Search For "ev penetration"
Higher PLI allocation & policy support for rare earth minerals to boost EV
Updated : 3 months, 2 weeks ago IST
The three-time increase in allocation for the Production Linked Incentive (PLI) scheme for automobiles and auto components in the Union Budget 2026 is likely to significantly support electric vehicle (EV) penetration and localisation of component manufacturing, according to a report by Axis
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India needs 22% jump in EV sales over 5 yrs to hit 2030 target: NITI Aayog
Updated : 7 months, 3 weeks ago IST
India will have to accelerate electric vehicle (EV) adoption by over 22 per cent in the next five years if it wants to achieve the government's target of 30 per cent EV penetration by 2030, according to a report by NITI Aayog.
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India's EV growth is significantly lower than top 10 countries: Report
Updated : 11 months ago IST
India's electric vehicle (EV) growth is significantly slower than the top 10 global standouts, according to a recent report by Intelsense.
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Synergy Steels Celebrates India's EV Push- Stainless Steel Sector Eyes Maj
Updated : 1 year, 3 months ago IST
New Delhi [India], February 7: The anticipated increase in India's adoption of electric vehicles (EV), with EV sales forecasted to reach 30-35% of annual vehicle sales by FY30, according to SBI Capital Markets (SBICAPS), creates a large window of opportunity for the stainless steel indust
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EV penetration to surge in 3 yrs with reliable models, competitive prices,
Updated : 1 year, 3 months ago IST
The electric vehicle (EV) penetration will increase in the next three years due to the introduction of more reliable models at competitive price points and the possible growth of the charging network, according to the Axis Capital report.
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India's electric car penetration to surge to 9 per cent by FY30: Nomura Re
Updated : 1 year, 3 months ago IST
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.
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Delhi leads India in EV adoption: FICCI-Yes Bank report
Updated : 1 year, 5 months ago IST
The adoption of electric vehicles (EVs) in India is surging, with Delhi emerging as the leader in EV penetration, according to a report by FICCI and Yes Bank.
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EV registrations surge 26 pc YoY to reach 1.1 million units: Report
Updated : 1 year, 6 months ago IST
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.
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World EV Day: Over 50% of 3-wheelers, about 5% of 2-wheelers, and 2% of ca
Updated : 1 year, 8 months ago IST
As the world celebrates World EV Day, India's significant progress in adopting electric vehicles (EVs) across various categories is commendable, however there is still a long way to go.
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IRP to supply electric 3-wheeler Motor Controllers to Mahindra
Updated : 2 years, 2 months ago IST
Bangalore (Karnataka) [India], March 12: IRP Systems, a leading provider of cutting-edge powertrain solutions for e-mobility have entered into an agreement with India's leading electric 3-wheeler OEM - Mahindra Last Mile Mobility Limited (MLMML). IRP will supply MLMML with its advanced motor
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