AUTO
A Watershed Year For EVs: India’s Electric Mobility Story Accelerates
India’s electric mobility journey gathered remarkable momentum in FY26, emerging as a defining year for the sector with robust growth across all vehicle categories. The year underscored the country’s accelerating transition towards cleaner mobility, backed by rising consumer adoption and expanding ecosystem support. Strong double-digit growth across segments Total electric vehicle (EV) retail sales across […]
CW Bureau
·
Apr 7, 2026
AUTO
TI Clean Mobility Completes Full Acquisition Of Tivolt Electric Vehicles
Murugappa Group company TI Clean Mobility Pvt Ltd (TICMPL) has acquired the remaining three crore equity shares of Tivolt Electric Vehicles Pvt Ltd for ₹30 crore, making it a wholly owned subsidiary. TICMPL is a subsidiary of Tube Investments of India Ltd. This transaction will enable TICMPL to consolidate its holding and have better operational […]
CW Bureau
·
Apr 1, 2026
AUTO
Ashok Leyland To Infuse ₹375 Cr In To UK Arm Optare For Debt Repayment
Commercial vehicle major Ashok Leyland has approved an investment of up to GBP 30 million (around ₹375 crore) in its UK-based subsidiary Optare Plc, pushing ahead with its long-term commitment to the global electric mobility ecosystem. The investment will be made in one or more tranches and is expected to be completed by March 31, […]
CW Bureau
·
Mar 20, 2026
