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Business News/Topic/ Ev Industry

EV INDUSTRY

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A rare earth metals mine in China, which accounted for 70% of the global production of these elements in 2024. (REUTERS)

India plans grants, regulatory easing for rare earth processing amid supply woes

5 min read . 17 Jun 2025

Maruti Suzuki is pursuing multiple technologies for decarbonisation. (REUTERS)

Hybrid carmakers seek tax incentives as auto industry lobbies for clean mobility

3 min read . 12 Jun 2025

The National Manufacturing Mission will prioritize green manufacturing, with incentives aimed at expanding domestic production of solar PV cells and electric vehicle batteries. (Bloomberg News)

Centre mulls private sector leader for manufacturing mission

3 min read . 07 May 2025

I-T rules for safe harbour laws: I-T laws have been tweaked to provide tax benefits to EV makers. Safe harbour rules has been expanded by raising the threshold for availing safe harbour to ₹300 crore from ₹200 crore. (Shutterstock)

I-T rules tweaked to expand safe harbour law

3 min read . 25 Mar 2025

A sign is displayed at an electric vehicle charging station. (AP)

Amara Raja, BEL to Bharat Forge: Why are EV stocks rising today?

2 min read . 14 Jan 2025

The scheme, expected to be christened PM e-drive will allocate between ₹4,300 crore and ₹4,400 crore to incentivize electric buses, including inter-city models, making it the largest segment of the subsidy outlay.

Govt set to clear ₹10,900 cr for rechristened electric vehicle subsidy scheme

1 min read . 11 Sep 2024

The company said its investment in its EV unit—Mahindra Electric Automobile Ltd (MEAL)—will be self-funded.. (REUTERS)

Mahindra to invest ₹12000 crore in EV business till FY27

3 min read . 16 May 2024

Exide Industries surged 13 percent to hit a record high of ₹363.35 after South Korean auto giants Hyundai Motor Company and Kia Corporation announced a partnership with Exide Energy Solutions Ltd, a subsidiary of Exide Industries for electric vehicle battery localisation in India.

Hyundai, Kia partner with Exide Energy for EV battery localisation; stock up 13%

2 min read . 08 Apr 2024