According to the statement, the sales of EVs in India fell by a sharp 20 per cent in financial year 2020-21 to 2,36,802 units. NEW DELHI: The Society of Manufacturers of Electric Vehicles (SMEV), an industry body for the electric vehicle industry, released data on Thursday that shows that the pandemic has had a hard […]
Electric vehicle sales in India declined in FY2020-21: SMEV
The electric vehicle sector in India registered a 19.91 per cent sales decline in the last financial year as compared to FY2019-2020. The electric two-wheeler segment witnessed a six per cent decline. KEY HIGHLIGHTS Electric two-wheelers sales declined by 6 per cent in FY2020-21 Electric cars sales increased by 52.93 per cent in FY2020-21 EV […]
After a 5-year growth run, electric vehicle sales decline 20% in FY2021
Electric vehicle sales have recorded a dip in FY21 after a growth run of the last 5 years. While electric scooters remain the biggest contributor to overall EV sales, the electric car category has recorded a good growth, albeit on a low base. New Delhi: Electric vehicle sales across two, three and four-wheelers declined 20% […]
Sales of EVs in India fell 20 pc in FY’21 to 2,36,802 units: SMEV
The E3W segment registered sales of 88,378 units as against 140,683 units sold in FY20. The data doesn’t include E3Ws that are not registered with the transport authority, it said. New Delhi: Society of Manufacturers of Electric Vehicle (SMEV) on Thursday said sales of EVs in India fell 20 per cent in the financial year […]
SMEV hails govt’s decision to extend FAME II certificate validity
Originally, manufacturers were required to submit re-validation certificates for availing of demand incentives under FAME-II (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme New Delhi: Society of Manufacturers of Electric Vehicles (SMEV) on Tuesday welcomed the government’s move to extend the validity of the FAME II certification for one year. The Department of […]
Covid a blessing in disguise for electric mobility: Hero Electric CEO
Hero Electric’s CEO also believes that the startups associated with electric and sustainable mobility will get through the crisis with signs of normalcy reappearing NEW DELHI: Coronavirus crisis could be an opportunity in disguise for sustainable mobility to flourish in India, thinks Sohinder Gill, director general of SMEV. In an exclusive interview to TOI, Gill […]
India electric vehicle sales up 20 per cent in FY20
According to data available with industry body Society of Manufacturers of Electric Vehicles (SMEV), this includes 152,000 two-wheelers, 3400 cars and 600 buses NEW DELHI: Electric vehicle sales in the country increased by 20 per cent to 156,000 units in the last financial year. According to data available with industry body Society of Manufacturers of […]
SIAM, SMEV welcome electric vehicle policy of Delhi govt
With the introduction of this policy, SMEV is certain that Delhi will lead by example and more states will also emulate such measures to give a boost to the EV industry. New Delhi: Auto industry body SIAM on Tuesday said the electric vehicle policy announced by the Delhi government would help encourage consumers to adopt […]
Auto industry gets an electric boost in FY20 Budget
Finance Minister Nirmala Sitharaman’s maiden Budget provides tax incentives and GST cuts for electric vehicles. ‘The future is electric,’ reiterates the Union Budget 2019-20. In her maiden Budget speech on Friday, Finance Minister Nirmala Sitharaman announced an income tax deduction of ₹1.5 lakh on loans for electric vehicles to incentivise their purchase. The loan is […]
ISIE India, SMEV, SCGJ and VIT Vellore’s conference held on future mobility
The Imperial Society of Innovation Engineers (ISIE) India, in association with the Society of Manufacturers of Electric Vehicle (SMEV), the Skill Council for Green Jobs (SCGJ) and VIT Vellore held the first conference in the south section. The 2nd Annual Expert Talk 2018 was held at VIT Vellore on October 6, 2018, which saw discussions […]