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Govt links PLI incentives to testing, localization for electric quadricycles

NEW DELHI, Jan. 16 -- In a first, the government has notified dedicated testing and performance norms for electric quadricycles under the Rs.25,938-crore production-linked incentive (PLI) scheme for a... Read More


Maharashtra dethrones Delhi as India's top electric bus market in 2025

NEW DELHI, Jan. 14 -- Electric bus (e-bus) sales in Maharashtra jumped by over 60% in 2025, helping the state overtake New Delhi as India's largest e-bus market, as states push to expand green public ... Read More


Mint Explainer | India invited to Pax Silica: What it could mean for AI, chip supply chains

NEW DELHI, Jan. 13 -- The US' new ambassador to India, Sergio Gor, said on Monday that India will be invited next month to become a full-time member of Pax Silica-a Washington-led strategic initiative... Read More


Govt meets 20 firms on Rs.7,280-crore rare earth magnets scheme

New Delhi, Jan. 12 -- Union heavy industries minister H.D. Kumaraswamy on Monday chaired a stakeholder consultation with about 20 companies on the Rs.7,280-crore scheme to incentivize manufacturing of... Read More


PMO push may open auto PLI doors to EV startups like Ather, Euler, and River

NEW DELHI, Jan. 12 -- The Union ministry of heavy industries (MHI) is considering including electric vehicle (EV) startups in its flagship production-linked incentive (PLI) scheme for automobile and a... Read More


Of Modi government and its penchant for backronyms while naming its marquee schemes

New Delhi, Jan. 8 -- The National Democratic Alliance (NDA) government has a flair for naming its schemes and laws creatively, often using backronyms-an acronym designed to mimic a word - like Shakti,... Read More


Mint Explainer | What do India's draft battery identity number guidelines mean for EVs?

NEW DELHI, Jan. 8 -- Your electric vehicle (EV) battery could soon have its own Aadhaar number, with the road transport and highways ministry proposing a new 21-digit Battery Pack Aadhaar Number (BPAN... Read More


Waaree Energy Storage raises Rs.1,003 crore to set up 20 GWh lithium-ion battery manufacturing plant

New Delhi, Jan. 5 -- Waaree Energy Storage Services Pvt. Ltd, a subsidiary of clean-energy firm Waaree Energies Ltd, has raised Rs.1,003 crore as part of the Rs.10,000-crore capital expenditure planne... Read More


India's auto sector closes 2025 fractured as fuel-efficiency fight rolls on

New Delhi, Jan. 3 -- Dear reader, as 2025, a year of global tumult and volatility, rolls by, Mint's reporters and columnists look around the corner on what is coming in 2026-to help you know what to e... Read More


Mint explainer: What does the two-wheeler braking system mandate mean?

New Delhi, Jan. 1 -- India's two-wheeler market has just logged a record year, crossing 20 million units in sales, but the milestone comes with a fresh bout of regulatory uncertainty. Manufacturers ar... Read More