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Electric car sales in India to reach 1.3-1.5 lakh in FY25 With an improving adoption rate, electric car sales in India are likely to reach 1.3-1.5 lakh in the current fiscal year (FY25), according to a CareEdge Rating report.  After a record growth of 90 per cent with volumes at 90,432 units in FY24, the electric car penetration is consistently increasing in the country, driven by the government’s efforts towards a more sustainable, environmentally friendly, and efficient transportation sector. The shift to electric mobility extends...
Electric car sales in India to reach 1.3-1.5 lakh in FY25
Electric car sales in India to reach 1.3-1.5 lakh in FY25
Source: IANS
2024-06-25 04:48:38 pm
Tata plans Jaguar Land Rover EV imports to India under new policy, sources say India's Tata Motors plans to import its Jaguar Land Rover (JLR) luxury electric cars under a new government policy that lowers import taxes for companies agreeing to set up local manufacturing, two Indian government sources said. Tesla is also expected to start importing its cars to India and make an investment in the country, Reuters has reported, but Tata's plan if realised would make it the first local carmaker to opt for the policy designed to increase use of electric vehicles ...
Tata plans Jaguar Land Rover EV imports to India under new policy, sources say
Tata plans Jaguar Land Rover EV imports to India under new policy, sources say
Source: Reuters
2024-04-19 10:03:51 am
India developers seek to cash in on soaring EV sales with residential chargers More developers in India are putting electric vehicle chargers in parking slots of new developments, hoping to boost the value of the property and attract more buyers in a country where the charging infrastructure can't keep up with soaring EV sales. While EVs accounted for just 2.4% of India's vehicle sales in the first half of this year, EV sales grew 137% to 48,000 units during the same period, research firm Canalys says. The world's most populous nation is aiming to make...
India developers seek to cash in on soaring EV sales with residential chargers
India developers seek to cash in on soaring EV sales with residential chargers
Source: Reuters
2023-11-06 03:46:45 pm
Electric cars to increase by almost 10 times by 2030: International Energy Agency The energy world is set to change significantly by 2030, based on the current policy settings, which includes almost 10 times as many electric cars on the road worldwide, the International Energy Agency (IEA) said on Tuesday.According to the IEA's new 'World Energy Outlook 2023', the share of renewables in the global electricity mix would reach 50 per cent by 2030 from the current 30 per cent."The transition to clean energy is happening worldwide and it's unstoppable. It's not a question of '...
Electric cars to increase by almost 10 times by 2030: International Energy Agency
Electric cars to increase by almost 10 times by 2030: International Energy Agency
Source: IANS
2023-10-24 12:58:24 pm
Tesla exploring to build battery storage factory in India Elon Musk-run Tesla is reportedly planning to build a factory for battery storage in India and has submitted a proposal for the same to the government.According to a report in Reuters, citing sources, the electric car-maker proposed supporting the country's battery storage capabilities with its ?Powerwall" during recent meetings.Powerwall is an integrated battery system that stores solar energy for backup protection when the grid goes down.The system detects outages, powers your home and elec...
Tesla exploring to build battery storage factory in India
Tesla exploring to build battery storage factory in India
Source: IANS
2023-09-22 09:44:15am
Tata Motors tests export markets for EVs, to roll out EV-only dealerships in India Tata Motors, India's biggest electric carmaker, is testing its electric vehicles in some global markets where it could look at a potential launch if the experiment succeeds, its managing director told Reuters.The tests are in early stages and based on how the cars perform, Tata may need to make some changes to the product before it can finalise and develop a "go to market" strategy, Shailesh Chandra said in an interview."It is about which markets I should be in, with what products and with wh...
Tata Motors tests export markets for EVs, to roll out EV-only dealerships in India
Tata Motors tests export markets for EVs, to roll out EV-only dealerships in India
Source: Reuters
2023-09-14 05:25:05pm