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Accounting-tech startup Atlas, customer interaction platform Angoor AI, EV mobility firm Trev Mobility, and AI-powered home resale platform Proho have raised funding in separate early-stage rounds, the companies said. The company will use the capital to expand its AI platform, grow its network of partner accounting firms in North America, and accelerate go-to-market efforts, it said in a statement. Atlas was founded in 2025 by former Stellaris executive Arpit Maheshwari and entrepreneur Jagmal ...Read More >
NEW DELHI: India's electric vehicles sales crossed a record 20 lakh-unit mark for the first time, as significant numbers in two- and three-wheelers and growing volumes in cars added strength to the greens.According to retail sales numbers released by Federation of Automobile Dealers' Association (FADA), a total of 24.5 lakh units of EVs were sold in FY26 against 19.6 lakh units in the previous fiscal, registering a growth of around 25%.A large part of the volumes came in from two-wheelers, led b ...Read More >
Gurugram : JSW MG Motor India today announced that its EV portfolio registered an impressive 66% growth in FY26 compared to FY25. The carmaker sold 62,591 EVs in FY26 compared to 37,730 units in FY25. In March, the company registered sales of 6,528* units, recording 19% Y-o-Y growth and reflecting sustained momentum across its portfolio. The MG Windsor drove this strong momentum, registering a remarkable 20% Y-o-Y growth in March. The MG Windsor continues to reign as India's No. 1 selling EV, w ...Read More >
India EV Sales: The competition between electric players in the Indian automobile market has become even more exciting. The latest sales figures for March 2026 clearly show that Tata Motors remains the undisputed king of the EV segment, but a fierce battle is looming between Mahindra and JSW MG Motor for the second-place spot. This month, the entry of Maruti Suzuki's e-Vitara and the Vietnamese company VinFast has created a new buzz in the market. If you, too, are planning to buy a new electric ...Read More >
India's passenger vehicle (PV) market continued its growth momentum in March 2026, with most carmakers reporting higher sales compared to the same month last year. Maruti Suzuki retained its position as the country's largest carmaker, while Tata Motors stayed ahead of Mahindra in the contest for second place. Hyundai, Skoda and Honda reported single-digit growth, while Renault and Nissan posted the highest increases. Maruti Suzuki reported domestic sales of 1,69,428 units in March 2026, registe ...Read More >
Mumbai: Mahindra & Mahindra has surpassed JSW MG Motor to become the second-largest electric carmaker in terms of monthly sales, according to March vehicle registration data. The manufacturer of BE 6 and XEV 9e sold 5,217 units of EVs the past month, narrowly ahead of JSW MG Motor's 5,113 units. For the financial year ended March 31, JSW MG Motor stayed at the second spot, show data from the government's Vahan portal. Long-time leader Tata Motors sold 8,224 electric vehicles in March, up 65% f ...Read More >
Gurugram : JSW MG Motor India recorded 19% Year-on-Year (Y-o-Y) growth in March 2026 compared to the same month in 2025.The company registered the sales figure of 6528 wholesale units, reflecting sustained momentum across its Internal Combustion Engine (ICE) and New Energy Vehicle (NEV) portfolios. In line with evolving market dynamics, JSW MG Motor India has announced a price increase of up to 2%* across its MG portfolio, effective April 1, 2026. This adjustment is intended to partially offset ...Read More >
New Delhi, Apr 1 (PTI) JSW MG Motor India on Wednesday reported a 19 per cent year-on-year rise in dispatches to dealers at 6,528 units in March. The wholesales for March reflected sustained momentum across its internal combustion engine (ICE) and new energy vehicle (NEV) portfolios, JSW MG Motor India said in a statement. The company said it will hike prices on the MG SELECT portfolio by up to 7 per cent, effective April 1, 2026, including flagship models such as the MG Cyberster and MG M9. ...Read More >
Hyderabad: JSW MG Motor India today announced the launch of the All-New MG Hector, marking a significant step forward in bold design, unrivalled comfort, pioneering technology and dynamic driving experience in the SUV segment at Automotive MG showroom at Bowenpally, Hyderabad. The All-New Hector features a striking exterior with a new front and rear bumper design, an all-new grille design, new alloy wheels, and offers two new colours - Celadon Blue and Pearl White. The interiors sport Dual Tone ...Read More >
Gurugram (Haryana) [India], November 20: JSW MG Motor India today announced that the MG Windsor has crossed the 50,000 sales milestone in just over a year, marking a historic achievement for the company. With this, the MG Windsor becomes India's first EV to cross the 50,000 sales mark in record time, reinforcing its leadership in India's 4W-EV segment. Also Read | Sri Lanka vs Zimbabwe Free Live Streaming Online, T20I Tri-Series 2025: How To Watch SL vs ZIM Cricket Match Live Telecast on TV in ...Read More >
