by AIP Online Bureau | Jan 9, 2024 | Data, Eco/Invest/Demography, Non-Life, Reinsurance, Technology
The EV industry had recorded a total sales of 10,25,063 units in 2022, as per the data. New Delhi: Electric vehicle sales in India jumped 49.25 per cent year-on-year to 15,29,947 units in 2023, according to a data released by the Federation of Automobile...
by AIP Online Bureau | Dec 24, 2023 | Eco/Invest/Demography, Non-Life, Technology
Passenger vehicle sales are expected to cross 40 lakh units this year and prices are set to rise from January. ”The overall outlook for the Indian automobile industry in 2024 looks good which can be attributed to the all-round economic growth of the country,...
by AIP Online Bureau | Dec 22, 2023 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Policy
Union minister Nitin Gadkari said the government has also permitted retrofitting of existing polluting vehicles into hybrid and fully EVs. The regulations have been finalised and technology demonstrations done successfully, he added. He said the government intends to...
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....
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...
