According to research firm Rho Motion, the extension of China’s auto trade-in incentives is expected to help boost global sales of fully electric and plug-in hybrid vehicles by at least…
EV sales
By 2030, it is anticipated that 20% of all auto sales will be electric vehicles (EVs), with the passenger car market likely to adopt EVs the slowest. But by the…
According to Prime Minister Narendra Modi, India’s EV sales are predicted to increase eightfold by the end of this decade, opening doors for both domestic and foreign manufacturers in the…
Suzuki Motor Corporation President Toshihiro Suzuki announced that his company will establish India as a global center for the manufacture of electric and hybrid automobiles. One of Suzuki’s biggest production…
Hybrid vehicles are becoming more popular than pure electric vehicles (EVs), which has complicated India’s plans to electrify its automobile industry. The EV30@30 project was the government’s initial goal, and…
According to a study by The Economic Times that cited statistics from Venture Intelligence, funding for India’s electric vehicle (EV) sector has drastically decreased, falling from $934 million in 2022…
According to data from market research firm Rho Motion, worldwide sales of fully electric and plug-in hybrid vehicles increased for a third straight record high in November, rising 32% year…
According to a Colliers India analysis, it is projected that over the next five to six years, around USD 40 billion will be invested in India’s electric vehicle (EV) and…
The PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) program, which went into force on October 1, 2024, and will continue to operate until March 31, 2026, has…
Market research firm Rho Motion reported that sales of fully electric and plug-in hybrid cars increased 35% globally in October compared to the same month the previous year, with China…