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Tata Motors PV targets 10x volume growth by FY30; Chairman N Chandrasekaran aims for 20% market share
Tata Motors Passenger Vehicles aims for ten-fold volume growth by FY30. The company targets over 1.2 million vehicle sales and 20 percent market share. Significant investments in digital technologies and AI are planned across the value chain. Collaboration with Jaguar Land Rover leverages complementary strengths in manufacturing and technology. The company is committed to electric vehicle transition and future mobility.
Delhi EV Policy 2026 paves way for hydrogen-powered vehicles
Delhi's new Electric Vehicle Policy 2026 paves the way for hydrogen fuel-based vehicles within four years, aiming to curb vehicular emissions, a major contributor to air pollution. The city plans to introduce two hydrogen-powered buses soon, with the Delhi Transport Corporation collaborating with NTPC for this initiative. This move signifies a significant stride towards cleaner, sustainable public transportation and a future-ready mobility ecosystem for the national capital.
JSW MG Motor posts record June sales as EVs contribute over 75% of volumes
JSW MG Motor India achieved its highest-ever monthly wholesale sales in June, with a 30% year-on-year increase to 7,568 units. Electric vehicles dominated over 75% of these sales, driven by rising fuel costs and lower running expenses. The company also reported strong demand for its internal combustion engine models and has begun deliveries of the new MG Majestor SUV, showcasing a robust overall portfolio performance.
Nearly 4 in 10 Delhi EVs are two-wheelers, data shows; experts back EV adoption
Delhi is accelerating its electric mobility drive, with two-wheelers now forming nearly 40% of registered electric vehicles. The city plans to ban new petrol and CNG two-wheeler registrations from April 2028, aiming to curb significant transport-related emissions. Experts emphasize the need for regional policy alignment to maximize pollution reduction benefits across the Indo-Gangetic Plain.
Haryana unveils tax breaks to accelerate shift to cleaner commercial vehicles
Haryana is offering a full waiver on motor vehicle tax for new environment-friendly trucks and buses in NCR districts. This initiative targets owners replacing older vehicles with BS-VI, electric, or CNG models. The move aims to significantly cut pollution from commercial transport, a major contributor to Delhi-NCR's air quality issues. This aligns with a broader central government program to modernize fleets and improve air quality across the region.
Tata Motors to invest up to Rs 40,000 crore by FY31
Tata Motors is set to invest up to Rs 40,000 crore over five years, aiming to nearly double its passenger vehicle capacity and introduce new models. The company targets a 20% domestic market share by FY31, with electric and CNG vehicles driving significant growth. This ambitious plan includes expanding its EV lineup and enhancing battery technology to address adoption barriers, positioning Tata Motors for a multi-powertrain future.
Delhivery expands green fleet with 1,500 Bajaj electric cargo vehicles
Delhivery is accelerating its eco-friendly logistics by partnering with Bajaj Auto to deploy approximately 1,500 electric cargo three-wheelers nationwide within two years. This initiative prioritizes smaller cities, with an initial rollout of 200 Bajaj RIKI eCarts in Delhivery's last-mile network. The integration with route optimization aims to boost efficiency and slash emissions.
Tata Motors shares jump 2% after receiving order for 3,400 electric commercial vehicles
Tata Motors share price gained over 2% following a significant order for over 3,400 electric commercial vehicles, signaling a major shift towards electric mobility in India's transport sector. The orders span various vehicle types and industries, demonstrating growing customer trust. This expansion, supported by a robust EV portfolio and extensive operational experience, highlights the increasing adoption of electric solutions for freight, logistics, and passenger transport.
From buses to trucks, Tata Motors lands 3,400 EV orders across segments
Tata Motors has secured a significant boost with over 3,400 electric commercial vehicle orders, marking a major leap in India's zero-emission transport. These orders, covering small commercial vehicles, trucks, and buses, highlight growing business and public transport confidence in electric mobility for diverse applications like e-commerce, logistics, and heavy industries. This surge signals a strong shift towards sustainable transportation solutions across the nation.
Tata Motors secures over 3,400 electric commercial vehicle orders
Tata Motors has secured over 3,400 orders for electric commercial vehicles, signaling a significant shift in India's fleet operator adoption. These orders span across small commercial vehicles, trucks, and buses, destined for diverse sectors like e-commerce and logistics. This surge indicates a move beyond pilot projects towards large-scale integration of electric vehicles into daily commercial operations, with Tata Motors expanding its comprehensive EV solutions.
Reliance New Energy prepares battery-swapping rollout for EV two-wheelers in logistics, delivery segment
Reliance New Energy is set to launch battery-swapping services for electric two-wheelers. This move targets the delivery and logistics sector. The company has secured necessary certifications for batteries and vehicles. Initial trials will occur within Reliance's own fleet. A wider commercial rollout is anticipated by FY27. This initiative supports Reliance's clean energy and electric mobility goals.
E-Ambulances will get up to 35% PM E-DRIVE subsidy
The government will subsidise electric ambulances. This support is up to 35% of the ex-factory price. Rs 500 crore is allocated for 3,811 electric ambulances over fiscal 2026-27 and 2027-28. The PM E-DRIVE Scheme aims to boost electric vehicles. This includes buses, trucks, and charging stations. The initiative supports patient transport and life support vehicles.