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.
which is the highest monthly sales figure achieved by the vehicle yet. Since its launch back in January 2020, over 4,500 units of the electric Nexon have been sold, and it is the most popular EV in our country currently.
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...
FADA 3-Wheeler Sales Surge To 106,524 Units In September 2024 By Syedhasan Continue Reading View All Truck News Frequently Asked Questions on Electric Commercial Vehicles Que.WHICH ARE THE POPULAR BRANDS OF ELECTRIC COMMERCIAL VEHICLES? Que.WHAT IS THE ELECTRIC COMMERCIAL PRICE IN INDIA 2024?
A fifth of Hyundai’s global sales comes from India,Bloombergsaid in a recent report. The emerging nation falls among the South Korean automaker’s top three revenue markets. At present, thepre-facelift Hyundai Ioniq 5is the brand’s only EV on sale in India. Thefacelifted Hyundai Ioniq 5...
According toCounterpoint Research, India's EV sales nearly doubled in 2023, driven by rising consumer interest and government initiatives, among other factors. It is expected to increase by 66% in 2024 to constitute 4% of total passenger vehicle sales. ...
Greenie Energy secures $600,000 in Seed Funding for EV charging expansion in India December 10, 20241 min read India ICE vs EV sales | For top 2W and 3W OEMs in November 2024 December 5, 20243 min read India’s Electric Vehicle sales trend | November 2024 ...
Global EV sales continue strong. A total of 4,3 million new BEVs and PHEVs were delivered during the first half of 2022, an increase of +62 % compared to 2021 H1. The regional growth pattern is shifting, though. Following 2 years of steep sales increases in Europe, EVs gained only ...
Passenger Car Association (CPCA), a first for a single month. With a monthly penetration rate of nearly 54%, August was the second month in a row that EV sales outpaced ICE vehicles. Forecasters now predict that China’s EV penetration rate will exceed 40% for the whole of 2024, and ...
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...