India’s fast-evolving three-wheeler (3W) market, which serves as the backbone of last-mile connectivity, is experiencing a surprising stagnation in its most basic electric segment. While the overall industry has nearly doubled in size over the past six to seven years, driven largely by new electric entrants, the explosive growth of the entry-level electric rickshaw (e-rickshaw)… Continue reading Why India’s E-Rickshaw Boom Hit the Brakes: The L5 Upgrade Effect
Author: Autocar_Professional India Online News
Mahindra Introduces Racing-Inspired BE 6 Formula E Edition at ₹23.69 Lakh
Mahindra has launched the BE 6 Formula E Edition, positioning it as the world’s first Formula E-themed special edition SUV. The vehicle is priced at ₹23.69 lakh for the FE2 variant, with an FE3 version available at ₹24.49 lakh. Bookings for the limited-edition model open on January 14, 2026, with deliveries scheduled to begin a… Continue reading Mahindra Introduces Racing-Inspired BE 6 Formula E Edition at ₹23.69 Lakh
India Approves Rs 7280 crore Plan to Make Magnets for EVs. Here’s Why It Matters.
The Centre on Wednesday announced the approval of a key initiative designed to bolster India’s manufacturing prowess in materials crucial for automotive and other industries. The Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets has been sanctioned with a financial outlay of Rs 7,280 crore, signaling a major push toward self-reliance in a… Continue reading India Approves Rs 7280 crore Plan to Make Magnets for EVs. Here’s Why It Matters.
Cabinet Approves Rs 7,280 Crore Scheme for Rare Earth Magnet Manufacturing
The Union Cabinet has approved a Rs 7,280 crore scheme to promote manufacturing of sintered rare earth permanent magnets in India, marking the government’s first initiative to establish an integrated production ecosystem for these critical components. The scheme aims to establish manufacturing capacity of 6,000 metric tons per annum of rare earth permanent magnets through… Continue reading Cabinet Approves Rs 7,280 Crore Scheme for Rare Earth Magnet Manufacturing
Autorox and Bosch Announce Global Partnership for Automotive Aftermarket
Autorox and Bosch Mobility Platform and Solutions have announced a global strategic collaboration aimed at transforming vehicle repair and maintenance operations worldwide. Under the partnership agreement, Bosch Mobility Platform and Solutions will function as the exclusive global distributor for Autorox and Autozilla, two automotive aftermarket platforms founded by Vijay Gummadi. The collaboration targets digitally enabling… Continue reading Autorox and Bosch Announce Global Partnership for Automotive Aftermarket
Mahindra Racing Commits to Formula E’s GEN4 Era Until 2030
Mahindra Racing announced its commitment as a manufacturer to the GEN4 era of the ABB FIA Formula E World Championship, extending its participation until at least 2030 when the new generation begins in the 2026/27 season. The announcement, made during the unveiling of the team’s new M12Electro in India, continues a relationship that began in… Continue reading Mahindra Racing Commits to Formula E’s GEN4 Era Until 2030
Mahindra Electric SUVs Mark First Anniversary with 30,000 Units Sold
Mahindra has marked one year since launching its XEV 9e and BE 6 electric SUVs, announcing sales of over 30,000 units within seven months of market availability. The company reported achieving the number one position in revenue market share during H1 FY26, generating over Rs. 8,000 crore in sales revenue for its electric vehicle division.… Continue reading Mahindra Electric SUVs Mark First Anniversary with 30,000 Units Sold
Uno Minda Introduces Portable EV Wall Charger for Home Use
Uno Minda Ltd. has launched a portable EV wall charger designed for home and travel charging applications. The device addresses the growing demand for accessible charging infrastructure as electric vehicle adoption increases in India. The charger delivers 3.3kW charging output and incorporates IP65-rated protection against water and dust ingress. It supports all electric vehicles equipped… Continue reading Uno Minda Introduces Portable EV Wall Charger for Home Use
Yohan Poonawalla to Display Seven Rolls-Royce Phantoms at UAE Rally
Indian industrialist and classic car collector Yohan Poonawalla is set to make automotive history at the upcoming 1000 Miglia Experience UAE by presenting seven Rolls-Royce Phantom models spanning nearly a century of the marque’s production. The collection, which marks the first time seven Phantoms have been displayed together at a single global event, will be… Continue reading Yohan Poonawalla to Display Seven Rolls-Royce Phantoms at UAE Rally
Bajaj Auto Enters E-Rickshaw Market with Riki Launch
Bajaj Auto Ltd has announced its entry into India’s e-rickshaw market with the launch of Bajaj Riki, marking the company’s expansion beyond its traditional two-wheeler and three-wheeler businesses. The move comes as the e-rickshaw segment adds over 45,000 vehicles monthly, driven by growing demand for affordable last-mile transportation. The company is introducing two models: the… Continue reading Bajaj Auto Enters E-Rickshaw Market with Riki Launch