VinGroup's Green SM launches its electric taxi service at Bharat Mandapam on June 5, deploying 10,000 VinFast EV MPVs across Delhi-NCR with a company-owned fleet and salaried drivers. The Vietnamese major also plans 1,00,000 e-two-wheelers, escalating competitive pressure on incumbent ride-hailing players.

Business Today · Latest · 6/2/2026, 12:27:58 PM

Electric car sales jumped 79% YoY in May to 26,319 units, with Tata Motors at 38.9% share and Mahindra at 23.3%. JSW MG slid to 18.8% from 31.2% while Hyundai held just 1.7%. Vietnam's VinFast debuted at 4.7% share with 2,512 units, signalling intensifying competition in the premium EV segment.

ET Small Business · 6/1/2026, 6:48:11 PM

EVs hit 5.8% of India's new car sales in April 2026 versus 5.1% in the US, as fuel-price inflation and fresh launches lifted volumes to 23,500 units. Tata Motors led with 8,543 EVs (+92% YoY), trailed by Mahindra (5,413) and JSW MG (5,006).

Business Today · Latest · 5/26/2026, 6:33:05 AM

India's electric car penetration hit 5.8% in April 2026, edging past the US's 5.1% for the first time. Tata Motors sold 8,543 EVs (+92% YoY), followed by M&M (5,413) and JSW MG (5,006). Fuel price hikes and expanding model lineups are accelerating adoption across mass and premium segments.

Business Today · Latest · 5/25/2026, 3:37:27 PM

Vietnam's Green SM stages 1,500-2,000 VinFast EVs for a mid-June Delhi-NCR launch, scaling to 10,000-12,000 by FY27. ₹8/km fares and ₹35,000 guaranteed monthly driver income undercut Uber and Ola, doubling as a shopfront for VinFast's $2 billion India EV ecosystem and 150,000-unit Thoothukudi plant.

The Hindu BusinessLine · 5/23/2026, 3:37:17 AM