Mahindra & Mahindra (M&M) is gearing up to launch an electric version of KUV100 by next year, apart from expanding the existing product range currently offered for its entry-level models of KUV100 and TUV300.

PM Modi did not announce the highly anticipated FAME 2 scheme that is expected to lay down fiscal incentives for electric cars, two wheelers and charging stations.

Country's largest carmaker, Maruti Suzuki India, on Friday unveiled its first electric vehicle prototype and said  that it will commence a nation-wide fleet testing of EV prototypes.

The two-day summit will see over participation from over 2000 industry giants like Mahindra and Mahindra, Hero MotoCorp, Maruti Suzuki, and several other stakeholders from research, academia and civic society.

Under phase 2 of the FAME scheme, the government expects to see an eight-fold increase in the sale of EVs.

Global factors behind rupee fall, no need for knee-jerk reaction: JaitleyFinance Minister Arun Jaitley yesterday attributed the fall in rupee to global factors and said there was no need for panic or knee-jerk reactions. He said the Reserve Bank is doing whatever is necessary to deal with the situation.The battered rupee has lost 165 paise in the last six trading sessions. Jaitley further said the dollar has strengthened against almost every other currency and added that the rupee...

Since October 2017, General Motors has launched three new EV cars -- the Buick Velite 6 EV, Baojun E200 and Cadillac CT6 Plug-In -- for China.

The current decision is in contrast with the Centre's earlier stance of avoiding the additional financial burden that the government would incur in incentivising buyers under the second phase of the Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) scheme.

How Jaguar Land Rover went from contributing half of the Tata group's profits to recording a huge loss. And whether it can turn around quickly.

MD Harshbeena Zaveri said unlike its competitors, the company looks at generating more profitability.

Tata Nano will be produced only if the manufacturing facility receives a confirmed order from a buyer, says reports. Just one unit of Nano was produced in June and the company sold just three cars in the domestic market.

Greg Moran, the CEO and co-founder of India's largest self-drive car rental platform Zoomcar talks about partnership with Mahindra, and why the government had to water down its 2030 vision for electric vehicles.

It's no secret that we Indians love our SUVs. And with some new entrants slated to make an appearance during the remainder of 2018 or soon after, there remains no dearth of choices for SUV enthusiasts.

The Centre is preparing a fresh policy for promoting EVs that will first look at creating favourable ecosystems in nine polluted cities with a population of over four million.

The maker of Reva, India's first electric car, Chetan Maini and Uday Khemka's SUN Mobility has joined hands with American tech giant Microsoft to build a smart network to effectively deploy its universal energy infrastructure.

Govt may levy higher tax on petrol, diesel cars to promote electric vehicles: ReportIf the finance ministry has its way, then petrol and diesel cars might get more expensive in the near future. According to Mint, the government is considering a proposal to impose a marginally higher tax on conventional cars in an effort to push electric vehicles (EVs).Connaught Place is one of the world's 10 most expensive office markets: ReportAccording to property consultant CBRE, New Delhi's Conn...

Petrol and diesel cars might get more expensive in the near future, if the finance ministry has its way.

Mahindra Electric, a sub-division of the Mahindra Group, has collaborated with Zoomcar, a self-drive car rental company headquartered in Bangalore, to offer 50 e2oPlus electric vehicles in Pune for self-driving as well as renting.

SBI in process to shut 9 foreign offices as part of rationalisation: MDState Bank of India (SBI) has closed six foreign branches and is in the process of closing down another nine branches as part of rationalisation of overseas operations, said Managing Director Pravin K Gupta. SBI, country's largest lender, has operations in about 36 countries with nearly 190 branches. Not all the branches in the foreign locations are full-fledged offices, he said, adding that in countries like B...

Out of the first lot 500 electric vehicles in the first phase, Tata Motors was to supply 350 units of its e-Tigor and Mahindra & Mahindra got the order for 150 cars.