Wednesday, April 15, 2026

India’s Electric Vehicle Registrations Reach 19.68 Lakh in FY 2024–25, Government Strengthens Domestic EV Manufacturing Ecosystem

By
Kavitha
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Representational image. Credit: Canva

Electric vehicle (EV) adoption in India has witnessed steady growth over the past few years, with total registered EVs reaching 19.68 lakh in the financial year 2024–25, according to data shared by the government in Parliament.

In a written reply in the Lok Sabha, Bhupathiraju Srinivasa Varma, Minister of State for Heavy Industries, presented year-on-year figures highlighting the increasing use of electric vehicles across the country. The data, sourced from the VAHAN Portal, shows significant growth in EV registrations over the past five financial years.

According to the figures, India recorded 1.74 lakh EV registrations in FY 2019–20, which dipped slightly to 1.43 lakh in FY 2020–21 before witnessing strong growth in subsequent years. Registrations increased to 4.59 lakh in FY 2021–22, followed by a sharp rise to 11.83 lakh in FY 2022–23 and 16.81 lakh in FY 2023–24, ultimately reaching 19.68 lakh in FY 2024–25.

The government has also introduced multiple policy initiatives aimed at strengthening domestic manufacturing and improving supply chain resilience in the electric mobility ecosystem. The Ministry of Heavy Industries has launched several schemes to support local production of advanced automotive technologies, battery storage systems, and critical EV components.

One of the key initiatives is the Production Linked Incentive Scheme for Automobile and Auto Component Industry, approved in September 2021 with a budgetary outlay of ₹25,938 crore. The scheme is designed to enhance India’s manufacturing capabilities in Advanced Automotive Technology (AAT) products by offering financial incentives to companies achieving at least 50 percent domestic value addition (DVA).

Another major initiative is the Production Linked Incentive Scheme for Advanced Chemistry Cell (ACC) Battery Storage, approved in May 2021 with an allocation of ₹18,100 crore. The program aims to establish a cumulative 50 GWh battery manufacturing capacity in India, strengthening the domestic battery supply chain for electric mobility.

To further accelerate EV adoption, the government launched the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E‑DRIVE) Scheme in September 2024. The scheme has a financial outlay of ₹10,900 crore and will run from April 2024 to March 2028, except for electric two-wheelers and three-wheelers, where the deadline is March 2026. It aims to incentivize the sale of electric two-wheelers, three-wheelers, ambulances, trucks, and buses, while also supporting the development of charging infrastructure and modernization of vehicle testing agencies.

The government has also introduced the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets (REPM), notified in December 2025 with a budgetary allocation of ₹7,280 crore. The initiative seeks to establish 6,000 metric tonnes per annum (MTPA) of integrated rare earth magnet manufacturing capacity in India, a key component in electric motors used in EVs.

In addition, the PM e‑Bus Sewa – Payment Security Mechanism (PSM) Scheme, launched in October 2024 with an outlay of ₹3,435.33 crore, aims to support the deployment of more than 38,000 electric buses across the country. The scheme provides payment security for operators in case of default by public transport authorities.

Another policy initiative, the Scheme for Promotion of Manufacturing of Electric Passenger Cars in India, notified in March 2024, seeks to attract large-scale investments into EV manufacturing. The scheme requires participating companies to invest at least ₹4,150 crore and achieve 25 percent domestic value addition within three years and 50 percent within five years.

These initiatives collectively aim to accelerate electric mobility adoption while strengthening India’s domestic EV manufacturing ecosystem and reducing reliance on imported components.

BYD Unveils Second-Generation Blade Battery with Ultra-Fast FLASH Charging Technology

By
Rajni G
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Chinese electric vehicle manufacturer BYD Company Limited has introduced its second-generation Blade Battery along with a new FLASH Charging Technology, aiming to overcome two of the most persistent challenges in the electric vehicle (EV) industry—slow charging speeds and reduced charging efficiency in extremely low temperatures.

The company announced that the new battery and charging system can deliver record-breaking charging performance, enabling vehicles to charge from 10% to 70% state of charge in just five minutes. The technology can also push the battery level to 97% in about nine minutes, significantly reducing waiting time at charging stations.

