This rollout, featuring over 3,200 new outlets alongside its existing 800 stores, is one of the most extensive EV distribution expansions globally, underscoring Ola's commitment to democratizing EV adoption in India.
Bengaluru (Karnataka) [India], December 2: TVS Motor Company recorded monthly sales of 401,250 units in November 2024 with a growth of 10% as against 364,231 units in the month of November 2023.
New Delhi [India], November 27: Alt Mobility, a leading commercial electric vehicle leasing and asset management company has secured $10 million in a Series A funding round led by existing investor Eurazeo, a European VC and PE fund, and saw participation from other existing investors inclu
Madhya Pradesh Chief Minister Mohan Yadav has begun a six-day visit to the UK and Germany to promote investment opportunities in the state. The trip focuses on showcasing key sectors like renewable energy, electric vehicles, and food processing while fostering international partnerships.
"The Government of India has provided substantial support to the EV sector by levying only 5 per cent GST on electric vehicles, making them more affordable compared to the 28 per cent GST on petrol and diesel vehicles. However, the 18 per cent GST on batteries and charging infrastructure
Kapoor stated, "As was pointed out, we probably need to look at the taxation on batteries. Additionally, if someone provides charging as a service, GST becomes higher as it is treated as a service. This issue has already been flagged to the concerned authorities, but decisions on GST lie wit
Describing Auto LPG as a "Net Zero Hero," Gupta emphasized its transformative environmental and economic benefits in the push toward a cleaner automotive energy landscape.
Currently, nearly all of India's 15 GWh demand for Li-ion batteries is met through imports. However, this demand is projected to soar to 54 GWh by FY27 and further to 127 GWh by FY30, driven by increased EV adoption and decarbonization of the energy grid.
YTD EV penetration improved by 100 basis points (bps) year-over-year (YoY) to reach 7.6 per cent, with total EV registrations rising 26 per cent YoY to 1.1 million units.
Thiruvananthapuram (Kerala) [India], November 9: Kerala State Co-operative Institute of Information Technology, Electronics, and Communications (COSTECH), based in Thiruvananthapuram, India's first IT federal cooperative institution, is all set to establish 2000 EV charging stations across t
Changing weather patterns, which have recently led to supply deficits, could also add to the growing power demand. In FY25 alone, electricity consumption is expected to increase by 7.2 per cent year-on-year, reflecting consistent growth from the previous year's 7.1 per cent.
He said, "We have one of the best-selling EVs in Europe is our European Enyaq. The car was tested, the car was prepared for India. We have actually stopped bringing the car this year. Because there will be a huge facelift of the Skoda Enyaq coming in March following the new design languag