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...
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...
