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India's 45% of EV sales from South India

The report also revealed that over 123,000 units of battery electric vehicles are likely to be sold in India by end of 2024.Read more

Temico Motor to make powertrains for Indian EV manufacturers

It is expected to start mass production after gaining certification from the Bureau of Indian Standards next month.Read more

EV demand increasing rapidly in Indian cities; BloombergNEF

In 2023, Rajasthan’s capital Jaipur accounted for more than 79% of all electric cars sold in the state’s five tier 2 cities that were analysed. Read more

EV import scheme can affect Hyundai’s business

This policy will enable foreign OEMs to set up manufacturing bases in India, and also enter the domestic sales market, which will also intensify competition in the industry.Read more

Eicher rolls out 50,000th bus from Baggad plant

The 50,000th vehicle was an Eicher Skyline Pro E electric bus.Read more

Zen Mobility launches new pod variants- ThermoFlex and LoadMax

Equipped with cutting-edge technologies such as telematics, IoT integration, geo-fencing with remote vehicle locking, trip data monitoring, and battery state-of-charge (SOC) tracking, these variants are the result of extensive customer feedback and trials.Read more

Musashi starts mass production of EV two wheeler e-axles in India

Musashi has set-up capacity to produce 10,000 e-axles per month in phase 1. Read more

India can achieve net-zero emissions by phasing out fossil-fuel cars by 2038

In the base case ETS, passenger electric vehicle (or electric car) sales continue to rise globally, even though growth has slowed in the US and Europe as a result of regulatory and political changes, and some automakers pushing back their EV targets. Read more

Tata Motors, to spend Rs 160-180 billion as capex on EV arm till FY30

Giants like Tata Motors, Mahindra and Mahindra (M&M), Maruti Suzuki India Ltd (MSIL), Hyundai Motor India Ltd (HMIL), JSW MG Motor India, Nissan Motor Corporation, and Renault SA have indicated big-ticket investment for creating capacities.Read more

Sundram Fasteners receives Rs 40 billion in EV orders; to expand further

Sundram Fasteners aims to increase the share of non-automotive revenue from 30% to 50% over the next five years. Read more

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