According to BYD, the upgraded system also performs efficiently in harsh winter conditions. Even at temperatures as low as –30°C, charging from 20% to 97% takes only three minutes longer compared to charging under normal room temperature conditions.

Speaking about the development, Wang Chuanfu highlighted that charging speed and low-temperature performance remain major concerns for EV users worldwide. He said the industry must address these issues to improve the practicality and convenience of electric mobility.

The company also revealed an ambitious infrastructure expansion plan to support the new technology. BYD intends to build around 20,000 FLASH Charging Stations across China, with a global rollout expected to begin by the end of 2026.

Despite rapid growth in the global EV market, consumers still face challenges such as range anxiety, long waiting queues at charging stations during peak travel periods, and slower charging speeds in winter conditions. BYD said its latest innovations are designed to reduce these concerns while improving overall efficiency and user convenience.

With the introduction of the second-generation Blade Battery and FLASH Charging technology, the company aims to strengthen its position as a leader in electric vehicle battery innovation and charging infrastructure development.

BMW Group Retains Title as Largest Automotive Exporter by Value in the United States

By
Rajni G
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0

The BMW Group has maintained its position as the largest automotive exporter by value in the United States in 2025, according to data released by the United States Department of Commerce. The company’s manufacturing facility in Spartanburg, South Carolina, exported nearly 200,000 BMW X models to around 120 countries, with a total export value of approximately $9 billion.

The company said that since 2014, the Spartanburg plant has exported nearly three million vehicles, generating a total export value of more than $113 billion. This performance highlights the facility’s crucial role in BMW’s global manufacturing and export operations.

Milan Nedeljković, member of the Board of Management of BMW AG responsible for production, emphasized the importance of international trade for the automotive industry. He stated that free trade and open markets play a vital role in driving economic growth and prosperity, benefiting not only production plants but also the extensive supplier networks in different regions.

Echoing this sentiment, Robert Engelhorn said the plant’s continued leadership as the largest automotive exporter by value underscores its contribution to the economic strength of both South Carolina and the United States. He added that exports from the facility support a favorable trade balance, which is essential for sustained economic growth.

Most of the vehicles produced at the Spartanburg plant are exported through the Port of Charleston, along with other ports along the East Coast. In addition, more than 14,000 BMW vehicles were exported by rail in 2025.

During the year, employees assembled 412,799 BMW X models at the plant, marking the third-highest annual production volume in its 32-year history. Since 1992, the BMW Group has invested nearly $16 billion in its operations in South Carolina.

The Spartanburg facility is the largest production plant in the global BMW manufacturing network, producing more than 1,500 vehicles daily. Around 50 percent of the vehicles manufactured at the plant are exported to global markets, helping the company maintain its status as the largest automotive exporter by value in the United States for more than a decade.

The plant also plays a significant role in regional employment, providing more than 11,000 jobs and supporting a large network of suppliers and logistics partners across the country.

Zoomcar Hosts Earn ₹116 Crore in 2025 as Repeat Renters Drive Marketplace Growth

By
Kavitha
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0

Zoomcar Holdings, Inc. has released a high-level host earnings update for calendar year 2025, revealing that hosts on its self-drive car sharing platform collectively earned approximately $12.8 million (₹116 crore) in net payouts after platform fees.

The company, listed on the OTCQB under the ticker ZCAR, also published a Host Earnings Trend Report analyzing marketplace performance across host cohorts, vehicle types, product features, trip durations, and seasonal travel patterns.

According to the report, 18,800 active earning hosts—defined as hosts completing at least one booking—generated income through the platform during 2025. Internal data showed that 56.5% of host earnings came from repeat renters, highlighting the importance of recurring demand in supporting host income across the marketplace.

“Host earnings are one of the clearest indicators of marketplace health and value creation,” said **Deepankar Tiwari, Chief Executive Officer of Zoomcar. “This CY 2025 update reflects the strength of our host ecosystem, the quality of repeat-led demand on the platform, and the income upside available to hosts who adopt the right features and operate consistently.”

