EV news
Porsche Revises Strategy Focus Shifts to Petrol & Hybrids Amid EV Slowdown

Porsche is navigating a difficult financial year as the luxury automaker prepares for an €800 million setback. The company’s push into electric vehicles has not yielded the expected results, leading to a shift in strategy with a renewed focus on petrol and hybrid models. This change, coupled with high expenses related to battery technology and vehicle customization, has triggered investor concerns and raised questions about the future direction of the brand.
The all-electric Porsche Taycan initially showed strong sales after its launch in 2020, but demand has since slowed. The recent introduction of the electric Macan SUV has also failed to generate the anticipated response, leaving the company facing significant challenges. With Porsche having gone public just two years ago, its long-term strategy and ability to meet investor expectations are now under scrutiny.
As a result of these struggles, Porsche has warned that its profit margins could shrink to just 10% this year, a sharp drop from its original target of 20%. This announcement had an immediate impact on the stock market, with Porsche’s shares plummeting to their lowest point since the company’s listing. Compared to May 2023, the automaker has now lost half of its market value. The decline reflects growing concerns about Porsche’s ability to navigate the shifting landscape of the global automotive industry.
Market analysts have been quick to weigh in on the situation. Bernstein analyst Stephen Reitman described Porsche’s outlook as a “major concern” and called for the company to outline its recovery plans to reassure investors. In early trading on Friday, the company’s stock dropped by as much as 8% before making a slight recovery. However, the overall trend remains negative, with shares losing more than 30% of their value over the past year.
One of the biggest challenges Porsche faces is the slowing demand for electric vehicles, a trend that has affected several automakers. While companies worldwide had once expected rapid EV adoption, market realities have proven more complicated. Consumer hesitation, high costs, and slower-than-anticipated infrastructure development have led to weaker sales, especially in critical regions like China. As one of Porsche’s largest markets, China’s declining demand has been a significant factor in the company’s struggles.
In response to these challenges, Porsche is shifting its focus back to petrol and hybrid models, a move that aligns with similar decisions made by other manufacturers. While the industry initially pushed for an all-electric future, many brands are now recognizing the need for a balanced approach that includes traditional combustion engines and hybrid technology. This change in direction signals a recalibration of expectations within the automotive sector.
Alongside financial difficulties, Porsche is also facing internal pressure, with speculation about leadership changes. Reports suggest that Chief Financial Officer Lutz Meschke and Sales Chief Detlev von Platen could be leaving the company as part of an effort to address the ongoing issues. While there has been no official confirmation, the possibility of leadership changes adds another layer of uncertainty to Porsche’s future.
Adding to the financial strain, Porsche has been making significant investments in vehicle customization and battery technology, both of which have driven up costs. While customization remains an important part of Porsche’s brand identity, the additional expenses have contributed to the company’s growing financial challenges. Similarly, advancements in battery technology are crucial for the future of electric vehicles, but they require substantial investment that has further impacted profitability.
With so many factors at play, investors are understandably concerned about Porsche’s next steps. The company must now work to restore confidence and outline a clear strategy for growth. Whether this involves refining its EV lineup, making further adjustments to its production plans, or introducing new business strategies, Porsche will need to act decisively to regain stability in the market.
Despite these challenges, Porsche remains one of the world’s most recognizable luxury car brands. Its reputation for performance and innovation continues to attract loyal customers. However, in an industry that is rapidly evolving, the automaker must adapt to changing consumer preferences while maintaining profitability. The coming months will be critical in determining how Porsche navigates this difficult period and whether it can successfully realign its business for long-term success.
Article By
Sourabh Gupta
EV news
MG Cyberster EV Pre-Bookings Begin: Reserve Yours Now!

The pre-bookings for the much-awaited Cyberster electric sports car from MG Motors have officially commenced in India. The EV is poised to shake up the Indian automotive space, becoming a major player in the premium electric vehicle market for the brand. Customers interested in this futuristic roadster can reserve their Cyberster with a booking amount of Rs 51,000 at select MG dealerships.
The new Cyberster will be available through MG’s premium dealership lineup, called MG Select, and was first shown earlier this year at the Bharat Mobility Expo. They’re also premium outlets built to give customers an exclusive experience that matches the Cyberster’s pedigree as a premium electric sports car.
