Vidyut Launches in-house Used EV Sale and Financing Platform to Boost Convenience for Customers
Vidyut, a Bengaluru-based startup founded in November 2021, has launched an in-house platform for the sale and financing of used electric vehicles (EVs). This new service aims to make EV ownership more convenient and stress-free by managing the complete process…
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,…
MG Motor India Sets Sales Record In June 2024 With ZS EV Leading
MG Motor India continues to achieve stable sales figures, with the MG ZS EV setting a record in June 2024. The company reported retail sales of 4,644 units, demonstrating consistent market presence and potential for strategic growth. In June 2024,…
Tata Motors Achieves 1.5 Lakh EV Sales Milestone
Tata Motors has achieved a significant milestone with its electric vehicle business. The carmaker has sold over 1.5 lakh units of its EVs in India. Additionally, the brand has achieved a Y-o-Y growth of 48 per cent by selling 73,800…
Volvo Car India Surpasses 1000 EV Deliveries on World Environment Day
Volvo Car India today announced that the company has crossed the historic milestone of delivering over 1000 electric vehicles. Volvo Car India offers three EV models in India, the XC40 Recharge, the born electric C40 Recharge and the single motor…
Ola Electric Logs 49 Per Cent Share In Electric 2-Wheeler Market In May
Ola Electric, on Saturday, said that it has captured 49 per cent market share in the electric two-wheeler (2W) segment in May, with 37,191 registrations (as per government’s Vahan portal) riding on its S1 scooter portfolio. The deliveries of the…
Over 4 Million Plugin Vehicles Sold Globally in 2024
Global EV sales reached 1.1 million units in April 2024, according to EV research-house, Rho Motion, bringing year-to-date (YTD) sales to 4.3 million, 22% greater than the same period in 2023. Battery Electric Vehicles (BEVs) represent 64% of units sold…
Global EV Sales up 12% in March, Down 9% in Europe, Rho Motion Says
Global sales of fully electric and plug-in hybrid vehicles (PHEVs) rose 12% in March versus the same month in 2023, with growth in China and the U.S. market partly offset by a 9% drop in Europe, market research firm Rho…
Shares of China’s Xiaomi Jump on News of its First EV Launch
Shares of Xiaomi jumped 12% on Tuesday after the company said it would start deliveries of its first electric vehicle (EV) this month. The tech giant, which is China’s fifth largest maker of smartphones, is venturing into the world’s top…