Key Earnings Highlights

The company reported that hosts listing mid-sized cars for an entire month could earn roughly $300–$400 per month on average. Earnings varied based on product features and host activity levels.

Hosts using the platform’s Home Delivery feature generated significantly higher income, earning about 1.9 times more annually than non-delivery hosts, with average earnings of $1,309 (₹1.19 lakh) compared to $682 (₹62,000). In total, Home Delivery bookings accounted for around $1.84 million (₹16.7 crore) of host earnings during the year.

New hosts also contributed significantly to the ecosystem. The company noted that 37% of total host earnings in 2025 came from hosts who joined the platform during the year, indicating strong onboarding and participation from new supply.

In terms of earnings distribution, 4,575 hosts earned more than ₹1 lakh, 317 hosts crossed ₹5 lakh, and 118 hosts earned over ₹10 lakh during the year.

Marketplace Trends and Demand Patterns

The trend report highlighted that major metropolitan markets remain central to the platform’s host earnings, with **Bengaluru, Delhi NCR, Mumbai, Pune, and Chennai collectively accounting for nearly two-thirds of total host earnings in 2025.

At the same time, Zoomcar observed growing participation in emerging markets beyond the core metro regions, reflecting ongoing geographic expansion.

Vehicle category trends showed that hatchbacks, compact SUVs, and SUVs remained the leading contributors to host earnings, aligning with consumer demand for practical self-drive travel options.

The report also noted that multi-car hosts tend to generate higher returns per vehicle, earning roughly 1.5 times more per car compared to single-car hosts, suggesting stronger monetization potential for hosts who expand their vehicle supply.

Seasonality and Travel Patterns

Seasonal travel patterns continued to influence host income. According to the company’s internal data, December 2025 and January 2025 emerged as the highest-earning months, driven by holiday travel demand, long weekends, and peak tourism seasons.

Zoomcar said these recurring travel cycles continue to create monetization opportunities for hosts across its platform.

Chevrolet Unveils 2027 Bolt as America’s Most Affordable Electric Vehicle

By
Rajni G
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0

General Motors has introduced the 2027 Chevrolet Bolt, positioning it as the most affordable electric vehicle (EV) in the United States with a starting manufacturer’s suggested retail price (MSRP) of $28,995. The new model aims to build on the popularity of its predecessor while offering improved performance, enhanced technology and better charging capabilities.

According to General Motors, the latest Bolt has been designed to provide greater value without compromising on features. Jeremy Short, chief engineer for the 2027 Bolt, said the company focused on leveraging GM’s existing technologies and large vehicle portfolio to reduce costs rather than removing features from the car.

The new Bolt comes equipped with an 11-inch driver display and an 11.3-inch touchscreen, both larger than those offered in the previous generation. These displays are shared with GM’s mid-size trucks, allowing the automaker to reduce manufacturing costs through economies of scale.

In terms of performance, the vehicle uses the same motor and power electronics as the Chevrolet Equinox EV, improving efficiency and contributing to cost savings. Despite retaining the same battery capacity as the previous model, the improved efficiency has increased the vehicle’s driving range by approximately 15 miles, the company said.

The 2027 Bolt also features faster charging speeds of up to 150 kW, supported by a new Lithium Iron Phosphate (LFP) battery cell chemistry. This marks the first time GM has used LFP battery technology in North America. The chemistry is known for its durability and relatively lower production cost, helping keep the vehicle’s price competitive.

Additionally, the new model includes a North American Charging Standard (NACS) port, enabling access to a broader charging network across the region.

GM said the engineering approach focused on integrating existing components and technologies across its vehicle lineup to deliver better value while maintaining affordability. Despite several upgrades, the company emphasized that the vehicle retains the practicality and affordability that have made the Bolt popular among EV buyers.

Short noted that the Bolt continues to target a specific customer base seeking a practical and cost-effective electric vehicle suited to everyday lifestyles.

CIGRE and 450 MHz Alliance Release White Paper on Power Grid Private Wireless Networks to Advance Industry-Wide Adoption

By
Sadhana Shenvekar
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At MWC 2026, the International Council on Large Electric Systems (CIGRE) and the 450 MHz Alliance jointly hosted the 2026 CIGRE SC D2 International Roundtable on Power Communications. The event brought together more than 100 industry leaders and experts from global standards bodies, industry alliances, grid operators, leading consultancies, equipment suppliers, and system integrators to explore the latest developments in power communications.

