Penetration is estimated to rise to 35-40 per cent by FY2030 as the product gains more acceptance and financing-related challenges subside
In the ongoing fiscal, the company expects to end with over 1 lakh units sales and in 2023-24 it could be around 2.5 lakh units
In September 2022, Hero MotoCorp's board approved an equity investment of up to USD 60 million in California-based Zero Motorcycles, a leading player in electric motorcycles and powertrains
The two companies said their move is aligned with Zomato's commitment to 'The Climate Group's EV100 initiative that implies 100 per cent EV adoption by 2030' and is also in line with SUN Mobility's mission to electrify...
The report pointed out that EVs have implications on jobs and pollution and it identified 13 issues related to interests of consumers, industry, and the government for an evaluation
The chief minister said a committee would be constituted to decide all the modalities and specifications for the prototype e-buses under the chairmanship of the state chief secretary
Besides announcements like Rs 25,000 in subsidy to around 20,000 meritorious girl students for the purchase of e-scooters and Rs 1,500 per month in pension to 2.31 lakh women, Himachal Pradesh CM Sukhvinder Singh Sukhu in...
"We at MG, through 'Comet', intend to take the needed decisive steps and a 'leap of faith' in the direction of creating solutions for a better future for each one of us," Chaba said
Nissan plans to roll out 19 electric vehicle models by 2030, up from an earlier 15, it said. Earlier this month
The application of AI would result in the creation of new jobs as it did happen at the time when computer technology was introduced in India
TII aims to play a significant role in the electrification of vehicles in the productive segment to enable India's 30 per cent EV penetration target by 2030
The EV market in India was valued at $800Mn in 2019 which is expected to rise to $7.6Bn by 2026 and touch $20Bn by the end of this decade. This exponential...
Raman Bhatia, Founder and MD of SPSL said, the Middle East and Africa present a huge untapped market potential and a sea of potential electric vehicle users
Ola Electric Mobility Pvt Ltd signed a memorandum of understanding committing investments worth Rs 7,614 crore with the Government of Tamil Nadu in the...
Under the EV policy rolled out in September 2022, the UT administration will stop registration of non-electric two-wheelers and three-wheelers from the 2024-25...
Toyota officials have always said they have BEV technology, which stands for “battery electric vehicles,” or pure EVs. But that market has so far been...
ABB robots are also used for painting and battery assembly in one of the largest electric scooter factories in the world, which is located in Tamil Nadu.
The study will analyse the effectiveness of media campaigns associated with the programmes, including '10 Hafte, 10 Baje, 10 Minute' associated with dengue...
Ethanol blending in petrol has been gradually increasing in the last several years, and India achieved 10 per cent ethanol blending in 2022, according to ICRA
The credit relief measures given to MSMEs in the Union budget are a welcome move, SMEV said and added that since many EV manufacturers also fall in this...
Sitharaman in her Budget speech on Wednesday proposed an increase in BCD on several items to "promote exports, boost domestic manufacturing, enhance domestic...
A predominantly two-wheeler market, India's overall EV penetration, including two-wheeler stood at around 3 per cent of the total automobile sales in 2022...
The survey tabled in Parliament on Tuesday said that in December 2022, India became the third-largest automobile market, surpassing Japan and Germany in terms...
The finance minister has held several rounds of discussions with various stakeholders, and final touches are being given to the Union Budget for 2023-24 which...
The three-year partnership with the automotive electrical component maker will also help the company extend its sales and marketing services to facilitate the...