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Auto sector sourced 50% parts locally, says minister – ET Auto

Baua Electric

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.

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New milestone in 2023: What drove India to record over 41 lakh car sales

Baua Electric

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

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

The move will help promote the development of the automobile industry and drive economic growth. Our goal is for GAC Motor to take the lead in the EV business and achieve sales of 20,000 electric vehicles by 2020. The company ranked 5 th among all brands in J.D.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China is targeting the cumulative production and sales of more than 5 million new energy vehicles, including fuel cell vehicles, by that time as well. This progress includes advanced internal combustion engines; efficient transmissions; lightweight materials; and hybrid and other energy-saving technologies.

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Electric vehicles sales, transportation & policy initiatives 

Electric Vehicles India

Electric vehicles sales, transportation & policy initiatives . Today in this article we will see the sales of electric vehicles under the FAME II scheme and overall sales. Today in this article we will see the sales of electric vehicles under the FAME II scheme and overall sales. per cent sales decline.

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Toyota to launch two new plug-in hybrid models in China; Corolla and Levin

Green Car Congress

On the eve of the 2016 Beijing International Automobile Exhibition, Toyota announced that it will launch plug-in hybrid versions of the Corolla and Levin—two mass-market models, both of which have conventional hybrid variants—in China during 2018. Click to enlarge. and Sinogy Toyota Automotive Energy System Co.,

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Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

CN EV Post

The Polestar 3 will be on display at the Shanghai auto show next month, and the model will go into production at Polestar's plant in Chengdu, Sichuan province, in the middle of this year, Polestar said today.

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