electric vehicles

News and Trends

Bajaj Auto Emerges on Top of the Electric Two-Wheeler Market in 2024

Bajaj Auto's platform, which integrates premium features while reducing production costs by 45 per cent, promises to further strengthen its margins. TVS, too, has enhanced its market presence, increasing its touchpoints to nearly 4,000 outlets alongside its 250 EV-specific stores.

Business News

'They Need to Expand': Tesla's Annual Sales Declined For the First Time in 2024. Here's Why.

The electric carmaker sold fewer vehicles in 2024 than it delivered in 2023.

News and Trends

3,200 New Outlets; Ola Electric Pushes Towards 4,000 Stores by Christmas

With introductory prices starting at INR 39,999, Ola's EVs cater to diverse markets, from rural to urban.

News and Trends

India Aims To Achieve 30% Share of EVs in New Sales by 2030: Report

India's EV market saw robust growth in 2023, with sales surpassing 1.5 million units; a 49 per cent increase compared to 2022. Notably, 95 per cent of these sales came from e2Ws and e3Ws, which play a pivotal role in India's transition to electric mobility.

News and Trends

Steering Toward a Sustainable Future: India's EV Public Charging Roadmap 2030

The report identifies 40 priority cities and 20 key highway stretches that could serve as the backbone of India's public EV charging infrastructure.

News and Trends

Noida International Airport Partners with Mahindra Logistics for Premium All-Electric Taxi Service

Passengers will have the flexibility to book rides through multiple platforms, including a dedicated mobile app, the NIA website, call centers, airport kiosks, and airline alliances. This multi-channel approach ensures 24/7 accessibility, catering to the diverse needs of travelers.

News and Trends

JSW Group Charges Ambitions with New EV Brand Launch in India

While specific details about upcoming models remain under wraps, the move signals JSW's entry into a competitive sector dominated by established players such as Tata Motors, Mahindra, and Hyundai.

News and Trends

Why are electric vehicles worth considering for more than just saving on fuel?

Electric vehicles, or EVs, are transforming the automotive industry by providing a technologically sophisticated, efficient, and environmentally friendly substitute for conventional gasoline-powered automobiles. EVs are recognized for saving gasoline but have many other advantages beyond this benefit.

News and Trends

Yulu Rides on Quick Commerce to Drive Growth and Profitability

Shared electric mobility provider Yulu has been riding on the rise of the hyper-local quick commerce segment in India to drive growth and profitability. Nearly 70 per cent of its business currently comes from the quick commerce segment, while food delivery and other segments account for the rest.

News and Trends

INR 16,000 Crore Is Required To Meet Public Charging Demand For EVs By 2030: Report

Innovation and research will be key in driving down costs and improving efficiency of electric vehicles.

News and Trends

Tata Motors On An Expansion Spree: Opens New EV Stores

With an eye on giving customers a different retail experience and a post-purchase exposure, where they have access to both the dealership facilities and company, the auto giant started on an EV exclusive retail footprint

News and Trends

How The Automobile Giants Performed in October 2024

October 2024's sales data reveals the shifting dynamics of India's passenger vehicle market. The festive season has underscored the growing demand for SUVs and MPVs, with Toyota Kirloskar and Mahindra & Mahindra emerging as clear winners by capitalizing on this trend.

Business News

Tesla Reports 'Record' Earnings as Musk Predicts It Will Become 'the Most Valuable Company in the World'

Tesla also noted this week that it has produced seven million vehicles.

News and Trends

Are EVs enough For Climate Emergency?

It is important that the transition is combined with a parallel movement in power generation, to greener and more disaggregated sources for maximum returns, say experts.

News and Trends

RSB Group Sets Long Term Target of INR 10,000 Crore

The company clocked in around INR 3,000 crore last year, and expects to close between INR 3,200 to INR 3,300 crore this year.