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India, EU launch €15.2 million EV battery recycling call

India and the European Union (EU) have expanded their clean energy collaboration with the launch of a joint funding call focused on electric vehicle (EV) battery recycling technologies. Announced on May 5, 2026, the third coordinated call under the...

EIM launches 3 MW EV battery swapping station at Nhava Sheva port

Energy in Motion Limited (EIM), an associate of Ravindra Energy Limited, has commenced commercial operations at India’s largest battery swapping and charging station for heavy vehicles. The facility is located at the Nhava Sheva Freeport Container...

Ravindra Energy Q4 generation surges; EV unit posts loss

Ravindra Energy Limited reported a sharp rise in renewable energy generation in the fourth quarter of FY26, supported by new capacity additions, while its electric vehicle (EV) business continued to incur losses amid ongoing network expansion. The...

Ampvolts plans 17 EV charging hubs for freight corridors

Ampvolts Limited, formerly known as Quest Softech (India) Limited, has announced plans to develop and operate 17 high-capacity electric vehicle charging hubs across industrial and logistics corridors in Western India. The initiative is being...

Rocklink India launches lithium-ion and rare earth recycling plant in UP

Rocklink India, a wholly owned entity of the Rocklink group, has inaugurated its first integrated recycling facility in India at the UPSIDC Industrial Area in Sikandrabad, Uttar Pradesh, focused on lithium-ion batteries, rare earth magnets, and...

Shakti Pumps invests Rs 10 crore more in EV arm

Shakti Pumps (India) Limited has infused an additional Rs 10 crore into its wholly owned subsidiary, Shakti EV Mobility Private Limited, through the subscription of 1,00,00,000 equity shares at a face value of Rs 10 each. The transaction was...

Energy in Motion signs MoU to deploy 1,000 electric trucks

Energy in Motion Limited (EIM), an associate venture of Ravindra Energy Limited, has signed a Memorandum of Understanding (MoU) with EV leasing platform Drivin to deploy around 1,000 heavy-duty electric trucks across India over the next two years...

Delhi releases draft EV policy 2026 with phased mandates, incentives

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...

MegaCharge ties up with NHEV for 660 EV charging points

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...

Exicom commissions Hyderabad plant for EV and power electronics

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...

Ashok Leyland begins construction of EV battery pack plant near Chennai

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...

Indigenous 30 kW EV drive system unveiled at IIT Madras

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...

Axis Bank partners with Tesla to offer EV financing in India

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)...

Karnataka plans EV City near Bengaluru

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...

Drivn secures up to $80 million from Nomura for electric bus, truck rollout

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...

Epic Energy ties up with REFNIC for lithium-ion battery recycling facilities

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...

GreenCell Mobility raises $89 million to scale electric bus operations

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...

Concord unit wins Rs 47 crore NTPC hydrogen locomotive contract

Concord Control Systems Limited has secured a historic contract, valued at Rs 47 crore, to develop the world’s highest-horsepower green hydrogen hybrid locomotive. The project, awarded to its subsidiary Advanced Rail Controls Private Limited by NTPC...

India begins trials of first hydrogen powered train

India has commenced trial runs of its first hydrogen-powered train, a significant step toward cleaner rail transport. The testing is being conducted by the Research Designs & Standards Organisation (RDSO) on the Jind-Sonipat section of Northern...

Ashok Leyland opens UP’s first electric bus manufacturing facility

Defence Minister Rajnath Singh inaugurated Hinduja Group flagship Ashok Leyland’s integrated electric vehicle manufacturing plant in Lucknow, marking a major expansion of the company’s electric and alternative fuel vehicle production capacity. The...

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