Page 2 - Electric Vehicles Sales

Exponent Energy partners Altigreen to bring rapid charging for electric-CVs

The companies have unveiled an electric three-wheeler that rapid charges from 0-100 per cent battery capacity within 15 minutes at Exponent's e-pump network

EV industry may create 50 mn indirect jobs by 2030: IVCA-EY-Induslaw report

The industry attracted $6 billion in investments in 2021; this is expected to grow to $20 billion by 2030

Can Ola Electric ride over the multiple challenges and emerge stronger?

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

Tata Motors targets five-fold rise in electric vehicle sales by FY24

Will look to sell 100K units by next year, said Tata Motors chairman N Chandrasekaran

India must look at other options and not just EVs to curb emissions: Toyota

India must look at multiple technology options, including hybrids, to tackle carbon emissions and not just restrict to electric vehicles, a senior company official of Japanese auto major Toyota said

Haryana govt approves state EV policy, announces sops to manufacturers

The Haryana government on Monday approved the State Electric Vehicle (EV) Policy 2022 offering several financial incentives to EV manufacturers. A decision in this regard was taken at a meeting of the state cabinet which met here under the chairmanship of Chief Minister Manohar Lal Khattar. The EV policy offers various financial incentives to EV manufacturers by giving incentives on fixed capital investment (FCI), net SGST, stamp duty, employment generation, etc, an official statement said. There is 100 per cent reimbursement of stamp duty along with exemption in electricity duty for a period of 20 years. The SGST reimbursement shall be 50 per cent of the applicable net SGST for a period of 10 years. Companies manufacturing electric vehicles, components of electric vehicle, EV battery, charging infrastructure etc. shall be incentivized with capital subsidy. Mega industry shall get capital subsidy at 20 per cent of FCI or Rs 20 crore whichever is lower; large industry will get subs

India registers 162% growth in EV sales this year, says Gadkari

Union Minister for Road Transport & Highways, Nitin Gadkari on Thursday in the Lok Sabha said that India has registered overall 162 per cent growth in the sales of electric vehicles this year.

Electric scooter sales are likely to reach an inflexion point this year

Analysts predict sales of 0.7-0.8 million, which may account for around 13% of the scooter market

Global electric vehicles sales up 109% in 2021, Tesla leads with 14% share

Nearly 85 per cent of EVs sold globally were delivered to customers in Mainland China and Europe

Status check: Are there enough charging points to make EVs viable?

With one-fourth the range of gasoline powered vehicles on a full tank, EVs have seldom been the primary vehicles of choice and evoke, what is called, "range anxiety"

Explained: What attracts electric vehicle makers to Tamil Nadu

Over the past 6 months, several auto majors and component suppliers have chosen Tamil Nadu to set up electric vehicle manufacturing facilities to produce about 4.5 million EV two-wheelers cumulatively

Two-wheeler EV firms see growth in post-Covid demand for personal transport

SMEV data shows that two-wheeler EV sales between April and December stood at around 80,000 units - 3,000 units in Q1 (April-June), rising to 35,000 units in Q2 and 42,000 in Q3

Electric 2-wheeler demand showing signs of revival, outlook positive: SMEV

The registration of HSE2W stood at 2,544 units in September 2020 as against 1,473 vehicles sold in the corresponding month of last year

From Mahindra to Tata Motors, automakers charge ahead with EV plans

Growth could have been steeper had the fleet segment not got hammered due to the pandemic-induced curbs on public transport

How the electric car has evolved and why now is a good time to buy one

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

Slowing Chinese imports may delay automakers' electric vehicle target

Support from Centre on alternative fuel technologies and batteries holds key

Amazon commits 10,000 electric vehicles to its India delivery fleet by 2025

The fleet of 10,000 EVs will include three-wheelers and four-wheelers, which have been designed and manufactured in India

Future is green: 2020 may see re-birth of electric vehicles, say experts

Recently, Union minister Prakash Javadekar told Parliament about 285,000 buyers of electric/hybrid vehicles had been supported by a subsidy of Rs 360 crore under FAME.

India's EV dream: Does buying an electric car today really make sense?

The running cost of electric vehicles is lower, but there is a high upfront capital investment. Lack of charging infrastructure is another impediment

Stricter norms to propel electric cars to double-digit growth by '20: Study

Currently, EV industry comprises less than 1% of total vehicle sales and is dominated by two-wheelers (95%)