In May 2023, India's retail sales of electric two-wheelers reached a new peak at 104,755 units, marking a 57 per cent increase compared to April 2023, which saw 66,724 units sold.

India's electric two-wheeler retail sales hit record high in May 2023

Over a period of 10 years (2023-32), South Korean automaker Hyundai will be investing USD 2.5 billion (INR 20,000 crore) in India. This investment is aimed at scaling up the firm's existing manufacturing operations of electric vehicles and internal combustion engine vehicles, developing an Electric Vehicle (EV) ecosystem, setting up EV charging stations and establishing an EV battery assembly unit.

Hyundai to invest $2.5bn in India, scale up production at its largest manufacturing hub outside Korea

Ford Motor Co said it will cut a total of 3,000 salaried and contract jobs, mostly in North America and India, as it restructures to catch up with Tesla Inc in the race to develop software-driven electric vehicles.

Ford cuts 3,000 jobs as it pivots to EVs, competes with Elon Musk's Tesla

Automakers line up electronic vehicle models to take on Tesla

China's Geely plans to roll out electric vehicles under a new marque with different branding and sales strategies. Reports say the Volvo owner is looking to take on its main EV rival Tesla with higher-end vehicles.

China's Geely to launch new premium electronic vehicle brand

China's auto leading automaking company BYD has claimed that it operates the world's largest mask-making factory less than a month after starting production in response to the coronavirus pandemic.

Chinese electronic vehicle manufacturer BYD becomes world's biggest face mask maker

The Director of the Corporate Affairs of SMEV, Mr Sohinder Gill has said that the measures should be implemented immediately to back the government's aim of selling only e-vehicles in the country by 2030 and to help the industry grow fast

Union Budget 2018: Electronic Vehicles Industry seeks 5% reduction in GST