OPG Mobility looks to raise Rs 400 crore; gets into product portfolio, network expansion drive – Times of India

NEW DELHI, Electric vehicle maker OPG Mobility, formerly Okaya EV, is seeking to raise around Rs 400 crore within the next 18-24 months to fuel its growth plans as it…

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Magenta Mobility to add 10,000 EVs over next fiscal; to expand to new cities – Times of India

MUMBAI: Electric mobility firm Magenta Mobility on Monday said it plans to add 10,000 electric vehicles -- both three and four-wheelers -- over the next financial year and is also…

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Volkswagen, Chinese partner SAIC to sell joint venture plant in west China’s Xinjiang – Times of India

BANGKOK: Volkswagen and Shanghai's SAIC Motor have agreed to sell a factory in China's far western Xinjiang region that drew criticism due to accusations by western governments of human rights…

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Will explore electric vehicle export opportunities: Hyundai Motor India – Times of India

NEW DELHI: IPO-bound Hyundai Motor India Ltd will explore opportunities for exporting its upcoming electric vehicles from the country to other similar markets to enhance its position as a production…

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Any changes to GST on EVs will slow down adoption of green cars: Mercedes MD Santosh Iyer – Times of India

New Delhi: Mercedes-Benz, the country’s biggest luxury carmaker, said on Wednesday that any changes to GST rates on electric vehicles will have an impact on the investment and employment of…

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Chinese EV giant BYD refuses to invest under India’s EV Policy, opts for importing cars – Times of India

NEW DELHI: A year after its plan to invest $1 billion investment proposal was rejected by govt, BYD on Tuesday said it will depend on an “import-only strategy” and refrain…

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