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MeitY has ordered app stores to remove BAT-BMS, Epoch-i-ion, and Lossigy after the apps were used to remotely cut power to e-rickshaws via unsecured Bluetooth battery systems. Drivers in Delhi and Gurugram reported losing full working days after vehicles were shut down mid-route.
MeitY ordered Google Play and Apple App Store on 3 July 2026 to remove apps that can cut power to e-rickshaws mid-journey via Bluetooth, after viral Delhi videos showed drivers being stranded. Two apps are already down, but the core flaw sits in unprotected battery firmware, not just the apps.
Delhi's LG formally notified the Delhi Electric Vehicles Policy 2026 on July 1, with immediate effect. The policy bans new petrol and CNG two-wheeler registrations from April 2028, offers subsidies up to Rs 30,000 on e-two-wheelers, and commits Rs 15,000 crore for EV infrastructure by 2030.
The CEOs of Toyota, Honda, and Ford have publicly warned that Chinese automaker competition threatens their companies' survival. Chinese rivals, aided by state subsidies and lower costs, are undercutting global auto brands on price. The warnings point to possible margin pressure and strategic shifts across the sector.
India's EV market is expanding rapidly but charging infrastructure is failing to keep pace with projected demand, creating a supply-side constraint. The gap between vehicle growth and station availability risks slowing adoption and pressuring automakers, fleet operators, and energy investors who have priced in
VinFast, Mahindra & Mahindra, BYD, JSW MG, and Kia are all targeting India's seven-seater EV market, aiming at affluent urban families. The multi-brand convergence intensifies competition for a high-margin segment where dealer network depth and financing terms may prove decisive.
Tesla's Q1 earnings report puts its robotaxi deployment timeline and large-scale capital expenditure plans under direct scrutiny. Both factors carry significant valuation weight, with autonomous ride-hailing central to Tesla's long-term growth thesis and heavy capex threatening near-term free cash flow. Any concrete
China's auto show, India state elections, and a TSMC technology event headline this week's key Asia-Pacific developments. The auto show tests EV competitive dynamics, elections gauge BJP's regional strength, and TSMC's roadmap disclosures could shift semiconductor demand expectations. Each carries distinct near-term
Control over global lithium supply has emerged as a defining strategic contest among nations and corporations as electric vehicle and grid storage demand accelerates. Concentrated reserves in South America and Australia give resource-holding countries significant leverage over battery supply chains. Automakers, miners,
Telangana Chief Secretary Shanti Kumari has ordered a real-time EV charging infrastructure dashboard and directed the Energy Department to draft a policy mandating charger installations in apartment basements. The move extends state EV infrastructure planning into private residential buildings, shifting compliance
Renault plans to launch seven new models in India by 2030 and elevate the country to a top-three global market. The Chennai plant will serve as a global export hub, embedding India into Renault's international supply and distribution chain. The rollout implies roughly one new model per year through the end of the decad
Glydways, backed by Khosla Ventures, has closed a $170 million raise and is in talks to add another $250 million as it prepares three pilot program launches. The additional capital would bring total funding to at least $420 million, covering the high capital-intensity phase of physical deployment. Pilot performance met
CEOs of Toyota, Honda, and Ford have publicly warned their companies may not survive intensifying competition from Chinese automakers. The threat centers on China's structurally lower EV production costs, enabled by subsidies and integrated supply chains, which compress margins for legacy players in export markets. Inv
Slate Auto raised $650 million in a Series C led by TWG Global's Mark Walter and Thomas Tull. The Jeff Bezos-backed startup targets a mid-$20,000 electric pickup truck with deliveries expected this year. The company was valued at $1.2 billion as of January 2025.
Slate Auto announced a $650 million funding round Monday, funding production of its entry-level electric pickup truck targeting mid-$20,000s pricing. The raise sharpens a direct competitive challenge to the Ford Maverick XL, currently the cheapest new pickup in the US. The elimination of the federal clean vehicle tax c
Tag
MeitY has ordered app stores to remove BAT-BMS, Epoch-i-ion, and Lossigy after the apps were used to remotely cut power to e-rickshaws via unsecured Bluetooth battery systems. Drivers in Delhi and Gurugram reported losing full working days after vehicles were shut down mid-route.
