Electric Cars In India

If MG Motor achieves the sales volume target, it would become the second-largest player in the segment with a market share of 20-24 per cent

Pure play electric car maker BYD targeting a sales of 15,000 units next year is launching a new model, increasing its distribution network and expanding production capacity if needed

India needs to set up 46,000 electric vehicle charging stations by 2030 to reach global benchmark, suggests a white paper released on Friday. EV charger ratio is 6 both for China and the Netherlands, 19 for the US while it stands 135 for India. That means there is one charger per 135 EVs in India compared to 6 in China, the white paper by Alvarez and Marsal, a global professional services firm, stated. The paper was launched at an electric vehicle conference, The EVConIndia 2022, here. The paper highlighted some key challenges affecting EV adoption and talked about six key issues of affordability, range anxiety, supply chain, product safety & quality, and inadequate access to financing. With a large automotive industry and pollution issues, India is ripe for innovation and rapid adoption of EVs in times to come, it said. Sub-segments of the industry can grow at a compounded average growth rate of of 50-100 per cent over the next five years if supply chain, product safety, product

'White gold' need for electric car batteries is scarce in the country and getting expensive internationally

The scarcity and poor viability of charging stations remains a major obstacle to the government's green mobility ambitions

Registrations are down, and ranking too. But the player insists it is ready for the many challenges staring it in the face

The total capital infusion for the EV Co. is envisaged to be approximately Rs 8,000 cr/$1 billion between FY24 and FY27

Both two- and four-wheeler EVs are available at various price points to suit your budget; you can also expect a slew of new models a few months down the line

Comes close on the heels of order signed with BluSmart for 3,500 Xpres-Ts

The BMW i4 is expected to be available in two variants - the eDrive40 and the M50 xDrive

The decision comes as a blow for the 4,000-odd employees at Ford India's Maraimalai Nagar plant near Chennai and in Sanand, Gujarat

While improvements in mileage and battery capacity have been made and are ongoing, issues of high price points and availability of charging infrastructure are also being addressed

Evolution of successful business models in electric mobility, as electric vehicles gain ground and BS VI norms for internal combustion vehicles come into place, will separate men from boys in sector

However, the actual number of electric vehicles could be much more as a lot of e-rickshaws operate without any registration

MG Motor would manufacture the electric SUV at its Halol plant in Gujarat

A large number of charging stations have been set up by the manufacturers of electric vehicles

The Indian government seems to have fallen for the Big Business' agenda of using electric cars even as climate change is accelerating