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Tata Motors PV bets on SUV, EV demand to drive ‘industry-beating’ growth in FY27 despite geopolitical risks
Tata Motors Passenger Vehicles anticipates significant growth in FY27. Strong demand for SUVs, CNG, and electric vehicles will drive production increases. The company aims for industry-beating performance. Potential challenges from global events and commodity prices are being monitored. This follows a record sales year in FY26, with the company securing the second position in the passenger vehicle market.
Global headwinds put electric bike companies on price hike path
Electric two-wheeler companies are feeling the pinch. Rising raw material prices and supply chain issues are impacting profits. Companies like Bajaj Auto, Hero MotoCorp, and Ather Energy are warning of price increases. Demand for AI infrastructure is also affecting the supply of crucial components. Consumers may see higher prices for electric vehicles soon.
Kaynes Tech shares fall 9% in two sessions ahead of Q4 results on Wednesday
The 53% topline growth during the quarter for Kaynes is likely to be driven by a combination of smart meters, electric vehicles and the auto sector.
Petroleum Ministry says fuel, LPG stocks adequate amid global supply disruptions; urges citizens to conserve energy
India's Petroleum Ministry confirms stable fuel supplies despite global energy challenges. Crude oil inventories are secure, refineries operate at peak capacity, and no fuel shortages are reported nationwide. The government urges citizens to conserve fuel by using public transport, carpooling, and opting for electric vehicles. These measures aim to ease the nation's economic burden and reduce import dependence.
India's power demand to rise by 5 to 5.5 percent in FY27: ICRA
India's power demand is set for a significant rise of 5.0-5.5 percent in 2026-27. This growth will be fueled by industrial, commercial, agricultural, and household sectors. Emerging sources like electric vehicles and data centers will also contribute. Thermal plant utilization will stay steady. Distribution companies face challenges with high debt and muted tariff hikes, impacting their profitability.
India's auto demand to hold steady for 2-3 quarters, but global risks loom over exports, margins
India's auto sector is set for continued strong demand for the next 2-3 quarters. Elevated growth is anticipated through CY26. This positive trend is supported by improving affordability and rural sentiment. Key segments like passenger vehicles, commercial vehicles, and two-wheelers are showing robust volume increases. Electric vehicle adoption is also gaining significant momentum across the industry.
Renault targets India among its top three markets by 2030, CEO says
French automaker Renault is aiming for India to be among its top three global markets by 2030. The company plans to introduce seven new vehicles, including electric models. By the end of the decade, Renault expects electrified vehicles to represent approximately half of its sales in India. This strategic move underscores Renault's commitment to the growing Indian automotive sector.
No addition of petrol, diesel vehicles to delivery, ride aggregator fleets in Delhi: Draft EV policy
Delhi EV polocy: The nationak capital is set to electrify its transport sector. New petrol and diesel vehicles will not join delivery and ride aggregator fleets starting this year. From 2027, only electric auto-rickshaws will be registered. Incentives are offered for electric three-wheelers to encourage adoption. This policy targets high-usage vehicles to reduce pollution.
Delhi draft EV Policy 2026 proposes subsidy up to Rs 30,000 for e-two-wheelers; no road tax or registration fee for most EVs
Delhi's new EV Policy 2026 offers significant subsidies for electric vehicles. Buyers of electric two-wheelers could receive up to Rs 30,000. Electric auto-rickshaws may get Rs 50,000. Electric four-wheel goods vehicles can receive up to Rs 1 lakh. These incentives aim to boost electric vehicle adoption in the capital.
EV retail sales in India up 24.6% at 24.52 lakh units in FY26: FADA
India's leap into the future of transport was evident in FY26, as electric vehicle sales skyrocketed to 24.52 lakh units, a noteworthy increase of 24.6 percent. The two-wheeler segment alone accounted for over 14 lakh units, underscoring consumer enthusiasm. Meanwhile, electric passenger vehicles surged with an impressive growth rate of 83.63 percent.
JSW MG Motor India EV sales jump 66% to 62,591 units in FY26
JSW MG Motor India has seen a significant jump in electric vehicle sales. Sales for FY26 reached 62,591 units, a 66 percent increase from FY25. March sales also grew 19 percent year-on-year. The MG Windsor model is a key driver, with 70 percent of its sales coming from non-metro cities. This indicates a growing preference for electric vehicles across India.
South Asia battles fuel crunch amid Iran war fallout
South Asian nations are taking action to combat an energy crisis. Countries like India, Pakistan, Bangladesh, Nepal, Sri Lanka, and Maldives are introducing various measures. These include fuel price adjustments, reduced consumption, and shifts towards electric vehicles. The aim is to manage dwindling supplies and rising costs impacting millions.