Essayer OR - Gratuit

Auto firms want clean energy to fuel 50% of cars sold by '30

Mint Kolkata

|

October 24, 2025

It will require them to increase contribution of clean vehicles ten-fold over the next 5 years

- Ayaan Kartik

Auto firms want clean energy to fuel 50% of cars sold by '30

Maruti Suzuki India and Hyundai Motor India target EVs, hybrid, and CNG vehicles to achieve the goal, while Tata Motors is focusing on EVs and CNG.

(REUTERS)

India's top carmakers have set an ambitious goal of achieving more than half their sales through electric vehicles, hybrids and CNG-fuelled cars by 2030—a push that will require them to increase the contribution from cleaner vehicles by up to 10 times over the next five years.

Maruti Suzuki India Ltd and Hyundai Motor India Ltd target EVs, hybrid, and CNG vehicles to achieve the goal, while Tata Motors is focusing on EVs and CNG, according to their presentations and disclosures to investors. Mahindra and Mahindra Ltd has previously stated that it aims to reach 30% of sales through EVs by 2030, with no stated plan of introducing hybrid and CNG vehicles yet.

EVs made up about 3%, while hybrids constituted 2% of India's domestic passenger vehicle sales of 4.3 million units in the fiscal ended March 2025. Compressed natural gas (CNG) vehicles contributed 19%, with the remaining 76% coming from petrol and diesel-fuelled internal combustion engine vehicles.

PLUS D'HISTOIRES DE Mint Kolkata

Mint Kolkata

Ford to retool TN unit with $370 mn

Ford Motor Co. plans to invest about 32.5 billion rupees ($366 million) in India to make new engines, the Detroit-based automaker said Friday, signaling renewed confidence in the country and defying Donald Trump’s promotion of American manufacturing as it reopens a factory closed four years ago.

time to read

1 min

November 01, 2025

Mint Kolkata

Mint Kolkata

The dangers of labelling

A fortnightly column about emotional well-being

time to read

2 mins

November 01, 2025

Mint Kolkata

Mint Kolkata

Custom fits for four-legged divas

From bespoke 'sherwanis' to hand-embroidered leashes, pet fashion is nearly as indulgent as human fashion

time to read

4 mins

November 01, 2025

Mint Kolkata

Mint Kolkata

How the Mughals built their empire on conquest and contracts

This timely book reminds us that the fate of nations has always been written as much in account books as in battles

time to read

5 mins

November 01, 2025

Mint Kolkata

Benetton ex-CEO Sridharan to join as Puma India head

Ramprasad Sridharan, former managing director and chief executive of Benetton India, is set to take over as managing director of Puma India, said two people in the know. India is one of the German sportswear retailer's fastest growing markets where it faces rising competition.

time to read

2 mins

November 01, 2025

Mint Kolkata

Stride raises $300-mn India, UK, GCC funds

Stride Ventures launched three funds across India, Gulf Cooperation Council and the UK, raising $300 million in the past six months to be deployed in respective territories, top executives at the venture debt platform said.

time to read

1 min

November 01, 2025

Mint Kolkata

Mint Kolkata

Big Tech is spending more than ever on artificial intelligence and it’s still not enough

Silicon Valley's biggest companies are already planning to pour $400 billion into artificial intelligence efforts this year. They all say it’s nowhere near enough.

time to read

3 mins

November 01, 2025

Mint Kolkata

Mint Kolkata

Return of the small car to even draw rivals: Maruti’s Bhargava

years, including Hyundai’s Santro and Eon, and Tata Motors’ Nano. Newer entrants completely skipped this segment in the face of rising consumer appetite for SUVs, which also tend to accrue better margins for manufacturers.

time to read

2 mins

November 01, 2025

Mint Kolkata

A guide to teas from Sri Lanka

I just finished the last of my Ceylon tea stash from last year and caught myself wishing I'd had a guide to its teas and terroir. So I decided to put one together.

time to read

2 mins

November 01, 2025

Mint Kolkata

Japanese automakers seek new ignition in innovation, India

Japanese carmakers are pinning hopes on technology and new launches to counter Chinese rivals' expanding footprint, shortages of rare-earth magnets and chips, as well as US tariffs-with India keeping their growth engines humming.

time to read

2 mins

November 01, 2025

Listen

Translate

Share

-
+

Change font size