The MG Cyberster is a two-seater convertible that marries high-end EV technology with a high-tech design. It is also one of the most unique elements that set it apart; its folding soft-top roof gives you the open air driving experience, making it a thrilling option for those who are seeking a Roadster experience.
The Cyberster’s exterior fuses MG’s sporty heritage with modern design elements. With its crisp body lines, aggressive front fascia, and unique rear-end styling, the car will certainly turn heads on the road. The overall aerodynamic profile is carefully designed to fine-tune both efficiency and performance, so the ultimate focus of the design is to ensure that the car looks brilliant and does not compromise with the performance in any manner.
The Cyberster’s cabin is likely to feature a futuristic yet driver-centric design. Although the exact details of the CLS interior are not fully revealed, it is expected to sport a high-tech digital cockpit, premium upholstery and connectivity options for the modern driver through a user-friendly infotainment system.
On the inside or rather under the hood, the MG Cyberster is powered by a robust 77 k Wh battery that allows for a range of up to 580 km per charge, according to the CLTC (China Light-Duty Vehicle Test Cycle) standards. That makes it one of the most capable Dakari electric sportscars for travelling long-range without constantly needing to recharge.
The Cyberster’s defining feature is its two-motor layout, with one of two electric motors in each axle. These oil cooled motors work in unison to churn out a total of 503 BHP and an insane 725 nm of torque. This setup helps the Cyberster rocket from 0-100 km/h in just 3.2 seconds. Performance figures like these place it into battle with some of the best electric sports cars available worldwide.
The Cyberster, however, has been fitted with MG new-age suspension to take care of its driving dynamics. It sports double-wishbone suspension up-front for better handling at higher speeds. A five-link independent suspension at the rear end is designed to provide optimal handling and comfort, even on city roads, and to make it a well-behaved sports car on highways.
MG Cyberster coming to India indicates a change in the Indian automotive scene, which is embracing electric vehicles in large numbers. India has as of late become home to a few electric SUVs and sedans, and this by itself is totally intriguing, yet an electric sports vehicle comes in as a completely new section, which is just good for execution fanatics searching for a negligible environmental alternative.
MG Motors has been making major advancement in the Indian EV segment. MG has rolled out a number of electric models already, most notably the MG ZS EV, which has enjoyed success. As MG’s first electric sports car, the Cyberster is a bold statement that combines cutting-edge technology with design and performance, resonating with the changing preferences of drivers worldwide.
While MG has so far only partially revealed the Cyberster’s pricing in India, industry experts are estimating a price range of Rs 60-80 lakh (ex-showroom), as the car will be targeting the higher-end of the market given its premium stature and cutting-edge technology and performance specifications. Deliveries are expected to start later this year depending on demand and import schedules.
The MG Cyberster is an all-new product that is going to launch in the Indian EV market. This electric sports car not only embodies luxury and high performance but also the future of electric mobility, setting new standards with impressive range, advanced design, and exhilarating acceleration.
The MG Cyberster is certainly an exciting new option for Indian buyers seeking a premium electric sports car that does not compromise on style, performance or sustainability. With the growing acceptance of electric vehicles in India, the Cyberster could make it possible for more high-performance electric cars on our roads and set a class record for them.
By launching the Cyberster only from its top-tier MG Select dealerships, MG guaranteeing a first-class experience for those who are interested in acquiring this innovative model. With the increasing demand for electric vehicles, MG’s strategic emphasis on higher-end electric offerings could pave the way for the brand’s future in India.
Now with the commencement of pre-bookings, Indian buyers have a chance to own this groundbreaking electric sports car. The MG Cyberster isn’t just a car; it’s a testament to innovation and performance, heralding an electrifying journey ahead on Indian roads.
Article By
Sourabh Gupta
EV news
Nissan Unveils Micra EV and Next-Gen Leaf with Longer Range

Nissan Announces Micra EV, Next-Gen Leaf Electric Vehicle Lineup. These models were revealed at a showcase event where the Japanese automaker lighted the path ahead for its electrification strategy. They will be part of a wave of new EVs from Nissan that will also reach the market in a timeline with the Micra EV up first, followed by the new Leaf and new Juke electric crossover due in 2026.
