The rupee gained 42 paise to close at 91.51 (provisional) against the U.S. dollar on Monday (February 2, 2026), a day after the Union Budget 2026-27 was presented, largely as crude oil prices retreated from their elevated levels. Also Read | Rupee hits all-time low of 92 against U.S
The Union Budget 2026 has proposed a significant change that directly affects investors who borrow funds to invest in dividend-paying stocks or mutual funds. The proposal removes the existing tax benefit that allowed investors to claim a deduction on interest paid for such borrowings
West Bengal emerged as a major beneficiary of railway-led infrastructure expansion this weekend, with a series of announcements signalling a significant boost for connectivity in the state, particularly in North Bengal. A day after the Ministry of Railways cleared three new railway line projects
Hours before she was scheduled to lead a Trinamool Congress (TMC) delegation to meet Chief Election Commissioner Gyanesh Kumar in Delhi over the Special Intensive Revision (SIR) of electoral rolls, West Bengal Chief Minister Mamata Banerjee on Monday alleged that Bengalis in the Capital were being
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Toyota’s first electric car for India: Urban BEV to make EV debut this month; what to expect
Toyota’s first electric car for India: Urban BEV to make EV debut this month; what to expect
Toyota Urban Cruiser EV Details: Toyota is preparing to enter India's fast-growing electric vehicle segment with the launch of its first all-electric car, the Urban BEV, expected to debut later this month. The model is essentially the production-ready version of the Urban BEV Concept showcased at the previous Auto Expo and marks a major step in Toyota's electrification strategy for the Indian market.
The Urban BEV will share its underpinnings with the upcoming Maruti eVitara, positioning the two as closely related siblings. However, Toyota has made clear efforts to give its electric SUV a distinct identity while retaining proven mechanical elements.
Visually, the Urban BEV adopts a new front-end design that sets it apart from the eVitara. While the side profile and rear styling closely mirror the Maruti electric SUV, Toyota has reworked the face to align with its global EV design language.
The production version is expected to look largely identical to the concept model with additional new colour options and unique alloy wheel designs helping differentiate it further. Overall proportions, body lines and stance are expected to remain unchanged, reinforcing its compact SUV credentials.
Inside the cabin, the Urban BEV is likely to mirror the eVitara's interior layout, including the dashboard design and feature set. However, Toyota may introduce changes through different upholstery materials and colour themes to give the cabin a distinct feel.
Mechanically, the Urban BEV is expected to be offered with the same battery pack options as the eVitara — 49 kWh and 61 kWh units. The driving range is also expected to be comparable. At this stage, Toyota is not expected to offer an all-wheel-drive dual-motor setup, keeping the focus on efficiency and affordability.
Toyota's first electric car arrives in a segment that is already highly competitive. Established EV players such as Tata Motors, Mahindra, and MG Motor have built strong portfolios, while new entrants continue to raise the bar.
The Urban BEV is expected to be priced in line with its rivals, with competition likely coming from upcoming models such as the Hyundai Creta Electric. The Toyota EV may carry a slight premium over the Maruti eVitara, though final pricing details for both models are yet to be revealed.
Industry observers see the Urban BEV as a statement product for Toyota — a signal of its intent to strengthen its electric footprint in India. More information is expected in the coming days, ahead of the January 20 launch, when Toyota is likely to reveal full specifications, pricing, and availability.
Source: Msn
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