The growth in FY25 is expected to be driven by higher Electric Vehicle (EV) sales supported by the Electric Mobility Promotion Scheme 2024, the expectation of interest rate cuts in the second half of FY25, and strong demand for new model launches.
Sales of Tata Motors' passenger vehicles, including the electric vehicles, have slumped in the month of June and the corresponding quarter, data released by the automaker showed on Monday
This EV surge in EV sales can be can be attributed to factors like, government incentive schemes like PLIs, infrastructure development like more EV charging points, increasing urban consumer interest, and government push to meet green target.
Taking to social media handle X, Gahlot said, "Delhi records a massive 19.5% EV sales of the overall vehicles sold in December 2023. It is the HIGHEST ever among any state in India to date. Overall in 2023, Delhi registered a total of 6,57,312 vehicles out of which 73,610 were Electric. Unde
Hyundai Motor Company aims to boost its annual electric vehicle sales to 2 million units by 2030, against its earlier target of 1.87 million in line with rising global demands.
According to the figures, automakers sold 807,180 all-electric vehicles in the US last year, or 5.8 per cent of all vehicles sold, up from 3.2 per cent a year earlier
New Delhi [India], March 16 (ANI): Union Road Transport Minister Nitin Gadkari on Wednesday informed Rajya Sabha that the sale of electric vehicles (EVs) have increased since 2020 in the country, and assured that the scenario would change in the next two to three years.
Singapore, June 22 (ANI): The recently announced electric vehicle (EV) incentives by India along with high fuel prices will be supporting factors for stronger adoption of EVs over 2020-2023, leading to an average annual growth rate of 26 per cent, Fitch Solutions said on Tuesday.