The Nissan Micra has been a well-known name in the hatchback segment, but for the first time in its history will this model be going fully electric. Where previous generations of the Micra were combustion-engine vehicles otherwise known as city cars, the current Micra was designed for the rising trend in zero-emission urban mobility.
With the Micra EV, buyers will be offered a choice of two battery sizes: a 40kWh battery pack and a larger 52kWh unit. With a single charge, the new battery is expected to go over 400 kilometers. The company has yet to reveal the precise power and torque numbers of the electric hatchback.
The Micra EV uses the CMF-BEV platform, which it shares with the Renault 5. This stems from the perennially threatened alliance between Nissan and Renault. It’s worth noting that the Micra EV will be manufactured at Renault’s factory in France, further solidifying the partnership between both brands in the world of electric mobility.
It’s based on the Micra EV which hints at the design of 20-23 EV concept Nissan unveiled a year and a half ago. The concept’s most striking element made the transition to production — circular LED headlights in the shape of Nissan’s logo. The Micra EV has been styled with a ”cute” design in mind according to Nissan’s global design chief Alfonso Albaisa, with the design team striving to give the small EV a different personality.
While some of the details from that concept have undergone slight changes, the overall sporty look has remained intact. A silver trim replaces the width-wide light strip in the front bumper as per the concept model. It now features gloss-black cladding over the wheel arches, and a more conventional flat wheel design instead of the angular look of the concept. The mirror setup is also more conventional compared with the concept models, as the Micra EV does not feature fancier digital versions. Interestingly, the car lacks a rear spoiler that could have been part of its aerodynamic configuration.
Nissan hasn’t yet shown the Micra EV interior but it should feature plenty of modern tech and a minimalist layout that is in line with the current trend with electric cars.
The Nissan Leaf has been one of the best-selling electric cars in the world since its initial launch, and the third-generation model aims to further that success. The revised design and efficiency upgrades should help the evergreen Leaf maintain a strong foothold in the market.
Nissan has not yet released details on the exact energy storage capacity of the new Leaf, but has disclosed that it will have a driving range of more than 598 kilometers. Highway efficiency was the focus of the Leaf development, and aerodynamics is a large part of it, an area Nissan Hope you Understands well and that Francois Bailly, Nissan’s Chief Planning Officer, has reiterated.
The new Leaf will be based on the larger Ariya’s CMF-EV platform. Nissan has selected its Sunderland facility in the UK for production, it reinforces the brands commitment to building cars in Europe. The Sunderland plant is now the biggest car factory in the UK by production volume.
Nissan is showing the production-spec variant of the new Leaf for the first time. The new Leaf is unlike previous designs, which were more conventional hatchbacks, adopting a more compact SUV-like stance. Adding to the better aerodynamics are the increased height and sleeker shape, with Nissan saying that the drag coefficient is only 0.25 Cd. This aerodynamic reduction improvements should increase the vehicle driving range and efficiency.
Nissan currently does not have any plans to introduce either the Micra EV or third-gen Leaf in India. The company’s model line-up in India currently still primarily consists of internal combustion engine (ICE) models. Nissan India has confirmed that it’s working on a new MPV (multi-purpose vehicle) based on the Renault Triber to arrive in 2025, to be followed by a new SUV to take on the Hyundai Creta in 2026.
As Nissan’s global EV strategy is raking in speed, the brand’s India plans are still rooted in traditional fuel vehicles. However, Nissan might revise its strategy in the future as the EV market keeps evolving in India and it could launch more electric offerings.
Introducing the Micra EV and third-gen Leaf was a milestone on Nissan’s path to electrification. Leveraging cutting-edge battery technology, increased range capabilities, and streamlined designs, these models seek to cement Nissan’s role in the expanding EV landscape. Although their first rollout will be restricted to Europe, the impact they have on the global EV space is anticipated to be significant. Whether or not these models eventually come to other markets including India is still unknown, Nissan’s commitment to electric mobility, however, is evident nowmore than ever.
