Electric Vehicle

January 12, 2026 5:43 PM

India’s EV sales cross 2.3 million in 2025, market share rises to 8%

India’s electric vehicle (EV) market continued its rapid expansion in 2025, with total EV sales touching 2.3 million units and accounting for 8 per cent of all new vehicle registrations, according to data from the government’s Vahan Portal. A report by the India Energy Storage Alliance (IESA) said electric two-wheelers remained the biggest driver of growth, with sales of 1.28 million units, making up 57 per cent of total EV sales. Electric three-wheelers, including L3 and L5 categor...

August 26, 2025 9:07 PM

Made in India, Made for the World: PM launches Maruti-Suzuki e VITARA, lithium battery facility

Prime Minister Narendra Modi on Tuesday inaugurated Maruti-Suzuki’s first battery electric vehicle (BEV) “e VITARA” and lithium-ion battery production facility at Hansalpur in Ahmedabad district, calling the India–Japan partnership “Made for Each Other.” Addressing the gathering, the Prime Minister said that electric vehicles carrying the label Made in India and travelling across more than 100 countries will be a matter of great pride. He emphasised that irrespective of foreign inve...

December 11, 2024 1:01 PM

Indian EV industry to attract $40 billion investments, boosting real estate growth: report

The Indian electric vehicle (EV) and ancillary sectors are poised to attract nearly $40 billion in investments over the next five to six years, creating significant opportunities for the real estate market, according to a report by Colliers India. The report, titled "EVs in India: Renewed Vigour in Electric Mobility," highlights that nearly two-thirds of these investments are expected to be concentrated in the lithium-ion battery segment. Despite slower-than-expected EV adoption, the industry h...

July 10, 2024 5:42 PM

Global lithium sector eyes Argentina’s salt flats on tech test run

In a dusty plain in northern Argentina's mountains, black tubes stretching two stories high fill a massive tank with salty brine sucked from deep below ground. The brine contains lithium, a silvery white metal essential for making electric vehicle batteries and in high demand as the world shifts to green energy. French miner Eramet is attempting to use an innovative technique, known as direct lithium extraction, or DLE, in a race for cleaner, faster and cheaper ways to produce the metal with le...