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EV sales at 842,000 units in H1 2024 grow 16% but June numbers lowest in 12 months

EV sales at 842,000 units in H1 2024 grow 16% but June numbers lowest in 12 months

Ajit Dalvi     calendar03 Jul 2024

While EV sales at halfway stage in CY2024 are 55% of CY2023’s record 1.53 million units, compared to the blistering 49% growth seen last year, demand has fallen for three straight months in the wake of the reduced subsidy with June hitting ...

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India’s EV sector offers investment opportunities worth $500 billion, says Commerce Secy News
India’s EV sector offers investment opportunities worth $500 billion, says Commerce Secy

autherAutocar Professional Bureau calendar02 Jul 2024

“I think there is a whole gamut of activities which is going to open up through this energy transition. I feel this is...

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Behind VinFast's long term strategy in the EV market News
Behind VinFast's long term strategy in the EV market

autherAutocar Professional Bureau calendar02 Jul 2024

The partnership between VinFast and Marubeni signifies a proactive approach to addressing environmental concerns.

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EV demand gap between largest and mid-sized Indian cities shrinking: BloombergNEF News
EV demand gap between largest and mid-sized Indian cities shrinking: BloombergNEF

autherAutocar Professional Bureau calendar02 Jul 2024

A potentially large auto market and the expansion strategies of EV makers could make these tier 2 cities the next big ...

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Ampere aims to slash EV battery cost by 20% with LFP-CTP technology News International
Ampere aims to slash EV battery cost by 20% with LFP-CTP technology

autherAutocar Professional Bureau calendar02 Jul 2024

Working in conjunction with its suppliers LG Energy Solution and CATL, Renault Group company Ampere launches Cell-to-P...

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Electric 2W sales in first-half 2024 cross 525,000 units, already 61% of record 2023 Analysis Sales
Electric 2W sales in first-half 2024 cross 525,000 units, already 61% of record 2023

By Ajit Dalvi calendar01 Jul 2024

Given the current pace of demand for electric scooters, motorcycles and mopeds, this EV segment will cross a million u...

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Electric 3-wheeler sales rise 27% in first-half 2024 to 314,000 units Analysis Sales
Electric 3-wheeler sales rise 27% in first-half 2024 to 314,000 units

By Ajit Dalvi calendar01 Jul 2024

Demand for zero-emission passenger and cargo three-wheelers continues to grow at a rapid pace. January-June 2024 retai...

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Retrofitted 9-meter buses are 32.1% more cost-effective than a new EV bus: EGROW and Primus Partners report News
Retrofitted 9-meter buses are 32.1% more cost-effective than a new EV bus: EGROW and Primus Partners report

autherAutocar Professional Bureau calendar28 Jun 2024

The report showcases the economic and environmental incentives of retrofitting diesel-operated buses that contribute h...

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BEV sales in Europe see largest decline in May, down 11%  News International
BEV sales in Europe see largest decline in May, down 11% 

autherAutocar Professional Bureau calendar28 Jun 2024

Overall sales of passenger vehicles in Europe were down 2.5% to 1.09 million units in May 2024, dragged by the 11% and...

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Mitsui & Co and Marubeni Ventures invest in River's Series B funding News
Mitsui & Co and Marubeni Ventures invest in River's Series B funding

autherAutocar Professional Bureau calendar27 Jun 2024

Since its inception, River has raised $68 Million from esteemed global investors.

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

65.18%

No

 

34.82%

Total Votes : 876