Ev Market News

Xiaomi unveiled a Gran Turismo-based electric hypercar concept and its SU7 and SU7 Ultra electric sedans at IFA 2026, announcing plans to enter the European EV

Hyundai is preparing to launch a new made-for-India, sub-4-metre electric SUV this fiscal year, aiming to disrupt the compact EV market with aggressive pricing,

Union Minister Nitin Gadkari announced that India's electric vehicle (EV) market is projected to reach Rs 20 lakh crore by 2030, creating five crore jobs. He al

India's electric vehicle market is projected to reach Rs 20 lakh crore by 2030, creating five crore new jobs, according to Nitin Gadkari. The government aims to

JSW MG Motor India has launched the Hector Tomahawk SUV, available in EV and plug-in hybrid options, as part of its strategy to regain its second-place position

China's booming EV market faces a significant challenge: the lack of adequate battery recycling infrastructure to handle the increasing number of end-of-life el

VinFast's early success in India is largely driven by captive orders from its promoter-owned EV taxi service, GreenSM, which accounts for over 25% of its sales

BMW is struggling with declining sales in China and is set to launch new electric cars in November to compete with rapidly developing Chinese EV rivals. The com

The electric vehicle market is experiencing a recovery, with sales rebounding in the second quarter of 2026, driven by soaring gas prices following the US war o

BMW has captured 69% of India's luxury electric vehicle market, with EVs accounting for 26% of all new vehicle sales for BMW Group India in the first half of th