Remove 2018 Remove Buy Remove Petrol Remove Price
article thumbnail

IEA: global energy efficiency progress drops to slowest rate since start of decade

Green Car Congress

in 2018, driven in large part by the People’s Republic of China, India and the United States, which were responsible for 70% of demand growth. in 2018—the slowest rate since 2010—according to Energy Efficiency 2019 , the IEA’s annual report on energy efficiency. Global primary energy demand rose by 2.3%

Global 150
article thumbnail

T&E study: EVs can be cheaper for Uber drivers to run than latest diesels in many European capitals

Green Car Congress

This is because of cheaper electricity, lower EV retail prices and higher purchase incentives in France. The economics of EVs—more expensive to buy but a lot cheaper to run—match perfectly with high-mileage, low-margin businesses like ride-hailing and taxis. —Yoann Le Petit, new mobility expert with T&E.

Diesel 243
article thumbnail

Rising Fuel Prices Have Imparted A Potent Boost To The Indian Electric Scooter Market

Get Electric Vehicle

Despite recent reductions in excise duty and VAT rates, the price of petrol in India remains high enough to put a hole in customers’ wallets. But consumers are moving their focus to electric scooters as a result of the sky-high price of gasoline. Aiming For Aspirational Indians. With a market size of roughly 5.6

Market 52
article thumbnail

2024 Hyundai Creta LIVE Updates: The most-awaited mid-size SUV lands today

Baua Electric

Back in 2015, Santro was the smallest Hyundai money could buy and was still faring decently well. The petrol motor was reliable and the diesel unit had a whole lot of spirit. The first-generation Creta was a big hit which helped the facelift model – launched in 2018 – build on sales numbers.

Hyundai 52
article thumbnail

Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

in 2018 and 42.4% Here’s a quick timeline of the key incentives based on information from the Norwegian Electric Vehicle Association : The key benefit for EV owners remains the green tax deals on buying (no purchase or import tax), leasing (no VAT on leased EVs) and owning EVs (no road tax, reduced company car tax).

Global 83
article thumbnail

Maruti Suzuki brands remain top choice for used car buyers in 2023: CARS24 – ET Auto

Baua Electric

In 2023, millennials and Gen Z took the wheel by not just buying, but also upgrading their cars, injecting a wave of younger vehicles into the market and seamlessly addressing the demand-supply gap. CARS24’s internal analysis revealed a 14% surge in the sales of cars valued above INR 8 lakhs between 2018 and 2023.

Suzuki 52
article thumbnail

What Does It Take To Win The EV Race As A Country?

Get Electric Vehicle

4 Incentives and Subsidies Providing incentives for consumers to buy EVs can stimulate demand. However, the higher initial prices of EVs compared to their petroleum equivalents, their scarcity, and the availability of charging infrastructure have prevented fleets from purchasing them. Renewable energy sources are very sustainable.

Norway 40