Remove Global Remove India Remove Low Cost Remove Market
article thumbnail

Global Voices: ‘I think India is well positioned for EVs now’, says Thomas Schafer, Global CEO of Volkswagen | Autocar Professional

Baua Electric

Volkswagen, Europe’s largest carmaker says it is looking to further invest in India and it is likely to be for all electric vehicles with a big focus on localisation and exports. What’s your view on the Indian market? We’ve invested a lot of money in India, we are very happy with that. We did India 2.0 Can they do more?

India 52
article thumbnail

IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

Green Car Congress

Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d by 2023 to 104.7

Brazil 218
article thumbnail

Tesla’s apparent red carpet treatment in India an effective tool against rivals

Teslarati

While Tesla has seen notable challenges breaking into India in the past, the electric vehicle maker appears to be receiving a red carpet welcome of sorts this time around. India is an increasingly important market in the auto industry. Modi is reportedly tracking the discussions’ developments as well.

India 98
article thumbnail

Global study shows uneven urbanization among large cities in the last two decades

Green Car Congress

According to the latest report from the United Nations (UN), the global population in 2018 was 7.6 By 2050, the global population is expected to soar to 9.7 New Delhi in India, Cairo in Egypt, Lagos in Nigeria). 21 cities (2.5%) from low-income countries (e.g. billion and the urban population was 4.2

Global 433
article thumbnail

IDTechEx calculates ~31 GWh of electric vehicle markets beyond cars in 2021

Green Car Congress

While electric cars will remain the largest electric vehicle market for the foreseeable future in terms of battery demand and market revenue generation, most transport sectors are facing a transition. There are relatively few strong market drivers for electric vehicles in construction. Electric Vehicles in Construction - 1 GWh.

Market 150
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. Lakh (US$10,000) (All India – Ex-showroom), for the first 10,000 customers (of which 2000 will be reserved for the current owners of Nexon EV and Tigor EV). and Tata Passenger Electric Mobility Ltd.

Motor 435
article thumbnail

BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

Green Car Congress

Global cumulative energy storage installations. BNEF’s Energy Storage Outlook 2019 predicts a further halving of lithium-ion battery costs per kilowatt-hour by 2030, as demand takes off in two different markets: stationary storage and electric vehicles. Source: BloombergNEF.