Electric Mobility

News and insights on electric vehicles, charging infrastructure, battery technology, and government policies accelerating transport electrification.

India | Electric Mobility | News

Delhi releases draft EV policy 2026 with phased mandates, incentives
By April 15, 2026April 15, 2026

The Government of the National Capital Territory of Delhi has released the draft Delhi Electric Vehicle Policy 2026. The policy, proposed to remain in force until March 31, 2030, aims to accelerate electric vehicle (EV) adoption across segments, expand charging infrastructure, and improve air quality through a mix of mandates and financial incentives. The draft provides purchase incentives for electric two-wheelers, three-wheelers, and N1 category goods vehicles, with benefits tapering over three years. Electric two-wheelers…

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India | Electric Mobility | News

MegaCharge ties up with NHEV for 660 EV charging points
By April 10, 2026April 10, 2026

MegaCharge, the electric vehicle (EV) charging arm of Mega Nirman & Industries Limited, has partnered with the National Highways for Electric Vehicles (NHEV) initiative to deploy 660 charging points along a planned 5,500 km e-highway corridor across India. NHEV covers 26 national highways and expressways across 14 states and is structured under the Annuity Hybrid E-Mobility (AHEM) model, which combines participation from government entities, public sector undertakings (PSUs), and private players. The corridors are being…

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India | Electric Mobility | News

Exicom commissions Hyderabad plant for EV and power electronics
By March 18, 2026March 18, 2026

Exicom Tele-Systems Limited has commenced commercial production at its integrated manufacturing facility in Raviryala Village, Ranga Reddy District, Hyderabad, on March 16. The facility is the company’s largest manufacturing investment to date, developed at Rs 216 crore. Trial production had begun in November 2025, followed by stabilisation and transition to full operations. The facility spans 18.4 acres with a built-up area of 2,80,000 sq ft. It manufactures EV battery charging stations, EV chargers, lithium-ion (Li-ion)…

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India | Electric Mobility | News

Ashok Leyland begins construction of EV battery pack plant near Chennai
By March 13, 2026March 13, 2026

Ashok Leyland Limited has started construction of a greenfield battery pack manufacturing facility at Pillaipakkam near Chennai. The project involves an investment of Rs 400–500 crore and forms part of the commitments made under a memorandum of understanding (MoU) signed between the Hinduja Group and the Government of Tamil Nadu in September 2025. The facility is aimed at localising electric vehicle (EV) battery pack production and strengthening the EV supply chain in India, while also…

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India | Electric Mobility | News

Indigenous 30 kW EV drive system unveiled at IIT Madras
By March 6, 2026March 6, 2026

An indigenously developed 30 kW Wide Band Gap (WBG)-based Integrated Drive System (IDS) for electric vehicle applications has been launched in Chennai. The technology was unveiled by S. Krishnan, Secretary of the Ministry of Electronics and Information Technology (MeitY), at the Indian Institute of Technology Madras (IIT Madras). The system has been developed by the Centre for Development of Advanced Computing (C-DAC), Thiruvananthapuram, in collaboration with IIT Madras and Lucas TVS. The development was carried…

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India | Electric Mobility | News

Axis Bank partners with Tesla to offer EV financing in India
By March 6, 2026March 6, 2026

Axis Bank Limited has partnered with Tesla as a preferred financier to provide customised auto loan solutions for customers purchasing the electric vehicle manufacturer’s cars in India. The collaboration aims to simplify electric vehicle (EV) financing through tailored repayment options and a digital onboarding process, according to a joint announcement issued on March 4. Under the partnership, Axis Bank will offer curated auto loan products designed for customers purchasing Tesla vehicles in the premium EV…

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India | Electric Mobility | News

Karnataka plans EV City near Bengaluru
By February 6, 2026February 6, 2026

The Government of Karnataka has announced plans to develop a large scale Electric Vehicle (EV) City near Bengaluru to strengthen the state’s electric mobility and advanced battery technology ecosystem. The proposal was outlined during an industry consultation chaired by Karnataka Minister for Rural Development and Panchayat Raj Priyank Kharge. The meeting was attended by representatives from more than 30 electric vehicle and battery technology companies. The proposed EV City is planned on around 100 acres…

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India | Electric Mobility | News

Drivn secures up to $80 million from Nomura for electric bus, truck rollout
By February 4, 2026February 4, 2026

Drivn, a Gurugram based electric mobility startup, has secured financing commitments of up to $80 million from global financial services group Nomura. The funding will support the first phase of deploying close to 1,000 electric buses and trucks for inter city and heavy transport operations. Founded in 2023 by Manav Bansal and Alpna Jain, Drivn operates a full stack platform that acquires, owns, and leases commercial electric vehicles. Its business model integrates asset leasing with…

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India | Electric Mobility | News

Epic Energy ties up with REFNIC for lithium-ion battery recycling facilities
By February 4, 2026February 4, 2026

Epic Energy Limited has entered into a technical collaboration with REFNIC, a brand operated by Zetrance Technology, to set up lithium ion battery recycling and second life application facilities. The project will be implemented through Epic Energy’s special purpose vehicle, Swachchha Urja Nirman LLP (SUN LLP). Under the arrangement, REFNIC will act as the technical partner and will be responsible for the design, engineering, integration, installation, and commissioning of the facilities. Epic Energy plans to…

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India | Electric Mobility | News

GreenCell Mobility raises $89 million to scale electric bus operations
By January 23, 2026January 23, 2026

GreenCell Mobility, the electric bus platform of Eversource Capital, has raised $89 million in mezzanine funding from the International Finance Corporation (IFC), British International Investment (BII), and Tata Capital. The funding will support the expansion of its electric bus fleet to 3,700 buses across multiple Indian states and union territories. The mezzanine capital, which combines debt and equity features, will be used to deploy buses on intra-city routes in Delhi, Madhya Pradesh, Andhra Pradesh, Bihar,…

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