed Rs.2,000 crore stake sale in its battery arm, Ola Cell Technologies Private Ltd, after its b... Read More


Carmakers remain bullish on EV prospects in India amid global write off wave

New Delhi, March 16 -- As electric vehicle (EV) sales falter in the US and Europe faces rising competition from Chinese automakers, India's electric vehicle market is a rare bright spot, posting stron... Read More


Carmakers remain bullish on EV prospects in India amid global write-offs

New Delhi, March 16 -- As electric vehicle (EV) sales falter in the US and Europe faces rising competition from Chinese automakers, India's electric vehicle market is a rare bright spot, posting stron... Read More