Author: Michael Khan

Vietnamese electric vehicle maker VinFast is planning a broad expansion of its product portfolio in India, targeting new passenger vehicle segments as well as the commercial EV market from 2026, as it positions the country as a key pillar of its global growth strategy. The company will introduce its third passenger EV in India in February 2026 with the launch of the Limo Green electric MPV, making India the model’s first international market after its debut in Vietnam last year. “India is viewed as a strategic market for global expansion, and the company plans to introduce new models every six…

South Korean battery maker LG Energy Solution (LGES) and Turkish energy company GO Enerji have agreed to jointly establish a battery pack production facility in Ankara, strengthening LGES’s manufacturing presence in the region as it navigates intensifying global competition and expanding overseas contracts. The factory is scheduled to begin operations as early as the second quarter of 2026 with an initial annual production capacity of 2.5 gigawatt-hours (GWh), which is expected to rise to 7.5 GWh within two years. The site will assemble battery packs for use in electric vehicles and stationary energy storage systems. About 100 jobs will be…

Tesla has opened its first fully integrated “all-in-one” Tesla Centre in India, marking a new phase in its long-anticipated expansion into the world’s third-largest auto market. The facility, located at Orchid Business Park in Gurugram, Haryana, combines vehicle sales, delivery, after-sales service and charging infrastructure at a single site, the company said. See also: Tesla Faces Slow Start in India as High Import Duties and Premium Prices Curb Sales The Gurugram centre represents Tesla’s most comprehensive physical presence in India so far. While the company previously launched experience centres in Mumbai and Delhi focused on product display and customer interaction,…

India has crossed the two million mark in annual electric vehicle (EV) sales for the first time in 2025, reaching 2.02 million units by Nov. 25, according to a report by The Times of India. With one month still left in the calendar year, total sales are expected to rise further, confirming a new milestone for the world’s third-largest auto market. The achievement marks a modest increase of about 3.5% from the 1.95 million units sold in 2024, a sharp slowdown from last year’s growth rate of about 27%. Crisil Ratings director Poonam Upadhyay said the year-on-year expansion is unlikely…

Mahindra & Mahindra has stepped up its electric vehicle expansion with the near-simultaneous launch of two new models, the BE6 Formula Edition and the XEV 9S, within a span of 48 hours, as the Indian automaker intensifies its push into the mainstream electric SUV segment. The company introduced the BE6 Formula Edition earlier this week at a starting price of 2.369 million rupees ($about $28,400). The performance-styled electric SUV will be offered in two variants, with bookings set to open on Jan. 14 and deliveries scheduled to begin on Feb. 14. Shortly after, Mahindra unveiled the XEV 9S, its first…

Indian automaker Mahindra is developing a new nationwide fast-charging network under the ‘Charge_IN’ brand as it seeks to support rising electric vehicle sales and expand adoption across long-distance travel routes. The company plans to install 250 fast chargers and provide access to more than 1,000 charging points across India by 2027, according to a company announcement. Mahindra said the Charge_IN stations will be deployed primarily along major highway corridors, located close to roadside amenities such as cafés and restaurants. Each site will be equipped exclusively with 180 kilowatt dual-gun DC fast chargers, designed to enable electric vehicles to recharge from…

India has approved a 72.8 billion rupees ($815.74 million) programme to expand domestic manufacturing of rare earth permanent magnets, as the country seeks to sharply reduce its reliance on imports for materials critical to industries including electric vehicles, aerospace, defence and renewable energy, the information minister said on Wednesday. India’s demand for rare earth permanent magnets, among the strongest types of magnets used in industrial applications, is expected to double by 2030, according to the government. At present, most of that demand is met through imports. In the fiscal year ending March 2025, India imported 53,748 metric tons of rare…

FirstService Residential and SWTCH Energy said they have completed the installation of 1,000 electric vehicle (EV) chargers across 85 residential communities in the United States and Canada, providing at-home charging access to more than 45,000 residents. The deployment focuses on major markets including New York, Florida, New Jersey, Ontario and British Columbia. The partnership, which began in 2020, aims to help condominium and homeowners’ associations meet increasing EV infrastructure needs while maintaining property value and operational reliability. Kelly Dougherty, President of FirstService Energy, said the initiative is designed for adaptability across diverse market conditions. “The deployed systems ensure communities remain…

Volkswagen is reevaluating its investment approach in India and has reduced development spending on electric vehicles in the country, according to a Bloomberg report citing people familiar with the matter. The German carmaker has scaled back its planned funding for a new EV platform from around $1 billion to approximately $700 million and is seeking local partners as it considers broader adjustments to its India strategy. See also: Volkswagen Says Rivian-Developed Software Could Extend to Combustion Models as Partnership Advances The reported shift comes as India prepares to introduce stricter emissions regulations in 2027, increasing pressure on manufacturers to transition…

Abu Dhabi Investment Office (ADIO) has formed a strategic partnership with Glydways, a U.S.-based Automated Transit Network (ATN) developer, to evaluate the deployment of its autonomous electric transit system across the emirate. The agreement, announced during DRIFTx at Abu Dhabi Autonomous Week, adds momentum to the Smart and Autonomous Vehicle Industries (SAVI) cluster and supports the emirate’s wider ambitions in smart mobility and sustainable transport. The collaboration includes feasibility studies, regulatory framework development, and coordination with Abu Dhabi Mobility, Abu Dhabi Transport and Etihad Rail. ADIO said the initiative reinforces Abu Dhabi’s push to address urban mobility challenges while accelerating…

Tata Passenger Electric Mobility Limited (TPEML), the passenger EV division of Tata Motors, has launched 14 manned Tata.ev MegaCharger stations across India as part of its strategy to make EV charging more accessible and familiar to drivers. The company has collaborated with charging operator Voltran to establish what it describes as the country’s first manned public charging sites. India’s fuel retail network is largely manned, and TPEML aims to replicate that experience for EV owners to smooth the transition from combustion vehicles. The new charging sites operate 24 hours a day and offer on-site assistance along with amenities such as…

Hyundai has made its first-ever move to appoint local executives to lead operations in China and India, signaling a shift in its regional management strategy. The appointments come 23 years after the company established its Chinese subsidiary and 29 years after entering the Indian market, with the goal of strengthening localization and boosting competitiveness in two of Asia’s largest automotive markets. See also: Beijing Hyundai Launches EO Compact SUV in China, Targeting EV Market Comeback In China, Hyundai Motor has appointed Li Penggang, former deputy general manager of FAW-Audi, as general manager of Beijing Hyundai Motor Co. (BHMC). Li, 44,…