Gurugram : JSW MG Motor India, a key contributor to India's 4W-EV growth story, today announced a landmark achievement of surpassing the 100,000 EV sales milestone in India. The auto-tech company has remained at the forefront of designing clean and intelligent mobility solutions for a sustainable future, offering not only smart products but also intuitive ecosystem-based solutions. This milestone is driven by the robust performance of the company's wide EV portfolio, which caters to varied cust ...Read More >
Gurugram : JSW MG Motor India reported monthly sales of 6728* units in September 2025, reflecting a year-on-year (YoY) growth of 34% compared to the 5021 units sold in September 2024. The company's growth was supported by the recent GST reduction and the onset of the Navratri festive season, both of which boosted customer sentiment and provided strong sales momentum. Both ICE and EV models of JSW MG Motor India contributed to this remarkable achievement. The recent GST reduction has delivered s ...Read More >
BENGALURU: Macquarie Asset Management (MAM) has raised $405 million for Vertelo, its fleet electrification platform in India, marking the firm's largest investment commitment in the electric vehicle (EV) sector in Asia.Vertelo was created and is operated by Macquarie Asset Management. The platform, launched in April 2024, provides integrated solutions to support EV fleet adoption, including leasing and financing, charging infrastructure, energy management, fleet operations, and end-of-life asset ...Read More >
Gurugram : JSW MG Motor India today announced that India's best-selling EV, the MG Windsor, has achieved another remarkable milestone. In July, the company set a new record for Windsor sales, selling 4,308 units in a single month. The carmaker has sold nearly 36,000 units of the MG Windsor since its launch. The robust sales performance has helped the company expand its market share in the EV Segment. In Q2 CY'25, the company recorded a 4% increase in market share, rising to 32% from 28% in Q1 C ...Read More >
Chennai, August 4: Vietnamese Electric Vehicle (EV) major VinFast on Monday officially inaugurated its assembly plant at Thoothukudi in Tamil Nadu, kicking off the move that will see a phased investment of up to Rs 16,000 crore. In its initial phase, the plant has a capacity to assemble 50,000 SUVs of its two premium electric SUV models -- the VF 6 and VF 7. The plant is scalable up to 150,000 units annually to meet the rising demand as the company aims to develop Thoothukudi as an export hub. ...Read More >
Ranchi (Jharkhand) [India], August 4 (ANI): The Jharkhand government declared a three-day state mourning, starting Monday, following the passing of the state's former Chief Minister and co-founder of Jharkhand Mukti Morcha, Shibu Soren. "In honour of the late Honourable former Chief Minister-cum-Rajya Sabha MP, the State Government has decided to observe 03 (three) days of state mourning from August 4 to August 6," the message from the Jharkhand government read. Also Read | Kerala Shocker: 47- ...Read More >
Thoothukudi, India. Vietnam's Vinfast on Monday began production at a $500 million electric vehicle plant in southern India's Tamil Nadu state, part of a planned $2 billion investment in India and a broader expansion across Asia. The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars. Given its proximity to a major port in one of India's most industrialized states, Vinfast hopes it will be a hub for future exports to the regi ...Read More >
Tura (Meghalaya), Aug 4 (PTI) An official of the Meghalaya Agriculture Department was swept away by strong currents of the Ganol River in West Garo Hills district while attempting to cross the water body during a family picnic, police said on Monday. The missing official, identified as Teseng M Sangma, was posted at Ampati in South West Garo Hills district and resided in staff quarters near Dolampong in Araimile police station area in Tura. Teseng had gone to Sella Wari near Ganol River for a ...Read More >
THOOTHUKUDI, India (AP) -- Vietnam's Vinfast is due to break ground Monday on a $500 million electric vehicle plant in southern India's Tamil Nadu state, part of a planned $2 billion investment in India and a broader expansion across Asia. The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars. Given its proximity to a major port in one of India's most industrialized states, Vinfast hopes it will be a hub for future exports t ...Read More >
THOOTHUKUDI, India (AP) - Vietnam´s Vinfast is due to break ground Monday on a $500 million electric vehicle plant in southern India´s Tamil Nadu state, part of a planned $2 billion investment in India and a broader expansion across Asia. The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars. Given its proximity to a major port in one of India's most industrialized states, Vinfast hopes it will be a hub for future exports to ...Read More >
