Tesla Unveils More Affordable Model Y Variant to Offset Loss of US EV Tax Credits

October 7, 2025

Elon Musk confirms affordable Tesla Model Y variant launch. It uses fewer premium materials and a re-engineered design to offset reduced US tax incentives. The billionaire Musk’s electric vehicle company, Tesla, is set to introduce a much more affordable variant of its best-selling Model Y SUV. The very announcement of this affordable model is in direct response to strategic changes in the US market, mainly the reduced federal incentives for

Omega Launches 'Swayamgati': India's First Self-Driving Electric Auto-Rickshaw

Omega Seiki Launches ‘Swayamgati’: India’s First Self-Driving Electric Three-Wheeler

October 6, 2025

Omega Seiki Mobility unveils Swayamgati, India’s first self-driving electric auto-rickshaw. Luna and Lidar provide the AI with driverless navigation. The electric three-wheeler manufacturer Omega Seiki Mobility has recently launched Swayamgati, India’s first-ever driverless electric auto-rickshaw. The one overriding objective is to establish the advanced, integrated autonomous technology, where the well-known electric three-wheeler platform coexists with advanced AI. This can be locally developed, locally manufactured, and locally sold at a price

Ashok Partners CALB in 20-Year Deal: ₹50,000 Cr Investment

Ashok Leyland Partners CALB in 20-Year Deal: ₹50,000 Cr Investment to Master EV Battery Tech

September 26, 2025

Ashok Leyland signs 20-year pact with CALB of China, wherein ₹50,000 Cr will be invested to develop and manufacture EV lithium-ion cells in India within five years. Ashok Leyland has now committed to a 20-year strategic partnership with the China-based CALB Group, the world’s third-largest producer of batteries, which includes materials used in the manufacturing, development, and research of lithium-ion batteries. That makes India the hotspot for high-performance, superior lithium-ion

Ola Electric Seeks ₹400 Crore Boost Under PLI Scheme

September 18, 2025

Ola ₹400 crore PLI claim might benefit its finances, attract investors, and maintain its lead in India’s EV two-wheeler market. Being a dominant force in the Indian electric two-wheeler industry, Ola Electric filed a ₹400 crore claim with the government under the Production-Linked Incentive Scheme for the automobile and auto-component sector. Such a big claim was filed on the grounds of the company recording eligible sales of ₹3,000 crores in

Delhi Government Extends EV Policy Until March 2026

July 25, 2025

This decision confirms that existing subsidies and incentives for electric bikes, cars, and commercial vehicles are not disrupted. The Delhi government has extended its current electric vehicle (EV) policy until March 31, 2026, providing ongoing policies for EV customers and manufacturers as work on a new, revised policy enters the final stages. Kailash Gahlot, Delhi’s Transport Minister, hailed the extension and reported that the current policy, which was set to