India’s EV Share Climbs to 13% of New Vehicle Sales in Q3 2026
India’s electric vehicle (EV) market recorded its strongest quarter so far in July–September 2026, with EVs accounting for about 13% of all new vehicle…
Electric Vehicles
Matter Motor Works Hits ₹1,000 Crore Funding Milestone; Ahmedabad Facility to Quintuple Output by FY-End
Matter Motor Works has secured ₹240 crore (approximately $25 million) in a fresh growth equity round as of August 2026. The Ahmedabad-based electric vehicle…
Gadkari Puts Second-Life EV Batteries on India’s Stationary Energy-Storage Agenda
A Policy Signal, Not Yet a Policy Scheme Union Minister for Road Transport and Highways Nitin Gadkari has highlighted the possibility of repurposing used…
Amara Raja Energy & Mobility Reports 24% Revenue Surge in Q1 FY 2027; Commences 10 GWh Plant Construction
Amara Raja Energy & Mobility (NSE: ARE&M) shares surged over 13% to reach ₹884.45 following the announcement of a 24% jump in first-quarter revenue…
Yulu Secures $93 Million in Series C Funding to Quadruple EV Fleet and Launch Heavy-Payload Logistics Service
Yulu, the Bengaluru-based electric mobility-as-a-service (MaaS) pioneer, has raised $93 million in a Series C funding round as it shifts from a pure-play micro-mobility…
Octillion Expands India Footprint with 3 GWh Battery Plant in Halol, Gujarat
Octillion Power Systems, the Silicon Valley-based Tier-1 supplier of electric vehicle (EV) battery systems, has commissioned its third Indian manufacturing facility in Halol, Gujarat.…
Amara Raja Doubles Down on New Energy with ₹5.5 Billion Capital Injection Amid Q1 Growth
The board of Amara Raja Energy & Mobility Limited (ARE&M) has authorized an additional ₹5.5 billion ($57.64 million) investment in two of its wholly…
Rajasthan Invites Bids for 591 Public EV Charging Stations Statewide
The Rajasthan Renewable Energy Corporation Ltd (RRECL) has invited bids for the installation of public electric vehicle (EV) charging stations across the state under…
India EV Sales Report: Q2 2026 Market Analysis and Segment Performance
National EV Sales Milestone The Indian electric vehicle (EV) sector achieved a watershed moment in Q2 2026, registering total sales of 837,453 units. This…
Ather Energy Secures ₹1,200 Crore in Preferential Funding as Part of Wider Capital Raise
In a move that effectively removes capital bottleneck risks for the next 18 months, the Board of Directors of Ather Energy Limited—currently an associate…