Tag

Electric Vehicles

12 articles
Ola Electric’s Q1 FY27 results highlight the ongoing challenges facing EV manufacturers in India, even amidst substantial government support for the sector. While revenue from operations reached INR 455 crore, a consolidated net loss of INR 336 crore underscores the significant operational cash outflows and the need for continued funding. The qualified review report regarding the PLI scheme provision reflects scrutiny around compliance and approval processes, potentially impacting future incentives, and the recent INR 780 crore equity infusion demonstrates efforts to bolster liquidity and maintain operational viability. Investors should monitor Ola Electric’s ability to navigate regulatory hurdles and achieve profitability as the company scales production and expands its market presence.
Fiem Industries Q1FY27 Revenue Up 18.6%
Fiem Industries reported Q1FY27 sales growth of 18.6% to ₹769.9 crore with stable EBITDA margin of 13.5%. Management provided full-year revenue guidance of 15-20% growth and an EBITDA margin target of
India's Electric Vehicle Ecosystem Growth and Policy Support
India's EV sales grew 46x since 2016 to 2.3 million units in 2025, with exports surging from $1.2M to $84M between 2020-2024. Government schemes including PM E-DRIVE (₹10,900 crore), PLI-Auto (₹2,377
Olectra Greentech Q1 FY26 Earnings Call Recording
Olectra Greentech uploaded audio recording of Q1 FY26 un-audited financial results conference call held on August 17, 2026. The disclosure was made pursuant to SEBI Listing Regulations Regulation 30 r
Mahindra BE 6 SPORTEQ Electric SUV Launch
Mahindra Electric Automobile Limited launches BE 6 SPORTEQ electric SUV series starting at ₹11.45 Lakh with Battery as a Service option. New series features six TEQ Suites powered by MAIA AI architect
Ravindra Energy Renewable & EV Business Update Q1 FY27
Ravindra Energy operates 261.2 MWp renewable capacity with 877.8 lakh KWh generation in Q1 FY27, up significantly YoY. Electric vehicle subsidiary EIM reported Q1 revenue of ₹427.9 million with PAT lo
TVS Motor Company Launches TVS Orbiter EV in Sri Lanka
TVS Motor Company launched its TVS Orbiter electric scooter in Sri Lanka, expanding its global EV portfolio. The scooter features a 158 km IDC range, 3.1 kWh battery, 14-inch front wheel, and advanced
Ather Energy EGM Approves Preferential Share Issue
Ather Energy held an EGM on August 14, 2026 via video conference to seek shareholder approval for a preferential issue of equity shares and convertible warrants. Shareholders approved the special reso
Ather Energy EGM Approves Preferential Issue
Ather Energy held an EGM via video conference to seek shareholder approval for a preferential issue of equity shares and convertible warrants. The meeting was conducted in compliance with MCA and SEBI
Ola Electric Q1 FY27 Revenue Up 72% Sequentially
Ola Electric submitted transcript of Q1 FY27 earnings call held on August 7, 2026, discussing unaudited financial results. Company reported 72% sequential auto revenue growth to ₹455 crore with 30.5%
Parliamentary Committee Recommends Next-Gen Bus Transport Reforms
Parliamentary Committee presents 392nd report with 10 key recommendations for transforming India's bus transport system towards inclusivity, digitalization, and sustainability. Key proposals include r
MHI Reports 67,657 EV Chargers Installed Nationwide
FAME-II scheme supported sale of 16.72 lakh EVs and deployment of 5,299 e-buses with ₹11,500 crore outlay. PM E-DRIVE scheme incentivizes 28.30 lakh EVs with ₹10,900 crore budget, including 14,000 all
Parliamentary Committee Proposes Next-Gen Bus Transport Reforms
Parliamentary Committee recommends replacing All India Tourist Permit with All India Passenger Permit within one year, enforced electronically. Proposes National Bus Digital Grid with unified booking,