Govt unveils 30 kW indigenous system to boost EV mobility

IANS | March 2, 2026 6:07 PM

New Delhi, March 2 (IANS) In a major step towards strengthening indigenous capabilities in advanced power electronics, the government on Monday unveiled a 30 kW Wide Band Gap (WBG)-based Integrated Drive System (IDS) for electric vehicles (EVs) at IIT Madras.

Ola Electric shares sink 16 pc to record low

IANS | March 2, 2026 3:18 PM

Mumbai, March 2 (IANS) Shares of Ola Electric came under heavy selling pressure on Monday, falling as much as 16 per cent, as investors remained concerned about the company’s growth outlook and falling market share in the electric two-wheeler segment.