Auto industry executives expect electric vehicles will make up just over half of new vehicle sales in the United States and China by 2030 and could do so without receiving government subsidies.

Union Road Transport Minister Nitin Gadkari on Tuesday said that the Centre's mission is to increase the turnover of the automobile industry to Rs 15 trillion within the next five years.

From ageing electric batteries to old engines to rear-view mirrors, the auto industry is revving up its recycling efforts as it faces pressure to reduce its colossal carbon footprint.

Greaves, one of India’s leading and diversified engineering companies, on the occasion of World EV Day introduced a multi-brand EV Retail platform under the brand name- ‘AutoEVmart’.

Greaves Cotton, one of the leading and diversified engineering companies, has launched its own new light construction equipment range- Greaves RelioPro.

Greaves Cotton, one of India’s leading and diversified engineering companies, has enhanced access to easy finance for electric vehicles through its subsidiary Greaves Finance.

M&M will observe seven no-production days at its plants in September. The company added that there will be no material impact of the halt on the XUV7OO production ramp-up and launch plans.

Ampere Electric, the e-mobility business of Greaves Cotton Limited has set a sales benchmark in the month of August with close to 5000 units and a remarkable increase in channel leads.

Volvo Buses India, a part of VE Commercial Vehicles (VECV), has become the first manufacturer to launch a 13.5-metre 4x2 coach in India.