Electric Vehicles

EV Registrations in Jan-Aug 2021 Surpasses Last Year’s Total Registrations India is one of the few countries that support the global EV30@30 campaign, which targets to have at least 30% electrification of its new vehicle sales by 2030. Given this target and a strong government push over the last two years, the EV landscape is witnessing an increase in EV penetration in India. The push can be observed in terms of incentives offered under the FAME-II scheme and waiving-off of…

Registered EV sales drop 20% Y-o-Y in FY2021 The sales trend of Electric Vehicles in India during the fiscal year 2020-21 (FY21) is a rather distinguished case. Across this period, the EV market pursued the trade from one extreme reality to another. The monthly (or even quarterly) sales which began as abysmally low (owing to covid-19 induced disruption) transformed into the highest-ever registered figures by fiscal-end. The registered EV sales during Q1 of FY2021 shrunk 73% Y-o-Y to 8,387 units…

Registered EV sales in India in 2020 dropped by 26% on yoy basis The past year brought in a major shift in the course and dynamics of global markets. The e-mobility or the electric vehicle (EV) domain, just as any other industry, was vastly influenced by the effects of the global pandemic. Different YOY trends depicting the wavering track of EV sales is briefed hereafter. The overall registered EV sales Pan-India in 2020 dropped by 26% from 2019 sales. The…

Webinar Insights: E-Mobility Evolution in India Electric mobility in India is fast-evolving in terms of technology enhancement and value chain formation. It is transcending beyond its distinguished identity as the “cleaner mode of transportation” and is closing the gap on the conventional ICE-vehicles by achieving significant improvements in reliability & cost economics in the past couple of years. To ensure the development of a sustainable EV industry, it is highly imperative to have a robust collaboration between all relevant stakeholders…