Baua Electric
MARCH 24, 2024
And the automobile industry in India is a significant contributor to the country’s economy. The environment in which the automobile industry operates on statutory norms includes safety requirements, environmental regulations, labour laws, and trade policies. percent against the global average of 2.9
Baua Electric
JANUARY 15, 2024
Auto industry veteran Vinod Aggarwal isn’t just highly optimistic about India’s auto market — he has utmost faith that the sector will achieve its Rs 25 lakh crore target with ease, that too well before the proposed deadline of 2027-28.
Baua Electric
JANUARY 3, 2024
By: Mainak Das | Updated on: 03 Jan 2024, 13:42 PM India witnessed sales of 41 lakh passenger vehicles in 2023, up from 39 lakh units sold in 2022. India witnessed sales of 41 lakh passenger vehicles in 2023, up from 39 lakh units sold in 2022. Sales of new passenger vehicles in India recorded 41 lakh units milestone, marking around 8.2
Baua Electric
JANUARY 23, 2024
EV sales in India were growing by a compounded annual growth rate of 49%. The Indian automobile sector was able to source almost 50% of required auto parts from domestic markets under the INR 26,000 crore Production-Linked Incentive (PLI) scheme, said Union minister for heavy industries Mahendra Nath Pandey on Tuesday.
Green Car Congress
APRIL 1, 2010
The European automobile industry expressed concern about the “ sudden and massive ” increase in the price of iron ore, a crucial material for producing steel. The automobile industry needs broad access to raw materials at competitive conditions, especially in times of fragile economic circumstances, ACEA said.
Electric Vehicles India
JUNE 11, 2021
The Government of India is continuously making efforts to bring the electric vehicles revolution in India through various initiatives be it providing exemption of tax on electric vehicles or providing incentives under the FAME II (Faster Adoption and Manufacturing of Hybrid and EV). 76011 Electric Vehicles are sold in India.
Baua Electric
JANUARY 13, 2024
Automobile retail, which witnessed a new high in India in 2023 with all vehicle categories showing robust performances, is likely to continue its positive trend as it marches into the New Year. That will be a revolution that India must focus on if we are committed to the EV transformation.
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