Sales of Electric 2-wheelers in India Slump 18% in August
After July 2024’s 107,000-plus retail sales of electric two-wheelers, up 97% YoY, August didn’t really turn out to be an august or impressive month for EV manufacturers, given the high expectations the sector has set for itself. At 88,451 units,…
SWITCH Mobility Taps Into EV Market With Extended Test Drives
Ashok Leyland’s electric vehicle division, SWITCH Mobility Automotive Ltd (SMAL), has recently introduced its electric small commercial vehicles (e-SCVs), the IeV3 and IeV4. Typically the market acceptance and demand for EVs, especially commercial vehicles over two tonne Gross Vehicle Weight…
Tajikistan Boosting EV Imports, Planning Domestic Production
Tajikistan is boosting imports of electric vehicles and planning domestic production together with Chinese partners, the Tajik Transport Ministry said. “According to the government’s Customs Service, Tajikistan imported 3,316 electric vehicles worth $59 million in 2023. As many as 5,266…
SES AI’s 100 Ah Li-Metal Is First to Successfully Pass the Global Electric Vehicle EV Safety Standard Test GB38031-2020
GB38031-2020 is a mandatory national standard in the world’s largest EV market, China, specifically designed for the electric vehicle sector, encompassing a series of rigorous tests such as overcharge, over discharge, external short circuit, heating, temperature cycling, and crushing. Compliance…
River Mobility Plans to Scale up ops; aims to Open 100 Stores by March
Bengaluru-headquartered electric vehicle startup River Mobility Pvt Ltd backed by marquee investors Yamaha Motor Corp, Mitsui & Company Ltd, aims to open 100 showrooms by March 2026, a top official said. The company under its expansion drive inaugurated its first…
EV Sales in India Jump 53% in July to 179,000 Units, EMPS revs up 2- and 3-wheeler Demand
India’s electric vehicle industry has had a good July 2024 on the retail sales front. At 178,948 units, the year-on-year increase was a strong 53%, with an additional 62,328 EVs being sold (July 2023: 116,620 units) or 5,772 EVs being…
Despite poor infra, electric vehicle sales on the rise
Poor infrastructure for electric vehicles (EV) in the city has failed to dampen the spirit of buyers. Since the implementation of the EV Policy in September 2022, as many as 3,281 electric two-wheelers and 1,785 four-wheelers have been registered in…
EV Stock Servotech Power Systems hits Upper Circuit after 15% Rally in one Month
Servotech Power Systems share price has been on an uptrend for one month. Shares of the EV charging solution provider company have risen from around ₹84.50 to ₹97.43 per share, recording more than a 15 per cent rise in this…
Volvo’s U.S. PHEV Sales Outsold EVs By A Ratio Of 9 To 1 In Q2 2024
Volvo Cars USA reported that in June, its car sales in the U.S. decreased by 28% year-over-year to 9,304. The company explained that the results were impacted by “third-party IT-related disturbances that affected retailers across the industry.” Volvo’s plug-in car…
EV Sales at 842,000 Units in H1 2024 grow 16% but June Numbers Lowest in 12 Months
As per the comprehensive retail sales data on the government of India’s Vahan website, the 842,217 EVs sold in H1 2024 account for 6.69% of the total 12.58 million (1,25,86,934 units) vehicles sold across all segments and petrol, diesel, CNG,…
