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

Baua Electric

The used car industry is generally three to five years behind the trends in the new car market. New Delhi: The Indian used car market is poised for continued expansion, fuelled by a burgeoning middle class with rising disposable income, a growing desire for personal mobility and shorter vehicle replacement cycles. million units.

Market 52
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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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Revolt Motors partners Dominos for its delivery fleet 

Electric Vehicles India

” The company believes that this parntership is just the beginning of the potential revolution to transform it into the massive delivery bike market in the coming years. last year, India’s biggest food delivery startups, Swiggy and Zomato, cleaned up their actions by choosing electric vehicle rides over regular petrol diesel vehicles.

Fleet 103
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Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

Nepal aims to phase out petrol-diesel vehicles with electric vehicles by 2031. . Nepal aims to phase out petrol-diesel vehicles with electric vehicles by 2031. But due to Khatiwada’s move spiked prices of electric vehicles by 120-140% which made them out of the market and less competitive when compared to the ICE vehicles.

Nepal 103
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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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Assam Electric Vehicle Policy 2021

Electric Vehicles India

Petrol Pumps are also permitted to set up EV charging stations providing fire and safety norms issued by the competent authorities. State Government shall partner with premier Technical Institutes for establishing Centers of Excellence for conducting market-focused research on battery technologies, battery Management, motors and controllers.

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EV sales in India: Hero Electric, Tata Motors, BMW

Electric Vehicles India

lakh vehicles registered including 7,869 electric vehicles, 6,857 CNG vehicles, 7,257 vehicles run on both CNG and petrol and 93,091 vehicles that run on petrol and diesel. Also, read related article: COVID-19-EV sales fall to 18% in 2020 . per cent increase since the start of 2021.

India 59