With 85 per cent of respondents expressing an interest in premium vehicles and a notable rise in the preference for hybrid vehicles over electric vehicles (EVs), the survey marks a turning point for the industry.
The declaration serves as a call to action for the EV Ecosystem, inviting stakeholders to join forces in order to mobilise the swift uptake of EVs across commercial fleets.
Mumbai (Maharashtra) [India], October 11: Zurich Kotak General Insurance, an insurer in India highlights the impact of electric vehicles on car insurance policies. The automotive industry is witnessing a significant transformation with the growing adoption of electric vehicles (EVs) in India
Gurugram (Haryana) [India], October 4: MG Windsor EV, India's 1st Intelligent CUV, received a significant customer response minutes after the bookings commenced on Thursday, October 3, 2024, at 7:30 am. Within 24 hours, the company secured bookings for 15,176 units, making MG Windsor Indi
Mumbai (Maharashtra) [India], October 4: Ushering in the festive season with grandeur, Ashwin Sheth Group (ASG), a leader in luxury real estate, is launching its most exciting campaign yet-- 'Kismat ki Chaabi', designed to celebrate the festive fervour of Durga Puja, Navratri and Diwali (it
Vadodara (Gujarat) [India], October 1: Sudeep Pharma Private Limited (Sudeep Pharma) announces its expansion into the Clean Energy Storage sector with the launch of its subsidiary, Sudeep Advanced Materials (SAM). This self-funded initiative will focus on the production of Iron Phosphate for
The scheme aims to accelerate the adoption of electric vehicles (EVs) in India, focusing on electric two-wheelers (e-2Ws), electric three-wheelers (e-3Ws), electric buses, and other emerging EV categories. Background and Evolution of EV Promotion Schemes
The electric vehicles (EVs) in India are set to consume a significant share of the country's electricity by 2035, highlighted a report by IKIGAI Asset Manager Holdings, an investment management firm.
Government subsidies and declining battery prices are making electric vehicles (EVs) more accessible even though they still have higher upfront costs than conventional internal combustion engine (ICE) vehicles, Axis Securities said in an analysis.
The journey of shifting to electric mobility is not going to be easy for automakers as it is tough to generate profitable margins and get scale in the electric vehicles (EVs) segment, says a research report by Bernstein.
India's automobile sector's shift to EVs will not solely rely on electric vehicles but will also include hybrids and plug-in hybrids, as per a report by Elara Securities.