According to an analysis by global investment advisory firm Bernstein, the Indian EV segment is expected to grow 15-20 times to reach annual sales of 15-20 million units over the next decade.
Electric vehicles make progress in the global car market, increasing their share from roughly 4% in 2020 to 14% in 2022. Nevertheless, internal combustion engine (ICE) cars maintain their dominance in global vehicle sales.
Amaravati: The process of retrofitting passenger auto rickshaws and converting them into electric vehicles has begun in Andhra Pradesh and as many as 4,000 electric vehicle (EV) charging stations are being set up for the purpose. The New Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has identified the areas for setting up the EV […]
Hyderabad: EvGateway, a turn-key electric vehicle (EV) infrastructure solutions provider headquartered in California, USA with presence across the United States, Latin America, Europe, Asia, and the Middle East market, has launched its operations in India. Through this, the company will provide innovation in the Indian EV marketplace and help advance electric vehicle adoption, by offering […]
Hyderabad: Hyderabad-based ETO Motors, which manufactures electric three-wheelers under the brand Bulke Plus and passenger vehicles under the brand Trilux, has drawn up plans to set up a second manufacturing unit in the city. The company already has one manufacturing unit with a capacity to make about 600 units per month. It had announced an […]
The country's largest two-wheeler maker, which had crossed the 100 million cumulative production mark in January this year, is now set for the next phase of its expansion and growth.