Tag: Electric Vehicle (EV)

EV Industry in India is not relevant without incentives: Bernstein

Bernstein rates Bajaj Auto with an "Outperform" rating due to its lower valuations, while TVS, Hero, and Eicher are rated as "Market Perform."

September 26, 2024

Ministry of Heavy Industries working to make India a global hub for green mobility: H.D. Kumaraswamy

In his address, Union Minister Kumaraswamy emphasized the Ministry's unwavering commitment to advancing India's electric vehicle (EV) ecosystem.

September 4, 2024

EV Industry seeks incentives, funds for infrastructure, tax rationalisation from Budget

The EV sector is at a critical juncture, with every player striving to capture market share.

July 14, 2024

FY25 will see a 7-9 pc growth in two-wheeler sales, down from 9.8 pc in FY24

In the last financial year of 2024, the volume growth of the industry was recorded at 9.8 per cent.

July 9, 2024

Indian Army propels towards zero-emission by introducing 113 electric buses

The 40-seater buses with an endurance of 250 kilometres are primarily for deployment in the plains and semi-hilly areas and are currently at the trial stage for procurement.

July 3, 2024

BMW Group India Attains Highest-Ever Half-Yearly Car Sales

BMW Group India experienced a +21% increase in car sales (BMW + MINI) in the first half of the year, fuelled by high demand for its sports activity vehicles, luxury class and electric cars.

July 3, 2024

After US and EU, Canada considering imposing tariffs on Chinese-made EVs

Last month, US President Joe Biden unveiled a bundle of steep tariff increases on an array of Chinese imports, including electric vehicles.

June 25, 2024

EV sales up by 40 pc to 1.75 million units in FY2024 in India

EV two-wheelers sales were up 29 per cent on YoY basis to 10,09,356 units.

June 12, 2024

Musk invites billionaire investor Warren Buffett to invest in Tesla

Musk had even invited Buffett to invest in Tesla early on, when the company was worth 0.1 per cent, or less than $7 billion, from what it is today.

May 6, 2024

Eco-friendly cars’ sales cross 100,000 in South Korea in Q1

Sales of electric vehicles, meanwhile, plunged 51.4 per cent on-year to 15,237 units in the first quarter.

May 5, 2024