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cost of Electric vehicles are going to available for petrol vehicle cost.

Electric Vehicles India

The Union Minister of Road Transport and Highways Nitin Gadkari has mentioned that the cost of Electric vehicles are going to be available for the petrol vehicle cost and the statement was addressed at an event. Within a year Electric vehicles are going to be equal to the cost of petrol vehicles in the Indian market.

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Reducing the cost of electric vehicles

Electric Vehicles India

Reducing the cost of electric vehicles. 10,000/KWh with an increase in cap from 20% to 40% of the cost of the vehicle from 11th June 2021, thus enabling the cost of Electric two-wheelers at par with that of ICE two-wheeler vehicles. Drop-in battery price will result in cost reduction of electric vehicles.

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Vehicle scrappage policy to reduce cost of EVs says  Nitin Gadkari 

Electric Vehicles India

Vehicle scrappage policy to reduce cost of EVs says Nitin Gadkari . The Union Road Transport and Highways Minister Nitin Gadkari have once again explained that the National Automobile Scrappage Policy will help to increase the economic growth and boost employment generation in the country. Vehicle scrappage policy.

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charging stations business in India.

Electric Vehicles India

As we all can see how Electric vehicles were growing day by day and there is a lot of opportunity in the automobile industry at moment there are fewer charging stations in India but in the future, it will become a game-changer in Indian business in other. All of these figures show that India is steadily moving toward an EV revolution.

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Is the Depreciation Cost of Electric Vehicles the Same as Conventional Vehicles?

Get Electric Vehicle

With the increasing popularity and adoption of electric vehicles (EVs), many prospective buyers are curious about the overall costs associated with owning an EV. One crucial deciding factor in countries like India, is the depreciation, as it directly impacts the resale value and long-term financial implications of owning a vehicle. 

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EV sales in India surge 41% to 1.66 million units in FY2024 | Autocar Professional

Baua Electric

As per retail data published on the government of India’s Vahan website, between April 1, 2023 and March 31, 2024, a total of 16,65,270 EVs were bought in India – that’s 4,562 EVs sold every day in FY2024 compared to 3,242 EVs in FY2023. MEGA MARCH PUMPS UP THE VOLUME March 2024 was a mega month for India EV industry.

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EV sales in India at 3.4m, Maharashtra tops in 2Ws, PVs and buses | Autocar Professional

Baua Electric

Cumulative 10-year retail data from the government’s Vahan portal reveals that India EV Inc has seen sales grow from a very low 2,390 units in CY20214 to 15,31,177 units in CY2023 (see data table below). India EV Inc’s strong growth trajectory has its footprint across multiple states and Union territories in terms of EV ownership.

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