Page 7 - Electric Vehicles Sales

Ola Electric scales up as it plans to gain a lead over competitors

Company will be adding in-house manufacture of motors as well as cells, which account for the bulk of the cost of a scooter

Electric two-wheeler maker WardWizard's sales jump over two-fold in Nov

Electric two-wheeler maker WardWizard Innovations and Mobility on Friday said its sales surged over two-fold to 7,123 units in November this year as compared with the same month last year. The company, which sells Joy e-bike, had sold 3,290 units in November last year. Last month's sales number is the company's best-ever monthly performance till date. "With improved supply chain and consistent market expansion, we have been able to reach maximum customers, achieving another sales milestone. Our robust product portfolio and market presence have supported us to add new customers to the family," WardWizard Innovations & Mobility Chairman & Managing Director Yatin Gupte said in a statement. As customer purchasing sentiments are inclining towards electric vehicles to meet their daily mobility needs, the company is confident of carrying the same sales momentum in the coming months, he added.

Ultraviolette unveils India-made F77 electric motorcycle for Rs 3.8 lakh

Company says bike has the most advanced battery pack in the industry

Ather Energy may venture into making electric motorcycles: Co-founder

'It took us a long time because we started at a time when nobody even believed that electric vehicles would become possible. It was an uphill battle for us'

Retail sales of electric vehicles soar 185% to 111,971 units in Oct: FADA

The overall retail sales of electric vehicles (EVs), including passenger vehicles, in the country surged nearly 185 per cent year-on-year to 1,11,971 units in October, automobile dealers' body FADA said on Wednesday. EV sales stood at 39,329 units in October 2021. The total passenger EV sales rose 178 per cent to 3,745 units in October 2022 as against 1,346 PEVs retailed in the same month a year ago. Electric commercial vehicle sales grew 125.64 per cent to 274 units, as per the data released by the Federation of Automobile Dealers Association of India (FADA). Electric two-wheeler sales in October 2022 stood at 73,169 units as compared to 19,826 units in the same month of 2021, registering a year-on-year growth of 269.06 per cent. Electric three-wheeler sales jumped 92.87 per cent to 34,793 units as against 18,040 units in October 2021.

Q2 results: Hero MotoCorp net profit falls 9% YoY to Rs 682 crore

Hero MotoCorp's consolidated net profit fell by 8.63 per cent YoY to Rs 682.28 crore in the second quarter of FY23 amid weakening rural demand

Indian EV makers 'not doing it right', says Gogoro CEO Horace Luke

Luke on Thursday launched Gogoro in India with a pilot project in collaboration with ZyppElectric

Zooming ahead: 68,324 two-wheeler EVs sold in Oct, highest in 2022

ICE two-wheeler registrations have grown even faster than electric vehicles month-on-month following a definite slowing down in the last few months

Electric vehicles: Future of Earth's climate may be decided in traffic jam

The electrification of road transport is continuing at a breakneck pace

Chinese carmaker BYD drives into Indian e-SUV segment with Atto 3

Atto 3 can be charged from 0 per cent to 80 per cent within 50 minutes, and it has a range of 521 km. It can reach 0 to 100 km/h acceleration in 7.3 seconds

Two-wheeler sales in India rise 9% YoY, still below pre-pandemic levels

Honda emerged as the top two-wheeler seller in India in September, followed by Hero and TVS Motor. Ola Electric was the top EV seller

30% of two-wheelers will be electric by 2030 as adoption picks up: Study

FY22 will be 'year of inflection' for industry; clean energy mobility to help India reduce carbon emissions

New LML not primarily focused on price and range: MD Yogesh Bhatia

'The company is targeting to earn Rs 300 crore revenue in the first year after launching the first vehicle'

Price hikes in electric scooter models? 'Unlikely', says Ola Electric

The government has extended the earlier October 1 deadline for the implementation of new battery testing norms for electric vehicles (EVs)

EV sales likely to jump by over 4X by 2025 in India: Deloitte Touche

It will be largely led by two-wheelers, followed by three-wheelers and commercial vehicles and passenger vehicles, respectively

EVs need the spark of regulation in India to accelerate transition: Experts

Mandated battery standards are becoming imperative if India is to accelerate the transition from traditional vehicles

Exponent Energy partners Altigreen to bring rapid charging for electric-CVs

The companies have unveiled an electric three-wheeler that rapid charges from 0-100 per cent battery capacity within 15 minutes at Exponent's e-pump network

EV industry may create 50 mn indirect jobs by 2030: IVCA-EY-Induslaw report

The industry attracted $6 billion in investments in 2021; this is expected to grow to $20 billion by 2030

Can Ola Electric ride over the multiple challenges and emerge stronger?

Registrations are down, and ranking too. But the player insists it is ready for the many challenges staring it in the face

Tata Motors targets five-fold rise in electric vehicle sales by FY24

Will look to sell 100K units by next year, said Tata Motors chairman N Chandrasekaran