India Lithium-ion Battery Market to Hit Market Size of USD 30,860.6 Million By 2032
Indian thium-ion battery market generated a revenue of US$ 5,116.4 Million in 2023 and is estimated to reach US$ 30,860.6 million by 2032 at a CAGR of 22.1% during the forecast period 2024–2032. The Indian lithium-ion battery market is the…
Germany Set for 14% Drop in Electric-vehicle Sales as Carmakers Scale Back Ambitions And Demand ‘does not look good’
Standing at the front of the room at an auto industry association’s new year reception in Berlin this week, BMW CEO Oliver Zipse had reason to feel vindicated. Onstage, Transport Minister Volker Wissing was preaching to the crowd of policymakers…
Government Announces an Ambitious Plan to Bolster the EV ecosystem
In a transformative move towards sustainable transportation, Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman announced an ambitious plan to bolster the electric vehicle (EV) ecosystem while presenting the Interim Budget 2024-25 in Parliament today. This strategic initiative…
Indian Ev Charger Market To Register Cagr Of 46.5% By 2030
Embracing the era of electric mobility, India is setting the stage for a groundbreaking transformation in its EV charging infrastructure, according to 3rd annual “2022 India Electric Vehicle Charging Infrastructure & Battery Swapping Market Overview” report released by energy advisory and services…
Overcapacity In China’s EV Battery Industry To Reach Four Times Demand By 2025
China’s electric vehicle (EV) battery industry will face severe overcapacity in the next two years, which could lead to the closure of many small players, according to analysts. Chinese battery manufacturers, which number close to 50, will be able to…
India Electric Bus Market 2023 Driving Factors Forecast Research 2029
India electric bus market is estimated to grow at a significant CAGR during the forecast period. The rapidly increasing urbanization of India creating demand for improvement in public transport along with the cohesive government initiatives and schemes is one of…
China’s EV Market To See Slower Growth In 2023
China’s electric vehicle (EV) market is set to lose steam in 2023 as Beijing phases out cash subsidies and consumers shy away from big-ticket items over concerns about a gloomy economy. Slow sales growth of battery-powered vehicles could exacerbate production…
EV Investment In India: Trends To Watch In Indian Electric Vehicle Market In 2023
The electric vehicle industry has taken the Indian automotive market by storm. The industry has become an integral part of the industry. With a series of launches in the EV space, India has recorded a staggering growth rate of 686…
China’s EV Market Bucks Downward Auto Output
Chinese carmakers produced 2.39 million units in November, down by 8.2% from October, while sales fell by 7.1% month on month to 2.33 million units. Production and sales both dropped by 7.9% year on year, according to the China Association…
India Electric Vehicles Market With CAGR 77% by 2025 – Exclusive Report by Persistence Market Research, Inc.
In a new report published by Persistence Market Research titled “Electric Vehicle Market: India Industry Analysis (2012-2016) and Forecast (2017-2025),” it has been observed that the India electric vehicles market is expected to expand at a CAGR of 77% in…
