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EV sales almost double to 90,000 in fy 23-24

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...
High premiums the latest thing weighing on China’s EV market

High premiums the latest thing weighing on China’s EV market

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,...
High premiums the latest thing weighing on China’s EV market

China’s latest EV is a ‘connected’ car from smart appliance maker Xiaomi

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...

Auto players line up array of new EV models in coming years on govt push to green mobility

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...
High premiums the latest thing weighing on China’s EV market

EAC-PM pitches for mandating EV sales by all automobile manufacturers

by AIP Online Bureau | Mar 6, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Technology

As per the EAC-PM, the number of EVs as a percentage of total vehicles in the country stood at 0.21 per cent, while EV four-wheelers as a percentage of the total four-wheelers amounted to only 0.08 per cent New Delhi: The Economic Advisory Council to the PM (EAC-PM)...
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