Remove Dealers Remove Financing Remove India Remove Market
article thumbnail

BYD India plans 90% market coverage, eyes dominance in Rs 30-lakh EV category | Autocar Professional

Baua Electric

Chinese EV maker BYD, which launched its third product – the BYD Seal EV sedan – in India on March 5, plans to enhance its market coverage from the existing 65 percent to over 90 percent in the coming years. The company says the South is the biggest EV market in India, followed by the North and West, which are almost equal.

India 52
article thumbnail

Terra Motors partners Pooja Finelease Ltd. for electric vehicle financing

Electric Vehicles India

for electric vehicle financing. Terra Motors a leading electric vehicles manufacturer in India has partnered with Pooja Finelease Ltd. India’s leading non-banking finance company for electric vehicle financing. for electric vehicle financing appeared first on Promoting Eco Friendly Travel.

Financing 101
article thumbnail

Electric vehicles sales in India increased in November 2021 

Electric Vehicles India

Electric vehicles sales in India increased in November 2021 . Electric vehicles sales in India is growing rapidly with the total registered EV sales of about 42,067 units. million units representing 26% of new sales in the global automotive market. million units representing 26% of new sales in the global automotive market.

India 77
article thumbnail

RevFin raised Rs 30 crore in pre-series for faster EV adoption in India 

Electric Vehicles India

RevFin raised Rs 30 crore in pre-series for faster EV adoption in India . RevFin a digital lending platform that finances electric vehicles for commercial use that has raised $4 million (about Rs 30 crore) in pre-series. RevFin & EVI Technologies partnered to give finance to e-rickshaws & e-two-wheelers.

India 81
article thumbnail

Ola partners with DBest Cars India, a commercially used car trading start-up

Electric Vehicles India

Ola enters into strategic partnership with DBest Cars India, India’s leading commercial used car trading start-up According to Dbest, it aims to streamline India’s sprawling used car sector. According to Dbest, it aims to streamline India’s sprawling used car sector.

India 52
article thumbnail

AMU Leasing and Saera Electric Auto Pvt. Ltd. have partnered to provide vehicle financing.

Electric Vehicles India

One of the top companies in the electric automobile market, Saera Electric Auto Private Limited (SEAPL), has agreed to finance vehicles through the non-banking financial corporation (NBFC), AMU Leasing Pvt. have partnered to provide vehicle financing. appeared first on Promoting Eco Friendly Travel.

article thumbnail

A mini industry spawns under the hood of a booming car market – ET Auto

Baua Electric

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India’s car market is racing ahead. As per industry estimates, about 4.1