Release of the White Paper on Power Grid Private Wireless Networks

The white paper outlines a comprehensive framework for building power grid private wireless networks. It addresses six key areas: the strategic vision for future grid communications, core technical challenges, the unique advantages of private wireless networks, key criteria for technology selection, guidance for large-scale deployment, and a long-term outlook. Together, these elements provide a systematic blueprint for digitalization across the power industry.

Panel discussion on Wireless Private Network Implementation featuring four experts, including Gösta Kallner as host, discussing pain points and solutions, with an audience in attendance.
Expert Panel Discussion on Power Communication Networks

Expert Panel Discussion on Power Communication Networks

The 450 MHz private wireless network has gained widespread industry recognition for its technical reliability and proven practical value, validated through numerous real-world deployments worldwide.

During a panel discussion on power communication networks chaired by Gösta Kallner, Chairman of the 450 MHz Alliance, representatives from Sweden Electric Power, Électricité de France (EDF), Capgemini Consulting, and the CIGRE D2 Working Group discussed three key aspects:

  1. A comprehensive, secure, and reliable communication network with ubiquitous coverage is essential for the future development of power grids and stable power system operations.
  2. Wireless private networks meet the connectivity and situational awareness requirements of modern power grids, effectively supporting their digital and intelligent transformation.
  3. The 450 MHz spectrum offers clear advantages in accessibility, effectiveness, scalability, and long-term evolution, making it a leading option for power industry communications.

These discussions highlighted that the combined strengths of wireless private networks and the 450 MHz spectrum will become increasingly important in the development of future power systems.

The conclusions reached at the roundtable not only chart a clear course for the development of global power communication networks and the large-scale adoption of private wireless and 450 MHz technologies, but also provide an important platform for international cooperation and technological harmonization. Together with the white paper, the discussions lay the groundwork for continued innovation and standardization in power communications, supporting the digital, intelligent, and low-carbon transformation of the global energy sector.

Uno Minda Expands Mobility Safety Portfolio with Launch of Advanced Trumpet Horn Range for Indian Aftermarket

By
Kavitha
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0

Automotive components manufacturer Uno Minda Limited has launched a new range of trumpet horns for the Indian aftermarket, aimed at improving road safety and communication as the country’s mobility sector continues to expand.

The company, a Tier-1 supplier to major automotive Original Equipment Manufacturers (OEMs), said the new trumpet horn series is designed to deliver enhanced sound clarity, controlled audibility, and long-lasting durability while meeting OE-grade quality standards. The range is suitable for both passenger vehicles and commercial vehicles, catering to the growing demand for reliable and high-performance aftermarket components.

Industry observers note that increasing traffic congestion and varied driving conditions across India have raised the importance of clear and effective vehicle horn systems for safety and driver awareness on the road.

Designed for Safety and Performance

According to Uno Minda, the new trumpet horn lineup is engineered to meet the needs of a wide spectrum of customers—from premium passenger vehicle owners seeking refined sound performance to fleet operators requiring durable solutions for demanding operating conditions.

Speaking on the launch, Anand Kumar, Vice President – Sales & Marketing (Aftermarket) at Uno Minda Ltd., said clear on-road communication has become increasingly important amid rising traffic density and diverse driving environments.

He noted that the company has introduced trumpet horns in the 80 mm and 90 mm diameter categories, ranging from performance-focused to premium offerings, covering major vehicle segments.

Key Products in the New Range

At the premium end of the lineup is the E80 12V Electronic Trumpet Horn, which delivers refined sound output and includes a three-year warranty from the manufacturing date. The product features an integrated electronic chip for consistent sound performance, along with reverse polarity protection and plug-and-play installation for enhanced reliability.

For customers seeking compact solutions, the T80 12V Vertical Trumpet Horn with Grill offers a space-saving vertical design with dust- and splash-resistant capability. Another variant, the T80 12V Vertical Trumpet Horn without Grill, is engineered to deliver clearer and more harmonious sound output with extended audibility in a compact form.

