In Short : Electric vehicle (EV) sales in India more than doubled in September, boosted by strong consumer demand, government subsidies, and expanding charging infrastructure. The surge was led by two-wheelers and passenger EVs, signaling accelerating adoption of clean mobility solutions as manufacturers introduce new models and invest in sustainable transport technologies across the country. […]
India’s Electric Vehicle Market Accelerates as EVs Near 5% of Car Sales, Signaling Shift Toward Mainstream Adoption – EQ
In Short : Electric vehicles now make up nearly 5% of India’s passenger car sales, almost doubling from 2.6% last year. Rising consumer demand, supportive government policies, and growing charging infrastructure are driving this surge. Major automakers like Tata Motors and MG Motor lead the trend, signaling India’s accelerating shift toward cleaner and more sustainable […]
New cars charging into Australia’s electric vehicle market in 2023 – EQ Mag
From high-end luxury sedans, to modest hatchbacks – we take a look at 10 of the new models set for release in 2023 Australia can’t brag about having the world’s most developed or diverse electric vehicle market, but that may be about to change in 2023 with a range of new battery-electric cars expected for […]
Electric vehicle market in India expected to hit 63 lakh units per annum mark by 2027: IESA
“In the base case scenario, the EV market is expected to grow at CAGR of 44 per cent between 2020-2027 and is expected to hit 6.34-million-unit annual sales by 2027,” the IESA report said. The electric vehicle (EV) market in India is expected to hit over 63 lakh unit mark per annum by 2027, according […]
Investors Pile into the Accelerating Electric Vehicle Market
NEW YORK : Since 2013, the sale of electric vehicles (EV) in the United States has grown by an average of 25% a year (http://nnw.fm/B2GRb), a stunning figure when compared to the anemic 1.4% overall growth of the US auto market over the same interim. Despite the stellar growth rate, EV sales only account for […]
WiTricity Licenses Green Power to Build Wireless Chargers for South Korean Electric Vehicle Market
WiTricity, the industry pioneer in wireless power transfer over distance, has entered into licensing and technology transfer agreements with Green Power, a leading South Korea-based supplier of power electronics and high power wireless charging systems for various applications. The agreements allow Green Power to leverage WiTricity’s innovative technology and reference designs for wireless electric vehicle […]
Govt refuses to budge on electric vehicle deadline for 2- and 3-wheelers
The start-ups said unless India had size and scale in EVs, it would miss the worldwide e-mobility revolution The government has refused to relent on the deadlines it has given two- and three-wheelers for running on batteries. The deadline for three-wheelers is 2023, and that for two-wheelers having up to a 150-cc engine is 2025. […]
China’s Electric Vehicle Market: A Storm of Competition Is Coming
China is the world’s biggest market for electric vehicles — and conditions are ripe for a shakeout. China’s booming electric vehicle industry is headed for some tough price competition followed by a shakeout, according to experts. The competitive landscape for China’s EV market is changing dramatically on several fronts. The phase-out of Chinese government subsidies […]