Article By
Sourabh Gupta
EV news
Going electric On India and the electric vehicle space

In a major development toward furthering the electric vehicle (EV) industry in India, the country has exempted import duties on 35 capital goods, the used for EV battery production, and 28 components that are crucial in production of mobile phone batteries. The change, which was unveiled by Finance Minister Nirmala Sitharaman during the Union Budget 2025-26 and passed through the Finance Bill 2025 is aimed at invigorating domestic manufacturing and at a faster uptake of clean technology.
The move comes as the global EV space is evolving quickly. In early March, Chinese electric vehicle (EV) manufacturer BYD unveiled its “Super E-platform”, which can provide a 500-kilometre driving range with five minutes of charging. This innovation may pave the way for a future free from range anxiety, which remains a major obstacle to the widespread adoption of electric vehicles. This kind of technology, if scalable and as available as traditional fuel stations, could speed up the switch to electric mobility around the globe.
The largest roadblock in implementing EV adoption in India is battery prices. At present, batteries make up almost 40% of the total cost of an EV and are the most expensive component. This is one of the key reasons behind slow adoption of EVs across the globe, especially in countries where the affordability of EVs plays an important role in purchases. Moreover, indigenous technological capability for battery manufacturing is absent in India, leaving it heavily reliant on imports. China is the world leader in this field today, manufacturing more than 70% of the world’s EV batteries according to the International Energy Agency (IEA). Recently, the cheapest, highest energy density, and best thermal management battery, lithium-iron-phosphate (LFP) has become the global standard.
EBITDA of both these companies is experiencing consistent growth in spite of these challenges. In 2024, EVs represented only 2% of total passenger car sales in the Indian market, but there has been strong growth in electric two-wheelers. In 2024, 1.14 million electric two-wheelers were sold, accounting for almost 60% of total EV sales in the country. This reflects the early success of electric mobility in India, particularly in the two-wheeler, which is the largest segment of transportation in India.
India’s move in the same direction a fortnight back to provide relief on import duties on key components of battery for use in electric vehicles isn’t merely a local policy turnaround — it also carries geopolitical weight. That action is partly intended to bolster trade ties with the United States and to stave off retaliatory tariffs. The bigger point is this pushes decarbonization of the Indian transport sector, driving it away from dependence on fossil fuels.
India should target both upstream and downstream components of the battery value chain to become fully integrated into the global EV ecosystem. Upstream activities are those that involve the mining and refining of raw materials like lithium, cobalt, and nickel, while downstream activities include battery cell manufacturing, assembly, and recycling. An Indian presence in such markets can help reduce battery costs through technology transfer on the one hand and put the country in place as a de facto alternative to China in the global supply chain on the other hand. That would be especially appealing to the developed countries trying to spread out their sourcing of key EV building blocks.
India’s continued success in the EV space long-term will be driven by leveraging positive trade policies, strong R&D investment, and anchoring the battery manufacturing ecosystem. Encouraging the private sector to invest and forge partnerships with global players will also be critical to scaling up domestic production capacity. Also, the introduction of government incentives and subsidies for local battery manufacturing and infrastructure will contribute to making EVs more reasonably priced and within the reach of Indian consumers.
India’s electric vehicle ambitions fit with the country’s wider environment targets — not least its promise to achieve net-zero carbon emissions by 2070. The transition to electric mobility, if successful, will substantially lower pollution in our cities and reduce dependence on imported crude oil, thus benefiting both the economy and the environment.
Although measures such as duty exemptions are a step forward, more robust structural reforms will be needed to support long-lasting growth of the EV market in India. In this regard, the government must explore the possibility of policies that incentivise domestic battery manufacturing, modularisation targeted at passenger vehicles and 2-wheelers, technology contracts for joint R&D in cutting-edge battery chemistries, and developer-based EV Charging ecosystem similar to one of the national highway drive. Widespread EV adoption across the country will therefore depend on expanding charging networks even more, especially in rural and semi-urban areas.
With the right combination of policy, technology, and collaboration between the government and industry, India can position itself as a global player in the electric mobility landscape. India can position itself as a preferred international trade partner in the global EV business leaving opportunities of local production, fostering global business partnerships, and devoting investment & effort into sustainable energy alternatives in the rearwards.
Article By
Sourabh Gupta
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