India, identical to a number of different international locations, extremely is determined by oil imports to energy its mobility wants, each private and business. However, it won’t keep the similar in the subsequent 20 years. The rising local weather disaster, air pollution, congestion, excessive costs of oil, and worldwide commitments have immediately made the internal […]
Vision of Electric vehicle industry by 2030 – EQ Mag Pro
The Government wants India to be a 100%, electric vehicle nation by the year 2030. Under the new plan of the government, every car which will get sold in India from 2030 will be electric. Due to the competitive environment in the market, India’s auto industry has become one of the largest in the world. […]
Electric Vehicle Industry in India: Current Status, Government Policies, Future Outlook – EQ Mag Pro
The scope of the electric vehicle market is multifaceted, encompassing a wide range of stakeholders. For an automotive market that is the fifth largest in the world and expected to be the third largest, this requires widespread and rapid EV adoption. Thus over 3,30,000 EV units were sold in 2021, registering a growth of 168 […]
McKinsey & Company: How charging in buildings can power up the electric-vehicle industry
More than 50 million electric vehicles could be sharing roads in the next five years. Updating charging infrastructure is key to scaling the industry E-mobility has reached a tipping point. More than 250 new models of battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV) will be introduced in the next two years alone, […]
New sparks for the electric vehicle industry
Thinking back to the beginning of 2020 can seem like a lifetime ago. Before the pandemic took root on a global level, the transportation industry was already in the midst of a great and exciting transition. The move to electric vehicles (EVs) was intensifying. Take General Motors, for example. In early March, the company announced […]
Was 2019 a year of cheer for electric vehicle industry in India?
No doubt, the year saw may robust regulations and policies in favor of the budding electric vehicle industry of India but such steps have not translated into higher sales numbers. New Delhi: On many levels 2019 can be considered as a year of positive developments and synchronisation for India’s evolving electric vehicle industry. Throughout the […]