evs

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Big Push for Solar, EVs, Critical Minerals and Strategic Manufacturing in Budget 2026

The Union Budget 2026–27 has placed clean energy and manufacturing at the center of India’s growth strategy, unveiling targeted outlays, customs duty rationalization,...

February 1, 2026

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Rakesh Ranjan

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Finance and M&A

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Renewable Energy
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Luminous Enters Li-ion Battery Manufacturing with 500 MWh Assembly Line

Gurgaon-based energy solutions provider Luminous Power Technologies has inaugurated its first lithium-ion (Li-ion) battery assembly line at Baddi in Himachal Pradesh....

January 30, 2026

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Rakesh Ranjan

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Energy Storage

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Manufacturing
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Global Battery Demand Soars, but Margins Tighten on Overcapacity

The global lithium-ion (Li-ion) battery industry is at an inflection point characterized by rapid demand growth, falling prices, technological advancements, and...

January 20, 2026

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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Government Notifies Performance Standards for EVs Under PM E-DRIVE Program

The Ministry of Heavy Industries (MHI) has notified amendments to the Production-Linked Incentive (PLI) program for the automobile and auto components industry. The...

January 14, 2026

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Rakesh Ranjan

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Electric Vehicles

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Market & Policy
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Local Manufacturing Mandate for EV Parts May Cause Short-term Supply Gaps, Price Rise

The electric vehicle (EV) industry is bracing for a short-term price surge, as the Ministry of Heavy Industries (MHI) has mandated a 100% domestic content requirement...

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Trump Pauses Clean Energy Spending but IRA Tax Credits to Survive

Soon after assuming office as U.S. president, Donald Trump issued a raft of executive orders seeking to reverse his predecessor’s climate and energy agenda. One order...

January 27, 2025

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B.S. Nagaraj

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Other

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Renewable Energy
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Top Developments that Shaped the Electric Vehicle Industry in 2024

India has over 4.64 million registered electric vehicles (EV). The year 2024 saw EV adoption increase across all categories due to various incentives and subsidies...

December 30, 2024

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Melvin Mathew

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Electric Vehicles

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Grid

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Mercom Research Focus
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Solar Industry’s 2024 Budget Wishlist: Tax Cuts, GST Reforms and Fiscal Incentives

With India’s aggressive clean energy push likely to sustain the momentum it has seen in recent years, all eyes are on the Union Budget 2024 to be presented by...

July 19, 2024

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Gautamee Hazarika

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Mercom Research Focus

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Renewable Energy
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Daily News Wrap-Up: Shortage of Solar Modules Hits Projects with DCR Mandate

India’s ambitious push for solar energy is facing a significant hurdle: a shortage of domestically produced solar modules. Subsidy-supported residential rooftop...

July 12, 2024

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Mercom Staff

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Daily Wrap-up
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Copper Shortfall Threatens Green Energy Transition, Warns Report

Copper mining may be unable to keep pace with soaring demand for the metal that anchors the transition to electric vehicles and renewable energy sources, warns a report...

May 21, 2024

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Arshreet Singh

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Electric Vehicles

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Renewable Energy
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EV Logistics Firm BluWheelz Raises $1 Million in Bridge Funding

BluWheelz, a tech-enabled logistics firm with an electric vehicle (EV) fleet, received $1 million in a bridge funding round led by Venture Catalysts, an integrated...

April 22, 2024

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Staff

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Electric Vehicles
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New EV Policy Pushes Global Players to ‘Build in India’

The government, in a bid to promote India as a manufacturing destination for electric vehicles (EVs), is offering international manufacturers a reduced customs duty rate...

March 15, 2024

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Arshreet Singh

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Electric Vehicles
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New Technology May Help EV Batteries Charge Faster, Last Longer

Scientists at the U.S. National Renewable Energy Laboratory (NREL) have developed a new manufacturing process called BatMan that could improve electric vehicle (EV)...

February 27, 2024

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Arshreet Singh

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Technology
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Pure EV Raises $8 Million Funding to Expand Sales Network in India

Hyderabad-based electric vehicle (EV) manufacturer Pure EV has secured $8 million in the latest round of funding to help the company expand its sales network in India...

February 20, 2024

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Staff

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Electric Vehicles
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FAME-II Budgetary Outlay for Electric Vehicles Increased by $180.7 Million

The Ministry of Heavy Industries (MHI) has enhanced the budgetary outlay of the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles (FAME-II) program...

February 12, 2024

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Arshreet Singh

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Electric Vehicles

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Markets & Policy

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