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The Latest Breaking News from electric vehicle

EV penetration may rise to 10-12% of total sales in FY27: Ind-Ra report

India's electric vehicle sales are projected to reach ten to twelve percent this fiscal year. E-two-wheelers will drive this adoption, supported by lower operating costs. Electric three-wheelers will remain the most electrified category with attractive economics. Electric passenger vehicles will see robust growth from a small base. Future growth depends…

The Economic Times

Government fine-tuning EV promotion plan

The Thai government is reviewing a 24-billion-baht plan to replace up to 80,000 ageing commercial vehicles with EVs and evaluating whether it should ‌be extended to cover passenger electric vehicle purchases as part of the country’s energy-transition efforts.

Bangkok Post

Tesla Q2 Preview: Could This Be ‘The One That Helps Turn Things Around’?

Electric vehicle giant Tesla Inc (NASDAQ:TSLA) could highlight its progress in robotaxis, FSD and humanoid robots when the company reports second-quarter financial results Wednesday after market close.

Benzinga

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The most extraordinary rock on Earth isn't gold or diamond, but the metal is small enough to hold in your hand. Powerful enough to power a city

A plain-looking lithium rock is now more valuable to the modern economy than its appearance suggests. Hidden inside are critical minerals that power electric vehicle batteries, smartphones, renewable energy storage, and America's growing clean energy network. The U.S. Geological Survey classifies lithium as a critical mineral because demand continues to…

The Economic Times

General Motors lifts 2026 outlook despite hit from electric retreat

General Motors raised its full-year profit forecast on Tuesday after reporting solid quarterly results on strong vehicle pricing that offset a hit from costs tied to winding down electric vehicle investments. The big US automaker reported $1.3 billion in profits, down 31 percent from the year-ago period.

The Economic Times

Electric vehicles are built different. Australia needs better data to get the most out of the shift

In 2019, China was a minor player in Australia’s car market. Seven years later, it’s now the biggest supplier of new vehicles overall – including about 80% of Australia’s electric vehicles (EVs). The shift to EVs has accelerated markedly this year amid oil price spikes.

The Conversation

Tesla Stock in Focus as It Expands German Production Ahead of Earnings

Tesla (NASDAQ:TSLA) stock will be in focus this week as the electric vehicle giant reports its financial results. The shares have fallen nearly 25% to around $380 after peaking at almost $500 in December last year.

Benzinga

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Ross Gerber Says EVs Can Reduce Oil Dependence, Emissions and Global Conflicts: 'Say No To War Over Oil'

On Saturday, investor Ross Gerber renewed his support for electric vehicles, arguing that Global electric vehicle (EV) adoption could help reduce oil dependence, lower emissions and reshape the future of global transportation.

Benzinga

Goa govt plans up to 50% subsidy on EVs for bike taxi, autorickshaw operators

The Goa government will offer up to a 50% subsidy on electric vehicles for licensed motorcycle pilots and autorickshaw operators, while setting up 70 new EV charging stations to boost clean mobility.

The Economic Times

CAFE III norms signal faster EV shift in India while balancing automakers concerns: Nomura

CAFE refers to government regulations that require automakers to meet a specific average level of fuel economy or CO₂ emissions across their entire fleet of vehicles sold in a year. Under the draft notification, compliance will be evaluated over FY28-30 and FY30-32, giving manufacturers additional time to phase in electric…

The Economic Times

Call for more local parts in electric cars

Automotive leaders are urging the government to promote greater use of locally sourced auto parts in electric vehicle (EV) manufacturing to protect the country's supply chain against cheap imported EVs.

