EV maker Ampere’s revenue declines by 46 pc to Rs 612 crore in FY24
Electric vehicle (EV) maker Ampere's total income from operations in FY24 declined by 46 per cent to Rs 612 crore, from Rs 1,124 crore in FY23.
Electric vehicle (EV) maker Ampere's total income from operations in FY24 declined by 46 per cent to Rs 612 crore, from Rs 1,124 crore in FY23.
EVs are emerging as a transformative solution, in line with India’s COP26 commitment to transition to 100 per cent zero-emission vehicles by 2040.
While it is absolutely possible to realise the environmental benefits of EVs, this will depend on the source of energy used to charge them. India has a rich solar and wind resource, which can be tapped into to realise these potential benefits.
Electric Vehicles (EVs) are reshaping the automotive landscape, offering significant environmental and economic advantages, from reduced emissions to lower maintenance costs. The global transition toward EVs is accelerating, with nearly 14 million new electric cars registered in 2023 alone, bringing the worldwide total to 40 million, as per the International Energy Agency.
As the global shift towards sustainable energy solutions accelerates, electric vehicles (EVs) have become central to this transformation. However, the rapid expansion of the EV market presents significant challenges, particularly in managing the growing volume of electronic waste (e-waste).
Electric vehicle (EV) models produced by South Korea's Hyundai Motor and Kia have received top ratings in major global car crash safety tests, the automakers said on Sunday.
In a bid to expand its reach in South India and to open up testing facilities in upcoming areas like EV battery and charger testing, a satellite centre is being opened in RRSL Jakkuru campus Bengaluru, Karnataka.
According to Vahan data from the Ministry of Road Transport and Highways, EV sales in June 2024 fell by more than 14% to 1,06,081 units, compared to 1,23,704 units sold in May.
Kia, South Korea's second-largest automaker, on Tuesday announced the release of a redesigned and upgraded version of its EV6 electric vehicle, which was first introduced in 2021.
Global electrification, previously driven by strong electric vehicle sales, is now showing signs of growth moderation despite supply chain normalisation and price reductions by OEMs, as per a report by JM Financial Institutional Securities.
