AUTO Ola Electric Pares Q4 Loss 43%, FY26 Loss Narrows 19% Amid Cost Reset

Ola Electric reported a sharp narrowing of losses in both the fourth quarter and the full year of FY26, as the electric two-wheeler maker cited improvements in gross margins, lower operating expenses, stabilising service operations and an early recovery in sales momentum. The company posted a consolidated net loss of ₹500 crore in Q4 FY26, […]

CW Bureau · May 20, 2026

AUTO Inside TVS Motor’s Next Move: Bigger Factories, R&D Boost And More EVs

TVS Motor Company is preparing for what could become one of its most aggressive expansion phases in recent years, with the company earmarking around ₹3,500 crore in capital expenditure for FY27. The proposed investment is not merely about adding production lines. It reflects a broader strategy focused on expanding manufacturing capacity, accelerating electric vehicle growth, […]

CW Bureau · May 19, 2026

AUTO Keto Motors Lists On BSE, To Scale Up Growth In Electric Bus Manufacturing

Keto Motors, a Hyderabad-based commercial electric vehicle manufacturer focused on sustainable mobility solutions, has debuted on the Bombay Stock Exchange following the successful completion of its reverse merger with Taaza International Ltd. The listing strengthens the company’s access to public capital markets as it expands manufacturing capabilities, electric bus development and commercial EV operations across […]

CW Bureau · May 19, 2026

AUTO Uno Minda Set To Build ₹550 Cr New EV Powertrain Plant In Maharashtra

Uno Minda Ltd, a global technology leader in automotive components and systems manufacturing, has announced that its board of directors has approved the establishment of a state-of-the-art greenfield manufacturing facility in Chhatrapati Sambhajinagar (formerly Aurangabad), Maharashtra. The facility, to be established through its subsidiary Uno Minda Auto Innovations Pvt Ltd (UMAIPL), will focus on high-voltage […]

CW Bureau · May 16, 2026

AUTO Forex Pangs: BYD India To Hike EV Prices By Up To 2% From July 2026

BYD India, the Indian subsidiary of global new energy vehicle giant BYD, has announced a price increase across its electric passenger vehicle portfolio effective July 1, 2026. The company said prices will rise by 1-2% depending on the model and variant, citing sustained foreign exchange fluctuations as the key reason behind the revision. The move […]

CW Bureau · May 13, 2026

AUTO Olectra, Dassault Join Hands To Build Next-Gen Electric Mobility Platform

Leading electric bus manufacturer Olectra Greentech has partnered with Dassault Systemes to adopt the 3DEXPERIENCE platform, a move aimed at accelerating next-generation electric vehicle development through digitally integrated and model-based engineering systems. The collaboration marks a significant technology upgrade for Olectra as the electric bus manufacturer looks to strengthen its product development capabilities in line […]

CW Bureau · May 11, 2026

AUTO Yulu Sets Eyes On Bhopal’s Growing Delivery Economy With EV Rollout

Yulu, India’s largest shared electric vehicle mobility technology company, has launched its franchisee-led service in Bhopal under the Yulu Business Partner (YBP) initiative. The service has been rolled out in partnership with Tezz Mobility, led by first-generation entrepreneurs Dharamveer Singh Bhadoriya and Siddharth Jain. The launch marks Yulu’s expansion into Central India and brings the […]

CW Bureau · May 7, 2026

AUTO TVS Motor Expands iQube Portfolio With 4.7 kWh Variant At ₹1.37 Lakh

TVS Motor Company has strengthened its electric vehicle lineup with the launch of the iQube S 4.7 kWh, expanding its popular iQube portfolio amid rising EV adoption in India. Trusted by over 900,000 families, the iQube range has emerged as a key contributor to the country’s electric mobility push, with the latest variant aimed at […]

CW Bureau · May 6, 2026

AUTO Indofast Energy Touches 1,600 Swap Stations, Partners With 32 EV OEMs

Indofast Energy has closed FY26 with a strong growth performance, marked by rapid infrastructure expansion, deeper OEM partnerships, and a growing footprint across India’s electric mobility landscape. The battery-swapping solutions provider has emerged as one of the fastest-scaling players in the segment, crossing key milestones that underline its role in accelerating EV adoption, particularly in […]

CW Bureau · May 5, 2026

AUTO Hyundai, TVS Motor Form Partnership To Produce E-Three-Wheelers In India

South Korean auto giant Hyundai Motor Company and India’s two- and three-wheeler major TVS Motor Company have signed a joint development agreement (JDA) to advance the development and commercialisation of innovative electric three-wheelers (E3W) designed specifically to address India’s last-mile mobility needs. Strategic collaboration The partnership, formalised following the successful presentation of the E3W concept […]

CW Bureau · Apr 20, 2026

AUTO Ola Electric’s Gold-Plated Offer Drives Festive Marketing For Akshaya Tritiya

Ola Electric has unveiled its ‘Ola Sona Weekend’ campaign to mark the auspicious festival of Akshaya Tritiya, rolling out benefits worth up to ₹50,000 across its electric vehicle portfolio. The limited-period offer, valid on April 18 and 19, 2026, combines festive sentiment with sharp pricing and premium incentives to drive consumer traction. The icing on […]

CW Bureau · Apr 18, 2026

AUTO Ola Electric Brings 4680 Bharat Cell To Mass Market With S1 X+ 5.2 kWh

Ola Electric has announced the launch of the new S1 X+ 5.2 kWh, powered by its indigenously developed 4680 Bharat Cell. With this, the company is bringing its advanced in-house cell technology to the mass market, making long-range EV scooters more accessible for Indian consumers. Launched at an introductory price of ₹1,29,999, valid till April […]

CW Bureau · Apr 13, 2026