1mo ago · 4 min · Policy & Government
MeitY ordered Google Play and Apple App Store on 3 July 2026 to remove apps that can cut power to e-rickshaws mid-journey via Bluetooth, after viral Delhi videos showed drivers being stranded. Two apps are already down, but the core flaw sits in unprotected battery firmware, not just the apps.
1mo ago · 4 min · Policy & Government
Delhi's LG formally notified the Delhi Electric Vehicles Policy 2026 on July 1, with immediate effect. The policy bans new petrol and CNG two-wheeler registrations from April 2028, offers subsidies up to Rs 30,000 on e-two-wheelers, and commits Rs 15,000 crore for EV infrastructure by 2030.
1mo ago · 4 min · Policy & Government
The CEOs of Toyota, Honda, and Ford have publicly warned that Chinese automaker competition threatens their companies' survival. Chinese rivals, aided by state subsidies and lower costs, are undercutting global auto brands on price. The warnings point to possible margin pressure and strategic shifts across the sector.
4mo ago · 1 min · Business
India's EV market is expanding rapidly but charging infrastructure is failing to keep pace with projected demand, creating a supply-side constraint. The gap between vehicle growth and station availability risks slowing adoption and pressuring automakers, fleet operators, and energy investors who have priced in
4mo ago · 1 min · Business
VinFast, Mahindra & Mahindra, BYD, JSW MG, and Kia are all targeting India's seven-seater EV market, aiming at affluent urban families. The multi-brand convergence intensifies competition for a high-margin segment where dealer network depth and financing terms may prove decisive.
4mo ago · 1 min · Business
Tesla's Q1 earnings report puts its robotaxi deployment timeline and large-scale capital expenditure plans under direct scrutiny. Both factors carry significant valuation weight, with autonomous ride-hailing central to Tesla's long-term growth thesis and heavy capex threatening near-term free cash flow. Any concrete
4mo ago · 1 min · Markets
China's auto show, India state elections, and a TSMC technology event headline this week's key Asia-Pacific developments. The auto show tests EV competitive dynamics, elections gauge BJP's regional strength, and TSMC's roadmap disclosures could shift semiconductor demand expectations. Each carries distinct near-term
4mo ago · 1 min · Global Affairs
Control over global lithium supply has emerged as a defining strategic contest among nations and corporations as electric vehicle and grid storage demand accelerates. Concentrated reserves in South America and Australia give resource-holding countries significant leverage over battery supply chains. Automakers, miners,
4mo ago · 1 min · Global Affairs
Telangana Chief Secretary Shanti Kumari has ordered a real-time EV charging infrastructure dashboard and directed the Energy Department to draft a policy mandating charger installations in apartment basements. The move extends state EV infrastructure planning into private residential buildings, shifting compliance
4mo ago · 1 min · Policy & Government
Renault plans to launch seven new models in India by 2030 and elevate the country to a top-three global market. The Chennai plant will serve as a global export hub, embedding India into Renault's international supply and distribution chain. The rollout implies roughly one new model per year through the end of the decad
4mo ago · 1 min · Business
Glydways, backed by Khosla Ventures, has closed a $170 million raise and is in talks to add another $250 million as it prepares three pilot program launches. The additional capital would bring total funding to at least $420 million, covering the high capital-intensity phase of physical deployment. Pilot performance met
4mo ago · 1 min · Technology
CEOs of Toyota, Honda, and Ford have publicly warned their companies may not survive intensifying competition from Chinese automakers. The threat centers on China's structurally lower EV production costs, enabled by subsidies and integrated supply chains, which compress margins for legacy players in export markets. Inv
4mo ago · 1 min · Business
Slate Auto raised $650 million in a Series C led by TWG Global's Mark Walter and Thomas Tull. The Jeff Bezos-backed startup targets a mid-$20,000 electric pickup truck with deliveries expected this year. The company was valued at $1.2 billion as of January 2025.
4mo ago · 1 min · Business
Slate Auto announced a $650 million funding round Monday, funding production of its entry-level electric pickup truck targeting mid-$20,000s pricing. The raise sharpens a direct competitive challenge to the Ford Maverick XL, currently the cheapest new pickup in the US. The elimination of the federal clean vehicle tax c
4mo ago · 1 min · Business
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