article thumbnail

Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos. Additionally, major automakers are investing heavily in R&D to develop affordable and high-performing electric vehicle models specifically designed for the Indian market.

India 98
article thumbnail

India’s FY24 PV sales grow 8.5% to a record 4.23 million cars; SUVs now account for more than half of volumes  | Autocar Professional

Baua Electric

million, units during the previous financial year, as per the estimates from India’s top car makers Maruti Suzuki and Hyundai Motor India. The industry has reported its highest-ever monthly sales numbers in all 12 months of the financial year. Improvement in the rural sentiments also boosted the industry sales. lakh, or 4.23-4.25

SUV 40
article thumbnail

China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

Electric vehicles are "definitely affordable and environmentally friendly technology, and we think theres a huge potential market in China for them," Li Shufu, Geelys chairman, said in an interview Monday. It would take five to 10 years before they become truly affordable for everyday folk," Mr. Zhao said.

China 28
article thumbnail

2020 Electric Vehicle Industry Report Card and trends for the new year

Plug In India

It's now up-to the auto industry to launch more EV's. Watch our discussion on Delhi EV policy Lithium Iron Phosphate Batteries are way to go for India This year we saw a dramatic shift by auto OEM's to use Lithium batteries and phase out Lead acid batteries in electric autos, scooters and more.

2020 59