by AIP Online Bureau | Aug 31, 2022 | Data, Technology
”As of March 2022, the number of EVs on Indian roads had surpassed one million. This number is likely to grow to 45-50 million EVs on road by 2030,” it said ‘Currently, only about 1,700 public charging stations are operational across the country...
by AIP Online Bureau | Jul 26, 2022 | Eco/Invest/Demography, Indian News, Technology
Central Consumer Protection Authority (CCPA) Chief Commissioner Nidhi Khare said the authority will commence the hearing on this matter soon.”We have issued notices to 4-5 companies. We asked them to provide reasons for series of fire incidents in EVs and why...
by AIP Online Bureau | Jul 14, 2022 | Indian News, Life
MR Kumar, chairman,LIC LIC’s VNB (Value of New Business ) margin, for the year ended Fy 2021-22 is 15.1 per cent as compared to VNB margin of 9.9 per cent for Fy 2020-21 The corporation’s VNB for year ended March 31, 2022 has been calculated to be Rs 7,619...
by AIP Online Bureau | Jul 9, 2022 | Eco/Invest/Demography, International News, Technology
“With EVs comprising just 12 per cent of the total passenger vehicle shipments during the first quarter of 2022, there is a lot of scope for expansion. Fresh players are entering the market to benefit from the opportunity,” Senior Research Analyst Soumen...
by AIP Online Bureau | Jun 23, 2022 | International News, Non-Life, Technology
EVs accounted for less than 8% of global sales last year, and just under 10% in the first quarter of 2022 To support that demand, automakers and suppliers now expect to invest at least $526 billion on EVs and batteries from 2022-2026, the firm said at its annual...