EV news
Mahindra & Mahindra to Unveil Separate EV Financials for Clarity

Mahindra and Mahindra (M&M) is set to present an overhauled monetary revealing design in the final quarter of the flow financial year, planning to improve straightforwardness in its electric vehicle (EV) tasks. The organization intends to rebuild its fiscal reports to unmistakably feature EV fabricating expenses and edges across various portions, offering a more clear understanding into the presentation of its developing electric versatility business.
At its Q3 FY25 profit meeting, M&M‘s Chief, Rajesh Jejurikar, nitty gritty the arranged changes. The new monetary structure will order M&M’s auto financials into explicit portions, with the independent car results furnishing a general picture alongside an itemized breakdown of agreement producing game plans for EVs. This change will make it more straightforward for financial backers and partners to follow the monetary effect of the organization’s electric vehicle adventures.
The move comes when M&M is growing its impression in the EV area and equipping to start appointments for its impending Electric Beginning SUVs from February 14. Albeit electric vehicle deals didn’t altogether affect the organization’s Q3 FY25 results, the new revealing design will produce full results in Q4 FY25, when EV deals begin offering all the more seriously. At first, M&M expects to sell around 5,000 electric SUVs each month across two models, flagging its rising obligation to the EV market.
Under the overhauled monetary construction, M&M Restricted will deal with the creation of electric SUVs, which will hence be conveyed by Mahindra Electric. This arrangement guarantees that M&M’s auto independent section will just reflect transformation cost edges instead of generally item edges. Thus, the organization means to give a more straightforward perspective on real assembling costs.
Jejurikar underscored that this change would assist M&M with isolating transformation costs from other business tasks, prompting better perceivability into the financials of its EV division. The organization likewise plans to report start to finish edges for its electric vehicles, which will incorporate two key parts: the edge on transformation costs recorded under M&M’s auto independent tasks and the profits from item improvement speculations.
In the second from last quarter, M&M posted a 19 percent expansion in net benefit, arriving at Rs 2,964 crore for the period finishing December 31, 2024. This development was driven areas of strength for by for the organization’s game utility vehicles (SUVs) and farm trucks. The organization’s net benefit in a similar period last year remained at Rs 2,490 crore. Moreover, income from tasks saw a 20 percent increment, moving to Rs 30,538 crore in Q3 FY25 contrasted with Rs 25,383 crore in Q3 FY24.
M&M’s vigorous exhibition was upheld by rising ranch salaries, which helped farm vehicle interest. In the interim, flooding interest for models like the ‘XUV 3×0’ and a five-entryway rendition of the famous ‘Thar’ SUV additionally added to the organization’s solid quarterly outcomes. These variables have empowered M&M to explore a generally difficult year for Indian automakers.
On the financial exchange, M&M shares shut at Rs 3,198, denoting an almost 2 percent expansion from the past shutting cost on the Public Stock Trade (NSE). The organization’s stock arose as the top-performing Clever load of 2024, enlisting a huge 84.5 percent ascend over the course of the year.
With its new monetary revealing design, M&M plans to give more noteworthy clearness on its EV tasks and monetary wellbeing, offering financial backers a more straightforward perspective on the organization’s development direction in the electric portability space. The organization’s essential way to deal with isolating EV financials mirrors its emphasis on long haul maintainability and benefit in a quickly developing auto market.
Article By
Sourabh Gupta
EV news
MG Comet EV Stylish, Affordable, and Efficient Electric Car

With its futuristic design, practicality, and efficiency, the MG Comet EV has quickly established itself as a leader in the electric vehicle market in India. This small electric car, which will be available in 2025, is designed for urban commuters and small families looking for an eco-friendly transportation option that is stylish and affordable. It is a strong contender in the expanding EV market because of its sleek design, impressive driving range, and affordable pricing.
The MG Comet EV has a futuristic, modern design that sets it apart from other cars on the road and is made to attract attention. A minimalist grille and LED light strips give the front end a tech-forward, sophisticated appearance. Its small size, streamlined aerodynamic lines, and practical design make it ideal for driving in cities, making it easy to maneuver even on congested streets. The vehicle’s stylish 13-inch alloy wheels and distinctively crafted LED tail lamps at the rear enhance its exterior design and give it a distinctive road presence.
