PM EDRIVE delivered 1.13 million EVs with half the subsidy per vehicle compared to FAME II, according to a new study by the Council on Energy, Environment and Water (CEEW). The report highlighted that the government now gives less subsidy to buyers, but the sales numbers went up significantl
China accounted for nearly 80 per cent of EV growth globally, with EV sales jumping from over 3 million in the first half of 2023 to more than 4 million during the same period in 2024, according to a report by the International Energy Agency (IEA).
Though fossil fuel consumption is expected to plateau between 2025 and 2035, investments in this sector are likely to continue in order to ensure energy reliability during the global transition to cleaner sources.
New Delhi [India], February 7: India's automotive sector continues to soar, with the industry poised to become a global leader in the dynamic world of automobiles. Contributing a significant 7.1 per cent to the nation's economy and employing over 37 million people, the sector remains a corne
New Delhi [India], October 4 (ANI): The total retail sales of vehicles witnessed 11 per cent year-on-year growth during September 2022, a report by the Federation of Automobile Dealers Associations (FADA) said on Tuesday. October would see auto retail on high grounds with 24 days of festivit