Approximately 14 million electric car vehicles were sold across the world in 2023, in which it made up 18% of total car sales, up from 14% in 2022.
GlobalAutoIndustry.com’s latest Audio Interview “India EV Market: Update 2023” features Nabeel A Khan. Mr. Khan is Founding Editorm
India overtook China in 2023 to become the biggest market for electric three-wheelers, with over 580,000 sales, the International Energy Agency said inits latest "Global EV Outlook" report. The country is also the second-largest electric two-wheeler market globally, the report added, with...
India EV Battery Pack Market Trends THE INDIAN ELECTRIC VEHICLE MARKET IS DOMINATED BY TATA MOTORS TATA MOTORS ACCOUNTS FOR OVER 60% OF EV SALES IN INDIA, DRIVING BATTERY PACK DEMAND OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT Segment Analysis: Body Type ...
To promote EVs, the government intends to continue its tax incentives that began in 2023. The tax reduction and exemption for value-added tax and luxury sales tax will continue until the end of 2024, while import tariff exemption will last until the end of 2025. Purchase subsidies for electri...
Tata Nexon EV took the top spot on the EV sales chart once again last month, beating MG ZS EV and Hyundai Kona EV by a significant margin
In emerging EV markets, growth is taking off. Sales in India, Thailand, and Indonesia have doubled since 2021. EV sales are expected to increase to 14 million this year, though sales in the first quarter have already been a disappointing 2.3 million units, up only 35 percent compared to ...
FDI in Transport, EV sales and Governance in India: Probing Co-integration Through VECM Modeldoi:10.1007/s40890-024-00215-zFDITransport InfrastructureGovernment policiesElectric vehicles (EVs)Mobility FrameworkVECM modelIndia's transport sector is constantly evolving, owing to rapid urbanization, increased...
According to the "Global EVOutlook 2023" report released by the International Energy Agency (IEA) on Wednesday, global sales of electric vehicles (including pure electric and plug-in hybrids) exceeded 10 million in 2022, with China accounting for 60 percent. ...
In conversation with Hormazd Sorabjee, Balbir Singh Dhillon, Head, Audi India talks of the new e-tron GT, EV buyers in India, scope for local assembly and more.