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EV ecosystem platform Vidyut has secured $2.5 million funding from Flourish Ventures to expand its Battery-as-a-Service (BaaS) model across passenger and commercial EV segments in India.

JBM Auto Limited has established a new wholly owned subsidiary, JBM EV Ventures Private Limited, to focus on EV battery leasing, rental services, and advanced battery technology development.

Niyogin Fintech Limited has raised ₹56.2 crore by successfully converting warrants, reinforcing investor confidence. The funds will be used to expand its lending book and strengthen its financial position.

Maruti Suzuki plans to launch four EVs by 2030, starting with the e Vitara, and expand production capacity to 4 million units annually.

Mobec Innovation has launched its first lithium battery recycling plant in Noida, aiming to reduce India's reliance on imported critical minerals while promoting sustainability.

India’s security services industry is poised for a robust 9-11% revenue growth in the current financial year, driven by increasing private capital expenditure and rising demand for commercial spaces.

Atul Greentech, Valeo India, and Honda Power Pack Energy India have partnered to launch battery-swappable electric three-wheelers in India, aiming to reduce charging downtime and enhance last-mile connectivity.

Greater Noida Authority is set to install 15 EV fast-charging stations across commercial and high-footfall areas. The project aims to enhance accessibility and promote wider EV adoption with quick, efficient charging solutions.

The MP govt. has unveiled its EV Policy 2025, offering subsidies from ₹5,000 to ₹10 lakh across various electric vehicle categories. The policy aims to accelerate EV adoption with tax exemptions, scrapping incentives, and targeted electrification goals.

The FKCCI has called for a separate MSME policy, land reforms, and tax exemptions in its pre-budget memorandum for 2025-26. It urged the Karnataka government to boost local procurement and industrial infrastructure and ease compliance burdens.

Greaves Cotton continues its push in electric mobility with the appointment of Narinder Pal Singh as E-Powertrain Business Head. Singh’s expertise across leading automotive firms is expected to accelerate the company’s innovations in the EV sector.

Andhra Pradesh is actively pursuing Tesla to establish an EV manufacturing plant, leveraging its port connectivity, land availability, and strong EV market presence in South India.

Yuma Energy has acquired Chennai-based Grinntech to enhance its battery technology, manufacturing, and research capabilities. The move aims to strengthen India’s Battery-as-a-Service (BaaS) ecosystem and accelerate clean energy adoption.

The lending to MSMEs in Uttar Pradesh is expected to rise by 52% to ₹4.46 trillion in FY26, boosting the state's credit flow.

Kinetic Group has completed its ₹50 crore battery manufacturing facility in Ahmednagar, with an annual capacity of 60,000 battery packs.