MG ZS EV Dominates In Resale Value In Droom Study
The automobile industry has been experiencing a significant shift towards Electric vehicles (EVs) as a more sustainable and eco-friendly mobility solution. Among the leading players in this emerging market are Tata Motors and MG Motor India, both offering impressive electric SUVs. The…
Tata Motors Total Sales Decline YoY, Electric Cars Give Firm A Boost
Tata Motors sold 74,973 vehicles in May 2023, down 2 per cent year-on-year (YoY) as the automaker made gains in the electric cars (EV) market. The company’s total private vehicle sales went up by 6 per cent YoY at…
Electric Two-Wheelers Will Get More Expensive Now
The Faster Adoption and Manufacturing of (hybrid &) Electric vehicles Phase II (FAME II) scheme was implemented in April 2019 by the central government to incentivise buyers to purchase electric 2-wheelers by providing a substantial subsidy on their price. This…
Tesla Proposes To Set Up EV Plant In India
Tesla has proposed setting up a factory in India to build electric cars for domestic sales and exports, which as senior executives discussed the plan for local sourcing of parts with government officials on 17 May, 2023, during their visit…
Feature: Lebanon Sees Surging Demand For Chinese EVs
Demand for Chinese electric vehicles (EVs) in the Lebanese market has surged over the past two years, according to car exhibitors at the 2nd edition of the E-MotorShow Middle East for Electric & Hybrid cars, who expected that Chinese cars…
Automakers Commit To Increasing Electric Car Sales In The US
Declaring the U.S. must “move fast” to win the carmaking future, President Joe Biden on touted a commitment from the auto industry to make electric vehicles up to half of U.S. sales by the end of the decade. Biden wants…
Warren Buffett-Backed Chinese Electric Car Company Outsells Its Start-Up Rivals
Chinese automaker BYD is selling far more luxury electric sedans a month than the leading start-ups in the country, even though sales of electric passenger cars fell 11% last year. BYD, backed by American billionaire Warren Buffett, disclosed that sales…
eBikeGo Offers An Affordable Monthly Subscription Of Electric Scooters For Easy Commuting
The entire world is facing a global economic crisis due to the ongoing pandemic. As the country enters its third phase of nationwide lockdown, the government has also given some relaxation in some areas according to the zones, red, orange…
Hero Electric Launches Unique Three-Day Return Scheme
As more and more showrooms and dealerships reopen in India, most automakers are using lucrative discounts and benefits to encourage customers to start buying vehicles again. And the latest company to jump on this bandwagon is Hero Electric, the country’s…
Kia Motors Europe Outlines Plans For EV Sales Growth
At the start of the year, Kia Motors announced ‘Plan S’, a new mid- to long-term strategy aimed at progressively establishing a leadership position in the future automotive industry, encompassing electrification and mobility services, as well as connectivity and autonomy….