The T80 12V Trumpet Horn targets a broader customer base with universal vehicle fitment, durable ABS construction, and clear sound output, making it suitable for both passenger vehicles and light commercial vehicles.

Innovative Horn for Commercial Vehicles

Expanding its portfolio for heavy-duty applications, Uno Minda has also introduced the T90 24V Melody Trumpet Horn, designed specifically for commercial vehicles.

The horn is positioned as a replacement for traditional pipe horns and features eight selectable sound tones, offering improved audibility and differentiation for fleet operators operating in high-traffic conditions and on highways.

Built for Indian Road Conditions

Uno Minda said the new trumpet horn range has been manufactured using high-grade materials and subjected to stringent quality testing to ensure resistance to heat, dust, moisture, vibration, and harsh road conditions.

The products are designed for easy installation across multiple vehicle platforms and are available through offline automotive retail outlets as well as online marketplaces such as Amazon, Flipkart, and Uno Minda’s official store.

The trumpet horns are priced between ₹800 and ₹3,400, depending on the model and specifications.

The launch reinforces Uno Minda’s focus on enhancing safety standards in the automotive aftermarket while meeting the evolving needs of India’s rapidly growing vehicle ecosystem.

Toyota Kirloskar Motor Launches ‘Urban Cruiser Hyryder Month’ to Promote Strong Hybrid SUV

By
Rajni G
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0

Toyota Kirloskar Motor has launched ‘Toyota Urban Cruiser Hyryder Month’, a month-long customer engagement campaign aimed at celebrating the success of the Toyota Urban Cruiser Hyryder and promoting its strong hybrid technology.

The campaign, running from February 16 until the end of March, is being conducted across North India, covering key markets including NCR, Uttar Pradesh, Uttarakhand, Rajasthan, Haryana, Punjab, and Jammu & Kashmir. Through the initiative, Toyota aims to bring customers closer to its Self-Charging Strong Hybrid Electric technology via immersive test-drive experiences and exclusive customer benefits.

Launched in 2022, the Urban Cruiser Hyryder has emerged as a strong contender in the compact SUV segment, with prices starting at ₹10.94 lakh (ex-showroom). The model recently achieved a significant milestone of over 200,000 units in cumulative sales, reflecting growing customer confidence in hybrid mobility solutions.

Positioned as India’s first strong hybrid electric SUV in the B-SUV segment, the Hyryder features Toyota’s Hybrid System (THS) paired with an advanced e-drive transmission. The system enables the vehicle to operate on electric power for up to 40% of the distance and 60% of driving time, offering a quieter driving experience along with a fuel efficiency of 27.97 km/l.

The SUV is offered with two powertrain options. The Self-Charging Strong Hybrid Electric variant combines a 1.5-litre petrol engine with an electric motor, delivering a combined output of 85 kW through an e-drive transmission. Meanwhile, the Neo Drive variant features a 1.5-litre K-series petrol engine with an Integrated Starter Generator (ISG), available with manual and automatic transmissions as well as 2WD and 4WD configurations.

In terms of design and comfort, the Urban Cruiser Hyryder features a crystal acrylic grille, twin LED daytime running lights, and 17-inch alloy wheels. The interior offers premium features such as ventilated leather seats, a panoramic sunroof, an eight-way power-adjustable driver’s seat, and an electronic parking brake.

Technology and connectivity features include a 9-inch touchscreen infotainment system, 55 connected features powered by Toyota i-Connect, wireless Apple CarPlay and Android Auto, paddle shifters, wireless charging, and multiple USB charging ports.

Safety remains a key focus, with the SUV equipped with six airbags as standard, along with Vehicle Stability Control, Hill Hold Control, all-wheel disc brakes, a 360-degree camera, ISOFIX child seat mounts, and seatbelt pretensioners.

Toyota also highlighted the model’s ownership benefits, including a standard 3-year/100,000 km warranty extendable up to 5 years/220,000 km, along with five years of roadside assistance. The hybrid battery is backed by an 8-year/160,000 km warranty, reinforcing customer confidence in hybrid technology.