The Comet EV has a youthful appeal because it comes in vibrant colors like Moonlit Silver, Starry Black, and Cherry Red. The MG Comet EV’s interior, despite its compact dimensions, surprises with its thoughtful design that maximizes space. A touchscreen infotainment system with a 10-inch screen that supports Apple CarPlay and Android Auto ensures seamless connectivity for passengers and drivers. The essential driving information is displayed in a clear and simple format on the digital instrument cluster. Premium fabric upholstery enhances the interior of the vehicle, and leatherette seating in higher models provides a more opulent experience.
Comfort features include automatic climate control, steering-mounted controls, and a rear-view camera for added convenience. The Comet EV’s dual airbags, ABS with EBD, and rear parking sensors ensure a safe driving experience and keep safety a top priority. The 30 kWh electric motor under the hood of the MG Comet EV gives it a driving range of approximately 250-300 km on a full charge, making it an excellent option for daily commutes and short-distance travel. The electric powertrain gives you instant torque, which makes driving smooth and quiet.
Regenerative braking is a feature of the vehicle that helps increase efficiency by recovering energy during deceleration. A standard home charger, which takes 6-8 hours to fully charge, and a fast-charging station, which can recharge the battery in 1-2 hours, are two charging options. The MG Comet EV’s affordability is one of its most appealing features. With a starting price of around ₹8.5 lakh (ex-showroom), it stands out as one of the most budget-friendly electric cars available in India.
In the expanding market for electric vehicles, the Comet EV offers excellent value for money due to its stylish design, advanced features, and eco-friendly performance. It’s a big step toward making sustainable transportation more accessible to more people while keeping the appeal of a modern, well-equipped vehicle.
Article By
Sourabh Gupta
EV news
BYD Seal Honored as Japan’s Best Electric Car

At the third Japan Annual EV Awards, BYD’s Seal EV sedan received the prestigious title of EV of the Year 2024. This is yet another honor for the company. Following the success of its Dolphin EV, which won the award last year, this victory marks BYD’s second consecutive victory at the awards. The recognition highlights BYD’s rapid advancements in technology, design, and performance and further solidifies the company’s position in the global market for electric vehicles.
There was a lot of competition among electric vehicles at the Japan Annual EV Awards, but the BYD Seal came out on top. The Hyundai Ioniq 5 came in third, followed by the Honda N-VAN e, which came in second place. The outcomes show that the EV market is becoming increasingly competitive, with both established and new automakers pushing the boundaries to create innovative and effective electric models.
The BYD Seal will go on sale in Japan in 2024 in two versions: one with rear-wheel drive (RWD) and one with four-wheel drive (4WD), which is more powerful. With dimensions of 4,800 mm in length, 1,875 mm in width, and 1,460 mm in height, the sedan has a sleek and aerodynamic design. Customers looking for an electric sedan that is both stylish and practical will find this model to be an appealing option due to its spacious 2,920-mm wheelbase, which contributes to a ride that is both comfortable and stable. The BYD Seal’s performance further differentiates it from rivals. The 4WD version is one of the fastest electric sedans in its class, going from 0 to 100 kilometers per hour in just 3.8 seconds. With driving distances of 510, 600, and 650 kilometers, the Seal caters to a variety of requirements and usage patterns.
The car also supports fast charging, which allows it to charge from 30% to 80% in just 20 minutes. This makes it convenient for people who need to recharge quickly while they travel. The BYD Seal’s impact on the EV market is further emphasized by the recognition from EVsmart, the organization behind the Japan Annual EV Awards. The award’s organizers claim that the Seal received unanimous praise in both industry and public voting, with the elegant design and outstanding performance playing major roles in its victory.
The award committee emphasized that the BYD Seal not only demonstrates the capabilities of contemporary electric vehicles but also establishes new industry standards by providing an excellent driving experience. The BYD Seal also received another prestigious title in Japan in addition to the EV of the Year award. The sedan’s status as a leading electric vehicle was further bolstered when it was selected by the Japan Car of the Year Selection Committee as one of the “Top Ten Best Models” for the years 2024–2025. The Seal’s growing popularity and its appeal to both consumers and industry professionals are emphasized by this additional recognition.
The company’s strategic expansion into key international markets is exemplified by BYD’s success in Japan. Utilizing its expertise in battery technology and electric powertrains, the automaker has been rapidly expanding its presence outside of China to compete with established players. Foreign manufacturers face a significant obstacle in the Japanese market, which is known for its strong local brands and high automotive standards.