Mumbai, Aug 4 (PTI) The rupee depreciated 11 paise to 87.29 against the US dollar in early trade on Monday, weighed down by sustained foreign fund outflows and concerns over trade tariffs. Forex traders said the weakness in the dollar index and easing crude oil prices supported the rupee at lower levels. At the interbank foreign exchange market, the rupee opened at 87.21 and fell to an early low of 87.29 against the American currency, registering a decline of 11 paise over its previous close. ...Read More >
New Delhi, India - Tesla is finally cruising in India, the world's third-largest car market, with the launch of its Model Y. The rollout marks the culmination of a decade-long, topsy-turvy journey. Showcased at its new showroom in Mumbai, India's financial capital, on Tuesday, Tesla's Model Y is now on sale for about $70,000, a price comparatively higher than in any other major market. Elon Musk's electric vehicle (EV) company is braving high tariffs and stiff competition in India's nascent bu ...Read More >
The M9 will be the second product that will be sold via MG's new 'Select' premium retail network, after the Cyberster. The electric MPV will arrive in India via the CKD (completely knocked down) route and is expected to be priced between Rs 65 to 75 lakhs (ex-showroom).MG Motor India is all set to launch the MG M9 EV luxury MPV on 21, July 2025. The bookings for the EV MPV are already underway, Interested customers can book it by paying a refundable token amount of Rs 51,000. Bookings can be mad ...Read More >
Mumbai, Jul 9 (PTI) JSW MG Motor on Wednesday said the global shortage of rare earth magnets, a key component in motors used for electric vehicles, has not impacted its production currently and is unlikely to impact it in the immediate future, but it is keeping a close watch on the developments. The company, which launched its first premium car showroom, MG Select, in Thane in the Mumbai Metropolitan region, also said that the curbs by China on the supply of magnets have been impacting not only ...Read More >
Mumbai, Jul 9 (PTI) JSW MG Motor on Wednesday said the global shortage of rare earth magnets, a key component in motors used for electric vehicles, has not impacted its production currently and is unlikely to impact it in the immediate future, but it is keeping a close watch on the developments. The company, which launched its first premium car showroom, MG Select, in Thane in the Mumbai Metropolitan region, also said that the curbs by China on the supply of magnets have been impacting not only ...Read More >
EV Market: India's electric vehicle market is undergoing a dramatic shift. Previously in Tata Motors' control, the segment is now experiencing intense competition following the tie-up of Mahindra and MG to corner a massive 53% share. Fresh sales figures from June 2025 reveal how competitors are reconfiguring the electric vehicle battle, forcing Tata to reevaluate its steps. 13,033 electric vehicles were registered in June 2025 in India. This is a whopping 78% rise over June 2024, though EVs sti ...Read More >
India's love for small cars is under pressure. Demand for hatchbacks has fallen sharply in the last two years, forcing the industry to rethink. Now reports suggest the government might soften fuel efficiency norms after automakers, especially Maruti Suzuki, raised concerns. If this change goes ahead, it could revive interest in compact cars. Maruti Suzuki remains one of India's top-selling brands, with bestsellers like Alto and WagonR ruling city roads for years. Earlier, these smaller models c ...Read More >
New Delhi: Passenger electric vehicle (EV) sales in India are expected to grow by around 40 per cent in 2025 to reach 1,38,606 units, up from 99,004 units in 2024, according to estimates released by market research and consulting firm Frost & Sullivan. Battery electric vehicles (BEVs) are expected to continue dominating the Indian EV market in 2025, while plug-in hybrid electric vehicles (PHEVs) are projected to account for only 0.1 per cent of sales. The report indicates that fuel cell electri ...Read More >
With the electric 2- and 3-wheeler, passenger and commercial vehicle segments registering robust sales and high double-digit YoY growth, highest-ever retail sales in May improve upon April 2025's 169,003 units and set the foundation for a fiscal which promises to achieve the 2-million milestone for the first time. But a spoiler looms ahead in the form of disrupted supplies of rare earth magnets from China, which could hamper production and impact sales later this year. In a significant developm ...Read More >
Pune: Maruti Suzuki, India's biggest car maker, on Friday said it aims to be the largest producer of electric vehicles in the country and make India the export hub over the next one year. The Japanese giant will take on EV market leader Tata Motors, Mahindra and MG Motor in the electric car game in the country. To realize its goals Maruti Suzuki, which unveiled its first electric SUV e-Vitara at the Bharat Mobility Global Expo 2025 in New Delhi on Friday, will introduce a range of six electric ...Read More >
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