ev segment

Bhubaneswar Municipal Corporation is transitioning to electric vehicles. At least 50 diesel-run waste transportation vehicles will be replaced with EVs. This move aims to reduce fuel consumption and carbon footprint. The corporation will also use EVs for official and field work. This initiative supports green mobility and climate-resilient urban infrastructure goals.

Lower running costs remain the biggest advantage of CNG vehicles, particularly for city commuters and commercial users. However, reduced performance, compromised boot space and long queues at fuel stations remain concerns for many buyers. Larger and premium vehicle segments also continue to offer limited CNG options.

Over the last few years, more manufacturers have started offering such schemes across multiple segments, including affordable city EVs and premium electric SUVs. Here’s a look at the electric vehicles in India currently available with Battery-as-a-Service plans, along with the benefits offered by each brand.

Ultraviolette Automotive has delayed its Tesseract electric scooter launch to January 2027, aiming to set a new benchmark with India's first 100V scooter architecture. This engineering pivot allows for 15 kW peak power from a 4 kWh battery, significantly exceeding current market offerings.

Bhubaneswar Municipal Corporation (BMC) is transitioning to electric vehicles, replacing a substantial portion of its 90 diesel vehicles. This initiative aims to promote green mobility, cut carbon emissions, and improve urban air quality. The corporation plans to deploy 60 EVs, including sedans and SUVs, through a bidding process for fleet operators.

Maruti Suzuki India’s latest price hike follows similar revisions announced earlier in FY2027 by Tata Motors Passenger Vehicles, Mahindra & Mahindra and Hyundai Motor India, which increased prices by 0.5% to 2.5%. Unlike its peers, Maruti Suzuki had not implemented any price revision at that time.

Goldman Sachs maintains a neutral stance on ITC, anticipating cigarette tax impacts. Citigroup is bullish on LIC, citing strong operational performance and margin expansion. Jefferies raises its target for Nykaa, impressed by robust growth and improving margins. CLSA sees significant potential in Honasa, with strong revenue and margin growth. Morgan Stanley remains overweight on LG Electronics India, despite margin pressures.

Stock market recommendations: Samvardhana Motherson, and Zydus Wellness have been recommended as top stocks to buy for the week starting May 25, 2026 by Motilal Oswal Wealth Management Research Desk:

Skoda Auto has revealed its new electric SUV, the Epiq. This compact vehicle is the brand's smallest and most affordable EV. It offers a driving range of up to 440 kilometers. The Epiq introduces Skoda's new design for future SUVs. It will be available globally, sitting below the Enyaq and Elroq in the electric lineup.

The latest fuel hike may also influence transmission preferences. While automatic gearboxes have become increasingly popular in urban markets, buyers focused on lower running costs could favour AMT-equipped vehicles over less efficient torque converter automatics. Electric vehicles are another segment expected to benefit, particularly among urban buyers with access to home charging.

Tata Motors is set to launch the highly anticipated Sierra EV this month, aiming to dominate the midsize electric SUV market. This new model promises a premium, tech-laden interior with advanced features and multiple battery options. Expect innovative powertrain configurations, including potential all-wheel-drive, and a unique Battery-as-a-Service model.

India’s pharmaceutical & software entrepreneurs show how economic strength matters in disrupted geopolitics. We should build such partnerships across the economy to navigate global headwinds