Hero MotorCorp receives Type Approval Certificate for category-swapping vehicle Surge S32 in India On March 31, the Union Minister of Road, Transport, and Highway, provided a Type Approval Certificate for the Surge S32 electric vehicle. Hero MotoCorp has introduced the Surge S32 electric vehicle, positioned as the world’s first category-swapping vehicle, capable of transitioning between a three-wheeler and a two-wheeler depending on operational...

News  Updated at: 2026/04/01

Government of India cuts e-2W incentive under PM E-DRIVE, sets July 2026 deadline for subsidy claims On March 27, 2026, The Ministry of Heavy Industries amended the PM E-DRIVE scheme, halving the incentive for registered electric two-wheelers from INR 5,000 per kWh (capped at INR 10,000 per vehicle) to INR 2,500 per kWh (capped at INR 5,000 per vehicle) effective April 1, 2025, with a terminal date of July 31, 2026 for e-2W (electric two-wheeler)...

News  Updated at: 2026/03/30

Ultraviolette, India signs MoU with Karnataka Government for INR 2 billion two-wheeler plant expansion On March 27, Ultraviolette Automotive signed a memorandum of understanding (MoU) with the Government of Karnataka at the Invest Karnataka Conclave for a phased five-year manufacturing expansion backed by state PLI support and fast-track facilitation. Phase 1 will involve an INR 2 billion investment to expand capacity at its existing Bengaluru fa...

News  Updated at: 2026/03/27

47th Bangkok Motor Show adopts “The Iconic Synchronicity” theme with global lineup From March 25 to April 5, 2026, Thailand's 47th Bangkok International Motor Show (47th BIMS) will be held under the theme “The Iconic Synchronicity” (Press Day/VIP Day: March 23 for vehicle brands and March 24 for motorcycle brands). International automotive brands participating in the show include Chinese marques such as NIO (including Firefly), Zeekr, XPe...

News  Updated at: 2026/03/23

IRP Systems, Israel, presents new motor controller for electric two-wheeler in India On March 18, IRP Systems announced Dynamic 2, a motor controller designed to address the growing demand in the electric two-wheeler segment. It was showcased at the latest edition of the EV Conclave in New Delhi (India). It is part of the EVVER Dynamic portfolio.  Dynamic 2 combines compact design with high power density. It achieves more than 99% MCU efficiency...

News  Updated at: 2026/03/20

CollarEV, India launches ‘Moon’ electric two-wheeler On March 16, CollarEV launched Moon, a purpose-built electric two-wheeler for the B2B delivery and logistics market, at a starting price of INR 80 thousand. It features a brushless DC motor with 2.2 kW peak and 1.5 kW nominal power, delivering 60 Nm of torque for silent but high-torque urban operations. The scooter offers two lithium-ion battery options, i.e., 1.5 kWh and 2.4 kWh at 58 V. I...

News  Updated at: 2026/03/19

Matter Energy, India integrates Iontra battery intelligence into AI-defined EV platform for two-wheelers On March 17, 2026, Matter and US-based Iontra announced a partnership to integrate Iontra’s real-time battery sensing and adaptive charging technology as a core layer of Matter’s AI-Defined Vehicle (AIDV) platform for electric two-wheelers. The integration is designed to measure battery health in real time, dynamically adjust charging to c...

News  Updated at: 2026/03/18

Bajaj plans new motorcycle plant in Mexico On March 12, the Constitutional Governor of the State of Mexico, in a social media post, announced that the India-based two-wheeler OEM Bajaj Auto is planning a new plant in the Toluca Valley. The motorcycle assembly plant is expected to generate 2,500 direct jobs and 6,000 indirect jobs. Multiple sources reported that Bajaj will invest USD 145 million in this project. It will have an annual production c...

News  Updated at: 2026/03/17

Government of India panel flags gaps in EV incentives, PLI rollout and battery capacity On March 11, 2026, the Rajya Sabha Standing Committee on Industry said only 1,656,335 EVs had been incentivised under PM E‑DRIVE as of 31 January 2026, about 58.6% of the revised 2,826,634 target, with e‑trucks, e‑buses, and e‑ambulances still at zero and e‑rickshaws/e‑carts at just 3,602 units versus a 39,034 target. The panel flagged that around ...

News  Updated at: 2026/03/12

Kinetic Engineering, India gets INR 400 million in funding for electric two-wheeler, component expansion On March 11, Kinetic Engineering Ltd (KEL) announced that its promoter group has infused an additional INR 400 million into the company via conversion of warrants, taking promoter shareholding to 65% from 49% four years ago. It mentioned that the fresh capital will strengthen its balance sheet and support growth across its electric vehicle and...

