by AIP Online Bureau | Apr 15, 2024 | Eco/Invest/Demography, Non-Life, Technology
Now with reports of Tesla’s entry in the Indian market, and its CEO Elon Musk India visit this month, experts say Indian EV market will see immense growth in next few years. Currently Tata Motors held over two-thirds of the country’s EV market, but...
by AIP Online Bureau | Apr 9, 2024 | Data, Eco/Invest/Demography, Technology
Tata Motors led the segment with registrations of 64,217 units, up 66 per cent over 38,728 units in the 2022-23 financial year. New Delhi: Electric vehicle retail sales in India increased last fiscal with all the segments, including passenger vehicles and...
by AIP Online Bureau | Apr 5, 2024 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
According to S&P Global Ratings, that means the premiums for electric cars can range from 20% higher to double fuel-powered vehicles. In China, most people providing online car-hailing services also drive EVs, which is another risk factor insurers are looking at,...
by AIP Online Bureau | Mar 28, 2024 | Eco/Invest/Demography, International News, Non-Life, Technology
The combined share of EVs and hybrids in China’s auto sales is likely to reach 42 per cent to 45 per cent this year, up from 36 per cent in 2023, according to Fitch Ratings. But the agency said in a December report that the competition could put pressure on...
by AIP Online Bureau | Mar 25, 2024 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography
Earlier this month, the government approved an electric-vehicle policy, under which duty concessions will be given to companies setting up manufacturing units in the country with a minimum investment of USD 500 million, a move aimed at attracting major global players...
