Remove Automobile Manufacturer Remove Cost Of Remove Financing Remove Sale
article thumbnail

Tata Motors launches $10,000 electric hatch; deliveries of Tiago.ev start in January

Green Car Congress

Tata Motors, India’s leading automobile manufacturer, launched the newest member of its EV family this past week: the Tiago.ev. It is an ideal fun hatch which offers premium, safety and technology features, eco-friendly footprint, spirited performance, all made even more desirable with the added advantage of a low cost of ownership.

Motor 435
article thumbnail

Hyundai Motor Group invests $300M in India’s largest mobility service provider Ola

Green Car Congress

As part of the strategic collaboration, the companies have agreed to co-create solutions to operate and manage fleet vehicles, marking the Group’s first foray into the industry, as they expand operations from automobile manufacturing and sales to total fleet solutions. Ola already hosts more than 1.3

Hyundai 186
article thumbnail

The Auto Industry Must Aim 100% Electrification In 2 & 3-wheeler Segments Says Amitabh Kant

Get Electric Vehicle

It needs to be two-wheelers and three-wheelers since two-wheelers and three-wheelers account for 80% of total vehicle sales in India right now. According to the Federation of Automotive Dealers Associations (FADA), electric two-wheeler retail sales were 2,31,338 units last fiscal year, up from 41,046 units in 2020-21.

article thumbnail

8-state alliance releases action plan to put 3.3M ZEVs on their roads by 2025

Green Car Congress

Together they represent about a quarter of the nation’s new car sales. To date, manufacturers have rolled out more than 2 dozen models in the three ZEV categories. Sales have doubled over the past year alone, with more than half of those sales occurring in the MOU signatory states. Earlier post.)

Plug-in 244
article thumbnail

Volkswagen Group to invest more than €62 billion up to 2016; largest-yet investment package for new models, advanced technologies and production facilities

Green Car Congress

The ratio of capital expenditure to sales revenue will be at a competitive level of around 6% on average in the period from 2012 to 2016. Besides investments in property, plant and equipment, the total amount also includes additions to capitalized development costs of €11.6 The Volkswagen Group will invest around €62.4 billion (US$85.4

2016 210