To secure EV-era inputs, the Rare Earth Permanent Magnets initiative will be supported through dedicated Rare Earth Corridors in Odisha, Kerala, Andhra Pradesh and Tamil Nadu to promote mining, processing, R&D and manufacturing.

The auto PLI scheme, approved in September 2021 targets Advanced Automotive Technology vehicles and components.

Kia's sales momentum in January was driven by consistent demand across its portfolio.

The second phase of the India Semiconductor Mission has a ₹1,000 crore budget.

Nirmala Sitharaman announced an extension of basic customs duty exemption on capital goods used for manufacturing lithium-ion cells for battery storage.

Better energy storage means a more stable grid, more reliable fast-charging networks, and lower long-term infrastructure costs — all essential ingredients for mass EV adoption.

Mahindra sold 63,510 utility vehicles in the domestic market during January.

Hyundai registered its highest-ever domestic sales in January at 59,107 units, growing by 9.5 per cent year-on-year over 54,003 units sold in January 2025.

Domestic passenger vehicle sales stood at 70,222 units during the month, up 46 per cent from the same period last year.

Vinfast recently confirmed its product strategy for India which involved the development of six electric scooters, specific to the needs of the domestic market.