While PM E-DRIVE offered a two-year allocation of ₹10,900 crore in 20241, such programmes overlook the long-term economics that can sustain manufacturing. The Union Budget 2026-27 offers an excellent opportunity to shift EV policy focus from demand-centric subsidies and, instead, boost manufacturing, supply chains and cost economics for sustainable growth. This is crucial as subsidy… Continue reading Why the Union Budget 2026 must shift focus from EV adoption to EV economics
Tag: Mobility
Himachal transport revenue jumps 73% to ₹2,597 crore on digital, green mobility push
The finance department’s 2024-25 memorandum ranked the transport department second in state revenue collection, after the state taxes and excise department. Himachal Pradesh transport department generated ₹2,597 crore in revenue from Jan 2023 to Dec 2025, an increase of ₹1,098 crore (approximately 73 per cent) compared to the previous BJP govt, deputy chief minister Mukesh… Continue reading Himachal transport revenue jumps 73% to ₹2,597 crore on digital, green mobility push
Koovers Expands Siliguri Aftermarket Presence With Genuine Spare Parts
KRSV Innovative Auto Solutions Private Limited, operating as Koovers and a subsidiary of Schaeffler India Limited, continues to strengthen India’s automotive aftermarket ecosystem with institutional backing and a long-term commitment to modernizing spare parts distribution. The company is expanding its reach in strategically important markets including Siliguri, Patna, and Kolkata. Siliguri Market Expansion Since December… Continue reading Koovers Expands Siliguri Aftermarket Presence With Genuine Spare Parts
Matter plans e2Ws across five segments by 2030, including scooters
Ahmedabad-based electric motorcycle startup Matter Motor plans to expand its product offerings across five two-wheeler segments over the next 3–4 years, including a debut in the fast-growing electric scooter space. Founded in 2019 by Mohal Lalbhai, Arun Pratap Singh, Saran Babu and Prasad Telikapalli, Matter’s product portfolio currently revolves around a single electric motorcycle —… Continue reading Matter plans e2Ws across five segments by 2030, including scooters
VinFast Asia CEO Says India Central to Company’s Long Term Asia Strategy
Pham Sanh Chau, CEO of VinFast Asia, has called India a long-term strategic market and a “second home” for the Vietnamese electric vehicle maker, as the company completes one year of operations in the country. Signalling that the company’s India entry is not aimed at short-term volumes but at sustained, ecosystem-led growth, Chau said the… Continue reading VinFast Asia CEO Says India Central to Company’s Long Term Asia Strategy
Uber to Double Premium Black Fleet in India This Year
Uber announced plans on Tuesday to double the size of its Uber Black premium vehicle fleet in India during 2026, expanding the service’s presence in Delhi, Mumbai, and Bengaluru. The expansion targets riders seeking rides in higher-end vehicles with top-rated drivers. The company said it is responding to growing demand for premium mobility options in… Continue reading Uber to Double Premium Black Fleet in India This Year
@BMW: Rétromobile Paris: Celebrating 50 Years of the BMW Art Car Collection. The BMW Art Car World Tour continues in 2026, kicking off in Paris, at one of the world’s most prestigious classic car shows.004534
Munich/ Paris. The BMW Art Car World Tour, a celebration of the fusion between art and automotive innovation, marked the 50th anniversary of the BMW Art Car Collection in 2025 with an extraordinary journey across five continents. Featuring over 45 stops in more than 30 countries, the tour captivated hundreds of thousands of visitors with… Continue reading @BMW: Rétromobile Paris: Celebrating 50 Years of the BMW Art Car Collection. The BMW Art Car World Tour continues in 2026, kicking off in Paris, at one of the world’s most prestigious classic car shows.004534
Datarails Raises $70M Series C Led by One Peak to Make AI the Foundation of the CFO’s Office
The company’s unique approach is built around making AI the foundation of the CFO’s Office, while enabling finance teams to continue using Excel – by far their core software of choice. The new funding will be used to accelerate Datarails’ geographic expansion across North America and EMEA, further increase investment in R&D, and open up… Continue reading Datarails Raises $70M Series C Led by One Peak to Make AI the Foundation of the CFO’s Office
C5i Launches Enterprise-Grade Platform Agent5i to Unlock Business Value at Scale
The new enterprise-grade platform establishes a governance-first foundation, empowering businesses to integrate autonomous agents and confidently scale mission-critical workflows securely. DUBAI, UAE, Jan. 21, 2026 /PRNewswire/ — AI and analytics company, C5i, today announced the launch of Agent5i, its enterprise-grade platform designed to help organizations confidently operationalize and scale agentic AI across their business. Purpose-built… Continue reading C5i Launches Enterprise-Grade Platform Agent5i to Unlock Business Value at Scale
Opaia Launches Angola’s Only Car Assembly Plant
LUANDA, Angola, Jan. 21, 2026 /PRNewswire/ — Opaia, Angola’s leading diversified group of companies focused on value creation throughout Africa, is pleased to announce the launch of Opaia Motors – Angola’s only domestic producer of quality, affordable, commercial and private cars and buses. This new industrial platform marks a milestone for Angola’s transport sector, strengthening national… Continue reading Opaia Launches Angola’s Only Car Assembly Plant