electric vehicles

April 24, 2026 4:15 PM

After call from Beijing, China’s auto industry races to embed AI in just about everything

It took China 25 years to dominate the market for electric vehicles. Now, the country's auto industry is hurtling toward the next disruption: Embedding artificial intelligence in cars that will make the next generation of EVs not just network-connected, but self-reasoning machines running on Chinese chips and software. China's most recent five-year plan released earlier this year presented a blueprint for "AI Plus," a national project to embed AI systems into manufacturing, healthcare and almo...

December 23, 2025 4:03 PM

Tata Motors crosses 2.5 lakh electric vehicle milestone in India

Tata Motors has crossed a major milestone in India’s electric mobility journey, with over 2.5 lakh TATA.ev cars now running on Indian roads, the company announced on Tuesday. The achievement reinforces Tata Motors’ leadership in the country’s rapidly expanding electric passenger vehicle segment, at a time when EVs are increasingly being adopted by mainstream consumers beyond early adopters. Since the launch of its first mass-market electric car, the Nexon.ev, in 2020, Tata Motors has ste...

August 4, 2025 9:35 PM

NITI Aayog launches report on $200 billion electric vehicle opportunity in India

NITI Aayog on Monday launched its report titled “Unlocking a $200 Billion Opportunity: Electric Vehicles in India,” which provides a comprehensive assessment of the current challenges and strategic recommendations needed to accelerate India’s transition to electric mobility. The report was released by Rajiv Gauba, Member, NITI Aayog, in the presence of B. V. R. Subrahmanyam, CEO, NITI Aayog, Kamran Rizvi, Secretary, Ministry of Heavy Industries, O. P. Agarwal, Distinguished Fellow, NITI A...

February 18, 2025 1:02 PM

Elon Musk’s Tesla kicks off hiring in India amid strengthening ties with government

Elon Musk-owned Electric car maker Tesla Inc. has officially begun its hiring process in India, marking a significant step towards its long-anticipated entry into the domestic market. On Monday, the electric vehicle (EV) giant posted a job listing on LinkedIn for the position of Consumer Engagement Manager in the Mumbai Metropolitan Region. The role is a full-time, on-site position, indicating Tesla's commitment to building a direct presence in the country. https://www.linkedin.com/jobs/view/41...

November 14, 2024 5:09 PM

Venture debt funding boosts Indian fintech and EV startups: report

The venture debt market in India is steadily expanding, resembling the early days of venture capital, particularly in emerging sectors like fintech and electric vehicles (EVs), according to a report released Thursday. Indian founders are increasingly turning to venture debt to bridge funding gaps and minimize equity dilution, as highlighted in the report by global investment firm Lighthouse Canton. This shift is primarily driven by limited equity funding in the market and a desire to preserve ...

October 28, 2024 4:37 PM

Demand for premium vehicles surges in India ahead of festive season: survey

The demand for premium vehicles in India is on the rise as the festive season approaches, according to a survey by Grant Thornton Bharat. The report attributes this shift in consumer preferences to increased disposable incomes and a favorable economic outlook. Titled Shifting Gears: Understanding Passenger Vehicle Market Trends, the survey shows that over 85% of respondents expressed interest in purchasing premium vehicles, signaling a major shift in the country's automotive market. The findin...

September 15, 2024 8:03 PM

New players emerge as India’s EV two-wheeler market expands

India's electric vehicle (EV) two-wheeler market is witnessing a surge in competition as the government rolls out incentives for the production and purchase of EVs. A wave of new entrants is now challenging established players to secure a share of this fast-growing segment. One such newcomer is Warivo Motors, based in Gurgaon, Haryana. Warivo Motors, which aims to compete with major brands like Ola, TVS, and Ather, has established a production facility in Haryana's Sirsa district. Rajiv Goel, D...

September 14, 2024 1:37 PM

US locks in steep China tariff hikes, some industries warn of disruptions

The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to boost protections for strategic industries from China's state-driven industrial practices. The U.S. Trade Representative's office said that many of the tariffs, including a 100% duty on Chinese EVs, 50% on solar cells and 25% on steel, aluminum, EV batteries and key minerals, would take effect on Sept. 27. The USTR determination, published on Friday and first repor...

September 12, 2024 3:13 PM

IEA cuts 2024 oil demand growth forecast on China slowdown

The International Energy Agency (IEA) has cut its 2024 oil demand growth forecast by 70,000 barrels per day (bpd), or about 7.2%, to 900,000 bpd, it said in its monthly oil market report on Thursday, The Paris-based agency cited a slowdown in Chinese demand as the main driver of weaker global demand growth. It now expects Chinese demand to grow by only 180,000 bpd in 2024 as a broader macroeconomic slowdown coincides with a higher uptake of electric vehicles. "With the steam seemingly running ...

July 4, 2024 3:40 PM

EU imposes duties on China-built EVs, leaving four months for talks

The European Union will impose tariffs of up to 37.6% from Friday on imports of electric vehicles made in China, EU officials said on Thursday, ratcheting up trade tension with Beijing. There is however a four-month window during which the tariffs are only provisional and intensive talks are expected to continue between the two sides. The European Commission's provisional duties of between 17.4% and 37.6% without backdating are designed to prevent what its president Ursula von der Leyen has sa...