The fact that BYD was able to win the Japan Annual EV Awards in consecutive years demonstrates the company’s capacity to meet and exceed these expectations. The expanding popularity of BYD in Japan also indicates a larger shift in the automotive industry. Chinese electric vehicle manufacturers, which offer competitive pricing, cutting-edge technology, and high-quality designs, are increasingly challenging conventional automakers, including the giants of Japan.
Companies like BYD are competing with well-known brands in international markets as a result. Looking ahead, BYD is expected to continue its expansion into global markets, with the Seal playing a key role in its strategy. The Seal is well-positioned to expand BYD’s customer base and further cement its position as a market leader in the electric vehicle sector thanks to its superior performance, cutting-edge features, and widespread recognition in the industry
Article By
Sourabh Gupta
EV news
World EV Day 5 Electric Cars India Deserves to See

With automakers all over the world continually pushing the boundaries of electric vehicle technology, World EV Day is a significant moment in the ongoing transition toward cleaner mobility. Even though they have not yet been introduced to the Indian market, a number of international models of electric vehicles have caught the attention of enthusiasts in India as the demand for them grows. Many of these vehicles are highly sought after by Indian consumers due to their groundbreaking technology, exceptional range, and performance capabilities.
The Model Y from Tesla is one of these, and its potential entry into the Indian auto market has made it a hot topic. This electric SUV has a long-range battery that can travel up to 531 kilometers on a single charge, making it one of the brand’s most popular models worldwide. In its Performance version, the dual-motor all-wheel-drive system ensures optimal performance, accelerating from 0 to 100 kph in just 3.5 seconds. In addition, the vehicle has a roomy interior, advanced autopilot features, and access to Tesla’s well-established Supercharger network, which could revolutionize the adoption of electric vehicles in India.
The Ford Mustang Mach-E is yet another model that is attracting a lot of attention. Even though traditional Mustang fans may disagree about using the iconic name on an electric SUV, this vehicle manages to keep a few muscle car features while still providing impressive performance. It has battery options with ranges of up to 502 kilometers and capacities of 70 kWh to 91 kWh.
A single-motor rear-wheel-drive model and a dual-motor all-wheel-drive model are available to customers. The high-performance GT Performance Edition is capable of accelerating from 0 to 60 mph in just 3.5 seconds and produces 480 horsepower and 634 lb-ft of torque, making it a formidable competitor in the EV market. The futuristic design and robust performance capabilities of Tesla’s Cybertruck have also made headlines.
The Cybertruck is available with rear-wheel drive or all-wheel drive and has a battery that has a range of up to 547 kilometers. The highest-end Cyberbeast model has 845 horsepower and a 0-60 mph time of just 2.6 seconds, while the all-wheel-drive model has 600 horsepower. The extreme off-road and towing capabilities of this vehicle make it an appealing option for adventurers who want an electric pickup with utility and high performance.
Another model from Volkswagen, the ID.2all, has received a lot of attention because it looks like the popular Volkswagen Polo. Most people think that this electric hatchback is the all-electric version of the Polo, a car that was very popular in India. The ID.2all has front-wheel drive with a single motor and 220 brake horsepower. There will be two battery options for the vehicle: a smaller battery with 38 kWh and a larger battery with 56 kWh. The larger battery has a range of about 450 kilometers. The vehicle’s 56 kWh battery is said to support 125 kW charging, making it a practical and efficient option for city dwellers and long-distance travelers alike.
It can be charged to 80 percent in just 20 minutes. The Baojun Yep and Yep Plus might be a good choice for people who like small electric SUVs. Even though these models aren’t as well-known as the others on this list, they meet the needs of Indian buyers well, especially those looking for a small, affordable electric SUV. According to reports, JSW MG Motor has already filed patents in India for the Yep and its electric SUV with five seats. This strongly suggests that these models will soon be available in India. It’s interesting that the Baojun Yep is built on the same foundation as the MG Comet EV, which may make it easier to sell to Indian customers.
Despite the lack of official confirmation, the potential arrival of these models highlights the growing focus on affordable, compact electric vehicles designed specifically for India’s urban landscape. These international models offer a glimpse into what the future may hold for Indian consumers, as the Indian EV market continues to develop. It is only a matter of time before more globally acclaimed electric vehicles make their way onto Indian roads thanks to advancements in battery technology, charging infrastructure, and increasing government incentives.
Article By
Sourabh Gupta
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