On August 28, Ola Electric launched the S1Z electric scooter range with prices starting at INR 80 thousand and going up to INR 100 thousand. The S1Z is the company’s first scooter range to use its indigenously developed Bharat Cell LFP battery technology and is developed at its Battery Innovation Centre and manufactu

 On August 28, Ola Electric announced that it has received a sanction order from the Ministry of Heavy Industries for INR 958.1 million (INR 958,091,273) under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto). The incentive relates to the demand incentive for FY 2026-27 (ending Mar

On August 28, Ather Energy launched the Konarc electric scooter at its fourth Community Day. Built on the new EL platform, it will be available in six variants across the S and Z product lines, with claimed IDC range options from 100 km to 200 km. It features onboard and combined charging, which can reduce home-charg

On August 27, India Yamaha Motor launched the YZF-R2 motorcycle for a starting price of INR 230,500. The motorcycle is Yamaha’s first model in the 200cc segment. The YZF-R2 is powered by a newly developed 204cc, liquid-cooled, single-cylinder engine producing 26.5 PS and 19.1 Nm of peak torque. It uses a high-tensile

On August 20, Omega Seiki Mobility raised INR 500 million in a fresh funding round at an undisclosed valuation. This is the company’s second fundraise in two months. The round was led and managed by Abhishek Misra, SKG Asset Management and Unistone Capital, with participation from the Sanjeev Agarwal Family Office, B

On August 25, 2026, Hero MotoCorp Ltd. announced that Ather Energy has allotted 7,619,047 convertible warrants to the company at INR 1,260 per warrant. The investment is worth 9.6 billion as part of Hero MotoCorp’s plan to invest up to INR 10 billion in Ather.
Hero MotoCorp has paid INR 2.4 billion, or 25% of the tot

Announced on August 25, 2026, the Federation of Thai Industries (FTI), citing data from the Department of Land Transport, reported that registrations of all types of 100% electric mobility reached 24,171 units in July 2026, up 99.4% YoY.
Registrations of electric vehicles with four wheels or more totaled 21,439 units

On August 25, MATTER Motor Works raised USD 25 million (INR 2.4 billion) in a funding round led by its existing investors, along with working capital financing from Indian Bank. The company plans to use the funds to expand manufacturing and supply-chain capacity, increase distribution, and develop four new electric m

On August 24, Bajaj Auto launched the new Pulsar 150 and Pulsar 125 motorcycles for an introductory price of INR 115,233 and INR 92,900 respectively. The Pulsar 150 uses a 149.5cc engine producing 14 PS and 13.7 Nm, while the Pulsar 125 gets a 124.58cc engine producing 12 PS and 11 Nm. Both motorcycles receive a new

On August 25, 2026, the Federation of Thai Industries (FTI) announced that motorcycle production in July 2026 reached 202,781 units (up 0.5% YoY), comprising 170,084 CBUs and 32,697 CKDs. 
In the first seven months of 2026, total motorcycle production reached 1,464,130 units (1,190,278 CBUs and 273,852 CKDs), down 0.

On August 17, Belrise Industries Limited, in an investor update, announced that it has secured an order from a new OEM, a leading Vietnamese two-wheeler manufacturer entering the Indian market. Belrise will manufacture both suspension and braking systems for its upcoming models.
Belrise has also won an order to comme

Announced on August 18, 2026, TMT Motors and PSG Energy Vietnam signed a strategic cooperation agreement on August 13, covering the supply of Phylion lithium batteries for TMT electric motorcycles. The agreement provides a basis for the two companies to cooperate on the research, development, supply, and application

 On August 20, Simple Energy announced that it has named its upcoming family scooter Simple Wave, ahead of its scheduled launch on September 2, 2026. The launch will mark the company’s entry into India’s largest scooter segment. The scooter is being developed for everyday family mobility, with an emphasis on comfort,

On August 14, Endurance Technologies Limited announced that its subsidiary, Maxwell, has won new business worth INR 130 million in the first quarter of FY 2026-27 (quarter ending June 30, 2026). The business includes new BMS variants: CT Safe GT, CT-Lite and LT+PRI. Maxwell is also pursuing leads worth INR 3 billion

On August 17, Greaves Cotton Limited acquired the remaining 20% stake in Excel Controlinkage Private Limited, taking its shareholding to 100% and making Excel a wholly owned subsidiary with effect from August 13, 2026. The transaction, executed via a secondary purchase, completes the multi‑tranche acquisition process

On August 13, at the Tamil Nadu Investment Conclave, multiple auto, EV, and component makers announced fresh investments in the state.
Ultraviolette Automotive will invest INR 7.79 billion to set up an electric two-wheeler plant in Krishnagiri, creating about 4,000 jobs. Lucas TVS said it will invest INR 25 billion a

On August 12, Yulu, a Bengaluru-based electric mobility-as-a-service (MaaS) platform, has secured USD 93 million in a funding round, comprising USD 63 million in equity led by GEF Capital Partners and USD 30 million in debt. The capital will be used to quadruple its active fleet to 200,000 electric vehicles over the

On August 10, the Ministry of Heavy Industries amended the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, increasing its total outlay to INR 119 billion and extending its duration from April 1, 2024, to March 31, 2028. The earlier Electric Mobility Promotion Scheme (EMPS-2024) has

On July 11, BGauss launched its Oowah electric scooter range in India, comprising three variants: Oowah EX priced at INR 94,990 and Oowah Max and Oowah Max Plus, both at INR 123,000. The Oowah EX features a 2.3 kWh removable battery pack offering an ARAI-certified range of 105 km. The Max and Max Plus variants are po

In an investor update, Hero MotoCorp announced that it has expanded its monthly EV production capacity from 15,000 units at the end of FY 2026 (ending March) to 30,000 units per month as of early August 2026, to meet rising demand for its VIDA EV range. It remains on track to reach 45,000 units per month before the c