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).
At least 12 people were killed while 39 other suffered injuries on Sunday in Indonesia after an explosion at a nickel-processing plant, media reports said.
Hero MotoCorp has acquired an additional 3 per cent stake in electric vehicle manufacturer Ather Energy for nearly Rs 140 crore.
Also gives nod to setting up of public EV charging stations
As electric vehicles are taking centre-stage the theme "Electric Mobility Innovate for India" this year's MG Developer Program will focus on expanding the innovation platform for startups, developers, and innovators.
The EV production will grow at a CAGR (compound annual average growth rate) of 26 per cent from 2021 to 2026, in turn, EVs powertrain system demand wil increase to $107 bn.