Bangkok Post

Kia Syros EV unveiled with assured buyback: Pre-bookings open today at Rs 25,000; check features, range, battery, charging time, colours and more

Kia Syros EV unveiled: Kia India has unveiled its second electric vehicle, the Syros EV, for the Indian market. Pre-bookings are now open for the electric SUV, which offers two battery pack options. The vehicle boasts an ARAI-certified range of up to 526 kilometers on a single charge. Kia is…

The Economic Times

20 years ago, China bet big on electric vehicles. Now Western carmakers are feeling the pain

In Germany, Japan and the United States, famous carmakers are in trouble. One reason is intense competition from Chinese electric vehicle manufacturers – and growing public demand for EVs. The automakers who dominated the 20th century have largely failed to shift to electric.

The Conversation

The EV Market Was Struggling. Then Gas Prices Changed Everything

EV sales rebounded during the second quarter of 2026, suggesting the industry's prolonged downturn may be easing even after the federal electric vehicle tax credit expired last year.

International Business Times

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The Independent UK

What is the new pay-per-mile tax for electric vehicles and how will it work?

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The Independent UK

UK confirms pay-per-mile tax start date for electric vehicle drivers

The Government says that the new eVED system will be calculated through the use of driver mileage estimates

Benzinga

Gavin Newsom Unveils $3,500 California EV Rebate, Says State Is Filling 'Void Left by Trump'

Gov. Gavin Newsom (D-CA) officially launched California’s Zero Emission Vehicle (ZEV) rebate program on Monday, targeting first-time buyers with an instant $3,500 discount on electric vehicles, part of the SB 168 bill in California.

Bangkok Post

EV dealers must give 'accurate info'

The government has ordered stricter nationwide oversight of electric vehicle (EV) sales, requiring dealers to provide complete and accurate product information as the EV market continues to expand and consumers increasingly purchase high-value vehicles.

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The Economic Times

The numbers behind India's electric mobility boom: A 12-fold leap in a 30 mn EV market

India's electric vehicle market is set for substantial growth by 2032. Sales are expected to rise significantly, driven by consumer appeal and policy support. Electric two-wheelers and three-wheelers will continue to dominate the market share. Battery demand will also scale sharply, reflecting increased adoption and pack sizes. The domestic component…

The Economic Times

Exide's Bengaluru lithium-ion cell plant to generate revenue from Q3: CEO

Exide Industries expects its Bengaluru lithium-ion cell plant to generate revenue from the third quarter. The company has invested significantly and will invest more to complete the first phase of this project. Initially, the plant will supply domestically manufactured battery cells for electric vehicles and energy storage. Commercial supplies for…

The Economic Times

India's EV components opportunity to hit Rs 3.55 lakh crore by 2032 amid localisation push

India's electric vehicle components market is projected to grow significantly. This market is expected to reach approximately Rs 3.55 lakh crore by 2032. Battery packs will dominate over half of this component market. However, battery packs and inverters remain import-dependent segments. Strategic investments will secure India's global EV value chain…

Benzinga

Rivian Wants More Cash — And So Does This Early R2 Buyer, At $20K Over Sticker

Rivian Automotive (NASDAQ:RIVN) stock is trading lower over the past week with news the company was raising $1.2 billion via an offering of 75 million shares. It turns out it’s not just the company trying to raise money after initial deliveries of the R2 vehicle, one early owner of the…

The Economic Times

EV retail sales at all-time high of 3,06,220 units in June, penetration cross 12 pc: FADA

Electric vehicle retail sales in India reached an all-time high of 3,06,220 units in June. This growth pushed overall EV penetration past twelve percent for the first time, says the Federation of Automobile Dealers Associations. The two-wheeler segment led this surge, registering substantial year-on-year increases. Electric passenger and commercial vehicles…

International Business Times

Rivian Raised $1.5 Billion With 75 Million-Share Offering. Its Stock Still Sank

Rivian Automotive shares plunged more than 10% on Tuesday after the electric vehicle maker announced plans to sell 75 million new shares of common stock in a public offering.

TechRadar

Modern EV batteries are more durable than you think, new study reveals — most electric cars still have 95% of their original range after 5 years

Electric vehicle batteries are lasting far longer than expected – but used EVs still have one major trust problem

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