Page 6 - Electric Vehicles Sales

30% of two-wheelers will be electric by 2030 as adoption picks up: Study

FY22 will be 'year of inflection' for industry; clean energy mobility to help India reduce carbon emissions

New LML not primarily focused on price and range: MD Yogesh Bhatia

'The company is targeting to earn Rs 300 crore revenue in the first year after launching the first vehicle'

Price hikes in electric scooter models? 'Unlikely', says Ola Electric

The government has extended the earlier October 1 deadline for the implementation of new battery testing norms for electric vehicles (EVs)

EV sales likely to jump by over 4X by 2025 in India: Deloitte Touche

It will be largely led by two-wheelers, followed by three-wheelers and commercial vehicles and passenger vehicles, respectively

EVs need the spark of regulation in India to accelerate transition: Experts

Mandated battery standards are becoming imperative if India is to accelerate the transition from traditional vehicles

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