As part of the promotional campaign, customers can also avail benefits of up to ₹1 lakh, exchange offers, and flexible financing options, including a Buy Now, Pay Later scheme, aimed at making hybrid mobility more accessible.

Mahindra Reopens Bookings for Limited ‘BE 6 Batman Edition’ Electric SUV After Massive Demand

By
Rajni G
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0

Mahindra & Mahindra has announced the return of the Mahindra BE 6 Batman Edition, reopening bookings for the special edition electric SUV after overwhelming customer demand following its original launch.

The company revealed that the first batch of 999 units of the Batman-themed SUV sold out in just 135 seconds, making it one of the fastest-selling special edition vehicles in the brand’s history. The model was developed in collaboration with Warner Bros. Discovery through its consumer products division and draws inspiration from The Dark Knight Trilogy.

Due to continued demand from fans and customers who missed the initial booking window, Mahindra has decided to reopen bookings for a limited time. Customers can register their interest on 6 March 2026, while official bookings will begin on 10 March 2026 at 11:00 AM for one day only. Deliveries are scheduled to start from 10 April 2026.

The BE 6 Batman Edition is based on the top-end Pack Three variant featuring a 79 kWh battery, combining electric performance with a distinctive design inspired by the iconic DC superhero.

The limited edition SUV features a custom satin black exterior, R20 alloy wheels, and Alchemy Gold-painted suspension and brake callipers to create a bold contrast. Batman-themed styling elements include the Bat emblem placed on hub caps, quarter panels, windows, and the rear bumper, along with special “BE 6 × The Dark Knight” rear badging.

Inside the cabin, the SUV offers a premium charcoal leather dashboard with gold accents, suede and leather upholstery with sepia stitching, and a Batman Edition plaque on the dashboard. Additional design touches include a gold-accented steering wheel, branded door straps, and custom key fob, while the infotainment system features a Batman-themed welcome animation.

The vehicle also includes unique features such as carpet lamps projecting the Bat emblem and custom Batman-inspired exterior engine sounds, enhancing the themed driving experience.

Mahindra said existing owners of the BE 6 Batman Edition who refer new buyers will receive priority delivery benefits, acknowledging the loyalty of the current customer community.

The revival of the BE 6 Batman Edition reflects Mahindra’s strategy to blend electric mobility with pop culture-inspired design, creating collectible electric vehicles that appeal to enthusiasts and fans alike.

Volvo Cars to Boost EX60 Electric SUV Production After Strong Early Demand

By
Rajni G
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0

Volvo Cars has announced plans to increase production of its fully electric EX60 SUV in 2026 following stronger-than-expected customer demand across key European markets.

Just weeks after the vehicle’s global reveal, the Volvo EX60 has already recorded order volumes exceeding internal forecasts, particularly in markets such as Sweden and Germany. In Sweden alone, the company has received more than 3,000 orders, supported by a new “Care” offer that includes simplified purchasing, transparent pricing, and three years of free home charging.

According to the company, the pace of order intake for the EX60 has outperformed the early demand seen for the Volvo EX30 following its global debut in 2023, despite the EX30 being positioned in a lower-priced, high-volume segment.

Currently, order books for the EX60 are open only in European markets, while customers in the United States will be able to place orders later this spring.

To meet the rising demand, Volvo Cars is planning to increase production at its Torslanda Plant in Sweden. The automaker is also in discussions with labour unions to keep the factory operational for an additional week during the summer, a move that would mark the first time in the company’s history.

Commenting on the strong response, Erik Severinson said the initial demand for the electric SUV has surpassed expectations, describing it as a positive challenge for the company as it prepares to start customer vehicle production next month.

The EX60 is positioned as a key model in Volvo’s electrification strategy, offering class-leading driving range and ultra-fast charging capabilities that the company says can match the time of a typical coffee stop. The electric SUV is also priced in line with Volvo’s best-selling Volvo XC60, making it an attractive option for customers transitioning to fully electric mobility.

Volvo Cars expects the EX60 to play a major role in accelerating its shift toward an all-electric lineup, while strengthening its presence in the global electric SUV market.

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