The penetration of electric cars in India is projected to rise significantly, reaching 9 per cent by FY30 from the current 2 per cent, according to a report by Nomura. This shift is part of the country's broader transition toward sustainable and eco-friendly mobility solutions.
In a significant development for India's electric vehicle (EV) industry, EV maker Tesla has lately intensified its efforts to bolster its presence in the Indian market and is actively scouting for a suitable location to set up a state-of-the-art manufacturing plant.
Mumbai (Maharashtra) [India], June 2 (ANI): Reliance BP Mobility Limited, which operates under the brand 'Jio-bp', MG Motor India and Castrol India have signed a partnership agreement to explore mobility solutions for electric cars in India.
New Delhi [India], May 11 (ANI): Tata Motors has launched the long-range version of the Nexon EV to take on the competition in the electric SUV segment.
New Delhi [India], April 15 (ANI): With climbing fuel costs weighing down on their pockets, the average commuter is now looking at electric vehicles, which are both budget-friendly and gentle on the environment.