Tesla’s China-Made EV Sales Drop 4.3% in Nov
U.S. automaker Tesla’s’s sales of China-made electric vehicles fell 4.3% year-on-year to 78,856 in November, data from the China Passenger Car Association (CPCA) showed on Tuesday. Deliveries of China-made Model 3 and Model Y vehicles recorded a 15.5% increase from…
Electric Vehicle Sales Down 12% in November After Festival-driven rush
Electric vehicle (EV) sales in India fell 12 per cent in November 2024 to 191,554 units, down from 219,021 units recorded in October, as the festival-driven surge subsided. However, on a year-on-year (Y-o-Y) basis, sales surged 31 per cent, compared…
Electric 2-wheeler Sales see 29 pc Growth in India in Nov
India saw 29 per cent growth (year-on-year) in electric two-wheeler (e2W) sales in the month of November at 118,924 units, which took cumulative 11-month sales of e2Ws to 1.07 million units. It was the third best month for the electric…
Global EV Sales up 35% in October, Propelled by China
Global sales of fully electric and plug-in hybrid vehicles increased 35% in October compared to the same month in 2023, driven by a 54% hike in sales in China, according to market research firm Rho Motion. However, it was a…
Bajaj Finance secures $400 million Loan from IFC to Boost Electric Vehicle Sales
The International Finance Corporation (IFC) has partnered with Bajaj Finance to provide a $400 million loan to the company in order to support women-owned microenterprises and women micro-borrowers, as well as to increase access to climate finance for electric vehicles…
Electric Two-Wheeler Sales Surge To 1.39 Lakh Units In October As Festive Season Fuels 85 Per Cent Growth
The festive season brought a surge in demand for electric two-wheelers, with retail sales reaching 139,031 units in October 2024. This marks an 85 per cent year-on-year growth compared to the previous year’s 75,164 units, as the 32-day festivities across…
Global EV sales up 30.5% in September as China shines, Europe recovers
Global sales of fully electric and plug-in hybrid vehicles rose by an annual 30.5 per cent in September, as China surpassed its record numbers recorded in August and Europe resumed growth, market research firm Rho Motion said on Tuesday. Gains…
AUTO i CARE Boosts EV Ecosystem with New After-Sales and Roadside Assistance Solutions
AUTO i CARE, a leading player in the Indian roadside assistance industry, is proud to announce the expansion of its after-sales and roadside assistance services to include electric vehicle (EV) two-wheelers from all brands and manufacturers across India. This strategic…
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,…
Ikea Reaches 100% EV Deliveries in Bengaluru, Hyderabad and Pune
Swedish furniture and homeware retailer Ikea said it has achieved 100% electric vehicle (EV) – powered deliveries of goods to consumers across Bengaluru, Hyderabad, and Pune, according to a company press release on Tuesday. Its Mumbai operations will soon join…
