BANKING & FINANCE
Non-Metro Drives Motor Insurance Growth As EV Policies Surge 670%
India’s motor insurance market witnessed strong growth in FY26, led by rising adoption in non-metro cities and a sharp surge in electric vehicle (EV) insurance demand. According to a motor insurance trend analysis by Policybazaar, the car insurance market recorded an 8% year-on-year growth during FY26, while two-wheeler and commercial vehicle insurance segments grew by […]
CW Bureau
·
May 22, 2026
AUTO
Musashi India Signs Pact With Kinetic Green For EV Powertrain Supply
Musashi India Pvt Ltd, an automotive components and EV systems manufacturer and subsidiary of Japan’s Musashi Seimitsu Industry Co Ltd, has entered into a Letter of Intent with Kinetic Green Energy and Power Solutions Ltd to supply integrated electric powertrain systems for the latter’s upcoming electric two-wheeler platform. Under the agreement, Musashi India will supply […]
CW Bureau
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May 21, 2026
AUTO
Olectra Sees Private EV Push As Key To India’s Next Mobility Growth Phase
Olectra Greentech Ltd, a leading electric bus manufacturer, said the proposed $1-billion government support for private electric buses and trucks could accelerate the next phase of India’s electric mobility transition by expanding adoption beyond State transport undertakings (STUs) and government-led demand. Olectra Greentech Managing Director Mahesh Babu said in a social media post that the […]
CW Bureau
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May 20, 2026
AUTO
Ultraviolette, Bolt.Earth Deploy 130 Type-6 Fast Chargers Across India
Ultraviolette and Bolt.Earth said their interoperable Type-6 DC fast-charging network has crossed 130 installed chargers across India, more than doubling the initial deployment target of 50 chargers ahead of schedule. Launched under a strategic collaboration in March 2026, the rollout is being accelerated in response to Ultraviolette’s growing rider base, the rapid rise of India’s […]
CW Bureau
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May 19, 2026
AUTO
Bajaj Auto Launches WEGO e-3W Across Passenger, Cargo Segments
Bajaj Auto Ltd, the leading two-and-three-wheeler manufacturer, has unveiled a comprehensive range of electric three-wheelers under the new ‘Bajaj WEGO’ brand, targeting both passenger and cargo mobility segments. Comprehensive EV portfolio The WEGO platform features multiple variants tailored for diverse use cases, powered by an efficient electric drivetrain with a two-speed automatic transmission, advanced battery […]
CW Bureau
·
Apr 14, 2026
