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Rise of Indian used car market; set to exceed 10 mn units by FY28 – ET Auto

Baua Electric

Predictably, the petrol segment continues to dominate the market The used car industry is generally three to five years behind the trends in the new car market. Second, it provides a B2B auction platform for dealers called EDIC. While the purchasing power may be different, customer aspirations are the same.

Market 52
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Reducing the cost of electric vehicles

Electric Vehicles India

Electric vehicles are covered under Production Linked Incentive (PLI) scheme for automobile and auto components, which was approved on 15.09.2021 with a budgetary outlay of Rs. Also, read related article: Vehicle scrappage policy to reduce the cost of EVs says Nitin Gadkari. for a period of five years.

Cost Of 101
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Power Global launches eZee swappable battery EVs in India 

Electric Vehicles India

The company was Romeo Power’s co-founder and former SpaceX Porter Harris and international auto industry veteran Pankaj Dubey which aims to provide electric vehicle and clean energy products to global markets. Also, read related article: Electric vehicles battery swapping types, advantages & disadvantages.

India 76
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Nitin Gadkari announced to manufacture flex-fuel vehicles & flex-fuel strong hybrid EVs 

Electric Vehicles India

In a series of Tweets he said that in line with Prime Minister’s vision of Aatmanirbhar Bharat and the government’s policy on promoting ethanol as a transport fuel, Flex Fuel Vehicles are capable to run on a combination of 100% Petrol or 100% bio-ethanol and their blends, along with strong Hybrid Electric technology in case of FFV-SHEVs.

Fuel 77
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Haryana government working on EV policy to manufacture EVs  

Electric Vehicles India

The government of Haryana is working out a policy to manufacture electric vehicles and convert petrol-diesel vehicles into electric vehicles in the state. Last year the Haryana Government outlined an incentive scheme to boost the auto sector in the state which aims to manufacture and create job opportunities. Haryana draft EV Policy .

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Ampere Electric records its best-ever month of retail sales in August with 5000 units

Electric Vehicles India

Greaves expanded its comprehensive ecosystem with e2w from Ampere, e-rickshaws from Ele and E-Auto from MLR. With changing consumer behaviour, enhanced environmental consciousness, rising petrol prices, rapid urbanization and significant COVID protocols; we are seeing more people switching to sustainable personal mobility options.

Sale 59
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Assam Electric Vehicle Policy 2021

Electric Vehicles India

15,000 for 3-Seater auto rickshaws. . Petrol Pumps are also permitted to set up EV charging stations providing fire and safety norms issued by the competent authorities. Also, read related article: Rajasthan unveils EV Policy 2021. 3 wheeler . 10000/-per kWh. 4 wheeler . 10000/-per kWh. 1,50,000/-. 10 lakhs per charging station.