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EV penetration in luxury car segment dips in GST 2.0 era as conventional engine version gains traction

EV penetration in luxury car segment dips in GST 2.0 era as conventional engine version gains traction

by AIP Online Bureau | Jan 4, 2026 | Data, Technology

Santosh Iyer,Managing Director and CEO,Mercedes-Benz India While the trend is also visible in the mass market segment, it is the entry luxury segment that is witnessing a more marked shift towards internal combustion engine (ICE) vehicles as price difference between...
India’s Auto Sector-2025: EV momentum, premiumisation and engineering innovation

India’s Auto Sector-2025: EV momentum, premiumisation and engineering innovation

by AIP Online Bureau | Dec 31, 2025 | Articles, Eco/Invest/Demography, Non-Life, Technology

Ajinkya Firodia, Vice Chairman and Managing Director of Kinetic Watts & Volts Ltd., said 2025 was a defining year for India’s electric scooter ecosystem.EV penetration in scooters crossed an all-time high of 16 per cent during the year. Also policy support,...
India’s EV retail sales rise across segments in October amid passenger and commercial drove growth

India’s EV retail sales rise across segments in October amid passenger and commercial drove growth

by AIP Online Bureau | Nov 8, 2025 | Data, Eco/Invest/Demography, Non-Life, Technology

According to the latest data from the Federation of Automobile Dealers Associations (FADA), the electric passenger vehicle (PV) segment experienced a strong 57.5 per cent year-over-year increase in retail sales, with 18,055 units sold, up from 11,464 units in October...
Elon Musk’s $1 trillion Tesla pay plan wins shareholder approval

Elon Musk’s $1 trillion Tesla pay plan wins shareholder approval

by AIP Online Bureau | Nov 7, 2025 | International News, Technology, Wealth Management/ Philanthropy

Tesla CEO Elon Musk made a string of promises on stage – from, in April, beginning production of the Cybercab, its 2-seater steering-less robotaxi, to unveiling its next-generation Roadster electric sports car SAN FRANCISCO: Tesla CEO Elon Musk won shareholder...
Govt releases guidelines for setting up EV charging stations under PM E-DRIVE

Govt releases guidelines for setting up EV charging stations under PM E-DRIVE

by AIP Online Bureau | Sep 28, 2025 | Indian News, Policy, Technology

Government premises such as offices, residential complexes, hospitals, and educational institutions will receive 100 per cent subsidy on both upstream infrastructure and EV charging equipment, provided the chargers offer free public access New Delhi: The Centre has...
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