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Global EV sales stay strong, China hits record despite end of subsidies

by AIP Online Bureau | Nov 14, 2023 | Data, Technology

“What’s notable about October’s figures is that EV demand in China continues to reach record highs even though the subsidies were cut … 2023 is set to be another banner year for China in terms of EV sales,” the market research firm said....
Global EV sales grow 50%, China market faces slowdown

Global EV sales grow 50%, China market faces slowdown

by AIP Online Bureau | Sep 1, 2023 | Eco/Invest/Demography, Non-Life, Technology

“Tesla is obviously a big influence, but increasingly Hyundai Kia, Volkswagen, BMW, and Mercedes are moving the needle in premium,” said Soumen Mandal, senior analyst for automotive New Delhi: The global electric vehicle (EV) sales grew 50 per cent (year-on-year) in...

EV sales to hit 10 lakh mark in India by end of decade: Tata Motors

by AIP Online Bureau | Aug 13, 2023 | Climate, Environment, Renewable Energy, Data, Non-Life, Technology

When asked about the sales targets for Tata Motors in the EV segment, Chandra said: ”We have really said that in the next four to five years we will target 25 per cent penetration and by the end of this decade we would have 50 per cent penetration is what we are...
All new tourist vehicles in Goa to be EVs from Jan 2024: CM Sawant

All new tourist vehicles in Goa to be EVs from Jan 2024: CM Sawant

by AIP Online Bureau | Jul 19, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life

Chief Minister Pramod Sawant said new vehicles purchased by the government from January 2024 will mandatorily be EVs As per a recent study, 40 per cent of the total carbon emission generated in Goa is due to the operation of vehicles, he said. Panaji: All new tourist...
Global EV sales grow 50%, China market faces slowdown

EV batteries remain major challenge for insurers – UK’s Thatcham

by AIP Online Bureau | Jul 5, 2023 | International News, Non-Life, Reinsurance

Batteries can make up half of an EV’s cost and Thatcham found a replacement battery can cost more than the used price of the vehicle after only one year, making replacing them uneconomical LONDON: A lack of data on electric vehicle (EV) batteries continues to...
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