In 2023, even as India's passenger vehicle (PV) sales* grew 10% YoY, its electric vehicle (EV*) sales nearly doubled to account for 2% of the overall PV sales. This EV surge can be attributed to multiple factors, including increasing urban consumer interest, government initiatives, infrastr...
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.
EVs are set to outsell internal combustion engine vehicles in China for the first time in 2025. Analysts at S&P Global Mobility also forecast a 117% EV growth in India in 2025 to 7.5% market share (of light vehicles). In Europe, EV sales are projected to increase by 43%, with a 20.4...
ETO Motors is a 360-degree electric mobility solution provider. We offer electric three wheelers, electric autos and EV charging solutions in India.
Deliveries will begin in March, said Shrirang Joshi, national sales head of electric passenger vehicles in India. He said the model will have two variants. “It gives a range of 1,092 km with full charge and full tank,” said Rajeev Chauhan, head of electric passe...
Electric Vehicle (Ev) Power Inverter Market size is estimated to grow by USD 9134.9 million from 2024 to 2028 at a CAGR of 9% with the full hybrids having largest market share. Increasing sales of BEVs and PHEVs will be a key driver fueling the electric
Electric vehicles (EVs) are on track for significant growth in 2025, with global sales expected to increase by 30%. According to S&P Global Mobility, EVs are projected to account for 16.7% of global vehicle sales, up from 13.2% in 2024. This means that by next year, 15.1 million ...
Electric 2-wheeler Sales see 29 pc Growth in India in Nov AmericaChinaEuropeIndiaIndustry Forecast EV Charging Equipment Market Global Outlook & Forecast 2024-2029 IndiaIndustry Forecast EV Sector Needs Graded PLI 2.0 For Startups, Smaller Players: Sulajja Firodia Motwani ...
FDI in Transport, EV sales and Governance in India: Probing Co-integration Through VECM ModelFDITransport InfrastructureGovernment policiesElectric vehicles (EVs)Mobility FrameworkVECM modelIndias transport sector is constantly evolving, owing to rapid urbanization, increased pollution, and burgeoning ...
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...