The three-wheeler market witnessed a significant 24% growth, with EVs constituting 53 percent of this growth, said the Federation of Automobile Dealers Associations (FADA).
South Korean companies LG Chem and Samsung and Chinese manufacturers BYD and CATL, promise that the first generation of solid-state batteries will begin production by 2024.
Consumers embrace EVs as their primary mode of transport, overcoming initial concerns and challenges. Factors such as cost of ownership, performance, and home charging drive the demand.
With an annual capacity to produce as many as 500,000 electric vehicles, the prices for the EVs would start from 2 million rupees ($24,400.66), according to a TOI report.
Maruti exited the diesel vehicle market in 2020. Aiming to sell 4.5 lakh CNG vehicles, plus hybrid vehicles this year, company says these will match earlier diesel vehicle sales.
Texas is the first state that will mandate Tesla's charging technology, giving a boost to CEO Elon Musk's hope of making it the national charging standard.
Japan’s Industry Minister Yasutoshi Nishimura said large-scale investments by Toyota and so on will hopefully lead to strengthening of supply chain for storage batteries.
With an educated & skilled workforce, Tamil Nadu has a burgeoning industrial sector which has scored massive investments in automobiles, electronics, and even footwear.
The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.
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