News  Updated at: 2026/03/11

Motilal Oswal, India buys 1.65% stake in Zelio E-Mobility, electric two-wheeler manufacturer On March 5, Motilal Oswal Financial Services said it acquired 350 thousand shares of Zelio E‑Mobility, representing a 1.65% stake, via a block deal at INR 280 per share for a total consideration of INR 98 million. Zelio raised INR 783.4 million in its October 2025 IPO. It manufactures a range of low‑speed and high‑speed electric two‑wheelers under...

News  Updated at: 2026/03/06

Indian passenger vehicle retail sales up 26.1% in February 2026 On March 5, the Federation of Automobile Dealers Associations (FADA) announced that retail sales of passenger vehicles (PV) increased by 26.1% YoY (year-on-year) to 394,768 units in February 2026, compared to 313,015 units in February 2025. Commercial vehicle sales (CV) rose by 28.9% (YoY) in February 2026 to 100,820 units, up from 78,219 units last year. Two-wheeler (2W) sales incre...

News  Updated at: 2026/03/05

TVS Motor re-enters South Africa with seven two-wheeler model line-up On February 26, TVS Motor Company announced that it has re‑entered the South African two-wheeler market through a distribution partnership with The Nexus Collective, a distributor backed by Bidvest Group Limited. It mentioned that its overseas operations contributed about 25% of total sales in 2025, with Africa accounting for more than half of operational revenue and nearly 7...

News  Updated at: 2026/02/27

Zelio E-Mobility commissions electric two-wheeler manufacturing plant in Cuttack, India On February 24, Zelio E-Mobility commissioned a new manufacturing plant in Cuttack, Odisha, lifting its total installed capacity from 72,000 to 180,000 electric two‑wheelers per annum. The existing Ladwa, Hisar plant’s capacity has been raised to 120,000 units a year through process optimisation, while the new Odisha unit adds 60,000 units per annum with a...

News  Updated at: 2026/02/24

VinFast signs strategic dealers to launch e-scooters in Indonesia Announced on February 9, 2026, VinFast formally entered Indonesia’s e-scooter market by signing MoUs with its first strategic dealer partners, marking a key step in expanding its electric two-wheeler business in Southeast Asia. The initial partners include K3, Citra Abadi Sedaya, PT Bevos Auto Mandiri, PT Sapta Jaya, MotorArt, PT Sinergies Dua Kawan, and PT HINU. Distribution wil...

News  Updated at: 2026/02/12

Lumax Industries, India updates about new launches during the Q3 FY 2026 On February 10, Lumax Industries Limited updated about the new lighting product launches during Q3 FY 2026 (ending December) for key OEM programs in the passenger, three-wheeler, and two-wheeler segments. The company supplied front fog lamps and auxiliary tail lamps for Tata Motors’ upcoming Sierra, and front daytime running lights, position lamps, and headlamps for the T...

News  Updated at: 2026/02/11

Sansera, India, opens new plant for crankshaft assemblies for two-wheelers On February 9, Sansera Engineering Limited inaugurated its 17th plant in India at Pant Nagar, Uttarakhand. This plant is spread over an area of 270,000 square feet, equipped with best-in-class machines like SFC, Turning centers, thread rollings, VMCs, Rack rollings, OD Grindings, Induction hardenings, ID Grindings, etc. The plant will primarily cater to domestic two-wheele...

News  Updated at: 2026/02/10

Kinetic Watts & Volts, India secures incentive for DX electric scooter scale‑up On February 10, Kinetic Watts & Volts Ltd. (KWV), the electric-vehicle arm of Kinetic Group and a subsidiary of Kinetic Engineering Limited, received approval for benefits of approximately INR 420 million under the Government of Maharashtra’s Electric Vehicle Policy, to be realised over 10 years. The entitlement is linked to an investment of around INR 700 million...

News  Updated at: 2026/02/10

Indian passenger vehicle retail sales up 7.2% in January 2026 On February 10, the Federation of Automobile Dealers Associations (FADA) announced that retail sales of passenger vehicles (PV) increased by 7.2% YoY (year-on-year) to 513,475 units in January 2026, compared to 478,915 units in January 2025. Commercial vehicle sales (CV) rose by 15.1% (YoY) in January 2026 to 107,486 units, up from 93,410 units last year. Two-wheeler (2W) sales increas...

News  Updated at: 2026/02/10

Belrise, India, to set up manufacturing facility for two-wheeler components in Haridwar On January 31, Belrise Industries Limited (BIL) announced that it has secured an order to set up a new manufacturing plant in Haridwar for one of India’s largest two-wheeler OEMs to supply chassis systems, exhaust systems, and BIW parts. The plant will serve the OEM’s highest-selling, existing models, with a sharp ramp-up expected. The start of production ...

News  Updated at: 2026/02/05