In Short : The stock of Ola Electric Mobility rose by about 8.5%, closing at about ₹44.70. This rise coincides with possible amendments to the Goods and Services Tax (GST) that could skew benefits in favor of internal combustion engines (ICE) and reduce the competitiveness of EVs.
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In Short : China Citic Bank has given Xpeng a substantial financial boost by offering the electric vehicle maker a credit facility worth 10 billion yuan, or roughly $1.39 billion.
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In Short : Because of improved charging infrastructure, greater environmental consciousness, and supporting state legislation, Odisha saw a startling increase in the adoption of electric vehicles in the first half of 2025, with sales of EV cars soaring by 50% and sales of electric scooters rising by 39%.
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In Short : VinFast, a Vietnamese manufacturer of electric vehicles (EVs), has submitted design patent applications in India for two new models from its “Green” series: the small Minio Green hatchback and the seven-seater MPV, the Limo Green. This patent action suggests a more comprehensive plan to broaden and strengthen its position in the Indian EV industry.
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In Short : The adoption of electric vehicles (EVs) in India is presently undergoing an S-curve shift, as noted by Bhavish Aggarwal, the founder of Ola Electric. The market is currently stabilizing after a quick first ramp-up, during which the percentage of EV scooters soared to 20% in just four years.
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In Short : From early 2023 to mid-2025, India’s public EV charging infrastructure saw a sharp increase, quadrupling to almost 24,000 charging stations dispersed throughout cities and roads. A clear step toward charging accessibility has been taken, as fast-charger coverage currently covers 91% of national roadways.
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In Short : India is prepared to embark out dramatic GST reforms by October 2025, slashing taxes on small cars from 28% to 18% and lowering insurance prices to between 0–5%. These revisions aim to make automobiles more affordable while positioning India as a worldwide powerhouse for EV production through incentives including a 5% GST on EVs and PLI schemes.
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In Short : By the end of the year, Omega Seiki Mobility hopes to have its first overseas electric vehicle (EV) assembly factory up and running in Dubai’s Jebel Ali Free Zone (Jafza). Targeting the Middle Eastern and African markets, the facility will function as a major center for the manufacture, storage, and distribution of two- and three-wheelers.
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In Short : Wuling Motors debuted the Bingo S, a brand-new battery-electric vehicle aimed at younger consumers, on August 6. A smooth “Shift” between dynamic aesthetics and urban functionality is conveyed by its sleek, elegant style.
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In Short : Simplified guidelines for the National Electric Vehicle Infrastructure (NEVI) Formula Program have been released by the U.S. Department of Transportation.
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