With nearly four million electric vehicles (EVs) sold in India cumulatively by March this year, the market is in the midst of an explosive growth phase and will become a major power consumer, a report said on Thursday.
The survey was conducted to evaluate the key indicators around last mile delivery companies' fleet transitioning to EVs. It measures public perception of air pollution linked to last mile deliveries and scale of demand for transition to EV by brands involved in deliveries by some of the e-commerce giants.
The number of electric vehicles (EVs) registered in FY24 increased significantly by 42.06 per cent as compared to FY23, the Parliament was told on Friday.
Nepal's trade dynamics have experienced a notable shift in recent months, reflecting broader economic and geopolitical trends in the region.
The sale of battery electric vehicles (BEVs) is set to hit the 10-million milestone this year, marking a significant achievement for the global passenger vehicle market, a report showed on Tuesday.
Speaking on the occasion Khara, reiterated the Bank’s commitment towards a sustainable environment and also emphasized the country’s commitment towards achieving a carbon-neutral status by 2070.
Under the single window process, the Delhi government, via the Discoms, has empaneled nearly 10 vendors for helping the citizens to choose from various EV chargers.
Darshan Rana, Chairman and Managing Director, of Rana Group, said: “We are targeting all different segments in the EV.”
Due to the rapid increase in the EV ecosystem, a critical facilitator of EV adoption is the ready availability of slow and fast chargers ensuring easy access to efficient and cost-effective charging, the KPMG in India report mentioned.
According to a new report released on Tuesday, India’s e-vehicle market is on the rise. With an estimated 45-50 million electric vehicles (EVs) on road by 2030.
